Hey friends, Calgary’s housing market is splitting into two stories right now. Detached homes are holding strong for sellers, while condos and townhomes give buyers some breathing room with rising inventory.
This matters because it’s creating real opportunities, especially if you’re a first-time buyer or family looking to stretch your budget.
Key data from March 2026 shows Alberta’s average home price hit $533,201, up 1.6% year-over-year, but Calgary’s benchmark dipped 4.2% to $565,600. Sales in Calgary fell 12.9% to 1,881 units, with inventory up 4.7% to 5,395, pushing the sales-to-new-listings ratio to 55%, a balanced market overall.
Detached homes stay seller-favored at 2.2 months supply, but condos hit 4.6 months with prices down around 4.5% year-over-year to roughly $257,000. Row homes balanced at 3.0 months with prices off 6.2%. Housing starts in Alberta dropped 23.8% in March to 3,016 units.
For buyers and families, this means more choice in condos and townhomes. Negotiate without the frenzy, maybe snag a deal before summer picks up. Sellers of detached? You’re still in the driver’s seat, but price smartly. Investors, eye those cash-flowing multis with stabilizing rates.
Ready to make your move? Book your free buyer consult at https://calendly.com/sellwithariell/buyer-consult. Or text/call 587-510-2008, email ariell@sellwithariell.com. Let’s build your freedom.
Sources: CREB, WOWA, Nesto, Alberta Economic Dashboard, Royal LePage via report.
Leave a Reply