Market updates
Calgary housing market update: what October 2026 means for sellers this winter
· Don Wong, REALTOR®, 2% Realty Inc.
Short answer: Calgary had 1,592 home sales in October 2026, 15% fewer than in October 2025. Inventory fell to 6,173 homes, leaving 3.88 months of supply. The citywide benchmark price was $564,200, about the same as a year ago (−0.35%). Detached and semi-detached homes stayed relatively balanced. Apartments and row homes had more supply, which favours buyers. If you're selling this winter, your property type and district matter more than the citywide headline.
Source: CREB®, October 2026 monthly statistics, released Nov 2, 2026.
October 2026 at a glance (City of Calgary)
| October 2026 | Change vs October 2025 | |
|---|---|---|
| Sales | 1,592 | −15.27% |
| New listings | 2,928 | −9.41% |
| Inventory | 6,173 | −4.62% |
| Months of supply | 3.88 | up from 3.44 |
| Sales-to-new-listings ratio | 54.37% | |
| Benchmark price | $564,200 | −0.35% |
| Year-to-date sales | 17,878 | −10.94% |
| Year-to-date average benchmark price | $565,680 | −2.72% |
CREB says inventory eased "in line with typical seasonal behaviour" and that the elevated months of supply "is mostly due to shifts in the higher-density apartment and row sectors of the market, which both tend to favour the buyer. Meanwhile, detached and semi-detached markets remain relatively balanced."
By property type
| Property type | Sales | Months of supply | Benchmark price | vs Oct 2025 |
|---|---|---|---|---|
| Detached | 847 | 3.34 | $735,100 | −0.72% |
| Semi-detached | 184 | 3.16 | $685,200 | +0.78% |
| Row | 241 | 4.44 | $407,500 | −5.12% |
| Apartment | 320 | 5.28 | $288,800 | −7.94% |
Selling a detached home
October detached sales were 847, nearly 16% fewer than a year earlier. With just over three months of supply, CREB calls conditions "relatively balanced". The detached benchmark was $735,100, less than 1% below last year. Location matters, though. CREB's chief economist, Ann-Marie Lurie, said that "the City Centre and West districts continue to report price gains over 2025, while prices have declined by more than six per cent in the North East district."
What it means for you: price against recent sales in your own district, not the citywide figure. Buyers in a balanced market still compare carefully, so condition and presentation matter.
Selling a semi-detached home
Semi-detached was the only property type with more sales in October than in September. Its sales-to-new-listings ratio of 61% was "the highest among the four property types," and months of supply fell back to about three. The benchmark was $685,200, nearly 1% above last year.
Selling a townhouse or row home
Row homes are more crowded. Sales were 241 (−11.72%), there were 4.44 months of supply, and the sales-to-new-listings ratio was below 50% for a second month. CREB says competition from new homes and added rental supply "has weighed on resale row homes." The benchmark was $407,500, more than 5% below last year.
What it means for you: expect buyers to compare your home with new-build and nearby resale options. Sharp pricing and a clean, well-photographed launch matter more here.
Selling a condo apartment
Apartments had the most supply: 5.28 months, with 320 sales (−22.33%). The benchmark was $288,800, down 7.94% from a year ago. Year to date, apartment prices are down nearly 9%.
What it means for you: be ready to negotiate. Have your condo documents ready, and know how your unit compares on parking, fees, floor and view.
Homes over $1.5 million
CREB reported "a pickup in sales of homes that are priced above $1.5 million," though that segment is "less than four per cent of all sales activity."
Should you list now or wait for spring?
October is usually a seasonal slowdown, and CREB says the benchmark eased from September "in line with seasonal expectations." Prices didn't get a spring lift in 2026, CREB noted, so waiting doesn't guarantee a better price. Fewer listings in winter can also mean less competition for a well-priced home. The right timing depends on your property type, your district and your next move.
Before you list this winter
- Get a home evaluation based on recent sales in your district and property type.
- Check your mortgage payout and any prepayment charge with your lender.
- Work out your selling costs: commission and GST, legal fees and moving. See Calgary realtor fees and the cost to sell a house in Calgary.
- Plan for winter showings: clear walks, good lighting and photos that show the home well.
Full service at a combined 2%
Don Wong with 2% Realty Inc. charges a 1% listing brokerage fee and normally offers 1% to the buyer's brokerage, for a combined 2% plus GST. Buyer-brokerage commission is negotiable. See Calgary realtor fees for worked examples. Want to know what your home could sell for this winter? Get a free home evaluation · 403-903-2888 · don@donwong.ca
FAQ
Is Calgary a buyer's or seller's market in November 2026?
It depends on property type. In October, CREB described detached and semi-detached homes as relatively balanced. Apartments (5.28 months of supply) and row homes (4.44 months) favoured buyers. Citywide supply was 3.88 months.
Are Calgary home prices falling?
The citywide benchmark of $564,200 was almost unchanged from October 2025 (−0.35%). Apartments (−7.94%) and row homes (−5.12%) fell. Semi-detached rose slightly (+0.78%), and detached was down less than 1%.
How many homes are for sale in Calgary?
CREB reported 6,173 homes in inventory at the end of October 2026, nearly 5% fewer than a year earlier.
Sources
- CREB®, "Supply levels ease as we move into winter", Nov 2, 2026: https://www.creb.com/News/Media_Releases/2026/November/October_2026_Stats/
- CREB® October 2026 Calgary Monthly Stats Package (PDF): https://www.creb.com/Housing_Statistics/documents/10_2026_Calgary_Monthly_Stats_Package.pdf
- July 2026 update
Statistics: CREB®, October 2026 monthly statistics package for the City of Calgary. Used with attribution.