Cliff Bungalow, Calgary - September 2026 Real Estate Report

Cliff Bungalow, Calgary: What Your Neighbour Hasn't Told You Yet

The Vibe Right Now

If you've been watching the "For Sale" signs on those classic bungalow blocks, here's what's actually happening. Cliff Bungalow is a tale of two markets right now - houses and condos are moving in very different directions, and knowing which side you're on matters a lot for your wallet this summer.

Houses: High Price, Slow Burn

We're sitting in one of Calgary's pricier house markets. The average sale price for houses hit $1,559,075 this month - up 29.9% from last month. Before you get too excited, that jump is based on only 2 sales, so take that number as a signal, not a trend. What's more telling is that those homes sat on the market for an average of 418 days. That's not a typo. Properties here are taking a long time to move.

• Average sale price (houses): $1,559,075
• Average list price this month: $1,249,000
• Price per square foot: $621
• Sale-to-list ratio: 96.08% - buyers are negotiating below asking
• Average days on market: 418
• Days-on-market rank: 82 out of 82 in Calgary - the slowest of the slow
• Price rank: 23 out of 220 - among the most expensive in the city
• Growth rank: 194 out of 238 - bottom tier for price growth right now

The honest read here? We have a premium address with a patient market. Buyers have options and they know it - that 96.08% sale-to-list ratio tells you nobody is getting into a bidding war. House values have also dipped 2.04% recently, and the predicted value of $1,135,581 is trending below the 3-month moving average of $1,145,592. The market is taking a breather.

Condos: More Active, Still Cooling

The condo side of Cliff Bungalow tells a different story. Five sales this month is real volume for this neighbourhood. But prices slipped 5.8% from last month, landing at an average of $411,380. Buyers are paying only 92.33% of list price - meaning sellers are giving up roughly $35,000 on average to close a deal. That's a number worth knowing before you price your unit.

• Average sale price (condos): $411,380 - down 5.8% from last month
• Price per square foot: $407
• Sale-to-list ratio: 92.33% - meaningful room for buyer negotiation
• Average days on market: 91 days
• Days-on-market rank: 67 out of 75 - very slow compared to Calgary overall
• Price rank: 62 out of 175 - above average in price
• Growth rank: 105 out of 216 - above average, a relative bright spot
• Total 2026 transactions: 25

Condos here are taking longer to sell than in nearby Beltline (91 days vs. 56 days). That gap matters. If you're a condo owner thinking about listing, pricing sharp from day one is not optional - it's the strategy. The good news is the predicted market value of $610,846 is actually creeping up against its 3-month average of $609,850, so there's a floor forming.

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

Here's why Cliff Bungalow owners should pull up their HonestDoor Price today and stop relying on the city's assessment number.

For houses, the average city assessment sits at $1,113,155. The HonestDoor Price is $1,134,619 - about $21,000 higher. That gap is the city's assessment playing catch-up to real-world conditions. The assessment is a snapshot from months ago. The HonestDoor Price updates in real time, pulling from actual market activity. For a house worth over a million dollars, a $21,000 difference is not a rounding error - it's real money if you're selling, refinancing, or just trying to understand what you actually own.

For condos, the gap is even more dramatic. The average city assessment is $356,338. The HonestDoor Price is $599,473 - that's 68.23% higher. If a condo owner in Cliff Bungalow is making any financial decision based on that assessed value, they are working with a number that is wildly out of step with the market. The HonestDoor Price is the real-world check. Use it.

• House assessed value: $1,113,155 - HonestDoor Price: $1,134,619 (1.93% higher)
• Condo assessed value: $356,338 - HonestDoor Price: $599,473 (68.23% higher)
• House rental estimate: $4,503 per month
• Condo rental estimate: $2,586 per month
• House Airbnb estimate: $224 per night (Airbnb rank: 68 in Calgary)
• Condo Airbnb estimate: $128 per night (Airbnb rank: 62 in Calgary)

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

If you own a house in Cliff Bungalow and you're thinking about selling this summer, go in with clear eyes. You're in a top-25 price neighbourhood in Calgary, which is a real advantage. But the market is moving slowly - 418 days on average is a long haul - and values have softened recently. Pricing at or slightly below the HonestDoor Price of $1,134,619 as your anchor, not the city assessment, gives you the most accurate starting point. Buyers are negotiating, so build that into your expectations from day one.

If you own a condo, the calculus is similar but the timeline is tighter. Prices dropped 5.8% last month and buyers are consistently closing below asking. The neighbourhood growth rank of 105 out of 216 means we're holding our own compared to most of Calgary - but that doesn't mean you can afford to overprice. Nearby Mission condos are selling at a similar price point ($402,240 average), so you're competing directly with that neighbourhood for the same buyers.

One more thing worth knowing: Cliff Bungalow's overall neighbourhood growth is 0.03% year over year for houses. Compare that to Upper Mount Royal at 0.01% or Beltline at -0.02%, and we're actually ahead of some very well-known Calgary addresses. That's a selling point. Use it in your conversations with buyers.

Bottom line - this is not a market to wing it. Check your HonestDoor Price, talk to someone who knows these streets, and price with the current data, not last year's assessment notice.

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.