Spring arrived in the towns around Calgary too. CREB®’s May 1, 2026 report shows monthly price gains in all three towns we follow.
Benchmark price: March vs April 2026
Airdrie
Year-to-date sales were down nearly 12%, but still in line with long-term trends. There were 151 sales and 494 homes for sale, just over three months of supply. The benchmark price rose nearly 1% from March to $516,700, still more than 5% below last April.
Cochrane
Year-to-date sales were up over 6%. New listings eased, the sales-to-new-listings ratio rose above 70% and months of supply fell below three. The benchmark price rose over 1% to $569,200, still over 3% below last April. See our Cochrane guide.
Okotoks
Year-to-date sales were 3% below last year. Inventory improved to 149 homes but remained well below long-term trends, at two and a half months of supply. The benchmark price rose over 1% to $627,600, in line with last April. See our Okotoks guide.
How the towns compare with Calgary
Benchmark price in April 2026: towns and the City of Calgary
In April, the City of Calgary’s total benchmark price was $568,800. Airdrie remained the most affordable of the three towns at about $52,000 below Calgary. Cochrane was almost level with the city, only $400 higher. Okotoks was the most expensive at about $58,800 above Calgary.
Year to date: three different paths
After four months, the towns are moving in different directions. Cochrane’s sales were up more than 6% from last year. Okotoks was 3% behind, because better sales in April did not offset earlier declines. Airdrie’s sales were down nearly 12%, although CREB notes they remain in line with long-term trends. In other words, Airdrie is not weak by historical standards; it is coming down from an unusually busy period. For buyers, that means more choice and more time to decide than in the last few springs.
Airdrie: stabilizing after a tough year
In March, Airdrie had 135 sales and 251 new listings, and the benchmark price of $512,800 was similar to February. April brought 151 sales and a price of $516,700. CREB says conditions are not as tight as a year ago but remain relatively balanced, which is supporting modest price gains after last year’s decline. In its March report, CREB also pointed to supply choice in the new-home market and more options in both Airdrie and north Calgary as reasons for recent price adjustments.
Cochrane: from balanced to tight in one month
Cochrane’s first-quarter sales totalled 235, comparable to last year, and in March the sales-to-new-listings ratio struggled to rise above 50%. In April, new listings eased while sales increased, and the ratio jumped above 70%. The benchmark rose from $561,200 in March to $569,200. CREB cautions that conditions can fluctuate from month to month in a smaller market, so one strong month is not yet a trend.
Okotoks: tight supply, steady prices
Okotoks had just over two months of supply in March and two and a half in April as new listings continued to improve. The benchmark rose from $618,100 to $627,600. In March, prices were still more than 1% below a year earlier; by April they were in line with last April.
Practical takeaways
- Airdrie buyers: you have choice in both resale and new homes. Compare total costs, including builder incentives, before you decide.
- Cochrane sellers: April conditions favour you, but prices are still over 3% below last year. Price to current sales, not to the peak.
- Okotoks buyers: with limited inventory, good homes do not stay on the market long. Have your financing ready.
- Comparing towns with Calgary: look at the type of home you want, not just the overall benchmark, and include commuting time and cost.
