Home / Buyer Guide / Calgary vs. Edmonton Condo Prices
Calgary Condo Guide

Calgary vs. Edmonton Condo Prices

An average Calgary apartment condo cost $110,087 more than one in Edmonton in September 2026 — $318,759 vs. $208,672. Over the year, Calgary's average apartment price was down 8.7% and Edmonton's up 0.6%.

Prices side by side

CalgaryEdmonton
View as table
MeasureCalgaryEdmonton
Avg apartment condo$318,759$208,672
Apartment benchmark$291,400$197,400
Avg townhouse condo$432,178$289,640
Townhouse benchmark$412,400$269,500

Calgary apartment condos averaged 53% more than Edmonton's; townhouse condos 49% more.

Which way prices are moving

Year over year, September 2026CalgaryEdmonton
Avg apartment condo↓ 8.7%↑ 0.6%
Apartment benchmark↓ 8.3%↓ 1.1%
Avg townhouse condo↓ 5.6%↓ 4.5%
Townhouse benchmark↓ 5.5%↓ 3.4%
Apartment condo sales343280
Months of supply (all residential)3.94.1

Calgary's condo market cooled faster over the past year, with apartment benchmarks down 8.3% against 1.1% in Edmonton. Both cities sit in balanced territory on months of supply.

What the gap means for buyers

Higher entry price in Calgary

At each city's average apartment price, the minimum 5% down payment is about $15,900 in Calgary and $10,400 in Edmonton.

Softer Calgary prices

Calgary apartment prices were down 8.7% over the year, while Edmonton's were up 0.6%. The gap between the two cities' average apartment prices narrowed from about $142,000 to $110,000.

Same province, same rules

No land transfer tax, the same Alberta condo law and the same federal first-time buyer programs apply in both cities.

Weighing both cities? Our sister site condosforsaleedmonton.ca covers Edmonton condos, buildings and monthly market reports the same way this site covers Calgary.

About these numbers

Calgary figures are for the City of Calgary from the Calgary Real Estate Board (CREB®) (October 1, 2026 release). Edmonton figures are for the Greater Edmonton Area from the REALTORS® Association of Edmonton (October 2, 2026 release), cross-checked with WOWA.ca. CREB's "row" category is shown here as townhouse condos. Board areas and methods differ slightly; benchmark (MLS® HPI) prices are the best like-for-like comparison. See our September 2026 Calgary report.

FAQ

Quick Answers

Are condos cheaper in Calgary or Edmonton?
Edmonton. In September 2026 the average apartment condo was $318,759 in Calgary vs. $208,672 in Edmonton, and the average townhouse condo $432,178 vs. $289,640.
Are Calgary condo prices falling?
Yes. In September 2026, Calgary's average apartment condo price was down 8.7% year over year and the apartment benchmark was down 8.3% (CREB®).
Is the Calgary or Edmonton condo market more balanced?
In September 2026, Calgary had 3.9 months of supply across all residential property types and Edmonton 4.1. Under about 3 months usually favours sellers and over about 5 favours buyers, so both were in balanced territory.
Do the same condo rules apply in Calgary and Edmonton?
Yes. Both cities follow Alberta's Condominium Property Act and Regulation, neither has a land transfer tax, and the same federal first-time buyer programs apply. Local differences are in property tax rates, assessments and each building's bylaws.

Sources: Calgary Real Estate Board (CREB®) — September 2026 housing statistics · WOWA.ca — Calgary Housing Market Report (CREB data) · REALTORS® Association of Edmonton — September 2026 release · WOWA.ca — Edmonton Housing Market Report

General information for Alberta condo buyers, not legal, tax or financial advice. Confirm details with your REALTOR®, lawyer, lender or accountant.

The Elevate Realty Group team
About the Team

Elevate Realty Group

We're an Alberta real estate team with Real Broker, helping condo buyers and sellers across Calgary's Beltline, Downtown, East Village, Mission and beyond. We know what to look for in condo documents, reserve funds and bylaws, and we give you straight answers — no pressure.

  • Market knowledge — neighbourhoods, building types and recent sales across Calgary
  • Condo document review — once your offer is accepted, we flag red flags before you waive conditions
  • Buyer, seller and investor experience — first condos, downsizes and rental portfolios

★ Read our Google reviews →

Ready to Search?

Live Condo MLS® Listings

Search every condo on the Calgary MLS®, updated daily — then let a local condo specialist help you separate the great buildings from the money pits.