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Alberta Housing Market Report

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Market Report Summary for September 2026
Updated October 15th, 2026
  • Alberta's average home price
    increased
    by 4.8% year-over-year to
    $528,556.

Alberta Housing Market Overview

Data for September 2026
Avg. Sold Price:$528,556
All Property Types:$528,556
Detached:$613,115
Semi-Detached:$507,637
Townhouse:$363,044
Condo Apartment:$282,101
Transactions (Buy/Sell):5,699
All Property Types:5,699
Detached:3,730
Semi-Detached:512
Townhouse:672
Condo Apartment:785

Alberta Average House Prices by City

Alberta Housing Market as of September 2026

The average home price in Alberta increased to $528,556 in September 2026 and is up 0.8% from August 2026 and 4.8% higher than September 2025.

Alberta's benchmark home price was $508,500, a decrease of 0.6% and decrease of 0.4% year-over-year.

Sales and New Listings

There were 5,699 home sales in Alberta's housing market in September 2026, a decrease of 6.0% year-over-year.

New listings increased monthly to 10,598 (down 0.3% year-over-year). Inventory levels increased 3.9% year-over-year to 21,805 units.

Key Statistics:

  1. Total Residential Sales: 5,699 (6.0% decrease year-over-year)
  2. New Listings: 10,598 (0.3% decrease year-over-year)

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

  1. Detached: $613,115 (5.9% increase year-over-year)
  2. Semi-Detached: $507,637 (0.5% increase year-over-year)
  3. Row: $363,044 (2.5% decrease year-over-year)
  4. Apartment: $282,101 (0.4% increase year-over-year)

Sales-to-New-Listings Ratio (SNLR)

September 2026
CitySeptember 2026 Sales-to-New-Listings Ratio (SNLR)September 2025 Sales-to-New-Listings Ratio (SNLR)
Calgary49%45%
Edmonton51%63%
Red Deer60%64%
Lethbridge76%77%
Medicine Hat54%71%
Grande Prairie70%76%
Fort McMurray70%67%
Alberta54%57%

The provincial sales-to-new listings ratio (SNLR) was 54% in September 2026. Months of supply stood at 3.83, which represents an increase of 11.3% year-over-year.

Regional Breakdown

CityAverage Home Prices
(September 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
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Housing Markets of Major Cities in Alberta

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

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.
  • 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.