Deer Run, Calgary - October 2026 Real Estate Report
Deer Run, Calgary: Your Neighbours Are Selling Above Ask - Here's the Full Picture
The Vibe Right Now
If you've been watching the "For Sale" signs in Deer Run, the story splits cleanly depending on what you own. Houses are on fire. Condos are taking a breather. Let's break it down.
Houses - A Sellers' Market, Full Stop
We are in a strong spot if you own a house here. The average sale price hit $700,562 this month - up 8.1% from last month. Homes are sitting on the market for just 12 days on average, which ranks 9th out of 82 comparable Calgary neighbourhoods for speed. That is seriously fast. For context, houses in nearby Parkland are taking 14 days to sell. Ours are gone in 12.
- Average sale price: $700,562 (up 8.1% month over month)
- Average list price: $579,900
- Sale-to-list ratio: 101.40% - buyers are paying over asking
- Price per square foot: $380
- Average days on market: 12
- 8 properties sold this month
- Predicted market value: $654,456
- Rental yield: 5.33% - strong returns for investors
- Estimated monthly rent: $3,123
On the neighbourhood leaderboard, Deer Run houses rank 63rd out of 221 Calgary neighbourhoods for growth. That puts us solidly in the above-average tier - not the flashiest address in the city, but a steady, reliable performer that serious buyers are clearly paying attention to.
Condos - A Different Story
We have to be straight with you here. The condo side is cooling. Only 1 condo sold this month, and the average sale price came in at $290,000 - down 29.3% from last month. Buyers paid 98.31% of list price, meaning sellers are giving a little ground. Days on market sit at 19, which is slower than nearby Parkland at 14 days, though still faster than Deer Ridge at 27 days.
- Average sale price: $290,000 (down 29.3% month over month)
- Average list price: $295,000
- Sale-to-list ratio: 98.31% - slight discount from list
- Price per square foot: $288
- Average days on market: 19
- 1 property sold this month
- Predicted market value: $225,755
- Rental yield: 4.29% - moderate returns
- Estimated monthly rent: $1,226
The 3-month moving average for condo values sits at $229,418 and the predicted value of $225,755 is trending below that. It is not a freefall, but the direction is worth watching. On the leaderboard, Deer Run condos rank 95th out of 207 Calgary neighbourhoods for growth - still above average, but the recent dip of -0.73% is a signal to pay attention to.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your city assessment. It is a snapshot from months ago, calculated using broad formulas that do not account for what is actually happening on your street today. The average assessed value for houses in Deer Run is $664,595. The HonestDoor Price for the same houses is $647,015. That is a gap of 2.65%.
For condos, the gap is even wider. The average assessed value is $242,661. The HonestDoor Price is $223,400 - sitting 7.94% below the city's number. If you are a condo owner using your assessment to make decisions about selling, refinancing, or even just understanding your equity, you could be working with a number that is significantly off from real-world market conditions.
The HonestDoor Price updates in real time using actual transaction data. It is the real-world check against a static government number. For Deer Run right now, that difference is not trivial - it is thousands of dollars.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Deer Run, this is genuinely one of the better windows we have seen. Buyers are paying over asking, homes are moving in under two weeks, and the sale-to-list ratio of 101.40% tells you demand is real. With 87 total property transactions recorded in 2026 across 1,705 assessed properties, the market is active but not oversaturated. Supply is tight enough that a well-priced listing gets attention fast.
If you own a condo, the calculus is different. One sale this month is a thin data set, and prices are dipping. That does not mean you cannot sell - it means you need to price sharp and be realistic. The HonestDoor Price of $223,400 is your anchor, not the assessed value of $242,661. List based on where the market actually is, not where the city thinks it was six months ago.
Either way, check your HonestDoor Price before you do anything else. It takes 30 seconds and it will tell you more about your home's current value than any assessment notice in your mailbox.
deer run | 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.