Edmonton vs. Calgary Condo Prices
An average Edmonton apartment condo cost $110,087 less than one in Calgary in September 2026 — $208,672 vs. $318,759. Over the year, Calgary's average apartment price was down 8.7% and Edmonton's up 0.6%.
Prices side by side
View as table
| Measure | Edmonton | Calgary |
|---|---|---|
| Avg apartment condo | $208,672 | $318,759 |
| Apartment benchmark | $197,400 | $291,400 |
| Avg townhouse condo | $289,640 | $432,178 |
| Townhouse benchmark | $269,500 | $412,400 |
Calgary apartment condos averaged 53% more than Edmonton's; townhouse condos 49% more.
Which way prices are moving
| Year over year, Sep 2026 | Edmonton | Calgary |
|---|---|---|
| Avg apartment condo | ↑ 0.6% | ↓ 8.7% |
| Apartment benchmark | ↓ 1.1% | ↓ 8.3% |
| Avg townhouse condo | ↓ 4.5% | ↓ 5.4% |
| Townhouse benchmark | ↓ 3.4% | ↓ 5.5% |
| Months of supply (all residential) | 4.1 | 3.9 |
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
Lower entry price
Edmonton's lower prices mean smaller down payments and mortgages for the same type of condo — a big reason first-time buyers and investors look here.
Steadier values
Edmonton apartment prices held roughly flat over the year while Calgary's fell, suggesting less of a run-up to unwind.
Same province, same rules
No land transfer tax, Alberta condo law and the same federal programs apply in both cities.
About these numbers
Edmonton figures are for the Greater Edmonton Area from the REALTORS® Association of Edmonton (October 2, 2026 release) and WOWA.ca. Calgary figures are from the Calgary Real Estate Board as reported by WOWA.ca (October 2, 2026). Board areas and methods differ slightly; benchmark (MLS® HPI) prices are the best like-for-like comparison. See our September 2026 Edmonton report.
Quick Answers
Are condos cheaper in Edmonton or Calgary?
Are Calgary condo prices falling?
Sources: WOWA.ca — Calgary Housing Market Report (CREB data) · WOWA.ca — Edmonton Housing Market Report · REALTORS® Association of Edmonton — September 2026 release
General information for Alberta condo buyers, not legal, tax or financial advice. Confirm details with your REALTOR®, lawyer, lender or accountant.
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