Calgary Real Estate Market Report - March 2026
Lesley Birkkjaer • April 17, 2026
Spring is here, and in this month’s update I’m sharing what we’re seeing in the market right now. Increased inventory in the condo and apartment sector is giving buyers more choice, while detached homes are moving at a more balanced pace compared to the fast-moving market we saw before.
If buying is on your radar, now is a great time to start getting prepared. Keep your credit strong, avoid major purchases, and continue building your down payment. It’s also a good idea to get a pre-approval from your mortgage specialist so you know exactly what you can afford and are ready to act when the right home comes along.
You can get the full update in this month’s video, and as always, if you have any questions or want to talk through your plans,
I’m here to help.
Supply conditions in March varied significantly depending on property type. Inventory levels saw a typical monthly rise, but compared with long-term trends, inventory remained well above the 10-year average for both row and apartment-style units and well below trend for detached homes. This is not a surprise given the pullback in detached housing starts last year despite record-high apartment-style starts.
To read the full stats release on March’s housing market for Calgary and surrounding areas, click here
There were 1,881 sales in March, up from the previous month, but still 13 per cent lower than levels reported last year and below long-term trends for March. The decline in sales is mostly due to pullbacks in apartment-style activity, where increased supply choice and slower migration is spreading demand across a wider range of supply. Meanwhile, detached sales have also slowed compared to long-term trends, likely due to limited supply choice in some city districts.
March is here, and with it comes the start of Calgary’s spring real estate season. February brought a noticeable increase in new listings, particularly in the apartment-style condo market, where thousands of new units came to market. With more options available, that segment is beginning to favour buyers. Detached and semi-detached homes, however, remain closer to balanced conditions, with roughly three months of supply. Well-priced homes in desirable areas are still seeing strong interest. Spring is traditionally one of the busiest times of the year for real estate, so it will be interesting to see how the market unfolds as more buyers and sellers jump in over the coming weeks. One quick reminder for sellers: listing photos matter. For most buyers, the first showing happens online while browsing MLS listings. Clean, well-staged spaces and professional photography can make a significant difference in attracting showings and generating interest.
February is here, and Calgary’s real estate market continues with a more balanced pace. Inventory is growing, days on market now averaging around 90–120 days, with the apartment sector seeing the largest price adjustment. That said, well-priced and well-presented homes are still moving. My recent Brentwood listing sold in less than a week, and my Edgemont listing went conditional in just eight days. Proof that strategy and preparation still matter. On a personal note, I’m incredibly grateful to be ranked in the top 10% of Calgary REALTORS®. Thank you to my amazing clients, friends, and family for your continued trust and referrals. I’m excited to see what spring brings!
January 2026 is officially underway, and it feels good to be back into the rhythm after the holidays. I hope your New Year started off on a positive note, surrounded by family and friends. The market has wasted no time either. January has been busy so far, which is always a welcome way to kick off the year. As we closed out last year, the market continued shifting into a more balanced space, leaning slightly toward buyers. Benchmark prices dipped about 2 percent overall. With slower immigration and more new housing starts, inventory increased, giving buyers more options heading into 2026. Looking ahead, spring will give us a clearer picture of how active the market will be this year. There is already momentum building, including a new listing coming soon in Brentwood, a fantastic location with long-term appeal. If a move is on your radar this year, it is a great time to start planning .
As the year winds down and the holiday season settles in, I wanted to take a moment to reflect on what an incredible year it’s been. It truly flew by, and I’m grateful for every bit of it. To all my clients, thank you for trusting me with your buying and selling needs. Your support means more than you know. To my friends and family, your encouragement and referrals have also been a huge part of this year, and I’m so thankful. 2025 has been full of meaningful conversations, exciting moves, and so many milestones. I’m already looking forward to what 2026 will bring and to helping even more people find the place that feels right for them. Wishing you a Merry Christmas, Happy Holidays, and a warm, joyful start to the new year. See you in 2026!
I hope you had a great October and enjoyed a mild Halloween! In October, inventory levels eased slightly after several months of steady growth. Detached and semi-detached homes saw the biggest change, with a bit less supply and sales holding steady, even as we head into the quieter months. Row homes and apartments still have more availability, which gives buyers a few extra options. On a lighter note, the RE/MAX Bowlarama was a fantastic event this month. It is always great to connect with colleagues and support a good cause outside the office. As we approach the holidays, expect the pace to slow before picking up again in the new year. If you’re curious about what this means for your buying or selling plans, reach out to me . I’d love to chat.
October’s here, and while we’ve had some beautiful fall weather, it looks like snow might be sneaking into the forecast just in time for Halloween! As we head into the final stretch of the year, Calgary’s real estate market continues to shift toward a more balanced pace. Inventory is up about 36% compared to this time last year, with most of that growth coming from apartments and row homes. Detached homes have seen smaller increases, and prices are adjusting accordingly. It’s been a busy season of change, and as always, I’m happy to talk through what this means for your buying or selling plans. Feel free to reach out anytime.
Welcome to September! Summer may be winding down, but the great weather has been a bonus. Looking back at August, the market feels very similar to July. We’re seeing more inventory on the market, which has created a buyer’s market. Prices have dipped about 4% overall, with row houses and apartments seeing the biggest declines, while detached homes in popular areas are holding up a little better. For buyers, this means more choice and opportunity. For sellers, it means homes are taking longer to move, closer to 60 to 90 days or more, and pricing them correctly has never been more important. If you’d like to talk about how this market affects your plans, I’d be happy to chat .
As summer winds down, Calgary’s real estate market continues to shift. Inventory is climbing as a wave of new builds reach completion across the city. The apartment sector has felt the biggest impact, with new complexes rising in nearly every quadrant. At the same time, a number of communities are seeing increased supply of detached homes. With this added inventory, Calgary’s benchmark price has started to ease. Market conditions are returning to more typical, pre-pandemic levels, and properties are taking longer to sell. If you’d like to talk about what these changes mean for your plans, I’d be happy to connect .
Hope your July’s off to a great start, and that you get to enjoy a little Stampede fun along the way! We’re keeping things pretty low-key, but definitely plan to catch a few events. Market-wise, June brought another bump in inventory across all property types, with a few shifts worth noting, especially in the apartment and row house sectors. I’ve pulled together a quick update with what’s going on and what it might mean if you’re thinking about a move. Give it a watch, and reach out if anything sparks a question. I’d love to hear from you.
Can you believe it’s already mid-June? The pace of the market has cooled, May brought a big shift, a 97.5% increase in listings. That means more inventory, more choices for buyers, and a more balanced market overall. That said, the right property can still go fast. I recently listed a beautifully maintained home in Evanston and it sold within a week. When homes show well and are priced right, they continue to draw strong interest. If you’re thinking of selling, I’m happy to offer tips on how to prepare your home and make the process as smooth as possible. Questions about buying or selling? I’m always just a call or message away . Enjoy the rest of your June, and I’ll check in again next month!
