Applewood Park, Calgary - June 2026 Real Estate Report

Applewood Park, Calgary: Your Neighbour Just Got a Reality Check on Their Home Value

If you own a home in Applewood Park and you're still going off your city assessment, you're probably working with the wrong number. Here's what's actually happening on our streets right now.

The Vibe: Houses vs. Condos

Houses - Holding Strong, But Watch the Fine Print

We're seeing some interesting tension in the house market right now. The average sale price hit $598,250 this month - up 8.9% from last month. That sounds like a hot market. But dig a little deeper and the picture gets more nuanced.

• Average sale price: $598,250 (up 8.9% from last month)
• Average list price: $542,450
• Price per square foot: $408
• Sale-to-list ratio: 99.59% - buyers are paying just under asking
• Average days on market: 50 days
• Properties sold this period: 2 (down 50% from last month)
• Predicted market value: $533,264
• Rental yield: 5.57%
• Estimated monthly rent: $2,691

Only 2 houses sold this period. That's a thin slice of data, so take the price jump with a grain of salt. What we can say is that houses here are selling faster than nearby Red Carpet (50 days vs. 67 days), which tells us demand is real. The predicted value of $533,264 is ticking up from the 3-month moving average of $531,615 - slow and steady progress.

On the neighbourhood leaderboard, our house growth rate ranks 35 out of 233 Calgary neighbourhoods. That puts us in the top 15%. That's a number worth knowing when someone asks if Applewood Park is worth buying into.

Condos - Taking a Breather

The condo side of our neighbourhood is a different story. Values are growing, but slowly, and the market is softer than what we're seeing with houses.

• Average sale price: $400,500
• Average list price: $249,900
• Price per square foot: $321
• Sale-to-list ratio: 99.64% - again, buyers paying just under asking
• Average days on market: 70 days
• Properties sold this period: 1
• Predicted market value: $191,195
• Rental yield: 4.30%
• Estimated monthly rent: $974
• Year-over-year neighbourhood growth: 0.10%

Condos are sitting on the market longer than nearby Red Carpet (70 days vs. 67 days). That's not a crisis, but it does mean condo sellers need to price sharp. The HonestDoor Price for condos here has dipped 1.86% from the previous period - a signal worth paying attention to if you're thinking about listing. The condo growth rank sits at 88 out of 211 Calgary neighbourhoods - above average, but not a standout.

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

Here's the thing about city assessments - they're a snapshot from months ago, sometimes longer. The city assessed the average Applewood Park house at $548,680. The HonestDoor Price right now is $534,155. That's a $14,525 gap. If you're pricing a sale, or even just figuring out your net worth, using the assessment means you're working with stale data.

For condos, the gap is even more dramatic. The average assessed value is $254,427. The HonestDoor Price is $187,633 - that's 26.25% lower. If a condo owner in our neighbourhood is making financial decisions based on that assessed number, they could be in for a real surprise.

The HonestDoor Price updates in real time, pulling from actual market activity. It's the difference between checking yesterday's weather and looking out the window right now.

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

If you own a house in Applewood Park and you're eyeing a summer sale, the timing has some things going for it. Growth ranks in the top 15% of Calgary. Predicted values are creeping up. And with only 39 total transactions recorded in 2026 across the neighbourhood, inventory is tight - which generally works in a seller's favour.

That said, buyers are paying just under list price, not over. So the days of throwing a number at the wall and getting 5% above asking are not what the data is showing us here. Price it right from day one. With houses averaging 50 days on market, an overpriced listing will sit.

If you own a condo and want to sell this summer, be realistic. The HonestDoor Price has slipped slightly, days on market are longer than nearby competition, and there's only been 1 condo sale this period. That doesn't mean you can't sell - it means your pricing strategy needs to be tighter. Check your HonestDoor Price before you have that first conversation with an agent. Go in informed.

Bottom line for all of us in Applewood Park - the neighbourhood is holding its own. Houses are growing faster than most of Calgary. Condos are above average but softer. And in both cases, the HonestDoor Price is the number you want in your back pocket - not the assessment letter sitting in your filing cabinet.

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.