South Calgary real estate market
Updated May 2026 · apartments · Pillar 9 / CREB sales records
As of May 2026, the typical apartment in South Calgary sold for about $315,000 (a 3-month average), down 9.7% year over year. Homes there are taking around 27 days to sell at 97.3% of asking price.
- Typical sold price
- $315,000
- −9.7% YoY
- Days on market
- 27
- −9 days YoY
- % of asking price
- 97.3%
- −0.6% YoY
3-month averages, smoothed to filter month-to-month noise · not an appraisal
As of May 2026, the typical apartment in South Calgary sold for $315,000, −9.7% year-over-year - per CREB sales records analyzed by Chris Birchard, REALTOR®.
Who holds the cards?
Negotiating leverage for apartments in South Calgary, measured against the community’s own 5-year norm.
(−0.6% vs norm)
Homes are currently fetching 97.3% of asking against a 97.9% five-year norm. What that leverage means for a specific home depends on its type, style, and price band - that’s the conversation I have with the actual comparables on the table.
Pricing & pace
Typical apartment sold price (line) against days on market (bars), last 24 months.
The grey bars are how long homes take to sell; generally, when they shrink, the price line rises. Right now South Calgary is selling faster than the seasonal norm (a 3-month median of 27 days versus 39 days historically for this time of year). Historically, high liquidity and low supply have preceded upward pressure on prices.
Last 12 months at a glance
| MONTH | TYPICAL SOLD | DAYS ON MARKET | % OF ASKING |
|---|---|---|---|
| May 2026 | $320,000 | 20 | 97.7% |
| April 2026 | − | − | − |
| March 2026 | − | − | − |
| February 2026 | − | − | − |
| January 2026 | − | − | − |
| December 2025 | − | − | − |
| November 2025 | − | − | − |
| October 2025 | $310,000 | 31 | 96.7% |
| September 2025 | − | − | − |
| August 2025 | $315,000 | 31 | 97.3% |
| July 2025 | $330,000 | 27 | 97.2% |
| June 2025 | $365,000 | 23 | 98.2% |
Single-month medians for apartments, not smoothed; − means too few sales to report.
Data via Pillar 9 / CREB, aggregated by Chris Birchard, REALTOR®. Figures are medians for apartments drawn from groups of 5 or more sales - informational only, not an appraisal or a guarantee of value. Latest data: May 2026.