Calgary Real Estate Market – March 2026

Inventory climbs while sales decline. Prices hold steady. Buyer leverage builds as supply rises heading into spring.

8 min readBōde Marketing Team

Real Estate Market Report | Calgary | March 2026

Supply Tightens While Buyer Leverage Expands

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So what's happening in the Calgary real estate market as of March 2026?

February data shows constrained listing activity alongside weaker sales. New listings are 10 percent below the five year February average, while sales are down 27 percent. Inventory has risen 36 percent, pushing months of supply up 69 percent. The benchmark price is $562,000, up 1.55 percent month over month and 2.45 percent year over year. Buyer leverage continues to build as supply accumulates, though stable price growth suggests sellers remain disciplined heading into the spring market.

Calgary's Detached Homes

Detached conditions reflect reduced supply and slower demand. New listings are 18 percent below the five year February average, while sales are down 29 percent. Inventory has increased 27 percent, lifting months of supply by 56 percent. The benchmark price is $677,200, rising 3.41 percent month over month and 0.36 percent year over year. Detached pricing remains resilient, though weaker absorption indicates buyers are becoming more selective at higher price points.

Calgary's Apartments

Apartment conditions show growing imbalance. New listings are 2 percent below the five year February average, while sales have dropped 31 percent. Inventory has climbed 37 percent, pushing months of supply up 82 percent. The benchmark price is $306,600, up 7.24 percent month over month and 0.74 percent year over year. The sharp monthly gain likely reflects short term sales mix rather than broad based upward pressure across the segment.

Calgary's Attached Homes

The attached segment remains under pressure. New listings are 1 percent below the five year February average, while sales are down 19 percent. Inventory has surged 54 percent, increasing months of supply by 79 percent. The benchmark price is $444,400, up 3.33 percent month over month but down 3.85 percent year over year. Elevated supply continues to create competitive conditions despite the recent monthly price rebound.

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