If you've been watching the "For Sale" signs in Highland Park lately, here's what's actually happening. The condo market here is taking a breather. The average HonestDoor Price for a condo sits at $1,269,477 - but that number has slipped 5.35% from the previous period. That's not a crash, but it's not nothing either. We're in a market that's asking sellers to be realistic and buyers to pay attention.
On the predicted value side, condos are clocking in at $1,341,286 right now. The catch? That number is trending down from a 3-month moving average of $1,394,876. So the direction of travel is clear - values are easing off their recent highs. If you're a condo owner in Highland Park, the window you had six months ago has narrowed.
Here's something worth knowing if you're thinking about holding instead of selling. The average rental estimate for a Highland Park condo is $4,921 per month, with the predicted rent coming in at $5,110. That gives us a rental yield of 2.38% - which is moderate. It won't make you rich on cash flow alone, but it keeps the lights on while you wait for the market to find its footing.
On the short-term rental side, Highland Park ranks 3rd in all of Airdrie for Airbnb potential. That's a genuinely strong position. The Airbnb estimate runs about $245 per night, though the monthly income projection lands around $254 - so this is more of a supplemental play than a full income strategy.
Here's the thing about your city assessment - it's a snapshot from months ago, built on sales data that's already old news. In a market that has moved down 5.35% in a single period, that government number is almost certainly out of date. It doesn't know what happened last month. The HonestDoor Price does.
The HonestDoor Price is updated in real time using actual market activity. It's the real-world check against a static number that your city produces once a year. For Highland Park condo owners, the gap between your assessment and your HonestDoor Price could be significant - and knowing that gap is the difference between pricing your home right and sitting on the market for 60 days wondering why nobody is calling.
Check your HonestDoor Price before you do anything else. It takes two minutes and it tells you where you actually stand today - not where you stood last January.
Let's be straight about where Highland Park sits competitively. On the Airdrie growth leaderboard, Highland Park condos rank 34 out of 40 neighborhoods. That puts us in the bottom tier for growth right now. That's not a reason to panic, but it is a reason to pay attention.
Compare that to nearby neighborhoods and the picture gets clearer. Gateway, Jensen, and East Lake Industrial all come in significantly cheaper on HonestDoor Price - Gateway at $468,689, Jensen at $251,312, and East Lake Industrial at $257,345. Highland Park is still a premium address by comparison. The question is whether that premium holds as the market cools.
If you're a Highland Park condo owner thinking about listing this summer, here's the honest answer. The market is softer than it was. Values are down from their recent peak and the growth rank tells us this neighborhood isn't leading the charge right now. Waiting for things to bounce back is a gamble - and nobody knows when that happens.
What we do know is this. Highland Park still commands a serious price premium over every nearby neighborhood. Your rental income potential is real. And your Airbnb ranking is top-three in the city. Those are genuine selling points that a good agent can work with.
The move right now is to pull your HonestDoor Price, compare it to what your neighbors are listing at, and have an honest conversation about timing. Selling into a softening market is not ideal - but selling six months from now into a market that has dropped another 3% is worse. Get the data first. Then decide.
highland park | airdrie | september 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.