Calgary Inner City Real Estate Market Report – March 2026
The Inner City Calgary real estate market in March 2026 continues to show clear segmentation across property types. Supply, demand, and pricing trends vary significantly depending on the asset class. Ground-oriented housing remains relatively balanced, while higher-density segments continue to face elevated inventory and pricing pressure.
Detached and semi-detached homes are holding stable with moderate supply and relatively flat pricing. Row homes are trending toward more balanced conditions but are experiencing price softening. Apartments remain the most supply-heavy segment, with continued year-over-year price declines despite modest month-over-month improvement.
Pricing sensitivity remains elevated across all segments. Properties that are well-positioned continue to transact, while those that are not are seeing extended time on market.
Single Family Homes (Detached)
|
Mar 2026 |
Feb 2026 |
Mar 2025 |
MoM % Change |
YoY % Change |
|
|---|---|---|---|---|---|
|
Sales |
99 |
85 |
117 |
+16.47% |
-15.38% |
|
New Listings |
177 |
145 |
234 |
+22.07% |
-24.36% |
|
Sales to New Listings Ratio |
55.93% |
— |
— |
— |
— |
|
Inventory |
282 |
250 |
325 |
+12.80% |
-13.23% |
|
Months of Supply |
2.85 |
2.94 |
2.78 |
-3.06% |
+2.52% |
|
Benchmark Price |
$964,700 |
$967,800 |
$983,400 |
-0.32% |
-1.90% |
|
Average Days on Market |
33 |
30 |
30 |
+10.00% |
+10.00% |
|
Price Range |
|
|---|---|
|
Highest Sale |
$4,050,000 |
|
Lowest Sale |
$490,000 |
Detached homes saw an increase in activity compared to February, but remain below last year’s levels. Pricing remains stable, with slightly longer selling timelines indicating more negotiation and buyer selectivity.
Half Duplexes (Semi-Detached)
|
Mar 2026 |
Feb 2026 |
Mar 2025 |
MoM % Change |
YoY % Change |
|
|---|---|---|---|---|---|
|
Sales |
63 |
41 |
49 |
+53.66% |
+28.57% |
|
New Listings |
88 |
72 |
93 |
+22.22% |
-5.38% |
|
Sales to New Listings Ratio |
71.59% |
— |
— |
— |
— |
|
Inventory |
117 |
111 |
131 |
+5.41% |
-10.69% |
|
Months of Supply |
1.86 |
2.71 |
2.67 |
-31.37% |
-30.34% |
|
Benchmark Price |
$949,600 |
$951,400 |
$948,900 |
-0.19% |
+0.07% |
|
Average Days on Market |
36 |
46 |
32 |
-21.74% |
+12.50% |
|
Price Range |
|
|---|---|
|
Highest Sale |
$1,525,000 |
|
Lowest Sale |
$413,500 |
Semi-detached homes are the strongest-performing segment. Sales growth and tightening supply point to improving demand, while pricing remains stable and homes are selling faster than the previous month.
Row Homes / Townhomes
|
Mar 2026 |
Feb 2026 |
Mar 2025 |
MoM % Change |
YoY % Change |
|
|---|---|---|---|---|---|
|
Sales |
53 |
35 |
50 |
+51.43% |
+6.00% |
|
New Listings |
83 |
68 |
70 |
+22.06% |
+18.57% |
|
Sales to New Listings Ratio |
63.86% |
— |
— |
— |
— |
|
Inventory |
130 |
121 |
85 |
+7.44% |
+52.94% |
|
Months of Supply |
2.45 |
3.46 |
1.70 |
-29.19% |
+44.12% |
|
Benchmark Price |
$584,700 |
$594,400 |
$610,500 |
-1.63% |
-4.23% |
|
Average Days on Market |
39 |
33 |
22 |
+18.18% |
+77.27% |
|
Price Range |
|
|---|---|
|
Highest Sale |
$850,000 |
|
Lowest Sale |
$250,000 |
Row homes are moving toward more balanced conditions, but elevated inventory compared to last year is putting downward pressure on pricing and extending selling timelines.
Apartments (Condos)
|
Mar 2026 |
Feb 2026 |
Mar 2025 |
MoM % Change |
YoY % Change |
|
|---|---|---|---|---|---|
|
Sales |
167 |
144 |
234 |
+15.97% |
-28.63% |
|
New Listings |
398 |
312 |
466 |
+27.56% |
-14.59% |
|
Sales to New Listings Ratio |
41.96% |
— |
— |
— |
— |
|
Inventory |
738 |
634 |
762 |
+16.40% |
-3.15% |
|
Months of Supply |
4.42 |
4.40 |
3.26 |
+0.45% |
+35.58% |
|
Benchmark Price |
$308,800 |
$305,600 |
$348,200 |
+1.05% |
-11.31% |
|
Average Days on Market |
41 |
57 |
36 |
-28.07% |
+13.89% |
|
Price Range |
|
|---|---|
|
Highest Sale |
$2,150,000 |
|
Lowest Sale |
$160,000 |
Apartments remain the most supply-heavy segment. Sales are significantly lower than last year, inventory remains elevated, and prices continue to decline year-over-year despite improved activity compared to February.
Conclusion
March 2026 highlights a market that remains active but increasingly segmented across property types.
Detached homes are stable but operating below last year’s activity levels. Semi-detached homes are gaining momentum with tighter supply and strong sales growth. Row homes are adjusting to elevated inventory, impacting pricing and timelines. Apartments remain firmly in buyer-favoured territory, with declining prices and slower absorption year-over-year.
Strategic pricing and positioning are critical. In today’s Inner City Calgary market, outcomes are driven less by timing and more by execution at the property level.
- Written by Dylan Kisilowski
