Detached home sales improve in September as sales totalled 1,650 units, similar to August and nearly four per cent lower than in September 2025. While September sales typically pull back compared with August, stronger detached home sales helped prevent the typical seasonal pullback.

At the same time, new listings also rose from August, causing the sales-to-new-listings ratio to fall to 49 per cent, leaving inventory levels relatively stable compared with August. Stable sales and inventory levels in September prevented any change in the months of supply compared with August, which remained at just under four months. 

While the overall market is showing higher supply levels compared with sales activity, conditions vary significantly by property type. Detached properties remain in balanced territory, and the monthly boost in new listings supported gains in sales in September. Meanwhile, higher supply levels for apartment and row homes are contributing to buyer market conditions, as demand is spread across more alternatives in the rental and new home markets. 

“The variation in market conditions between property types is related to where the supply was added. The construction boom over the past three years was mostly driven by gains in higher-density sectors, significantly increasing the supply of apartment and row-style homes,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “Meanwhile, detached homes did not see the same boost in construction, preventing broad-based supply growth. Thanks to a stronger job market and slower but positive net migration, housing demand has remained strong enough to absorb some of the supply, but not enough to offset the high-density supply added to the market, resulting in a more significant impact on prices for higher-density homes.” 

As the market moves through the fall, it is not unusual to see some unadjusted monthly declines in prices. However, many of these adjustments were seasonal, as seasonally adjusted figures show that prices in September are relatively stable compared with August. The unadjusted residential benchmark price was $566,700, nearly one per cent lower than last year. Most of the price adjustments have occurred in higher-density row and apartment-style units, which have reported year-over-year declines of eight per cent and six per cent in September. Meanwhile, detached prices are one per cent lower than last year, mostly due to declines in the North East, East and North districts.   

🏡 OPEN HOUSE Saturday Oct 3 12-2pm and Sunday Oct 4 1-3pm

📍 6031 Thornbank Drive NW

💰 $698,000

🔥 MLS# A2347485

 Turnkey living with a TOTALLY RENOVATED bungalow on large landscaped FENCED lot with mature TREES in the establish community of Thorncliffe. 4 SPACIOUS Bedrooms, den perfect for home office or flex space, new electrical, electrical panel, rough in electrical for Central AC unit and stack, new furnace (2025) Tank less Instant Hot Water (2022) new windows on main, doors and plumbing (2021) New Stainless Appliances including side by side refrigerator, induction stove for clean finish, dishwasher, microwave smartly hidden in kitchen cabinet, washer and dryer, lower fridge. Kitchen has gorgeous quartz counter tops, clean white finish, eating bar, herringbone tile flooring, pull out drawers, pendent lighting, durable and stylish LPV- Luxury Plank Vinyl hardwood flooring, statement gas fireplace in living room. Massive Recreation/Games room.  Fantastic location with EASY and QUICK commute access to downtown and numerous conveniences and amenities near such as PARKS including massive Nose Hill Park, playgrounds, arenas, shopping, restaurants, and schools. Beautifully finished with an eye for STYLISH details and QUALITY. A rare opportunity, you don’t see many home like this come available! Come check it out for yourself.