.jpg)
Friday Jan 2, 2026
Overall Calgary Market — Holiday Hangover, Not a Slowdown
Active listings pulled back sharply over the holidays, landing at 3,493 total listings city-wide. That’s not demand evaporating — that’s sellers choosing turkey dinners over open houses.
Despite the lighter inventory, 1,053 homes still sold in the last 30 days, keeping the market at 3.3 months of supply. Translation: this is still a tight market wearing a seasonal disguise.
The busiest action remains squarely in the $400K–$700K range, where detached homes and townhouses continue to do the heavy lifting. Condos add volume, but price sensitivity is obvious — buyers are picky and disciplined right now. This isn’t a pause. It’s a breath before spring.
Detached Homes — Fewer Listings, Serious Buyers
Detached inventory sits at 1,392 active, with 543 sales in the past 30 days — a 39% absorption rate, which is strong for early January by any historical standard.
The engine of the market is clear:
$400K–$600K is blazing, with over 50% of listings selling
$600K–$800K stays very healthy, even with winter conditions
Above $1M, sales slow but don’t stop — quality still moves
This is what a real seller’s market looks like: fewer listings, fewer showings, but buyers who show up are decisive. If a detached home is priced right, it doesn’t linger — it disappears.
Condo Market — Selection Is Back, Power Is Not
Condos tell a different story. Inventory is still elevated at 1,158 active listings, while 257 sold in the last 30 days — a 22% absorption rate overall. The message is simple:
$100K–$300K does the heavy lifting
$300K–$400K moves steadily but slower
Above $500K, pricing precision matters — a lot
This is where buyers quietly gain leverage. Choice is plentiful, sellers are testing prices, and only the well-positioned units move quickly. Condos are the thinking person’s market right now — data beats emotion every time.
Townhomes — Still the Sweet Spot
Townhouses continue to quietly outperform expectations. With 592 active and 162 sold, absorption sits at a healthy 27% — right between condos and detached homes. The bullseye remains:
$300K–$500K — strong turnover and consistent demand
$200K–$300K — affordable entry, steady sales
Above $700K, enthusiasm fades quickly
Townhomes remain Calgary’s pressure-release valve: space, affordability, and livability without detached pricing. Buyers who miss on detached often land here — and stay.
What This Time of Year Means for Buyers, Sellers & Investors
January separates the serious from the seasonal.
Buyers:
Less competition, fewer listings, and motivated sellers who don’t want to carry homes through winter. If you’re prepared, this is when quiet deals get done.
Sellers:
There are fewer buyers — but they’re real. Price it correctly, show it well, and don’t expect spring emotions in a winter market. Precision wins.
Investors:
This is reconnaissance season. The best spring buys are identified in January by watching absorption, not headlines. The mispriced listings are already showing themselves.
Same city. Same patterns. New calendar.
