Calgary Market Update · September 2026

Calgary real estate, September 2026.

The month's numbers from CREB®, in plain language. Overall, buyers had more choice than a year ago and prices were close to last year's, but conditions differ a lot by property type.

1,650 sales, down 3.9% from September 2025.
Benchmark price $566,700, down 0.8% from last year.
3.93 months of supply, about the same as August.

Nearby towns: Airdrie · Cochrane · Okotoks · Chestermere

Seenu George

REALTOR® · eXp Realty

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By property type

Four markets, not one.

City of Calgary, September 2026. There were 3,354 new listings, and homes averaged 44 days on market.

Type	Sales	Sales vs. Sept 2025	Months of supply	Benchmark price	Price vs. Sept 2025
Detached	896	+4.4%	3.31	$739,400	−0.9%
Semi-detached	163	+5.2%	3.67	$685,200	+0.1%
Row	248	−18.2%	4.45	$412,400	−5.5%
Apartment	343	−14.3%	5.29	$291,400	−8.3%

Source: CREB®, City of Calgary Monthly Statistics, September 2026. Months of supply is inventory divided by sales: the number of months it would take to sell every listed home at the current pace.

What the numbers say

Property type by property type.

Detached

Sales rose from last year, helped by more new listings. With about three months of supply, CREB® describes detached conditions as relatively balanced, but they vary by area. The North West (2.86 months), South (2.75) and West (2.73) had under three months of supply. The North East had 5.61 months, and its benchmark price fell 6.0% year over year. Benchmark prices were up in the West (+2.7%) and City Centre (+0.7%).

Semi-detached

Prices were flat compared with last year. Year-to-date sales are down 1.9% (1,678 sales), and months of supply rose to 3.67 in September.

Row

Sales fell 18% from last year and months of supply went above four. CREB® points to competition from newly built units. The benchmark price is down 5.5%.

Apartment

Supply remains high at 5.29 months. The benchmark price is down 8.3% from last year, and CREB® notes that seasonally adjusted prices also continued to decline.

CREB®'s Chief Economist, Ann-Marie Lurie, said, "The variation in market conditions between property types is related to where the supply was added."

Surrounding towns

Airdrie, Cochrane, Okotoks and Chestermere.

Airdrie

Year-to-date sales are down 13%. Months of supply rose to four. The benchmark price is $505,800, nearly 4% lower than last year. Airdrie community guide →

Cochrane

Year-to-date sales are up nearly 6%. September had 68 sales and 163 new listings, and months of supply rose to five. Prices are similar to last year. Cochrane community guide →

Okotoks

Okotoks has the tightest market of the four: 56 sales, 122 homes in inventory and just over two months of supply. The benchmark price is $606,800, stable compared with last September. Okotoks community guide →

Chestermere

Months of supply came back below six. The benchmark price is $690,200, similar to last year. Year-to-date prices are 1% lower. Chestermere community guide →

Source: CREB®, Calgary Region Monthly Statistics and news release, September 2026, released October 1, 2026.

What this may mean for you

My read on the numbers.

My opinion, based on the numbers above. Every home and situation is different.

Selling a detached home

In the North West, West or South, inventory is lower than in the rest of the city. Pricing to recent nearby sales still matters, since homes averaged 38 days on market.

Selling a condo or townhome

You are competing with more listings and with new construction. Preparation and realistic pricing may matter more than usual.

Buying an apartment or row home

There are more options than a year ago and more time to compare.

Buying a detached home

It depends on the area. Some districts are more competitive than others.

Calgary real estate, September 2026.

Four markets, not one.

Property type by property type.

Airdrie, Cochrane, Okotoks and Chestermere.

My read on the numbers.

Want to know what your home is worth?

Where these numbers come from.