The latest March 2026 data from CREB shows a clear shift underway in the Calgary real estate market. After several years of strong seller-favoured conditions, we are now seeing a move toward a more balanced environment.

Sales and Listings Decline

Total residential sales in Calgary were down approximately 12% year-over-year in March, with similar declines reflected in year-to-date numbers. New listings also declined, but at a slower pace, resulting in increased inventory levels across the city.

This shift is important. When inventory rises faster than sales, market conditions naturally begin to rebalance.

Inventory and Months of Supply Rising

Inventory levels increased by nearly 13% year-to-date, and months of supply rose to over 3 months in some segments of the market.

This is a notable change from the tight conditions we experienced over the past few years, where limited supply drove strong competition and price growth.

Prices Showing Modest Softening

The overall residential benchmark price in Calgary is down approximately 4% year-over-year. However, trends vary significantly by property type:

• Detached homes: Down roughly 3% year-over-year, showing relative stability
• Apartments: Down closer to 9%, reflecting more sensitivity to changing demand
• Row and semi-detached: Moderate declines between these ranges

While prices are softening, it’s important to note that they remain historically strong.

Days on Market Increasing

Homes are taking longer to sell, with days on market up over 20% compared to last year. This gives buyers more time to evaluate options and reduces the urgency that defined previous market conditions.

What This Means for Buyers and Sellers

We are no longer in an extreme seller’s market — but we’re not in a buyer’s market either.

Instead, Calgary is transitioning into a more balanced market where:

• Buyers have more choice and negotiating power
• Sellers need to be strategic with pricing and presentation
• Local market knowledge matters more than ever

Final Thoughts

This shift is healthy for the market overall. It creates more sustainable conditions and opportunities on both sides.

If you’re considering buying or selling, understanding how these trends impact your specific property type and neighbourhood is key.

Adrienne McGarvey REALTOR

2% Realty

403.801.2012

Another successful result in Calgary’s inner-city market.

The condo at 305 – 2417 17 Street SW is now conditionally sold, proving that well-positioned properties continue to attract strong interest — especially in the affordable segment.

This top-floor one-bedroom unit in Bankview stood out as the lowest priced one-bedroom in Calgary with parking and insuite laundry, offering exceptional value for first-time buyers and investors.

The home featured a clean, modern aesthetic with hardwood floors, updated lighting, and a striking interior design of white walls paired with black trim and doors. The functional layout included a stylish kitchen with stainless steel appliances and a breakfast bar, along with in-suite laundry, a parking stall, and a storage locker — key features buyers are actively searching for.

Location continues to play a major role in buyer demand. Situated in Bankview, this property offered walkability to parks, transit, and the shops and restaurants along 17 Avenue, along with immediate access to the Bankview Community Centre and nearby green spaces.

What This Means for Sellers

This sale is a strong reminder that:

• Pricing strategically drives attention
• Affordable inner-city properties remain in demand
• Presentation still matters — even at lower price points

If you’ve been thinking about selling, now is a great time to evaluate your home’s position in the market.

Reach out anytime for a customized strategy tailored to your property.

Join me today for an open house in the highly desirable community of Strathcona, Calgary.

This property is currently listed at $649,000, presenting a compelling opportunity in a market where the detached benchmark price in Strathcona Park is $904,000.

Inventory remains tight, with less than one month of supply in the community and under two months across West Calgary. Opportunities at this price point—particularly for detached homes—are becoming increasingly limited.

This home offers 4 bedrooms and 3.5 bathrooms with 1,411 sq.ft above grade, plus a fully finished basement. The layout is functional and well suited for family living, featuring a bright main living area with vaulted ceilings and a bay window.

The kitchen includes granite countertops, stainless steel appliances, and a gas stove, and flows into the rear living area overlooking the backyard. Upstairs, the primary bedroom includes a walk-in closet and a modern ensuite.

The fully finished basement provides additional flexibility with a rec room, bedroom, and full bathroom.

Outside, enjoy a spacious backyard with a large deck and pergola, along with parking for three vehicles plus potential to add a garage. Additional features include air conditioning, a newer furnace (2023), hot water tank (2022), newer windows and doors, and a newer roof.

Located just a 15-minute drive to downtown Calgary and close to schools, parks, shopping, and transit, this home represents strong value in a competitive market.

Visit the open house today to explore the opportunity in person.

A fantastic new listing is now available in the highly sought-after community of Strathcona Park in Calgary.

This inviting family home offers 4 bedrooms and 3.5 bathrooms with 1,411 sq.ft above grade, plus a fully finished basement—providing flexible space for families, guests, or a home office setup.

The main floor features a bright and welcoming living room with vaulted ceilings and a bay window, creating an open and airy feel. The kitchen is equipped with granite countertops, stainless steel appliances, and a gas stove, and flows into the rear living area overlooking the backyard.

Upstairs, the primary bedroom includes a walk-in closet and a modern ensuite, while the basement expands your living space with a rec room, additional bedroom, and full bathroom.

