Bonavista Downs, Calgary - July 2026 Real Estate Report

Bonavista Downs Real Talk: Your House Is Moving Fast, But Your Condo Needs a Closer Look

The Vibe Right Now

If you've been watching the "For Sale" signs in Bonavista Downs, here's what's actually happening. The neighbourhood is split into two very different stories depending on what you own - and knowing which story is yours could be worth real money this summer.

Houses: A Sellers' Market, Full Stop

The house market here is running hot. The average sale price hit $714,000 last month, up 3.2% from the month before. The one house that sold went for 102% of list price - meaning the buyer paid above asking. That is not a fluke. That is a sellers' market doing exactly what a sellers' market does.

• Average sale price: $714,000 (up 3.2% month over month)
• Average list price: $699,900
• Sold-to-list ratio: 102.01% - buyers are paying over ask
• Average days on market: 5 days
• Price per square foot: $580
• Predicted market value: $638,112 (up from 3-month average of $630,314)
• Rental yield: 5.37% - strong returns for investors

Five days on market is not a typo. Bonavista Downs houses rank 6th out of 76 Calgary neighbourhoods for how fast properties sell. That is elite territory. If you list a house here and price it right, it is essentially gone before the weekend is over.

On the neighbourhood leaderboard, Bonavista Downs houses rank 115 out of 233 Calgary neighbourhoods for growth - placing it in the above-average tier. Not the top of the class, but solidly ahead of the pack. For context, nearby Queensland is growing at 0.05% and Lake Bonavista at 0.02%, so Bonavista Downs is holding its own in good company.

Condos: Take a Breath Before You Assume

The condo picture is a different conversation. The HonestDoor Price for condos here averages $305,692 - up 2.13% from the previous period, which sounds encouraging. But the predicted market value sits at $299,323, and that number is actually drifting down from the 3-month moving average of $301,941. Values have shifted -2.71% recently.

• Average HonestDoor Price: $305,692 (up 2.13% from previous period)
• Predicted market value: $299,323 (down from $301,941 three-month average)
• Recent value change: -2.71%
• Estimated monthly rent: $1,610
• Rental yield: 4.20% - moderate returns
• Growth rank: 184 out of 216 Calgary neighbourhoods - bottom tier

That growth rank - 184 out of 216 - is the number condo owners need to sit with. It means most Calgary neighbourhoods are outpacing Bonavista Downs condos right now. Nearby Lake Bonavista condos are priced similarly at $308,337, but Queensland condos are running higher at $373,819. If you own a condo here and have been assuming it is keeping pace with the broader market, this is your reality check.

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

Here is the thing about your city assessment. It is a snapshot taken months ago, using data that is even older than that. It does not know that a house on your street just sold for 102% of list price in five days. It does not know that condo values have dipped 2.71% recently. It is essentially a photograph of a market that has already moved on.

The HonestDoor Price updates in real time. For houses in Bonavista Downs, the average HonestDoor Price is $641,685 - just 0.24% below the city's average assessed value of $643,252. Those numbers are close, which tells you the assessment is not wildly off for houses right now. But the HonestDoor Price is also showing a 0.56% increase from the previous period, meaning the live market is ticking upward while your assessment stays frozen.

For condo owners, the gap between what the city thinks your unit is worth and what a buyer would actually pay today could be more significant - especially with that -2.71% recent shift. Checking your HonestDoor Price now gives you the real-world number, not the government's best guess from last year.

So What? - What This Means If You're Thinking About Selling This Summer

If you own a house in Bonavista Downs and you've been sitting on the fence, the data is telling you something clear. Buyers are paying over asking. Properties are gone in five days. The predicted value is climbing. Summer is historically when Calgary's market gets competitive, and right now the conditions are already in your favour. Waiting is a choice, but it is not obviously the better one.

If you own a condo, the conversation is more nuanced. The HonestDoor Price is up 2.13%, which is a positive signal. But the predicted value is drifting lower and the growth rank puts Bonavista Downs condos near the bottom of the Calgary leaderboard. That does not mean do not sell - it means price it sharp, know your real number before you list, and do not anchor to what your neighbour's unit sold for two years ago.

Either way, the first move is the same. Pull your HonestDoor Price today. It takes 30 seconds and it gives you the number that actually reflects what is happening on the ground in Bonavista Downs right now - not what a government office calculated before half these recent sales even happened.

• Neighbourhood overall: 367 properties assessed, 18 transactions in 2026
• Year-over-year neighbourhood growth: 0.03%
• Average rental estimate (all property types): $3,098 per month
• Average Airbnb estimate: $154 per night (ranked 190th in Calgary)
• Average assessed value rank in Calgary: 148th
• Total transaction rank in Calgary: 109th

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.