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Market update archive

Calgary real estate market update: March 2026

From our archive of monthly updates: CREB®’s official numbers for the City of Calgary for March 2026, in plain language.

This is our archived report for March 2026. CREB®’s figures are shown as they were published at the time. Newer numbers are available: see the latest Calgary market update.

Calgary Real Estate Board (CREB®) statistics for March 2026, released April 1, 2026.

March at a glance

  • Sales1,881−12.76% vs. March 2025
  • New listings3,409−15.16% vs. March 2025
  • Homes for sale (inventory)5,395+4.70% vs. March 2025
  • Months of supply2.872.39 a year ago
  • Benchmark price$565,600−4.18% vs. March 2025
  • Average days on market3529 a year ago

Source: CREB®, City of Calgary Monthly Statistics Package, March 2026.

City of Calgary, all residential March 2025 March 2026 Change (CREB®)
Sales 2,156 1,881 −12.76%
New listings 4,018 3,409 −15.16%
Inventory (homes for sale) 5,153 5,395 +4.70%
Months of supply 2.39 2.87 +20.00%
Sales-to-new-listings ratio 53.66% 55.18% +1.52 pts
Benchmark price $590,300 $565,600 −4.18%
Median price $584,750 $577,000 −1.33%
Average price $639,578 $641,844 +0.35%
Average days on market 29 35 +21.59%
Sale price as % of list price 99.08% 98.16% −0.92 pts

Source: CREB®, City of Calgary Monthly Statistics Package, March 2026, page 5 [1]. Change is CREB®’s year-over-year change; for the two ratios it is the change in percentage points.

From January to March 2026, 4,640 homes sold in Calgary, 12.83% fewer than in the same months of 2025 (5,323) [1].

What these numbers mean. The benchmark price is CREB®’s price for a “typical” home and is the best number for tracking price trends, because the median and average move with the mix of homes that happen to sell in a month. Months of supply is how long today’s inventory would last at the current pace of sales. A lower number usually means a tighter market for buyers.

What CREB® reported

CREB®’s headline for March 2026: “Trends differ based on property type” (news release, April 1, 2026) [2].

CREB® reported that supply varied widely by property type: inventory stayed well above the 10-year average for row and apartment homes and well below trend for detached homes. March sales rose from February but were 13 per cent lower than a year earlier, mostly because of fewer apartment sales. [2]

By type of home

Benchmark price by property type

City of Calgary, March 2026

Detached$741,300
Semi-detached$686,100
Row$423,900
Apartment$300,300
Source: CREB®, City of Calgary Monthly Statistics Package, March 2026, page 6.

Benchmark price vs. March 2025

Change from a year earlier

Detached−3.30%
Semi-detached−0.85%
Row−6.20%
Apartment−9.27%
Source: CREB®, City of Calgary Monthly Statistics Package, March 2026, page 6.

Sales by property type

City of Calgary, March 2026 (change vs. March 2025)

Detached982−5.03%
Semi-detached193+4.89%
Row322−19.30%
Apartment384−28.76%
Source: CREB®, City of Calgary Monthly Statistics Package, March 2026, page 6.

Months of supply by property type

City of Calgary, March 2026

City, all homes: 2.87

Detached2.22
Semi-detached2.49
Row2.98
Apartment4.62
Source: CREB®, City of Calgary Monthly Statistics Package, March 2026, page 6.
March 2026, City of Calgary Benchmark price vs. March 2025 Sales Sales vs. March 2025 Months of supply
Detached $741,300 −3.30% 982 −5.03% 2.22
Semi-detached $686,100 −0.85% 193 +4.89% 2.49
Row (townhouse) $423,900 −6.20% 322 −19.30% 2.98
Apartment condo $300,300 −9.27% 384 −28.76% 4.62

Source: CREB® [1], page 6.

South and Southeast Calgary

CREB® groups Calgary communities into eight districts. The 15 south Calgary communities we focus on are in two of them, South and South East; see our Calgary Neighbourhood Guide for the full list.

Benchmark price: South vs. South East

CREB® districts, March 2026

SouthSouth East

DetachedSouth: $714,000South East: $696,500
Semi-detachedSouth: $514,300South East: $502,600
RowSouth: $381,100South East: $426,600
ApartmentSouth: $277,400South East: $317,300
Source: CREB®, Monthly Statistics Package, March 2026, page 7 (Calgary Districts).

Months of supply: South vs. South East

CREB® districts, March 2026

SouthSouth East

DetachedSouth: 1.77South East: 1.71
Semi-detachedSouth: 3.04South East: 2.18
RowSouth: 1.98South East: 2.65
ApartmentSouth: 3.89South East: 5.14
Source: CREB®, Monthly Statistics Package, March 2026, page 7 (Calgary Districts).
March 2026 South: benchmark South: vs. last year South: months of supply South East: benchmark South East: vs. last year South East: months of supply
Detached $714,000 −3.36% 1.77 $696,500 −4.80% 1.71
Semi-detached $514,300 −4.17% 3.04 $502,600 −5.22% 2.18
Row $381,100 −5.15% 1.98 $426,600 −8.40% 2.65
Apartment $277,400 −9.38% 3.89 $317,300 −10.75% 5.14

Source: CREB® [1], page 7 (Calgary Districts). In March 2026, CREB® counted 222 detached sales in the South district and 182 in the South East [1].

March over the years

Here is how March compared in Calgary from 2022 to 2026, using CREB®’s March statistics package for each year.

Benchmark price, all residential

City of Calgary, March of each year

2022$537,400
2023$541,800
2024$597,600
2025$592,500
2026$565,600
Source: CREB®, City of Calgary Monthly Statistics Packages for March of each year, page 5 (March 2022 is the year-ago column of the March 2023 package).

Sales, all residential

City of Calgary, March of each year

20224,091
20232,432
20242,664
20252,159
20261,881
Source: CREB®, City of Calgary Monthly Statistics Packages for March of each year, page 5 (March 2022 is the year-ago column of the March 2023 package).

Want today’s numbers? See our latest Calgary market update, or book a call and we’ll pull the recent sales near you.

Source of the city and district statistics: CREB® (Calgary Real Estate Board), City of Calgary Monthly Statistics Package, March 2026. CREB® is a registered trademark of Calgary Real Estate Board Co-Operative Limited. Figures are shown as CREB® published them for March 2026; CREB® may revise past months in later packages. This update is general market information, not an appraisal or advice on a specific property. Berg Estate Team, eXp Realty · 587-888-2919.

Sources

  1. CREB®, Monthly Statistics Package, City of Calgary, March 2026 (pages 5–7): https://www.creb.com/Housing_Statistics/documents/03_2026_Calgary_Monthly_Stats_Package.pdf
  2. CREB®, “Trends differ based on property type”, news release, April 1, 2026: https://www.creb.com/News/Media_Releases/2026/April/March_2026_Stats/