Crescent Heights, Calgary - October 2026 Real Estate Report
Crescent Heights Real Talk: Solid Ground, But the Market Is Telling You Something
If you live in Crescent Heights and you have been wondering whether now is the time to make a move, here is the honest breakdown. The neighbourhood is not on fire, but it is not stalling out either. It is holding steady - and depending on whether you own a house or a condo, the story looks pretty different.
The Vibe: Houses vs. Condos
Houses - Above Average Price, Slower Pace
Houses in Crescent Heights are sitting in a comfortable spot price-wise. The average sale price is $1,018,600, and the average listing is coming in at $1,108,000. That gap matters. Buyers are paying about 95.5% of list price on average, which means sellers are giving up roughly $50,000 from their asking price before the deal closes. That is a buyers' market signal, plain and simple.
- Average sale price: $1,018,600
- Average list price: $1,108,000
- Price per square foot: $754
- Sale-to-list ratio: 95.5%
- Average days on market: 43
- Properties sold in 2026: 79 transactions across the neighbourhood
- Predicted market value: $907,329
- Rental yield: 5.00%
Forty-three days on market is not alarming, but compare that to Sunnyside where houses are moving in 31 days and you can see we are taking a bit of a breather. The good news? We are still moving faster than Chinatown at 56 days. On the neighbourhood leaderboard, Crescent Heights houses rank 39 out of 82 for days on market - right in the middle of the pack, leaning toward the faster side. For price, we rank 92 out of 221 neighbourhoods in Calgary - solidly above average.
The rental story is strong. Estimated rent of $3,804 per month with a 5.00% yield is a number that income-focused buyers will notice. If you are holding a house here as an investment, that is a healthy return.
Condos - Prices Are Climbing, But They Are Sitting Longer
The condo picture is more complicated. The average sale price jumped 11.2% from last month to $276,500 - that sounds great until you see that properties are sitting on the market for 106 days on average. That is a long time. For context, Chinatown condos are moving in 56 days. On the Calgary leaderboard, Crescent Heights condos rank 74 out of 81 for days on market. That puts us near the bottom of the speed chart.
- Average sale price: $276,500 (up 11.2% from last month)
- Average list price: $245,000
- Price per square foot: $322
- Sale-to-list ratio: 94.9%
- Average days on market: 106
- Properties sold: 6 this month, down 33.3%
- Predicted market value: $344,188
- Rental yield: 4.12%
Sales volume dropped by a third from last month. The 3-month moving average for predicted value is $351,152, and the current predicted value of $344,188 is sitting below that. Values have shifted -2.89% recently, and the growth rank for condos is 163 out of 207 neighbourhoods. That puts condos in below-average territory for growth right now. If you own a condo here, the market is asking you to be patient and price it right from day one.
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, based on data that is already stale by the time it lands in your mailbox. The average assessed value for houses in Crescent Heights is $900,080. The average assessed value for condos is $316,007. Those numbers sound official, but they are not what a buyer is going to offer you today.
The HonestDoor Price is the real-world check. For houses, the HonestDoor Price is $896,712 - sitting 0.37% below the assessed value, which tells you the city's number is slightly optimistic right now. For condos, the HonestDoor Price is $341,248 - actually 7.99% higher than the assessed value. That is a meaningful gap. If you own a condo and you are only looking at your assessment, you are potentially undervaluing what you have.
Both HonestDoor Prices have dipped slightly from the previous period - houses down 1.11%, condos down 0.85%. That is not a crash. That is the market recalibrating. But it is exactly the kind of shift you want to know about before you list, not after.
The 'So What?': Thinking About Selling This Summer?
If you are a house owner thinking about listing this summer, the window is open but you need to be sharp about pricing. Buyers are negotiating - that 95.5% sale-to-list ratio is proof. List too high and you will sit for 43 days or more. Price it close to the HonestDoor Price of $896,712 and the predicted market value of $907,329, and you give yourself the best shot at a clean, fast deal. The rental yield of 5.00% also means investor buyers are paying attention to Crescent Heights houses - that is a second pool of potential buyers working in your favour.
If you own a condo and you are thinking about selling, be honest with yourself about the timeline. One hundred and six days on market is a real number. Condos are ranked near the bottom of Calgary for selling speed right now. That does not mean you should not sell - it means you should price it right on day one and not chase the market down. The HonestDoor Price of $341,248 is your anchor. Start there, not at a wishful number that leads to a price cut three months in.
For both property types, the neighbourhood growth rate is modest - 0.01% year over year for houses, slightly negative for condos. Crescent Heights is not a neighbourhood you buy for a quick flip right now. It is a place people stay because they want to be here. That stability has value - it just requires realistic expectations heading into a summer sale.
- House sellers: Price near $907,000 and expect negotiation. Do not anchor to the list price average of $1,108,000.
- Condo sellers: 106 days is the reality. Price it at or near the HonestDoor Price of $341,248 from the start.
- Investors: A 5.00% rental yield on houses is genuinely strong. Worth watching.
- Buyers: You have leverage here, especially on condos. Use it.
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.