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Friday Jan 23, 2026
Overall Calgary Market — Balanced on Paper, Competitive in Reality
Calgary is sitting at 3,855 active listings with 915 sales in the past 30 days, which puts the overall market at 4.2 months of supply. On paper, that looks balanced. On the ground? It depends entirely on property type and price range. Detached homes continue to carry the market, condos are dragging the average higher, and townhomes quietly do what they always do — move faster than most people expect. This is not a “one-market” city. If you’re treating Calgary as a single number, you’re already behind.
Detached Homes — Still the Market Leader
Detached homes remain the engine of Calgary real estate with 1,503 active listings and 494 sold in the last 30 days — a 33% absorption rate and just 3.0 months of supply.
$400K–$700K is where demand is thick and consistent.
Even $700K–$900K continues to move at a healthy pace.
Luxury slows, but it does not stop.
Translation: well-priced detached homes don’t sit around waiting for spring. Buyers know land is finite. Sellers who price close to reality are rewarded. Sellers who don’t… provide entertainment for the rest of us.
Condo Market — Selection Everywhere, Urgency Nowhere (Mostly)
Condos tell a very different story. With 1,311 active listings and 193 sales, the condo market is running at 6.8 months of supply and a 15% absorption rate. Above $500K, the market cools quickly. Buyers have options, patience, and zero urgency. Sellers need sharper pricing, better presentation, or both. Condos aren’t broken — they’re just honest. Price them right and they move. Price them wrong and they age like milk.
Townhomes — The Quiet Overachiever (Again)
Townhomes continue to punch above their weight with 684 active and 139 sold, producing a 20% absorption rate and 4.9 months of supply. Townhomes are the compromise buyers don’t regret — more space than a condo, less cost than detached. Investors should be paying attention here. End-users already are.
What This Time of Year Means for Buyers, Sellers, and Investors
Buyers: Less competition, clearer pricing, and motivated sellers quietly surface. This is when preparation beats emotion. Know your numbers and move decisively when the right property shows up.
Sellers: The buyer pool is smaller, but far more qualified. If your home is priced right, it stands out more now than it will when spring inventory floods the market.
Investors: This is reconnaissance season. The best spring deals are found by people watching absorption rates now, not headlines later. Outliers exist every week — but only if you’re looking at the right slice of the market.
