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Friday Mar 6, 2026
Calgary Housing Market — Balanced Overall, Competitive in Key Segments
Calgary currently has 4,396 homes for sale across all property types, with 1,633 homes sold in the past 30 days, putting the overall market at 2.7 months of supply. That’s still a relatively tight market by historical standards. In simple terms, buyers have more choice than last year, but well-priced homes are still moving quickly.
The real story is how different each property type behaves. Detached homes and townhouses continue to move at a steady pace while condos offer the most selection for buyers. Markets inside markets matter more than ever — the difference between an easy sale and a slow listing often comes down to the price range and property type, not the citywide average.
Detached Homes — Calgary’s Market Engine Keeps Turning
Detached homes remain the backbone of the Calgary market with 1,711 active listings and 808 sales in the past 30 days, representing a strong 47% absorption rate. The sweet spot sits squarely between $500K and $800K, where more than 500 homes sold in the last month alone.
Once detached homes climb above $900K, the pace slows as buyers become more selective. That doesn’t mean homes won’t sell — it simply means pricing and presentation matter more. In the middle price bands where most families shop, the detached market still behaves like a conveyor belt: good listings don’t last long.
Condo Market — Plenty of Choice, but Buyers Call the Shots
The condo market currently shows 1,506 active listings with 357 sales in the last 30 days, translating to roughly 4.2 months of supply. That’s the most buyer-friendly segment of Calgary real estate right now, with plenty of options across most price ranges.
The action is concentrated below $400K, especially in the $200K–$300K range where 143 units sold last month. Once condos move above $500K, demand drops noticeably and sellers need to sharpen their pricing to stay competitive. For buyers looking for value, condos continue to offer the widest selection and the most negotiating room.
Townhomes — Calgary’s Affordability Sweet Spot
Townhouses continue to play the role of Calgary’s affordability bridge between condos and detached homes. With 805 active listings and 288 sales in the past month, the segment sits at a healthy 36% absorption rate.
The strongest activity remains in the $300K–$500K range, where townhomes offer more space than a condo while remaining far more attainable than detached homes. As prices push beyond $700K, the buyer pool shrinks quickly and demand slows. For many Calgary buyers trying to balance price and space, townhomes remain the practical middle ground.
What This Time of Year Means for Home Buyers, Home Sellers, and Real Estate Investors
Early March is when the Calgary real estate market begins its annual ramp-up toward the spring selling season. New listings start to appear each week, buyers return from winter hibernation, and the serious house hunters begin making decisions before competition heats up.
For buyers, this is a strategic window — more inventory is appearing but the full wave of spring competition hasn’t arrived yet. Sellers benefit from strong demand in many price ranges, particularly detached homes under $800K. Investors, meanwhile, should watch the numbers closely: opportunities often appear when a property is priced slightly below its range or sits unnoticed in a segment with slower demand. In Calgary’s market, the best deals rarely announce themselves — the numbers quietly point them out.