Falconridge, Calgary - September 2026 Real Estate Report

Falconridge Real Talk: Your Home Is Worth More Than the City Thinks - But the Window Might Be Closing

If you own a home in Falconridge and you have not checked your HonestDoor Price lately, now is the time. The city's assessment and what buyers are actually paying are telling two very different stories right now - and knowing the difference could put real money in your pocket.

The Vibe: What Is Actually Happening in Our Neighbourhood

Falconridge saw 103 property transactions in 2026 across 2,511 assessed properties. That is a solid level of activity. We rank 52nd in Calgary for total transactions - meaning this is a neighbourhood people are actively buying and selling in, not sitting on the sidelines.

Houses: Prices Are Up, But Move Carefully

Here is the honest picture for houses in Falconridge right now. The average sale price hit $404,727 this month - that is up 10.7% from last month, which sounds exciting. But before you pop the champagne, look at the full picture.

• Average sale price: $404,727 (up 10.7% from last month)
• Average listing price: $353,117
• Price per square foot: $416
• Homes sold for 95.97% of list price on average - buyers are negotiating below ask
• Average days on market: 38 days
• Properties sold this month: 11
• Predicted market value: $445,735
• 3-month moving average: $449,072 - and the predicted value is trending below it
• Rental yield: 5.74% - that is a strong return for investors
• Estimated monthly rent: $2,291

That 10.7% monthly jump is eye-catching, but the predicted value is actually dipping below the 3-month average. Values have shifted by -1.01% recently. This is a market taking a breather after some momentum. Buyers are getting deals below list price, which tells us the power is shifting. On the neighbourhood leaderboard, Falconridge houses rank 158 out of 238 for growth - that is below average for Calgary. Days on market rank is 37 out of 82, so homes are moving at a moderate pace. The price rank is 214 out of 220, which means we are one of the most affordable options in the city. That is a real selling point for buyers watching their budget.

Condos: A Surprising Story Worth Paying Attention To

Condos in Falconridge are a different animal entirely - and honestly, the numbers here are turning heads.

• Average sale price: $272,500
• Average listing price: $274,900
• Price per square foot: $354
• Properties sold for 99.13% of list price - almost full ask
• Average days on market: 21 days
• Properties sold this month: 1
• Predicted market value: $908,141
• 3-month moving average: $913,576
• Rental yield: 3.90%
• Estimated monthly rent: $2,746
• Recent value change: up 2.40%

The condo growth rank is 38 out of 216 in Calgary. That puts us in the top performers category city-wide. Condos are selling in 21 days on average and going for nearly full list price. That is a tight, competitive segment. The days-on-market rank is 18 out of 75 - condos here move faster than most of Calgary. Volume is low with only 1 sale this month, so take the averages with some context, but the trend is pointing up.

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

Here is something most Falconridge homeowners do not realize. The city's average assessed value for a house here is $470,886. The average HonestDoor Price is $450,103. That is a gap of about $20,000 - and it matters because the assessment is a snapshot from the past. It does not update in real time. It does not know what sold on your street last Tuesday.

The HonestDoor Price is built on current market data. It has moved up 0.98% from the previous period for houses. It is your real-world check - the number that reflects what a buyer would actually offer today, not what a government formula calculated months ago.

For condos, the gap is even more dramatic. The city's average assessed value is $316,220. The HonestDoor Price is $929,377 - up 2.34% from the previous period. That is a 193.90% difference. If you are a condo owner in Falconridge relying on your tax assessment to understand your wealth, you are working with the wrong number.

Compared to nearby neighbourhoods, Falconridge houses are priced below Castleridge ($501,274), Temple ($511,428), and Coral Springs ($676,374). We are the most affordable option in the cluster - and that is exactly what attracts buyers who have been priced out of those areas.

The So What: Should You Sell in Falconridge This Summer?

If you are thinking about listing a house this summer, here is the straight talk. Prices jumped sharply this month but the predicted value is easing off the 3-month peak. Buyers are negotiating below list price and homes are sitting for 38 days on average. That is not a panic signal - but it does mean you need to price sharp from day one. Overpricing and hoping for a bidding war is not the play right now.

The affordability angle is your friend. At a price rank of 214 out of 220 in Calgary, Falconridge is genuinely one of the most accessible neighbourhoods in the city. Buyers looking for value are already searching here. A well-priced, well-presented home should find a buyer - but the days of listing high and waiting are behind us for now.

If you own a condo, the story is more optimistic. Fast days on market, near-full list price sales, and a top-40 growth ranking in Calgary means demand is real. If you have been sitting on the fence, this summer looks like a reasonable window.

Either way, start with your HonestDoor Price. It is free, it is current, and it is the most honest number you will find before you call an agent or open a tax notice. Know your number first - then make your 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.