Calgary Real Estate Market Report - November 2026

Calgary's Real Estate Market Sees Slight Dip in Benchmark Price

The most striking data from the Calgary Real Estate Board's September 2026 report is the MLS® HPI composite benchmark price, which is $566,700, reflecting a year-over-year decrease of 0.8%. This decline, albeit modest, signals a cooling period in Calgary's real estate market.

Price Breakdown by Property Type

Implications for Buyers

With 6,380 active listings and 2,261 new listings in the past 30 days, buyers have a substantial inventory to choose from. This abundance of options, combined with the slight price decline, suggests a favorable market for buyers looking for competitive deals. Buyers should focus on properties with longer days on market, as sellers might be more willing to negotiate.

Implications for Sellers

Sellers face a competitive environment with 1,650 MLS® sales in September 2026, indicating a relatively balanced market. To stand out, sellers should consider pricing their homes strategically within the $15,000 to $45,000,000 range and ensure their property is in top condition to attract offers. Given the current inventory levels, sellers may need to be flexible on price negotiations to close deals.

30-Second Takeaway

• The benchmark price is $566,700, down 0.8% year-over-year.
• Active listings total 6,380, with 2,261 new listings in the last 30 days.
• Buyers have a wide selection, potentially leading to better negotiation terms.
• Sellers must differentiate their properties and be open to price adjustments.