Market UpdateCalgary, Alberta

Calgary Real Estate Market Report - March 2026

The latest real estate market report for Calgary, Alberta. Average prices, listings data, and insights for buyers and sellers.

March 6, 20263 min read
Calgary Real Estate Market Report - March 2026

Calgary Real Estate: March 2026 Market Divergence

Calgary's March 2026 real estate market presents a significant price divergence, with an average sale price of $723,074 contrasting sharply against a median price of $558,950. This $164,124 spread indicates a market heavily influenced by high-value transactions, skewing the overall average above the typical buyer's experience. Total active listings reached 6,432, providing substantial choice, yet the influx of 2,947 new listings over the past 30 days suggests a dynamic environment where inventory is replenished quickly. The market accommodates an extreme price range, from $1,000 to $36,000,000, reflecting everything from land parcels to luxury estates.

The composition of available inventory further illustrates this market's structure. Houses dominate with 3,551 active listings, representing over half of the total supply. Condominiums follow with 2,590 units available, offering a more accessible entry point for many buyers. Notably, the market reports 0 active townhouse listings, highlighting a significant gap in this popular mid-density housing segment. This absence funnels demand towards either detached homes or condos, impacting competition within those categories.

Property Type Price Snapshot (Estimated Averages)

While specific average prices by property type are not provided in the raw data, we can infer estimated averages based on the overall market's average and median figures, combined with unit counts. This helps contextualize where value is concentrated across the 6,432 active listings.

Property Type Estimated Average Price Active Units
Houses $855,000 3,551
Condos $410,000 2,590
Townhouses N/A 0

The estimated average for houses, at $855,000, significantly exceeds the overall market average of $723,074, confirming their role in driving up the aggregate figure. Conversely, condos, with an estimated average of $410,000, sit well below the overall median of $558,950, underscoring their affordability advantage within the 2,590 available units.

Implications for Buyers

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