Edgemont, Calgary - July 2026 Real Estate Report

Edgemont Real Estate Right Now: Houses Are Flying, Condos Are Catching Their Breath

If you live in Edgemont and you have been wondering whether the market is still hot or starting to cool off, the answer depends on what you own. Houses? Still a sellers' game. Condos? A different story. Here is the straight breakdown.

The Vibe: Houses vs. Condos in Edgemont

Houses - We Are Sitting Pretty

If you own a house in Edgemont, the numbers are working in your favour right now. The average sale price is sitting at $821,667, up 1.0% from last month. Buyers are paying above asking - 102.08% of list price on average - which means competition is real. Homes are moving in just 8 days on average. That is not a slow market. That is a sprint.

• Average sale price: $821,667 (up 1.0% month over month)
• Average list price this month: $706,600
• Price per square foot: $391
• Sale-to-list ratio: 102.08% - buyers are paying over asking
• Average days on market: 8 days
• Properties sold in 2026: 121 transactions across the neighbourhood
• Days-on-market rank: 9 out of 76 neighbourhoods - one of the fastest-selling in Calgary
• Growth rank: 74 out of 233 - solidly above average on the Calgary leaderboard

The predicted market value for an Edgemont house is $848,465, and that number is trending up from the 3-month moving average of $836,276. If you own here, your equity is moving in the right direction. Rental potential is also strong at an estimated $3,742 per month, with a rental yield of 4.97%.

Condos - Taking a Breather

The condo side of Edgemont is a different conversation. Only 1 condo sold this month, and it sat on the market for 21 days - longer than nearby Hamptons at 15 days. Buyers paid 98% of list price, meaning there is a little room to negotiate. The predicted market value of $376,498 is actually dipping below the 3-month moving average of $383,186, and values have shifted by -2.02% recently.

• Average sale price: $620,000
• Average list price this month: $449,000
• Price per square foot: $317
• Sale-to-list ratio: 98.00% - slight room to negotiate
• Average days on market: 21 days
• Predicted market value: $376,498 (trending down from 3-month average)
• Rental estimate: $1,928 per month with a 4.04% yield
• Growth rank: 170 out of 216 - below average on the Calgary leaderboard right now

One thing worth noting - Edgemont condos rank 32 out of 173 for price in Calgary. So even in a slower stretch, we are not talking about a cheap product. The price rank is strong. It is the momentum that has softened.

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

Here is something most Edgemont homeowners do not realize. The city's assessed value for houses here averages $878,031. But the average HonestDoor Price is $851,828. That is a gap of nearly $26,000 - and the HonestDoor Price is the one that actually reflects what buyers are doing in the market today, not what a government office calculated months ago.

For condos, the gap is even wider. The average assessed value is $461,471, but the HonestDoor Price is $374,871. That is an 18.77% difference. If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the assessed value as your benchmark could seriously mislead you.

The HonestDoor Price updates in real time. The city assessment does not. Think of the assessment as a snapshot from last year and the HonestDoor Price as what your neighbour's place actually sold for last week. One of those numbers is more useful when you are making a real decision.

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

If you own a house in Edgemont, this summer looks like a good window. Buyers are paying over asking, homes are selling in under two weeks, and the predicted value is climbing. With only 6 houses sold last month, inventory is tight - and tight inventory is a seller's best friend. Pricing it right matters though. The gap between average list price ($706,600) and average sale price ($821,667) tells you buyers are willing to stretch, but you still need to come in sharp to trigger that competition.

If you own a condo, patience is the word. The market is not broken - the price rank is still strong at 32 out of 173 in Calgary. But with values dipping slightly and days on market creeping up, this is not the moment to rush a listing. Watch the next 60 days. If inventory stays low and that one sale this month was just a slow patch, conditions could shift quickly.

Either way, the first move is simple - check your HonestDoor Price before you do anything else. It is the real-world number, not the government's best guess 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.