Real Estate Blog

Calgary Real Estate Market Update – September 11, 2026

Calgary’s housing market continues to adjust as inventory levels remain significantly higher than last year, providing buyers with more choice while maintaining relatively stable home prices. Although sales activity continues to trail last year's pace, benchmark pricing has held steady, highlighting the resilience of Calgary's market despite changing supply conditions.

Market Overview

As of September 11, Calgary has recorded 527 residential sales for the month, a 3.94% increase compared to the 507 sales recorded by the same time in September 2025. New listings have reached 1,250, down 8.63% year-over-year, while active inventory sits at 6,734 properties, representing a 3.11% decrease from the same point last year.

The market continues to benefit from improved inventory compared with recent years, giving buyers greater selection while helping maintain balanced market conditions.

Monthly Market Snapshot (September 2026)

• Total Sales: 527 (+3.94% vs. September 2025)

• New Listings: 1,250 (-8.63%)

• Active Listings: 6,734 (-3.11%)

• Median Sale Price: $575,000 (+2.68%)

• Average Sale Price: $646,400 (+4.34%)

• Days on Market: 45 (+7.14%)

Price Trends

Home values continue to demonstrate stability despite softer sales activity. The median sale price has increased to $575,000, up 2.68% from last year, while the average sale price has climbed to $646,400, a 4.34% increase year-over-year.

Although the monthly benchmark price remains at $569,800—1.08% lower than August 2025—it continues to indicate that Calgary home values have stabilized after moderating from previous record highs.

Market Pace

Properties are currently taking an average of 45 days to sell compared with 42 days one year ago. While homes are spending slightly longer on the market, well-priced properties in desirable locations continue to attract strong buyer interest.

The increase in available inventory has created a healthier pace of activity, reducing the urgency experienced during the highly competitive markets of recent years.

Year-to-Date Market Performance

Through September 11, Calgary has recorded:

• Total Sales: 15,168 (-10.70%)

• New Listings: 28,627 (-9.42%)

• Median Price: $580,000 (unchanged)

• Average Price: $645,419 (+2.32%)

• Average Days on Market: 39 (+14.71%)

While overall sales remain below last year's pace, average home prices continue to post modest gains, reflecting ongoing demand supported by Calgary's growing population and relatively affordable housing compared to many other major Canadian cities.

Weekly Market Update (September 4–10)

The most recent seven-day period shows:

• Total Sales: 334 (-16.29%)

• New Listings: 807 (-18.73%)

• Active Listings: 6,734 (-3.11%)

• Median Price: $599,995 (+8.11%)

• Average Price: $669,858 (+8.36%)

• Days on Market: 43 (+2.38%)

Weekly sales softened compared with the same week last year, while both median and average sale prices posted healthy year-over-year gains. Fewer new listings entering the market helped keep inventory levels relatively stable.

What This Means for Buyers

Buyers continue to benefit from increased housing choice compared with previous years. The combination of stable pricing, longer marketing times, and improved inventory allows purchasers more opportunity to compare properties, negotiate terms, and make informed decisions without the intense competition that characterized earlier market cycles.

What This Means for Sellers

Although the market remains favourable for well-prepared listings, sellers should expect more competition than in recent years. Accurate pricing, professional marketing, and strong property presentation remain essential to attracting qualified buyers quickly. Homes priced appropriately continue to sell efficiently despite a more balanced marketplace.

Looking Ahead

As Calgary moves further into the fall market, seasonal slowing is expected. However, strong population growth, steady employment, and continued affordability relative to many Canadian markets should continue supporting housing demand through the remainder of 2026.

Bottom Line

Calgary's housing market remains balanced and resilient. Sales activity is still below last year's pace on a year-to-date basis, but prices continue to show modest appreciation while buyers enjoy greater selection. With inventory levels remaining elevated and demand staying healthy, the market continues to offer opportunities for both buyers and sellers who are prepared and well-informed.