Real Estate Blog

Calgary Real Estate Market Update – September 5, 2026

Calgary's housing market continues to move toward balanced conditions as the first week of September comes to a close. While year-to-date sales remain below last year's pace, early September activity has been encouraging, with stronger sales than the same period in 2025. Inventory remains healthy, giving buyers more options while stable pricing continues to support seller confidence. The market remains active, but success continues to depend on realistic pricing and informed decision-making.

Monthly Market Snapshot

As of September 4, Calgary has recorded 278 home sales this month, compared to 166 sales during the same period in September 2025, representing a 67.47% increase. While this is a significant year-over-year gain, it's still very early in the month, and these percentages will naturally moderate as more transactions are reported.

New listings total 586 properties so far this month, down 8.72% from 642 during the same period last year. Fewer new listings, combined with stronger sales activity, suggest inventory is being absorbed at a healthy pace.

Active inventory currently sits at 6,573 homes, down 4.13% from 6,856 at the same point last year. Although inventory has declined year over year, buyers continue to enjoy considerably more selection than during Calgary's highly competitive seller's market of recent years.

Price Trends

Home values continue to demonstrate resilience despite slower overall market activity.

• Benchmark Price: $569,800, down 1.08% compared with August 2025.
• Median Sale Price (September to date): $562,625, up 6.36% from $529,000 during the same period last year.
• Average Sale Price (September to date): $613,162, up 3.09% year over year.

With only a few days of September sales recorded, average and median prices remain subject to daily fluctuations as additional transactions are reported.

Market Pace

Homes are taking slightly longer to sell than they did one year ago.

• Average Days on Market: 46 days, compared with 44 days during the same period in September 2025, an increase of 4.55%.

Although properties are spending a little more time on the market, today's conditions remain healthy and provide buyers with additional time for due diligence while allowing sellers to achieve strong results when homes are priced appropriately.

Year-to-Date Market Performance

Looking at Calgary's overall performance through early September:

• Total Sales: 14,922, down 10.35% from 16,644 at the same point in 2025.
• New Listings: 27,964, down 9.43% year over year.
• Median Sale Price: $579,950, essentially unchanged from last year's $580,000.
• Average Sale Price: $644,769, up 2.22% year over year.
• Benchmark Price: $576,000, down 3.92% compared with 2025.
• Average Days on Market: 39 days, compared with 34 days last year, an increase of 14.71%.

Although transaction volumes remain lower than last year, Calgary continues to experience stable home values, reinforcing the strength of the local housing market.

Weekly Market Update (August 29 – September 4)

The most recent seven-day period reflects continued buyer activity.

• Total Sales: 404, up 15.76% from 349 during the same week in 2025.
• New Listings: 723, down 18.03% year over year.
• Active Listings: 6,573, down 4.13%.
• Median Sale Price: $565,000, up 3.67%.
• Average Sale Price: $620,165, up 2.69%.
• Days on Market: 44 days, unchanged from the previous week and up 4.76% from last year.

The combination of stronger sales and fewer new listings suggests that buyer demand remains healthy as Calgary enters the fall market, helping maintain balanced conditions across many segments.

What This Means for Buyers

Buyers continue to benefit from improved inventory levels compared with the highly competitive markets of recent years. More available homes provide additional opportunities to compare properties, negotiate terms, and make informed purchasing decisions. While competition has eased, well-priced homes in desirable neighbourhoods continue to attract strong interest.

What This Means for Sellers

Sellers remain in a favourable position, particularly when homes are priced accurately and presented well. Stable pricing and improving buyer activity indicate that demand remains strong, but today's buyers are more selective and have greater negotiating power than they did during the peak seller's market.

Bottom Line

Calgary's housing market continues to demonstrate resilience as September unfolds. Early monthly sales have outpaced last year's levels, inventory remains healthy without becoming excessive, and home prices continue to hold steady. Although year-to-date sales remain below 2025 levels, the market is showing encouraging signs of stability with balanced conditions benefiting both buyers and sellers. As we move further into the fall market, inventory trends, buyer confidence, and pricing stability will continue to shape Calgary's real estate landscape through the remainder of 2026.