Calgary Real Estate Market Report - October 2026

Calgary's September 2026 Market Shows Decline in Benchmark Price

Calgary's real estate market experienced a slight decline in September 2026, with the MLS® HPI composite benchmark price decreasing by 0.8% year-over-year to $566,700, as reported by the Calgary Real Estate Board. This marks a significant point for potential buyers and sellers navigating the current market landscape.

Price Breakdown by Property Type

Implications for Buyers

With 6,822 active listings and a substantial influx of 2,949 new listings in the past 30 days, buyers have a wide array of options. The current market offers a favorable opportunity to negotiate, especially with the benchmark price slightly decreasing. Buyers should consider exploring the lower end of the price range, particularly with houses and condos available from $15,000. Additionally, the absence of townhouses in the current listings suggests a focus on detached homes and condos for those entering the market.

Implications for Sellers

Sellers face a competitive environment with a high volume of active listings. The decrease in the benchmark price by 0.8% necessitates strategic pricing to attract buyers. Given the 1,650 MLS® sales in September 2026, sellers should emphasize unique property features and consider minor renovations to enhance appeal. Pricing competitively within the vast price range could facilitate quicker sales, especially in a market with no active townhouse listings.

30-Second Takeaway

• Calgary's benchmark price decreased to $566,700, down 0.8% year-over-year.
• Current inventory includes 6,822 active listings, with 2,949 new additions.
• Buyers benefit from a wide selection and potential for negotiation.
• Sellers must strategically price and market properties due to high competition.