Cambrian Heights, Calgary - August 2026 Real Estate Report

Cambrian Heights Real Estate Update: Solid Ground, But Watch the Signals

If you live in Cambrian Heights and you have been wondering whether your home is worth more or less than what the city says - the answer is: a bit more, and the gap is worth knowing about. Here is the real picture right now.

The Vibe: What Is Actually Happening in Our Neighbourhood

Cambrian Heights is holding its value better than a lot of Calgary neighbourhoods. The average HonestDoor Price for a house sits at $851,726 - that is 0.69% above the city's average assessed value. Not a massive gap, but it means our homes are punching slightly above the city average in real-world terms. The neighbourhood growth rate is essentially flat at -0.01% year over year, which is not a crash - it is a market taking a breather.

On the transaction side, 29 properties changed hands in 2026 across 721 assessed properties. That is a relatively quiet market. When fewer homes sell, each sale carries more weight - and right now, buyers have a bit of leverage.

Houses: The Numbers Up Close

• Average HonestDoor Price: $851,726 (down 2.01% from the previous period)
• Predicted market value for houses: $869,194
• 3-month moving average: $852,179 - and the predicted value is climbing above it
• Average sale price this month: $600,000 (down 32.1% from last month)
• Average list price: $614,900
• Homes sold for 97.58% of list price - buyers are paying below ask
• Average days on market: 57 days
• Price per square foot: $512
• Estimated monthly rent: $3,796 with a rental yield of 4.98%
• Growth rank: 49 out of 236 Calgary neighbourhoods - that puts us in the top quarter

That 32.1% drop in average sale price month-over-month sounds alarming, but context matters. Only 1 property sold this month. One sale does not make a trend - it makes a data point. The more reliable signal is the predicted market value of $869,194, which is actually creeping up past the 3-month average. That is a quiet positive sign.

The 57-day average on market is worth watching. We rank 54 out of 77 for days-on-market speed, meaning homes here are sitting longer than in many Calgary neighbourhoods. If you are selling, pricing sharp from day one matters more than it did two years ago.

Compared to nearby Highwood, where houses are averaging $530,000 in sales and an HonestDoor Price of $723,202, Cambrian Heights is clearly in a higher price tier. Rosemont is our closest neighbour in value at $916,443 - slightly above us and growing at the same -0.01% pace.

Condos: A Different Story

• Average HonestDoor Price: $990,016 (up 2.52% from the previous period)
• Predicted market value: $965,686
• 3-month moving average: $987,152 - and the predicted value is slipping below it
• Estimated monthly rent: $3,720 with a rental yield of 3.31%
• Recent value change: -3.79%
• Airbnb rank in Calgary: 25th - that is genuinely strong short-term rental potential
• Growth rank: 168 out of 216 Calgary neighbourhoods

The condo picture is more mixed. The HonestDoor Price is up 2.52%, which sounds good - but the predicted value is now sitting below the 3-month moving average, and the recent -3.79% value change is a real signal that condo prices here are softening. The growth rank of 168 out of 216 puts condos in below-average territory for Calgary right now.

The bright spot? That Airbnb rank of 25th in all of Calgary is legitimately impressive. If you own a condo here and are thinking about short-term rental income, the demand signal is strong even if the appreciation story is quieter.

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

Here is the thing about your city assessment - it is a snapshot taken months ago, based on data that is already old by the time it lands in your mailbox. The market does not wait for the city to catch up.

The HonestDoor Price is updated in real time using actual transaction data, current listing activity, and live market signals. For houses in Cambrian Heights, that means a price of $851,726 versus whatever static number the city handed you. For condos, the HonestDoor Price of $990,016 reflects what is actually happening on the ground - including that 2.52% recent uptick that your assessment will not show for months.

If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the number to start with. The assessment is a tax document. The HonestDoor Price is a real-world check.

The So What: Thinking About Selling This Summer?

Straight talk: this is not a seller's market right now, but it is not a bad market either. It is a precise market. Here is what that means for you.

• Buyers are paying 97.58% of list price - close to ask, but not over it. Overpricing will cost you time, not just money.
• 57 days on market is the current average. Budget for that timeline and price accordingly from day one.
• The predicted house value of $869,194 is climbing above the 3-month average - that is a quiet tailwind heading into summer.
• Our growth rank of 49 out of 236 Calgary neighbourhoods means we are in the top quarter for appreciation. That is a real selling point.
• Rosemont is slightly pricier and growing at the same pace. Highwood is cheaper. Cambrian Heights sits in a strong middle position for buyers who want value without going to the bottom of the market.

If you are a condo owner thinking about selling, move with more urgency. The -3.79% recent value change and a below-average growth rank suggest the window for peak condo prices here may be narrowing. The HonestDoor Price of $990,016 is still strong - but the trend line is worth watching closely.

Bottom line: Cambrian Heights is a neighbourhood with real fundamentals. Price it right, know your actual market value before you list, and you are in a solid position. Check your HonestDoor Price before you do anything else.

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.