Crestmont, Calgary - September 2026 Real Estate Report

Crestmont Real Estate Update: Solid Ground, But the Numbers Are Splitting in Two

The Vibe Right Now

If you live in Crestmont and you have been watching the "For Sale" signs, here is what is actually happening. The neighborhood is holding its value - the average HonestDoor Price sits at $856,844 for houses, up 0.55% from last period. That is not a rocket ship, but it is not a slide either. We are in steady-as-she-goes territory. With 957 properties assessed this year and 63 transactions logged in 2026, there is real activity here, not just noise.

The one number worth flagging: neighborhood growth dipped 0.02% year over year. That is barely a blip, but it does put us in the "taking a breather" camp rather than the "on fire" camp. On the Calgary leaderboard, Crestmont ranks 68th out of all neighborhoods for average assessed value - that is solidly above average. For total transactions, we sit at 80th. Not the busiest block in the city, but far from quiet.

Houses: Strong Prices, But Read the Fine Print

Here is the headline for house owners in Crestmont. The average sale price hit $914,417 this month - up 13.4% from last month. That sounds like a party. But before you pop anything, check the context. Listings are averaging $974,800, and homes are selling at 99.92% of list price. Buyers are getting a tiny discount. Days on market is sitting at 42 days, which is not a bidding-war number.

• Average sale price (houses): $914,417 - up 13.4% month over month
• Average list price: $974,800
• Sale-to-list ratio: 99.92% - buyers are paying just under asking
• Days on market: 42 days
• Price per square foot: $460
• Predicted market value: $852,120 - slightly down from the 3-month average of $859,081
• Estimated monthly rent: $3,757 with a rental yield of 4.97%
• Growth rank: 153 out of 238 Calgary neighborhoods - below average
• Price rank: 75 out of 220 - above average in price
• Days-on-market rank: 41 out of 82 - moderately fast

The growth rank of 153 out of 238 is the number we need to be honest about. We are not leading the Calgary pack on appreciation right now. The predicted value is also running slightly below nearby 01 I, which clocks in at $918,223. That said, the price rank of 75 out of 220 tells us Crestmont houses are still commanding serious money in this city. We are expensive and a bit slow-growing - which is a very different problem than being cheap and shrinking.

Condos: A Different Story Entirely

The condo picture in Crestmont is genuinely interesting - and honestly, it is the more surprising of the two. The average HonestDoor Price for condos is $882,488, which is actually higher than the house HonestDoor Price. That number has dipped 3.19% from the previous period, so there is some softness in the short term. But the predicted market value is $911,606, and that is increasing compared to the 3-month moving average of $887,308. The trend line is pointing up.

• Average HonestDoor Price (condos): $882,488 - down 3.19% from last period
• Predicted market value: $911,606 - up from 3-month average of $887,308
• Average sale price: $555,000 - essentially unchanged
• Average list price: $563,900
• Sale-to-list ratio: 98.42%
• Days on market: 29 days
• Price per square foot: $383
• Estimated monthly rent: $3,457 with a rental yield of 3.51%
• Recent value change: up 5.85%
• Growth rank: 10 out of 216 Calgary neighborhoods - top performer
• Price rank: 18 out of 175 - among the most expensive in Calgary
• Airbnb rank: 34 in Calgary

That growth rank of 10 out of 216 is a real number worth paying attention to. On the Calgary condo leaderboard, Crestmont is near the top. Only one condo sold this month, so the sample is thin - but the trajectory on predicted value is moving in the right direction. Condos here are also selling faster than nearby Greenwood Greenbriar (29 days vs. 19 days), which is a gap to watch. But compared to Valley Ridge condos sitting at an average of $428,230, Crestmont condos are in a completely different price tier.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your city assessment. It is a snapshot taken months ago, using data that is even older than that. It does not know what sold on your street last Tuesday. The average assessed value in Crestmont sits at $842,576 for houses. The average HonestDoor Price is $856,844. That is a $14,268 gap - and that gap represents real money if you are making decisions about selling, refinancing, or even just understanding what you actually own.

The HonestDoor Price updates in real time using actual transaction data. It is the real-world check against a static government number. If you are a Crestmont homeowner and you have not looked at your HonestDoor Price recently, now is the time - especially with the condo predicted value climbing and the house market showing a strong month-over-month sale price jump. Do not let a stale assessment be the number you negotiate from.

So What Does This Mean If You Are Thinking About Selling This Summer?

For house sellers, the timing has some genuine upside. A $914,417 average sale price and a 99.92% sale-to-list ratio means the market is respecting well-priced homes. The catch is the 42-day average on market - you are not going to get a bidding war in a weekend. Price it right from day one, because the data shows buyers are not panicking. They are patient. If you come in too high, you will sit. If you price sharp and clean, you move.

For condo sellers, the story is actually more compelling than the short-term HonestDoor dip suggests. A growth rank of 10 out of 216 is a real selling point. The predicted value is climbing. If you are a condo owner in Crestmont, you are sitting in one of Calgary's stronger appreciation stories right now - and that is a narrative worth using in your listing.

For both - check your HonestDoor Price before you call an agent. Know your number. The market rewards sellers who walk in informed.

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.