MARKET STATS

March

February compared to 782 a year ago. While supply has improved, buyer demand has remained steady, with February sales

rising slightly year-over-year from 313 to 322 transactions. With roughly 2.8 months of inventory based on current sales

activity, the market continues to favour sellers, although conditions are gradually becoming more balanced as listings

increase.

Prices continue to trend upward across the region. The average residential sale price reached $472,500 in February 2026

compared with $401,430 a year earlier, while the median price increased to $415,000 from $369,900. At the same time,

homes are taking somewhat longer to sell, with average days on market increasing from 50 to 62 days. This suggests that

while demand remains healthy, buyers are becoming slightly more deliberate as inventory improves.

The Alberta economy continues to support housing demand through strong population growth and interprovincial migration,

along with housing prices that remain relatively affordable compared with many Canadian markets. These factors are helping

maintain steady buyer activity in Central Alberta even as interest rates and broader economic uncertainty encourage a more

measured pace in the market.

Central Alberta’s real-estate activity over the past several years shows a consistent seasonal cycle. Listings and sales both rise

sharply in spring, with sales peaking in May and listings continuing upward into summer before both metrics taper through fall and

slump in winter. Listings grew from around 729 in January 2025 to a high of nearly 1,470 in August, while sales climbed from the

high-200s in winter to over 640 by May, then decreased steadily toward year-end.

The relationship between supply and demand suggests a healthy, balanced market. Spring 2025 saw particularly strong demand

with a high sales-to-listings ratio, but as more inventory came online in summer and into early 2026, that ratio moved back toward

balanced conditions. Early 2026 figures show higher inventory than the previous year’s winter but slightly lower sales, indicating

more choices for buyers and less upward pressure on prices relative to last spring.

Looking at the broader Alberta economy, multiple sectors have influenced housing dynamics. Oil and gas activity—still a

cornerstone of the provincial economy—remains sensitive to global price shifts, affecting employment and regional population

flows. Agriculture, manufacturing, and infrastructure investment also contribute to economic resilience, helping sustain consumer

confidence. Together, these factors support steady housing demand in Central Alberta, even as seasonal and broader economic

swings temper the market.

January

December

November

October

September

August

July

June

March

February

January

December

November

October