If you've been watching the "For Sale" signs in 02 E, here's what's actually happening. The average HonestDoor Price sits at $783,960 - and yes, it's down 2.26% from last period. That's the market taking a breather, not falling off a cliff. The bigger story? The one house that actually sold this month went for $2,000,000 at 100.50% of list price. Buyers paid above asking. In two days. That's not a slow market - that's a sellers' market doing exactly what it's supposed to do.
We're in a neighbourhood where properties don't sit. The days-on-market rank is 2 out of 82 neighbourhoods tracked in Calgary. That puts us near the very top of the "gone fast" leaderboard. When a home hits the market here, serious buyers show up immediately.
Here's where 02 E earns its reputation. On price, we rank 15 out of 221 Calgary neighbourhoods. That puts us in the top 7% of the most expensive areas in the city. On growth, we rank 73 out of 221 - solidly above average. And on speed of sale, we're ranked 2nd out of 82. That combination - high price, above-average growth, and lightning-fast sales - is exactly what you want to see if you own here.
How do we stack up against the neighbours? Royal Vista is sitting at $783,350 and 02 F is at $738,500. We're holding our own against Royal Vista and running ahead of 02 F. Then there's 01 K next door at $3,119,000 - a different league entirely, but it tells you something about the calibre of real estate in this part of Calgary.
Here's the thing about your city assessment - it's a snapshot from the past. It's calculated once a year using data that's already months old by the time it lands in your mailbox. The market doesn't wait for paperwork.
The HonestDoor Price is updated in real time. Right now it's showing $783,960 on average, with a predicted value of $802,060 for houses - and that number is trending up from the 3-month moving average of $799,220. That gap between what the city thinks your home is worth and what a buyer would actually pay today? That's money left on the table if you're relying on an outdated assessment to make decisions.
If you own in 02 E, pull your HonestDoor Price today. Not next assessment cycle. Today.
Straight talk: the conditions are good. Homes here are selling in two days and buyers are paying above list price. That's not a fluke - that's a pattern. If you've been sitting on the fence about listing this summer, the data is nudging you off it.
The rental picture also gives you options. Average rental income is estimated at $3,268 per month, with a rental yield of 5.11%. That's a strong return if you're weighing whether to sell or hold and rent. Airbnb adds another angle at roughly $163 per night, though 02 E ranks 170th in Calgary for Airbnb potential - so long-term rental is likely the smarter play here.
Bottom line for 02 E homeowners: you're sitting in a fast-moving, high-value neighbourhood that's holding strong. The market has slowed slightly from its peak, but buyers are still showing up ready to pay. If selling is on your radar for this summer, the window is open - and right now, it's wide open.
02 e | calgary | october 2026This 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.