Calgary Real Estate Market Update July 2026

Key Takeaways

• June brought 2,197 sales across Calgary, down 3.8% from last year, with 3,899 new listings and 6,799 active listings creating more breathing room than we've seen in a while.

• The benchmark price is $572,500, down 2.1% year-over-year, which tells you the market has cooled from where it was last summer.

• Property type is everything right now. Detached homes are holding steadier, while apartments have the most inventory at 2,076 active listings and a benchmark of $299,000.

• Buyers have more options and less pressure in higher-density segments, but well-priced detached homes in family areas are still moving without sitting around.

• Sellers who price with intention and understand current conditions are doing better than those who are still pricing like it's 2024.

Calgary Market Snapshot

June was better than May for sales, but the bigger story is how inventory is building and how that's changing the game for both buyers and sellers.

CREB's latest numbers show 2,197 sales last month. That's down slightly from 2,284 in June 2025, but up from the slower pace we saw earlier this spring.

New listings came in at 3,899, which is 7.6% lower than last year. Active inventory sits at 6,799 units, down 2.1% year-over-year but still noticeably higher than what we saw during the tighter stretches of 2024 and early 2025.

What that means in real terms is this. Buyers have more to choose from. Sellers are facing more competition. And pricing like you're still in a hot market usually leads to longer days on market and weaker results.

The sales-to-new-listings ratio landed around the mid-50s in June, which is generally considered balanced. Not overheated, not slow. Somewhere in the middle where neither side has all the leverage.

But here's the thing. That balance isn't the same across every property type or every neighborhood. Detached homes are tighter. Apartments have more supply. And that difference shows up in everything from pricing to days on the market.

Calgary Home Prices

The benchmark price for all residential properties in Calgary is $572,500 as of June. That's down 2.1% from $584,600 last year.

The average price in June was around $669,519, while the median came to $592,500. Together, those numbers show a market that's still active across price points, but no longer pushing prices higher the way it was last year.

Month-over-month, prices have been fairly steady since spring. Year-over-year, the modest decline reflects a market that's cooled from the sharper gains we saw in 2023 and early 2024.

Calgary Sales, Listings, and Inventory

June's 2,197 sales came in just under last year's 2,284, but the shift is really in how inventory is stacking up and what that means for your next move.

New listings dropped to 3,899, down from 4,223 a year ago. That might sound like less competition for sellers, but active inventory is still elevated. At 6,799 active listings, there's more choice than buyers had during the peak demand phases.

Here's how June stacks up year-over-year:

Months of supply is another metric I watch closely. It tells you how long it would take to clear current inventory at the current sales pace. A balanced market usually sits around three to four months. Below that favors sellers. Above that gives buyers more room.

Right now, months of supply varies a lot by property type, which is why treating Calgary as one uniform market misses what's actually happening. Detached homes are tighter. Apartments have more supply. And that shows up in pricing, days on market, and how negotiations play out.

Calgary isn't in a buyer's market or a seller's market overall. It's a segmented market where your experience depends heavily on what you're buying or selling and where.

Calgary Market By Property Type

This is where things get interesting. Calgary isn't one market right now. It's four different segments moving at different speeds with different levels of demand and leverage.

If you're making decisions based on city-wide averages, you're missing the part that matters most.

Here's how each segment is performing:

Detached Home Trends

Detached homes are still the segment with the best seller leverage. June saw 1,202 detached sales with 2,987 active listings and a benchmark of $750,500.

Months of supply for detached sits at 2.5 months, which is balanced but on the tighter side. Well-positioned homes in family neighborhoods, newer suburban areas, and places with strong schools continue to move quickly when priced right.

Days on market for detached averages 31 days, which is longer than peak 2024 but still faster than row homes or apartments.

For sellers, this is still a segment where preparation and pricing matter, but you're not facing the same inventory pressure as condos. For buyers, expect competition on the best homes, especially in popular areas.

Semi-Detached Home Trends

Semi-detached homes are landing in the middle. June brought 234 sales with 584 active listings and a benchmark around $694,600.

