Benchmark price by property type
| Property type | Benchmark price | Year over year |
|---|---|---|
| Detached | $750,500 | −1% YoY |
| Semi-detached | $694,600 | about flat |
| Apartment condo | $299,000 | −9% YoY |
How I read it
June was the strongest month of this spring: 2,197 sales, only 4% below last June, with prices ticking up to $572,500. If you only read the citywide numbers, you would call this a healthy, balanced market — just over three months of supply.
The apartment segment tells a different story. CREB reported 2,076 apartment units in inventory, about 24% above typical levels, a 45% sales-to-new-listings ratio and five months of supply. That is a buyer’s market by any definition, and it is why the citywide benchmark keeps getting dragged down while detached prices barely move.
I spend a lot of time in tenanted condos and investment properties, and this split matters practically. A landlord selling a rented apartment condo today is competing with a lot of similar units. A landlord selling a rented detached home in the south end is not.
If you're buying
- Five months of supply in apartments is real negotiating room. Use it on price, possession date, or both.
- Detached buyers still need to move quickly on well-priced listings in the popular south communities.
If you're selling
- A tenanted condo needs a plan before it hits the market: access for showings, and a decision about whether you are selling to an investor or an owner-occupier.
- Detached sellers: this was the best pricing month of the year so far.
Sources
Figures are as published by CREB® for June 2026 and describe the Calgary market as a whole. They are not an appraisal, and no single property follows the average. For what your own home is worth, ask me for a comparable-sales review.