New HouseSigma data (see infographic below) shows that in April 2026, the median sale price for a home in the Greater Calgary region was $600,000 — the exact same figure as was recorded in April 2025. The headline median has caught up to where it sat a year ago, posting its first non-negative year-over-year reading after months of declines.

But this median figure hides the truth of the home price data. Every one of Calgary’s three main home types — detached, attached, and condo apartment — sold for less in April 2026 than in April 2025.

Detached homes are down about $15,000 from a year ago, attached the same amount, and condos roughly $22,000. The deepest drop is in the condo segment, now down nearly 7% year-over-year. These figures align with what CREB and other Calgary market commentary have been describing: softening across all property types, sharpest in apartments.

So why is the regional headline price figure flat?

Sales mix is doing the work

The composition of what’s selling has shifted noticeably between April 2025 and April 2026. Condos accounted for 23.1% of all regional sales a year ago. This April they made up just 17.8%, a 5.3-point drop in the lowest-priced segment’s share of the market, reflecting the fact that condo sales in the region are down more than 25% year over year.

On the other hand, detached homes, the priciest segment, moved in the opposite direction, growing from 51.1% to 54.2% of sales.

When more of the priciest homes sell and fewer of the cheapest do, the middle of the distribution moves upward, even with each individual segment softening. The headline median climbed for a structural reason: the kinds of homes selling have shifted. Prices within each segment have not recovered.

Behind that mix shift is a real divergence in demand. With the plummeting condo sales, Calgary’s apartment market is sitting on multi-year-high inventory. Condo buyers can afford to wait, and many appear to be doing exactly that. Whereas detached supply remains tight, and detached buyers continue to compete for what’s available.

Month-to-month sharpens the same picture

The segment split has widened, not narrowed, through the spring.

• Detached median prices have climbed three months running: $680,000 in February, $699,900 in March, $715,000 in April, a $35,000 gain.
• Condo median prices have drifted slightly downward each month: $305,000 in February, $303,000 in March, $302,000 in April.
• Attached homes have been the steadiest of the three, hovering near $480,000 with little net movement.

Where the negotiating room is

Even with detached prices climbing, most Calgary sellers are still accepting offers below their list price. What’s changed is how many. The share of sales closing below list has been falling: 80.8% in February, 78.4% in March, 77.3% in April. The typical April sale closed 1.82% below list — a smaller discount than at any point so far in 2026.

However, the regional average hides sharp neighbourhood variation. In Calgary’s South West, the priciest quadrant at a $677,500 median, only 70.4% of April sales closed below list. Nearly three in ten sales there matched or beat asking. The highest dollar amount over asking was a four-bedroom detached home in Calgary that listed at $1.8 million and sold for $2.2 million — $400,000 above the seller’s price. In the North East, the most affordable quadrant at $489,125, 90.3% of April sales still closed below list. A buyer with a North East budget has substantially more negotiating room than one competing for a South West home.

What to take from it

In practical terms, Calgary’s market is offering very different prospects to different buyers. A detached buyer, especially in the South West, should be prepared for competition and accept a narrower discount window than three months ago. A condo buyer has the opposite position: ample inventory, sellers visibly more open to negotiation, and time to take their pick. The two camps are operating in markets that have less and less in common.

For sellers, the same segmentation runs in reverse. Pricing strategy depends sharply on what and where you’re listing. A well-priced detached home in a tight-supply South West neighbourhood can list with renewed confidence. A condo, especially in higher-supply areas, needs sharper pricing discipline or it will sit through the spring.

Check out our interactive April 2026 Calgary PriceWatch infographic, below, to see the full stats breakdown by property type and community. Just hover over or click on the graph to see the precise data.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Infographic: Calgary’s median home price matches a year ago — but every property type sold for less appeared first on HouseSigma.

For most sellers, that softening market means accepting a bid below expectations and waiting a few weeks longer than planned. But for a smaller group, often at the higher end of the market, it has meant something more punishing: many months or even years of no sale, terminated listings, relistings, and dramatic price reductions before a buyer finally came through.

Below are HouseSigma’s picks of Greater Calgary’s 10 most painful home sales of 2026 so far, based on MLS data on sales between January 1 and April 23. The list is a combination of three rankings: biggest dollar discount off final list price, longest total time on market across all listing attempts, and highest number of repeated listings before the sale closed. The first property is ranked at the top as it appears on two of these lists, making it (in our opinion) the most painful sale of the year to date.

1. 340 West Chestermere Drive: $1,800,000

This is the only property to appear in two of our categories: it is the most-relisted home to sell in 2026 so far, and it is third in the longest total listing period rankings. This beautifully renovated, four-bedroom Chestermere detached home moved in and out of the market across eight listing attempts between January 2024 and March 2026, accumulating 639 days on the market before a buyer finally agreed to $1.8 million. The seller bought the home for $1.06 million in April 2022, so at $1.8 million the sale represents a paper gain — but it’s well below the seller’s original target of $2.2 million.

Details: $1,800,000 | 4+1 bed, 4 bath | 2,971 sq ft | Built 1979 | Sold March 4, 2026

2. 1118 Premier Way SW, Calgary: $4,800,000

The biggest dollar discount of 2026 so far: $550,000 off the final asking price on this grand, 2014-built Calgary detached home. The seller’s first listing went up in May 2025 at $5.89 million and was terminated in December after 200 days without a buyer. The home was relisted in February this year at $5.35 million and sold 63 days later for $4.8 million, 10.3% below that final ask and more than a million bucks off the original target.

Details: $4,800,000 | 4+1 bed, 6 bath | 5,059 sq ft | Built 2014 | Sold April 17, 2026

3. 175 Pumpvalley Court SW, Calgary: $1,600,000

This detached Calgary home, built in 1991, closed 18% below its $1.95 million asking price after three consecutive listings beginning in April 2025. The first two were terminated without a sale — 36 days on the first attempt (priced at $2,595,000), 132 days on the second ($2,190,000). The third listing ($1,950,000) finally closed in late February 2026 at $350,000 below ask, the second biggest dollar loss of 2026 so far.