Step outside to enjoy a spacious backyard with a large deck and pergola, ideal for relaxing or entertaining. The property also offers parking for three vehicles and includes key updates such as air conditioning, a newer furnace (2023), hot water tank (2022), newer windows and doors, and a newer roof.

Strathcona is known for its excellent schools, parks, and convenient amenities. With downtown Calgary just a 15-minute drive away and easy access to the mountains, this location offers the perfect balance of city living and outdoor lifestyle.

If you’d like more information or to schedule a private showing, reach out today.

I’m excited to share that my listing at 406-2520 Palliser Drive SW is now officially sold!

Located in the established and highly desirable community of Oakridge, this property attracted strong interest thanks to its exceptional location and lifestyle appeal.

One of the biggest draws for buyers was the proximity to South Glenmore Park and the Glenmore Reservoir. This area offers some of Calgary’s best outdoor amenities, including extensive walking and cycling pathways, water activities, and beautiful green space that can be enjoyed year-round. For many buyers, having this level of access to nature is a major deciding factor.

Oakridge is also well known for its family-friendly environment, excellent schools, and mature tree-lined streets. With convenient access to shopping, transit, and major routes like Stoney Trail, it continues to be a top choice for buyers looking in southwest Calgary.

The successful sale of this home highlights the continued demand for well-located properties in established communities like Oakridge.

If you’re considering selling your home, I’d be happy to help you develop a strategy to maximize your results in today’s market.

Bridlewood Condo Sold in 23 Days

The condo at 1327-8 Bridlecrest Drive SW in Bridlewood is now officially sold after just 23 days on the market.

This successful sale highlights the importance of a well-executed plan—combining preparation, presentation, and pricing to achieve a strong result.

Move-In Ready Appeal

This unit stood out immediately to buyers thanks to its clean, updated condition. Key improvements included:

• Fresh paint throughout
• Brand new flooring
• An exceptionally clean and well-maintained interior

These updates created a space that felt modern, welcoming, and truly move-in ready—something today’s buyers are actively looking for.

Showcasing the Potential

To further elevate the presentation, virtual staging was used to help buyers visualize how the space could function and feel as a home. This is especially impactful in condo living, where layout and flow are key decision factors.

Strategic Pricing Matters

From the start, the property was priced appropriately for the market, which helped generate interest early and attract serious buyers.

The result: a successful sale in just 23 days.

Thinking About Selling?

If you're considering selling your home or condo in Calgary, having the right strategy in place makes all the difference.

From preparation and pricing to marketing and negotiation, I can help you position your property for success.

Join me today for an OPEN HOUSE in the highly desirable community of Strathcona, Calgary from 1:00 PM to 3:00 PM.

This inviting family home offers 4 bedrooms and 3.5 bathrooms with over 1,400 sq.ft above grade, plus a fully finished basement—providing plenty of space for comfortable living.

The main floor features a bright living area with vaulted ceilings and a bay window, along with an open layout that connects seamlessly to the kitchen and rear living space overlooking the backyard. The kitchen is equipped with granite countertops, stainless steel appliances, and a gas stove.

Upstairs, the primary bedroom includes a walk-in closet and modern ensuite, while the basement adds even more flexibility with a rec room, additional bedroom, and full bathroom.

Outside, enjoy a spacious backyard complete with a large deck and pergola—perfect for relaxing or entertaining. The home also offers parking for three vehicles and includes key updates such as air conditioning, a newer furnace, hot water tank, windows, doors, and roof.

Located close to excellent schools, parks, shopping, and transit, and just a 15-minute drive to downtown Calgary, this home offers outstanding value in a prime location.

Stop by today and see everything this home has to offer!

A fantastic new listing is COMING SOON to the highly desirable community of Strathcona in Calgary. Known for its family-friendly atmosphere, excellent schools, and convenient access to downtown and the mountains, Strathcona continues to be one of Calgary’s most in-demand neighbourhoods.

This upcoming home offers over 1,400 sq.ft above grade with a functional open-concept layout designed for both everyday living and entertaining. The main floor features a bright and spacious living room with vaulted ceilings and a bay window, creating a warm and inviting atmosphere.

The kitchen with granite countertops, stainless steel appliances, and a gas stove, flows seamlessly into the rear living area overlooking the backyard—perfect for keeping an eye on the kids or hosting guests.

Upstairs, the primary bedroom includes a walk-in closet and a modern ensuite, while the fully finished basement provides additional flexibility with a rec room, bedroom, and full bathroom.

Outside, you’ll find a spacious backyard complete with a large deck and pergola, ideal for enjoying Calgary’s warmer months. Additional highlights include air conditioning, a new furnace (2023), hot water tank (2022), newer windows and doors, and a newer roof.

With parking for three vehicles and a prime location close to parks, shopping, transit, and major routes, this home offers exceptional value in today’s market.

If you’d like early access, more details, or to schedule a private showing before it hits MLS, reach out today.

Adrienne McGarvey - Top Producing REALTOR®