Every month I pull the latest numbers from CREB® (the Calgary Regional Real Estate Board) so you can see where the Calgary housing market actually is, not just what the headlines say. This page is updated after CREB releases its monthly stats, and the charts below cover January 2018 through September 2026. If you want to know what the numbers mean for your own home or your own purchase, contact me or call 403-604-7650.
Calgary Real Estate Market Snapshot: September 2026
September sales slipped slightly from last year, but listings fell faster than sales, so the market is a little tighter than a year ago. Calgary overall sits between a seller’s market and a balanced market. What you experience depends heavily on the type of home. Single-family homes are the tightest segment, and condos have the most supply.
September 2026 by property type
| Type | Benchmark price | Change vs Sep 2025 | Sales | Active listings | Months of supply |
|---|---|---|---|---|---|
| Single-Family | $739,400 | -1.0% | 896 | 2,968 | 3.3 |
| Semi-Detached | $685,200 | +0.1% | 163 | 599 | 3.7 |
| Row / Townhouse | $412,400 | -5.5% | 248 | 1,103 | 4.4 |
| Condo / Apartment | $291,400 | -8.3% | 343 | 1,816 | 5.3 |
Source: CREB®, City of Calgary. Months of supply is active listings divided by that month’s sales, which is how I compare property types side by side.
Calgary Home Price Trends by Property Type
This chart tracks the CREB benchmark price for each type of home, month by month since January 2018, so you can see more than one market cycle. The benchmark is the price of a typical home in that category, so it is steadier than an average price and is not thrown off by a few very high or very low sales.
Single-family benchmark prices are up about 43% since January 2018, from roughly $519,000 to $739,400. They dipped in the spring of 2020, climbed quickly through 2021 and 2022, and peaked near $768,000 in July 2024. Semi-detached homes are holding up best and set their high in June 2026 at $694,600. Row homes and condos are furthest from their peaks: row homes are down about 11% from their mid-2024 high and condos about 16%, with condo prices down roughly 8% in the last year alone.
A note on the older numbers: CREB periodically revises how its benchmark prices are calculated, most noticeably for semi-detached homes in 2022. To keep the history on one consistent scale, I adjusted the figures before 2024 to match CREB’s current method. The month-to-month movement is CREB’s, but price levels from before 2022 are approximate, especially for semi-detached homes.
Calgary Real Estate Market Absorption: Active Listings vs. Sales
This chart compares the number of homes actively listed on the MLS® against the number that sold in each month. When the solid line (active listings) pulls far away from the dashed line (sales), supply is building and buyers have more negotiating room. When the two lines move closer together, the market is tightening and sellers have the advantage. Attached homes combine semi-detached and row properties. For perspective, single-family listings dropped to just 898 in January 2022, compared with 4,816 in June 2018, which is why 2021 and 2022 felt so competitive.
What This Means for Buyers and Sellers
If you are buying: condos and row homes give you the most choice and the most room to negotiate right now. Single-family homes under 3.5 months of supply still move quickly when they are priced correctly, so be ready to act on a good one.
If you are selling: pricing matters more than the average headline. Homes are taking about 44 days to sell across the city, and sellers who price to the current market, not last spring’s, are still getting deals done. A condo seller faces a very different market than a detached seller, so it helps to look at your own property type and your own community. You can start with a free home evaluation.
Frequently Asked Questions
Is the Calgary real estate market a buyer’s or a seller’s market right now?
Citywide, September 2026 had 3.9 months of supply, which sits between a seller’s market and a balanced one. Single-family homes had about 3.3 months of supply and condos about 5.3, so condo buyers have more leverage than detached buyers.
Are Calgary home prices going up or down?
The total residential benchmark price was $566,700 in September 2026, down 0.8% from a year earlier. Single-family and semi-detached prices are roughly flat year over year, while row homes and condos are lower.
What is a benchmark price?
CREB’s benchmark price is the price of a typical home in a category, based on the features most buyers look for. It is smoother and more reliable for tracking trends than the average or median sale price.
Where do these numbers come from?
All figures come from CREB®’s monthly Calgary statistics packages and represent MLS® sales in the City of Calgary.
Related: Browse Calgary communities or see Calgary homes with legal basement suites.
Data: CREB®, City of Calgary monthly statistics, January 2018 to September 2026. Figures are historical and can be revised by CREB. Nevin Van Nest is a REALTOR® with Century 21 Bamber Realty Ltd.