Details: $1,600,000 | 3+2 bed, 5 bath | 3,815 sq ft | Built 1991 | Sold February 27, 2026

4. 1212 Montreal Avenue SW, Calgary: $3,150,000

This attractively renovated Calgary detached house, built in 1983, tried and failed to sell twice in 2023 (listed at $3.72M) and 2024 ($3.42M) before finally moving in March 2026. The two earlier listings combined for 406 days on market through those abandoned attempts. The seller returned in September 2025 with a $3,499,000 list price and closed five months later for $349,000 below ask.

Details: $3,150,000 | 5+1 bed, 7 bath | 4,726 sq ft | Built 1983 | Sold March 5, 2026

5. 178125 240 Street W, Rural Foothills County: $2,925,000

Four listings and a whopping 905 active days on the market, this is the longest total time of any sale in Greater Calgary in 2026 so far. The Rural Foothills County property with a ranch and a three-bedroom house was first listed in June 2023 for $2,999,000 and bounced through two listing expirations. The third listing, beginning April 2025 at a barely reduced price of $2,990,000, finally closed in January 2026 at $2.925 million. A rare tale where the seller held out for the right buyer who eventually showed up to pay close to full ask, so the pain paid off.

Details: $2,925,000 | 3+1 bed, 3 bath | 1,680 sq ft | Built 1979 | Sold January 26, 2026

6. 703 Green Haven Place, Rural Foothills County: $1,525,000

Another Rural Foothills County acreage, this one a 2024-build. The home was listed in April 2024, starting at $1,719,900, and spent the next 21 months cycling through three expired listings before finding a buyer in mid-January 2026, after 649 active days on market. The final listing went up on January 5, 2026 and sold within 16 days.

Details: $1,525,000 | 3+1 bed, 4 bath | 2,900 sq ft | Built 2024 | Sold January 21, 2026

7. 426-255 Les Jardins Park SE, Calgary: $479,900

A two-bedroom, 977-square-foot Calgary condo built in 2022, this is the only condo on our list. The unit sat on the market for 633 active days across three listings: an April 2024 listing at $529,900 that expired on December 31, a January 2025 listing that expired on June 30, and a third listing from July 2025 that finally sold on January 23, 2026. For a building completed just a few years ago, that represents a substantial share of the unit’s post-construction life spent listed.

Details: $479,900 | 2 bed, 2 bath | 977 sq ft | Built 2022 | Sold January 23, 2026

8. 196 Wolf Hollow Park SE, Calgary: $515,000

A 2020-built rowhome in SE Calgary that went through seven listings across eight months before selling, second only to our #1 entry. The seller started fresh in late June 2025 after an earlier attempt that terminated after just six days, then cycled through six more listings averaging just over four weeks each. The property closed in February 2026 at $515,000.

Details: $515,000 | 3+1 bed, 4 bath | 1,313 sq ft | Built 2020 | Sold February 13, 2026

9. 96 Belmont Terrace SW, Calgary: $673,000

A 2017-built Calgary detached house that went through seven listings in just six months between August 2025 and February 2026. Four of those listings ended and were immediately replaced with a new MLS number on the same or next day, a pattern that effectively resets the “days on market” counter shown in public listing pages and is a common tactic for properties struggling to attract offers. The home finally sold for $673,000 on February 6, 2026.

Details: $673,000 | 3 bed, 3 bath | 1,937 sq ft | Built 2017 | Sold February 6, 2026

10. 103 Masters Heights SE, Calgary: $565,000

Seven listings in the six months between August 2025 and February 2026, averaging just 22 days each, gives this small bungalow the shortest average listing duration of any property in our top 10. In five of the seven listings, each listing ended and restarted on the same or next day with a new MLS number — the same pattern seen on 96 Belmont Terrace, above. The home sold in mid-February 2026 for $565,000, closing out more than six months of near-constant listing activity.

Details: $565,000 | 1+2 bed, 3 bath | 1,002 sq ft | Built 2016 | Sold February 18, 2026

HouseSigma’s Greater Calgary market infographics track the higher-level statistics, while these 10 properties are what those numbers look like up close, for the sellers who felt them most.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Chasing the market down: Calgary’s 10 most painful home sales of 2026 so far appeared first on HouseSigma.

But when you compare the market with a year ago, today’s picture looks very different. Every property type in Calgary saw a median March price below that of a year ago, and the overall median price was down 1.4% year over year. Detached homes, despite recent months of gains, are still down 4.0% from March 2025, when the median was $729,200. Attached homes sit at $480,000 — 3.8% below the $499,000 recorded a year earlier. Condos have fallen the furthest: at $303,000, they’re 6.9% below March 2025’s $325,500.

The overall median decline of −1.4% is softer than it looks because the total mix shifted slightly toward detached sales this March (53% of sales vs 49% a year ago), which boosts the headline number.

What all this means is that the spring price uptick is real — but it’s merely recovering some of the ground lost over the past year, and is very far from breaking new territory.

What sellers are closing for

Sellers are feeling this gap. In March, 78.4% of Calgary homes sold under their asking price, with the typical home closing 1.88% below list — about $9,900 on a $582,500 median price. Only 13.7% of sales went over asking.

However, that discount has been narrowing since December, when it peaked at 2.56% below list. January came in at 2.31% and February at 2.06%, so with March at 1.88%, that’s the smallest price gap in six months. But a year ago, in March 2025, the typical home sold at just 1.25% under asking. So while the direction is improving for sellers, buyers are still negotiating a larger discount than they were this time last year.

