HonestDoor

    Cimarron, Okotoks - August 2026 Real Estate Report

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

    Okotoks, Cimarron

    Cimarron, Okotoks: Your Neighbour Just Listed. Here Is What You Need to Know.

    If you have been keeping an eye on the market in Cimarron, here is the honest picture. The neighbourhood is not on fire, but it is not stalling out either. It is a market that rewards people who know their numbers - and punishes those who guess.

    The Vibe: Houses vs. Condos

    Houses - Steady, But Buyers Are in the Driver's Seat

    The average HonestDoor Price for a house in Cimarron sits at $666,665, down a modest 1.81% from the previous period. That is not a crash - it is the market taking a breather. The predicted market value comes in at $678,939, which is actually trending up from the 3-month moving average of $670,474. So the short-term signal is cautiously positive.

    Here is what the sales data tells us. The one house that sold this period went for $750,000, which is 98.04% of the list price. Buyers are negotiating, and they are winning small concessions. Active listings are sitting at an average of $765,000, so there is a gap between what sellers want and what buyers are paying. Properties are sitting on the market for an average of 91 days - that is a long time, and it ranks 23rd out of 25 comparable neighbourhoods in Okotoks for days on market. Translation: if you list a house in Cimarron right now, you need to be patient or price sharp.

    • Average HonestDoor Price (Houses): $666,665
    • Predicted Market Value: $678,939
    • Average Sale Price: $750,000
    • Average List Price This Month: $765,000
    • Sale-to-List Ratio: 98.04%
    • Price Per Square Foot: $597
    • Average Days on Market: 91
    • Average Rental Estimate: $3,188/month
    • Rental Yield: 5.29%
    • Transactions in 2026: 18
    • Growth Rank: 11 out of 31 in Okotoks (above average)
    • Price Rank: 9 out of 29 in Okotoks (above average)

    On the neighbourhood leaderboard, Cimarron houses rank 11th out of 31 for growth in Okotoks. That puts us solidly in the upper half. For rental investors, a 5.29% yield is a number worth paying attention to - that is strong by any reasonable standard.

    Condos - A Tale of Two Numbers

    The condo story in Cimarron is more complicated, and we should be straight about it. The HonestDoor Price jumped 15.65% to $521,600 - that is a big move. But the predicted market value tells a different story at $451,000, which is actually down 4.71% recently and trending below the 3-month moving average of $470,500.

    What does that gap mean for us? It means the assessed-style valuation and the forward-looking model are not agreeing right now. That is exactly the kind of moment where knowing your real-time number matters most. The rental estimate for condos comes in at $2,630 per month, with a yield of 3.92% - moderate, but not a reason to walk away.

    • Average HonestDoor Price (Condos): $521,600 (up 15.65%)
    • Predicted Market Value: $451,000
    • 3-Month Moving Average: $470,500
    • Recent Value Change: -4.71%
    • Average Rental Estimate: $2,630/month
    • Rental Yield: 3.92%
    • Growth Rank: 16 out of 24 in Okotoks (below average)

    On the condo leaderboard, Cimarron ranks 16th out of 24 in Okotoks for growth. That is below average. Condo owners here should be watching this closely - not panicking, but watching.

    The Secret Sauce: Why Your HonestDoor Price Beats Waiting for Your Tax Assessment

    Here is the thing about your city assessment. It is a snapshot from months ago, sometimes longer. It does not know that house prices in Cimarron shifted 1.81% recently. It does not know that condo predicted values are moving in a different direction than the HonestDoor Price right now. Your tax assessment is a rearview mirror. The HonestDoor Price is the windshield.

    With a gap between the HonestDoor Price for condos ($521,600) and the predicted market value ($451,000), there is real money on the table depending on which number you rely on. If you are a condo owner using your old assessment to make decisions about selling, refinancing, or even just understanding your net worth - you could be working with a number that is off by tens of thousands of dollars. Check your HonestDoor Price now. It is updated in real time, and right now that matters more than usual.

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

    For house sellers, the honest advice is this: price it right from day one. With 91 days on market being the average, the homes that are sitting are the ones that came out too hot. The buyers are there - 18 transactions in 2026 confirms the neighbourhood is active - but they are not overpaying. At 98.04% of list price, you will likely leave a small amount on the table, so build that into your expectations.

    Your house is priced above Cimarron Park ($739,900 average sale price vs. $643,114 predicted value there), which means Cimarron is genuinely a step up in the market. That is a selling point worth using.

    For condo sellers, summer 2025 is a moment to move carefully. The predicted value is dipping, the growth rank is below average, and the market is not rushing. If you need to sell, price competitively against Cimarron Meadows ($456,400 predicted) and Woodhaven ($528,500 predicted) - you are currently sitting below both on the predicted value scale. Know your number before you list.

    Bottom line for Cimarron: houses have a real rental income story to tell at 5.29% yield, and the neighbourhood holds its own on the Okotoks leaderboard. Condos need a closer look right now. Either way, the first step is the same - pull your HonestDoor Price and get the real-world number before you make any move.

    cimarron | 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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    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.

    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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