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Alberta Housing Market Report
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Market Report Summary for March 2026
Updated April 17th, 2026
- Alberta's average home price increasedby 1.6% year-over-year to$533,201.
Alberta Housing Market Overview
Data for March 2026
Avg. Sold Price:$533,201
All Property Types:$533,201
Detached:$623,714
Semi-Detached:$533,595
Townhouse:$388,803
Condo Apartment:$285,846
Transactions (Buy/Sell):6,007
All Property Types:6,007
Detached:3,701
Semi-Detached:614
Townhouse:809
Condo Apartment:883
Alberta Average House Prices by City
Alberta Housing Market as of March 2026
The average home price in Alberta increased to $533,201 in March 2026 and is up 2.3% from February 2026 and 1.6% higher than March 2025.
Alberta’s benchmark home price was $509,200, an increase of 0.9% and decrease of 3.5% year-over-year.
Sales and New Listings
There were 6,007 home sales in Alberta’s housing market in March 2026, a decrease of 12.9% year-over-year.
New listings increased monthly to 10,635 (down 8.0% year-over-year). Inventory levels increased 4.0% year-over-year to 17,118 units.
Key Statistics:
- Total Residential Sales: 6,007 (12.9% decrease year-over-year)
- New Listings: 10,635 (8.0% decrease year-over-year)
March 2026 saw these year-over-year changes based on property type:
- Detached: $623,714 (0.6% increase year-over-year)
- Semi-Detached: $533,595 (2.1% increase year-over-year)
- Row: $388,803 (1.8% decrease year-over-year)
- Apartment: $285,846 (2.7% decrease year-over-year)
Sales-to-New-Listings Ratio (SNLR)
March 2026
| City | March 2026 Sales-to-New-Listings Ratio (SNLR) | March 2025 Sales-to-New-Listings Ratio (SNLR) | Change |
|---|---|---|---|
| Calgary | 55% | 54% | |
| Edmonton | 56% | 66% | |
| Red Deer | 61% | 63% | |
| Lethbridge | 75% | 75% | - |
| Medicine Hat | 59% | 74% | |
| Grande Prairie | 90% | 78% | |
| Fort McMurray | 63% | 57% | |
| Alberta | 56% | 60% |
The provincial sales-to-new listings ratio (SNLR) was 56% in March 2026. Months of supply stood at 2.85, which represents an increase of 19.2% year-over-year.
Regional Breakdown
| City | Average Home Prices (March 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
Housing Markets Across Canada
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.
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- 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.
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