This page tracks the Calgary housing market in one place: the citywide benchmark price, sales, new listings, inventory and months of supply, broken down by property type. The figures come from the Calgary Real Estate Board (CREB®) monthly statistics and are refreshed here as soon as each month’s report is released, so you can check this page instead of hunting through news articles. The monthly updates below add the commentary; this page keeps the numbers.
Calgary market at a glance — September 2026
Detached benchmark $739,400 (−1.0%); apartment benchmark $291,400 (−8.3%). Read the September 2026 market update.
Calgary benchmark prices by property type
Calgary is really four markets moving at different speeds. Detached and semi-detached homes, row (townhouse) homes and apartment condominiums each have their own benchmark price, sales pace and months of supply, and in most months they point in different directions. The table below is the current month’s CREB® data for each segment.
| Property type | Benchmark price | Price YoY | Sales | Sales YoY | Months of supply |
|---|---|---|---|---|---|
| Total residential | $566,700 | −0.8% | 1,650 | −3.9% | 3.93 |
| Detached | $739,400 | −1.0% | 896 | +4.0% | 3.31 |
| Semi-detached | $685,200 | +0.1% | 163 | +5.0% | 3.67 |
| Row | $412,400 | −5.5% | 248 | −18.0% | 4.45 |
| Apartment | $291,400 | −8.3% | 343 | −14.0% | 5.29 |
Source: CREB®, September 2026 monthly statistics.
Calgary benchmark prices by district — September 2026
CREB® divides the city into eight districts, and the spread between them is wider than the citywide headline suggests. In September 2026 a typical detached home in the City Centre or West district benchmarked just under $1 million while the East district sat under $500,000, and detached supply ranged from 2.73 months in the West to 5.61 months in the North East. Apartment condominium benchmarks were down in every district, by between 6.6 and 13.1 per cent year over year.
| District | Detached | Semi-detached | Row | Apartment |
|---|---|---|---|---|
| City Centre | $981,300 (+0.7%) | $957,500 (+0.2%) | $566,200 (−4.8%) | $297,900 (−8.1%) |
| North East | $556,600 (−6.0%) | $416,500 (−6.0%) | $326,100 (−11.9%) | $249,500 (−13.1%) |
| North | $640,200 (−3.8%) | $484,100 (−1.6%) | $373,400 (−7.3%) | $298,400 (−9.0%) |
| North West | $781,400 (−0.7%) | $680,000 (+1.3%) | $434,000 (−2.0%) | $274,900 (−8.0%) |
| West | $993,700 (+2.7%) | $826,000 (+1.5%) | $439,600 (−6.1%) | $321,700 (−6.6%) |
| South | $709,400 (−0.8%) | $524,400 (−1.4%) | $369,200 (−5.3%) | $271,900 (−9.2%) |
| South East | $698,900 (−1.6%) | $506,100 (−1.6%) | $421,300 (−5.5%) | $309,100 (−8.0%) |
| East | $476,200 (−5.0%) | $368,600 (−5.0%) | $258,300 (−12.5%) | $209,800 (−13.1%) |
| City of Calgary | $739,400 (−1.0%) | $685,200 (+0.1%) | $412,400 (−5.5%) | $291,400 (−8.3%) |
| District | Detached | Semi-detached | Row | Apartment |
|---|---|---|---|---|
| City Centre | 3.50 (106) | 3.48 (48) | 4.58 (36) | 5.77 (142) |
| North East | 5.61 (88) | 7.89 (9) | 6.00 (24) | 15.38 (8) |
| North | 3.19 (138) | 4.47 (17) | 3.56 (50) | 4.68 (31) |
| North West | 2.86 (123) | 3.13 (16) | 6.56 (18) | 5.00 (30) |
| West | 2.73 (85) | 5.18 (11) | 5.36 (22) | 3.89 (38) |
| South | 2.75 (202) | 2.50 (32) | 3.66 (50) | 4.61 (44) |
| South East | 3.34 (119) | 3.40 (20) | 3.41 (44) | 4.53 (40) |
| East | 3.33 (33) | 3.13 (8) | 13.67 (3) | 4.30 (10) |
| City of Calgary | 3.31 (896) | 3.67 (163) | 4.45 (248) | 5.29 (343) |
Source: CREB® City of Calgary Monthly Statistics Package, September 2026, district tables. Cells built on a handful of sales — East row had three in September — swing widely from month to month, so read them as a rough marker rather than a trend. Which district a community falls in: Altadore, Marda Loop, Killarney, Mission, the Beltline, Elbow Park, Mount Royal and Britannia are City Centre; Aspen Woods, Springbank Hill, West Springs and Lakeview are West; Saddle Ridge, Skyview Ranch, Cornerstone, Redstone, Taradale and Martindale are North East.
Comparing with Ontario? Moving from Toronto to Calgary sets these prices against Toronto’s. Selling? The cost-of-selling calculator shows what you would net.
