One property type in Calgary is seeing a serious price drop right now
Buying a detached home in Calgary is getting a little more expensive, with a new report showing that prices are on the rise.
Royal LePage recently released its Q2 2026 Home Price Update and Market Forecast, and it found that the median price of a detached home in Calgary reached $814,600 in Q2 of 2026, up one per cent compared to this time last year.
Detached homes were the only major housing type in Calgary to see price growth over the past year as demand remained stronger for single-family homes.
Condos, on the other hand, saw a different trend. The median condo price in Calgary dropped by four per cent year-over-year to $258,600, as increased supply put pressure on the market.
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“Competition remains concentrated largely in the detached segment below the $700,000 mark and for homes priced over $1.5 million,” said Corinne Lyall, broker and owner, Royal LePage Benchmark.
Lyall said first-time buyers remain one of the most active groups in Calgary’s market, with the city’s relative affordability attracting buyers from other provinces.
Overall, Calgary’s housing market remained relatively balanced in Q2, with the aggregate home price sitting at $695,300, down 0.2% compared to the same time last year.
Looking ahead, Royal LePage expects Calgary’s housing market to see growth through the rest of the year. The company is forecasting that the aggregate price of a home in Calgary will increase by 2.5 per cent in the fourth quarter of 2026 compared to the same time in 2025.
“While condominium prices will face some downward pressure as supply remains abundant, we should see modest price growth in the detached segment in the second half of the year, as buyers continue to compete for desirable homes,” Lyall said.
If you’re wondering what home type is seeing the biggest declines in Calgary, we dove into the Calgary Real Estate Board’s June 2026 report to find out.