Cedarbrae, Calgary - August 2026 Real Estate Report

Cedarbrae, Calgary: What Your Neighbours Are Not Telling You About Home Prices Right Now

The Vibe on the Ground

If you have been watching the "For Sale" signs in Cedarbrae lately, here is what is actually happening. The neighbourhood is holding its own - but the picture looks very different depending on whether you own a house or a condo. Let us break it down.

Houses: Affordable, Fast-Moving, But Watch That Price Dip

Houses in Cedarbrae are among the most affordable in Calgary - ranking 202 out of 220 neighbourhoods on price. That sounds like a knock, but for buyers it is a serious draw. The average sale price sits at $426,475, and homes are moving in about 18 days on average. That is faster than Oakridge at 22 days, which tells you demand here is real.

The catch? That average sale price is down 9.6% from last month, and buyers are landing deals at about 97.6% of list price. Sellers are giving a little ground. This market is taking a breather. Not crashing - just cooling. If you are a buyer, that gap between the $435,950 average listing price and the $426,475 average sale price is your negotiating room.

• Average sale price (Houses): $426,475
• Average listing price: $435,950
• Price per square foot: $384
• Average days on market: 18
• Sale-to-list ratio: 97.59%
• Properties sold this period: 4 (down 42.9% from last month)
• Predicted market value (HonestDoor): $576,251
• Estimated monthly rent: $2,828
• Rental yield: 5.49%
• Growth rank in Calgary: 79 out of 236 - above average on the neighbourhood leaderboard

That 5.49% rental yield on houses is worth flagging. In a city where a lot of investors are chasing thin margins, Cedarbrae houses are punching above their weight on the income side.

Condos: A Weird but Interesting Story

Condos in Cedarbrae are a different animal entirely. The HonestDoor Price for condos here is $1,176,145 - which is 181.94% higher than the average assessed value of $417,154. That is a massive gap, and it means the city's assessment is dramatically out of step with what the market actually thinks these units are worth.

The one condo that sold this period went for exactly $400,000 at 100% of list price - a clean, balanced transaction. Days on market averaged 22, which is on par with Oakridge and faster than Palliser at 32 days. The market is stable, not exciting. The 3-month moving average for predicted value is sliding from $1,228,061 down to $1,187,415, and recent value change is -6.29%. Condo growth ranks 203 out of 216 neighbourhoods in Calgary - that puts it near the bottom of the leaderboard right now.

• Average sale price (Condos): $400,000
• Price per square foot: $279
• Average days on market: 22
• Sale-to-list ratio: 100%
• Properties sold this period: 1
• Predicted market value (HonestDoor): $1,187,415
• Estimated monthly rent: $3,620
• Rental yield: 3.63%
• Growth rank in Calgary: 203 out of 216 - bottom tier on the neighbourhood leaderboard

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

Here is the thing about your city assessment - it is a snapshot from months ago, built on formulas, not on what buyers are actually doing in Cedarbrae today. The HonestDoor Price is updated in real time using actual transaction data and market signals. It is the real-world check your assessment cannot give you.

For houses, the HonestDoor Price of $576,251 is running 2.12% below the average assessed value of $583,020. That gap matters if you are pricing a listing or contesting your assessment. You do not want to overprice based on a number the city set months ago when buyers are currently paying less.

For condo owners, the story is even more dramatic. Your assessed value says $417,154. The HonestDoor Price says $1,176,145. If you are making any financial decision - refinancing, selling, estate planning - based on that assessed number alone, you are working with incomplete information. Check your HonestDoor Price. The gap here is too big to ignore.

With 1,945 house properties and 416 condo properties assessed in Cedarbrae this year, and 78 total transactions recorded in 2026, there is enough real data flowing through this neighbourhood to give you a sharp, current picture - not a stale one.

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

For house sellers, timing matters right now. Prices dipped last month and fewer homes sold. That is not a reason to panic, but it is a reason to be sharp about your list price. Homes are still moving in 18 days, which is healthy. Price it right from day one and you will not be chasing the market down. Price it based on last year's optimism and you will sit.

Cedarbrae houses are sitting at rank 79 out of 236 on the Calgary growth leaderboard - above average. Compared to neighbours like Oakridge and Palliser, which are growing slower despite higher price tags, Cedarbrae is actually a better growth story per dollar spent. That is a selling point worth using.

For condo sellers, be honest with yourself. The growth trend is soft, ranking near the bottom of the Calgary leaderboard at 203 out of 216. The predicted value is sliding. If you are thinking about selling, this summer may be a better window than waiting to see if that trend reverses. One sale sets the comp for the next one - and right now that comp is $400,000.

Bottom line: Cedarbrae is a neighbourhood where the numbers reward people who pay attention. Check your HonestDoor Price, know where you stand on the leaderboard, and make your move with real data - not a government form letter from six months ago.

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.