Balanced Market Conditions Continue as Inventory Builds
May brought another increase in inventory across Calgary and surrounding communities, giving buyers more options and creating more balanced market conditions. Detached homes continue to show resilience with limited supply supporting prices, while apartment-style condos remain the most buyer-friendly segment due to elevated inventory levels.
• Calgary recorded 2,162 sales, Benchmark Price: $570,500, 3.12 months of supply.
• Airdrie saw 164 sales and 307 new listings, with inventory increasing to 519 homes. The market remains balanced with 3.16 months of supply and a benchmark price of $515,000. While prices have improved from January, they remain about 5% below last year's levels as buyers continue to benefit from increased choice.
• Cochrane: continues to outperform many surrounding markets, recording 115 sales and 188 new listings.
• Okotoks: One of the tighter regional markets with a benchmark price of $618,900 and only 2.44 months of supply.
Buyers:
▪️ More inventory means more selection and less pressure to rush decisions
▪️ Condo and townhouse buyers continue to have the strongest negotiating power
▪️ Detached homes in desirable neighbourhoods are still attracting strong interest
Sellers:
▪️ Strategic pricing remains key in today's market
▪️ Well-presented homes continue to stand out and sell
▪️ Buyers are more selective, making professional marketing more important than ever
Thinking about making a move in 2026? I'd be happy to help you understand what these market trends mean for your neighbourhood, property type, and goals.
Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com | renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®