The gap varies by home type. Detached buyers negotiated the most modest reductions, with the median sale landing 1.64% below list. Attached homes came in at 1.84% under. Condos saw the largest discount, closing at a median of 2.66% below list — consistent with the steeper year-over-year price decline in that segment.

Best and worst sale prices vs list

The Greater Calgary home that sold for the highest dollar amount over asking was a lovely detached home in Elbow Park that sold for $266K more than its $1.499M asking price, fetching $1,715M. By percentage, the biggest list-to-sale-price gain was this 1961 modernist-style renovated home in Charleswood, which sold for 22% above asking, at $1.2M.

At the other end of the outlier scale, the largest dollar drop from list to sale price in March was borne by this luxury Upper Mount Royal house, which sold for $349K less than its $3.499M list price. And by percentage, it was this older home on a corner lot in Highland Park, which is ripe for redevelopment. The sellers wanted $999K, but got $818K, a drop of 18.2%.

What to make of the stats

Despite such outliers, the detached market is relatively stable and balanced. But for those looking to buy or sell a condo, this segment of the market is worth watching. The combination of the steepest year-over-year price drop and the largest discount to list suggests supply in that segment is outpacing demand more than in either detached or attached categories. For buyers, that means more room to negotiate. For sellers, it means pricing conservatively matters more in condos than elsewhere.

Sellers are feeling a bit more confident compared to the start of the year, we’re seeing more activity, more showings, and some momentum coming back into the market. But at the same time, pricing is still very sensitive. Buyers are informed and cautious, and they’re not chasing the market the way they were before.
What we’re seeing right now is more of a recovery phase than a true surge. Properties that are priced well and show well are moving, but anything even slightly off is sitting longer or getting negotiated down.

Raj Sandhu, leading HouseSigma agent in Calgary

Check out our interactive March 2026 Calgary PriceWatch infographic, below, to see the full stats breakdown by property type and community. Just hover over or click on the graph to see the precise data.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Infographic: Calgary’s spring real estate market is recovering only some of the lost ground appeared first on HouseSigma.

HouseSigma’s Market Temperature graphs measure something different: the absorption rate, which is the share of active listings that sell in a given month. It captures the live balance between supply and demand. You can find these Market Temperature graphs by scrolling down a little on any of our Market Trends pages, such as this Metro Vancouver page, this GTA page, and this Greater Calgary page. (You can also choose any other HouseSigma-covered geographic area, and filter by factors such as municipality, neighbourhood, and home type.)

When we examined five years of transaction data across Metro Vancouver, the Greater Toronto Area and Greater Calgary, a clear pattern emerged. The absorption rate doesn’t just describe current conditions — it often moves ahead of what sellers actually accept at the negotiating table, otherwise known as the sale-to-list-price ratio.

This means that the absorption rate can give us a clue about where prices are heading, because if we can predict that sellers will be forced into giving deeper discounts (or if they have the power to not accept discounts, or even force buyers to offer over list price) then we can predict what the overall typical sale prices will be.

A tale of three major markets

The pandemic buying frenzy of 2021 and early 2022 pushed absorption rates to extraordinary levels in all three urban areas, though the experience differed considerably between them.

In the GTA, demand was so intense during that period that monthly sales far outpaced the number of “active listings” — the count of available homes for sale at the end of the month. This can happen when homes that are being listed throughout the month are being snapped up, in addition to existing inventory, and never make it to the month-end inventory count.

Check out this graph below, with the blue line and left-side Y axis showing the absorption rate across the GTA as a whole over the past five years.

Metro Vancouver saw similarly elevated activity in 2021 and 2022, per the graph below, before also seeing a rapid decline that has led to today’s buyer’s market. Like in the GTA, there was a brief recovering mini-peak in 2023 before the slow period of mostly decline up to today.

If you examine the green line on those two graphs, with a measure on the right-side Y-axis, you can see the sale-to-list-price ratio — the median percentage of the asking price that sellers were getting in the actual sale. It’s clear that in both cities during that 2021-22 period, sellers weren’t just receiving offers at asking price (the 100% dotted red line); homes were typically closing at a price above asking, especially in the GTA for a prolonged period. However, this is clearly not the case today.

Calgary told a subtler version of the same story. The absorption rate climbed sharply, but even at peak heat, most transactions completed at or just above the asking price rather than dramatically over it.

Calgary’s market competitiveness has always expressed itself through speed and volume rather than the kind of overbidding that became common in Toronto and Vancouver. Record international and interprovincial migration drove housing demand in Calgary, with employment gains and relative affordability continuing to attract people to the province even amid high interest rates.

Does the absorption rate actually predict what comes next for prices?

To answer this accurately, we ran a statistical analysis testing whether the absorption rate (or “Market Temperature”) in a given month is more closely correlated with sale-to-list-price ratios in that same month, or in the months that follow. The answer depends on the market.

In the GTA and Greater Calgary, the absorption rate is genuinely predictive of rising or falling sale-to-list-price ratios. The correlation between this month’s absorption rate and next month’s median sale-to-list ratio is stronger than the concurrent relationship — meaning the absorption rate tends to move about a month ahead of negotiating outcomes in those cities.

Greater Vancouver Realtors’ historical analysis confirms the broader relationship between absorption rate and pricing, finding that downward pressure on home prices occurs when the absorption rate dips below 12% for a sustained period, while upward pressure tends to emerge when it surpasses 20%. In HouseSigma’s Metro Vancouver graph above, however, the correlations are nearly identical at every month, as the two metrics move together rather than one leading the other. Vancouver’s market appears to adjust faster — suggesting that sellers tend to change prices more quickly in response to changing absorption conditions, compressing the gap.

