If you have been watching the "For Sale" signs pop up around Garrison Green this season, here is the straight story on what is actually happening to property values - and why your city assessment is probably not telling you the full picture.
We are in a market that is taking a breather. The average house sale price sits at $832,000, and listings are averaging $799,900. Buyers are paying about 98.76% of list price, which means they are getting a small discount at the table. Only 3 houses sold recently, and the 29.8% month-over-month price drop is a number worth watching - though with low transaction volume, one or two sales can swing that figure hard.
The good news for us? Houses are moving fast. Days-on-market ranks 5th out of 82 comparable neighbourhoods in Calgary. That is top-tier speed. When a well-priced home hits the market here, it does not sit around.
The condo side is holding steady. Four units sold, the market is stable, and properties are moving in an average of 10 days - ranking 8th out of 81 comparable neighbourhoods for speed. That is seriously fast. The average sale price came in at $387,475, and price per square foot is around $408.
One thing to flag: the average listing price of $290,767 is well below the average sale price of $387,475. That gap likely reflects a mix of unit types hitting the market this period. Buyers are still paying 98.29% of list, so sellers are not giving much away.
Here is the thing about your city assessment - it is a snapshot from months ago, calculated on a fixed date, using broad strokes. It does not know what sold on your street last week. The HonestDoor Price does.
Right now, the average HonestDoor Price for a house in Garrison Green is $857,159. The average city assessment for those same homes is $888,661. That is a gap of 3.54%. For a house, that difference is real money - and if you are making any financial decision based on your assessment alone, you are working with a number that is already out of date.
For condos, the gap is even wider. The average HonestDoor Price is $332,374 versus an assessed value of $353,671 - a 6.02% difference. The HonestDoor Price has also dipped 1.28% recently, which the city assessment will not reflect until next year.
Think of the HonestDoor Price as the real-world check. It updates continuously based on actual market activity. Your assessment is a once-a-year estimate that can lag reality by a significant margin - in either direction.
If you are a homeowner in Garrison Green eyeing a summer sale, here is the honest read.
For houses, the fundamentals are solid. Garrison Green ranks 51st out of 221 Calgary neighbourhoods for growth - that puts us in the top quarter of the city leaderboard. Homes sell in 8 days on average. That is not a slow market. The month-over-month price dip is worth watching, but with only 3 transactions driving that number, it is too early to call it a trend.
For condos, the story is similar. We rank 44th out of 207 for growth and 8th out of 81 for speed. Condos are moving. The rental yield of 4.10% and estimated rent of $1,802 per month also make these attractive to investor buyers, which keeps demand healthy.
The one thing to keep in mind: your neighbours in Lakeview and North Glenmore Park are sitting on significantly higher prices - Lakeview houses are averaging an HonestDoor Price of $1,202,113 and North Glenmore Park is at $1,126,657. Both are growing faster than Garrison Green. That context matters if you are pricing your home and wondering where the ceiling is.
Bottom line - if you are selling this summer, price sharp, move fast, and check your HonestDoor Price before you call your agent. The assessment on your last tax notice is not the number that wins you a deal in today's market.
garrison green | calgary | october 2026This 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.