What is really happening in the Calgary Real Estate Market?
The following graph shows the months of inventory for each housing sector. Looking at a one-year trendline gives you an indication of where things are really heading.
Graph shows the months of inventory for all sectors in the Calgary Real Estate Market
Gord’s commentary for the month (just my opinion).
August Highlights
- Apartment Condo months of inventory decreased through September
- Sales and listing inventory remained flat
- Overall price declined by $3,100 or .54%
Calgary Listing Inventory
Inventory declined over all sectors but only by 23 listings so essentially flat.
Calgary Sales
Sales over all sectors declined by 10 Sales so again essentially flat. I will say however that every month from now till December the trend is for sales to decline so having them remain flat in September is showing a strong sign.
Sales Compared to 2025:
As you can see sales in September of 2026 compared to 2025 Sales are lower by 3.9%. This looks like a bounce back from the 16.4% sales decline reported last month. I believe there is still uncertainty in the world that is holding our sales back somewhat.
| April | May | June | July | August | Sept | |
| 2025 | 2230 | 2559 | 2284 | 2096 | 1986 | 1716 |
| 2026 | 2104 | 2162 | 2197 | 1904 | 1660 | 1650 |
| Change | -126 | -397 | -87 | -192 | -326 | -66 |
| % Change | -9.4 | -18.4% | -3.8% | -9.1% | -16.4% | -3.9% |
Calgary Real Estate Benchmark Sales Prices:
The overall Benchmark price decreased by $3,100 in September. All sectors showed a small decline this month.
Current Months of Inventory (Absorption Rate):
The overall months of Inventory increased by only .01
The Attached Row and Semi-detached sectors both increased while the Detached home and Apartment condo sectors both saw a slight decline in the months of inventory.
My Prediction for what is ahead:
From here to the end of the year, we will see a decrease in the number of listings and a decrease in sales. This is a trend that happens every year as winter approaches. The Market is very likely to remain divided where Detached and Semi-detached homes remaining stable, and Apartment Condos and Townhouses will still struggle in a buyer’s market position.
* All numbers vary by community and price ranges, if you would like stats specifically for your neighbourhood, please contact us.
*Below is a summary of numbers in chart form. All numbers are taken from the Calgary Real Estate Boards monthly Stats package.
Summary of the Calgary Real Estate Board Realtors Stats