Jeremy Bator, a leading HouseSigma agent in the Lower Mainland of BC, observed, ““Metro Vancouver sellers don’t sit around waiting for the market to catch up — they adjust on the fly. With the region’s strong international influence, there’s an added layer of sophistication in how sellers read and react to market signals. It’s kind of like driving around here — hesitate for a second and someone’s already merged into your lane.”

Calgary’s second boom cycle

One of the most interesting findings from the five-year dataset is that Calgary ran a second complete boom cycle that Vancouver and the GTA did not. After cooling in late 2022, Calgary’s absorption rate surged again through 2023 and into early 2024, fuelled by continued interprovincial migration from British Columbia and Ontario. CMHC noted that roughly 70% of net interprovincial migration into Alberta was coming from B.C. and Ontario, as buyers priced out of those markets sought relative affordability in Calgary. The absorption rate and the median sale-to-list-price ratio both peaked again in spring 2024, with sellers once more commanding full asking price — and in each case the absorption rate’s climb preceded the improvement in sale-to-list outcomes by roughly a month, consistent with the statistical analysis.

That pattern then reversed. Calgary’s absorption rate has been falling steadily since mid-2024, and the sale-to-list-price ratio has tracked it downward. Sellers who were receiving full asking price 18 months ago are now accepting modest discounts.

Raj Sandhu, a leading HouseSigma agent in Calgary, said, “Calgary’s market has been one of the most resilient in the country over the past few years. However, as supply has caught up and interest rates remain a factor, we’re now seeing a clear cooling trend. The absorption rate has been a reliable leading signal. Once it started declining, we saw seller’s price expectations adjust shortly after.”

Where things stand now

All three markets are currently cooling, and in each the sale-to-list ratio is following the absorption rate down. Metro Vancouver’s absorption rate hit a five-year low in January 2026 and is still very muted. The GTA has been soft throughout 2025, with sellers consistently accepting below asking. Calgary, starting from a higher base, has cooled more recently but is now tracking the same direction.

The sales-to-active listings ratio in Metro Vancouver remains below the level that typically signals upward price pressure, indicating that downward pressure on pricing may persist if conditions do not tighten. The same observation holds in the GTA and Calgary.

Sammy Kohn, a leading HouseSigma agent in the GTA, warned that it is important to recognize statistics only paint part of the picture. He said, “‘I definitely look at stats, but lean more on client realities — it’s always case by case. That said, Toronto’s demand edging up right now means balanced absorption, which signal steady or rising prices ahead — and if it keeps buyers and sellers even, that’s a win for everyone.”

That said, stats are a useful part of the picture, as long as they’re taken in context. And for anyone trying to decide when to list or when to buy, the Market Temperature graph offers something the sale-price charts don’t: an early read on where negotiating conditions may be heading. In most markets, that signal tends to arrive before the shift shows up in what homes actually sell for, so it’s worth keeping an eye on it.

Follow your local Market Temperature and other data on our Market Trends pages, such as this Metro Vancouver page, this GTA page, and this Greater Calgary page.

The post Where is the market heading? Our interactive Market Temperature charts can help predict home prices appeared first on HouseSigma.

HouseSigma data analysis has found that every major home type posted a year-over-year price decline in February 2026, with detached homes down 5.5%, attached houses down 3.2%, and condo-apartments falling 6.2%.

So why is the overall median down 1.6% when each individual category is down 3–6%? It comes down to mix: there were proportionally more detached home sales in the mix this February compared to last year, and detached homes are the most expensive category. That pushes the blended average up even as prices within each type fall. In other words, the headline is actually masking how much softer the market is than it appears.

Sellers are negotiating — on every type of home

Lower prices aren’t the only advantage that Greater Calgary buyers have right now. Across all three home types, the median sale price has consistently been coming in below the asking price — and that gap has been widening consistently from a year ago. The infographic below shows detached homes in February at a median discount of 1.8% from the list price. That figure for attached homes is 2% off list price, and 3.1% off for condos. All three of those discount percentagess are greater than they were a year ago.

On a $680,000 detached home, a 1.8% discount means roughly $12,000 off asking. On a $305,000 condo, a 3% gap is close to $9,000 in savings. This makes the data a useful starting point for negotiating.

More than 80% of homes in the Greater Calgary region sold below their list price in February. That’s a higher proportion than the overall percentage across 2025, which was 78%, but it’s less than January’s 85%. This is in line with the rising seasonal activity in February compared with January, and could suggest the negotiating power is waning.

Although homes are still taking longer to sell than they were a year ago, a look at HouseSigma’s Greater Calgary Market Trends page shows that homes in February were not sitting on the market as long as they have been, with the pace of sales increasing in February.

What this means for Greater Calgary spring buyers

The February data tells a consistent story across price points:

• Prices are 3–6% lower than they were a year ago, dropping across every home type
• Sellers are consistently accepting offers below asking and the discount has been growing
• The wide-open window for negotiation may close if the spring market continues to gather pace

Raj Sandhu, a leading HouseSigma agent in Calgary, said, “From what I’m seeing on the ground, buyers have more leverage right now than they did last year. Inventory has improved and many homes are taking a long time to sell, so negotiations and sale prices below list are becoming more common. That said, well-priced homes are still moving quickly. If we see the usual spring increase in demand, it could tighten conditions again and reduce some of the negotiating room buyers currently have.”

Check out the interactive Greater Calgary PriceWatch infographic, below, which has more price breakdowns by geography and home type.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Infographic: Greater Calgary home prices fell harder than it seemed, but will spring market close the gap? appeared first on HouseSigma.

Property type: Year over year, City of Calgary median detached sales have barely dipped (-2.4%) and buyers are still competing for houses, whereas attached and condo sales numbers both fell by around 25% over 12 months. The upper arm of the K is shown by detached homes, still thriving, compared with the lower arm of attached homes and condos, dropping in sales volumes. Price declines tend to lag dropping sales volumes as inventory builds up, so we expect to see steeper price drops in condos and attached homes in the coming months, compared with detached homes.

