Real Estate
NEWSLETTER

Peter Kusch

Tel.: 403-990-7990 

 May 2026

BALANCED CONDITIONS EXCEPT FOR THE APARTMENTS

April saw the usual seasonal increase in both sales and inventory, though sales remained six per cent below last year’s levels. Improved supply across most housing segments has created more balanced market conditions, reducing the urgency among buyers. Detached homes continue to see tighter conditions, while the apartment condominium market is favouring buyers. Overall benchmark price of $568,800 edged up from March due to seasonal trends, but remains three per cent below last year, with apartment-style units seeing the largest price declines.


Detached

Detached homes continued to experience relatively tight market conditions in April, with inventory levels remaining below both last year’s levels and long-term trends. Seller-favoured conditions persisted in the North West, West and South districts, supporting monthly price growth, while the North East saw softer conditions and price declines. Overall, the detached benchmark price reached $745,400, with year-over-year declines easing to under three per cent.

Semi-Detached

Semi-detached homes saw balanced conditions overall, supported by improved new listings and steady sales activity. Prices continued to rise on a monthly basis, bringing benchmark values close to last year’s levels at $690,000. Market conditions varied across the city, with stronger price growth in tighter districts such as the City Centre, North West and West, while the North East and East faced higher supply levels and softer pricing.

Row

Row housing activity followed normal seasonal patterns, with sales, listings and inventory all increasing over the previous month. While conditions remained relatively balanced city-wide, higher supply in the North East contributed to the largest price declines, while the West district experienced the smallest adjustments. Inventory levels continued to trend above last year’s levels as sales eased more than new listings. The benchmark price of $422,900 was seven per cent lower than in April 2025.

Apartment

Apartment condominiums remained the most buyer-friendly segment of the market. Although sales activity improved in April, inventory levels continued to rise and remained well above long-term trends, keeping upward pressure on prices. The benchmark price reached $301,400, slightly above March levels, but nearly nine per cent below last year, with the largest declines occurring in the North East, East, North and South East districts.



 The average number of days on the market (Calgary Metro)



Average days on the market in 

April 2026

Average days on the market in 

April 2025


Detached  


3025


Apartment


4736


Semi-detached


3825


Row


3730


Median price (Calgary Metro)



Median price in  

April 2026

Median price in

April 2025

Percentage change


Detached


$709,900

$725,000

-2%


Apartment


$303,500

$327,500

-7%


Semi-detached


$606,250

$620,000

-2%


Row



$439,000


$470,000


-7%


The median price is where half sell for more and half for less.



Months of supply (Calgary Metro)

January 20232.04
February 20231.58
March 20231.33
April 20231.20
May 20231.03
June 20231.10
July 20231.32
August 20231.19
September 20231.38
October 20231.47
November 20231.67
December 20231.34
January 20241.30
February 20241.10
March 20240.95
April 20240.94
May 20241.10
June 20241.38
July 20241.75
August 20242.05
September 20242.53
October 20242.28
November 20242.42
December 20242.26
January 20252.51
February 20252.41
March 20252.39
April 20252.62
May 20252.62
June 20253.04
July 20253.30
August 20253.35
September 20254.02
October 20253.43
November 20253.59
December3.43
January 20263.56
February 20263.16
March 20262.87
April 20262.84


Source: Calgary Real Estate Board
Calgary Metro-within Calgary City Limits

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.