Sales by price range — how big the upper end is
The million-dollar market is a growing share of Calgary sales even as total volume cools. In September 2026, 176 homes sold at $1 million or more — 10.7 per cent of all sales, against 9.1 per cent a year earlier — and sales at $2 million and above rose to 31 from 15. Year to date, $2 million-plus sales are up 38 per cent.
| Price range | Sep 2025 | Sep 2026 | 2025 YTD | 2026 YTD |
|---|---|---|---|---|
| Under $500,000 | 684 | 629 | 6,941 | 6,104 |
| $500,000–$749,999 | 627 | 609 | 6,710 | 5,949 |
| $750,000–$999,999 | 249 | 236 | 2,894 | 2,510 |
| $1,000,000–$1,499,999 | 116 | 112 | 1,182 | 1,165 |
| $1,500,000–$1,999,999 | 25 | 33 | 295 | 326 |
| $2,000,000 and up | 15 | 31 | 172 | 237 |
| All sales | 1,716 | 1,650 | 18,194 | 16,291 |
| Share at $1,000,000 or more | 9.1% | 10.7% | 9.1% | 10.6% |
Source: CREB® City of Calgary Monthly Statistics Package, September 2026, sales by price range (all property types). Detached homes account for most of the top end: 148 of September’s 176 million-dollar sales were detached, 23 semi-detached, two row and three apartments. The Calgary luxury homes page covers where those sales happen.
How to read these numbers
Benchmark price
The benchmark price is the MLS® Home Price Index value for a “typical” home in a segment, not the average or the median of what sold that month. It strips out the effect of a few very expensive or very cheap sales, which is why it is the number CREB® and most economists use to describe price direction. When you see “year over year” beside it, that is the change against the same month one year earlier.
Months of supply
Months of supply is inventory divided by the month’s sales: how long it would take to sell everything currently listed at the current pace. A common rule of thumb in Calgary is that under about two months favours sellers, two to four months is roughly balanced, and more than four months favours buyers. It is the single most useful number for judging negotiating room, and it is why an apartment condo and a detached home in the same community can call for completely different offer strategies.
Sales and new listings
Sales measure demand; new listings measure fresh supply. When new listings fall faster than sales, inventory tightens and prices firm up even in a slower year. When new listings outpace sales for several months, inventory builds and buyers gain time and leverage. Watching the two together tells you more than either one alone.
Monthly market updates
Each update walks through what changed that month for detached homes, townhomes and condos, and what it means if you are buying or selling now. New editions are added when CREB® publishes, usually in the first week of the month.
- Calgary housing market update — September 2026
- Calgary housing market update — August 2026
- Calgary real estate market update — July 2026
What the market means for buyers
In a balanced or buyer-leaning segment you can usually keep a financing condition and a home inspection, and you have room to negotiate on price or possession date. In a tight segment you need a pre-approval in hand and a clear walk-away number before you view. Either way, budget for the closing costs Alberta does charge (legal fees, title registration, inspection, appraisal) and the one it does not (there is no provincial land transfer tax). Start with the Calgary buying guide and the Alberta closing cost calculator.
What the market means for sellers
Pricing off the benchmark for your segment, not the citywide headline, is what sells a home in a reasonable time. A detached home in a two-month-supply segment can be priced confidently; an apartment condo in a five-month-supply segment needs sharper pricing and better presentation to stand out. A free home evaluation uses recent sales in your community rather than city averages, and the selling guide covers timing, preparation and costs.
Communities and nearby towns
Citywide figures hide big local differences. The community guides cover the individual areas, and the nearby towns each have their own market: Calgary, Airdrie, Chestermere, Okotoks, Cochrane, Springbank, Canmore and Banff. See all Calgary communities.
Sources and method
All figures are CREB® monthly residential statistics for the City of Calgary, as published in CREB®’s monthly housing statistics release. Benchmark prices are MLS® Home Price Index values. Year-over-year changes compare the same month one year earlier. This page is updated when the new month’s statistics are released; the “as of” month is shown at the top of the figures. The figures are for orientation and planning, not a valuation of any specific property.
Frequently asked questions
How often is this page updated?
Monthly, when CREB® releases the previous month’s statistics, usually within the first week of the month.
Why is the benchmark price different from the average price I see in the news?
Averages swing with the mix of homes that happened to sell that month. The benchmark tracks a typical home in each segment, so it is a steadier guide to where prices are actually heading.
Do these figures cover Airdrie, Cochrane or Okotoks?
No. The figures on this page are for the City of Calgary. The surrounding towns are reported separately by CREB® and are covered in each town’s guide on this site.
Is Calgary a buyer’s or a seller’s market right now?
It depends on the segment. Check the months-of-supply column in the table above: the lower the number, the more the segment favours sellers. Detached homes and apartment condos are often at opposite ends of the range in the same month.
Questions about a specific community or property type? Contact Preet Jandu — 587-435-0029.
Selling? Pricing off your segment starts with a free home evaluation. Shopping the north-east, where supply is highest? See the Saddle Ridge, Skyview Ranch, Cornerstone, Redstone, Taradale and Martindale guides. Buying from out of province? The Alberta tax-savings calculator and the closing-cost calculator cover the money side. The North East Calgary market page goes deeper on the district with the highest supply, and income needed to buy a home in Calgary turns these benchmarks into the household income a lender wants to see. Where the new supply is coming from and how to buy it: buying a new-build home in Calgary.
