Deer Run, Calgary - September 2026 Real Estate Report

Deer Run, Calgary: What's Actually Happening With Home Prices Right Now

If you've been watching the "For Sale" signs on your street and wondering whether the market is heating up or cooling off, here's the straight answer. Deer Run is holding steady - but the details matter a lot depending on whether you own a house or a condo.

The Vibe: Houses vs. Condos in Deer Run

Houses - Solid Ground, With a Few Signals Worth Watching

We're seeing house prices in Deer Run averaging $648,200 in recent sales - up 3.9% from last month. That's a real number, not a rounding error. Listings are sitting around $613,300, and homes are selling at 98.15% of list price, meaning buyers are getting a small discount off asking. Five homes sold this period, which is down 16.7% from the month before, so volume is lighter than we'd like to see.

• Average sale price: $648,200 (up 3.9% month over month)
• Average list price: $613,300
• Price per square foot: $462
• Sale-to-list ratio: 98.15% - buyers paid slightly under asking
• Average days on market: 23
• Properties sold this period: 5
• Predicted market value: $647,245
• Estimated monthly rent: $3,097 with a rental yield of 5.35%
• Growth rank: 146 out of 238 Calgary neighbourhoods

On the neighbourhood leaderboard, houses in Deer Run rank 146 out of 238 for growth - that puts us in the below-average tier for Calgary. Days on market rank is 22 out of 82, which actually means we're selling faster than most. So the demand is there, even if the price growth isn't leading the pack. Compare that to nearby Parkland, where houses sold for an average of $552,250 - Deer Run houses are coming in higher than that, which is a good sign for sellers here.

Condos - A Tighter Story, But Buyers Are Paying Over Asking

The condo side of Deer Run is a different picture. Only one condo sold this period, so we're working with thin data - but that one sale tells an interesting story. The average sale price hit $410,000, and buyers paid 102.53% of list price. That means there was competition. When buyers go over asking, that's a real signal of demand, even in a quiet month.

• Average sale price: $410,000
• Average list price: $399,900
• Price per square foot: $380
• Sale-to-list ratio: 102.53% - buyers paid over asking
• Average days on market: 24
• Properties sold this period: 1
• Predicted market value: $227,414
• Estimated monthly rent: $1,234 with a rental yield of 4.29%
• Growth rank: 180 out of 216 Calgary neighbourhoods

On the leaderboard, Deer Run condos rank 180 out of 216 for growth - that puts us near the bottom for price appreciation. But here's the flip side: price rank is 52 out of 175, meaning Deer Run condos are actually priced above average compared to similar Calgary neighbourhoods. Nearby, Deer Ridge condos are averaging an HonestDoor Price of $451,892 - significantly higher than what we're seeing here. That gap is worth paying attention to.

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

Here's something most Deer Run homeowners don't realize. The city's assessed value for houses here is $664,595. The HonestDoor Price is $654,456. That's a $10,000 gap - and the assessment is the higher number. Why does that matter? Because the city's assessment is a snapshot from months ago. It doesn't know what happened on your street last week. The HonestDoor Price updates in real time using actual market activity, so it reflects what a buyer would genuinely pay today - not what a government formula calculated last fall.

For condos, the gap is even bigger. The city's average assessed value is $242,661. The HonestDoor Price is $225,755 - that's 6.97% lower. If you're making any financial decision based on your tax assessment alone, you could be working with a number that's out of step with reality. The HonestDoor Price is the real-world check.

Deer Run has 1,705 houses and 395 condos assessed this year. With 81 total property transactions in 2026 so far, there's enough market activity to make these estimates meaningful - not just guesswork.

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

If you own a house in Deer Run and you're thinking about listing this summer, the timing has some things going for it. Prices are up month over month, demand is moving faster than most Calgary neighbourhoods by days-on-market rank, and you're priced above nearby Parkland on recent sales. The catch is that volume is light and the 3-month moving average for predicted value ($650,124) is slightly above the current predicted value ($647,245), which means prices have taken a small step back recently. Not a crash - just a breather. Listing competitively and pricing sharp matters more right now than it did six months ago.

If you own a condo, the over-asking sale is encouraging, but one transaction doesn't make a trend. The HonestDoor Price has dipped 0.73% recently and the 3-month moving average is higher than where values sit today. If you're planning to sell, don't wait for the market to come back to you - price it right from day one and lean into the fact that Deer Run condos are selling faster than most of the city.

Either way, check your HonestDoor Price before you do anything else. It's the number that reflects what's actually happening - not what the city decided your home was worth last year.

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.