Crestmont, Calgary - July 2026 Real Estate Report

Crestmont Real Estate Update: Your Home Is Worth More Than the City Thinks

If you own a home in Crestmont and you haven't checked your HonestDoor Price lately, here's the short version: the city's assessment is already behind. The average assessed value sits at $842,866, but the average HonestDoor Price is $860,333. That's a $17,467 gap - and it matters more than most people realize.

The Vibe: What's Actually Happening in Our Neighbourhood

Crestmont had 51 property transactions in 2026 across 956 assessed properties. Growth is essentially flat at -0.02% year over year - we're taking a breather. But "flat" doesn't mean "falling apart." Here's how houses and condos are each telling a slightly different story right now.

Houses: Buyers Are Getting Deals, But Sellers Still Hold Ground

If you've been watching the "For Sale" signs on the house side of Crestmont, here's what's actually happening. The average sale price for houses is $916,645, which is down 7.4% from last month. That sounds alarming, but context matters - 8 homes sold this month, down from last month's pace, and homes are still moving in an average of 19 days. That's a moderately fast clip.

Buyers are paying 97.99% of list price on average. Translation: they're getting a small discount, but sellers aren't getting crushed. The average listing price of $974,617 versus a sale price of $916,645 tells you there's some negotiating room in the room right now.

• Average house sale price: $916,645 (down 7.4% from last month)
• Average list price: $974,617
• Price per square foot: $399
• Sale-to-list ratio: 97.99%
• Average days on market: 19
• Homes sold this month: 8
• Predicted market value (HonestDoor): $865,385
• 3-month moving average: $851,329 - and rising
• Estimated monthly rent: $3,801
• Rental yield: 4.94%

The predicted value of $865,385 is climbing above the 3-month moving average of $851,329. That's a quiet signal that the floor is holding. On the neighbourhood leaderboard, Crestmont houses rank 61 out of 233 Calgary neighbourhoods for growth - solidly above average. For price, we rank 68 out of 220. We're not the cheapest street at the party, and that's a good thing.

Condos: Expensive, Fast-Moving, and Holding Steady

The condo picture in Crestmont is a different animal. Only 1 condo sold this month, so take the data with that grain of salt - but what's there is interesting. The average sale price hit $555,000, essentially unchanged from last month, with a sale-to-list ratio of 98.42%. Stable is the word here.

What really stands out is the HonestDoor Price for Crestmont condos: $853,000. Yes, that's higher than the average sale price - and it reflects the predicted value of $879,591 that's sitting above the 3-month moving average of $875,144. The condo market here skews toward higher-end units.

• Average condo sale price: $555,000
• Average list price: $563,900
• Price per square foot: $383
• Sale-to-list ratio: 98.42%
• Average days on market: 29
• HonestDoor Price: $853,000 (down 3.02% from previous period)
• Predicted market value: $879,591
• Estimated monthly rent: $3,293
• Rental yield: 3.59%
• Airbnb rank in Calgary: 34th

Condos here sell faster than nearby Greenwood Greenbriar (29 days vs. 33 days). And on the neighbourhood leaderboard, Crestmont condos rank 17 out of 173 Calgary neighbourhoods for price. That puts us near the top tier. For growth, we rank 53 out of 216 - above average again.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here's the thing about your city assessment: it's a snapshot taken months ago, using data that's even older. It doesn't know what sold on your street last week. It doesn't adjust for the fact that Crestmont's predicted house values are now trending above the 3-month average. It just sits there, frozen in time.

The HonestDoor Price is a real-world check - updated regularly, using actual transaction data and current market signals. For houses in Crestmont, the average HonestDoor Price of $860,333 is already 2.07% higher than the average city assessment. That gap is money. Whether you're refinancing, thinking about selling, or just want to know where you actually stand, the HonestDoor Price gives you the current picture - not last year's photo.

If your neighbour's assessment says $842,000 but the HonestDoor Price says $860,000, that's not a rounding error. That's a real difference in equity. Check yours.

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

If you're a Crestmont homeowner eyeing a summer sale, here's the honest read. The house market is cooling slightly - fewer sales, a dip in average price, and buyers negotiating small discounts. But homes are still selling in 19 days on average, and the predicted value trend is pointing up. You're not in a panic-sell situation. You're in a "price it right and move it fast" situation.

List too high and you'll sit. Price close to the HonestDoor predicted value of $865,385 and you have a real shot at a clean, fast sale before the fall market shifts again. The 97.99% sale-to-list ratio tells you buyers are engaged - they're just not overpaying.

For condo owners, the market is quieter with only 1 sale this month, but Crestmont condos are priced well above most nearby neighbourhoods. Valley Ridge condos are averaging $449,665 on HonestDoor. Ours are at $853,000. That premium is real, but it also means your buyer pool is smaller. Marketing matters more here.

Bottom line: Crestmont is holding its value better than the flat growth number suggests. We rank above average in both price and growth across Calgary. Summer 2025 isn't a seller's dream market, but it's far from a disaster. Know your number, price it sharp, and you'll be fine.

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.