Fairways, Airdrie - August 2026 Real Estate Report

Fairways, Airdrie: Your Neighbour Just Got a Reality Check on Their Home's Value

If you own a home in Fairways and you haven't looked at your HonestDoor Price lately, now is the time. The market is moving in two different directions depending on what you own - and the gap between what the city thinks your place is worth and what buyers are actually paying is wider than most people realize.

The Vibe: What's Actually Happening on Our Streets

Houses in Fairways

Let's be straight with you. The house market here is taking a breather. The average sale price for houses sits at $522,500, which is down 20.2% from last month. Only 2 homes sold, and they sat on the market for an average of 41 days before finding a buyer. Homes are selling at 98.67% of list price, meaning buyers are negotiating - and winning.

The HonestDoor Price for houses is averaging $615,006, up 3.36% from the previous period. But the predicted market value for houses right now is $595,011, which is actually slipping below the 3-month moving average of $602,478. Values have dipped 1.59% recently. On the neighbourhood leaderboard, Fairways houses rank 28 out of 48 for growth in Airdrie - that's below average territory. Days on market rank is 18 out of 31, which tells us homes here are not flying off the shelves.

• Average HonestDoor Price (Houses): $615,006
• Average Sale Price: $522,500
• Price Per Square Foot: $362
• Average Days on Market: 41
• Sale-to-List Ratio: 98.67%
• Estimated Monthly Rent: $2,911
• Rental Yield: 5.45%
• Growth Rank: 28 out of 48 in Airdrie

One silver lining for landlords - a 5.45% rental yield is genuinely strong. If selling isn't the plan, holding and renting is a real option worth running the numbers on.

Condos in Fairways

Condos are telling a different story. The HonestDoor Price for condos is up 6.95% to $293,226 - that's the strongest growth signal in this update. Only 1 condo sold, but it moved in 14 days and fetched $413,000, which is close to list at 98.33%. The predicted market value of $274,161 is actually ticking upward against the 3-month average of $273,460.

On the neighbourhood leaderboard, Fairways condos rank 15 out of 40 for growth - above average in Airdrie. Days on market rank is 4 out of 19, meaning condos here sell faster than most comparable spots in the city. Price rank is 7 out of 26, putting us above average on price too.

• Average HonestDoor Price (Condos): $293,226
• Average Sale Price: $413,000
• Price Per Square Foot: $370
• Average Days on Market: 14
• Sale-to-List Ratio: 98.33%
• Estimated Monthly Rent: $1,466
• Rental Yield: 4.22%
• Growth Rank: 15 out of 40 in Airdrie

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on data that's already stale. It doesn't know that house values in Fairways have shifted 1.59% recently, or that the condo side of our neighbourhood just posted a 6.95% bump in the HonestDoor Price.

The HonestDoor Price is updated in real time using actual transaction data. For house owners, it's currently sitting at $615,006 - that's a meaningful number to know, especially when the assessed value on your tax notice might be telling you something completely different. For condo owners, that 6.95% increase is the kind of move that changes your equity position in a real way.

If your financial plan, refinancing decision, or selling timeline is based on a government assessment, you could be working with the wrong number. Check your HonestDoor Price first.

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

For house sellers, the honest answer is: price it right or sit on it. With 41 average days on market and buyers paying below list, overpricing a house in Fairways this summer is a fast way to watch your listing go stale. The buyers are out there - they're just not in a rush, and they know it.

For condo sellers, the window looks better. Faster sales, above-average growth rank, and a 6.95% HonestDoor Price increase mean demand is holding up. If you've been on the fence, the condo side of Fairways is in a stronger position heading into the summer market than the house side.

Either way, your first move should be pulling your current HonestDoor Price at HonestDoor.com. Know your real number before you call an agent, set a list price, or make any decisions. The market is moving - make sure you're moving with the right information.

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.