Calgary real estate market update: September 2026
Calgary's benchmark home price was $566,700 in September 2026, down 0.8% from a year earlier, and the city had 3.93 months of supply, which is close to a balanced market. Detached homes held steady while apartments and townhomes softened.
- Calgary's benchmark price was $566,700 in September 2026, down 0.8% from a year earlier.
- Sales slipped 3.9% to 1,650, and new listings fell 11.3%.
- With 3.93 months of supply, the city is close to balanced, but apartments and townhomes are softer than detached homes.
- Detached prices ranged from $476,200 in East Calgary to $993,700 in West Calgary; only the West and City Centre districts were up from a year ago.
- Okotoks held steady at $606,800 with just over two months of supply; Airdrie slipped 3.8% to $505,800.
Calgary prices by property type
| Type | Benchmark price | vs. last year | Sales | Months of supply |
|---|---|---|---|---|
| Detached | $739,400 | −0.9% | 896 | 3.31 |
| Semi-detached | $685,200 | +0.1% | 163 | 3.67 |
| Row / townhouse | $412,400 | −5.5% | 248 | 4.45 |
| Apartment condo | $291,400 | −8.3% | 343 | 5.29 |
| All homes | $566,700 | −0.8% | 1,650 | 3.93 |
Home prices in every part of Calgary
Prices vary a lot across the city. A typical detached home cost about twice as much in West Calgary or the City Centre as in East Calgary, and apartments were down the most in the North East and East districts.
| District | Detached | Semi-detached | Row | Apartment |
|---|---|---|---|---|
| City Centre | $981,300 (+0.7%) | $957,500 (+0.2%) | $566,200 (−4.8%) | $297,900 (−8.1%) |
| North West | $781,400 (−0.7%) | $680,000 (+1.3%) | $434,000 (−2.0%) | $274,900 (−8.0%) |
| North | $640,200 (−3.8%) | $484,100 (−1.6%) | $373,400 (−7.3%) | $298,400 (−9.0%) |
| North East | $556,600 (−6.0%) | $416,500 (−6.0%) | $326,100 (−11.9%) | $249,500 (−13.1%) |
| East | $476,200 (−5.0%) | $368,600 (−5.0%) | $258,300 (−12.5%) | $209,800 (−13.1%) |
| South East | $698,900 (−1.6%) | $506,100 (−1.6%) | $421,300 (−5.5%) | $309,100 (−8.0%) |
| South | $709,400 (−0.8%) | $524,400 (−1.4%) | $369,200 (−5.3%) | $271,900 (−9.2%) |
| West | $993,700 (+2.7%) | $826,000 (+1.5%) | $439,600 (−6.0%) | $321,700 (−6.6%) |
| City of Calgary | $739,400 (−0.9%) | $685,200 (+0.1%) | $412,400 (−5.5%) | $291,400 (−8.3%) |
Is it a buyer's or seller's market in Calgary?
City-wide, it's close to balanced. Calgary had 6,486 homes for sale in September and 3.93 months of supply, meaning today's inventory would take about four months to sell at the current pace. Detached and semi-detached prices are essentially flat, while apartment prices are down 8.3% and row homes 5.5% from a year ago.
Some communities are much tighter than the city average. In Lake Bonavista, only 19 homes were for sale in September, about 1.7 months of supply, and detached prices held at $995,200.
Okotoks and Airdrie
| Area | Benchmark price | Sales | Homes for sale | Months of supply |
|---|---|---|---|---|
| City of Calgary | $566,700 (−0.8%) | 1,650 | 6,486 | 3.93 |
| Okotoks | $606,800 (stable) | 56 | 122 | Just over 2 |
| Airdrie | $505,800 (−3.8%) | 115 | 480 | 4.17 |
Okotoks stayed tighter than Calgary: 56 sales against 122 homes for sale left just over two months of supply, and the benchmark price was stable from a year earlier. Airdrie went the other way, with sales down 12.2% from September 2025 and the benchmark 3.8% lower, at 4.17 months of supply. See our Okotoks and Airdrie guides for more.
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Sources: CREB® City of Calgary Monthly Statistics Package, September 2026 (city, property type and district figures); CREB® Lake Bonavista Monthly Summary Statistics, September 2026; CREB® monthly statistics release, September 2026 (Okotoks and Airdrie); CREB® Regional Monthly Statistics Package, September 2026, as reported by DiscoverAirdrie.com (Airdrie sales change) (data: Pillar 9™). Benchmark prices reflect a typical home, not an average sale.