What is happening in the Calgary market right now?
Calgary’s March 2026 data shows new listings running 12% below the five year average while sales have dropped 29%, pushing inventory up 27% and months of supply up 62%. The benchmark price is $566,200, up 2.23% month over month and 0.37% year over year. Buyer leverage is building across all segments, with apartments and attached homes facing the sharpest pressure heading into peak season.
1 Overall Market
Sales drop sharply as inventory builds and buyer leverage grows
March data shows reduced listing activity alongside continued demand weakness. New listings are 12% below the five year March average, while sales are down 29%. Inventory has increased 27%, pushing months of supply up 62%.
The benchmark price is $566,200, rising 2.23% month over month and 0.37% year over year. Buyer leverage continues to build as slower absorption offsets lower listing flow, creating more competitive conditions heading into peak season.
$566,200
Benchmark price
+0.37%
Year over year
+27%
Inventory change
+62%
Months of supply
2 Detached Homes
Tighter supply meets softer demand as annual prices slip
Detached conditions reflect tightening supply with softer demand. New listings are 16% below the five year March average, while sales are down 26%. Inventory has risen 18%, increasing months of supply by 46%.
The benchmark price is $680,900, up 0.20% month over month but down 3.61% year over year. Annual price declines point to growing resistance at higher price points despite limited new supply.
$680,900
Benchmark price
-3.61%
Year over year
+18%
Inventory change
+46%
Months of supply
3 Apartments
The greatest imbalance: sales down 40%, prices falling year over year
Apartment conditions show the greatest imbalance across all segments. New listings are 9% below the five year March average, while sales have dropped 40%. Inventory has climbed 36%, pushing months of supply up 95%.
The benchmark price is $309,700, down 3.34% month over month and 3.08% year over year. Elevated supply and declining prices signal sustained pressure across this segment.
$309,700
Benchmark price
-3.08%
Year over year
+36%
Inventory change
+95%
Months of supply
4 Attached Homes
Supply growth outpaces demand, maintaining competitive conditions for sellers
The attached segment remains under pressure. New listings are 6% below the five year March average, while sales are down 26%. Inventory has surged 46%, increasing months of supply by 79%.
The benchmark price is $447,200, rising 0.65% month over month but down 0.57% year over year. Supply growth continues to outpace demand, maintaining competitive conditions for sellers despite a modest monthly price gain.
$447,200
Benchmark price
-0.57%
Year over year
+46%
Inventory change
+79%
Months of supply
Common Questions
Is Calgary currently a buyer’s market or a seller’s market?
Calgary is moving toward balanced conditions as of March 2026. Inventory is up 27% and months of supply has risen 62%, giving buyers considerably more leverage than 12 months ago. Prices remain marginally positive year over year overall, but sellers in the detached and apartment segments are facing real downward pressure.
What is the benchmark price in Calgary right now?
The overall benchmark price in Calgary is $566,200 as of March 2026, up 2.23% month over month and 0.37% year over year. Detached homes benchmark at $680,900, apartments at $309,700, and attached homes at $447,200.
Why are Calgary home sales down if new listings are also below average?
Both new listings and sales are below five year averages, but sales have fallen faster. Fewer homes are entering the market, yet buyers are absorbing an even smaller proportion of available supply, which is why total inventory has risen 27% and months of supply has climbed 62%. The result is more choice for buyers and longer days on market for sellers.
Which Calgary property type is under the most pressure right now?
Apartments are facing the sharpest conditions, with sales down 40%, months of supply up 95%, and the benchmark price down 3.08% year over year and 3.34% month over month. Detached homes have also seen annual prices decline 3.61%. Attached homes are the only segment holding benchmark price close to flat year over year, though supply pressure remains significant.
Is now a good time to sell in Calgary?
The answer depends heavily on your property type and price point. Overall prices are still marginally positive year over year, but apartment and detached sellers are seeing real annual declines and buyers have meaningfully more leverage than in 2024 and 2025. The best way to assess your specific position is through your free Bode Homeowner Dashboard, which tracks your property’s value and local comparable activity continuously.