Real Estate Report: Calgary Market Opens 2026 with Inventory Growth

THE DAILY PULSE

• Daily Sales: 19
• New Listings: 36
• Net Inventory Change: +17 units
• Daily Average Price: $642,774

Today's activity, characteristic of a holiday period, saw new listings outpace sales, contributing to overall inventory growth. The Daily Average Price of $642,774 is notably higher than the current Daily Median Price of $559,500 and the November 2025 Benchmark Price of $559,000. This often indicates a higher proportion of luxury or premium property sales on this specific day, rather than a broad market surge in property values.

So What? For buyers, today's daily activity, though light, means there were more homes added than sold. This slight immediate increase in options, while minimal, is a positive sign for selection. For sellers, properties need to be competitively positioned to capture buyer attention amidst increasing selection.

MONTHLY TRENDS

• Month-to-Date Sales: 19
• Month-to-Date New Listings: 36
• Current Total Active Inventory: 3,910 units

January 2026 kicks off with new listings continuing to outpace sales, a trend that is building inventory. The current active listings stand at 3,910 units. While significantly lower than the November 2025 peak of 5,581 units, this figure represents a substantial increase compared to 2,989 units in December 2024 and 3,639 units in January 2025, signaling a sustained shift towards more buyer choice as the market progresses into the new year.

So What? Sellers entering the market will face increasing competition from a growing pool of available homes. Strategic pricing, exceptional presentation, and proactive marketing are crucial to stand out in a market where buyers have more time and options.

THE BIGGER PICTURE (YoY)

Calgary's market is transitioning, marked by a significant increase in inventory and moderating price growth year-over-year. Looking back at late 2025, the market experienced a 13.6% decline in sales and a 28% rise in inventory compared to the previous year. This growth in available homes is a stark contrast to recent years, with current active listings (3,910) nearly double the January 2024 levels (2,150).

Despite a marginal year-over-year price increase in late 2025, the market saw a monthly decrease in the November 2025 Benchmark Price ($559,000) from October ($572,800), indicating a cooling in rapid appreciation. Mortgage rates remain relatively stable, with the average 5-year fixed conventional rate holding at 4.71% this week.

So What? Buyers can approach the market with less urgency, benefiting from increased selection and moderating price trends. The stable mortgage rates offer a predictable financing landscape, allowing for more strategic long-term planning and potentially better negotiating power.