Calgary Real Estate Market Report - October 2026
Lesley Birkkjaer • November 4, 2026
As we head into the winter and holiday season, Calgary’s real estate market is starting to slow down, which is typical for this time of year. With the holidays approaching, we generally see fewer buyers and sellers actively participating in the market.
That said, we’re also seeing some shifts beyond the usual seasonal slowdown. Sales have softened, particularly in the apartment condo and row house sectors, while detached homes continue to see more balanced conditions.
Interestingly, we’ve seen a 4% increase in sales of homes priced above $1.5 million. Along with recent interest rate changes, there are some important trends for buyers and sellers to keep in mind.
As always, if you have questions about the market or your real estate plans, I’m just a phone call or message away. I’m always
happy to chat!
October sales slowed to 1,592 units, contributing to a year-to-date decline of nearly 11 percent. While sales have slowed this year, much of the decline was driven by steep pullbacks in resale apartment condominiums and row-style units. Although sales have fallen across all property types, we have seen a pickup in sales of homes that are priced above $1.5 million, which account for less than four percent of all sales activity.
The overall pullback in sales was met with further declines in new listings, causing inventories to trend down in October. In line with typical seasonal behaviour, inventories slowed from September, leaving inventories nearly five percent lower than October 2025 levels. With 6,173 units in inventory and 1,592 sales, the months of supply remained just below four months. The elevated months of supply is mostly due to shifts in the higher-density apartment and row sectors of the market, which both tend to favour the buyer. Meanwhile, detached and semi-detached markets remain relatively balanced.
September brought a small boost in sales and some price movement across certain property types, as buyers and sellers returned to the market after summer.
As we settle into September and get back into our fall routines, the Calgary real estate market is showing some interesting shifts. Buyers have a few more options right now, with detached, semi-detached and row homes taking around three months to sell on average. Interestingly, homes priced over $1 million are seeing an increase in sales, while the market under $1 million has been moving at a somewhat slower pace. Apartments continue to have plenty of inventory, giving buyers more choice and putting some downward pressure on prices. After a quieter summer, it will be interesting to see what the fall market brings as people return from holidays and more buyers and sellers start making their next move. I also have a couple of great properties currently available, a lovely villa in Edgemont and a row house in Cranston that backs onto green space. If you know someone who might be looking for either of these, I’d be happy to provide more information. And as always, if you're thinking about making a move, wondering what your home might be worth, or simply have questions about what’s happening in the Calgary market, I’d love to hear from you!
Calgary’s real estate market continues to show some of the typical seasonal slowdown we see during the summer, but conditions vary depending on the property type and location. Apartment condos are currently seeing more inventory and longer days on market, putting buyers in a stronger position, while the detached market remains more balanced, with some inner-city areas moving more quickly than areas farther out. As we head toward September, we’ll see whether activity starts to pick up as buyers and sellers get back into their regular routines. I also have a few properties on the market and another townhouse coming to Cranston in early September. If you’re thinking about buying, selling, or simply want to know what the current market means for your home, I’m always happy to chat.
The Calgary market continues to vary from one neighbourhood to the next. While some detached homes are still selling quickly, other areas are seeing more inventory and a slower pace. Condos and semi-detached homes continue to offer buyers more choice, making pricing and marketing more important than ever. Understanding what's happening in your specific community is key, whether you're buying, selling, or simply planning your next move. It's been an interesting month in real estate, with very different results depending on the neighbourhood. One listing in New Brighton took a little longer to sell because buyers had plenty of options in the area, while another property sold conditionally in just three days. I also currently have a beautiful condo backing onto the Douglas Fir Trail in Spruce Cliff and a spacious villa in Edgemont on the market, with an exciting new Haysboro listing coming soon. If you're thinking about buying or selling, or simply have questions about today's market, I'd love to help. Reach out anytime to chat.
As we move into summer, Calgary’s spring real estate market has been a mixed bag. Some areas have remained very active, while others have seen homes take a little longer to sell. As always, every neighbourhood and property type is telling its own story, making pricing and strategy more important than ever. I also have a few great opportunities currently available and coming soon. These include a beautifully updated detached home in New Brighton, a condo in Spruce Cliff backing onto the Douglas Fir Trail, and a renovated move-in-ready adult living unit in Country Estates on the Cove. If you know someone who may be looking in any of these areas, I would be happy to share more information. Whether you're thinking about buying, selling or simply have questions about the market, I'm always happy to help . Wishing you a wonderful remainder of June and a fantastic start to summer!
Spring is in full swing, and the Calgary market is seeing more listings and increased activity. What really stands out right now is how much the market varies depending on property type and location. Some detached homes are still selling quickly, while others are seeing price adjustments. Row and townhomes are more balanced, and the apartment sector continues to favour buyers with higher inventory levels and more choice available. In a market like this, pricing strategy matters more than ever. Getting the price right from the start can have a major impact on both your timeline and your final sale price. If you are thinking about selling, or simply want a better understanding of your home’s current value, I’m always happy to help you build the right strategy for today’s market.
Spring is here, and the Calgary market is starting to feel a bit more like “normal” again. In this month’s update, I’m sharing what we’re seeing right now.
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 .
