Balanced Conditions Return, but Apartments Remain Buyer-Focused

Calgary’s real estate market continued its seasonal climb in April, with both sales and inventory increasing compared to March. While this is typical for spring, the overall market is showing signs of greater balance, especially compared to the strong seller conditions seen in recent years.

That said, not all property types are performing the same. Detached homes continue to face limited supply, while apartment-style condos remain firmly in buyer-favouring territory.

April 2026 by the Numbers

• 🏠 2,104 sales (⬇️ 6% year-over-year)

• 📋 3,829 new listings

• 📉 Sales-to-new-listings ratio: 55%

• 📦 Inventory: 5,973 homes (⬆️ ~2% YOY)

• ⏱️ Months of supply: Just under 3 months

• 💰 Benchmark price: $568,800

  • Up month-over-month

  • Down 3% year-over-year

Overall, Calgary is sitting in balanced market conditions, but the story varies depending on the property type.

Detached Homes: Limited Supply Keeps Market Competitive

Detached homes continue to experience tighter supply conditions, especially in more affordable price ranges.

• Just over 2 months of supply

• Ongoing competition for homes under $700,000

• Prices seeing seasonal gains month-over-month

• Slight declines year-over-year

In many areas of the city, detached homes are still performing closer to a seller’s market, particularly for well-priced properties.

Semi-Detached Homes: Stable and Improving

Semi-detached homes are benefiting from spring price momentum and relatively balanced conditions.

• Moderate supply levels

• Month-over-month price gains

• Slight year-over-year declines

This segment remains a strong option for buyers looking for more affordability than detached, without entering the condo market.

Row Homes: Balanced with Rising Choice

Row homes are sitting in a more balanced range, with improving supply levels giving buyers more options.

• Supply levels higher than detached

• Prices improving month-over-month

• Still below last year’s levels

This segment continues to be influenced by competition from new construction, especially in outer communities.

Apartment Condominiums: Oversupply Continues

Apartment-style condos remain the most challenged segment of the Calgary market.

• Over 4 months of supply

• Buyer-favouring conditions

• Prices down nearly 9% year-over-year

Increased inventory — combined with a large number of units under construction — continues to put downward pressure on pricing across most districts.

What This Means for Buyers and Sellers

For Buyers:

• More choice across all property types

• Best opportunities in apartments and some row homes

• Detached homes still require quick action in competitive price ranges

For Sellers:

• Detached homes remain in a strong position with limited supply

• Semi-detached and row homes require strategic pricing

• Apartment sellers must be highly competitive in today’s market

Looking Ahead to the Spring Market

As Calgary moves deeper into the spring market, balanced conditions are becoming the norm. However, expect continued differences between property types:

• Detached homes: steady demand, limited supply

• Apartments: ongoing price pressure

• Overall market: more choice, less urgency than previous years

Understanding your specific property type, price range, and neighbourhood trends will be key to making the right move in 2026.

Work With the Hanney Nelson Real Estate Group

🏡 Buying or selling in Calgary this spring?

At the Hanney Nelson Real Estate Group, we help you navigate shifting market conditions with data-driven strategy, local expertise, and proven marketing systems.

📩 Reach out today for:

• A free home evaluation

• A custom Calgary market report

• Neighbourhood-specific insights

• Access to the latest MLS listings

If you’ve been watching the real estate market in Douglasdale / Douglasglen, you’ve probably noticed things feel a little different this year.

The big question I’m hearing from homeowners is:

“Is it still a good time to sell?”

Let’s break down what’s actually happening in our local market — and what it means for you as a seller.

📊 February 2026 Snapshot – Douglasdale-Glen

Here’s what the most recent numbers show:

• 12 homes sold in February

• 21 new listings

• 38 active listings

• 3.17 months of supply

• Benchmark price: $637,800

• Detached benchmark price: $731,400

• Homes are selling at 98.9% of list price

• Average days on market: 48 days

🏡 What This Means for Sellers

1️⃣ We’re Moving Toward a More Balanced Market

With 3.17 months of supply, Douglasdale-Glen is no longer in the ultra-tight seller’s market we experienced in 2021–2024.

But here’s the key:

• Under 2 months = strong seller’s market

• 2–4 months = balanced

• 4+ months = buyer’s market

At just over 3 months, we’re sitting in a healthy, balanced market.

Well-priced homes are still selling — but strategy matters more than it did a year ago.

2️⃣ Prices Have Adjusted — But They’re Still Strong

The overall benchmark price is sitting at $637,800, down roughly 6–7% year-over-year.

Detached homes are averaging around $731,400, while row homes and apartments are lower and seeing more inventory pressure.

Here’s the bigger picture:

• 2021–2022 saw rapid appreciation

• 2023–2024 stabilized

• 2025–2026 has been a normalization period

Even with recent adjustments, homeowners who purchased before 2020 are still sitting on significant equity gains.

If you’ve owned your home for 5+ years, your position is likely stronger than you think.

3️⃣ Serious Buyers Are Still Active

Despite sales being down 33% year-over-year for February, we’re not seeing a collapse — we’re seeing normalization.

Buyers today are:

• More cautious

• More price-sensitive

• More selective

But they’re still buying — especially in established southeast communities like Douglasdale.

And when homes are:
✔ Properly priced
✔ Professionally marketed
✔ Presented well

They’re moving.

💰 The Opportunity for Move-Up Sellers

This is the part many homeowners overlook.

Yes, prices have softened slightly.

But if you're selling and buying in the same market:

• You may sell for slightly less than peak…

• But you’re also buying your next home at a more favorable price.

For move-up buyers, that spread can actually work in your favour.

📍 Detached Homes: Still the Strongest Segment

Detached inventory remains tighter compared to apartments and row homes.

With a detached benchmark of $731,400, well-maintained family homes in Douglasdale continue to attract:

• Move-up buyers

• Families wanting established schools and parks

• Buyers relocating within Calgary

If your home shows well and is priced correctly, you are still in a competitive position.

🤔 So… Should You Sell Now?

It depends on your goals.

You should consider listing if:

• You need more space

• You’re downsizing

• You want to relocate within Calgary

• You’ve built strong equity and want to leverage it

You may want to wait if:

• You’re hoping for 2022 pricing

• You’re not prepared to price strategically

• You don’t have a clear next move

This is no longer a “name your price” market.

It’s a strategy market.

📈 The Good News

Douglasdale-Glen remains one of Calgary’s most desirable established southeast communities.

The long-term trend still shows strong price growth compared to pre-2021 levels.

And inventory, while higher than peak pandemic years, is not excessive.

🏠 Thinking About Selling in Douglasdale?

If you live in Douglasdale or Douglasglen and are wondering:

• What is my home worth today?

• How long would it take to sell?

• What would I walk away with after fees?

• Should I list now or wait until spring?

Let’s run the numbers specific to your home.

No pressure. Just real data and a clear plan.

📩 Reach out anytime for a custom Douglasdale home value assessment.

—
Josh Nelson
Hanney Nelson Real Estate Group