Market Report · Calgary · September 2026
Calgary Real Estate Market
September 2026
Sales cool across every segment while prices hold their ground and even gain, with one exception. August data shows apartments now moving in the opposite direction from the rest of the Calgary market.
What is happening in the Calgary market right now?
Calgary’s August 2026 data shows sales down 22% against the five year average while new listings held nearly flat at negative 2%, pushing inventory up 27% and months of supply up 54%. The benchmark price is $571,500, up 1.36% month over month and 4.26% year over year. Detached and attached homes are both posting solid annual gains at 4.18% and 0.40%. Apartments are the clear exception, with sales down 40%, months of supply up 74%, and the benchmark price down 5.37% month over month and 5.09% year over year, the only segment in negative territory on both counts.
01 Overall Market
Sales pull back sharply while the benchmark price gains 4.26% year over year.
August data shows demand cooling faster than new supply is arriving. New listings are 2% below the five year August average, while sales are down 22%, the sharpest pullback of any month this year. Inventory has increased 27%, pushing months of supply up 54%.
The benchmark price is $571,500, up 1.36% month over month and 4.26% year over year. Softer sales activity has not yet dented the overall price trend, though the rise in months of supply is a signal worth watching over the next several reporting cycles.
$571,500
Benchmark price
+4.26%
Year over year
+27%
Inventory change
+54%
Months of supply
02 Detached Homes
The strongest annual price growth in Calgary even as sales fall 15%.
Detached demand is softening but supply is not flooding in behind it. New listings are 3% above the five year August average, while sales are down 15%. Inventory has increased 23%, pushing months of supply up 41%.
The benchmark price is $683,500, up 1.82% month over month and 4.18% year over year, the strongest annual gain of any Calgary segment. Detached continues to hold value even as transaction volume slows.
$683,500
Benchmark price
+4.18%
Year over year
+3%
New listings vs avg
-15%
Sales change
03 Apartments
The only segment moving backward as annual prices fall 5.09%.
Apartment conditions have shifted the most of any Calgary segment. New listings are 15% below the five year August average, while sales have collapsed 40%, the steepest sales decline in the city. Inventory has climbed 23%, pushing months of supply up 74%, also the largest jump of any segment.
The benchmark price is $307,100, down 5.37% month over month and 5.09% year over year, the only Calgary segment negative on both counts. After two years of leading the city on price growth, apartments are now giving some of it back as supply catches up with cooling demand.
$307,100
Benchmark price
-5.09%
Year over year
-15%
New listings vs avg
-40%
Sales change
04 Attached Homes
The largest inventory build in Calgary as months of supply climbs 63%.
The attached segment is absorbing the heaviest supply increase in the city. New listings are 3% above the five year August average, while sales are down 18%. Inventory has surged 40%, the largest increase of any segment, pushing months of supply up 63%.
The benchmark price is $445,200, up 2.17% month over month and 0.40% year over year, essentially flat but still positive. Attached is holding value despite carrying the deepest pool of active competition of any Calgary segment.
$445,200
Benchmark price
+0.40%
Year over year
+3%
New listings vs avg
-18%
Sales change
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Common Questions
Is Calgary currently a buyer’s market or a seller’s market?
Calgary is moving toward buyer-favourable conditions as of August 2026. Inventory is up 27% and months of supply has risen 54%, while sales are down 22%. The overall benchmark price is still up 4.26% year over year, and detached and attached both hold positive annual gains, but apartments have turned negative, a signal the market is normalizing unevenly across segments.
What is the benchmark price in Calgary right now?
The overall benchmark price in Calgary is $571,500 as of August 2026, up 1.36% month over month and 4.26% year over year. By segment: detached homes benchmark at $683,500, apartments at $307,100, and attached homes at $445,200.
Which Calgary property type is under the most pressure right now?
Apartments are the clear outlier, with sales down 40%, months of supply up 74%, and the benchmark price down 5.09% year over year, the only Calgary segment negative on an annual basis. Attached carries the largest inventory build at 40%, though its benchmark price is still positive at 0.40% annually. Detached is the strongest segment on price, up 4.18% year over year despite a 15% drop in sales.
Why are apartment prices falling while detached and attached prices are rising?
Apartment sales are down 40% from the five year August average, the steepest decline of any Calgary segment, while months of supply has climbed 74%. That combination of falling demand and rising supply is pulling the benchmark price down 5.09% year over year. Detached and attached have not seen the same drop-off in sales, which is letting their benchmark prices continue to climb even as overall market volume cools. Apartments led Calgary’s price growth over the past two years and are now the first segment to give some of it back.
Is now a good time to sell in Calgary?
Detached sellers are in the strongest position, with the largest annual price gain in the city despite softer sales volume. Attached sellers are holding value too, though they face the deepest pool of active competition. Apartment sellers face the toughest conditions in Calgary right now, with prices down on both a monthly and annual basis. Pricing to today’s comparables rather than to last year’s numbers matters most in this segment. Your free Bōde Homeowner Dashboard tracks your property’s current value and local comparable activity so you can time the market with real data.
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Bōde Canada is a flat-fee real estate brokerage. Listing your Calgary home costs $949 flat plus GST for full MLS exposure, or 1% capped at $10,000 plus GST if you prefer to pay only when the home sells, both well under a traditional 5% commission. The Homeowner Dashboard that tracks your home’s value against these market numbers is free.
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