Eagle Ridge, Calgary - September 2026 Real Estate Report

Eagle Ridge, Calgary: Still One of the Most Expensive Postal Codes in the City - But the Two Markets Are Telling Very Different Stories

The Vibe Right Now

If you live on one of those quiet, tree-lined streets in Eagle Ridge and you've been curious about what your home is actually worth in 2026 - not what the city thinks it was worth two years ago - now is a good time to pay attention. The house market and the condo market here are moving in opposite directions, and knowing which side you're on matters a lot if you're thinking about making a move this summer.

Houses: Fast, Expensive, and Still in Demand

Let's be honest - Eagle Ridge houses are in a league of their own. We're talking about a price rank of 2 out of 220 neighbourhoods in Calgary. That means almost nobody in this city is selling homes at the price point we are. The one house that sold in 2026 went for $4,180,000 and it sold at exactly 100% of list price. No discounts. No negotiating drama. It was gone in 12 days.

For context, houses in nearby Kelvin Grove are sitting for 16 days before selling. Our houses are moving faster. That's not a slow market taking a breather - that's a very specific group of buyers who know what they want and are ready to act.

• Average sale price (Houses): $4,180,000
• Price per square foot: $1,564
• Average days on market: 12 days (rank 11 out of 82 in Calgary - very fast)
• Sold at list price: 100%
• Predicted market value: $2,948,966 - up from the 3-month average of $2,926,811
• Estimated monthly rent: $8,871 (rental yield of 3.43%)
• Growth rank: 22 out of 238 Calgary neighbourhoods - top tier
• Recent value change: +2.60%

That growth rank is worth pausing on. Out of 238 comparable neighbourhoods tracked across Calgary, Eagle Ridge houses sit at number 22. That puts us firmly in the top 10% of the city for growth momentum. Not bad for a neighbourhood that already starts near the top of the price leaderboard.

Condos: The Most Expensive in Calgary - But Taking a Breather

Here's where the story gets more nuanced. Eagle Ridge condos hold the number 1 price rank out of 175 condo neighbourhoods in Calgary. The most expensive. Full stop. But right now, that market is cooling off a little, and buyers know it.

The one condo that sold in 2026 went for $1,400,000 - which sounds like a lot, and it is - but it sold at 93.34% of the list price. The seller was asking $1,499,900 and accepted about $100,000 less. That's a buyers' market signal. On top of that, it sat for 95 days before selling. Even though that's faster than nearby Chinook Park condos (132 days), 95 days is a long time compared to what we're seeing on the house side.

• Average sale price (Condos): $1,400,000
• List price: $1,499,900
• Sold at: 93.34% of list price
• Price per square foot: $687
• Average days on market: 95 days (rank 68 out of 75 in Calgary - slow)
• Predicted market value: $1,216,300 - down from the 3-month average of $1,247,175
• Estimated monthly rent: $4,809 (rental yield of 2.52%)
• Recent value change: -1.63%
• HonestDoor Price: $1,262,725 (up 3.82% from the previous period)

The HonestDoor Price for condos is actually up 3.82% from the previous period, which is a positive signal. But the predicted market value is trending slightly downward right now. These two data points together suggest the condo market here is in a bit of a holding pattern - not crashing, just recalibrating.

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

Here's the thing about city assessments - they're a snapshot of the past. The City of Calgary looks at sale data from a specific window and applies it broadly. By the time that number lands in your mailbox, the market has already moved on.

The HonestDoor Price is updated in real time using actual transaction data, current listing activity, and neighbourhood-level trends. For Eagle Ridge house owners, the HonestDoor Price is sitting at $2,869,105 right now. That's the number that reflects what's actually happening on the ground today - not what a government formula calculated from older data.

If you're a house owner here and you're relying on your last assessment to understand your equity position, you could be working with a number that's significantly off. In a neighbourhood where values have moved 2.60% recently and growth ranks in the top 22 in the city, that gap between your assessment and your real-world value can be substantial.

For condo owners, the HonestDoor Price of $1,262,725 - up 3.82% - is your real-world check against whatever the city last told you. It's the number a buyer's agent is going to look at. It's the number that matters when you're deciding whether now is the right time to list.

So What Does This Mean If You're Thinking About Selling This Summer?

If you own a house in Eagle Ridge, the conditions are genuinely good right now. Buyers are paying full list price, properties are moving in under two weeks, and you're sitting in one of the top growth neighbourhoods in Calgary. If you've been on the fence, this summer is worth a serious conversation with your agent. The demand is there.

If you own a condo, the picture is more nuanced. You still own the most expensive condo product in Calgary by neighbourhood rank - that's a real asset. But buyers are negotiating, and properties are sitting longer. If you need to sell this summer, pricing sharp from day one is the move. Don't anchor to the list price of the last sale. Price to where the market is heading, not where it's been.

Either way, pull your HonestDoor Price before you do anything else. It's free, it's current, and it's the most honest starting point you've got.

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.