Original research · CalgaryListings Group

Calgary Condo Market Report

Calgary's apartment market moved differently from the rest of the city this year.

Reporting periodAugust 2025 – July 2026
Apartment sales4,501
Median price$300,748
Months of supply5.0
Published27 August 2026
The Local Read

Condo sellers keep comparing themselves to what detached did, and that is the wrong comparison this year. The two markets have separated. If you own an apartment you are competing against roughly five months of supply, not the four the city headline suggests, and against buyers who now have time to be fussy about fees, parking and the reserve fund. Price to the building you are actually in, not to the Calgary average.

Crystal Tost, REALTOR®, Calgary real estate since 1997

At a glance

The apartment market this year

4,501
Apartment sales
-21.0% year over year
$300,748
Median sale price
-6.6% year over year
51 days
Days on market
vs 35 for detached
1,892
Active listings
at time of extraction
5.0 mo
Months of supply
vs 4.0 city-wide
Calgary apartment sales fell while detached sales grew
Apartment -21.0% · Detached +1.0%
Sales volume, August 2025 – July 2026 vs August 2024 – July 2025
Source: MLS® sales data
CalgaryListings Group analysis

Building-level detail for individual complexes is on our Calgary condo directory. This report deliberately stops at community level: single buildings rarely record enough sales in a year to support a reliable median.

Like-for-like

Where apartment values fell most

Apartment medians compared against apartment medians, so a change in the mix of property types cannot create a false movement. Minimum 12 apartment sales in each period.

Calgary communities with the largest decrease in apartment median sale price.
CommunityMedian 2025Median latestChangeSalesDays on market
Killarney/Glengarry$292,500$222,463-23.9%1641
Edgemont$280,000$217,500-22.3%1861
Dover$258,500$205,000-20.7%2552
Red Carpet$245,000$195,000-20.4%1454
Saddle Ridge$312,000$248,750-20.3%3064
University District$500,000$402,500-19.5%5464
Belvedere$339,500$276,000-18.7%2460
Bankview$241,000$196,000-18.7%5352
Signal Hill$395,000$322,000-18.5%6235
Chaparral$325,000$265,500-18.3%1225
Royal Oak$315,000$257,500-18.3%2744
Somerset$295,000$245,500-16.8%4554
The exceptions

Where apartment values held or rose

A minority of communities went the other way, and the pattern is worth noting: several are established inner-city locations rather than new build.

Calgary communities where apartment medians rose.
CommunityMedian 2025Median latestChangeSalesDays on market
Mission$318,000$389,000+22.3%9342
Tuscany$417,500$475,000+13.8%2749
Eau Claire$444,580$480,000+8.0%6569
Evergreen$308,000$330,000+7.1%5336
Currie Barracks$383,500$410,500+7.0%3834
Patterson$311,350$330,000+6.0%2652
West Springs$460,000$487,500+6.0%3665
Sunalta$216,250$221,850+2.6%3845
How this was made

Methodology

Data source
MLS® sales and active listing data accessed via Repliers; Calgary board data originates with Pillar 9™. Analysis by CalgaryListings Group. This is not CREB® data and does not reproduce CREB® benchmark figures.
Reporting period
August 2025 – July 2026, compared against August 2024 – July 2025.
Property type
Apartment condominiums only. Row/townhouse condominiums are a separate property type and are not included here.
Minimum sample size
A community appears in the price tables only where there were at least 12 apartment sales in both periods. Communities below that are excluded rather than shown with an unreliable figure.
Median, not benchmark
Median sold price — the midpoint of completed sales. Not a CREB® benchmark, which is an MLS® Home Price Index construct, and not an average.
Months of supply
Active listings at the extraction date divided by average monthly sales over the period. Inventory is a point-in-time snapshot against a twelve-month flow, so it indicates conditions rather than forecasting absorption.
Limitations
Pre-construction and assignment sales that never appear on MLS® are excluded, which understates activity in newly completed buildings.
Cite this data

Free to cite and quote. Attribution appreciated, no link required.

Report: Calgary Condo Market Report
Reporting period: August 2025 – July 2026
Underlying source: MLS® sales data
URL: https://www.calgarylistings.com/calgary-condo-market/

Suggested attribution:

CalgaryListings Group analysis of MLS® sales data, Calgary Condo Market Report (August 2025 – July 2026). https://www.calgarylistings.com/calgary-condo-market/

Journalists can request the underlying figures or comment through our media page.