Calgary
Housing Market ReviewAverage Sold Price*
*All residential: detached, semi-detached, row and apartment, City of Calgary
Transactions*
*All residential: detached, semi-detached, row and apartment, City of Calgary
Market Conditions
August 2026
Price Range Distribution
August 2026
Calgary - Region Breakdown
August 2026
Willow Creek Region had the lowest average property price in the market, with an average price of $419,571. On the other hand, Bighorn Region was the area with the highest average property price, reaching $1,266,990. Additionally, Vulcan Region saw the largest month-over-month rise in average price with a 40.6% increase, while Airdrie had the lowest with a -5.7% decrease.
Area | Avg. Price | Monthly Change | Yearly Change | Transactions |
|---|---|---|---|---|
| Airdrie | $493,390 | -5.7% | -5.2% | 137 |
| Bighorn Region | $1,266,990 | 6% | 6.8% | 40 |
| Chestermere | $788,642 | 6.2% | 16.7% | 36 |
| Foothills Region | $714,015 | -3.7% | -10% | 116 |
| Kneehill Region | $428,333 | 38.4% | 4.9% | 6 |
| Mountain View Region | $546,042 | 10% | 3% | 53 |
| Rocky View Region | $838,976 | -1.8% | -3.9% | 152 |
| Vulcan Region | $576,396 | 40.6% | 30.1% | 12 |
| Wheatland Region | $524,231 | 1.4% | 0.3% | 27 |
| Willow Creek Region | $419,571 | -1.6% | 2.6% | 17 |
The areas around Calgary are reported by CREB alongside the city. They lie outside it, so they are not part of the Calgary figures above.
Glossary
Calgary
The City of Calgary, which is what CREB's headline figures cover. The surrounding areas (Airdrie, Chestermere, Rocky View, Foothills and more) are reported separately and have their own pages; they are not part of the Calgary totals.
Average price
Total dollars paid divided by the number of sales, as printed by CREB.
Median price
The price in the middle of all sales: half sold for more, half for less. Less sensitive than the average to a few very expensive homes.
Benchmark price
The MLS® Home Price Index value of a typical home in the area, tracked over time. Unlike the average, it does not move just because more expensive (or cheaper) homes happened to sell this month.
Row / Townhouse
Attached homes in a row, each with its own entrance. Semi-detached (two homes sharing one wall) is reported separately.
Apartment Condo
A condominium unit in an apartment-style building.
Months of supply
Homes for sale divided by the month's sales: how long the inventory would last at this pace. Under about 2 months favours sellers, over 4 favours buyers in Calgary.
Sales to new listings
Sales divided by new listings in the month. A high ratio means homes are selling about as fast as they come on the market.
Sale to list price
What homes sold for as a share of their asking price. 98% means the typical home sold 2% under asking.
Small areas
Some surrounding areas sell only a handful of homes a month (Vulcan, Kneehill), so their average price can swing sharply from one month to the next.
Restated figures
CREB revises recent months as late sales are recorded. The charts use the figures of the newest package.
Data obtained from the Calgary Real Estate Board (CREB®) monthly statistics packages reports.
The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.