10/16/2026
What’s happening in our local real estate market as we head toward winter? 🍂🏡
As the seasons change, so does the housing market. Across Calgary and surrounding communities, we’re seeing a shift in inventory, buyer activity, and pricing — but not every area or property type is experiencing the same conditions.
Here’s a look at what CREB®’s latest September market report is telling us:
🏡 Calgary | A more balanced market
September saw approximately 1,650 home sales, with inventory remaining relatively stable and just under four months of supply.
Detached homes continue to hold steady in balanced conditions, while increased competition among apartments and townhomes is creating more opportunities for buyers.
📍 Okotoks | Inventory remains tight
With just over two months of supply, Okotoks continues to experience tighter market conditions than many surrounding communities. Benchmark prices remained relatively stable compared to last September.
📍 Airdrie | More breathing room for buyers
Slower sales and additional housing choices have brought supply to approximately four months. Benchmark prices are down nearly 4% year-over-year, with higher-density properties seeing the greatest adjustments.
📍 Cochrane | More selection entering the market
Increased listings have pushed supply to approximately five months. Despite the additional inventory, benchmark prices remain close to last year’s levels.
📍 Chestermere | A changing market
New construction and increased housing competition continue to influence the market, with supply sitting just below six months and benchmark prices relatively similar to last September. (Continue in the comments)
