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Tim Lacroix Mortgage Broker and REALTOR® · Calgary
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Buying and selling homes in Calgary and South Calgary

Short answer: Buyers should get pre approved, budget for closing costs and pick communities carefully. Sellers should price from real data, prepare the home and plan the next move early. In both cases, understanding the financing gives you an edge.

Monthly market update

Calgary real estate market: September 2026

Detached sales picked up in September, while condo and row prices eased.

Calgary sales
1,650
nearly 4% lower than September 2025
Benchmark price, all homes
$566,700
nearly 1% lower than a year ago
Months of supply
Just under 4
sales to new listings ratio of 49%
Detached sales
896
over 4% higher than last year, about 3 months of supply
Semi detached benchmark
$685,200
about the same as last year
Row home benchmark
$412,400
down nearly 6% from last year
Apartment condo benchmark
$291,400
down 8%+ from last year, just over 5 months of supply
Okotoks benchmark
$606,800
just over 2 months of supply

What it means for you

  • Detached homes are still the tightest part of the market. CREB says the North West, West and South districts had under 3 months of detached supply, so well priced houses still move quickly.
  • Buyers have more room on condos and townhomes. Apartment and row prices are down from last year and there is more choice, which helps first time buyers negotiate.
  • Sellers of condos and row homes need to price from current sales, not last year's. Detached sellers in South Calgary are in a better spot, but pricing still matters.

Thinking about a specific community? Read the guides for Cranston, Auburn Bay, Mahogany, Seton, Legacy, Sundance, Riverbend, Walden, or see all South Calgary guides.

Source: CREB®, September 2026 Calgary housing statistics (released October 1, 2026). Benchmark prices are unadjusted. Updated monthly.

My focus: South Calgary

I live and work in South Calgary and know communities like Mahogany, Auburn Bay, Cranston, Seton, McKenzie Towne, Legacy, Walden, Chaparral well: the schools, the parks, the commute and the small differences you won't see in a listing. I also help clients anywhere in Calgary and the surrounding towns.

Buying in Calgary

  • Get pre approved first. You'll know your budget and your offer will be stronger.
  • Know the total cost. Beyond the price, budget for closing costs, property taxes, insurance, condo fees and upkeep.
  • Research the community. School designations, commute, future development and amenities all affect how happy you'll be, and resale later.
  • Don't skip the inspection. It can reveal issues that change your decision or your price.
  • Read the condo documents. For condos and townhomes, the reserve fund and bylaws matter as much as the unit.

More on buying with me →

Selling in Calgary

  • Price from real data. Overpricing costs you time on market, and underpricing leaves money on the table.
  • Timing matters, but it's personal. Seasons, inventory and your next home all play a part.
  • Prepare the home. Declutter, fix small things and invest in great photos.
  • Plan your next move early. Check whether you can port your mortgage and whether you'll need bridge financing.

More on selling with me →

How mortgage knowledge helps

I've been a mortgage broker since 2007, long before I became a REALTOR®. On a purchase, that means I can spot financing problems early and write offers that close. On a sale, it means I understand what buyers can borrow, which shapes the right price. For the mortgage itself, my team at Lacroix Mortgage Group takes care of it.

Common Questions

Is South Calgary a good place to buy a home?

For many families, yes. South Calgary has lake communities like Mahogany and Auburn Bay, established areas along Fish Creek Park, and Seton's hospital and shopping. The right fit depends on your commute, budget and lifestyle.

What costs should I budget for besides the price?

Plan for about 1.5% of the price for closing costs (legal fees, title insurance, adjustments), plus the home inspection, moving, and mortgage default insurance if you put less than 20% down. Alberta has no land transfer tax, only modest Land Titles fees.

When is the best time to sell in Calgary?

Spring usually brings the most buyers, but there's no single best time. Your timing, your next home and current inventory matter more.

Let's talk about your next move

Buying, selling or just thinking about it? A quick call is the easiest way to start. No pressure.