If you have been watching the "For Sale" signs around 09 Q lately, here is what is actually happening. The market is taking a breather. The average HonestDoor Price sits at $1,126,800, but that number has dropped 8.22% from the previous period. That is not a small dip - that is real money off the table for sellers who wait too long.
For Houses specifically, the predicted market value comes in at $1,227,750, which is nudging slightly above the 3-month moving average of $1,226,146. So while the broader neighbourhood average is sliding, house values are holding a thin line. The key word there is thin. A recent change of -1.64% tells us the momentum is not on the seller's side right now.
On the rental side, we are looking at strong numbers. The average rental estimate is $4,384 per month, and for Houses specifically, estimated rent climbs to $4,672 per month. That is a rental yield of 4.51% - solid, moderate returns for anyone holding property here as an investment. If short-term rentals are your thing, the Airbnb estimate runs around $218 per night, though 09 Q ranks 72nd in Calgary for Airbnb potential, so it is not the top of the leaderboard there.
Here is the honest part. On growth, 09 Q ranks 193 out of 221 comparable neighbourhoods in Calgary. That puts us near the bottom of the pack. This is not a reason to panic, but it is a reason to pay attention.
Compare that to what is sitting nearby:
09 Q is still the priciest address in this group by a clear margin. But when growth is lagging and prices are pulling back, that premium needs to work harder to justify itself.
Here is the thing about your city assessment. It is a snapshot from months ago, sometimes longer. It does not know that 09 Q prices have dropped 8.22% recently. It does not know that house values slipped another 1.64% in the most recent period. Your tax assessment is basically a photo of a market that no longer exists.
The HonestDoor Price is updated in real time. It reflects what buyers are actually doing with their money right now - not what they were doing last year. If your assessment still shows a number from a stronger market, you could be making decisions - whether to sell, refinance, or hold - based on stale data. Pull your HonestDoor Price today and get the real-world check on where your property actually stands.
If you are thinking about listing this summer, here is the straight talk. The window is not closing, but it is not wide open either. Prices are down 8.22% from the previous period. Growth ranks 193 out of 221. That combination tells us buyers have options and they know it.
That said, a predicted house value of $1,227,750 is still a strong number. If your home is priced right - meaning priced to where the market actually is, not where it was - there are buyers out there. The rental yield of 4.51% also means investors are watching this neighbourhood. A well-priced property with good rental income potential can still move.
The worst move right now is sitting on an inflated number and hoping the market comes back to meet you. It has not been doing that. Price sharp, move fast, and use your HonestDoor Price as your anchor - not a number from a government document that has not caught up to 2025 yet.
09 q | 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.