Dalhousie, Calgary - October 2026 Real Estate Report
Dalhousie Real Estate Check-In: What Your Neighbours Are Not Telling You
If you own a home in Dalhousie and you have not looked at your numbers lately, now is the time. The market is shifting, the city's assessment is not keeping up, and there is real money on the table depending on which way you move next.
The Vibe: Houses vs. Condos in Dalhousie Right Now
We are seeing two very different stories playing out on our streets right now, and it matters which one applies to your property.
Houses - Taking a Breather
Let's be straight with each other. The house market in Dalhousie is cooling off. The average sale price for houses came in at $666,986 this month - down 22.4% from last month. Only 7 houses sold, which is down 12.5% from the month before. Homes are sitting on the market for an average of 26 days, which is noticeably longer than nearby Ranchlands where houses are moving in 15 days.
Buyers are also negotiating. On average, houses sold for 98.67% of the list price, meaning sellers are giving a little ground. That is not a crisis, but it is a signal worth paying attention to.
- Average sale price: $666,986
- Average list price this month: $714,600
- Price per square foot: $512
- Average days on market: 26
- Sale-to-list ratio: 98.67%
- Properties sold this month: 7
The forward-looking number is more encouraging. The predicted market value for Dalhousie houses sits at $739,594, which is actually trending up from the 3-month moving average of $733,198. So the short-term noise is not the whole story. On the neighbourhood leaderboard, Dalhousie houses rank 45 out of 221 Calgary neighbourhoods for growth - that puts us solidly in the above-average tier. That is a number worth keeping in your back pocket.
Condos - A Wilder Ride
The condo side of Dalhousie is a different animal. The average sale price jumped 26.6% from last month to $241,440, which sounds great until you see that only 5 units sold and they averaged 53 days on the market. A big price swing on low volume can be misleading - one or two higher-priced sales can move that number fast.
Buyers are still getting a discount here too. Condos sold at 95.78% of list price on average, and listings are sitting at $264,667. The predicted market value of $538,291 is actually drifting down from the 3-month moving average of $547,771, which tells us the momentum is not quite there yet. On the neighbourhood leaderboard, Dalhousie condos rank 143 out of 207 Calgary neighbourhoods for growth - below average territory.
- Average sale price: $241,440
- Average list price this month: $264,667
- Price per square foot: $332
- Average days on market: 53
- Sale-to-list ratio: 95.78%
- Properties sold this month: 5
- Estimated rent: $2,027 per month
- Rental yield: 4.07%
One bright spot for condo owners - our HonestDoor Price of $527,308 is dramatically higher than what comparable condos are fetching in Varsity ($329,041), Ranchlands ($405,904), and Edgemont ($365,797). Dalhousie condos are priced well above the neighbours, which is worth knowing if you are thinking about your exit.
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 from the past. It does not update when the market shifts, and right now the market is shifting fast enough that the gap between what the city thinks your home is worth and what it would actually sell for is real money.
For houses in Dalhousie, the average city assessment sits at $751,092. The HonestDoor Price is $731,400. That is a $19,692 gap - and the HonestDoor Price is the one that reflects what buyers are actually doing today, not what they were doing when the city last ran its numbers. The HonestDoor Price has moved down 1.11% from the previous period, which is exactly the kind of real-time signal the assessment will not show you until it is old news.
For condos, the gap is even more striking. The city assessment averages $287,645, while the HonestDoor Price is $527,308. That is an 83% difference. If you are a condo owner making any kind of financial decision - refinancing, selling, or just understanding your net worth - relying on the city assessment alone would give you a wildly inaccurate picture.
The HonestDoor Price is the real-world check. It pulls from actual transaction data and updates continuously. Think of the city assessment as last year's menu prices - technically on record, but not what you are paying at the counter today.
The So What - Should You Sell in Dalhousie This Summer?
If you own a house in Dalhousie and you have been thinking about listing, the honest answer is: move with intention, not urgency. The market is not collapsing, but it is not a seller's free-for-all either. With homes sitting 26 days on average and buyers negotiating below list price, you need to price sharp from day one. Overpricing and chasing the market down is the worst move you can make right now.
The rental story is actually compelling if you are not in a rush. Houses are pulling an estimated $3,403 per month in rent with a 5.18% rental yield. That is a strong return. If you do not need to sell this summer, holding and renting is a legitimate play.
For condo owners, patience is the word. With 53 days on market and a predicted value that is drifting down from its 3-month average, this is not the moment to rush a listing. The volume is thin - only 5 sales this month - which means your timing and pricing have to be precise. One bad comp can drag your sale price down fast in a low-volume market.
Across the board, Dalhousie is a stable, established neighbourhood. We rank 48th in Calgary for total transaction volume - meaning there is real activity here, not a ghost town. Neighbourhood growth is essentially flat at 0.01% year over year, which is not exciting, but it is steady. Compare that to Varsity, which is actually shrinking at -0.02%, and Dalhousie starts to look pretty reasonable.
Bottom line - check your HonestDoor Price before you make any move. It is the most current number you have, and in a market that is shifting month to month, current is everything.
dalhousie | 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.