Calgary Real Estate Market Report - March 2026: Composite Benchmark Price at $566,200

Calgary (MLS® HPI) — March 2026

In March 2026, Calgary's composite benchmark price reaches $566,200, reflecting a 3.0% decline from March 2025's $583,500. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Calgary real estate market shows signs of stability as the composite benchmark price increases from $562,000 in February 2026 to $566,200 in March 2026. Despite a year-over-year price decrease of 3.0%, the balanced market conditions suggest that supply and demand are currently aligned, providing opportunities for buyers and sellers alike. The absence of total sales and active listings data for March limits a comprehensive analysis; however, the consistent benchmark prices indicate a steady market environment.

Property Type Analysis

When examining property types, the detached homes have a benchmark price of $680,900, while attached/townhouses and apartments are priced at $447,200 and $309,700, respectively. The higher benchmark for detached homes reflects their continued desirability, though specific sales data is not available for this month to gauge performance across these categories.

Regional Highlights

Calgary's real estate market continues to reflect regional trends of stability, with benchmark prices showing minimal fluctuations month-over-month. The balanced market conditions suggest that potential buyers may find opportunities across various property types, while sellers can expect reasonable interest without the pressure of a highly competitive landscape.

For Buyers

Prospective buyers are encouraged to remain vigilant and consider the current balanced market as an opportunity to negotiate favorable terms. With benchmark prices stabilizing, buyers may find value in exploring different property types, particularly in the detached and attached segments.

For Sellers

Sellers should focus on presenting their properties effectively to attract potential buyers in a balanced market. Pricing competitively while highlighting unique features can help in garnering interest, especially as the market shows signs of stability.