Calgary Condos, Read Honestly
Apartment-style condos are the softest segment in Calgary right now — $297,600 benchmark, -8.4% year over year, 4.90 months of supply and 54 days to sell. That is uncomfortable if you own one and interesting if you are buying one. This page is the honest version of both.
CREB® benchmark data for July 2026 · 1,947 active listings from the MLS® feed, synced August 18, 2026
Calgary condos for sale right now
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Where the segment actually sits
These are CREB® figures for the apartment segment citywide, not a hand-picked slice. Months of supply is the number worth watching: under about two months favours sellers, over about four favours buyers.
For context, detached sits at $743,900 with 2.90 months of supply. The gap in supply between segments is the whole story: it is why negotiating room exists here and not there.
What is on the market today
1,947 active listings across Calgary, median asking price $299,900, ranging from $99,900 to $7,175,000. Asking prices are what sellers want; the benchmark above is what the market has been paying.
| Price band | Listings | Share |
|---|---|---|
| Under $250k | 544 | 28% |
| $250k–$350k | 802 | 41% |
| $350k–$500k | 424 | 22% |
| $500k–$750k | 106 | 5% |
| $750k and up | 71 | 4% |
Age of the stock, and why it matters
Age is the single biggest driver of condo risk in Calgary. Older buildings are not automatically bad buys — some of the best-run corporations in the city are in older stock — but they are the ones where the reserve fund study, the board minutes and the insurance deductible matter most.
| Built | Listings | Share |
|---|---|---|
| Before 1980 | 270 | 14% |
| 1980–1984 | 137 | 7% |
| 1985–1997 | 58 | 3% |
| 1998–2009 | 502 | 26% |
| 2010–2019 | 604 | 31% |
| 2020 or newer | 373 | 19% |
Where the inventory is
Communities with at least twelve active listings, so the medians mean something. Concentration matters when you are buying — it tells you where you will have choice and where you will be competing.
| Community | Active | Median ask |
|---|---|---|
| Beltline | 276 | $299,900 |
| Sage Hill | 49 | $295,000 |
| Seton | 49 | $334,900 |
| Mahogany | 48 | $385,000 |
| Downtown East Village | 46 | $349,000 |
| Skyview Ranch | 45 | $264,900 |
| Eau Claire | 43 | $499,000 |
| Mission | 38 | $319,000 |
| Downtown Commercial Core | 38 | $315,000 |
| Bridgeland/Riverside | 37 | $315,000 |
| Downtown West End | 36 | $335,000 |
| University District | 36 | $509,900 |
| Lower Mount Royal | 34 | $248,842 |
| West Springs | 31 | $529,000 |
| Legacy | 31 | $310,000 |
| Haysboro | 29 | $215,000 |
By CREB® district
Benchmark prices for this segment across the city’s eight reporting districts.
| CREB district | Benchmark |
|---|---|
| City Centre | $309,900 |
| North | $300,300 |
| North East | $261,500 |
| North West | $294,600 |
| West | $326,500 |
| South | $277,300 |
| South East | $319,200 |
| East | $222,800 |
Depending on why you are buying
Buying one to live in
A softer market is a buyer’s market, and the leverage shows up in the numbers: at 4.9 months of supply and 54 days on market, sellers are negotiating. The mistake buyers make is shopping on price and monthly fee alone, then discovering the corporation’s financial position afterwards. The unit is the easy part. The corporation is the purchase.
Buying one as an investment
Condo fees are the variable that turns a promising cap rate into a negative one, and unlike a mortgage payment they are not fixed — they move with the corporation’s costs, and a special assessment can arrive in a single letter. Any investor model on a Calgary condo that does not stress-test the fee is not a model.
Short-term rental and Airbnb
Two separate approvals govern this, and people routinely confuse them. The City has its own short-term rental licensing regime, and the condominium corporation has its own bylaws. A city licence does not override a bylaw that prohibits short-term rentals, and the bylaw is the one that gets enforced by the people who live next door.
Selling one right now
Down 8.4% year over year with 54 days on market is a real headwind, and pretending otherwise wastes your first three weeks — which are the weeks that matter most. Condos in this market sell on correct pricing and clean documents, in that order.
Frequently asked
I own a condo here. In June, 123 of us lost our titled parking.
Ten days’ notice to vacate stalls we hold title to, for four months, so the development next door could build its garage. CTV News covered it and quoted me. What that taught me about titled parking, neighbouring development risk, and the one number in your bylaws that actually gives owners leverage.
Score the building before you buy
Reserve fund health, special assessment risk, fee trajectory and insurance deductible exposure — scored on the five documents that actually decide whether a Calgary condo is a good buy.
Keep reading
Send me the listing before you write the offer
I will read the documents, tell you what the numbers actually say, and give you a straight answer on whether it is worth your money. No obligation, and I will tell you when the answer is no.
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