Sales held level with August, more new listings came on, and prices eased slightly. Calgary is still a balanced market, with the most room to negotiate in condos and townhomes.
In September 2026, Calgary’s benchmark home price was $566,700, down 0.5% from August and 0.8% from a year ago. Sales of 1,650 were nearly identical to August and 3.8% below last September. New listings rose 6.8% on the month, inventory held at 6,486 homes, and the market sat at 3.9 months of supply, which is balanced. Detached homes ($739,400) are down about 1% year over year; apartment condos ($291,400) are down 8.3%, with 5.3 months of supply and 55 days on market.
September 2026 at a glance
September was a steady month for Calgary. Sales came in almost exactly where August left off, sellers brought more new listings to market as the fall season started, and the benchmark price slipped half a percent. Homes took a little longer to sell, at 44 days on average. None of this points to a market in trouble. It points to a market where buyers have time to compare homes and negotiate, and where sellers who price well still sell.
A decade of Calgary prices
The headline numbers
| Metric | September 2026 | vs prev month | vs last year |
|---|---|---|---|
| Benchmark price | $566,700 | ▼ -0.5% | ▼ -0.8% |
| Sales | 1,650 | ▼ -0.4% | ▼ -3.8% |
| New listings | 3,354 | ▲ +6.8% | ▼ -11.3% |
| Inventory | 6,486 | ▼ -0.5% | ▼ -6.3% |
| Days on market | 44 | ▲ +3 days | ▲ +2 days |
A look by property type
| Property type | Benchmark | vs last year | Sales | Days on mkt |
|---|---|---|---|---|
| Detached | $739,400 | ▼ -1% | 896 | 38 |
| Semi-detached | $685,200 | ▲ +0.1% | 163 | 43 |
| Row / townhouse | $412,400 | ▼ -5.5% | 248 | 50 |
| Apartment condo | $291,400 | ▼ -8.3% | 343 | 55 |
Are Calgary home prices still falling?
Only slightly. The city-wide benchmark price of $566,700 is down 0.5% from August and 0.8% from September 2025. It peaked this year at $572,500 in June and has eased about 1% since, but it is still about 2.4% above January’s low of $553,400. That is a flat market with small monthly moves, not a slide.
Sales of 1,650 were down just 0.4% from August and 3.8% from last September. New listings rose to 3,354, up 6.8% on the month, while total inventory held at 6,486 homes, 6.3% fewer than a year ago. Put together, that’s 3.9 months of supply, unchanged from August and still balanced.
Where the opportunities are for buyers
Detached homes are the strongest part of the market. The detached benchmark is $739,400, down about 1% from a year ago, and detached sales were actually up 4.4% from last September. They’re selling in about 38 days with 3.3 months of supply, so a well-priced detached home in a good neighbourhood still draws attention.
The softer side is attached and condo housing. Row/townhouses sit at a $412,400 benchmark, down 5.5% year over year, with sales down 18.2% and about 50 days on market. Apartment condos are at $291,400, down 8.3% from a year ago, with 5.3 months of supply and 55 days on market. For first-time buyers, that’s the segment where sellers are most open to a conversation on price and conditions.
What this means if you’re buying in Calgary
A balanced market gives you time. At 44 days on market you can view more homes, write a considered offer, and keep your financing and inspection conditions in place instead of waiving them to compete.
The step that makes that time useful is knowing your budget before you start. Price is one half of affordability and your mortgage rate is the other. A current rate and a pre-approval tell you what you can actually carry, so you can act quickly when the right home comes up.
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Source: CREB, September 2026 (Calgary geography). Prices shown are benchmark values. Month-over-month compares to the prior month; year-over-year to the same month last year. The board may revise past months as late sales are recorded. Prepared by Mortgages for Less.
