Crestmont, Calgary - October 2026 Real Estate Report
Crestmont Real Estate Check-In: Solid Ground, But Watch the Signals
If you live in Crestmont and you've been wondering whether your home is holding its value - the short answer is yes, mostly. But the market is sending a few mixed signals worth paying attention to before you make any moves.
The Vibe: What's Actually Happening on Our Streets
Let's split this into the two main property types, because houses and condos are telling very different stories right now.
Houses - A Breather, Not a Breakdown
Our house market is taking a breather. The average sale price sits at $842,038, which is down 7.9% from last month. That sounds alarming, but context matters. Homes are still selling at 99.23% of list price, meaning buyers aren't getting dramatic discounts - they're just getting a little more room to negotiate than they had before.
- Average sale price: $842,038
- Average list price this month: $860,167
- Price per square foot: $396
- Average days on market: 34
- Properties sold this month: 13, up 8.3% from last month
- Sale-to-list ratio: 99.23%
Here's the encouraging part - 13 sales is actually up 8.3% from last month. More transactions happening means buyers are still showing up. The predicted market value for houses is $856,844, which is nudging upward against the 3-month moving average of $856,337. That's a stable foundation, not a freefall.
On the neighbourhood leaderboard, Crestmont houses rank 110 out of 221 Calgary neighbourhoods for growth - that puts us in the above-average half of the city. Days on market ranks 30 out of 82, meaning our homes move moderately fast compared to the rest of Calgary. And for price, we sit at 84 out of 221 - solidly above average.
Condos - Expensive, Slow, and Worth Watching
The condo picture is a bit more cautious. Only 1 condo sold this month, and values have dipped 3.19% recently. The predicted market value is $882,488, which is actually sliding slightly below the 3-month moving average of $885,107. That's a trend worth watching if you own a condo here.
- Average sale price: $555,000
- Average list price this month: $563,900
- Price per square foot: $383
- Average days on market: 29
- Sale-to-list ratio: 98.42%
- Rental yield: 3.58%
The one bright spot - our condos are still among the most expensive in Calgary, ranking 16 out of 175 neighbourhoods for price. And at 29 days on market, they're moving at a moderately fast pace. But the growth rank of 166 out of 207 puts condos in the bottom tier for appreciation right now. If you're a condo owner thinking about selling, sooner is probably better than later.
The Secret Sauce: Your HonestDoor Price vs. That Government Assessment
Here's why this matters for your wallet right now. The city's assessed value for houses in Crestmont averages $842,576. That number was calculated using data that's already months old by the time it lands in your mailbox. The HonestDoor Price for houses is $843,910 - only 0.16% higher than the assessment, which tells us the city actually got pretty close this time around.
But "pretty close" isn't the same as "right now." The HonestDoor Price updates in real time using actual transaction data. It's already factoring in that 7.9% month-over-month price shift that the government assessment simply cannot capture. If you're making a decision about selling, refinancing, or even just understanding what you actually own - the HonestDoor Price is the number that reflects today, not last year.
For condos, the HonestDoor Price is $884,429, up 0.22% from the previous period. That's a real-time signal that condo values are still holding at a high level even as recent sales come in lower. Knowing that gap exists is valuable information.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Crestmont and you're eyeing a summer sale, the window is open but it's not wide open. Here's the honest breakdown:
- Buyers are still paying close to full asking price - 99.23% is not a distressed market
- 34 days on market means you're not sitting forever, but you're not getting bidding wars either
- Pricing sharp matters - listings are averaging $860,167 while sales are closing at $842,038, so overpricing will cost you time
- Compared to nearby Valley Ridge (HD Price $826,261), Crestmont houses are priced higher and that premium needs to be justified in your listing
If you own a condo, the urgency is higher. A growth rank of 166 out of 207 and a recent value change of -3.19% are not panic-worthy numbers, but they do suggest the momentum is not in your favour right now. Getting ahead of further softening makes sense.
Bottom line - Crestmont is a strong neighbourhood sitting in the top half of Calgary for house prices and growth. But markets shift fast, and the difference between a good sale and a great one often comes down to timing and accurate pricing. Check your HonestDoor Price before you call your agent. It's the most current number you've got.
crestmont | calgary | october 2026This 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.