Market update
Calgary real estate market update: September 2026
Every month we summarize CREB®’s official numbers for the City of Calgary in plain language, along with what we see in the 15 south Calgary communities we focus on. Here is September 2026.
Updated October 2026 with the Calgary Real Estate Board’s (CREB®) September 2026 statistics. Next update: early November, after CREB® publishes its October numbers.
September at a glance
- Sales1,650−3.85% vs. Sept. 2025
- New listings3,354−11.32% vs. Sept. 2025
- Homes for sale (inventory)6,486−6.26% vs. Sept. 2025
- Months of supply3.934.03 a year ago
- Benchmark price$566,700−0.82% vs. Sept. 2025
- Average days on market4442 a year ago
Source: CREB®, City of Calgary Monthly Statistics Package, September 2026.
| City of Calgary, all residential | Sept. 2025 | Sept. 2026 | Change |
|---|---|---|---|
| Sales | 1,716 | 1,650 | −3.85% |
| New listings | 3,782 | 3,354 | −11.32% |
| Inventory (homes for sale) | 6,919 | 6,486 | −6.26% |
| Months of supply | 4.03 | 3.93 | down slightly |
| Sales-to-new-listings ratio | 45.37% | 49.19% | up |
| Benchmark price | $571,400 | $566,700 | −0.82% |
| Median price | $560,500 | $574,444 | +2.49% |
| Average price | $615,813 | $646,198 | +4.93% |
| Average days on market | 42 | 44 | up 2 days |
| Sale price as % of list price | 97.76% | 97.39% | down slightly |
Source: CREB®, City of Calgary Monthly Statistics Package, September 2026 [1].
So far in 2026 (January to September), 16,291 homes have sold in Calgary, 10.46% fewer than in the same months of 2025 (18,194) [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.
The headline: it depends on the type of home
CREB® reports that September sales held at about the same level as August, which is unusual for the season, thanks to stronger detached sales. Conditions vary a lot by property type. Detached homes remain in balanced territory, while higher supply of apartment and row homes is giving buyers more choice in those segments [2].
CREB®’s Chief Economist, Ann-Marie Lurie, linked this to where new supply was built: “The construction boom over the past three years was mostly driven by gains in higher-density sectors, significantly increasing the supply of apartment and row-style homes” [2].
Benchmark price by property type
City of Calgary, September 2026
Benchmark price vs. September 2025
Change from a year earlier
Sales by property type
City of Calgary, September 2026 (change vs. Sept. 2025)
Months of supply by property type
City of Calgary, September 2026
City, all homes: 3.93
| Sept. 2026, City of Calgary | Benchmark price | vs. Sept. 2025 | Sales | Sales vs. Sept. 2025 | Months of supply |
|---|---|---|---|---|---|
| Detached | $739,400 | −0.95% | 896 | +4.43% | 3.31 |
| Semi-detached | $685,200 | +0.09% | 163 | +5.16% | 3.67 |
| Row (townhouse) | $412,400 | −5.54% | 248 | −18.15% | 4.45 |
| Apartment condo | $291,400 | −8.28% | 343 | −14.25% | 5.29 |
Source: CREB® [1], page 6.
- Detached: sales rose to 896, more than 4% above last year, helped by more new listings. With just over three months of supply, CREB® describes conditions as relatively balanced. The benchmark price was about 1% lower than last year, mostly because of declines in the North East district, while the City Centre and West districts were higher than last year [2].
- Semi-detached: the benchmark price of $685,200 was comparable to a year earlier. More new listings in September pushed months of supply to nearly four, a shift from the tighter conditions seen through most of 2026 [2].
- Row: months of supply rose above four for the first time since the beginning of the year. The benchmark price was down nearly 6% from last year, as new units add competition [2].
- Apartment condos: sales were 14% lower than last year and months of supply stayed just above five. The benchmark price fell to $291,400, more than 8% below last September [2].
South and Southeast Calgary
CREB® groups Calgary communities into eight districts. On CREB®’s 2026 map, the communities we focus on fall into two of them [3]:
- South district: Braeside, Bridlewood, Cedarbrae, Chaparral, Evergreen, Somerset, Sundance, Woodbine and Woodlands (along with many other communities).
- South East district: Auburn Bay, Cranston, Mahogany, McKenzie Lake, McKenzie Towne and Seton (along with others).
(Chaparral and Sundance have SE addresses but sit in CREB®’s South district.)
