After more than four decades navigating Calgary’s real estate landscape, I’ve seen the city’s market evolve in fascinating ways—and the latest numbers for late Q3 reflect just how dynamic things remain. Calgary recorded 1,650 sales, down about 4% year-over-year, with the residential benchmark sitting at $566,700 (a modest 1% dip). Despite these broad, stable conditions and nearly four months of inventory, detached homes continue to set themselves apart. There were 896 detached sales—over 4% higher than last year—and the benchmark price eased just 1% to $739,400. Sales-to-new-listings is holding steady at just over 50%, and supply sits a bit above three months.
On the other hand, the higher-density sectors—especially after a three-year construction boom—are feeling the headwinds. Apartment condos posted 343 sales, down around 14% year-over-year, and row-home supply has now topped four months for the first time in 2026. Benchmark pricing for apartment condos dropped over 8%, now at $291,400, while row homes reached $412,400. That’s an important figure for anyone weighing financing options in our city. Seasonally adjusted prices held fairly steady compared to mid-Q3, so a little late-Q3 softness is not unusual—especially when Calgary’s job market and positive net migration are still supporting demand. As always, I’m here learning and sharing these shifts, so you can make informed decisions in a rapidly changing market.
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