If you own a home in 09P, you are sitting on one of Calgary's higher-priced addresses - and the numbers just moved in your favour. The average HonestDoor Price hit $1,322,324, up nearly 6% from the previous period. That is real money. The kind that makes a difference when you are deciding whether to list, refinance, or just feel good about your mortgage.
Let us be straight with you. The 09P market for houses is doing two things at once - holding strong on price while taking a breather on speed and volume.
Buyers have the upper hand right now. Homes are sitting for over two months on average, and the sale-to-list ratio tells you sellers are coming down to close deals. That is not a crisis - it is just a market where pricing sharp from day one actually matters.
On the rental side, 09P holds its own. Estimated rent comes in at $4,837 per month with a rental yield of 4.46%. That is a moderate but respectable return for a neighbourhood at this price point. If short-term rentals are your thing, the Airbnb estimate sits at $250 per night, ranking 38th across all of Calgary - that is a solid position in a city with a lot of competition.
Here is where 09P stands when stacked against the rest of Calgary's 221 comparable neighbourhoods:
For context, nearby Belvedere averages $601,367 and 09Q sits at $1,126,800. 09P prices both of them. You are in the premium tier of this pocket of Calgary.
Here is the thing about your city assessment - it is a snapshot from months ago, built on broad formulas that do not know your street, your renovations, or what sold two blocks over last Tuesday. The HonestDoor Price is updated in real time using actual transaction data and current market signals.
Right now, the HonestDoor Price for 09P is $1,322,324 - up 5.96%. Your city assessment has almost certainly not caught up to that. That gap matters if you are refinancing and want to maximize your borrowing power. It matters if you are in an estate situation. It matters if you are just trying to figure out what your biggest asset is actually worth today - not what a government office decided it was worth last year.
Think of the HonestDoor Price as the real-world check. Use it before you make any move.
Honest answer: it depends on how you play it.
The market is not broken, but it is not a feeding frenzy either. Buyers are taking their time - 67 days on market says that clearly. And they are coming in below asking, landing deals at about 91 cents on the dollar. If you list at a wishful number, you will sit. If you price it right from the start, you can still move a premium property in a premium neighbourhood.
The growth rank of 168 out of 221 tells us 09P is not the hottest appreciating neighbourhood in Calgary right now. But the price rank of 73 out of 221 tells us it is still one of the more valuable ones. You are not selling from a position of weakness - you are selling from a position of quality in a patient market.
If you are thinking about listing this summer, check your HonestDoor Price first. Know your real number. Then price with confidence, not hope.
09p | 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.