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Alberta Housing Market Report
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Market Report Summary for February 2026
Updated March 30th, 2026
Alberta Housing Market Overview
Data for February 2026
Avg. Sold Price:$521,364
All Property Types:$521,364
Detached:$612,070
Semi-Detached:$525,651
Townhouse:$384,032
Condo Apartment:$305,082
Transactions (Buy/Sell):4,716
All Property Types:4,716
Detached:2,783
Semi-Detached:509
Townhouse:676
Condo Apartment:748
Alberta Average House Prices by City
Alberta Housing Market as of February 2026
The average home price in Alberta increased to $521,364 in February 2026 and is up 1.6% from January 2026 and 2.3% higher than February 2025.
Alberta’s benchmark home price was $504,500, an increase of 1.0% and decrease of 3.1% year-over-year.
Sales and New Listings
There were 4,716 home sales in Alberta’s housing market in February 2026, a decrease of 9.7% year-over-year.
New listings increased monthly to 8,484 (up 4.0% year-over-year). Inventory levels increased 11.0% year-over-year to 15,294 units.
Key Statistics:
- Total Residential Sales: 4,716 (9.7% decrease year-over-year)
- New Listings: 8,484 (4.0% increase year-over-year)
February 2026 saw these year-over-year changes based on property type:
- Detached: $612,070 (1.4% increase year-over-year)
- Semi-Detached: $525,651 (1.9% decrease year-over-year)
- Row: $384,032 (1.9% decrease year-over-year)
- Apartment: $305,082 (3.2% increase year-over-year)
Sales-to-New-Listings Ratio (SNLR)
February 2026
| City | February 2026 Sales-to-New-Listings Ratio (SNLR) | February 2025 Sales-to-New-Listings Ratio (SNLR) | Change |
|---|---|---|---|
| Calgary | 55% | 61% | |
| Edmonton | 53% | 66% | |
| Red Deer | 68% | 90% | |
| Lethbridge | 80% | 95% | |
| Medicine Hat | 104% | 89% | |
| Grande Prairie | 53% | 83% | |
| Fort McMurray | 75% | 74% | |
| Alberta | 56% | 64% |
The provincial sales-to-new listings ratio (SNLR) was 56% in February 2026. Months of supply stood at 3.24, which represents an increase of 22.0% year-over-year.
Regional Breakdown
| City | Average Home Prices (February 2026) | Population (2021) |
|---|---|---|
| Calgary | 1,481,806 6.4% vs. 2016 | |
| Edmonton | 1,418,118 7.3% vs. 2016 | |
| Red Deer | 100,844 4.0% vs. 2016 | |
| Lethbridge | 123,847 5.5% vs. 2016 | |
| Medicine Hat | 76,376 -0.2% vs. 2016 | |
| Grande Prairie | 64,141 1.5% vs. 2016 | |
| Fort McMurray | 68,002 1.3% vs. 2016 |
Housing Markets of Major Cities in Alberta
Housing Markets Across Canada
Disclaimer:
- Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
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