Chamberlain Real Estate Group

Calgary Real Estate Market Update - June 2026

Skip the confusion — see which Calgary neighbourhoods actually deliver value right now. 👉🏻 https://guides.chamberlaingroup.ca/1?ref=SV7tbyuT Calgary's median home price climbed 16% in three years while the real value per square foot dropped 5%. You're watching two different stories unfold in Calgary real estate right now. The headlines celebrate rising median prices, but those numbers hide what's really happening to home values across the city. When you dig past the surface statistics, a completely different picture emerges — one that changes everything if you're planning to move this year. The median price story sounds encouraging. From May 2023 to May 2026, Calgary's median sale price jumped from $509,000 to $592,500. That's steady appreciation, right? Wrong. The typical home that sold grew from 1,200 square feet to 1,387 square feet over the same period. You're not seeing price growth — you're seeing bigger homes skewing the average upward. When Jared Chamberlain measures what really matters — price per square foot — the truth surfaces. Calgary home values peaked in May 2024 at $422 per square foot, then fell to $415 in 2025 and dropped again to $401 this May. That's a 5% decline in real value while the median price climbed 16%. The market isn't recovering — it's fragmenting. This fragmentation runs deeper than citywide averages suggest. Calgary has become two separate real estate markets divided by geography and home type. Detached homes in the west are up nearly 12% per square foot this year with just 1.75 months of inventory — a strong seller's market. Meanwhile, detached homes in the northeast dropped 11% per square foot and sit at 4.2 months of inventory — firmly in buyer territory. The apartment market tells an even starker story. Apartment sales dropped from 907 in May 2024 to just 403 this May — less than half. These units are down 8% per square foot and carry 5.1 months of inventory. For families planning simultaneous moves, this split creates a challenging dynamic: selling into weakness while buying into strength. Understanding which neighbourhoods sit on the strong side of this divided market isn't just helpful — it's essential for making smart moves in 2026. The gap between Calgary's two markets is wider than it's been in years, and that gap determines whether your next move builds wealth or costs you money. We'd love to hear from you! 👇 💬 https://www.chamberlaingroup.ca/contact/ 📱(587) 316-5400 📧 [email protected] 📷 https://www.instagram.com/chamberlaingroup/ 👍 https://www.facebook.com/ChamberlainGroup CHAPTERS 00:00 The median price lie that's fooling everyone 03:16 How apartments vanished from Calgary's market 05:07 The Calgary neighbourhood divide nobody's talking about 06:40 Why West Calgary is still a seller's market 13:06 The Northeast Calgary reality that changes everything 17:22 What this split means for your next move #CalgaryRealEstate #CalgaryHomes #CalgaryMarketUpdate #HomeBuyingTips #ChamberlainGroup