Edgemont, Calgary - September 2026 Real Estate Report

Edgemont Real Estate Check-In: Your Neighbour Just Sold for $850K - Here Is What You Need to Know

The Vibe Right Now

If you have been watching the "For Sale" signs on the crescents and cul-de-sacs up here in Edgemont, here is what is actually happening. The market is moving, but it is telling two very different stories depending on whether you own a house or a condo. Let us break it down.

Houses: Still the Star of the Show

The average house sale price in Edgemont hit $850,165 this month - up 9.4% from last month. That is not a typo. Active listings are sitting at an average of $926,575, and homes are selling at 97.39% of list price. So buyers are getting a small discount, but sellers are still walking away with serious money. Twelve houses sold this month, spending an average of 29 days on the market. That is a reasonably quick turnaround for a neighbourhood of our size.

• Average sale price: $850,165 (up 9.4% month over month)
• Average list price: $926,575
• Price per square foot: $476
• Average days on market: 29
• Properties sold at 97.39% of list price
• Homes sold this month: 12

For context, Hamptons houses are selling around $780,000. We are running ahead of our neighbours to the south, and that gap matters when you are thinking about what your home is actually worth today.

One thing worth watching: the predicted market value for houses sits at $847,181, which is just slightly below the 3-month moving average of $849,158. Values have dipped 0.55% recently. The market is not falling - it is taking a breather. On the neighbourhood leaderboard, Edgemont houses rank 126 out of 238 Calgary neighbourhoods for growth. That puts us in the middle of the pack, not leading the charge, but not sliding either.

Condos: A Different Story

Condos in Edgemont are in a cooler spot right now. Only 2 condos sold this month, and the average sale price dropped to $373,250 - down 39.8% from last month. Before you panic, that kind of swing on low volume (two sales) can be misleading. Two sales is not a trend; it is a data point. Still, it is worth paying attention.

• Average sale price: $373,250 (down 39.8% month over month)
• Average list price: $449,000
• Price per square foot: $313
• Average days on market: 21
• Properties sold at 98.00% of list price
• Condos sold this month: 2

Condos are sitting on the market for 21 days on average, compared to 13 days in Hamptons. That gap tells us condo buyers in Edgemont have more options and more patience than they did a few months ago. On the neighbourhood leaderboard, Edgemont condos rank 84 out of 216 Calgary neighbourhoods for growth - that is above average. And for price, we rank 24 out of 175, meaning Edgemont condos are among the pricier options in the city. The predicted market value for condos is $375,773, which is actually ticking up slightly against the 3-month moving average of $375,714. Small move, but it is moving in the right direction.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here is the thing most Edgemont homeowners do not realize. Your city assessment is a snapshot from months ago, based on data that was already old when it landed in your mailbox. The market has moved since then - and not always in the direction the assessment suggests.

For houses, the average city assessment in Edgemont is $878,031. The average HonestDoor Price is $852,089. That is a gap of nearly $26,000. The HonestDoor Price is 2.95% lower than the assessed value - and it has been updated with current market activity. That matters because if you are pricing a listing, negotiating a sale, or just trying to figure out your net worth on paper, using a stale assessment number can send you in the wrong direction.

For condos, the gap is even wider. The average city assessment is $461,471. The average HonestDoor Price is $376,554 - that is 18.40% lower. If a condo owner in Edgemont is making decisions based on that assessed value, they could be working with a number that is off by nearly $85,000. That is not a rounding error. That is real money.

The HonestDoor Price is the real-world check. It updates as the market moves. Your assessment does not.

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

For house owners, the timing is genuinely interesting. Prices are up month over month, homes are moving in under 30 days, and we are sitting above nearby neighbourhoods on price. The window is open. If you have been sitting on the fence, this summer is worth a serious conversation with your agent - armed with your HonestDoor Price, not your assessment.

For condo owners, patience is the word. With only 2 sales this month and days on market creeping up compared to Hamptons, buyers have options. That does not mean you cannot sell - it means you need to price sharp and present well. The HonestDoor Price for condos ($376,554) is a much more honest starting point than the assessed value ($461,471). List too high and you will sit. Price it right and you can still move in 21 days.

• House rental estimate: $3,750 per month (rental yield: 4.98%)
• Condo rental estimate: $1,909 per month (rental yield: 4.04%)
• House Airbnb estimate: $186 per night
• Condo Airbnb estimate: $95 per night
• Total house transactions in 2026 so far: 156
• Total condo transactions in 2026 so far: 20

Bottom line: Edgemont is not a neighbourhood in trouble. It is a neighbourhood where the details matter. Know your real number before you make a move.

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.