Real Estate Blog

Calgary Real Estate Market Update – September 7, 2026

Calgary's housing market continues to demonstrate resilience 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 and continued price stability. Inventory remains healthy, providing buyers with more options than they experienced during the peak seller's market, while well-priced homes continue to attract strong interest. Overall, Calgary continues to transition toward a balanced and sustainable housing market.

Monthly Market Snapshot

As of September 6:

• Total Sales: 310, up 23.5% compared to 251 sales during the same period in September 2025.
• New Listings: 647, down 27.2% from 889 last year.
• Active Listings: 6,581, down 5.5% from 6,967 last year.
• Benchmark Price: $569,800, down 1.1% from August 2025.
• Median Sale Price: $570,000, up 2.7% from $555,000 last year.
• Average Sale Price: $626,808, up 3.2% from $607,191.
• Days on Market: 47 days, up 9.3% from 43 days last year.

The month has started with stronger buyer demand despite fewer new listings coming to market. This combination is helping support home values while maintaining healthy inventory levels.

Price Trends

Home prices continue to remain remarkably stable despite lower overall sales activity.

• The benchmark price of $569,800 reflects only a modest 1.1% decline from last August.
• The median sale price has increased 2.7% year over year to $570,000.
• The average sale price has climbed 3.2% to $626,808.

While early-month pricing can fluctuate as additional sales are reported, Calgary continues to demonstrate strong price resilience across most property types.

Market Pace

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

• Average Days on Market: 47 days, compared to 43 days during the same period in 2025.

This reflects a healthier market where buyers have more time to complete due diligence while sellers still benefit from steady demand for competitively priced homes.

Year-to-Date Market Performance

Looking at Calgary's overall housing market through early September:

• Total Sales: 14,954, down 10.6% from 16,729 last year.
• New Listings: 28,025, down 10.0% year over year.
• Median Price: $580,000, unchanged from 2025.
• Average Sale Price: $644,984, up 2.3% year over year.
• Benchmark Price: $576,000, down 3.9% year over year.
• Average Days on Market: 39 days, compared to 34 days last year.

Although sales volumes remain below last year's pace, Calgary continues to post stable pricing and modest annual appreciation, highlighting the strength of the local market.

Weekly Market Update (August 30 – September 5)

The most recent seven-day period continues to show encouraging momentum.

• Total Sales: 399, up 21.3% from 329 during the same week in 2025.
• New Listings: 736, down 25.1% year over year.
• Active Listings: 6,581, down 5.5%.
• Median Sale Price: $570,000, up 1.8%.
• Average Sale Price: $627,885, up 2.7%.
• Days on Market: 45 days, up 4.7%.

The combination of stronger sales and fewer new listings suggests buyers remain active while inventory growth is stabilizing, creating balanced conditions across much of the market.

What This Means for Buyers

Buyers continue to benefit from improved inventory levels compared to the highly competitive markets of recent years. More available homes provide greater choice, additional negotiating opportunities, and more time to make informed decisions. However, desirable homes that are well-priced continue to sell quickly, making preparation and financing important.

What This Means for Sellers

Sellers remain in a favourable position when homes are priced accurately and presented professionally. Although buyers have more options than they did over the past several years, reduced listing activity and improving sales are helping support property values. Strategic pricing and strong marketing continue to be key to achieving the best results.

Bottom Line

Calgary's real estate market continues to move toward a healthy balance. Early September has delivered stronger sales, fewer new listings, and continued price stability, creating favourable conditions for both buyers and sellers. While year-to-date sales remain below 2025 levels, resilient home values and improving buyer activity reinforce Calgary's position as one of Canada's strongest housing markets. As we move further into the fall season, inventory trends, consumer confidence, and demand will continue to shape the market through the remainder of 2026.