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    Cimarron Estates, Okotoks - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Okotoks, Cimarron Estates

    Cimarron Estates, Okotoks: Your Homes Are Worth More Than the City Thinks

    The Vibe Right Now

    If you've been watching the "For Sale" signs in Cimarron Estates lately, here's what's actually happening. We are sitting in one of Okotoks' priciest pockets - ranked 2nd out of 29 neighbourhoods for home prices. That is not a small deal. The average sale price for houses hit $1,375,000 this month, up 9.1% from last month. One property sold, it went for exactly list price (100%), and it was off the market in 37 days. That is a clean, confident transaction.

    For context, our neighbours in Cimarron Springs are averaging 43 days to sell. We are moving faster. That gap tells you demand here is real, not just on paper.

    • Average sale price (Houses): $1,375,000
    • Price per square foot: $664
    • Average days on market: 37
    • Sale-to-list price ratio: 100%
    • Properties sold in 2026: 16 total transactions

    The Neighbourhood Leaderboard

    Here is where Cimarron Estates stands among the competition in Okotoks. Growth ranks 12th out of 31 neighbourhoods - that puts us in the above-average tier, not the middle of the pack. Days-on-market ranks 12th out of 25, meaning homes here sell moderately fast compared to the rest of the city. And that price rank of 2nd out of 29? That is the headline. We are near the top of the Okotoks market by value.

    Compare that to the streets just around the corner. Cimarron Springs is sitting at an average HonestDoor Price of $791,042. Cimarron Park comes in at $628,928. Cimarron itself is at $666,665. Cimarron Estates is not just a different street - it is a different price category entirely.

    • Growth rank: 12 out of 31 (above average in Okotoks)
    • Days-on-market rank: 12 out of 25
    • Price rank: 2 out of 29 (near the top in Okotoks)
    • Airbnb rank in Okotoks: 1st

    The Secret Sauce: Your HonestDoor Price vs. That Old Assessment

    Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that sale prices just jumped 9.1% in a single month. It does not know that homes here are selling at full list price. It is working with old information, and that gap can cost you real money when you are making decisions.

    The HonestDoor Price for Cimarron Estates is currently $1,176,200. The predicted market value for houses specifically sits at $1,194,345, and that number is trending upward from the 3-month moving average of $1,180,440. These are live, real-world numbers - not a figure calculated last fall and mailed to your door in January.

    If your city assessment is sitting well below $1,176,200, you need to know that. Whether you are refinancing, selling, or just keeping score, the HonestDoor Price is the number that reflects what buyers are actually paying right now.

    • Average HonestDoor Price: $1,176,200 (down 1.52% from previous period)
    • Predicted market value (Houses): $1,194,345
    • 3-month moving average: $1,180,440
    • Recent value change: up 1.86%

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

    Short answer: the conditions are good, but timing still matters. Prices are up, homes are selling at list, and demand is outpacing nearby neighbourhoods. That is a solid setup for a seller.

    The rental picture adds another layer. Estimated rent comes in at $4,732 per month with a rental yield of 4.39%. That is a moderate return - not a knock-it-out-of-the-park number, but enough that buyers with investment intentions are paying attention. On the short-term side, Cimarron Estates holds the number 1 Airbnb rank in all of Okotoks, with an estimated $235 per month in Airbnb income potential. That kind of profile attracts a wider buyer pool, which is good news for your sale price.

    The market is not overheating - it is balanced and moving. If you are thinking about listing this summer, you are not chasing a peak that already passed. But do not sit on it indefinitely either. Check your HonestDoor Price first, compare it to what your assessment says, and you will have a much clearer picture of where you actually stand.

    • Estimated monthly rent: $4,732
    • Rental yield: 4.39%
    • Airbnb rank in Okotoks: 1st
    • Airbnb income estimate: $235 per month
    • Market condition: balanced, with rising prices

    cimarron estates | okotoks | august 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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