Cliff Bungalow, Calgary - July 2026 Real Estate Report

Cliff Bungalow, Calgary: Your Neighbours Are Getting More Than the City Thinks

The Vibe Right Now

If you own a house in Cliff Bungalow, the market is quietly working in your favour. Two homes sold recently at an average of $1,559,075, and they went for 100.34% of list price. That means buyers paid above asking. Properties sat on the market for just 6 days on average - that is a days-on-market rank of 7 out of 76 neighbourhoods in Calgary. That is not a slow market. That is a sprint.

On the condo side, things are taking a breather. Two condos sold at an average of $302,500, down 4.4% from last month, and buyers paid 98.02% of list price - so sellers gave a little ground. Sales volume dropped 33.3% from the month before. That said, condos here are still moving in 21 days, which is actually faster than nearby Mission at 23 days. So demand has not disappeared - it has just cooled off a notch.

Houses vs. Condos - A Quick Snapshot

• House average sale price: $1,559,075 - price rank 33 out of 220 neighbourhoods in Calgary
• House price per square foot: $621
• House days on market: 6 days - rank 7 out of 76 in Calgary
• House sale-to-list ratio: 100.34% - sellers market territory
• Condo average sale price: $302,500
• Condo price per square foot: $351
• Condo days on market: 21 days - faster than Mission at 23 days
• Condo sale-to-list ratio: 98.02% - buyers have a little leverage

The Neighbourhood Leaderboard

Here is where Cliff Bungalow stands among Calgary neighbourhoods right now. For houses, the growth rate ranks 178 out of 233 - below average on momentum, but the price rank of 33 out of 220 tells you this is still one of the more expensive and sought-after pockets in the city. For condos, the growth rank sits at 103 out of 216 - above average - and the days-on-market rank of 19 out of 71 means condos here move at a decent clip compared to most of Calgary.

Compared to the neighbours: Mission is slightly pricier for houses and growing a touch faster. Beltline condos are actually cheaper than Cliff Bungalow condos. Upper Mount Royal is in a different price league entirely for both property types. We are sitting in a solid middle ground - premium without being out of reach.

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 from months ago, built on a formula that does not know what happened on your street last Tuesday. For houses in Cliff Bungalow, the average assessed value sits at $1,113,155. The average HonestDoor Price is $1,159,283. That is a gap of over $46,000 - and the HonestDoor Price has already moved up 1.52% from the previous period.

For condos, the gap is even more striking. The average assessed value is $356,338. The average HonestDoor Price is $613,486 - that is 72.16% higher than the assessed value. If you are making any financial decision based on your tax assessment alone, you are working with a number that does not reflect what buyers are actually paying today.

The HonestDoor Price pulls from real transaction data and updates in real time. Think of it as the real-world check on a number the city set while you were still shovelling snow.

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

For house owners, the case for listing this summer is straightforward. Buyers are paying over asking. Homes are gone in less than a week. You are in a neighbourhood ranked among the most expensive in Calgary, with a HonestDoor Price that is already ahead of your assessment. If your plan is to wait for a better moment, the data suggests this is already a pretty good moment.

For condo owners, be realistic but not discouraged. Prices dipped last month and volume slowed. Buyers have a bit more room to negotiate right now. That said, your HonestDoor Price of $613,486 on average is still well above what the city assessed, and condos here are still selling faster than Mission. Price it right, present it well, and there is a buyer out there.

Bottom line - whether you own a house or a condo in Cliff Bungalow, the first thing to do before calling an agent is check your HonestDoor Price. It is the most current read on what your home is actually worth in this market, not what it was worth when the city last looked.

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.