Forest Heights, Calgary - July 2026 Real Estate Report

Forest Heights, Calgary: Your Neighbour Just Sold - Here Is What You Need To Know

If you have been watching the "For Sale" signs on your block and wondering what is actually going on with prices in Forest Heights, here is the straight story. The market here is moving, but it is moving carefully. Prices are up, but buyers still have some room to negotiate. And your city assessment? It might not be telling you the full picture.

The Vibe: Houses vs. Condos in Forest Heights

Houses - Steady Climbers in a Buyer-Friendly Market

We are seeing house prices tick upward. The average sale price for a house in Forest Heights right now sits at $414,250 - up 2.7% from last month. That is real momentum. But here is the nuance: homes are selling at about 97% of list price, meaning buyers are still shaving a little off the ask. If you are a seller, pricing sharp matters more than ever.

• Average sale price: $414,250 (up 2.7% month over month)
• Average listing price: $427,450
• Price per square foot: $435
• Average days on market: 36 days
• Properties sold this month: 6
• Sale-to-list ratio: 97.05%
• Predicted market value: $443,850
• Rental yield: 5.74%
• Estimated monthly rent: $2,272

Homes are sitting about 8 days longer than in nearby Marlborough, where the average is 28 days. That tells us Forest Heights is taking a small breather compared to its neighbours. It is not a red flag - it just means buyers here are being deliberate. On the neighbourhood leaderboard, Forest Heights ranks 97 out of 233 Calgary neighbourhoods for growth - solidly above average. For price, we rank 215 out of 220, which means we are one of the most affordable options in the city. That is actually a selling point, not a knock.

Condos - Fast Off the Shelf, But Watch the Numbers

The condo story in Forest Heights is a bit of a head-scratcher, and we want to be upfront about that. Only one condo sold this month - down 50% from last month - so we are working with a thin slice of data. What we can say is that the one that did sell moved in just 6 days. That is a top-4 fastest days-on-market ranking out of 71 Calgary neighbourhoods. When a condo hits the market here, it does not sit around.

• Average sale price: $250,000 (up 1.2% month over month)
• Average listing price: $255,000
• Price per square foot: $231
• Average days on market: 6 days
• Properties sold this month: 1
• Sale-to-list ratio: 98.04%
• Predicted market value: $1,070,660
• Estimated monthly rent: $3,747
• Rental yield: 3.52%

On the leaderboard, condos here rank 145 out of 216 for growth - below average for Calgary. But the speed at which they sell suggests demand is real when supply shows up. For investors eyeing Airbnb, the condo Airbnb rank is 27 in all of Calgary - that is a top-tier short-term rental position.

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

Here is something most Forest Heights homeowners do not realize. The city assessed the average house here at $445,727. The HonestDoor Price for the same house is $443,151. Those numbers are close - but the city assessment is a snapshot frozen in time, usually reflecting what the market looked like months ago. The HonestDoor Price updates in real time, pulling in actual transaction data from your street and your neighbourhood as it happens.

For condos, the gap is even more striking. The average city assessment sits at $300,244. The HonestDoor Price is $1,007,438. That is a 235% difference. Now, with only 6 condo transactions recorded in 2026 and a thin sales sample, that number deserves context - but it signals that the assessed value and the real-world market value can be dramatically out of sync. If you are making any financial decision based on your assessment alone - whether that is refinancing, selling, or just knowing your net worth - you are working with old information.

The HonestDoor Price is the real-world check. Use it.

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

If you own a house in Forest Heights and you are thinking about listing this summer, the timing is not bad - but it is not a slam dunk either. Prices are rising, which is good. But buyers are negotiating, homes are taking about 36 days to move, and you are competing in one of Calgary's most affordable price bands. That means your marketing and your list price have to be dialled in from day one.

A few things worth knowing before you call your agent:

• Your home is likely worth more than your city assessment suggests - check your HonestDoor Price first
• Forest Heights houses are selling below list price on average, so overpricing will cost you time
• Nearby Forest Lawn is seeing higher average sale prices ($495,667 vs. your $414,250) - that gap is worth understanding
• With 66 total transactions in 2026 across 1,638 assessed properties, this is not a high-turnover neighbourhood - serious buyers are out there, but they are not rushing
• If you are not selling but renting, a 5.74% rental yield on houses is genuinely strong - that is real cash flow in today's market

Bottom line: Forest Heights is a solid, affordable neighbourhood with real upside for patient sellers and smart investors. The city's assessment is not your friend when it comes to knowing your true value. Pull your HonestDoor Price, compare it to what is selling on your street, and make your move with actual numbers - not last year's paperwork.

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.