Calgary Real Estate Market Report
Executive Summary
The Calgary, Alberta real estate market is currently classified as a balanced market. The MLS® composite benchmark price is $569K, down 2.1% year-over-year.
There are currently 7,003 active listings, representing 3.5 months of inventory. According to Calgary Real Estate Board, there were 1,904 sales and 3,323 new listings in July 2026. Inventory has increased 61.7% compared to last month.
Currently, the average price per square foot is $403.
Board Data vs Our Listings
| Metric | Calgary Real Estate Board | Our Listings |
|---|---|---|
| Benchmark / Median Price | $569K | $560K |
| Average Price | $630K | $705K |
| Active Listings | 6,626 | 7,003 |
Detached properties make up the largest share of the Calgary market at 61% of active listings with an average price of $874K. Condo listings follow at 39% (avg $396K).
Sales Activity & Absorption
Volume
Market Signals
Calgary Real Estate Board reported 1,904 sales this period, 2657 new listings appeared in the past month.
Market Balance
Months of Inventory
Demand moderately exceeds supply — conditions favor sellers.
High absorption relative to inventory — tight market.
With only 3.5 months of inventory, the market is supply-constrained. Buyers should be prepared for competition, and sellers can expect strong interest.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Crescent Heights | 59 | $572K |
| Altadore | 53 | $1.6M |
| Eau Claire | 45 | $892K |
| Mount Pleasant | 43 | $987K |
| Renfrew | 41 | $773K |
| Edgemont | 36 | $851K |
| Richmond | 34 | $910K |
| Windsor Park | 33 | $695K |
| Highland Park | 32 | $657K |
| Sunnyside | 32 | $829K |
| Capitol Hill | 28 | $1.2M |
| Oakridge | 19 | $631K |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Calgary market currently has 7,003 active listings with a median price of $560K and 3.5 months of inventory.
According to Calgary Real Estate Board, the composite benchmark price is $569K (-2.1% year-over-year). There were 1,904 sales recorded, with a sales-to-active listings ratio of 57.3%. This indicates a seller's market where demand outpaces supply.
- Prices rising (2.7% in 30 days)
- Low price reduction rate (0% of listings)
- Low sell-through rate (0%)
- Average price per square foot is $403
Data sourced from CREA DDF® active listings. Metrics computed from listing data updated daily, with benchmark and sales statistics from Calgary Real Estate Board. Prepared by Sue Saw with AI assistance, reviewed by our team.
Monthly Reports Archive
Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.