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Friday Feb 20, 2026
Overall Calgary Market — Balanced, But Not Boring
Inventory sits at 4,203 active listings with 1,566 sales in the past 30 days. That’s roughly 2.7 months of supply. Not crazy tight. Not loose. Just enough pressure to keep everyone honest.
The action is concentrated. The $500K–$800K range is still the conveyor belt of Calgary real estate, especially for detached homes. Condos dominate the lower price bands under $400K with sheer volume, while townhomes are quietly absorbing in the mid-range.
This is what a transitioning market looks like: price sensitivity is real, overpricing gets punished quickly, and well-positioned listings move without much drama.
Detached Homes — Still the Market Leader
Detached inventory: 1,636 active. Sold last 30 days: 754.
Absorption rate: 46%. Months of supply: 2.2.
The sweet spot remains $500K–$700K, where over 330–360 homes are active in each band and absorption sits between 57% and 60%. That’s healthy demand. Even the $900K–$1M range posted 56% absorption — better than most people expect.
Condo Market — Volume Game, Price Sensitive
Condos show 1,452 active listings and 372 sold in the last 30 days.
Absorption rate: 26%. Months of supply: 3.9.
The workhorse remains $200K–$300K with 153 sales and solid movement. The $100K–$200K range is surprisingly active at 48% absorption — entry-level buyers are clearly alive and well.
But once you climb above $500K, sellers need sharper pencils. Buyers have options and they know it.
Translation: condos require strategy. Price and positioning matter more here than anywhere else in the city.
Townhomes — The Affordability Valve
Townhomes: 754 active, 264 sold
35% absorption, 2.9 months of supply.
The $300K–$500K range continues to carry the segment with 73 and 102 sales respectively in those bands. Above $800K, activity thins out quickly.
Townhomes remain the bridge between condo affordability and detached space. For many buyers, it’s the compromise that doesn’t feel like one.
What This Time of Year Means for Buyers, Sellers, and Investors
Buyers:
This is the calm before the crowd. Inventory is decent, urgency isn’t manic, and you can still negotiate intelligently. The best properties don’t sit long, but you’re not fighting ten offers on everything either.
Sellers:
The serious buyers are already in the market. If you’re priced properly, you’ll know quickly. If you’re not, the market will tell you just as fast. Spring won’t fix bad pricing.
Investors:
This is data season. Watch absorption by price band, not headlines. The opportunity is in mispriced listings within strong absorption ranges. Calgary always gives you clues — you just have to read the right chart.