Foothills, Calgary - September 2026 Real Estate Report

Foothills, Calgary: Prices Are Slipping - Here Is What Every Homeowner Needs to Know Right Now

The Vibe in Foothills

If you have been keeping an eye on your street lately, here is the honest picture. Foothills is a tale of two property types right now, and where you sit depends a lot on what you own.

For houses, we are seeing a market that is taking a breather. The average HonestDoor Price sits at $299,255, down a modest 0.10% from last period. That is not a freefall - it is a nudge. The 3-month moving average is $302,068, and the predicted value is tracking just below that at $299,569. So the trend is a slow, steady drift downward. Nothing to panic about, but worth watching. On the neighbourhood leaderboard, our houses rank 118 out of 238 comparable Calgary neighbourhoods for growth - that puts us in above-average territory, which is a better story than it might feel on the ground.

Condos are a different conversation. The average HonestDoor Price for a condo here is $67,324, and that number has dropped 2.86% recently - with a sharper short-term shift of -6.03%. The 3-month moving average is $70,890, and the predicted value of $69,306 is already below that. On the condo leaderboard, Foothills ranks 191 out of 216 neighbourhoods. That puts us near the bottom of the pack for condo growth in Calgary. That is a number worth sitting with if you own one.

• House HonestDoor Price: $299,255 (down 0.10%)
• House predicted value: $299,569
• House 3-month moving average: $302,068
• House growth rank: 118 out of 238 in Calgary (above average)
• Condo HonestDoor Price: $67,324 (down 2.86%)
• Condo predicted value: $69,306
• Condo 3-month moving average: $70,890
• Condo growth rank: 191 out of 216 in Calgary (bottom performers)

The Rental Picture

Here is something that does not get talked about enough in Foothills. If you own a house here and are thinking about renting it out, the numbers are actually decent. Estimated rent comes in at around $1,503 to $1,505 per month, giving a rental yield of 5.87%. That is a strong return - the kind of number that makes a buy-and-hold strategy worth a serious look.

Condo rentals tell a quieter story. At roughly $368 to $380 per month with a 4.33% yield, the returns are moderate. Not bad, but not exciting either. And with values drifting down, the math gets tighter over time.

For context, neighbours in Valleyfield are pulling estimated rents of $2,377 and Eastfield is at $2,418. That gap is significant. It tells us that Foothills houses are priced accessibly, but the income ceiling is lower than what nearby streets are seeing.

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

Here is the thing about your city assessment. It is a snapshot taken months ago, using data that is even older than that. It does not know that condo values in Foothills have shifted by more than 6% recently. It does not know that house prices are drifting below their 3-month average. It is essentially a photograph of a market that has already moved on.

The HonestDoor Price is updated in real time. It reflects what is actually happening on the street right now - not what was happening when the city last ran its numbers. If you are a condo owner in Foothills and your tax assessment still reflects last year's higher values, you could be overpaying on your property tax. That is money out of your pocket based on a number that no longer matches reality.

Checking your HonestDoor Price is the real-world check against that static government figure. It takes about two minutes and it gives you the current picture - not the outdated one.

The So What - Should You Sell in Foothills This Summer?

If you own a house in Foothills and you are thinking about listing this summer, the honest answer is: do not wait too long. Values are above $299,000 right now, but the trend line is pointing downward. The gap between Foothills houses and nearby neighbourhoods like Valleyfield ($471,279) and Eastfield ($472,850) is wide. Buyers who want to stay in this part of Calgary but need a lower entry point are going to keep looking at Foothills - that is a real advantage for sellers. But that advantage shrinks if prices keep drifting.

If you own a condo here, the summer calculus is more urgent. A growth rank of 191 out of 216 is a signal that the market is not working in your favour right now. If selling has been on your mind, getting a current HonestDoor Price and having a real conversation about timing makes a lot of sense before the season gets away from you.

Bottom line - Foothills is not a neighbourhood in crisis. But it is a neighbourhood where knowing your actual numbers, not the government's old ones, could make a real difference to what ends up in your pocket.

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.