Calgary's September 2026 Market in 30 Seconds
How is Calgary's real estate market doing in September 2026? Calgary's market is stable overall but split by property type. Sales reached 1,650 homes, about 4% below September 2025, while the benchmark price held at $566,700, down less than 1% year over year. Detached homes remain balanced, while apartments and townhomes are leaning toward a buyer's market.
September 2026 Calgary Housing Stats at a Glance
Sales held steady with August instead of following the usual September dip, thanks to stronger detached sales. New listings rose month over month, pushing the sales-to-new-listings ratio down to 49%. Inventory and months of supply were essentially unchanged from August.
Detached Homes vs. Condos and Townhomes
Market conditions in Calgary depend heavily on what you're buying or selling.
Detached homes: Balanced market. More new listings in September helped lift detached sales.
Apartments and row homes: Buyer's market. Extra supply, plus competition from rentals and new construction, gives buyers more choice.
Why the split? According to CREB® Chief Economist Ann-Marie Lurie, the past three years of construction focused mainly on apartments and townhomes, while detached building didn't keep pace. Job growth and steady migration are still absorbing some new supply, but not enough to offset all the higher-density units added.
Calgary Home Prices: What Changed
Prices are holding steady once seasonal patterns are factored out. The unadjusted benchmark of $566,700 is just under 1% below last year, and seasonally adjusted prices were relatively flat compared with August.
Detached price softness is concentrated in the North East, East and North districts.
What This Means for You
Buyers: Apartments and townhomes offer the most negotiating room and selection right now. Detached homes are competitive but not frantic.
Sellers: Detached homes in well-located communities are still selling. Condo and townhome sellers should price sharply and present the home well to stand out.
Calgary Real Estate FAQ – September 2026
What is the benchmark home price in Calgary in September 2026? The residential benchmark price was $566,700, down 0.82% from September 2025.
Is Calgary a buyer's or seller's market right now? It depends on property type. Detached homes are balanced, while apartments and row homes are in buyer's market territory.
How many homes sold in Calgary in September 2026? 1,650 homes sold, about 4% fewer than September 2025 and similar to August.
How long are Calgary homes taking to sell? Homes averaged 44 days on market, about 4% longer than a year ago.
Are Calgary home prices dropping? Only slightly overall. The biggest declines are in row homes (about 8%) and apartments (about 6%), while detached prices are down about 1%.
Thinking About Buying or Selling in Calgary?
Every community and property type is moving differently this fall. Contact Josh Nelson and the Hanney Nelson Real Estate Team at Royal LePage Benchmark for a free, no-pressure look at what today's market means for your home or your search.
Call or text: 403-862-2877
Book a free consultation: Schedule a call with Josh
Source: Calgary Real Estate Board (CREB®), September 2026 housing statistics.
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