Calgary Real Estate Market Update

Last updated 1 October 2026, using September 2026 data. By Josh Methot & Art Leslie. We publish a new update every month.

Calgary’s benchmark price was $566,700 in September 2026, down 0.82 per cent from a year ago, the smallest gap in over a year. There were 1,650 sales and 3.93 months of supply, balanced but tilting toward buyers. Inner-city detached rose 0.72 per cent to $981,300, one of only two parts of the city where detached prices are up.

Source: CREB, as of September 2026.

What are Calgary home prices by property type?

City of Calgary, September 2026. Benchmark prices and year over year change.

Property typeBenchmarkY/YSalesNew listingsInventoryMonths of supply
Detached$739,400-0.95%8961,7262,9683.31
Semi-detached$685,2000.09%1633595993.67
Row$412,400-5.54%2485521,1034.45
Apartment$291,400-8.28%3437171,8165.29
Total residential$566,700-0.82%1,6503,3546,4863.93

How to read months of supply: about three is balanced. Higher favours buyers. Lower favours sellers.

Source: CREB, as of September 2026.


How is the inner city doing, community by community?

Every inner-city community, September 2026 sold data. Segment figures are median sold prices with the number of sales in brackets. DOM is the median days on market. Sold vs Orig. list is the average sold price as a share of the original list price. Active is current listings on the market.

CommunitySoldDetachedSemiTownhomeCondoDOMSold vs orig. listActive
Altadore21$1,950,000 (9)$1,232,000 (7)$675,000 (3)$302,500 (2)2297.1%47
Banff Trail4$835,000 (2)$999,500 (2)––1197.9%29
Bankview12$577,500 (4)$1,132,500 (2)$250,000 (1)$277,000 (5)3694.7%32
Bel-Aire1$2,350,000 (1)–––––4
Beltline55–––$260,000 (55)4891.9%256
Bridgeland/Riverside15$662,500 (3)$932,450 (2)$498,750 (2)$332,750 (8)2894.8%53
Cambrian Heights4$960,000 (3)$895,000 (1)––6095.3%7
Capitol Hill8$833,800 (6)$775,000 (1)$487,000 (1)–2496.3%20
Chinatown3–––$603,000 (3)2296.3%24
Cliff Bungalow5$725,000 (1)–$973,800 (1)$175,000 (3)8988.2%15
Crescent Heights6$1,330,000 (3)$858,000 (1)–$234,500 (2)3792.5%49
Downtown Commercial Core5–––$435,500 (5)11191.3%26
Downtown East Village1–––$395,000 (1)––50
Downtown West End9–––$417,500 (9)7693.9%29
Eau Claire8–––$442,500 (8)5894.4%34
Elbow Park8$2,386,500 (8)–––1097.1%9
Elboya4$2,800,000 (3)––$235,000 (1)698.1%4
Erlton2–––$387,500 (2)––12
Garrison Woods7$735,000 (1)$672,000 (1)$791,750 (2)$288,000 (3)7595.3%10
Greenview3$485,000 (1)–$290,000 (1)$143,000 (1)2088.3%11
Highland Park4$458,750 (2)$719,250 (2)––3894.5%30
Highwood3$673,000 (2)$499,000 (1)––4894.7%14
Hillhurst8$1,905,000 (1)$915,000 (1)$698,900 (1)$286,000 (5)1896.1%23
Hounsfield Heights/Briar Hill3$2,300,000 (1)–$692,500 (1)$480,000 (1)896.8%19
Inglewood10$1,380,000 (3)–$597,500 (2)$349,900 (5)4296.6%33
Killarney/Glengarry17$990,000 (3)$1,205,000 (7)$554,000 (5)$226,750 (2)2997.1%54
Lower Mount Royal3$970,000 (1)––$165,500 (2)1797.7%36
Manchester0––––––1
Mayfair1$1,750,000 (1)–––––2
Meadowlark Park0––––––2
Mission8–––$312,750 (8)3692.9%32
Mount Pleasant15$1,130,000 (8)$823,750 (4)$518,500 (2)$310,000 (1)2797.4%38
Parkdale4$1,616,250 (2)$1,267,500 (2)––2098.9%18
Parkhill1$820,000 (1)–––––7
Point McKay2––$597,000 (1)$390,000 (1)––10
Ramsay3$670,000 (3)–––7288.7%6
Renfrew8$1,535,000 (2)$834,500 (2)$388,000 (2)$302,250 (2)4095.9%35
Richmond6$735,000 (3)$1,030,950 (2)$1,165,000 (1)–1296.8%28
Rideau Park1$2,525,000 (1)–––––4
Rosedale2$1,034,000 (2)–––––7
Rosemont4$1,075,000 (4)–––6093.7%5
Roxboro3$2,650,000 (3)–––4103.0%1
Scarboro0––––––6
Scarboro/Sunalta West1$1,650,000 (1)–––––3
Shaganappi6$878,750 (2)$1,025,000 (1)$680,000 (3)–9492.3%18
South Calgary6–$1,100,000 (3)$810,000 (1)$220,000 (2)5892.4%47
St Andrews Heights2$1,912,500 (2)–––––5
Sunalta1––$550,000 (1)–––25
Sunnyside5–$1,243,000 (1)–$342,500 (4)6991.8%28
Tuxedo Park5$432,888 (1)$815,500 (3)$515,000 (1)–2297.7%35
Upper Mount Royal0––––––11
West Hillhurst9$952,500 (5)$819,500 (2)$570,000 (2)–1696.4%52
Windsor Park7$1,057,500 (5)$660,000 (1)–$210,000 (1)2596.2%35
Winston Heights/Mountview4$1,138,000 (2)–$375,500 (2)–3196.3%24
All inner city333$1,025,000 (106)$942,500 (49)$573,750 (36)$293,000 (142)2995.0%1415

