Calgary Housing Market Update: Fall 2026
The short answer
Calgary's market is steady this fall, just a bit softer than last year. Sales and prices are slightly down. Detached and semi-detached homes are holding their value, and condos and townhomes are taking most of the hit.
What the numbers say for September 2026
The Calgary Real Estate Board (CREB) reported these figures for the city, compared with September 2025:
Sales: 1,650 homes sold, down 3.8%.
New listings: 3,354, down 11.3%.
Homes for sale: 6,486, down 6.3%.
Benchmark price: $566,700, down 0.8%.
Sales slipped, but fewer people listed too, so the market has stayed fairly balanced.
Which homes are feeling it
CREB's September benchmark prices by home type, compared with a year earlier:
Semi-detached: $685,200, up 0.1%.
Detached: $739,400, down 1%.
Row and townhomes: $412,400, down 5.5%.
Apartment condos: $291,400, down 8.3%.
CREB's chief economist has said a stronger job market and slower (but still positive) migration have kept demand fairly healthy. The catch is that demand hasn't kept up with all the new condos and townhomes being built, and that's where prices have dropped most.
What forecasters expect next
Royal LePage's third-quarter survey put Calgary's overall average home price at $690,400, down 0.5% from a year ago. Single-family homes were close to flat, and condo prices were down 3.8%.
A Royal LePage broker called the condo market oversupplied and the single-family market balanced. She said buyers are cautious because of slower immigration and interprovincial migration, worries about tariffs, and more rentals to choose from. Royal LePage still forecasts a 1.5% year-over-year gain for Calgary by the end of 2026.
What this means if you are selling in Calgary
A detached or semi-detached home in good shape, priced right, should still find a buyer in this market.
Condos and townhomes are a tougher sell right now. Buyers have plenty to pick from, so price, condition and condo fees count for more than they did a couple of years ago.
Before you list, work out how firm your moving date really is and what a few extra months of mortgage, taxes, condo fees and utilities would cost you. If the place needs repairs, factor that in too. Buyers with this much choice often skip homes that need work.
If you'd rather not list
Russ Buys Houses buys homes directly from owners in Calgary, Edmonton and Red Deer. You won't have showings or pay commission, and the buyer typically covers the legal costs at closing.
You'll usually get less than you would on the open market. What you get in exchange is a closing date you pick. A written offer can happen as early as 24 to 48 hours, and you're free to say no.
Call 825-462-1777 to talk it through.
This article is general information and is not legal or financial advice. Market figures are from the sources below and may change as new data comes out.
