09P , Calgary - July 2026 Real Estate Report

09P, Calgary: High Price Tag, Slow Market - Here's What Neighbours Need to Know

The Vibe Right Now

If you've been watching the "For Sale" signs in 09P, here's what's actually happening. This is one of Calgary's pricier pockets - ranked 19th out of 220 neighbourhoods on price - but the market is taking a breather. Homes are sitting longer, selling below ask, and values are drifting down. That's the honest picture.

For houses, the average sale price is sitting at $900,000, but the predicted market value tells a different story at $1,302,302. That gap matters. Properties are selling at just 91.49% of list price, which means buyers are negotiating hard and winning. The average home spent 67 days on the market before finding a buyer. In a hot market, that number would be half that. Only 1 house sold last month, and that's essentially flat from the month before. We're not in panic territory, but we're not in a seller's paradise either.

• Average sale price (Houses): $900,000
• Price per square foot: $225
• Sale-to-list ratio: 91.49% - buyers are paying below asking
• Average days on market: 67 days
• Properties sold last month: 1
• Rental estimate: $4,991 per month
• Rental yield: 4.38%

The Neighbourhood Leaderboard - Where 09P Actually Stands

Here's a stat worth pinning to your fridge. On growth rate, 09P ranks 212 out of 233 comparable neighbourhoods in Calgary. That puts us near the bottom of the leaderboard right now. Property values have shifted by -2.10% recently, and the 3-month moving average of $1,317,102 is trending downward. On days-on-market, we rank 63rd out of 76 - meaning homes here sell slower than most of the city.

The one bright spot? Price rank. Coming in at 19th out of 220 neighbourhoods, 09P is still among the most expensive addresses in Calgary. That's not nothing. Nearby, Belvedere averages $612,868 and 09Q comes in at $1,202,412 - both cheaper than us. The premium is real, even if the momentum has slowed.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here's the thing about your city assessment: it's a snapshot from the past. It doesn't know that values in 09P have dropped 2.10% recently. It doesn't know buyers are negotiating 8.51% off list price. It's essentially a photo from last year telling you what your house looks like today.

The HonestDoor Price for 09P sits at an average of $1,287,229 - and it's updated in real time. It's already baked in the recent -1.16% dip. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the real-world check you need. Your tax assessment is not that. Use the number that actually reflects today's market, not last year's.

The "So What?" - Thinking About Selling This Summer?

Straight talk: this is a buyers' market. If you're thinking about listing in 09P this summer, you need to go in with clear eyes. Buyers are paying below ask, homes are sitting for over two months on average, and the growth rank puts us near the bottom of the city leaderboard. That doesn't mean you can't sell - it means you have to price it right from day one.

Overpricing right now is the fastest way to sit on the market and eventually accept a lowball offer anyway. The sellers who win this summer will be the ones who list sharp, not the ones who test the market with a wishful number. Check your HonestDoor Price, understand the gap between that and what homes are actually closing at, and have a real conversation about your strategy before you plant that sign in the lawn.

• Market type: Buyers' market
• Average HonestDoor Price: $1,287,229 (down 1.16%)
• Predicted market value: $1,302,302
• Growth rank: 212 out of 233 - bottom tier in Calgary
• Total transactions in 2026: 4
• Airbnb rank in Calgary: 44th - short-term rental potential is a real secondary option

One silver lining worth noting - 09P ranks 44th in Calgary for Airbnb potential, with an estimated $246 to $248 per night. If selling isn't the right move right now, holding and renting short-term is a legitimate play while you wait for the market to find its footing again.

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.