Calgary Inner-City Real Estate Market Report – October 2026

The Calgary Inner-City real estate market in October continued to demonstrate varying conditions across property types. Detached and semi-detached homes maintained positive year-over-year benchmark price growth, while row homes and apartments continued to experience downward pricing pressure.

Detached homes experienced softer sales activity compared with the previous year, although benchmark pricing remained resilient. Semi-detached homes demonstrated stronger market conditions, with increased sales and tighter inventory levels. Row homes showed improved sales activity but continued to face elevated inventory and softer pricing, while apartments remained the most supply-heavy segment, with longer selling timelines and continued downward pressure on benchmark prices.

Detached

Detached homes in Calgary's Inner-City experienced softer sales activity in October compared with both September and October 2025. New listings declined, while inventory decreased slightly month-over-month but remained above year-ago levels. Months of supply increased compared with October 2025, indicating more available inventory relative to sales. Despite these conditions, benchmark pricing increased on both a monthly and annual basis. Average days on market remained unchanged from September but increased compared with the previous year, reflecting longer selling timelines.

Highest Sale: $4,200,000

Lowest Sale: $385,000

Semi-Detached

Semi-detached homes continued to demonstrate relatively strong market conditions in Calgary's Inner-City. Sales increased compared with both September and October 2025, while new listings and inventory declined. Months of supply decreased considerably on both a monthly and annual basis, indicating tighter market conditions and improved absorption. Benchmark pricing increased slightly from September and remained above year-ago levels. Average days on market also declined compared with both periods, suggesting faster selling timelines.

Highest Sale: $1,800,000

Lowest Sale: $410,000

Row

Row homes in Calgary's Inner-City demonstrated improved sales activity in October, with sales increasing compared with both September and October 2025. New listings and inventory declined month-over-month, contributing to a reduction in months of supply. However, inventory remained considerably higher than a year earlier, while benchmark pricing continued to decline. Average days on market improved significantly compared with September but remained above October 2025 levels, indicating that selling timelines continue to be longer than a year ago.

Highest Sale: $1,249,000

Lowest Sale: $217,000

Apartments

Apartment-style properties continued to represent the most supply-heavy segment of Calgary's Inner-City market in October. Sales declined slightly from September and remained below October 2025 levels. However, new listings and inventory decreased considerably on both a monthly and annual basis, contributing to improved months of supply compared with September. Despite these improvements, months of supply remained above year-ago levels, while benchmark pricing continued to face downward pressure. Average days on market increased compared with both September and October 2025, reflecting longer selling timelines.

Highest Sale: $1,720,000

Lowest Sale: $105,000

Calgary Inner-City Market Summary

The Calgary Inner-City real estate market in October continued to demonstrate clear differences between property types. Detached and semi-detached homes maintained positive year-over-year benchmark price growth, while row homes and apartments experienced continued pricing pressure. Inventory declined across all four property types compared with September, indicating improving supply conditions, although overall market performance remained segmented.

Detached sales declined from 106 in September to 104 in October and were 16.13% below October 2025 levels. Inventory decreased slightly month-over-month to 366 units but remained 7.02% higher year-over-year. Months of supply increased to 3.52, compared with 2.76 a year earlier. Despite softer sales activity, the benchmark price increased to $992,500, up 1.14% month-over-month and 2.12% year-over-year. Average DOM remained unchanged at 37 days compared with September but increased 15.63% from October 2025.

Semi-detached homes demonstrated stronger market performance, with sales increasing from 48 in September to 52 in October, representing an 18.18% increase year-over-year. Inventory declined to 146 units, down 8.18% annually, while months of supply decreased to 2.81 from 3.61 in October 2025. The benchmark price reached $961,000, up 0.37% month-over-month and 1.50% year-over-year. Average DOM improved to 35 days, down from 36 in September and 38 a year earlier, reflecting faster selling timelines.

Row homes experienced improved sales activity, with sales increasing from 36 in September to 43 in October, representing a 30.30% annual increase. Inventory declined from 165 to 155 units but remained 30.25% higher than October 2025. Months of supply decreased to 3.60, nearly unchanged from the 3.61 recorded a year earlier. The benchmark price declined to $554,300, down 2.10% month-over-month and 7.42% year-over-year. Average DOM improved considerably from 46 to 38 days but remained 18.75% higher than October 2025.

Apartment-style properties remained the most supply-heavy segment, although inventory declined from 819 in September to 727 in October, representing an 11.56% annual decrease. Sales declined slightly to 140 units and remained 16.67% below October 2025 levels. Months of supply improved to 5.19 from 5.77 in September but remained above the 4.89 recorded a year earlier. The benchmark price decreased to $295,000, down 0.97% month-over-month and 10.33% year-over-year. Average DOM increased to 58 days, compared with 57 in September and 51 a year earlier, reflecting continued challenges for apartment sellers.

Overall, Calgary's Inner-City market remains segmented, with detached and semi-detached homes demonstrating greater price resilience and relatively stable demand. Semi-detached properties experienced the strongest improvement in market conditions, supported by increased sales, declining inventory, and shorter selling timelines. Row homes showed improved sales activity and absorption but continued to face elevated inventory and declining prices. Apartments remained the most challenging segment for sellers, with higher months of supply, longer selling timelines, and continued benchmark price declines. While declining inventory across all property types suggests improving market absorption, pricing and demand conditions continue to vary significantly depending on the housing segment.