Geography by quadrants: Thriving parts of the city are the South-West (where median sale prices in January were up 7.2% year-over-year) and North-West (+2.4%), while the South-East (-5.8%), North-East (-2.3%) and condo-heavy city central core (-3.6%) flounder.

Where the two (home type + geography) intersect: The South-West quadrant is the most detached-heavy, higher-income part of the city, so it benefits on both the property type and the geography aspects. Calgary’s central core and North-East are where condo and affordable multi-family concentrate, so that’s pulling those areas down.

A tale of two market realities: All the above means today’s detached home buyer in South-West Calgary is living in a real estate market where prices are robust and competition for homes is still real. Whereas a condo buyer in the Inner City or North-East is living in a world where prices are down and inventory is piling up, giving the buyer the advantage in a struggling market. Same city, same month, two different realities.

CREB stats support this data: CREB’s January 2026 figures on sales volumes and prices mirror the above. They also show detached homes at just 2.67 months of supply (a seller’s market) versus condo-apartments at 5.26 months (balanced but leaning towards a buyer’s market), and North-East condo-apartments at nearly 13 months (deeply distressed). Not to mention there are 26,000 units under construction that will mostly hit the already-oversupplied condo segment. The K shape to this market doesn’t look like it will resolve any time soon. 

Sale versus listing prices: When looking at how much Calgary buyers paid in January 2026 compared with the final listing price, the South-West is worth noting. Even though HouseSigma data shows its median discount is moderate at -2.11%, it has by far the highest share of over-asking sales at 14% and the lowest share of under-asking sales at 80.3% (see infographic below). That’s where the bidding wars are happening, which lines up with the South-West being the strongest quadrant on price growth.

The wider Greater Calgary region: Zooming out on the wider region and including other municipalities from Chestermere to Canmore, the K-shape shows up in the sales versus listing price analysis again. Detached homes across the region have the tightest gap — sellers are only giving up about 2% on average, and nearly 1 in 5 detached sales went at or above asking (18.4% combined). Condos are a different story entirely — the typical condo sold 3.2% below asking, and fewer than one in 12 went over asking (3.6%). Over 91% of condo sales closed below list price.

Raj Sandhu, a leading HouseSigma agent in Calgary, said, “Detached homes, especially in the SW, still have real competition and confidence behind them, while condos are sitting longer and buyers know they have leverage. Until supply balances out, that split is going to stay with us.”

Looking at the extreme individual outliers in sale versus listing price, the Greater Calgary home that sold in January for the most over asking price, by dollar amount, was this pretty bungalow in a highly sought-after Roxboro location. it went for $201,100 over its near $1.6 million price tag — we’re guessing this could have been a developer bidding war. By percentage, the highest gain was a 23% premium paid for this modern West Springs house with an unfinished renovation, which had been listed for $650,000 but sold at $800,000.

At the other end of the scale, the biggest price haircut was seen by this large Pump Hill house, which gave the buyer a $288,777 discount off its $2,888,777 asking price. That was not the largest percentage decline, which went to a modest bungalow in Parkhill that was clearly sold for its lot. It went for $760K, more than 23% off its $895K list price.

Check out the overall Greater Calgary January PriceWatch infographic below for more details on home prices and regional breakdowns.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Infographic: In Calgary’s K-shaped real estate market, some parts thrive while others dive appeared first on HouseSigma.

But what exactly does $500K buy you? Are we talking condos only, or townhouses? And are there any areas where $500K will stretch to a detached house, or a home with four bedrooms?

To find the answers to these questions, we analyzed current listings in Calgary’s inner city, suburban quadrants, and further-afield municipalities. We profiled typical $500K homes and found current listing examples in each area, so you can see how much bang you can get for your buck.

Raj Sandhu, a leading HouseSigma agent in Calgary, said, “In today’s Calgary market, $500,000 is a true transition price point. It can mean a well-located condo, a modern townhouse, or a modest detached home, depending entirely on where buyers choose to compromise on space, age, or proximity to the city. Either way, it’s a trade-off.”

Check out the regional property profiles and sample listings below (all active listings at publication on January 27, 2026), and let us know if the results surprised you!

Inner-City Calgary

Inner-city condos at $500K are typically two-bedroom units, 900-1,100 square feet, mostly built in the late 2000s to mid-2010s. Beltline dominates inventory due to the condo construction boom in the area. Expect to pay $450-$550/sqft — you’re paying for walkability and urban lifestyle.

Typical listing: Unit 2305 – 433 11 Avenue SE

A two-bedroom, two-bathroom unit in the Arriva building, this condo is located near the future Flames arena and Calgary’s entertainment district. It is 1,018 square feet and was built in 2008. It has a small balcony with an epic city view. The building offers a 24-hour concierge/security, central air conditioning, guest suites, an owner’s lounge, and pet-friendly living.

Calgary North-East

Typical for the North-East quadrant at around $500,000 are smaller two-bedroom homes from the 1980s, usually bungalows, and generally under 1,000 square feet. Note the higher price-per-square-foot ($530-$600) than inner-city condos, because you’re paying for land and a detached structure, not just building size.

Typical listing: 139 Castledale Way NE

This is a detached home located on a quiet street in Castleridge. It is a split-level bungalow with an open-concept layout, three bedrooms, and two bathrooms. It was built in 1987 and is a modest 847 square feet. The lower level has a family room with a wood-burning fireplace, the third bedroom, a full bathroom, and a dedicated laundry area.

Calgary South-East

The South East gives buyers with $500K two distinct paths — newer townhouses in communities like McKenzie Towne, Auburn Bay, and Cranston with 1,100-1,300 square feet of living space, or older, smaller, but detached homes in established areas like Ogden, Erin Woods, and Forest Lawn. Our representative listing is typical of the former.

