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Friday Jan 30, 2026
Overall Calgary Market — Tight, Busy, and Still Unforgiving
Active listings sit at 3,923, with 1,128 homes sold in the last 30 days, putting the overall market at 3.5 months of supply. That’s not a guessing market — that’s a decision market.
Detached homes continue to drive the bus with only 2.6 months of supply, while condos lag at 5.5 months, creating two very different experiences depending on what you’re shopping for. The $400K–$800K range remains the heartbeat of Calgary real estate, accounting for the majority of both listings and sales.
Detached Homes — Still the Market Leader
Detached homes posted 596 sales out of 1,540 active listings, a 39% absorption rate that keeps pressure firmly on buyers. The action is heavily concentrated between $400K and $700K, where absorption rates range from 47% to 75% — numbers that simply don’t allow for hesitation.
Even the $700K–$900K range continues to move at a healthy pace, while luxury above $1M remains selective but far from dead. Sellers who price properly get traction. Buyers who wait for perfection usually get regrets.
Detached remains Calgary’s scarcest asset — and scarcity never goes out of style.
Condo Market — Selection Is High, Urgency Is Not
Condos show 1,338 active listings with 244 sales, resulting in just 18% of listings selling in the past 30 days. That’s a buyer’s market by any definition.
The strongest condo activity sits below $400K, particularly the $200K–$300K range, which continues to act as the market’s workhorse. Above $500K, absorption drops sharply, and pricing discipline becomes non-negotiable.
For buyers, this is where patience and leverage live. For sellers, the message is blunt: if you’re not priced right, you’re invisible.
Townhomes — The Quiet Middle Child That Keeps Delivering
Townhomes recorded 173 sales from 670 active listings, a solid 26% absorption rate — stronger than condos, softer than detached, and exactly where affordability pressure pushes buyers.
The sweet spot remains $300K–$500K, where demand is consistent and resale times stay reasonable. Above $700K, activity thins quickly, reinforcing that townhomes still win on value, not luxury.
Townhomes continue to be Calgary’s pressure valve — offering space without detached pricing and liquidity without condo baggage.
What This Time of Year Means for Buyers, Sellers, and Investors
Buyers: Winter doesn’t kill demand — it filters it. Fewer competitors, fewer emotional sellers, and more room to negotiate if you know the numbers. Guessing is expensive. Data is cheap.
Sellers: You’re not competing with spring optimism — you’re competing with reality. Price it right, present it properly, or prepare to wait. The buyers shopping now are serious, not browsing.
Investors: This is scouting season. The best spring deals are identified in winter by watching absorption, not headlines. Outliers — not averages — make money. Calgary always has them if you’re looking in the right slice of the market.
