Calgary Real Estate Market

Calgary Housing Market Report

August 2026 market statistics for Calgary and surrounding communities, including prices, sales, inventory, supply, property types and recent market trends.

August 2026 Residential Benchmark
$569,800
Down 1.08% from August 2025. Calgary's benchmark price remained relatively stable month over month despite slower sales activity.
Market Conditions

3.92 Months of Supply

Calgary remains relatively balanced overall, but conditions differ significantly by property type. Apartments carried 5.68 months of supply while detached homes were at 3.39 months.

Home Sales
1,660
↓ 16.41% Year Over Year
New Listings
3,141
↓ 9.66% Year Over Year
Inventory
6,509
↓ 2.25% Year Over Year
Average Sold Price
$638,440
↑ 4.29% Year Over Year
Median Price
$565,000
Days on Market
41 Days
Sales / New Listings
52.85%
Sale / List Price
97.53%

Calgary Price Trends

August 2025 – August 2026

Benchmark vs. Average vs. Median Price

The benchmark tracks a typical property and is generally less affected by changes in the mix of homes sold than the average price.

Benchmark
Median
Average
$540K $580K $620K $660K $700K August 2026 Benchmark: $569,800 August 2026 Median: $565,000 August 2026 Average: $638,440 Aug 25 Nov Feb May Aug 26

Sales, New Listings & Inventory

Inventory remains elevated compared with sales activity, creating more choice than Calgary experienced during the exceptionally tight markets of recent years.

Sales
New Listings
Inventory
0 1,750 3,500 5,250 7,000 August 2026 Sales: 1,660 August 2026 New Listings: 3,141 August 2026 Inventory: 6,509 Aug 25 Nov Feb May Aug 26

Months of Supply

Calgary moved from roughly 3.35 months of supply in August 2025 to 3.92 months in August 2026.

0 1 2 3 4 5 6 August 2026: 3.92 months of supply Aug 25 Nov Feb May Aug 26
Market Takeaway

Calgary is no longer one single market.

Detached and semi-detached homes remain considerably tighter than apartment condominiums. Apartments carried nearly six months of supply in August and their benchmark price was more than 8% below last year. Semi-detached homes were the only major property category with a higher benchmark price than August 2025. Location matters too: detached prices were higher year over year in the West and City Centre, while the North East posted a considerably larger decline.

Market by Property Type

August 2026
Detached
$744,300
↓ 1.09% Benchmark YoY
Average Price $813,806
Median Price $695,000
Sales 875
New Listings 1,635
Inventory 2,969
Months Supply 3.39
Days on Market 35
Semi-Detached
$690,500
↑ 0.98% Benchmark YoY
Average Price $691,163
Median Price $576,500
Sales 168
New Listings 302
Inventory 555
Months Supply 3.30
Days on Market 40
Row / Townhouse
$415,200
↓ 5.44% Benchmark YoY
Average Price $444,734
Median Price $409,680
Sales 284
New Listings 505
Inventory 1,094
Months Supply 3.85
Days on Market 47
Apartment Condominium
$295,400
↓ 8.18% Benchmark YoY
Average Price $316,248
Median Price $285,000
Sales 333
New Listings 699
Inventory 1,891
Months Supply 5.68
Days on Market 52
1,660 August Sales

Calgary Sales by Property Type

Detached homes represented just over half of Calgary's August resale transactions.

Detached — 875 52.7% of sales
Semi — 168 10.1% of sales
Row — 284 17.1% of sales
Apartment — 333 20.1% of sales

Where Buyers Are Purchasing

August Sales by Price Range

Sales declined across many lower and mid-price ranges, while the combined number of sales above $1 million increased compared with August 2025.

