Calgary Real Estate Market – March 2026 Summary

Here are the latest highlights from the Calgary housing market:

• Average Calgary home price: $560,500

• Detached home benchmark price: $734,300

• Apartment condo benchmark price: $298,600

• Total homes sold: 1,526

• New listings: 2,766

• Inventory: 4,822 homes

• Months of supply: 3.16 months

Overall, Calgary’s housing market is shifting toward more balanced conditions, with detached homes still seeing stronger demand while apartment condos face higher supply.

Calgary Real Estate Market Update – March 2026

Detached Homes Tighten While Condo Supply Grows

Looking for the latest Calgary real estate market insights? The February 2026 data shows a housing market that is gradually moving toward more balanced conditions.

While detached homes remain relatively tight in supply, apartment-style condos are seeing increased inventory due to a large number of new units under construction across the city.

Overall, Calgary currently has 3.16 months of housing supply, indicating a balanced market environment compared to the intense seller’s market conditions seen in previous years. 

Understanding these trends can help buyers and sellers make more informed real estate decisions in Calgary’s evolving housing market.

Calgary Real Estate Market Snapshot

Here are the key highlights from the latest Calgary housing market statistics:

Total Residential Benchmark Price:

$560,500 (down 4.4% year-over-year)

Total Sales:

1,526 homes sold

New Listings:

2,766 properties

Total Inventory:

4,822 homes available

Months of Supply:

3.16 months

The increase in available inventory compared to last year is giving buyers more options while creating more balanced conditions across many housing segments. 

Detached Homes in Calgary Remain Competitive

Detached homes continue to represent one of the strongest segments of Calgary’s housing market.

The benchmark price for detached homes is currently $734,300, reflecting a modest 3.2% year-over-year decrease. 

Despite the slight price adjustment, demand remains strong for many properties, particularly in the $500,000 to $700,000 price range, where many first-time buyers and move-up buyers are active.

However, homes priced above this range are seeing:

• Slightly longer days on market

• More negotiation room for buyers

• More balanced supply and demand

For sellers, proper pricing and strong marketing are becoming increasingly important in today’s market.

Calgary Condo Market Facing Higher Supply

The apartment condominium market is currently experiencing the most noticeable shift in Calgary’s housing market.

The benchmark price for apartments is approximately $298,600, representing a 9.3% year-over-year decrease. 

Several factors are contributing to this trend:

• A large number of apartment units under construction

• New rental developments entering the market

• Slower migration growth compared to the previous few years

As a result, buyers interested in condos may find more options and stronger negotiating opportunities compared to detached homes.

For investors and first-time buyers, this segment could offer attractive entry points into the Calgary real estate market.

Row Homes and Semi-Detached Homes Remain Balanced

Other property types are showing more balanced conditions.

Semi-Detached Homes

Benchmark Price: $682,200

Row Homes

Benchmark Price: $423,600

These types of homes often provide a balance between affordability and space, making them attractive for buyers who want more room than a condo but at a lower price point than a detached home.

Calgary Housing Prices by District

Real estate conditions also vary depending on location across Calgary.

Benchmark prices by district include:

• City Centre – $563,900

• North West – $618,100

• South – $565,200

• South East – $544,600

• North East – $471,200

Neighbourhood-specific trends can vary significantly depending on inventory levels, property type, and price ranges. 

Expert Insight from a Calgary Realtor

From my experience working with buyers and sellers across Calgary, the market today requires more strategy than it did during the peak seller’s market.

“Detached homes in the $500,000 to $700,000 range are still seeing strong demand, while the condo market is giving buyers more options. Pricing strategy has become much more important again compared to the past couple of years when almost everything was selling quickly.”

— Emin Ozkan, Calgary Real Estate Agent

Understanding these market dynamics can help buyers and sellers make better real estate decisions.

What This Means for Calgary Home Buyers

For buyers entering the market, conditions are becoming more balanced compared to the previous few years.

Key takeaways for buyers:

• More inventory means more options

• Detached homes remain competitive in entry-level price ranges

• Condo buyers may find stronger negotiating opportunities

• Sellers are becoming slightly more flexible on pricing

For many buyers, this could represent an opportunity to purchase before demand increases during the spring market.

What This Means for Calgary Home Sellers

For homeowners considering selling their property, the market remains active but more competitive.

Homes that are well-priced and professionally marketed are still selling successfully, while properties that are overpriced may sit longer.

Successful sellers today are focusing on:

• Accurate pricing strategies

• Professional listing presentation

• Strong online marketing exposure

A well-executed strategy can make a significant difference in both the speed of sale and final price achieved.

Frequently Asked Questions About the Calgary Housing Market

Is Calgary currently a buyer’s or seller’s market?

Calgary’s housing market is currently moving toward balanced conditions. Detached homes remain competitive in certain price ranges, while condo buyers have more options due to higher supply.

Are Calgary home prices dropping?

Some property types have experienced modest price adjustments due to increased inventory, but Calgary remains one of Canada’s most stable real estate markets overall.

Is 2026 a good time to buy a home in Calgary?

With more inventory available and less intense competition than previous years, many buyers are finding improved opportunities to enter the market.

What is the average home price in Calgary?

The benchmark price for residential properties in Calgary is approximately $560,500 as of February 2026. 

Thinking About Buying or Selling in Calgary?

Every neighbourhood and price range behaves differently in Calgary’s real estate market.

If you’re thinking about buying, selling, or investing, I’m always happy to provide custom market insights and recent comparable sales specific to your area.

You can reach out anytime for:

• A free home value estimate

• A custom Calgary market report

• Advice on buying or selling strategy

About the Author

Emin Ozkan is a Calgary Realtor with RE/MAX Complete Realty, helping buyers, sellers, and investors navigate the Calgary real estate market. With strong knowledge of Calgary communities and a data-driven approach to pricing and strategy, Emin works closely with clients to help them make confident real estate decisions.

If you’re considering buying, selling, or investing in Calgary real estate, feel free to reach out for personalized guidance.