Calgary Real Estate Market Report, January 2026

Sales started the year 15 per cent below last January, led lower by higher-density homes.

Figures published by CREB on February 2, 2026.

What the numbers say

Calgary reported 1,234 sales in January, down 15 per cent from last year but in line with typical activity for the month. Inventory rose to 4,391 units, the highest January level since 2020, pushing months of supply up to 3.56. The benchmark price was $554,400, down 5 per cent year over year, with row and apartment homes seeing the steepest declines while detached and semi-detached prices held closer to last January's levels.

“Following the typical December slowdown, potential buyers for high-density homes were more hesitant to return to the market in January, as increased supply choice across all aspects of the market has reduced the sense of urgency. At the same time, sellers were quick to bring their listings onto the market, causing the sales-to-new-listings ratio to drop to 44 per cent, mostly due to shifts in apartment and row-style homes. Overall, this is not entirely uncommon for January, as both buyers and sellers weigh their options ahead of the spring market.”

By property type

All figures on this page are published by CREB and are reproduced here with attribution. Source: CREB market report for January 2026 and the monthly statistics package. Chabi is not affiliated with CREB.