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Friday Feb 27, 2026
Overall Calgary Market — Tight Supply, Fast Decisions Required
Inventory sits at 4,305 total active listings with 1,665 sold in the past 30 days. That’s 2.6 months of supply across the board — Detached 2.1, Townhomes 2.7, Condos 3.9, Semi-Detached 2.0. In plain English: this is still a seller-leaning market, especially in ground-oriented product. If you’re shopping under $800K in Detached or under $600K in Townhomes, you’re not alone.
The busiest action continues in the $500K–$700K Detached range (363 sales combined) and the $400K–$600K Townhouse range (160 sales combined). Condos are a different story — lots of choice, but selective demand. Buyers are picky. Sellers need to be realistic. This is not a “name your price and wait” market. It’s a “price it properly or chase it down” market.
Detached Homes — The $500K–$800K Conveyor Belt
Detached remains the backbone of Calgary real estate with 1,674 active and 805 sold in the last 30 days — a 48% absorption rate. That’s strong. The $500K–$600K range alone saw 163 sales. The $600K–$700K range? 200 sales. That’s not a slow market. That’s steady, disciplined demand.
Above $1M, things move — just not emotionally. Buyers at $1M–$1.5M absorbed 34% of listings. Over $1.5M came in at 27%. Luxury buyers aren’t disappearing. They’re negotiating. If you're selling Detached, condition and pricing precision matter. If you're buying, hesitation in the mid-market will cost you the house.
Condos — Opportunity for Buyers, Pressure for Sellers
1,483 active. 381 sold. 26% of listings moved in the past 30 days. That’s a buyer-friendlier environment compared to Detached. The $200K–$300K segment is the workhorse with 153 sales. The $300K–$400K range posted 108 sales. That’s where first-time home buyers and real estate investors are fishing.
Above $500K, you need sharp pricing. The absorption rate drops quickly, except for the small-sample $900K–$1M bracket which posted strong percentage movement. Overall, this is a selection-rich market. Buyers have leverage. Sellers need strategy, not optimism.
Townhomes — Calgary’s Affordability Valve
Townhomes posted 777 active and 290 sold — a 37% absorption rate. Not quite Detached strength, but far from soft. The $300K–$500K band continues to carry the segment with 186 sales combined. That’s real momentum.
Above $800K, activity thins out fast. Buyers looking in that range often pivot to Detached if the math works. Townhomes remain the compromise product for buyers wanting space without crossing into Detached pricing. That dynamic isn’t changing anytime soon.
What This Time of Year Means for Home Buyers, Home Sellers, and Real Estate Investors
Late February is when the serious players show up. Spring inventory is building, but demand is already active. Buyers who are pre-approved and decisive will win. Buyers who “want to think about it” will be watching someone else remove conditions.
Sellers: you’re still in a good market — but only if you respect it. The data is clear. Underprice slightly and create competition? You’ll get action. Stretch above the range and hope? You’ll sit.
Investors: this is when you track absorption by price band and property type. The sweet spots are visible every week. Follow the percentages. Ignore the noise. The market always leaves clues.