Harvest Hills, Calgary - July 2026 Real Estate Report

Harvest Hills Real Talk: Your Home Is Probably Worth Less Than the City Thinks

If you have been watching the "For Sale" signs around Harvest Hills lately, here is what is actually happening. The city assessed your home at one number. The real world is pricing it at another. And right now, those two numbers are not telling the same story.

The Vibe: What Is Happening With Houses and Condos Right Now

Let us break it down by property type, because houses and condos are on very different paths in our neighbourhood.

Houses - Taking a Breather

The house market in Harvest Hills is cooling off. Here is the snapshot:

• Average sale price this month: $551,312 - down 24.1% from last month
• Current listings are averaging $565,700
• Price per square foot: $446
• Homes are selling for 97.84% of list price - buyers are negotiating
• Average days on market: 30 days
• Only 8 properties sold this month
• Growth rank: 122 out of 233 Calgary neighbourhoods - below average on the leaderboard

That 24.1% month-over-month drop in sale price is a number worth paying attention to. It does not mean your home lost a quarter of its value overnight - monthly swings with low sales volume can be dramatic. But the direction is clear. Buyers have options right now, and they know it. Thirty days on market is not a crisis, but it is not a frenzy either. We are in a market where pricing right on day one matters more than it did a year ago.

The good news for anyone thinking about the long game: the predicted market value for houses sits at $619,263, which is actually ticking up against the 3-month moving average of $613,461. Rental yield is strong at 5.41%, with estimated rent around $2,994 per month. If you are holding, the fundamentals are not bad.

Condos - Slow to Sell, But Prices Nudged Up

The condo picture is a mixed bag. Prices moved up 7.4% from last month, which sounds great - but only one condo sold. One sale does not make a trend. Here is the full picture:

• Average sale price: $260,000 - up 7.4% from last month
• Current listings averaging $280,000
• Price per square foot: $267
• Properties sold for 92.86% of list price - buyers are getting real discounts
• Average days on market: 115 days
• Days-on-market rank: 65 out of 71 Calgary neighbourhoods - near the bottom of the leaderboard
• Growth rank: 150 out of 216 Calgary neighbourhoods - below average

115 days on market is a long time. For context, nearby Country Hills Village is moving condos in 74 days. If you own a condo in Harvest Hills and it is sitting, the market is telling you something about price. The predicted value of $359,967 is actually slipping - it is down against the 3-month moving average of $362,229, and the recent value change is -1.44%. Rental yield comes in at 4.10%, which is moderate but not a standout reason to hold if you were planning to sell.

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

Here is the thing about your city assessment. It is a snapshot from months ago, built on formulas that do not know your renovated kitchen or the fact that the house down the street just sat for 30 days before selling below ask.

The HonestDoor Price updates in real time. And right now, it is telling a different story than what the city has on file.

• Average city assessment for houses: $630,929
• Average HonestDoor Price for houses: $610,769 - that is 3.20% lower than the assessed value
• The HonestDoor Price for houses has also dipped 1.37% from the previous period
• Average city assessment for condos: $401,267
• Average HonestDoor Price for condos: $354,304 - that is 11.70% lower than the assessed value
• The HonestDoor Price for condos has dropped 1.57% from the previous period

For condo owners, that gap is significant. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - using the city's $401,267 figure instead of the real-world $354,304 is a $47,000 mistake. The HonestDoor Price is the real-world check. Use it.

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

If you are a house owner eyeing a summer sale, here is the honest take. You are not in a terrible spot, but you are not in a seller's market either. Buyers are paying below list price. Homes are sitting for a month on average. Price it sharp from day one - do not test the market with a high number and plan to drop it. That strategy costs you time and signals weakness to buyers.

Your neighbourhood is ranked 57th in Calgary for total transaction volume, which means there is real activity here. Harvest Hills is not a ghost town. But with growth ranking 122 out of 233 on the Calgary leaderboard, we are not the hottest address in the city right now either.

If you own a condo and were thinking "maybe this summer," the data is nudging you to think carefully. 115 days on market, a declining predicted value, and buyers consistently paying below list price means you need to be realistic about your number going in. Pricing at or near the HonestDoor Price of $354,304 - not the assessed $401,267 - is where serious conversations with buyers will start.

Bottom line: Harvest Hills is a solid, established neighbourhood with real rental demand and decent fundamentals. But the market right now rewards sellers who price honestly and move decisively. Check your HonestDoor Price, know what the real market is saying, and make your move with clear eyes.

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.