Calgary Total Residential Home Market Watch Report
The latest numbers paint a clear picture of a city that’s still moving — but with a bit of a wobble depending on what you’re shopping for or selling.
🔍 Active Listings Snapshot
Calgary currently has 6,280 homes for sale, spread across Detached, Condo, Townhouse, and Half Duplex categories.
Detached: 2,849
Condos: 1,858
Townhouses: 997
Half Duplexes: 576
The overall months of supply sits at 3.4, which is still in “balanced market” territory — not a full-on buyer’s or seller’s market, though detached homes are skating closer to 3.0 months, making that segment tighter.
Condos are carrying the heaviest inventory at 4.3 months of supply, meaning buyers have more leverage and choice there. Translation: if you’re looking for an apartment, it’s a good time to negotiate.
💰 Price Ranges That Matter
The $500K–$700K range is where most of the action is for detached homes.
These are the bread-and-butter Calgary family homes — and they’re still moving fast.Below $400K, the condo and townhouse markets dominate. That’s the sweet spot for first-time buyers or investors hunting for cash flow.
Above $1M, the numbers thin out fast — 434 active listings and just 114 sales last month. The luxury market is alive, but not sprinting.
🏡 Sales in the Last 30 Days
In the last 30 days, 1,872 homes sold citywide:
Detached: 955
Condos: 434
Townhouses: 304
Half Duplexes: 179
Detached homes continue to be the market’s workhorse, making up just over half of all sales. That’s been the Calgary story for decades — and it’s not changing soon.
The midrange ($500K–$700K) is still where homes sell fastest, while the sub-$400K condo segment keeps the entry-level side of the market busy.
🧭 The Takeaway
Sellers: If you own a detached home under $700K, it’s still your game — buyers are out there and inventory is thin.
Buyers: Condos and higher-end properties are giving you room to negotiate. Take advantage while rates and selection are still working in your favor.
Investors: Watch the $300K–$400K condo and townhouse segment — rents are up, and prices are still reasonable compared to replacement cost.
📈 Final Thoughts
Calgary’s market keeps doing what Calgary does best — balancing opportunity with reality.
We’re not in boom mode, but we’re far from a bust. The fundamentals remain strong: jobs, migration, and affordability (especially compared to Vancouver and Toronto) keep the demand pipeline full.
Real estate, like golf, is all about timing and position. If you’re thinking about buying, selling, or investing — let’s talk strategy before the next swing.