Typical listing: 63 Elgin Meadows Park SE

This bright townhome, which was built in 2012, has 1,283 square feet of living space on two finished storeys, plus there’s an unfinished basement. The kitchen has granite countertops, stainless steel appliances, a corner pantry, and a custom coffee bar. The home offers dual primary bedrooms, both with ensuite bathrooms, as well as a third bathroom, and a den. It is also a stone’s throw from the Nature Reserve.

Calgary North-West

North West townhouses at this price point tend to be slightly larger (1,350-1,600 square feet) with improved value at typically $300-$370/sqft. Neighbourhoods such as Sage Hill, Evanston, and Royal Oak deliver the best examples of the typical NW $500K purchase — two-bed units around 10-20 years old.

Typical listing: 156 Royal Manor NW

This 1,423-square-foot, 22-year-old townhome is in Royal Oak, close to the C-Train station and local amenities. The main level has open-concept living, along with a den and powder room, while upstairs there is a primary bedroom with ensuite, another bedroom, family bathroom, and a media area that could be converted to a third bedroom.

Calgary South-West

For $500K in the South West, townhouses cluster around 1,250-1,400 square feet, often newer construction. Shawnee Slopes and Springbank Hill offer good value, while Aspen Woods commands a premium. Expect to pay $350-$420/sqft.

Typical listing: 305 Shawnee Square SW

This new townhome was built in 2025, with more than 1,300 square feet of living space. It has a double attached garage, as well as dual primary bedrooms, both with en-suite bathrooms and walk-in closets. The kitchen has sleek cabinetry, white quartz countertops, and stainless steel appliances. The home has LVP flooring throughout and an upper-floor laundry.

Chestermere

Chestermere at the $500K price point offers the newest homes in the region (averaging three years old) and of course, they are almost all townhouses. But inventory at this budget is limited, with only 6% of the current Chestermere market accessible for around $500K.

Typical listing: 3586 Chestermere Boulevard

This freehold, street-facing townhome is located in Phase 2 of the Clearwater Park community in Chestermere, and was completed in 2025. It has three bedrooms, three bathrooms, and an upgraded appliance package in the open-plan kitchen. It is located near Clearwater Park’s resident-exclusive community centre and is close to retail stores.

Airdrie

For a $500K budget, Airdrie offers the most inventory outside of Calgary proper, with 14.8% of the current market accessible at this price point. The homes are typically newer but not brand-new townhouses, at around 10 to 15 years old.

Typical listing: 1012 Windsong Drive SW

This 1,500-square-foot, end-of-row townhome was built in 2011, but has modern updates and is move-in-ready. The upper level has new laminate flooring and updated lighting, and there’s a brand-new washer and dryer set. Upstairs, in addition to two bedrooms, there is a spacious media area that leads to a balcony. There’s also a finished basement that is being used as a gym.

Cochrane

For around $500K in Cochrane, nine out of 10 listings are townhouses, but newer at an average of eight years old — and, of course, you have that scenic mountain-adjacent location.

Typical listing: 165 Sundown Road, Cochrane

This is a nine-year-old, three-bed, three-bath, three-level, freehold townhome with no condo fees. The main living space is on the second floor and has a spacious kitchen with a large island, quartz countertops, and stainless steel appliances. It also features a dining area and a family room that leads out to a deck with a gas line for a barbecue.

Strathmore

For this smaller budget, Strathmore is one of the areas that gives you the best shot at a detached house, as 68% of $500K-ish homes are detached. However, they tend to be older and smaller. So, if you want something newer and upwards of 1,300 square feet, you might have to share a wall with a neighbour.

Typical listing: 5 Greenview Way, Strathmore

This 1,062-square-foot detached home from 1992 boasts a living room with large front window, and a kitchen with oak cabinetry, updated hardware, and newer appliances. The home has three bedrooms and a full bathroom on the main floor. The fully developed basement offers an additional bedroom, two flex spaces, and another full bathroom.

Okotoks

Okotoks is another spot where you could get a detached home for $500,000, but you might have to be lucky at that price. Across the whole Okotoks current inventory, about three-quarters of homes are detached, but the homes are older and, more importantly, less than 6% of the market is accessible at the $500K price point. But some homes are there, if you look for them.

Typical listing: 25 Westfall Drive, Okotoks

This pretty, four-bed, two-bath home has 1,343 square feet of living space, located on a corner lot in the Westridge community in Okotoks. The main level of the home features a bright, open-concept dining and kitchen space with an abundance of natural light, a semi-open-plan living area, and three bedrooms. There’s also a one-bedroom basement with a separate entrance.

High River

High River offers the highest proportion of detached homes among current listings (79%), but also the oldest homes (42 years old on average) and is further away from Calgary. For those who don’t need to commute into the city, it’s a good option for a family home at around $500,000.

Typical listing: 406 8 Avenue SE, High River

This 1940-built bungalow has been stylishly renovated and offers 1,352 square feet of finished living space with four bedrooms and two bathrooms. The main level features two bedrooms, an upgraded bathroom, a dining room, and a kitchen with brand-new cabinets and hardware, upgraded appliances, and a walk-in pantry. The basement has two bedrooms and a bathroom, as well as an unfinished area with roughed-in plumbing that could be an additional suite, but would need the appropriate building permits.

Olds

Olds offers the best value overall, with 78% of current listings being detached homes, but it’s nearly an hour’s drive from Calgary. If it’s more space and less bustle you’re looking for, Olds can offer some great properties for around $500,000.

Typical listing: 5412 61 Avenue, Olds

This detached home has two bedrooms on the main floor, and two additional bedrooms downstairs. The semi-open-plan main living space has a vaulted ceiling, and the basement adds a recreation room. The well-proportioned primary bedroom has a walk-in closet and a three-piece ensuite. There’s also a large garage, and it’s all on a generous corner lot.

