Belmont, Calgary - July 2026 Real Estate Report

Belmont, Calgary: Your City Assessment Is Lying To You (And It's Costing You Money)

If you own a home in Belmont and you're still relying on your city assessment to know what your place is worth, here's a reality check. The numbers have moved - and not in the direction the city's paperwork suggests.

The Vibe: Houses vs. Condos - Two Very Different Stories

We're seeing a split market in Belmont right now, and it matters which side of it you're on.

Houses: Taking a Breather

• Average sale price: $578,000 - down 2.6% from last month
• Average listing price: $592,840
• Price per square foot: $369
• Homes are selling at 98.33% of list price - buyers are negotiating, and winning
• Average days on market: 77 days
• Only 1 sale recorded this month
• 48 total transactions in 2026
• Rental yield: 5.51% - that's a strong number for landlords
• Estimated rent: $2,668 per month

Houses in Belmont are sitting longer than most of us would like. A 77-day average on market puts us near the bottom of the Calgary rankings - 65th out of 76 neighbourhoods tracked. That's not a panic signal, but it does mean sellers need to price sharp from day one. The good news? Our growth rank sits at 75 out of 233 neighbourhoods. That puts Belmont houses in the above-average tier for Calgary - we're holding our own, even if the last month felt soft.

Condos: The Quiet Outperformer

• Average sale price: $442,000 - stable
• Average listing price: $450,000
• Price per square foot: $351
• Selling at 98.22% of list price
• Average days on market: 50 days
• Predicted market value: $482,507 - up from the 3-month average of $454,295
• Recent value change: 5.54%
• Rental yield: 3.96%
• Estimated rent: $2,232 per month

This is the stat worth sharing at the block party: Belmont condos rank 12th out of 216 Calgary neighbourhoods for growth. That puts us in the top 6% of the entire city. While houses are cooling off, condo values here are quietly climbing. The 3-month trend is pointing up, and the HonestDoor Price for condos has jumped 4.02% from the previous period. That's real momentum.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened on your street last month. It doesn't adjust when the market shifts. It just sits there, frozen in time, while the real world moves around it.

For houses in Belmont, the average city assessment is $671,033. The average HonestDoor Price is $553,796. That's a gap of 17.47%. If you're pricing a sale, or even just thinking about your net worth, using the assessment number is like navigating with an old map. You'll end up in the wrong place.

For condos, the story flips. The average city assessment is $481,383, but the HonestDoor Price is $501,910 - sitting 4.26% above the assessment. Condo owners here are actually being undervalued by the city's numbers. That's money left on the table if you don't know to look for it.

The HonestDoor Price pulls from real transaction data, current listing activity, and live market signals. It's the real-world check that your tax notice simply cannot provide.

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

Let's be straight with each other. If you own a house in Belmont and you're hoping to sell this summer, the market is telling you to move with intention - not urgency, but intention.

Prices are down slightly month-over-month, homes are sitting for over two months on average, and buyers know they have room to negotiate. That doesn't mean you can't get a great result - it means you need to price it right from the start. Overpricing and chasing the market down is the most expensive mistake you can make right now.

If you own a condo, your timing window looks better. Values are trending up, the growth rank is elite, and the predicted market value of $482,507 is climbing past the 3-month average. You have momentum on your side.

Either way, the first step is knowing your actual number - not the city's number, not a neighbour's guess. Belmont has 619 assessed houses and 111 assessed condos this year. Most of those owners are working with stale data. The ones who check their HonestDoor Price first are the ones who negotiate from a position of knowledge.

Neighbourhood growth is sitting at 0.16% year over year. It's not explosive, but Belmont is steady - and in a city where a lot of neighbourhoods are losing ground, steady looks pretty good right now.

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.