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February 2026 Market Update

February 2026 Market Update

Balanced Conditions Across the Region
February brought a more balanced real estate market across Calgary and surrounding communities, though conditions continue to vary by property type. Detached and semi-detached homes remain the tightest segments with limited supply, while apartment-style condos are seeing higher inventory and more buyer-friendly conditions.

In Calgary, the benchmark price reached $560,500, slightly higher than January but still 4% below last year.

Airdrie recorded 122 sales and 236 new listings, keeping conditions balanced with a benchmark price of $512,200.
Cochrane also saw balanced activity, with prices at $563,500.
Okotoks continues to show tighter supply, with the benchmark price rising to $612,300.

Buyers
▪️ More choice in some segments, especially condos
▪️ Increased negotiating opportunities in higher-inventory markets
▪️ Detached homes under $700K remain competitive

Sellers
▪️ Strategic pricing is key as buyers compare resale and new builds
▪️ Well-presented homes continue to attract attention
▪️ Spring activity is beginning to build

Considering a move in 2026? I’m happy to help you understand what these trends mean for your specific neighbourhood and property type.

Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com
| renesimpsonrealty.ca | 403-901-5526

Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Information deemed reliable but not guaranteed.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.