Canmore

Here’s a curveball. Canmore is both a geographical and market-condition outlier among this group, but it’s still within HouseSigma’s Greater Calgary region, so we’re including it. Of course, $500K gets you much less in this desirable mountain resort town — typically a small condo — and only 2% of current inventory is around this price point. But for those who have around $500K to spend on a unit, whether to live in or to rent out (subject to zoning) for a high price while living elsewhere, there are a handful available.

Typical listing: 212B – 1 Industrial Place, Canmore

This west-facing, one-bedroom, loft-style home offers just over 605 square feet of living space, with an open layout, high ceilings, and mountain views to each side of the covered balcony. The home is steps from schools, the Canmore Arena, Canmore Golf & Curling Club, and the skate park.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Starter condos to family homes: What $500K buys you in Calgary and the wider region appeared first on HouseSigma.

Although the Calgary Real Estate Board reported that their average benchmark home price fell 2% in 2025, HouseSigma’s calculation of the median price of all home sales in the region last year was up 2.3% compared with 2024, at $578,000.

This correlates to the board’s report that there was a much steeper decline in condo sales in 2025 than in other home types, and a higher proportion of detached and attached home sales would push up the median price. The board also reported an increase in the benchmark (typical) price of detached homes, which would raise the total median sale price still further.

HouseSigma also examined how much over, or under, Greater Calgary homes sold for versus their final listing price last year. The median difference was 1.78% lower than the home’s list price, with 78% of homes selling under asking and 14% for more than the asking price. The middle 50% of sales fell between -3.18% and -0.46% of list price, meaning most deals clustered close to asking.

Of course, some of the extreme outliers to this trend can often tell the most interesting stories. The home that sold the most over asking, by dollar value, was this stunning Canmore home, on which the listing agent used an auction to get $372,558 over the final asking price, for a sale at $3,673,000. In terms of highest percentage over asking, this redevelopment opportunity in Calgary’s Altadore neighbourhood sold for 35.3% over its $850,000 asking price at $1.15 million.

At the other end of the scale, the home that sold the most under asking price in terms of dollars was a luxury Crescent Road property that hit our top 10 priciest Calgary home sales in 2025 article, despite selling for $1.728 million under list. And by percentage terms, the most under asking went to a rundown investment property in Highwood, which sold for 36.8% less than its $692K asking price.

Check out the 2025 Greater Calgary PriceWatch infographic below for more full-year price statistics, including breakdowns by municipality.

Keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Infographic: Greater Calgary median home sale prices hold fast in 2025 while other cities tumble appeared first on HouseSigma.

At HouseSigma, we found that the most expensive home sold in the Calgary CMA this year was a stunning 2023-built home on Crescent Road, which went for $8.775M back in April. This detached house is the winner of the 2023 Best Canada Custom Home Award, and boasts incredible finishes, sweeping city views, and a circular glass elevator for that extra wow factor!

Check these luxurious properties out below, then head to our home page to see more sold and for-sale homes in your area, where you can filter by price and many other attributes.

1. Crescent Road award-winner: $8.775M

914 Crescent Road NW: This designer house on Rosedale’s coveted Crescent Road was built in 2023, and won that year’s award for Canada’s Custom Home Build of the Year. Check out the listing photos to ogle at the fabulous finishes and that awesome glass elevator.

Details: 4 bed, 5 bath • 6,418 sq ft • Built 2023 • Sold April 22, 2025

2. Rosedale bougie house: $7.16M

102 Crescent Road NW: Also on desirable Crescent Road, this is an elegant 2004-built home with a stunning atrium and spiral staircase, as well as lots of other lovely features. Its value has been a rollercoaster, however, having sold back in 2015 for $9 million on the nose, then again in 2020 for $6 million.

Details: 6 bed, 7 bath • 6,929 sq ft • Built 2004 • Sold March 5, 2025

3. Coach Hill development opportunity: $6.963M

7010 11 Avenue SW: This is the sale of a five-acre land parcel that has a smaller 1960s home on the property, so it qualifies for our list of most expensive homes sold in 2025 – theoretically. We’re sure some developer has snapped up the land for new construction of multiple dwellings, and that 1965 house is destined for the wrecking ball.

Details: 2 bed, 6 bath • 2,949 sq ft • Built 1965 • Sold August 19, 2025

4. Regal Mount Royal mansion: $6.35M

930 Prospect Avenue SW: Our favourite from this list is a 113-year-old mansion in Mount Royal that wouldn’t look out of place in Italy, with those garden terraces and a resort-style pool area. The interior is a gorgeous mix of modern finishings and fixtures with restored old-world charm. The owners tried to sell last year for $8.99 million, but listings expired three times before the sale for $6.35M in October this year. Fun fact: public records also show the house sold in December 1969 for a mere $29,012.

Details: 5 bed, 5 bath • 5,322 sq ft • Built 1912 • Sold October 24, 2025

5. Rocky View estate: $5.6M

237 Escarpment Drive: This property is both a 20-acre estate with sweeping views of the Rockies, and an architecturally striking 1970s home. Some of the interior design is… interesting, to say the least! But you can’t deny the architectural significance – or that incredible land with its vistas, natural pond, stream, and woodland.

Details: 4 bed, 5 bath • 4,467 sq ft • Built 1974 • Sold October 17, 2025

=6. Bel-Aire fit for a prince: $5.4M

1020 Bel-Aire Drive SW: This is another 1970s house, although a very different style to our #5 entry, and clearly renovated. We figure you have to be pretty fancy to live in this Bel-Aire bungalow, with all its opulent details. Public records show it last sold back in 2011 for $5M exactly – a surprisingly similar figure to the latest sale.

