Headlines about falling prices in Calgary are mostly about condos. CREB®’s June report, released July 2, 2026, shows that detached homes in parts of the city have just reached new records.
Calgary detached benchmark price: 2026 vs 2025
Two districts at record highs
Balanced conditions have supported monthly gains in detached prices since January. In June, only the City Centre and West districts had gained enough to reach record-high prices. The West, which has had seller’s market conditions, showed the strongest annual growth at nearly 4%.
The West district includes communities such as Aspen Woods, West Springs and Cougar Ridge. Inner-city areas such as Altadore and South Calgary are part of the City Centre district.
The other end of the city
Buyer’s market conditions in the North East pushed detached prices down nearly 7% from last year. The North East and East both had elevated months of supply and sales-to-new-listings ratios below 50%.
Price ranges
Detached sales of 1,202 were in line with last year. Growth in homes priced over $1,000,000 and under $600,000 offset declines in the middle price ranges, helped by more listings in those same ranges. The citywide detached benchmark price was $750,500.
Our take: if you own a detached home in the West or the inner city, your home may be worth more than ever. Ask us for a current market evaluation before you decide on timing.
The numbers behind the records
Detached benchmark price by district, June 2026
The West district’s detached benchmark reached $1,025,000 in June, 3.7% higher than a year earlier and up 2.0% from May. It had only 230 detached homes for sale against 121 sales, or 1.90 months of supply, and a 70% sales-to-new-listings ratio. The City Centre’s benchmark was $996,800, up 1.1% on last year, with 2.73 months of supply. CREB says these are the only two districts where detached prices reached record highs in June.
Most other districts are close to balanced. The North West ($791,500, 2.07 months), South ($724,100, 2.15 months) and South East ($700,800, 2.16 months) all had tight supply, but prices there were 0.6% to 3.1% lower than last year. The North East ($560,700) and East ($489,400) had 4.13 and 3.63 months of supply.
Why the west and inner city are different
The short answer is supply. CREB has pointed out that most of the new supply added in Calgary over the past few years has been apartments and row homes, while detached homes did not see the same boost. Established west-side and inner-city communities have little room for new detached homes, so demand there meets a nearly fixed number of houses. In the North East, by contrast, supply has grown faster than sales, and CREB notes that competition from the new home market weighs on recently built resale homes.
What it means for owners
- West and inner-city owners: if you have been waiting for a peak to sell, the market may be there. Your price still depends on your street, lot and condition, so ask for a comparable-sales analysis rather than relying on the district average.
- Move-up buyers: trading into the West or City Centre is now more expensive than a year ago, while many other districts are cheaper. Look at the North West and South for similar homes at lower prices.
- North East owners: prices are lower than last year and supply is high. If you do not need to sell, waiting is reasonable; if you do, price to the market from day one.
- Inner-city buyers: infill homes are part of this market. Check zoning and lot size if you are paying for redevelopment potential, and compare new infills with older homes on similar lots nearby.
