Edgemont, Calgary - October 2026 Real Estate Report
Edgemont Real Estate Update: Your Neighbour's Assessment Is Lying To You
If you own a home in Edgemont and you're still looking at your city assessment to figure out what your place is worth, stop. That number is stale. Here is what is actually happening on the ground right now.
The Vibe: Houses vs. Condos
Houses - Still The Star Of The Show
If you have been watching the "For Sale" signs in Edgemont, here is what is actually happening. Houses are moving. The average sale price hit $902,273 this month, up 6.1% from last month. That is not a small jump. Eleven homes sold, and they averaged 45 days on market - faster than Dalhousie next door, where homes are sitting for 53 days. That gap matters. It tells us buyers are choosing Edgemont first.
- Average sale price: $902,273 (up 6.1% from last month)
- Average listing price: $633,000
- Price per square foot: $510
- Homes sold for 96.70% of list price on average
- Days on market: 45 (faster than Dalhousie at 53 days)
- Properties sold in 2026: 172
- Growth rank: 107 out of 221 Calgary neighbourhoods - above average
- Price rank: 85 out of 221 - above average
The predicted market value for a house here sits at $851,971, nudging up from the 3-month moving average of $850,243. Slow and steady. Rental yield is running at 4.97% with an estimated rent of $3,750 per month. That is a solid return if you are thinking about holding rather than selling.
One thing worth noting - buyers are paying below list price right now. That means if you price your home sharp, you move it. If you get greedy, it sits.
Condos - Taking A Breather
We will be straight with you. The condo side of Edgemont is a different story right now. Only one condo sold last month, down 50% from the month before. The average sale price came in at $208,000, which is a significant drop. With just one sale in the data, that number can swing hard - so do not panic, but do pay attention.
- Average sale price: $208,000
- Price per square foot: $239
- Condos sold for 98.00% of list price
- Days on market: 21
- Properties sold in 2026: 22
- Growth rank: 63 out of 207 Calgary neighbourhoods - above average
- Price rank: 54 out of 175 - above average
The predicted market value for condos is $376,126, which is actually creeping up from the 3-month moving average of $375,338. So the underlying value is holding. The rental yield is 4.03% with estimated rent at $1,909 per month - moderate, but real income. The bigger flag here is that nearby Hamptons condos are selling in 13 days versus our 21. That gap suggests the condo market in Edgemont is cooling off compared to neighbours.
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, built on formulas, not on what buyers are actually doing on your street today. The HonestDoor Price is updated in real time using actual transaction data. Think of it as the real-world check against a number the city printed and forgot about.
For houses in Edgemont, the average assessed value is $877,902. The average HonestDoor Price is $843,765 - that is 3.89% lower. That gap is not nothing. If you are making financial decisions based on the assessed number, you could be working with the wrong floor.
For condos, the gap is even wider. The average assessed value is $461,072. The average HonestDoor Price is $365,797 - a difference of 20.66%. That is a significant spread. If you own a condo in Edgemont and you have not checked your HonestDoor Price lately, now is the time.
- House HonestDoor Price: $843,765 (down 0.96% from last period)
- House assessed value: $877,902
- Condo HonestDoor Price: $365,797 (down 2.75% from last period)
- Condo assessed value: $461,072
The HonestDoor Price moves with the market. Your assessment does not. That is the whole point.
The "So What?" - Thinking About Selling This Summer?
If you are a house owner in Edgemont and you are thinking about listing this summer, the timing is not bad. Prices are up month over month, demand is outpacing nearby neighbourhoods, and the rental market gives you a solid backup plan if you decide to hold. The neighbourhood sits at 107 out of 221 on the Calgary growth leaderboard - above the midpoint, which means buyers see value here.
The catch is pricing. Buyers are paying 96.70% of list price on average. That means if you list at $950,000 hoping to negotiate down, expect offers closer to $918,000. Price it right from day one and you will move faster.
If you own a condo and are thinking about selling, be patient or be aggressive on price. The market is taking a breather. One sale in a month is thin data, but 21 days on market is still reasonably quick. The underlying HonestDoor Price is holding and even ticking up slightly. If you need to sell, price it to compete. If you can wait, the rental yield at 4.03% means you are not losing money by holding.
Bottom line - Edgemont is not a neighbourhood in trouble. It is a neighbourhood where the smart move right now is knowing your real number before you make any decisions. Check your HonestDoor Price, compare it to what is actually selling on your street, and go from there.
edgemont | 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.