02 E, Calgary - August 2026 Real Estate Report

02 E, Calgary: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs in 02 E, here's what's actually happening. The one house that sold this month went for $2,000,000 - and it sold in 2 days at 100.50% of list price. That means the buyer paid above asking. In a market where a lot of neighbourhoods are seeing hesitation, that's a strong signal.

The average HonestDoor Price for homes in 02 E sits at $794,460 right now. It's dipped a small 0.83% from last period - think of it as the market taking a breather, not falling off a cliff. The predicted market value for houses specifically comes in at $801,140, which is actually sitting above nearby 02 F ($783,800) and Royal Vista ($790,820). We're holding our own against the neighbours.

• Average HonestDoor Price: $794,460 (down 0.83% from last period)
• Average sale price this month: $2,000,000
• Average listing price: $1,990,000
• Price per square foot: $982
• Sale-to-list ratio: 100.50% - buyers paid over asking
• Average days on market: 2 days
• Predicted market value: $801,140
• 3-month moving average: $807,560

The Rental Picture

If you're thinking about renting your place out, the numbers are solid. The average rental estimate is $3,294 per month, with a rental yield of 5.12%. That's a return worth paying attention to. Short-term rental potential via Airbnb comes in around $164-$165 per night. For context, 02 E ranks 171st in Calgary for Airbnb - not the top of the leaderboard, but not the bottom either.

• Average rental estimate: $3,294/month
• Rental yield: 5.12%
• Airbnb estimate: $164-$165/night
• Airbnb rank in Calgary: 171 out of all neighbourhoods

The Secret Sauce - Why You Need Your HonestDoor Price Right Now

Here's the thing about your city tax assessment: it's a snapshot from months ago, sometimes longer. It doesn't know what sold on your street last week. It doesn't adjust when buyer demand spikes. It's a static number in a moving market.

The HonestDoor Price is updated in real time. It's pulling in current sales data, listing activity, and price-per-square-foot trends as they happen. Right now, 02 E sits at a price rank of 12 out of 220 neighbourhoods in Calgary. That puts us among the most expensive areas in the city. Your city assessment almost certainly doesn't reflect that standing. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to use, not the one the city mailed you.

The Neighbourhood Leaderboard

Let's be straight about where 02 E stands in the Calgary rankings right now.

• Price rank: 12 out of 220 neighbourhoods - among the most expensive in Calgary
• Days-on-market rank: 2 out of 77 - properties here sell faster than almost anywhere else in the city
• Growth rank: 136 out of 236 - below average for growth right now, which is the honest part of the picture

The growth rank is worth understanding. 02 E is not leading the city in appreciation right now - that's the real talk. But a price rank of 12th and a days-on-market rank of 2nd tells you that buyers still want to be here badly. They're just not pushing prices up as fast as some other pockets of Calgary. That's a stable, high-demand market, not a struggling one.

The So What - Should You Sell This Summer?

If you're thinking about listing this summer, the case is actually pretty good. Homes in 02 E are selling in 2 days on average and going over asking price. That is not a buyer's market. That is a seller's market doing exactly what you want it to do.

The slight dip in the HonestDoor Price (-0.68% recently) and the 3-month moving average trending down from $807,560 to $801,140 suggests the peak of this particular run may have passed. Waiting for prices to climb back up is a gamble. Listing while days-on-market is at 2 days and buyers are paying over asking? That's timing the market without trying to time the market.

Bottom line - if you've been sitting on the fence, this summer looks like a smarter window than waiting to see what fall brings. Check your HonestDoor Price first so you know exactly what you're working with before you call your agent.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.