Calgary Real Estate Market Report - February 2026

Calgary's Housing Market: Median Price Diverges from Average

The February 2026 market in Calgary, Alberta, reveals a stark divergence between the average home price of $767,308 and the median price of $554,900. This disparity suggests a significant presence of higher-end properties influencing the average.

Price Breakdown by Property Type

Implications for Buyers

With 4,631 active listings and 2,693 new listings in the last 30 days, buyers have a moderately diverse selection. The wide price range, from $1,000 to $36,000,000, indicates opportunities across budget levels. Buyers should leverage the median price of $554,900 as a realistic benchmark for negotiations, especially given the market's skew towards higher-priced properties.

• Explore properties priced near the median to maximize value.
• Consider condos for affordability, as they represent a significant portion of the market with 1,948 listings.
• Act swiftly on new listings, given the influx of 2,693 properties in the past month.

Implications for Sellers

Sellers benefit from a market where the average price is considerably higher than the median, suggesting potential for premium pricing strategies. With 2,398 houses and 1,948 condos available, competition exists, but the range of active listings provides leverage for well-positioned properties.

• Price competitively near the $767,308 average to attract higher-end buyers.
• Highlight unique property features to stand out among 4,631 active listings.
• Capitalize on the lack of townhouses by marketing houses and condos as versatile alternatives.

30-Second Takeaway

Calgary's real estate market in February 2026 is marked by a significant gap between average and median prices, indicating a skew towards luxury properties. Buyers should focus on median-priced options, while sellers can capitalize on premium pricing opportunities. With a healthy influx of new listings, both parties must act decisively to navigate this dynamic landscape.