Calgary real estate market update: October 2026
Calgary's benchmark home price was $564,200 in October 2026, down 0.4% from a year earlier, and the city had 3.88 months of supply. CREB® described detached and semi-detached homes as relatively balanced, while row homes and apartments tend to favour buyers.
- Calgary's benchmark price was $564,200 in October 2026, down 0.4% from a year earlier.
- Sales fell 15.3% to 1,592, and new listings fell 9.4%.
- Homes for sale fell 4.6% to 6,173, leaving 3.88 months of supply.
- Detached prices ranged from $463,800 in East Calgary to $992,500 in the City Centre; only the City Centre and West districts were up from a year ago.
- Okotoks fell 3.3% to $600,100 with 3.04 months of supply; Airdrie fell 3.9% to $502,500.
Calgary prices by property type
| Type | Benchmark price | vs. last year | Sales | Months of supply |
|---|---|---|---|---|
| Detached | $735,100 | −0.7% | 847 | 3.34 |
| Semi-detached | $685,200 | +0.8% | 184 | 3.16 |
| Row / townhouse | $407,500 | −5.1% | 241 | 4.44 |
| Apartment condo | $288,800 | −7.9% | 320 | 5.28 |
| All homes | $564,200 | −0.4% | 1,592 | 3.88 |
Home prices in every part of Calgary
Prices vary a lot across the city. A typical detached home cost about twice as much in the City Centre or West Calgary as in East Calgary, and apartment prices fell the most in the East and North East districts.
| District | Detached | Semi-detached | Row | Apartment |
|---|---|---|---|---|
| City Centre | $992,500 (+3.3%) | $961,000 (+1.6%) | $554,300 (−7.5%) | $295,000 (−8.0%) |
| North West | $765,500 (−2.5%) | $676,200 (+0.8%) | $418,500 (−3.4%) | $273,900 (−8.9%) |
| North | $635,700 (−3.5%) | $480,700 (−2.0%) | $373,400 (−6.3%) | $297,000 (−7.8%) |
| North East | $548,000 (−6.6%) | $415,100 (−5.4%) | $328,400 (−8.9%) | $246,300 (−11.8%) |
| East | $463,800 (−6.8%) | $361,000 (−7.6%) | $253,700 (−11.5%) | $205,200 (−13.1%) |
| South East | $695,700 (−1.2%) | $503,400 (−0.9%) | $412,900 (−5.6%) | $305,100 (−8.2%) |
| South | $705,700 (−0.6%) | $519,100 (−2.2%) | $367,400 (−4.1%) | $267,200 (−9.2%) |
| West | $988,400 (+3.2%) | $812,600 (−0.2%) | $434,500 (−3.4%) | $321,700 (−4.9%) |
| City of Calgary | $735,100 (−0.7%) | $685,200 (+0.8%) | $407,500 (−5.1%) | $288,800 (−7.9%) |
Is it a buyer's or seller's market in Calgary?
It depends on the type of home. Calgary had 6,173 homes for sale in October and 3.88 months of supply, meaning today's inventory would take about four months to sell at the current pace. CREB® described detached and semi-detached homes as relatively balanced, with supply of 3.34 and 3.16 months. Row homes and apartments had 4.44 and 5.28 months, which CREB® said tend to favour the buyer.
Some communities can be much tighter than the city average. In Lake Bonavista, the latest community report we have is for September, when only 19 homes were for sale, about 1.7 months of supply.
Okotoks and Airdrie
| Area | Benchmark price | Sales | Homes for sale | Months of supply |
|---|---|---|---|---|
| City of Calgary | $564,200 (−0.4%) | 1,592 | 6,173 | 3.88 |
| Okotoks | $600,100 (−3.3%) | 45 | 137 | 3.04 |
| Airdrie | $502,500 (−3.9%) | 113 | 461 | 4.08 |
Okotoks stayed tighter than Calgary: 45 sales against 137 homes for sale left 3.04 months of supply, which CREB® said was the highest level this year, and the benchmark price was 3.3% lower than a year earlier. Airdrie had a little more choice, with sales down 16.9% from October 2025 and the benchmark 3.9% lower, at 4.08 months of supply. See our Okotoks and Airdrie guides for more.
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Sources: CREB® City of Calgary Monthly Statistics Package, October 2026 (city, property type and district figures); CREB® Regional Monthly Statistics Package, October 2026 (Okotoks and Airdrie); CREB® Lake Bonavista Monthly Summary Statistics, September 2026 (data: Pillar 9™). Benchmark prices reflect a typical home, not an average sale.
Previous update: September 2026.