Edgemont, Calgary - June 2026 Real Estate Report

Edgemont Real Estate Check-In: Good Bones, But the Market Is Catching Its Breath

The Vibe Right Now

If you live in Edgemont and you've been watching the "For Sale" signs lately, here's the honest read: we're in a market that's cooling off, not crashing. Houses and condos are telling two slightly different stories, so let's break them down.

Houses - Still Solid, But Buyers Are Gaining Ground

The average house in Edgemont sold for $646,250 this month - that's down 18.2% from last month. Before you panic, note that only 4 homes sold, so one or two lower-priced sales can swing that number hard. Listings are sitting at an average ask of $823,725, and homes are selling at 99.01% of list price. Buyers are getting a small discount, but sellers aren't getting crushed.

• Average sale price: $646,250 (down 18.2% month over month)
• Average list price: $823,725
• Price per square foot: $485
• Average days on market: 38
• Properties sold at 99.01% of list price
• Predicted market value: $833,787
• Estimated monthly rent: $3,696 - rental yield of 5.00%

Homes are sitting on the market for 38 days on average. That's not fast, but it's not stale either. The days-on-market rank is 35 out of 74 comparable neighbourhoods - right in the middle of the pack. On price, we rank 105 out of 220 neighbourhoods, which puts us above average for Calgary. Growth rank is 135 out of 233, which puts us in the below-average tier on the neighbourhood leaderboard. We're not leading the pack, but we're not at the back either.

For anyone thinking about renting instead of selling, a 5.00% rental yield on a house is genuinely strong. At $3,696 per month in estimated rent, holding the property has a real argument behind it.

Condos - A Tougher Spot to Be In

The condo picture in Edgemont is where we need to be straight with each other. Only 1 condo sold this month at $245,000, with a price per square foot of $280. Buyers paid 98.00% of list - again, a slight discount. Properties are sitting for 21 days, which sounds okay, but nearby Hamptons condos are moving in 15 days. That gap matters.

• Average sale price: $245,000
• Price per square foot: $280
• Average days on market: 21
• Properties sold at 98.00% of list price
• Predicted market value: $384,466
• Estimated monthly rent: $1,968 - rental yield of 4.03%

The condo growth rank is 173 out of 211 neighbourhoods. That puts Edgemont condos near the bottom of the Calgary leaderboard for price growth right now. Values have dipped 1.17% recently, and the predicted market value of $384,466 is already trending below the 3-month moving average of $387,764. The direction is down, at least for now.

One bright spot: on price rank, Edgemont condos sit at 43 out of 174 - above average for Calgary. So we're not cheap, we're just not growing fast. A 4.03% rental yield is moderate, not exciting, but it keeps the math workable for investors who are patient.

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

Here's the thing about your city assessment: it's a snapshot from months ago, built on formulas that don't know what's happening on your street this week. The HonestDoor Price is updated in real time using actual market activity - and right now, the gap between the two numbers is telling a story worth paying attention to.

For houses, the average city assessment in Edgemont sits at $878,098. The average HonestDoor Price is $848,516 - that's 3.37% lower than what the city has on file. If you're making decisions based on your assessment, you could be working with a number that's already out of date. The HonestDoor Price has nudged up 1.77% from the previous period, which is a small but real positive signal for house owners.

For condos, the gap is much bigger. The average city assessment is $461,653. The average HonestDoor Price is $376,756 - that's 18.39% lower. If you own a condo in Edgemont and you're planning around your assessed value, that's a significant difference. The HonestDoor Price has also dipped 2.01% from the previous period, so the trend for condos is moving in the wrong direction.

Bottom line: your assessment is a rear-view mirror. The HonestDoor Price is the windshield. Use the right one when you're making real money decisions.

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

If you own a house in Edgemont and you're thinking about listing this summer, the window is still open - but it's not wide open. Buyers are getting small discounts, homes are taking over a month to sell, and the predicted value is drifting slightly below the 3-month average. That doesn't mean don't sell. It means price it right from day one. Overpriced listings are sitting. Well-priced ones are still moving at 99% of ask.

Compare that to nearby Hamptons, where the HonestDoor Price averages $985,299. If your house is priced competitively against that benchmark, you have a story to tell buyers who are being priced out of Hamptons. Edgemont is the more affordable option in a strong northwest pocket of the city.

If you own a condo and you're thinking about selling, the honest advice is to move with urgency if you need to sell. Values are declining, the growth rank is near the bottom of the Calgary leaderboard, and nearby condos in Dalhousie, Hamptons, and Macewan Glen are all priced significantly higher - meaning buyers who want a condo in this part of the city have options that look more attractive on paper. Waiting for the market to come back to you is a risky play right now.

For anyone on the fence, pull your HonestDoor Price today. It takes 30 seconds and gives you the real-world number - not the one the city calculated before this market shift happened.

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.