This segment often appeals to move-up buyers who are priced out of detached but want more space and privacy than a townhome or condo. That steady demand keeps conditions more balanced even when the broader market softens.

Days on market is around 36 days. Pricing is more sensitive than detached, but well-maintained properties in good areas still attract interest without sitting for months.

Row Home Trends

Row homes saw 338 sales in June with 1,152 active listings and a benchmark of $424,100.

Months of supply for row homes is higher than detached but lower than apartments, landing at 3.4 months. That puts the segment in balanced territory where buyers have options but well-priced properties still move.

Days on market is around 41 days. For sellers, that means pricing with intention and making the property stand out through presentation, updates, or location.

For buyers, row homes can be smart if you're comparing total cost against detached or weighing suburban townhomes against inner-city condos with higher fees and less space.

Apartment Condo Trends

Apartments are facing the softest conditions. June brought 423 sales, but active inventory sits at 2,076 units, the highest of any property type.

The benchmark for apartments is $299,000. Days on market has climbed to 49 days, which is noticeably longer and a clear signal that buyers have more negotiating room.

CREB points to rising high-density supply as the main factor weighing on apartment pricing. That includes both resale inventory and new construction completions adding more options at a time when demand hasn't kept pace.

For buyers, this is the segment with the most selection and the least pressure. You can take time to compare buildings, fees, layouts, and locations without facing the competition you'd see in detached or semi-detached.

For sellers, pricing discipline matters most. Overpricing with 2,076 active listings and 49 days on market usually leads to longer market times, price cuts, and weaker negotiating position. The properties selling well are priced right from day one, show well, and offer clear value.

What Calgary Buyers And Sellers Should Know Right Now

Conditions have shifted enough that what worked six months ago may not work today. Here's what matters most right now.

For buyers:

• More inventory means more selection and less pressure, especially in apartments and row homes.

• Detached and well-priced family homes in strong areas can still move quickly, so negotiation room isn't equal everywhere.

• Look at total cost of ownership, not just purchase price. Condo fees, taxes, utilities, and maintenance all factor into what you can afford long-term.

• Days on market and price reductions are useful signals. If a property has been sitting for 50 days with no adjustments, the seller probably isn't aligned with current conditions.

For sellers:

• The market isn't forgiving aspirational pricing anymore. Buyers have alternatives, and overpriced listings sit longer and sell for less after reductions.

• Presentation matters more when buyers have options. Clean, well-staged homes with professional photos and clear value are outperforming comparable properties that feel neglected or poorly marketed.

• Expectations vary by segment. Selling a detached home in a strong family area is different than selling an apartment condo with high fees and limited parking.

Calgary's market is more balanced overall, but balance doesn't mean every property type and every neighborhood is experiencing the same thing. Your strategy needs to match the segment you're in, not the headlines you're reading.

Frequently Asked Questions

What Does A Balanced Market Mean For Calgary Buyers And Sellers?

A balanced market means neither buyers nor sellers have overwhelming leverage. Outcomes depend more on pricing, property type, and how well a home is positioned than on broad market momentum.

Why Is Benchmark Price More Useful Than Average Price?

Benchmark tracks a representative home over time and adjusts for what sold, which makes it more reliable for understanding true price movement. Average price can swing if more luxury or lower-priced homes trade in a given month.

Are Detached Homes And Condos Moving In The Same Direction?

No. Detached homes are firmer with better seller leverage and faster days on market. Apartments have the softest conditions due to higher supply, longer days on market, and more negotiating room for buyers.

Is July 2026 A Good Time To Buy In Calgary?

It's a good time if you want more options, especially in condos and row homes. It's more competitive for turnkey detached homes in desirable family areas where well-priced properties still move quickly.

Should Calgary Sellers Expect The Same Results Across Every Property Type?

No. Pricing, time on market, and negotiating leverage vary significantly by segment and location. What works for a detached home in a strong suburban neighborhood may not apply to an apartment condo in a building with high fees and rising inventory.