Calgary Market Pulse: October 2026

September's CREB numbers are in, and they point to a market finding its balance. The month saw 1,650 homes change hands — down 3.9% from a year earlier — alongside 6,500 active listings. The residential benchmark price settled at $566,700, off 0.8% year over year, with 3.94 months of supply — squarely balanced territory. But the headline figures only tell part of the story. Below are five market pulse graphics, one for each property type, with a quick read on what each one is signalling.

Overall Market: Balanced at 25% Absorption

Calgary Market Pulse October 2026 — overall market: 1,650 sold, $646,198 average price, 25% absorption rate

Taken together, Calgary's market sits in balanced territory with a 25% absorption rate. The average sold price of $646,198 is up 4.9% year over year — a reminder that while sales have cooled, values remain supported by steady demand. The graphic above sums up where things stand at a glance.

Detached Homes: The Strongest Segment

Calgary Market Pulse October 2026 — detached homes: 896 sold, $823,483 average price, 30% absorption rate

Detached homes remain the engine of Calgary's market. Sales reached 896 — up 4.4% year over year — while the benchmark price of $739,400 barely budged. With just 3.31 months of supply and a 30% absorption rate, well-presented detached homes are still drawing strong competition.

Semi-Detached: Steady as She Goes

Calgary Market Pulse October 2026 — semi-detached homes: 163 sold, $685,200 benchmark price, 27% absorption rate

The semi-detached segment is holding its own. Sales of 163 were up 5.2% from last year, and the $685,200 benchmark points to stable values. A 27% absorption rate keeps this segment near balanced conditions — reassuring for buyers and sellers in the middle of the market.

Row and Townhomes: Losing a Little Steam

Calgary Market Pulse October 2026 — row and townhomes: 248 sold, $412,400 benchmark price, 23% absorption rate

Row and townhome sales softened to 248 — down 18.2% year over year — and the $412,400 benchmark slipped 5.5%. With 4.45 months of supply and a 23% absorption rate, buyers in this segment have more choice and more room to negotiate than they did a year ago.

Apartments: The Softest Corner of the Market

Calgary Market Pulse October 2026 — apartments: 343 sold, $318,759 average price, 19% absorption rate

Apartments remain the softest corner of the market. Sales of 343 were down 14.3% from last year, and the average price of $318,759 fell 8.7% year over year. At 5.29 months of supply and a 19% absorption rate, conditions favour buyers — expect more selection and greater negotiating room.

What This Means for You

If you're selling a detached home, the market is on your side: demand is steady, supply is limited, and well-priced listings are still attracting interest. In the softer segments, pricing accurately from day one matters more than ever — an optimistic list price only buys extra days on market.

Buyers, meanwhile, will find the most choice — and the most negotiating room — among apartments and row homes, where months of supply are highest and prices have eased. If you've been waiting for some breathing room, this is it.

Find out what your home is worth — or talk to Ray about your next move.

Data: CREB Daily Housing Summary and September 2026 media release.

Posted by Ray Yang on October 5th, 2026

Enjoy this blog post? Click here to subscribe for updates