The CREB benchmark detached price for March 2026 sits at $741,300, down 3.4% year-over-year but up 43.6% from the January 2022 baseline of roughly $516,000. Semi-detached benchmarks at $667,000 (up 73% over 4 years) and condos at $301,200 (flat YoY, +22% over 4 years) round out the three segments. Inventory rose +8.2% month-over-month, with new supply concentrated in the upper price brackets. Days-on-market split: under $700K detached still clears in under 14 days; over $800K averages 31. (Source: CREB monthly statistics, March 2026 release.)

Last updated: April 28, 2026

Headline numbers

| Metric | Mar 2026 | YoY | 4-year change | |---|---|---|---| | Detached benchmark | $741,300 | −3.4% | +43.6% | | Semi-detached benchmark | $667,000 | — | +73% | | Condo benchmark | $301,200 | flat | +22% | | Inventory MoM | — | — | +8.2% MoM | | DOM under $700K detached | under 14 days | — | — | | DOM over $800K detached | 31 days | — | — |

(Source: CREB monthly statistics, March 2026 release.)

The detached segment is the headline number most readers anchor to. At $741,300 it is down 3.4% YoY but up 43.6% over four years; the gap between recent direction and longer-term trajectory is what defines the current market posture. Short-term softening, long-term still-up.

Semi-detached has done the most price work over the four-year window — a +73% benchmark gain since January 2022. That outpaces detached over the same period and reflects supply-constrained mid-density inner-city stock plus a few inner-ring redevelopment corridors absorbing the demand shift.

Condo is the segment most often described as "lagging," and the YoY flat reading supports that on a rolling basis. The four-year picture is more nuanced — see the Condo vs detached section below for the longer window.

Quadrant breakdown

| Quadrant | Typical detached | Anchor neighbourhoods | |---|---|---| | NE | $499K | Taradale, Saddle Ridge, Mackenzie Lake | | NW | $671K | Evanston, Arbour Lake, Citadel | | SE | $480K* | Forest Lawn, Penbrooke, Erin Woods | | SW | $574K | Lakeview, Glenbrook (older detached); newer SW infills run higher |

*The SE quadrant median is pulled down by older affordable pockets like Forest Lawn, Penbrooke, and Erin Woods. Lake communities in the same quadrant — Auburn Bay, Mahogany, Cranston — typically run $620K-$1.1M for detached. The quadrant median is bimodal, not a typical price for any one community.

(Source: Sonar Pro / CREB quadrant aggregates, Q1 2026.)

The NE is the affordable-detached lane. Taradale, Saddle Ridge, and Mackenzie Lake-area communities cluster in the high $400Ks for typical detached, which is where most first-time buyers in the 2026 cycle end up shopping.

The NW is the established mid-market — Evanston, Arbour Lake, Citadel — clearing around $671K. Inventory in this quadrant tends to be newer 1990s-2010s product on standard suburban lots.

The SE is bimodal. The quadrant median ($480K) reflects older affordable east-side pockets, but the same quadrant contains lake communities — Auburn Bay, Mahogany, Cranston — where detached typically runs $620K-$1.1M. A buyer searching "SE Calgary detached" needs to specify which lane.

The SW median ($574K) is weighted by older inner-southwest stock — Lakeview, Glenbrook — where wartime and 1960s bungalows still trade. Newer SW infills and Aspen-area builds run materially higher.

Condo vs detached over 4 years

| Type | Jan 2022 | Mar 2026 | Total appreciation | |---|---|---|---| | Detached | ~$516,000 | $741,300 | +43.6% | | Semi-detached | ~$385,000 | $667,000 | +73% | | Condo | ~$245,900 | $301,200 | +22% |

(Source: CREB HPI series, January 2022 vs March 2026.)

The four-year window matters because anchoring on YoY alone misses the pandemic-era price reset. From January 2022, condos appreciated +22% — meaningfully less than detached (+43.6%) and semi-detached (+73%). The flat 2026 YoY reading is best read as condos digesting earlier gains rather than rolling over.

Inner-city condo neighbourhoods — Beltline, Bridgeland, Mission, Eau Claire — are where most of the trading volume happens, and where the sub-$400K entry-level inventory sits. Stock turnover in those pockets remained healthy through Q1 2026, even as the benchmark stayed flat.

The semi-detached picture (+73% over 4 years) is the segment most likely to surprise readers anchored on detached as the only barometer. Mid-density inner-ring product has compounded faster than freehold detached over the same window.

Days-on-market split

The bracketed-market reality: sub-$700K detached is still in seller's-market territory, with median DOM under 14 days. Over $800K detached averages 31 days — buyer's-market territory by any standard definition. The middle bracket ($700K-$800K) sits in between but trends toward the slower end of the split.

Inventory rose 8.2% MoM but the supply increase is concentrated in the upper brackets — $800K+ detached, larger luxury condos, and inner-city semi-detached above $750K. The affordable end stays tight.

Pricing-strategy implication: sellers in the under-$700K detached segment have pricing power and can hold list price into multiple-offer scenarios; sellers above $800K need to price for the back half of 2026, not the spring 2024 highs. The two segments have effectively decoupled.

Buyer programs context

The federally-backed stack a buyer can lean on in 2026:

FHSA: $8,000/year, $40,000 lifetime per buyer (tax-deductible going in, tax-free coming out for a qualifying first-home purchase)
HBP: up to $60,000 from RRSP per buyer, repaid over 15 years (limit increased from $35K for withdrawals after April 16, 2024)
Combined ceiling: $100,000 per buyer, $200,000 per couple if both maxed

The federal First-Time Home Buyer Incentive ended on March 31, 2025. Any blog still listing it as active is outdated.

The stress test still gates qualification: insured mortgages qualify at the higher of contract rate +2% or the 5.25% regulatory floor.

For the full mechanics including the 5/10/20 down-payment tiers and Calgary-specific worked examples, see the Calgary FTHB programs 2026 writeup. For 5+ unit investor activity, see MLI Select.

What this means

So — if you're buying under $700K, you're still in a seller's market and the inventory bump won't help you much; price tight, write clean offers, expect competition. If you're selling over $800K, you're sitting on weeks not days; price for the back half of 2026, not the headline. Same city, two markets — pick the right one and act accordingly.

Get next month's report Saturday morning — join the digest. Prior month: March 2026 report.

— Hasan

General real estate information, not financial, legal, or tax advice. Always confirm specifics with a licensed advisor for your situation.

I’m a Calgary realtor at eXp — this analysis is independent of any listing pitch. If you want a custom read on your bracket, I’m at /contact.