Posted on
March 4, 2026
by
Denis Hrstic
What This Means by Property Type
đ Detached Homes â Still Balanced
736 sales / 1,269 new listings
Just under 3 months of supply
Benchmark price: $734,300 (down ~3% year-over-year)
Detached homes remain one of the most stable segments of the Calgary market. Demand continues to absorb most of the new listings coming to market, keeping supply relatively tightâespecially for homes priced under $700,000. While prices remain slightly lower than last year, the market is still considered balanced overall.
đ Semi-Detached â Tightest Segment Right Now
175 sales / 253 new listings
2.4 months of supply
Benchmark price: $682,200 (roughly unchanged from last year)
Semi-detached homes are currently the tightest segment of the market. Strong demand combined with relatively limited inventory is helping push prices slightly higher month-to-month, particularly in the City Centre, North West, and West districts.
đ§ą Townhomes â Moving Toward Balance
270 sales / 491 new listings
Just over 3 months of supply
Benchmark price: $423,600 (down ~5% year-over-year)
Townhomes remain in relatively balanced territory. While inventory increased earlier in the year, stronger sales in February helped bring supply levels down slightly. Prices are still below last yearâs levels, with the North East and East districts seeing the largest declines.
đ˘ Condos â Still the Softest Segment
345 sales / 753 new listings
Over 4 months of supply
Benchmark price: $298,600 (down ~9% year-over-year)
Apartment-style condos continue to face the most pressure. Rising inventory and a surge in apartment construction across Calgary are creating more options for buyers. Supply levels remain elevated, especially in the North East and South East, putting continued downward pressure on prices.
Surrounding Communities
Airdrie: Balanced market, price $512,200 (down ~5% YoY)
Cochrane: Stable conditions, price $553,500 (down ~3%)
Okotoks: Tight inventory, price $612,300 (roughly flat YoY)
Bottom Line
The Calgary housing market continues to split into two different realities depending on property type.
Detached and semi-detached homes remain relatively balanced with limited supply in key price ranges.
Townhomes are stabilizing after inventory increased earlier in the year.
Condos continue to face oversupply as thousands of new apartment units are under construction across the city.
Overall, Calgary currently sits at about three months of supply, meaning the market remains balancedâbut the experience for buyers and sellers can look very different depending on the property type.
If youâre thinking about buying, selling, or just want to know what your home might be worth today, Iâd be happy to walk you through what these numbers mean for your specific neighborhood.
Denis Hrstic