03/13/2026
Calgary’s housing market is moving in different directions depending on the property type.
🏡 Detached & Semi-Detached: Supply remains tight (under 3 months), especially for homes under $700K, keeping prices relatively supported.
🏘️ Row Homes: Market is balanced with moderate supply and steady demand.
🏢 Apartments/Condos: Rising inventory and nearly 18,000 units under construction are creating buyer-friendly conditions, putting downward pressure on prices.
📊 Key February Numbers:
• Benchmark home price: $560,500
• Detached benchmark: $734,300
• Apartment benchmark: $298,600
• Inventory: 4,822 units
• Sales: 1,526 homes
What this means:
Buyers have more negotiating power in the condo market, while detached homes—especially under $700K—remain competitive.
If you’re thinking about buying, selling, or investing in Calgary real estate, now is the time to understand where the opportunities are.
Upneet Ubhi
REALTOR®, Residential - ΓEA⅃ Broker
Cell: 587-966-9089
Email: [email protected]