Benchmark price: South vs. South East
CREB® districts, September 2026
SouthSouth East
Months of supply: South vs. South East
CREB® districts, September 2026
SouthSouth East
| Sept. 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 | $709,400 | −0.82% | 2.75 | $698,900 | −1.55% | 3.34 |
| Semi-detached | $524,400 | −1.37% | 2.50 | $506,100 | −1.58% | 3.40 |
| Row | $369,200 | −5.28% | 3.66 | $421,300 | −5.45% | 3.41 |
| Apartment | $271,900 | −9.22% | 4.61 | $309,100 | −7.95% | 4.53 |
Source: CREB® [1], page 7 (Calgary Districts). In September, CREB® counted 202 detached sales in the South district and 119 in the South East [1].
The South district’s detached and semi-detached segments had less than three months of supply in September, tighter than the city overall. Row and apartment prices were lower than last year in both districts, in line with the citywide trend [1].
In our communities: homes for sale on October 27, 2026
This table is a snapshot of what was listed for sale on our community pages on October 27, 2026. It shows asking prices of active listings across all property types, not sale prices, so it isn’t comparable to CREB®’s benchmark prices.
Homes for sale in our 15 communities
Active listings on October 27, 2026, all property types
| Community | Homes for sale | Median asking price | New in the last 7 days |
|---|---|---|---|
| Auburn Bay | 69 | $435,000 | 10 |
| Braeside | 32 | $435,000 | 3 |
| Bridlewood | 34 | $470,000 | 1 |
| Cedarbrae | 17 | $450,000 | 1 |
| Chaparral | 41 | $682,000 | 4 |
| Cranston | 86 | $549,000 | 9 |
| Evergreen | 71 | $595,000 | 8 |
| Mahogany | 118 | $690,000 | 8 |
| McKenzie Lake | 20 | $595,000 | 4 |
| McKenzie Towne | 69 | $400,000 | 6 |
| Seton | 95 | $420,000 | 9 |
| Somerset | 17 | $570,000 | 1 |
| Sundance | 11 | $760,000 | 1 |
| Woodbine | 20 | $649,000 | 2 |
| Woodlands | 10 | $699,000 | 1 |
| All 15 communities | 710 | n/a | 68 |
Source: bergestate.com community pages, MLS® listing data from the REALTOR.ca DDF® feed, updated October 27, 2026, 9:52 AM MDT [4]. Includes all listed property types (some pages include a few commercial or retail listings). Counts change daily.
A few things stand out:
- The mix drives the median. Seton (40 of its 95 listings were condos or apartments) and McKenzie Towne have lower median asking prices, while Sundance (10 of 11 listings were houses) and McKenzie Lake (18 of 20 houses) are higher.
- Choice varies a lot. Mahogany, Seton and Cranston had the most homes for sale, and Woodlands, Sundance, Cedarbrae and Somerset had fewer than 20 each.
See every community side by side in our Calgary Neighbourhood Guide.
What this means for you
If you’re buying: in segments with more than four months of supply, like row homes and apartment condos citywide, buyers have more homes to compare. For condos and townhomes, comparing complexes means looking at condo fees, the reserve fund study and the bylaws, not just the price. Detached homes in the South district had under three months of supply, so it pays to have your financing and showing plans ready before you start. Our buyer’s guide walks through each step.
If you’re selling: your price needs to match recent comparable sales for your home type and part of the city, since conditions differ so much between detached homes and condos. A free home evaluation gives you that number, and our selling page explains how we market a home.
Want these numbers for your street? Book a call and we’ll pull the recent sales near you.
Source of the city and district statistics: CREB® (Calgary Real Estate Board). CREB® is a registered trademark of Calgary Real Estate Board Co-Operative Limited. Community listing data: REALTOR.ca DDF®, information provided by members of CREA, who are responsible for its accuracy. This update is general market information, not an appraisal or advice on a specific property. Berg Estate Team, eXp Realty · 587-888-2919.
Earlier reports
Our past monthly updates, with CREB®’s figures as they were published at the time. Each month the previous update is added here.
2026
2025
2024
2023
Sources
- CREB®, Monthly Statistics Package, City of Calgary, September 2026 (pages 5–7): https://www.creb.com/Housing_Statistics/documents/09_2026_Calgary_Monthly_Stats_Package.pdf
- CREB®, “Detached home sales improve in September”, news release, Oct. 1, 2026: https://www.creb.com/News/Media_Releases/2026/October/September_2026_Stats/
- CREB®, 2026 City of Calgary Community Map (district boundaries): https://www.creb.com/-/media/Public/CREBcom/Housing_Statistics/CITY_OF_CALGARY_MAP_2026.pdf
- Berg Estate Team community pages, MLS® listing data from the REALTOR.ca DDF® feed, updated Oct. 27, 2026, 9:52 AM MDT: bergestate.com/listings/auburn-bay/