August 2025 August 2026
Under $300K
235 → 231
$300K–$499K
519 → 412
$500K–$699K
676 → 505
$700K–$999K
396 → 330
$1M–$1.299M
100 → 101
$1.3M–$1.499M
16 → 25
$1.5M–$1.999M
30 → 33
$2M+
14 → 23

Detached Prices Across Calgary

Benchmark Price • August 2026
City Centre
$995,700
3.84 months supply
+2.24% YoY
West
$992,500
2.34 months supply
+2.78% YoY
North West
$781,500
2.62 months supply
-1.30% YoY
South
$715,200
2.97 months supply
-1.69% YoY
South East
$703,600
2.99 months supply
-1.70% YoY
North
$647,400
4.10 months supply
-3.89% YoY
North East
$560,500
5.36 months supply
-6.44% YoY
East
$489,500
3.70 months supply
-3.11% YoY

Calgary Region

August 2026

Airdrie

$508,800
↓ 4.5% Benchmark Price YoY
137 Sales
517 Inventory
3.77 Months Supply

Cochrane

$570,200
↓ 2.3% Benchmark Price YoY
94 Sales
321 Inventory
3.41 Months Supply

Okotoks

$608,400
↓ 1.8% Benchmark Price YoY
55 Sales
133 Inventory
2.42 Months Supply

Chestermere

$697,400
↓ 1.6% Benchmark Price YoY
36 Sales
314 Inventory
8.72 Months Supply

What This Means

Market Context

For Buyers

There is considerably more choice than buyers experienced during Calgary's recent seller-dominated market. Apartment buyers in particular may have more negotiating leverage, while desirable detached homes in tighter districts can still attract strong competition. Compare inventory and recent comparable sales at the community level before deciding how aggressively to negotiate.

For Sellers

Pricing matters more in a market with increased selection. Properties that are positioned against current competing inventory rather than past peak prices are more likely to generate activity. Detached conditions vary substantially across Calgary, so neighbourhood-level data is increasingly important when setting a list price.

Detailed Market Data

Expand to View
August 2026 Calgary City Statistics
Metric Aug. 2025 Aug. 2026 Change
Sales 1,986 1,660 -16.41%
Sales Volume $1.216B $1.060B -12.83%
New Listings 3,477 3,141 -9.66%
Inventory 6,659 6,509 -2.25%
Months of Supply 3.35 3.92 +16.94%
Sales / New Listings 57.12% 52.85% -4.27 pts
Sales / List Price 97.83% 97.53% -0.31 pts
Days on Market 38 41 +7.19%
Benchmark Price $576,000 $569,800 -1.08%
Median Price $569,500 $565,000 -0.79%
Average Price $612,165 $638,440 +4.29%
13-Month Calgary Price, Sales & Inventory History
Month Sales New Listings Inventory Benchmark Median Average
Aug. 2025 1,986 3,477 6,659 $576,000 $569,500 $612,165
Sep. 2025 1,716 3,782 6,919 $571,400 $560,500 $615,813
Oct. 2025 1,879 3,232 6,472 $566,200 $577,000 $643,261
Nov. 2025 1,547 2,251 5,587 $559,000 $560,000 $616,045
Dec. 2025 1,123 1,219 3,873 $554,700 $552,000 $605,325
Jan. 2026 1,233 2,785 4,395 $553,400 $556,000 $618,101
Feb. 2026 1,523 2,766 4,829 $559,400 $565,000 $628,353
Mar. 2026 1,877 3,408 5,404 $564,500 $576,000 $641,510
Apr. 2026 2,101 3,828 5,974 $567,700 $585,500 $651,545
May 2026 2,158 4,225 6,755 $569,400 $592,250 $665,719
Jun. 2026 2,195 3,899 6,801 $572,500 $592,500 $669,425
Jul. 2026 1,902 3,323 6,628 $569,200 $570,050 $629,882
Aug. 2026 1,660 3,141 6,509 $569,800 $565,000 $638,440
Want the Numbers for Your Community or Property?

Calgary-wide statistics are useful context, but real estate decisions are made at the neighbourhood, property-type and price-range level. Ask Josh for a more specific market review or home-value discussion.

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Market Data Source: CREB®

Data is based on the CREB® August 2026 City of Calgary Monthly Statistics Package and Regional Monthly Statistics Package. Historical figures may be revised by the source. Market conditions vary by community, property type, price range and individual property characteristics. This information is provided for general informational purposes and is not financial or investment advice.

Josh O'Brien Real Estate REALTOR® • Real Broker • Calgary • Okotoks • Airdrie • Cochrane • Surrounding Areas