If you live in 12 I and you have been wondering whether the market is moving in your favour, here is the honest answer: it depends on what you own. Houses and condos are telling two very different stories right now, and both of them matter for your wallet.
The average HonestDoor Price for a house in 12 I sits at $928,150. That is down 2.36% from the previous period, and the 3-month moving average of $956,842 confirms we are not just seeing a blip - values have been softening for a bit. The predicted market value is $950,550, which means there is still real money here, but the direction is worth watching.
On the neighbourhood leaderboard, houses in 12 I rank 194 out of 221 for growth in Calgary. That puts us near the bottom of the pack right now. Not a panic moment, but not a reason to sit on your hands either.
The silver lining? If you are a landlord or thinking about becoming one, the rental picture is solid. Estimated rent comes in at $2,986 per month with a rental yield of 5.14%. That is a strong return by any measure.
Condos are where things get interesting. The average HonestDoor Price jumped 9.59% to $556,300 - that sounds great. But the predicted market value is $507,600, and it is sitting below the 3-month moving average of $550,200. On top of that, recent price change is down 9.13%. So yes, the headline number looks good, but the momentum right now is pointing the other way.
On the leaderboard, condos in 12 I rank 205 out of 207 for growth in Calgary. That is near the very bottom. If you own a condo here, that number deserves your attention.
Rental yield for condos comes in at 3.83% - moderate, not spectacular. Estimated rent is $2,570 per month, which is workable, but the numbers do not scream "buy and hold" the way the house side does.
For houses, 12 I is priced well above nearby options. Seton sits at $640,578, Cranston at $768,289, and Rangeview at $557,474. If someone wants the 12 I address, they are paying a premium for it - and right now that premium is softening slightly.
For condos, the comparison is a bit all over the place. Seton condos average $328,075 and Cranston comes in at $355,806. Rangeview is an outlier at $2,240,500, which likely reflects a very small or unique sample. The point is: 12 I condos at $556,300 are priced above most of the immediate competition.
Here is the thing about your city assessment: it is a snapshot from months ago, sometimes longer. It does not know that house prices in 12 I have shifted 2.36% recently, or that condo values are moving fast in both directions. Your tax assessment is basically a history lesson.
The HonestDoor Price is updated in real time using actual market signals. That means if you are thinking about selling, refinancing, or just want to know what your place is genuinely worth today - not last year - the HonestDoor Price is the number to look at first. It is the real-world check that your assessment simply cannot give you.
For house owners in 12 I, the window is not closed - but it is narrowing a little. Prices are still strong in absolute terms at $928,150 average, and you are sitting above every nearby neighbourhood. But with values down 2.36% and a growth rank of 194 out of 221, waiting for things to improve on their own is a gamble. If you have been thinking about listing, this summer is worth taking seriously.
For condo owners, the conversation is more urgent. A growth rank of 205 out of 207 is a real signal. The predicted value of $507,600 is already below the recent moving average, and the downward trend in the short-term data is hard to ignore. If selling is on your radar at all, getting a current HonestDoor Price and talking to a local agent sooner rather than later is the smart move.
Bottom line: 12 I is not a market in freefall, but it is not coasting either. Know your number, watch the trend, and do not let a stale tax assessment be the last word on what your home is worth.
12 i | 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.