Terry Edwardson Calgary Realtor

🏡 Calgary Housing Market Update – May 2026 📊
The Calgary real estate market is continuing to shift into a more balanced market, but the story really depends on what type of property you’re looking at. Some segments are holding strong while others are giving buyers more negotiating power than we’ve seen in years.

🏠 Detached Homes
Detached homes are still the strongest segment in Calgary right now. Inventory has improved slightly, but supply is still relatively tight in many price ranges, especially under $600K.

💰 Average benchmark price: approximately $747,800
📈 Prices remain relatively stable in many areas
⏳ About 2.5 months of supply
🔥 West Calgary remains one of the strongest detached markets

🏘️ Semi-Detached Homes
Semi-detached homes continue to perform surprisingly well despite higher inventory levels across the city.

💰 Average benchmark price: approximately $691,100
📈 Prices have actually been trending upward in several districts
🏡 Northwest and West Calgary are seeing record-high pricing in some areas

🏡 Row Townhouses
Townhomes are starting to shift toward a more buyer-friendly market as inventory increases.

💰 Average benchmark price: approximately $422,300
📉 Prices are slightly softer than last year
✅ Buyers now have more selection and more negotiating room

🏢 Apartment Condos
This is currently the most buyer-friendly segment in Calgary real estate.

💰 Average benchmark price: approximately $300,400
📉 Condo prices are down roughly 9% year-over-year
📦 Inventory remains elevated with over 5 months of supply
💥 Buyers finally have options, leverage, and time to make decisions

📊 Overall Calgary Market Snapshot
▪️ Benchmark home price: approximately $570,500
▪️ Sales down 16% year-over-year
▪️ Inventory rising across Calgary
▪️ Average days on market: 34 days
▪️ Market conditions are becoming more balanced overall

📌 What does this mean?

✅ Buyers have more choices than they did in 2024 and early 2025
✅ Condo and townhouse buyers may find some great opportunities
✅ Sellers need proper pricing and strong presentation to stand out.

Call/Dm Terry today.

Terry Edwardson Calgary Realtor®️
The Real Estate Company

🏡 How Do You Choose the Right Realtor in Calgary?

Not all Realtors® are the same — and who you hire can make a huge difference in your experience, negotiations, and results. Whether you’re buying your first condo, upgrading to a larger home, or selling an investment property, here are a few important things to ask before choosing a Calgary real estate agent👇

✅ Do they know the area you want to buy or sell in?
Calgary is a city of very different communities. Buying in Mahogany is different than buying in Brentwood, Seton, or Lake Bonavista. A Realtor who understands the neighbourhood, schools, pricing trends, traffic flow, amenities, condo buildings, and resale value can help you make a smarter decision.

✅ How many homes have they sold?
Experience matters. A Realtor who has worked through different market conditions usually knows how to negotiate, spot red flags, price homes correctly, and avoid costly mistakes.

✅ How long have they been in business?
Real estate changes fast. Having an experienced Calgary Realtor means you’re working with someone who has likely handled multiple types of transactions, market shifts, inspections, financing issues, and negotiations.

✅ Are they responsive and easy to communicate with?
You want someone who answers calls, texts, and emails quickly — especially in a competitive Calgary market where timing can matter.

✅ Do they educate you or pressure you?
A good Realtor should guide you, explain the process clearly, answer your questions honestly, and help you feel comfortable making decisions.

✅ Do they have trusted local connections?
Mortgage brokers, inspectors, lawyers, contractors, painters, cleaners, and stagers can all make the process smoother.

At the end of the day, choose someone you trust, someone who knows Calgary real estate, and someone who genuinely wants the best outcome for you. 🏠

Terry Edwardson Calgary Realtor®️
The Real Estate Company
403-830-6920

💰 DO BUYERS PAY REALTORS® IN CALGARY WHEN BUYING A HOME OR CONDO? 🏡

One of the most common questions from Calgary home buyers is:
“Do I have to pay my Realtor when buying a home?”

In most cases… NO. 👀

Typically, the seller pays the real estate commission, which is then shared between the listing agent and the buyer’s agent. That means buyers usually get professional representation, negotiation help, market guidance, and support through the entire process without paying directly out of pocket.

Whether you’re buying a condo in Downtown Calgary, a townhome in Seton, or a detached home in communities like Mahogany, Cranston, or Silverado, having a Realtor® on your side can help you:

✅ Navigate the Calgary real estate market
✅ Understand pricing and comparable sales
✅ Negotiate better terms and conditions
✅ Spot potential red flags during viewings
✅ Coordinate inspections, financing, and timelines
✅ Understand condo documents and fees
✅ Reduce stress during the buying process

Many buyers think they’ll save money by contacting the listing agent directly, but remember — the listing agent works for the seller first. Having your own representation helps protect your best interests throughout the transaction.

There are a few rare situations where fees could differ, especially with certain private sales or specialty transactions, so it’s always important to ask questions upfront and understand how representation works.

Buying your first home, condo, or investment property in Calgary? Knowledge is power — and having the right guidance can make a huge difference. 🔑

Thinking about buying in Calgary or surrounding areas? Send me a message anytime.

Terry Edwardson Calgary Realtor®️
The Real Estate Company
403-830-6920