Dalhousie, Calgary - September 2026 Real Estate Report

Dalhousie Real Estate Check-In: What Your Neighbour's House Is Actually Worth Right Now

If you live in Dalhousie and you haven't looked at your property value lately, here's the honest truth - your city assessment and your real-world market value are telling two very different stories. Let's break it down.

The Vibe: Houses vs. Condos in Dalhousie

Houses - Strong Demand, Faster Sales

If you've been watching the "For Sale" signs on our streets, here's what's actually happening. Houses in Dalhousie are moving. Eight sold this month, and the average sale price hit $860,037 - up 24.3% from last month. That's not a typo. Listings are sitting at an average ask of $926,760, and homes are selling in about 40 days. That's faster than Varsity, where houses are sitting for 48 days. We're outpacing our neighbours.

• Average sale price: $860,037 (up 24.3% from last month)
• Average list price: $926,760
• Price per square foot: $709
• Average days on market: 40 days
• Sale-to-list ratio: 98.59% - buyers are paying close to ask, but not over
• Predicted market value: $729,807
• Estimated monthly rent: $3,372 with a rental yield of 5.19%
• Growth rank: 95 out of 238 neighbourhoods in Calgary - above average

The rental yield of 5.19% is worth paying attention to. For anyone holding a house here as an investment, that's a solid return. The predicted market value is sitting just below the 3-month moving average of $731,112, which tells us prices are taking a small breather - but the sales activity says demand is still real.

Condos - A Bigger Gap Between Assessment and Reality

Our condo market is where things get really interesting - and a little complicated. Three condos sold this month, up 50% from last month, which sounds exciting. But the average sale price came in at $190,667, and properties are sitting on the market for 48 days. Buyers paid just 94.79% of list price, which means there's room to negotiate if you're buying.

• Average sale price: $190,667
• Average list price: $189,900
• Price per square foot: $272
• Average days on market: 48 days
• Predicted market value: $550,087
• Estimated monthly rent: $2,068 with a rental yield of 4.06%
• Growth rank: 122 out of 216 neighbourhoods in Calgary - below average

The condo side is taking a breather. The predicted market value has dipped to $550,087 from a 3-month moving average of $563,915, and recent value change is down 0.86%. Not a freefall - but worth watching if you're a condo owner here.

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

Here's the thing about your city tax assessment - it's a snapshot from the past. It doesn't know what sold on your block last Tuesday. The HonestDoor Price is updated in real time, pulling from actual transactions and current market signals. That's the number that reflects what a buyer would actually write a cheque for today.

For houses in Dalhousie, the average HonestDoor Price is $739,694 - up 1.35% from the previous period. The city's average assessed value is $751,191. That 1.53% gap might not sound like much, but on a $750,000 property, that's over $11,000 in difference. If you're making any financial decision - refinancing, selling, or just figuring out your net worth - you want the live number, not the government's year-old estimate.

For condos, the gap is even more dramatic. The average assessed value is $287,852, but the average HonestDoor Price is $538,260. That's 86.99% higher than what the assessment suggests. If a condo owner here is relying on their tax notice to understand their equity, they're working with seriously outdated information.

Compared to nearby neighbourhoods, Dalhousie houses hold their own. Varsity clocks in at an HonestDoor Price of $1,010,409 but is growing slower at -0.02%. Edgemont sits at $852,089, also growing slower at -0.01%. Ranchlands is cheaper at $583,870 but growing faster at 0.02%. We're in the middle of the pack on price, but our sales pace is beating the area.

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

If you're a house owner in Dalhousie and you're thinking about listing this summer, the timing has some real upside. Sales are happening faster than in Varsity, the sale-to-list ratio is close to 99%, and that 24.3% month-over-month price jump shows buyers are active. You're not going to get into a bidding war frenzy, but you're also not going to be sitting on the market for months.

The honest advice - price it right from day one. Buyers are paying 98.59% of list, which means overpricing will cost you time, and time costs money. Get your HonestDoor Price first, then have a conversation with your agent about where to land.

For condo owners, the picture is more cautious. With values dipping slightly and days on market at 48, this isn't the moment to rush a listing and hope for the best. The rental yield of 4.06% is moderate - if you don't need to sell right now, holding and renting is a reasonable play while the market finds its footing.

• 115 total property transactions in Dalhousie in 2026 - that's real activity
• 2,374 properties assessed this year across the neighbourhood
• Dalhousie ranks 45th in Calgary for total transactions - we're an active market
• House growth ranks 95 out of 238 Calgary neighbourhoods - above average on the leaderboard
• Condo growth ranks 122 out of 216 - sitting just below the midpoint

Bottom line - Dalhousie is a steady, established neighbourhood with real buyer interest on the house side. Check your HonestDoor Price before you make any move. It's the most accurate read you're going to get without hiring an appraiser.

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.