Real Estate
NEWSLETTER

Peter Kusch

Tel.: 403-990-7990 

 October 2026

DETACHED HOME SALES IMPROVE IN SEPTEMBER

September sales totalled 1,650 units, down 4% year-over-year but steady from August, driven by strong detached-home activity. Rising new listings dropped the sales-to-new-listings ratio to 49%, keeping supply steady at under four months. Conditions vary by property type: detached homes remain balanced, while a construction boom in row and apartment units created buyer market conditions. The unadjusted benchmark price fell 1% year-over-year to $566,700, driven mostly by drops in higher-density sectors.


Detached

September sales reached 896 units, up from August and over 4% year-over-year, supported by more new listings. Market conditions remained relatively balanced overall, with 3.2 months of supply and a 52% sales-to-new-listings ratio. However, trends varied by district: supply ranged from under three months in the West to nearly six in the Northeast, driving the benchmark price down 1% overall.

Semi-Detached

Despite recent sales gains, year-to-date sales fell 2% to 1,678, matching a drop in new listings. However, a September spike in listings lowered the sales-to-new-listings ratio to 45%, boosting inventory to nearly four months of supply. While conditions eased from earlier in 2026, September’s price dip aligns with seasonal trends, leaving the benchmark price at $685,200—flat year-over-year.

Row

September sales eased as new listings rose, dropping the sales-to-new-listings ratio to 45% and pushing supply above four months for the first time this year. Competition from new builds continues to weigh on resale demand and row home prices. The unadjusted benchmark price fell nearly 6% year-over-year to $412,400, led by drops of over 11% in the North East and East, while the North West fell just 2%.

Apartment

Apartment sales improved from August to 343 units, slowing the year-over-year decline to 14%. With 717 new listings, the sales-to-new-listings ratio fell to 48%, keeping inventory stable at just over five months of supply. Excess inventory continues to pressure values: the benchmark price dropped to $291,400, down over 1% from August and 8% lower year-over-year due to both seasonal and non-seasonal factors.



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



Average days on the market in 

September 2026

Average days on the market in 

September 2025


Detached  


3838


Apartment


5552


Semi-detached


4337


Row


5045


Median price (Calgary Metro)



Median price in  

September 2026

Median price in

September 2025

Percentage change


Detached


$686,750

$690,000

-0.5%


Apartment


$288,000

$318,000

-9%

Semi-Detached$585,000


$575,000


-2%


Row



$405,000


$420,000


-3%


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
May 20263.12
June 20263.09
July 20263.48
August 20263.92
September 20263.93


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.