If you have been watching the "For Sale" signs in 09 Q lately, here is the honest picture. The average HonestDoor Price for homes in this neighbourhood sits at $1,202,412 - but that number has dipped 4.32% from the previous period. The market is taking a breather, and if you own here, that is worth paying attention to before your next move.
On the house side, the predicted market value comes in at $1,256,762. That sounds strong, but it is already trending below the 3-month moving average of $1,264,292. In plain terms, values have slipped 2.50% recently, and the direction of travel right now is downward. Not a cliff - but a slide worth watching.
We do not have condo-specific data to break out separately for 09 Q right now, so we are keeping it straight and sticking to what the numbers actually say about houses here.
Here is a stat that should get your attention. On Calgary's neighbourhood growth leaderboard, 09 Q ranks 215 out of 233 comparable neighbourhoods. That puts us near the bottom of the pack right now. It does not mean the neighbourhood is broken - but it does mean the growth momentum that some other Calgary areas are seeing is not showing up here yet.
For context, here is how nearby neighbourhoods stack up on HonestDoor Price:
09 Q is still the priciest of this group by a clear margin. But with values softening, that gap could narrow if the slide continues.
Here is the thing about your city tax assessment - it is a snapshot from months ago, sometimes longer. It does not know that 09 Q prices have dropped 4.32% recently. It does not know the 3-month moving average is already heading south. It is basically a photo of a market that no longer exists.
Your HonestDoor Price is updated in real time. It is pulling in current sales data and market signals to give you a live number - not a stale one. Right now, with values in motion, that difference matters a lot. If you are making any decision about your property - selling, refinancing, even just understanding what you actually own - the HonestDoor Price is the number to check first.
The predicted value for houses in 09 Q sits at $1,256,762. That is your real-world check. Compare it to whatever your last assessment said, and you will quickly see why waiting for the city to catch up is not a strategy.
If selling this summer is on your mind, here is the straight talk. Values are moving in the wrong direction right now. A 4.32% drop is not panic territory, but it is not nothing either. Every month you wait could mean a lower number on your listing.
On the upside, 09 Q homes are still commanding over $1.2 million on average - well above the nearby neighbourhoods. And if you are thinking about holding and renting instead, the average rental estimate of $4,609 per month is solid, with a rental yield of 4.49%. That is a moderate but real return if you want to ride out the soft patch.
Airbnb is also an option worth a look. The estimate runs around $230 per night, though 09 Q ranks 61st in Calgary for Airbnb potential - decent, but not a top-tier short-term rental market.
Bottom line - if you are serious about selling, do not wait for the market to come back to you. Check your HonestDoor Price today, price it right, and get ahead of the slide. That is the move a savvy neighbour would make.
09 q | calgary | july 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.