Details: 5 bed, 7 bath • 4,038 sq ft • Built 1972 • Sold October 23, 2025

=6. West Springs palatial home: $5.4M

980 101 Street SW: Also sold for $5.4M this year, this sprawling home is much bigger than the above entry, thus much cheaper per square foot. The huge home was built in 2012 but, despite being 13 years old already, has ultramodern interiors that include a 1,600-bottle wine room.

Details: 6 bed, 9 bath • 9,032 sq ft • Built 2012 • Sold June 18, 2025

8. Springbank Hill house: $5.325M

9 Elveden Drive SW: This is a pretty 1993 home with 2.65 acres of land in Springbank Hill. This listing describes it as an elevated site with “outstanding future development potential along with panoramic views, backing directly onto six acres of designated municipal reserve.” We can’t help but wonder if the developer will keep the original house intact, and build around it.

Details: 5 bed, 5 bath • 3,075 sq ft • Built 1993 • Sold July 22, 2025

9. Panoramic property: $5.25M

27 Westbluff Court: Another Rocky View County home, this one was built in 2018 and has incredible views, as well as two acres of land. The house is fully fitted out with high-end finishes and amenities, as well as soaring ceilings with endless natural light.

Details: 5 bed, 7 bath • 4,360 sq ft • Built 2018 • Sold May 1, 2025

10. Bearspaw Pointe rancher/arena: $5.1M

76 Bearspaw Pointe Way: Somewhat different from the others on this list, this is more than just a home. It’s also a 20-acre property in Rocky View County with a multipurpose equestrian-style arena, so it can also be a ranch or similar business. The 1997 home’s interior includes a barrel-vault ceiling, a massive fireplace, and a hidden loft library.

Details: 4 bed, 5 bath • 3,043 sq ft • Built 1997 • Sold May 20, 2025

Keep your eye on our Alberta blog page to stay up to date with market trends and remarkable listing stories.

The post Award-winners to teardowns: Calgary’s 10 most expensive home sales of 2025 appeared first on HouseSigma.

Here, we round up the current most expensive home listings for sale in Calgary, as of November 25, 2025 – plus what the previous sale price was. You’ll see they range from ornate mansion-style homes, to architecturally breathtaking structures, to glamorous penthouses, and more besides.

The most expensive home for sale in Calgary right now is listed at $13.5 million. Although that’s a lot of money, it’s still way lower than Metro Vancouver’s most expensive properties! This proves that, even at the luxury end of the market, the value is better in Calgary.

Check these luxurious listings out below, then head to our home page to see more listings in your area, where you can filter by price and many other attributes.

1. Rosedale new-build mansion: $13.5M, up from $4.6M

732 Crescent Road NW, Calgary: This stately house on Rosedale’s coveted Crescent Road was built only a few years ago, in 2022, three years after the site was sold for $4.6 million. The exterior may seem formal and reserved, but the interior is whimsically (and expensively) designed with an Alice in Wonderland-inspired theme. The new asking price may be $8.9 million more than the seller’s original purchase price, but we’re sure that millions went into the build and furnishing of this home.

Details: 6 bed, 10 bath • 8,778 sq ft • Built 2022 • Property taxes 2025: $49,381 • Listed May 15, 2025

2. Neo-classic in Eagle Ridge: $10M, up from $1.87M

126 Eagle Ridge Drive SW: This is an Eighties-built neo-classical home in Eagle Ridge that was listed on October 31 this year, for the first time in 18 years. Plenty of treats in this grand house, including a sweeping staircase and terraced gardens. The trick? They want $10 million for it, which is a generous $8.13 million above the seller’s 1997 purchase price. If achieved, that’s a rise of 435%, or more than five times the 1997 purchase price, without making any drastic changes to the property.

Details: 5 bed, 8 bath • 7,631 sq ft • Built 1988 • Property taxes 2025: $48,577 • Listed Oct 31, 2025

=3. Princeton Way penthouse: $7.5M, up from $2.91M

Unit 1201 – 690 Princeton Way SW: An undeniably glamorous penthouse suite with three levels and massive ceilings, this is Calgary’s most expensive condo currently for resale, at $7.5 million (not including any pre-construction luxury units). The building was completed in 2002, and this unit last sold for $2.91 million in 2012. The owner is hoping to make a return of nearly $4.6 million over the past 13 years – not including any renovation funds spent, of course.

Details: 2 bed, 6 bath • 4,082 sq ft • Built 2002 • Property taxes 2025: $20,271 • Listed July 10, 2025

=3. Architectural achievement: $7.5M, up from $1.64M

1308 Montreal Avenue SW: Our favourite from this list is a stunning architectural home designed by renowned Calgary architect Jeremy Sturgess. This home, called Montreal House, was a 2021 World Architecture Finalist and is now for sale at $7.5 million. The property was previously purchased in 2015 for $1.64 million, according to the land registry, but we can’t imagine how much this design and build must have cost.

Details: 5 bed, 4 bath • 3,998 sq ft • Built 2015-18 • Property taxes 2025: $30,407 • Listed Sept 12, 2025

5. Eagle Ridge luxury bungalow: $7.25M, up from $275K(!)

40 Eagle Ridge Place SW: The second in our list located in Eagle Ridge, this sprawling 1971-built single-storey house is not only a well-appointed family home, but also has a tonne of additional land with development potential. We guess this benefit, along with the fact that this home hasn’t been sold since 1976, means the owner can ask $7.25 million for it – 26 times the $275,000 the owner bought it for, back in the 70s! We’re sure they’ve put a lot of money into renovation since then, however.

Details: 5 bed, 7 bath • 5,434 sq ft • Built 1971 • Property taxes 2025: $31,148 • Listed Sept 11, 2025

Keep your eye on our Alberta blog page to stay up to date with market trends and remarkable listing stories.

The post Calgary’s top 5 priciest home listings – and how much they were previously bought for appeared first on HouseSigma.