Cedarbrae, Calgary - October 2026 Real Estate Report
Cedarbrae, Calgary: What Your Neighbour Hasn't Told You Yet
If you own a home in Cedarbrae and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment says one thing. The actual market is saying something a little different - and knowing the gap could save you from making a costly mistake this summer.
The Vibe: What's Actually Happening on Our Streets
Houses - Taking a Breather
Let's be straight with each other. The house market in Cedarbrae is cooling off. The average sale price sits at $437,180 this month, down 31.8% from last month, and homes are listing around $459,900. Buyers are negotiating hard - properties are selling at 93.5% of list price on average, which means sellers are leaving real money on the table if they price wrong out of the gate.
- Average sale price: $437,180
- Average list price: $459,900
- Price per square foot: $401
- Sale-to-list ratio: 93.5% - buyers are winning negotiations
- Average days on market: 49 days
- Properties sold this month: 5
The silver lining? We are actually moving homes faster than Palliser (49 days vs. 52 days). So demand hasn't disappeared - it's just gotten pickier. The predicted market value for a Cedarbrae house sits at $572,809, and that number is nudging slightly downward from the 3-month average of $573,134. Not a freefall - more of a slow exhale.
On the neighbourhood leaderboard, Cedarbrae houses rank 121 out of 221 Calgary neighbourhoods for growth - squarely below average. Price rank is 194 out of 221, which puts us among the most affordable options in the city. That's a real draw for buyers who got priced out of Oakridge or Palliser.
For landlords, the rental picture is genuinely solid. Estimated rent of $2,814 per month against a rental yield of 5.49% is a number worth paying attention to. That's strong by Calgary standards.
Condos - A Different Story Entirely
Here's where it gets interesting. Cedarbrae condos are punching well above their weight. While the average assessed value sits at $417,072, the HonestDoor Price tells a completely different story at $1,200,629. That's a 187.87% gap between what the city thinks your condo is worth and what the real-world market is pricing it at.
- Average sale price: $369,167
- Average list price: $295,000
- Price per square foot: $340
- Sale-to-list ratio: 97.46%
- Average days on market: 51 days
- Properties sold this month: 3
The predicted market value of $1,214,803 is actually climbing above the 3-month moving average of $1,194,268 - one of the few upward trends we're seeing right now. Condo values have moved 3.09% recently, landing Cedarbrae condos at rank 21 out of 207 Calgary neighbourhoods for growth. That puts us in the top tier of the city. Compared to nearby Oakridge, Palliser, and Braeside condos, we are significantly higher priced - and still growing faster than all three.
Airbnb rank of 28 in Calgary is also worth noting for anyone thinking about short-term rental income, with an estimated $182 per night.
The Secret Sauce: Why Your HonestDoor Price Matters Right Now
The city's assessed value is a snapshot taken months ago using broad formulas. It doesn't know about the renovation you did, the new park down the street, or what buyers actually paid for the house two doors down last Tuesday.
For Cedarbrae houses, the average assessed value is $582,867. The average HonestDoor Price is $558,909 - that's 4.11% lower. If you're pricing a listing based on your assessment, you could be starting the conversation in the wrong place entirely.
For condo owners, the gap is even more dramatic. The city has the average condo assessed at $417,072. The HonestDoor Price is $1,200,629. These are not small rounding errors. This is the difference between a confident pricing strategy and leaving serious equity on the table - or worse, overpaying on a purchase.
The HonestDoor Price updates in real time using actual transaction data. It's the closest thing to asking a well-connected friend what your place is actually worth today - not what a government formula guessed eight months ago.
The "So What?" - Thinking About Selling This Summer?
Here's the honest take for Cedarbrae homeowners heading into the summer market.
If you own a house, the window is open but it's not wide open. Buyers are active - 94 transactions happened in Cedarbrae in 2026 across the neighbourhood - but they are negotiating. Pricing at or slightly below your HonestDoor Price of around $558,909 gives you the best shot at a clean, fast sale. Overpricing by anchoring to the $582,867 assessment risks sitting on the market past that 49-day average, which is when buyers start wondering what's wrong with the place.
If you own a condo, the story is more optimistic. Values are trending up, your growth rank puts you near the top of the Calgary leaderboard, and the rental yield of 3.62% means investors are paying attention. If you're thinking about selling, the momentum is currently in your favour.
Either way, the first move is the same - check your HonestDoor Price before you call an agent, set a list price, or make any decisions based on that assessment notice sitting on your kitchen counter. The numbers have moved. Make sure you're working with the right ones.
- Cedarbrae neighbourhood growth: 0.06% year over year
- Total 2026 transactions in the neighbourhood: 94
- Properties assessed this year: 1,947
- Average rental estimate: $2,759 per month
- Braeside (nearby) HonestDoor Price: $602,510 - a useful benchmark for house sellers
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.