06/09/2026
🏡 Calgary Real Estate Market Update - May 2026 🌆
May saw a shift in Calgary’s real estate landscape, with rising inventory but slowing sales. Here’s the latest:
Key Highlights:
• Total Inventory: 6,752 units (11% above long-term trends)
• Total Sales: 2,162 units (down 16% from last year)
• Sales-to-New-Listings Ratio: 51%
• Benchmark Price: $570,500 (up from April, but 3% lower than last May)
Market Breakdown:
Detached Homes:
• Sales: 1,192; New Listings: 2,195
• Months of Supply: 2.5 (balanced conditions)
• Benchmark Price: $747,800 (up from January)
Semi-Detached Homes:
• Sales: 217; New Listings: 375
• Months of Supply: Under 3
• Benchmark Price: $691,100 (improved from January)
Row Homes:
• Sales: 350; New Listings: 695
• Months of Supply: Above 3
• Benchmark Price: $422,300 (down over 6% year-over-year)
Apartment Condominiums:
• Sales: 403; New Listings: 961
• Months of Supply: Above 5 (buyer-favored conditions)
• Benchmark Price: $300,400 (down 9% from last year)
Regional Highlights:
• Airdrie: Balanced market, benchmark price at $515,000 (5% lower than last year).
• Cochrane: Rising sales with a benchmark price of $576,400, showing resilience.
• Okotoks: Limited inventory with a benchmark price at $618,900, experiencing some volatility.
Conclusion:
With the market transitioning to a more balanced state, now is the time to explore your options! Ready to buy or sell? Let’s connect! 403 278 3081