Detached home prices have dropped the most in these two Calgary areas
If you’re on the hunt for a detached home in Calgary, a new report just revealed which areas of the city saw the biggest decline in prices.
The Calgary Real Estate Board (CREB) just released its October 2026 housing report, and it showed that two areas of the city saw benchmark prices for detached homes drop by over six per cent.
As a whole, Calgary recorded a 0.72 per cent drop in year-over-year detached home benchmark prices to $735,100, down 0.58 per cent from September.
East Calgary saw the biggest drop, with prices falling by 6.81 per cent year-over-year to $463,800, which was also the lowest price recorded. The northeast followed, seeing a decline of 6.58 per cent to $548,000.
Calgary Real Estate Board
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North Calgary saw the third-largest decline, dropping by 3.46 per cent to $635,700.
Only two quadrants of the city recorded year-over-year increases in detached home prices. The City Centre saw the steepest incline, jumping by 3.29 per cent year-over-year to a benchmark price of $992,500, which made it the most expensive spot.
West Calgary followed closely, seeing an increase of 3.15 per cent to $988,400. South Calgary recorded the most sales and new listings for detached homes, with 179 sales and 342 new listings. The quadrant’s benchmark price was $705,700, down 0.63 per cent from this time last year.
Other home types, such as semi-detached homes, apartments, and row-style homes, also saw year-over-year declines in the month of September. Apartments saw the largest decline at just under eight per cent to a benchmark price of $297,600.
You can find CREB’s full report online.