Source: MLS sales data via Pillar 9, September 2026, covering the Centre City zone. These are medians, not benchmark prices. Communities with fewer than three sales show counts and medians only, because a handful of sales tells you direction, not decimals.


Our read on September.

If you own a home in Calgary, it is worth about what it was worth a year ago. That is the plain answer this month. The benchmark was $566,700 in September, 0.82 per cent below last September, and that gap has been closing steadily since January, when it sat at 4.71 per cent (CREB, as of September 2026).

Detached homes did most of the work. Citywide, detached sales were up about 4 per cent on last September while new detached listings fell about 9 per cent, which pulled supply down to 3.31 months. In the inner city, the median detached home sold for $1,025,000 in 22 days, at 96.1 per cent of its original asking price (MLS sales data via Pillar 9, September 2026). Inner-city detached prices are still up on the year, by less than in August: 0.72 per cent, to $981,300. West Calgary is the only other district where detached prices are higher than a year ago (CREB, as of September 2026).

Condos are a different conversation. Inner-city condos took a median of 46 days and sold at about 93 per cent of their original price, and they are still more than half of everything listed here. Citywide, the apartment benchmark is down 8.28 per cent from a year ago.

So if you are weighing a sale of a detached home or a semi this fall, waiting for spring does not buy you much. Buyers are out there and supply is thin. Selling a condo takes patience and a price that respects the 760-odd other condos listed in the inner city. Buying one? You have room to negotiate and time to look.

Keep reading

How Much Are Closing Costs in Alberta? 2026 Breakdown How to Price Your Calgary Home to Sell What It Really Costs to Sell a Home in Calgary A First-Time Home Buyer Guide for Calgary’s Inner City How Much Money Do You Need to Buy a Home in Calgary? Condo Closing Costs in Calgary: What Changes When You Buy Into a Building How to Choose a Realtor in Calgary Is Now a Good Time to Buy in Calgary?

How have prices moved over the last twelve months?

City of Calgary total residential benchmark price, month by month.

Calgary total residential benchmark price by month, October 2025 to September 2026. It fell from $568,000 to a low of $554,400 in January 2026, then recovered to $566,700 by September.

Source: CREB, as printed in each month’s statistics package. CREB revises its index from time to time, so current figures for past months may differ slightly.

The longer view is more useful than any single month. Calgary’s benchmark bottomed at $554,400 in January 2026 and has stayed between $566,700 and $572,500 since May (CREB, as of September 2026).

September came in a little below August’s $569,800. The number we watch more closely is the gap to last year: 4.71 per cent in January, 0.82 per cent now.

Month by month

MonthBenchmark priceY/YSales
Sep 2026$566,700-0.82%1,650
Aug 2026$569,800-1.08%1,660
Jul 2026$569,200-2.05%1,904
Jun 2026$572,500-2.07%2,197
May 2026$570,500-3.03%2,162
Apr 2026$568,800-3.46%2,104
Mar 2026$565,600-4.18%1,881
Feb 2026$560,500-4.40%1,526
Jan 2026$554,400-4.71%1,234
Dec 2025$554,700-4.71%1,126
Nov 2025$559,000-4.64%1,553
Oct 2025$568,000-4.14%1,885

Source: CREB, as of each month shown.


Past updates.

We have published this update every month since June 2026, and we’ve sent a monthly market newsletter to our clients for more than eight years. Previous months stay online exactly as they were written.

September 2026 (current)  August 2026  July 2026

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