Real Estate Blog

Calgary Real Estate Market Update – September 6, 2026

The Calgary housing market continues to show resilience despite lower sales activity compared to last year. Inventory remains significantly higher than 2025 levels, providing buyers with more choice, while prices have remained remarkably stable. The additional supply is helping create a more balanced market, yet well-priced homes continue to attract strong interest.

Market Snapshot

Month-to-Date (as of September 6)

• Total Sales: 310, up 23.51% from 251 on September 6, 2025

• New Listings: 647, down 27.22% from 889 last year

• Active Listings: 6,581, down 5.54% from 6,967 last year

• Median Sale Price: $570,000, up 2.70% from $555,000

• Average Sale Price: $626,808, up 3.23% from $607,191

• Days on Market: 47 days, up 9.30% from 43 days

The month has started stronger than last year in terms of sales, despite a notable decline in new listings. Fewer homes are coming to market, while demand has strengthened enough to push both median and average sale prices higher.

August Market Recap

Compared to August 2025:

• Total Sales: 1,659, down 16.47%

• New Listings: 3,141, down 9.66%

• Active Listings: 6,522, down 2.16%

• Benchmark Price: $569,800, down 1.08%

• Median Price: $565,000, down 0.79%

• Average Price: $637,386, up 4.12%

• Days on Market: 41 days, up 7.89%

August reflected a market where fewer transactions occurred, but higher-end sales continued supporting average prices. Benchmark and median values experienced only modest declines, indicating that overall home values remain relatively stable.

Year-to-Date Performance

Through September 6, 2026:

• Total Sales: 14,954, down 10.61% from 2025

• New Listings: 28,025, down 9.96%

• Median Price: $580,000, unchanged year over year

• Average Price: $644,984, up 2.25%

• Benchmark Price: $576,000, down 3.92%

• Days on Market: 39 days, up 14.71%

While overall sales remain below last year's pace, pricing continues to demonstrate resilience. Stable median pricing and modest growth in average sale prices suggest continued confidence in Calgary's housing market, even as buyers enjoy more balanced conditions than during the highly competitive markets of previous years.

Weekly Market Activity

For the week ending September 5:

• Total Sales: 399, up 21.28% from the same week in 2025

• New Listings: 736, down 25.05%

• Active Listings: 6,581, down 5.54%

• Median Price: $570,000, up 1.79%

• Average Price: $627,885, up 2.72%

• Days on Market: 45 days, up 4.65%

The weekly numbers continue to show encouraging momentum. Sales are outperforming last year's levels despite substantially fewer new listings, suggesting demand is absorbing available inventory at a healthy pace.

What This Means for Buyers

Buyers continue to benefit from a more balanced market than in recent years. Inventory remains elevated compared to historical norms, providing greater selection and stronger negotiating opportunities. However, with sales improving and listing activity slowing, well-priced properties continue to move quickly. Buyers who are prepared with financing and act decisively remain well positioned.

What This Means for Sellers

Although total annual sales remain below last year's pace, sellers are benefiting from steady pricing and improving buyer activity to begin September. Proper pricing and professional marketing remain essential, but reduced competition from fewer new listings creates favourable conditions for well-presented homes. Homes that are priced appropriately continue to attract qualified buyers.

Looking Ahead

Early September has begun with stronger sales and continued price stability despite reduced listing activity. If this trend continues through the month, Calgary's market could finish September with improving demand and continued support for home values. Inventory remains sufficient to offer buyers choice while still allowing sellers to achieve solid results when properties are priced strategically.