Deer Run, Calgary - August 2026 Real Estate Report

Deer Run, Calgary: Your Neighbour Just Got a Better Price Than the City Thinks

If you own a home in Deer Run and you're still relying on your city assessment to know what your place is worth, it's time for a reality check. The numbers on the ground tell a different story - and it's actually worth knowing before you make any moves this summer.

The Vibe: What's Actually Happening in Our Neighbourhood

Deer Run is a steady, mid-range neighbourhood sitting at a comfortable spot in Calgary's southeast. We're not the flashiest block on the street - but we're not pretending to be. With 1,705 houses and 395 condos assessed this year, and 72 total property transactions logged in 2026, there's real activity here. Let's break it down by property type.

Houses: Prices Are Moving, But Buyers Have Some Leverage

If you've been watching the "For Sale" signs in Deer Run lately, here's what's actually happening. House prices are climbing - the average sale price hit $624,083 this month, up 7.5% from last month. That's a real jump. But before sellers get too excited, homes are selling at 98.46% of list price, meaning buyers are still negotiating a little off the ask. That's not a red flag - it just means pricing your home right matters more than ever.

• Average sale price: $624,083 (up 7.5% from last month)
• Average list price: $633,800
• Price per square foot: $389
• Sale-to-list ratio: 98.46% - buyers are paying just under asking
• Average days on market: 24
• Properties sold this month: 6 (up 20% from last month)
• Predicted market value: $652,628
• Estimated monthly rent: $3,119 with a rental yield of 5.34%

We're selling faster than Deer Ridge (27 days) but slower than Parkland (14 days). Think of us as the middle lane - not stuck, not racing. Our growth rate ranks 75 out of 236 Calgary neighbourhoods. That puts us in the above-average tier on the neighbourhood leaderboard - not leading the pack, but solidly ahead of most.

One more thing worth noting: our average house sale price of $624,083 is actually higher than what Parkland houses sold for at $552,250. That might surprise a few people who assume the fancier-sounding neighbourhoods always win on price.

Condos: A Sellers' Market in a Quiet Corner

The condo side of Deer Run is a smaller story, but an interesting one. Only 1 condo sold this month, but it sold at 102.53% of list price - meaning the buyer paid over asking. That's a sellers' market signal, even in a slow-volume segment. The average sale price came in at $410,000, slightly above Deer Ridge condos at $390,475.

• Average sale price: $410,000
• Average list price: $399,900
• Price per square foot: $380
• Sale-to-list ratio: 102.53% - buyers paid above asking
• Average days on market: 24
• Predicted market value: $235,085
• Estimated monthly rent: $1,276 with a rental yield of 4.28%

Condo values have dipped 1.32% recently and the HonestDoor Price has pulled back 3.26% from the previous period. The condo segment is taking a breather. Growth ranks 114 out of 216 Calgary neighbourhoods - below average on the leaderboard right now. Worth watching, but not worth panicking over.

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

Here's the thing about city assessments - they're a snapshot from months ago, built on broad formulas. They don't know your renovated kitchen or the fact that the market shifted last quarter. The HonestDoor Price is updated in real time, pulling from actual sales data happening right now in Deer Run and the surrounding area.

For houses, the city's average assessed value is $664,595. The HonestDoor Price is $647,245 - that's 2.61% lower. For condos, the gap is even bigger: assessed at $242,661, but the HonestDoor Price sits at $227,414 - 6.28% lower. If you're using your assessment to decide whether to sell, refinance, or even just brag at a block party, you could be working with a number that's out of step with reality.

The HonestDoor Price is the real-world check. Use it.

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

If you own a house in Deer Run and you're considering listing this summer, the timing has some things going for it. Prices are up month-over-month, sales volume is rising, and the predicted market value of $652,628 is trending above the 3-month average of $647,297. That's momentum.

You're not going to get Parkland prices - their HonestDoor Price averages $911,273 for houses - but you're also not Deer Ridge at $574,692. We sit in a solid middle ground, and buyers looking for value in Calgary's southeast are paying attention to Deer Run.

For condo owners, the picture is more cautious. Values are softening slightly and transaction volume is thin. If you're not in a rush, it may be worth waiting to see if the market firms up over the next quarter.

Bottom line: check your HonestDoor Price before you do anything else. It takes two minutes and it's a much better starting point than a government form letter from six months ago.

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.