Calgary Real Estate Market Update: October 2026
The latest full-month Calgary housing market data shows a market moving at different speeds. Detached and semi-detached homes remain relatively balanced, while buyers have more choice in apartments and row homes. For both buyers and sellers, the right strategy depends on the property type, price range and neighbourhood.
Calgary market at a glance
In October 2026, Calgary recorded 1,592 home sales and 6,173 properties in inventory. Sales were down nearly 11% year to date compared with the same period last year. Overall inventory was almost 5% lower than October 2025, and the city had just under four months of supply.
The overall benchmark price was $564,200, close to October 2025. A benchmark price estimates the value of a typical home; it is different from the median or average price of the homes that sold that month.
Calgary prices by property type
| Property type | October 2026 benchmark | Year-over-year change |
|---|---|---|
| Detached | $735,100 | About 1% lower |
| Semi-detached | $685,200 | About 1% higher |
| Row homes | $407,500 | More than 5% lower |
| Apartment condos | $288,800 | About 8% lower |
The figures show why one headline about the “Calgary market” can miss what’s happening in a particular segment. Detached and semi-detached prices were more stable, while row homes and apartments faced greater downward pressure.
What Calgary buyers should know
Buyers looking at apartments and row homes may find more selection and room to compare similar properties. Calgary had 4.4 months of supply for row homes and more than five months for apartment condos in October. Detached and semi-detached homes were closer to balanced conditions, at just over three months of supply.
That doesn’t mean every listing is negotiable by the same amount. A well-priced home in a popular location can attract strong interest, while an overpriced or less competitive property may take longer to sell.
What Calgary sellers should know
Pricing should reflect recent comparable sales, current competition and the home’s condition—not just what similar properties sold for at the market’s peak. This is especially important for apartments and row homes, where greater supply has put more pressure on resale prices.
Detached and semi-detached sellers are working in relatively balanced conditions, but buyers still compare value carefully. Accurate pricing, thoughtful presentation and a plan for responding to market feedback can make a meaningful difference.
Neighbourhood matters
Market conditions vary across Calgary. CREB® reported that detached benchmark prices in the City Centre and West districts were above their 2025 levels, while the North East district had seen larger declines. Community-level results can also differ from district averages.
For a useful price estimate, compare homes with similar locations, property types, sizes, condition and features. A citywide benchmark is helpful context, but it can’t determine what one specific home is worth.
Frequently asked questions about the Calgary market
Is Calgary a buyer’s or seller’s market right now?
It depends on the property type. Detached and semi-detached homes were relatively balanced in October 2026. Apartment condos and row homes had more supply and conditions that favoured buyers.
Are Calgary home prices going down?
Not uniformly. In October, the overall benchmark was close to last year’s level. Detached and semi-detached benchmarks were relatively stable, while row and apartment prices were lower year over year.
How do I find out what my Calgary home is worth?
A property-specific estimate should consider recent comparable sales, current listings, condition, location and features. Community or citywide averages can’t replace that analysis.
If you’re buying or selling in Calgary, I can help you understand how the latest market data applies to your property, budget and neighbourhood.
Jordan Lotoski | Empire West YYC
Your Calgary real estate resource
Market figures are for October 2026, the latest full-month data available as of November 10, 2026. Conditions and values can change and vary by property and community.
