Mel Ward - Real Estate

This January, the Calgary housing market is telling a different story than we’ve heard in years.

As we look at the latest CREB stats, it's important to keep one thing in mind: Context is everything.

Comparing today to the same time last year isn’t apples-to-apples. Why? Because we have transitioned from a high-pressure Sellers Market into a much more Balanced Market.

Here is what you need to know about the January numbers:

📈 The Big Picture
Inventory is up: We hit 4,391 units this month—the highest January level since 2020.

Urgency is down: More choice means buyers are taking their time to weigh options rather than rushing into bidding wars.

Sales are steady: While sales are down 15% year-over-year, they are actually right in line with typical January activity.

🏠 Market Breakdown
Detached & Semi-Detached: These remain the most stable. With about 3 months of supply, they are sitting in a healthy, balanced zone.

Apartments & Row Homes: This is where the shift is most visible. High supply has pushed inventory to 4–5 months, meaning buyers have significant leverage here.

Pricing: Benchmark prices have dipped about 5% year-over-year, largely driven by the surge of inventory in the high-density (condo/row) sectors.

The Bottom Line: If you’re a Buyer, you finally have the "breathing room" to do your due diligence. If you’re a Seller, your strategy now shifts to precision—pricing and presentation are the keys to standing out in a balanced market.

Questions about how your specific neighbourhood is performing? Let’s chat! ☕️

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🏠 Calgary Market Update: A New Balance for 2026

After years of rapid growth, the Calgary housing market has shifted. We are officially entering 2026 in balanced conditions, giving both buyers and sellers a more stable environment.

The Bottom Line:
Inventory is up: We have the best supply levels seen in three years.

Prices are stabilizing: The overall benchmark price sits at $577,492 (down 2% from last year).

What to Expect:
For Sellers: Detached and semi-detached homes are still holding their value (up 1–3%). However, with more competition on the market, pricing your home accurately is now more important than ever to stand out.

For Buyers: You finally have more breathing room. Supply is up, particularly in the apartment and row home sectors, where prices have eased by 2–3%. This is a great window to find a home without the "bidding war" frenzy of previous years.

The Takeaway: The market is no longer "one size fits all." Trends vary wildly by neighbourhood—from the resilient City Centre to the high-supply North East.

Ready to navigate this new market? DM me to find out what these changes mean for your specific neighbourhood!



[email protected]
(403) 829-1254
www.movewithmelanie.ca
eXp Realty
“𝐻𝑒𝒶𝓇𝓉 𝒞𝑒𝓃𝓉𝓇𝑒𝒹 𝑅𝑒𝒶𝓁 𝐸𝓈𝓉𝒶𝓉𝑒; 𝒟𝓇𝒾𝓋𝑒𝓃 𝒷𝓎 𝒫𝒶𝓈𝓈𝒾𝑜𝓃 𝒻𝑜𝓇 𝒫𝑒𝑜𝓅𝓁𝑒”