Northwest Calgary Housing Market Update – August 2026

Northwest Calgary’s housing market remained relatively balanced in August 2026, although conditions varied by property type. Across the communities included in this update, total residential sales declined approximately 8% compared with August 2025. New listings fell 12% and inventory declined 2%. The overall sales-to-new-listings ratio improved from 56% to 59%, while months of supply increased slightly from 3.35 to 3.56 months. Homes took an average of 39 days to sell and achieved approximately 98% of their asking price.

Detached homes recorded the strongest results. Sales increased 5% year over year, while new listings declined 7% and inventory remained relatively unchanged. The sales-to-new-listings ratio improved from 55% to 63%, and months of supply decreased from 3.11 to 2.93 months. Detached homes took approximately 36 days to sell, compared with 32 days last August, and achieved approximately 98% of list price.

Semi-detached sales declined 23%, while new listings increased 5% and inventory rose 13%. As a result, the sales-to-new-listings ratio fell from 75% to 55%, and months of supply increased from 2.33 to 3.43 months. Despite the additional supply, average days on market improved from 38 to 28 days. Semi-detached properties continued to sell for approximately 98% of their asking price.

Townhouse sales decreased 19% year over year, while new listings increased 5% and inventory remained relatively stable. The sales-to-new-listings ratio declined from 72% to 55%, and months of supply increased from 3.10 to 3.87 months. Average days on market rose from 37 to 41 days, with townhouses selling for approximately 98% of list price.

Apartment sales also declined 23%. New listings fell more sharply, decreasing 38%, which improved the sales-to-new-listings ratio from 44% to 54%. However, months of supply increased from 4.59 to 5.38 months as sales slowed. Apartments took an average of 52 days to sell, compared with 54 days last August, and achieved approximately 97% of their asking price.

Overall, Northwest Calgary’s detached market remained the most resilient segment, supported by higher sales and fewer new listings. Buyers had more choice and negotiating room in the semi-detached, townhouse and apartment markets. Accurate pricing remained especially important for attached properties, where supply was higher relative to current demand.

2. Mature, Established & Institutional Hubs

University District: A award winning, modern master planned community offering contemporary condos and townhomes built above a highly walkable, trendy retail main street.

Varsity: Consistently rated one of Calgary’s best neighborhoods, it features massive lots, mature tree canopies, top ranking schools, and immediate proximity to Market Mall.

Brentwood: A beautifully mature community centered around excellent transit links (LRT), high-ranking schools, and a diverse range of single family homes and newer high-rise condos.

Dalhousie: An amenity-rich, highly accessible neighborhood that appeals to families and investors alike due to its dedicated C-Train station and solid mid-century bungalows.

Edgemont: Perched on some of the highest elevations in the NW, this expansive community is famous for its panoramic mountain views, extensive ravine trails, and elite public schooling options.

Silver Springs: A peaceful, established neighborhood defined by its close proximity to the scenic Bowmont Park, outdoor pool, and exceptional vistas of the river valley.

Scenic Acres: A quiet, purely residential community featuring mid to large single family detached homes with spectacular, unobstructed views of the Rocky Mountains.

Hawkwood: A mature, safe residential neighborhood filled with spacious two storey family homes from the 1980s and 1990s, offering great local parks and school connections.

Ranchlands: Known for its relative affordability in the NW quadrant, providing an excellent mix of starter detached homes, row houses, and highly accessible commercial plazas.

Collingwood & Charleswood: These quiet sister communities directly border the sprawling Nose Hill Park, offering classic mid-century bungalows on expansive lots with a private, park like feel.

4. The New North-West (Symons Valley & Growth Corridors)

Evanston: A highly popular, family focused master planned community filled with modern detached homes, extensive playground networks, and rich localized shopping plazas.

Sage Hill: Characterized by its beautiful rolling hills and natural ravines, this area features excellent commercial plazas and a heavy focus on modern townhomes and apartment options.

Nolan Hill: Emphasizes a distinct British-Isles-inspired architectural aesthetic, offering relatively newer single family detached homes and functional townhomes.

Livingston: A massive, forward-thinking master-planned community straddling Centre Street that features highly energy efficient modern homes, a sprawling 35,000 square-foot HOA facility, and a future planned urban town center.

Sherwood: A smaller, premium enclave within the Symons Valley area featuring high-end architecture, castle-inspired stone entryways, and larger executive layouts.

Ambleton: A newer extension of the NW providing contemporary architectural designs, pedestrian friendly streets, and highly efficient modern starter homes.

Carrington: A rapidly expanding, master planned community just north of Stoney Trail that blends scenic environmental reserves and winding pathways with contemporary homes, masterfully anchored by its own growing commercial hub, Carrington Green.

Glacier Ridge: A massive, brand new master planned community framing the far northern edge, blending rugged coulee landscapes with modern heritage style architecture.