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Friday Jan 16, 2026
Overall Calgary Market — Balanced on Paper, Competitive in Practice
There are 3,727 active listings in Calgary today and 882 homes sold in the past 30 days, putting the city at 4.2 months of supply. That sounds balanced — and technically it is — but don’t confuse “balanced” with “slow.”
The market is doing what it always does this time of year: fewer listings, fewer casual buyers, and a higher percentage of serious players. Detached homes are still moving faster than anything else, while condos and townhomes are absorbing inventory at a more measured pace.
Translation: this is not a market for guessing. It’s a market for knowing which segment you’re actually in — because Calgary is four different markets wearing one trench coat.
Detached Homes — Still Carrying the Market
Detached homes remain the engine that keeps Calgary real estate moving. With 1,454 active listings and 464 sales, the detached segment posted a 32% absorption rate in the past 30 days — strong by any seasonal standard.
The action is concentrated between $400,000 and $700,000, where demand remains relentless. The $400K–$500K range saw an eye-opening 86% of listings sell, and the $500K–$600K range isn’t far behind.
If you’re selling a detached home and priced it like it’s 2023, the market will correct you. If you priced it like it’s January 2026 — clean, realistic, and competitive — buyers are still lining up.
Condo Market — Selection Is High, Motivation Matters
The condo market continues to offer buyers choice, leverage, and time. There are 1,258 active condo listings, with 211 sold in the past 30 days — a 17% absorption rate overall.
The most consistent demand remains under $400,000, particularly in the $100K–$300K ranges, where first-time buyers and investors continue to quietly absorb inventory. Above $500K, activity thins out quickly unless pricing is sharp and the product stands out.
For sellers: condos must be priced, presented, and positioned properly. For buyers: this is where negotiation still exists — but only if you know the numbers.
Townhomes — The Practical Middle Ground
Townhomes keep doing what they’ve been doing for years: quietly outperform expectations. With 650 active listings and 128 sales, the segment sits at a 20% absorption rate, solid for mid-January.
The strongest activity lives between $300,000 and $500,000, where buyers want space without detached pricing. Over $700,000, demand drops off sharply — buyers at that level usually pivot to detached homes instead.
Townhomes remain Calgary’s pressure-release valve — the logical choice when detached prices stretch affordability but condos feel too small.
What This Time of Year Means for Buyers, Sellers, and Investors
January filters out the noise. What’s left are serious buyers, motivated sellers, and investors who plan ahead instead of reacting later.
Buyers:
Less competition doesn’t mean cheap — it means opportunity. The best homes still sell quickly, but you’ll face fewer bidding wars and more rational negotiations.
Sellers:
Your audience is smaller, but sharper. Price it right and you’ll sell. Miss the mark and your listing becomes a February carryover.
Investors:
This is reconnaissance season. The best spring deals are usually identified weeks earlier by watching absorption rates, price bands, and outliers — not headlines.
The numbers are already telling the story. You just need to listen.
