Falconridge, Calgary - July 2026 Real Estate Report

Falconridge, Calgary: Your Home Is Probably Worth Less Than the City Thinks

If you have been watching the "For Sale" signs in Falconridge lately, here is what is actually happening. The city's assessment says one thing. The market is doing another. And the gap between those two numbers is where your real money lives.

The Vibe: Houses vs. Condos - Two Very Different Stories

Houses

We are in a cooling stretch right now, and the numbers back that up. The average sale price for a house in Falconridge sits at $441,071 - down 13.2% from last month. Only 7 homes sold, which is 36.4% fewer than the month before. Buyers are paying about 98.18% of the asking price, so they are negotiating, and they are winning.

The good news? Homes are not sitting forever. The average days on market is 15, which puts us at rank 16 out of 76 Calgary neighbourhoods for speed - that is genuinely fast. But on price, we rank 205 out of 220 neighbourhoods, meaning Falconridge houses are among the most affordable in the city. That is a double-edged sword depending on which side of the transaction you are on.

• Average sale price: $441,071
• Average list price: $488,888
• Price per square foot: $453
• Average days on market: 15
• Sales volume: 7 homes sold
• Rental yield: 5.73% - that is a strong return
• Estimated monthly rent: $2,317
• Growth rank: 188 out of 233 Calgary neighbourhoods

That rental yield of 5.73% is worth pausing on. If you are not selling, holding and renting is a real strategy here. Not every neighbourhood in Calgary can say that.

Condos

The condo picture is a different animal entirely. Only 1 condo sold this period, so we are working with thin data - but what we have is interesting. The average sale price came in at $272,500, and properties are moving in about 21 days. Buyers paid 99.13% of list price, which signals a stable, balanced situation rather than a fire sale.

Where condos really stand out is growth. Falconridge condos rank 32 out of 216 Calgary neighbourhoods for growth - that puts us in the top 15% of the city. That is not a number we should be sleeping on.

• Average sale price: $272,500
• Average list price: $274,900
• Price per square foot: $354
• Average days on market: 21
• Estimated monthly rent: $2,759
• Rental yield: 3.90%
• Growth rank: 32 out of 216 Calgary neighbourhoods - top tier

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 the past. It does not update when the market shifts, and right now the market is shifting.

For houses in Falconridge, the average city assessment is $470,986. The average HonestDoor Price is $450,391. That is a $20,595 gap - and the HonestDoor Price is the one tracking real-world sales happening right now, not data from months ago. If you are making any financial decision based on your assessment alone, you are working with stale information.

The condo situation is even more striking. The average assessed value for condos is $316,358, while the HonestDoor Price is $885,034. That is a massive difference, and it reflects what the actual market is pricing in versus what the city has on file. Whether that gap narrows or widens matters enormously if you are planning to sell, refinance, or even just understand what you actually own.

The HonestDoor Price is updated regularly using real transaction data. Think of it as the real-world check against a number that gets revised once a year whether the market moves or not.

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

If you own a house in Falconridge and are thinking about listing this summer, here is the honest take. The market is taking a breather. Prices are down, volume is down, and buyers have a bit of leverage right now. That does not mean you cannot sell - homes are still moving in 15 days on average, which is fast. But pricing it right from day one matters more than ever. Overpricing in this environment is the fastest way to sit on the market and watch your negotiating position erode.

Compare where we stand against our neighbours. Temple is at an HonestDoor Price of $512,277. Castleridge is at $497,696. Coral Springs is at $673,958. Falconridge houses are priced below all of them, which means buyers looking for value are already looking at our street. That is actually a selling point if you frame it right.

If you own a condo, the story is more optimistic. You are sitting in a top-growth neighbourhood by Calgary standards, and the HonestDoor Price suggests significant value that the city assessment has not caught up to yet. If you are thinking about selling, this summer could be a reasonable window before that gap closes.

Either way - house or condo - pull your HonestDoor Price before you do anything else. It takes two minutes and it will tell you more about where you actually stand than any assessment notice in your mailbox.

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.