Deer Run, Calgary - July 2026 Real Estate Report

Deer Run, Calgary: Your Neighbour Just Listed. Here's What You Need to Know.

If you've been watching the "For Sale" signs pop up in Deer Run this season, here's the real picture. The market here is doing something interesting - houses and condos are telling two very different stories, and knowing which one applies to you could be worth tens of thousands of dollars.

The Vibe: Houses vs. Condos in Deer Run

Houses - Steady, But Buyers Are Negotiating

We're seeing house prices hold up reasonably well. The average sale price sits at $580,500, up 0.3% from last month. But here's the number that actually matters: homes are selling at 95.22% of list price. That means if you list at $600,000, expect to close closer to $571,000. Buyers in our neighbourhood are pushing back, and sellers are accepting it.

• Average sale price: $580,500 (up 0.3% from last month)
• Average list price: $575,000
• Sale-to-list ratio: 95.22% - buyers are paying below asking
• Price per square foot: $477
• Average days on market: 34 days
• Properties sold in 2026: 65 total transactions

That 34-day average is worth paying attention to. Our neighbours in Deer Ridge are moving houses in 27 days. When a comparable neighbourhood is selling faster than us, it tells us Deer Run houses need sharp pricing to compete. This market is taking a breather - not crashing, just slower.

The good news? Our growth rate ranks 69 out of 233 Calgary neighbourhoods. That puts us solidly above average on the city leaderboard. We're not leading the pack, but we're ahead of most.

Condos - A Sellers' Sweet Spot (With Caveats)

Condos are a different story. The one condo that sold this month went for $410,000 - and it sold at 102.53% of list price. That means the buyer paid over asking. In a market where house buyers are negotiating down, condo buyers here are competing up. That's a real signal.

• Average sale price: $410,000
• Average list price: $399,900
• Sale-to-list ratio: 102.53% - buyers paid above asking
• Price per square foot: $380
• Average days on market: 24 days
• Condo transactions in 2026: 4

The condo side ranks 59 out of 216 Calgary neighbourhoods for growth - that's top 27% on the city leaderboard. Condos here are also selling faster than Deer Ridge (27 days) and priced above average for Calgary, ranking 56 out of 173 neighbourhoods. Low volume, but the demand that exists is real.

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

Here's something most Deer Run homeowners don't realize. The city's assessed value for houses here averages $664,964. But the average HonestDoor Price - which pulls from actual recent market activity, not a once-a-year government snapshot - comes in at $652,959. That's a $12,005 gap.

Why does that gap matter? Because the city assessment is a rear-view mirror. It reflects what the market looked like months ago when assessors ran their numbers. The HonestDoor Price is updated in real time, using current sales data. 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 gap is even sharper. The average assessed value is $243,203, but the HonestDoor Price sits at $235,683 - and it's down 1.33% from the previous period. If you're a condo owner relying on your assessment to feel good about your equity position, that's a number worth double-checking right now.

• House HonestDoor Price: $652,959 (up 0.33% recently)
• House assessed value: $664,964 - HonestDoor is 1.81% lower
• Condo HonestDoor Price: $235,683 (down 1.33% recently)
• Condo assessed value: $243,203 - HonestDoor is 3.09% lower

The HonestDoor Price for houses also lines up closely with the predicted market value of $650,811 - which is climbing above the 3-month moving average of $640,213. That upward trend is a quiet but real signal that house values here are building momentum.

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

If you own a house in Deer Run and you're thinking about listing this summer, here's the straight talk. Prices are up slightly, but buyers have leverage. They're paying 95 cents on the dollar. To get top dollar, your home needs to be priced right from day one - not optimistically high with room to negotiate down. Overpriced listings are sitting 34 days or longer, and a stale listing in a neighbourhood where Deer Ridge is moving faster is a tough spot to recover from.

The rental angle is also worth knowing. If selling isn't the right move yet, houses here are pulling an estimated $3,119 per month in rent with a 5.34% rental yield. That's a strong return by Calgary standards - meaning holding and renting is a genuinely competitive option, not just a fallback.

If you own a condo and you're thinking about selling, your timing might actually be better than you think. Low inventory, buyers paying over asking, and a top-30% growth ranking in Calgary - that's a reasonable window. Just keep an eye on the HonestDoor Price trend, because it's down 1.33% recently. The window is open, but it may not stay that way.

• House rental estimate: $3,119 per month - rental yield of 5.34%
• Condo rental estimate: $1,292 per month - rental yield of 4.28%
• House Airbnb potential: $155 per night
• Condo Airbnb potential: $64 per night
• Deer Run neighbourhood growth: 0.04% year over year
• 1,703 house properties assessed - 397 condo properties assessed

Bottom line - Deer Run is a stable, above-average neighbourhood on Calgary's south side. It's not the flashiest market right now, but it's not falling apart either. Know your real numbers, price sharp, and you'll be fine. Check your HonestDoor Price before you do anything else.

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.