Harvest Hills, Calgary - August 2026 Real Estate Report

Harvest Hills, Calgary: The Market Is Sending You a Signal - Are You Reading It?

If you live in Harvest Hills and you haven't checked your HonestDoor Price lately, now is the time. Things are shifting, and the numbers on your tax assessment are not telling you the full story.

The Vibe: What's Actually Happening on Our Streets

Let's be straight with each other. Harvest Hills is taking a breather. Both houses and condos are seeing values drift lower, and the city's assessment numbers are starting to look more like wishful thinking than reality. Here's the breakdown.

Houses: Cooling Off, But Still Standing

If you've been watching the "For Sale" signs in Harvest Hills, here's what's actually happening with houses right now.

• Average sale price this month: $500,967 - down 9.1% from last month
• Average listing price: $511,300
• Price per square foot: $405
• Homes are selling at 97.73% of list price - buyers are negotiating, and winning
• Only 3 homes sold this month
• Average days on market: 41 days
• HonestDoor predicted value: $610,720
• 3-month moving average: $614,336 - values are sliding
• Estimated monthly rent: $2,962 with a rental yield of 5.43%
• Recent value change: -1.37%
• Growth rank: 175 out of 236 Calgary neighbourhoods

Three sales in a month tells us the market is quiet. Buyers have options and they know it. At 41 days sitting on the market before selling, we are not in a bidding-war situation. That said, a 5.43% rental yield is genuinely strong - if you are holding a house here as an investment, the rental math still works in your favour.

Condos: Affordable, But Moving Slowly

The condo side of Harvest Hills is a different story. One sale last month. That's it. Here's the full picture.

• Average sale price this month: $198,000 - down 23.8% from last month
• Average listing price: $200,000
• Price per square foot: $235
• Properties sold at 99.00% of list price - almost no negotiation room
• 1 property sold this month
• Average days on market: 47 days
• HonestDoor predicted value: $354,158
• 3-month moving average: $359,701 - trending down
• Estimated monthly rent: $1,837 with a rental yield of 4.11%
• Recent value change: -1.58%
• Growth rank: 125 out of 216 Calgary neighbourhoods
• Price rank: 162 out of 175 - among the most affordable condos in Calgary

One sale is not enough data to panic over, but the trend is clear. Condo values are drifting lower and days on market are creeping up. The 4.11% rental yield is moderate - not bad, but not a slam dunk either. On the neighbourhood leaderboard, our condos rank 125 out of 216 for growth. We are in the bottom half, and that is worth knowing.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here is the thing about your city assessment. It is a snapshot taken months ago, based on data that is even older. It does not know what happened to the market last month. Your HonestDoor Price does.

Right now, the gap between what the city thinks your home is worth and what the market will actually pay is significant.

• Houses: City assessed at $630,880 on average. HonestDoor Price says $605,771. That is a $25,109 gap - and the HonestDoor Price is 3.98% lower than the assessed value.
• Condos: City assessed at $401,089 on average. HonestDoor Price says $352,276. That is a $48,813 gap - and the HonestDoor Price is 12.17% lower than the assessed value.

If you are a condo owner, that 12.17% gap is a real-world check you need to see before you make any decisions. The HonestDoor Price updates in real time. Your tax assessment does not. One of these numbers reflects today's market. The other reflects yesterday's optimism.

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

Here is the honest advice a good friend would give you over the back fence.

If you own a house in Harvest Hills and you are thinking about selling this summer, the window is not closed - but it is narrowing. Values are down 1.37% recently, homes are sitting for 41 days, and buyers are getting deals below list price. You are not in a desperate situation, but you are also not holding all the cards. Price it right from day one. Overpricing right now will cost you time and money.

If you own a condo, the conversation is harder. A 23.8% month-over-month drop in sale price is a big number, even accounting for low volume. At 47 days on market and a growth rank of 125 out of 216, the condo market here is slow. If selling is not urgent, it may be worth waiting to see if summer brings more buyers into the pool. If you need to sell, be aggressive on price and make the listing stand out.

For both property types, check your HonestDoor Price before you do anything else. It is the real-world number - not the one the city mailed you last spring.

• Harvest Hills houses: 2,468 properties assessed, 86 total transactions in 2026
• Harvest Hills condos: 612 properties assessed, 19 total transactions in 2026
• Neighbourhood growth: 0.02% year over year - steady, but not setting any records
• On the Calgary neighbourhood leaderboard, Harvest Hills ranks 55 out of all neighbourhoods for total transaction volume - we are an active community even when the market slows

Bottom line - Harvest Hills is a solid neighbourhood with real rental income potential and a strong community base. But right now, the market is telling sellers to be realistic and telling buyers to negotiate hard. Know your actual numbers before you make a 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.