Market update · October 2026

Calgary and Okanagan real estate market update.

What the September 2026 numbers mean if you are buying or selling in Calgary or the Okanagan. Updated monthly.

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Calgary: September 2026

1,650Sales, nearly 4% lower than a year ago
$566,700Benchmark price, about 1% lower year over year
Under 4Months of supply

Calgary sales slipped slightly from last September, and the sales-to-new-listings ratio eased to 49%. Detached homes remained in balanced territory, semi-detached prices were roughly flat at a $685,200 benchmark, and row ($412,400) and apartment ($291,400) benchmarks were lower than a year ago as more supply gave buyers more choice.

What it means

  • Sellers: detached homes priced to the market still move. Condos and townhomes need sharp pricing and great presentation.
  • Buyers: more selection and more room to negotiate, especially in apartments and row homes.

Okanagan: September 2026

1,141Residential sales region-wide, down 8% year over year
2,289New listings, down 13.4%
9,185Active listings, down 6.8%

Across the Association of Interior REALTORS® region, sales and new listings were both below last year, and inventory tightened. Single-family benchmark prices rose year over year in most Okanagan sub-regions, while the South Okanagan was down 6.2% at $718,400.

What it means

  • Sellers: fewer new listings means less competition for well-priced single-family homes.
  • Buyers: condos and townhomes are where you will find the most negotiating room.

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Sources: CREB® September 2026 statistics, Association of Interior REALTORS®. Figures as reported by each board.

Common questions

Is Calgary a buyer's or seller's market right now?

As of September 2026, detached homes in Calgary were in balanced territory, while apartments and row homes leaned toward buyers because of higher supply.

What is the benchmark price in Calgary?

CREB reported a total residential benchmark price of $566,700 for September 2026, nearly 1% lower than a year earlier.

How is the Okanagan market doing?

In September 2026 the Association of Interior REALTORS reported 1,141 sales region-wide, down 8% year over year, with new and active listings also lower.

What is my home worth in this market?

Use robthomson.ca/home-value for a free estimate based on recent sales near you.

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Rob Thomson, REALTOR®, Real Broker. All trades conducted through Real Broker. REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and associated logos are trademarks owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Information on this page is general and is not legal, tax or financial advice. Rules and market conditions change; confirm specifics with the relevant authority or a professional. Not intended to solicit buyers or sellers currently under contract.