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Alberta Housing Market Report

WOWA Simply Know Your Options
Market Report Summary for January 2026
Updated February 20th, 2026

    Alberta Housing Market Overview

    Data for January 2026
    Avg. Sold Price:$513,162
    All Property Types:$513,162
    Detached:$604,761
    Semi-Detached:$512,295
    Townhouse:$367,122
    Condo Apartment:$283,870
    Transactions (Buy/Sell):3,637
    All Property Types:3,637
    Detached:2,216
    Semi-Detached:361
    Townhouse:485
    Condo Apartment:575

    Alberta Average House Prices by City

    Alberta Housing Market as of January 2026

    The average home price in Alberta increased to $513,162 in January 2026 and is up 0.1% from December 2025 and 2.0% higher than January 2025.

    Alberta’s benchmark home price was $499,300, an increase of 0.2% and decrease of 2.3% year-over-year.

    Sales and New Listings

    There were 3,637 home sales in Alberta’s housing market in January 2026, a decrease of 19.4% year-over-year.

    New listings increased monthly to 7,737 (down 1.0% year-over-year). Inventory levels increased 12.0% year-over-year to 13,951 units.

    Key Statistics:

    1. Total Residential Sales: 3,637 (19.4% decrease year-over-year)
    2. New Listings: 7,737 (1.0% decrease year-over-year)

    January 2026 saw these year-over-year changes based on property type:

    1. Detached: $604,761 (1.7% increase year-over-year)
    2. Semi-Detached: $512,295 (2.1% decrease year-over-year)
    3. Row: $367,122 (5.4% decrease year-over-year)
    4. Apartment: $283,870 (0.3% increase year-over-year)

    Sales-to-New-Listings Ratio (SNLR)

    January 2026
    CityJanuary 2026 Sales-to-New-Listings Ratio (SNLR)January 2025 Sales-to-New-Listings Ratio (SNLR)
    Calgary44%50%
    Edmonton46%65%
    Red Deer61%62%
    Lethbridge48%83%
    Medicine Hat63%61%
    Grande Prairie85%89%
    Fort McMurray50%48%
    Alberta47%58%

    The provincial sales-to-new listings ratio (SNLR) was 47% in January 2026. Months of supply stood at 3.84, which represents an increase of 38.1% year-over-year.

    Regional Breakdown

    CityAverage Home Prices
    (January 2026)
    		Population
    (2021)
    Calgary
    1,481,806
    6.4% vs. 2016
    Edmonton
    1,418,118
    7.3% vs. 2016
    Red Deer
    100,844
    4.0% vs. 2016
    Lethbridge
    123,847
    5.5% vs. 2016
    Medicine Hat
    76,376
    -0.2% vs. 2016
    Grande Prairie
    64,141
    1.5% vs. 2016
    Fort McMurray
    68,002
    1.3% vs. 2016

    Housing Markets of Major Cities in Alberta

    Calgary Real Estate Report and Forecast
    Edmonton Real Estate Report and Forecast

    Housing Markets Across Canada

    Toronto Housing Market ReportVancouver Housing Market Report
    Montreal Housing Market ReportMarché immobilier de la région de Montréal
    Ottawa Housing Market ReportCalgary Housing Market Report
    Edmonton Housing Market ReportWinnipeg Housing Market Report
    Hamilton Housing Market ReportLondon Housing Market Report
    Waterloo Region Housing Market ReportHalifax Housing Market Report
    Ontario Housing Market ReportAlberta Housing Market Report
    BC Housing Market ReportCanada Housing Market Report

    Disclaimer:

    • Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
    • The calculators and content on this page are for general information only. WOWA does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
    • Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
    • Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.
    • The trademarks MLS®, Multiple Listing Service®, and associated logos are owned by CREA and identify services provided by its members.