Calgary Real Estate Market Report - September 2026
The latest real estate market report for Calgary, Alberta. Average prices, listings data, and insights for buyers and sellers.
Calgary's Real Estate Market Faces a Subtle Decline
The Calgary real estate market saw a slight decline in prices with the MLS® HPI composite benchmark price at $569,800, marking a 1.1% decrease year-over-year, according to the Calgary Real Estate Board's August 2026 report. This decline, albeit modest, signals a shift that both buyers and sellers need to navigate strategically.
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Price Breakdown by Property Type
| Property Type | Active Listings |
|---|---|
| Houses | 3,894 |
| Condos | 2,482 |
| Townhouses | 0 |
The inventory remains robust with a total of 6,707 active listings. Houses dominate the market with 3,894 listings, while condos follow with 2,482. Notably, there are no active townhouse listings, indicating a potential gap in the market.
What This Means for Buyers
With 1,660 MLS® sales in August 2026 and 6,707 active listings, buyers have a wide selection to choose from. The year-over-year price decrease of 1.1% gives buyers leverage to negotiate prices. Focus on properties within the median price range or those that have lingered on the market longer, as sellers may be more willing to negotiate. The extensive inventory suggests potential for finding value deals, especially in the house and condo segments.
What This Means for Sellers
Sellers face increased competition with 2,707 new listings in the past 30 days. Pricing aggressively within the MLS® HPI composite benchmark price of $569,800 can attract more buyers in a market seeing a slight decline. Highlight unique features and ensure properties are market-ready to stand out. With a substantial number of listings, strategic pricing and marketing are crucial to avoid prolonged days on the market.
30-Second Takeaway
- The benchmark price is $569,800, down 1.1% from last year.
- 1,660 sales in August 2026 indicate a steady market activity level.
- 6,707 active listings present ample options for buyers.
- Sellers should price competitively and enhance property appeal to attract buyers.
In summary, Calgary's real estate market is experiencing a subtle price decline, presenting opportunities for buyers to negotiate and requiring sellers to adopt strategic pricing and marketing approaches.
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