10/12/2026
October Market Snapshot
For most of this year, it's been the same story in Calgary. A steady detached home market and an oversaturated condo market. Last month was essentially just a continuation of those trends.
Detached home sales remain balanced. These homes are generally holding their value; average prices have not changed drastically this year. Duplex-style homes are generally mirroring the detached home market, as prices have held steady since 2025.
Townhouses and apartment condos are experiencing weaker demand. Both markets are saturated these days. Townhouse sales are down 30% since the post-COVID boom and prices have slipped by 5% so far this year. The apartment condo market is a tough go for sellers right now too. After a rare peak in activity in 2024, the market has slowed significantly. Sales dropped by 28% in 2025 and this year have fallen by another 24%. Prices have been affected by the oversupply, declining by about 4% so far this year.
Every community will have differing trends, the above data is just general picture of Calgary as a whole. If you'd like more information on what's happening in your neck of the woods, don't hesitate to reach out.
Happy Thanksgiving!