Calgary Inner City Real Estate Market Report – August 2026

The Calgary Inner City real estate market in August continued to demonstrate varying conditions across property types. Ground-oriented housing remained relatively balanced, with detached and semi-detached homes showing greater price stability compared to the row and apartment segments.

Detached and semi-detached homes continued to demonstrate resilience, with benchmark prices remaining above year-ago levels. Row homes experienced increased inventory and softer pricing, while apartments remained the most supply-heavy segment, with elevated months of supply and continued downward pressure on benchmark pricing.

Detached Homes

Detached homes in Calgary’s Inner City continued to perform relatively steadily in August. Sales activity declined modestly from July, while inventory and months of supply increased. Benchmark pricing remained resilient, increasing both month-over-month and year-over-year. Average days on market increased, indicating slightly longer selling timelines.

Highest Sale: $5,250,000
Lowest Sale: $425,000

Semi-Detached Homes

Semi-detached homes continued to demonstrate relatively balanced conditions in Calgary’s Inner City. Sales declined modestly from July, while new listings and inventory increased. Months of supply also increased, providing buyers with additional choice. Despite softer monthly conditions, benchmark pricing remained above year-ago levels.

Highest Sale: $1,750,000
Lowest Sale: $510,000

Row Homes

Row homes in Calgary’s Inner City experienced softer market conditions in August. Sales declined while new listings and inventory increased from July, contributing to higher months of supply. Benchmark pricing continued to soften, and average selling timelines increased.

Highest Sale: $1,800,000
Lowest Sale: $295,000

Apartment Homes

Apartment-style properties continued to represent the most supply-heavy segment of Calgary’s Inner City market in August. Sales activity declined significantly from July, while inventory remained elevated despite a monthly decrease. Months of supply increased considerably, contributing to continued downward pressure on benchmark pricing. Average days on market improved slightly from July but remained elevated.

Highest Sale: $1,337,000
Lowest Sale: $125,000

Calgary Inner City Market Summary

The Calgary Inner City market in August continued to show clear differences between property types. Detached and semi-detached homes remained the more resilient segments, supported by positive year-over-year benchmark price growth, while increasing inventory and months of supply provided buyers with greater choice.

Detached sales declined modestly from July, while inventory increased slightly and months of supply rose from 3.59 to 3.84. Despite the increase in supply, the benchmark price reached $995,700, up 0.37% month-over-month and 2.24% year-over-year. Average DOM increased from 34 to 39 days.

Semi-detached homes also experienced softer conditions, with sales declining and new listings increasing. Months of supply rose from 3.07 to 3.56, while the benchmark price declined slightly month-over-month to $965,700 but remained 2.09% above year-ago levels. Average DOM increased from 30 to 32 days.

Row homes experienced increased supply and softer pricing. Inventory rose from 142 to 151 units and months of supply increased from 3.94 to 4.72. The benchmark price declined to $574,100, down 0.52% month-over-month and 3.29% year-over-year. Average DOM increased from 40 to 43 days.

Apartment-style properties remained the most supply-heavy segment. Sales declined from 161 in July to 110 in August, while months of supply increased sharply from 5.42 to 7.58. The benchmark price declined to $303,500, down 0.30% month-over-month and 7.53% year-over-year. Average DOM improved slightly, declining from 55 to 54 days.

Overall, Calgary’s Inner City market remains segmented, with detached and semi-detached homes demonstrating greater price stability while row and apartment properties face increased supply and greater pricing pressure. Buyers have increased choice across several property types, making competitive pricing and strong presentation increasingly important for sellers.