February brought steady momentum to Calgary’s housing market, with balanced conditions and continued year-over-year price growth.
Key Market Stats (February 2026)
Sales: 1,526 (+11.2% Y/Y)
New Listings: 2,766
Sales-to-New-Listings Ratio: 55%
Inventory: 4,822 homes (+16.3% Y/Y)
Months of Supply: 3.16
Benchmark Price: $560,500 (+2.3% Y/Y)
Average Price: $627,841
Median Price: $565,000
What This Means
With just over three months of supply, Calgary remains in relatively balanced territory. Inventory levels have improved compared to last year, easing some of the extreme seller-favoured pressure seen in prior cycles.
Prices continue to trend upward, with the total residential benchmark price rising 2.3% year-over-year and 3.1% year-to-date. Detached benchmark pricing sits at $734,300 (+3.2% Y/Y), showing continued strength in the single-family segment.
Bottom Line: Calgary remains stable and healthy, with steady demand and moderate price growth heading into spring.