Hillcrest, Airdrie - August 2026 Real Estate Report

Hillcrest, Airdrie: Your Neighbour Just Got a Better Price Than You Think

If you own a home in Hillcrest and you're still going off your city assessment, you're probably leaving money on the table - or overpricing yourself right out of a sale. Here's what's actually happening on our streets right now.

The Vibe: Houses vs. Condos - Two Very Different Stories

We're seeing a split market in Hillcrest right now, and which side you're on matters a lot for what you do next.

Houses: Taking a Breather

The house market is cooling off. The average sale price sits at $587,500, down 4.4% from last month. Homes are sitting on the market for an average of 49 days, and the days-on-market rank is 24 out of 31 neighbourhoods in Airdrie - that means we're on the slower end of the city right now. Buyers are also negotiating, with homes selling at 98.74% of list price. That gap between what sellers ask and what buyers pay is small, but it's real.

• Average sale price: $587,500
• Average list price this month: $595,000
• Price per square foot: $377
• Average days on market: 49
• Sale-to-list ratio: 98.74% - buyers are paying below ask
• 3-month moving average (predicted value): $623,943 - and it's trending down
• Recent value change: -1.33%
• Rental yield: 5.41% - strong if you're thinking about holding
• Growth rank: 21 out of 48 neighbourhoods - above average in Airdrie

The silver lining? Even with the short-term dip, our growth rank of 21 out of 48 puts Hillcrest houses in the top half of Airdrie. And compared to South Windsong, where houses sold at $475,000, we're still commanding a premium. The fundamentals here are solid - this is a pause, not a collapse.

Condos: The Hot Ticket Right Now

If you own a condo in Hillcrest, pay attention - because this side of the market is on fire. One condo sold in 12 days, at 101.06% of list price. Buyers are paying over ask. Compare that to South Windsong condos sitting for 18 days, and it's clear: Hillcrest condo buyers are motivated.

• Average sale price: $444,000
• Average list price this month: $499,900
• Price per square foot: $302
• Average days on market: 12 - very fast
• Sale-to-list ratio: 101.06% - buyers are paying above ask
• Predicted market value: $485,960 - and it's climbing above the 3-month average of $465,281
• Recent value change: +5.01%
• Rental yield: 3.87% - moderate but steady
• Growth rank: 4 out of 40 neighbourhoods - top performers in Airdrie
• Days-on-market rank: 2 out of 19 - near the fastest in the city
• Price rank: 3 out of 26 - among the most expensive condos in Airdrie

A growth rank of 4 out of 40 is not a small deal. That puts Hillcrest condos on the neighbourhood leaderboard right near the top of Airdrie. And with a predicted value of $485,960 - higher than both South Point ($422,676) and South Windsong ($456,993) - we're outpacing our neighbours on price too.

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on old data and broad assumptions. It doesn't know that Hillcrest condo values just jumped 5.01%. It doesn't know that house buyers are still paying close to list price. It's a rearview mirror when you need a windshield.

The HonestDoor Price is updated in real time using actual market activity. Right now, the average HonestDoor Price for a Hillcrest house is $637,691 - up 3.47% from the previous period. For condos, it's $479,743. These numbers reflect what buyers are actually doing today, not what the city calculated last year.

If you're a house owner, your HonestDoor Price is likely running ahead of your assessment. If you're a condo owner, the gap could be even bigger given that 5.01% recent growth. Either way, checking your HonestDoor Price right now is the real-world check that tells you where you actually stand - not where the city thinks you stood six months ago.

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

For house sellers, the honest advice is this: price it right from day one. With 49 days on market and buyers negotiating below list, overpricing will cost you time and momentum. The good news is that at $637,691 on the HonestDoor Price and a growth rank in the top half of Airdrie, you have a real story to tell buyers. Hillcrest is still a step up from South Point, South Windsong, and Windsong on price - use that.

For condo sellers, summer could be your moment. Buyers are moving fast - 12 days on market - and paying over list price. A growth rank of 4 out of 40 in Airdrie is a genuine selling point. If you've been sitting on the fence, the condo market is telling you to get off it.

For everyone else - whether you're staying put or just curious - pull your HonestDoor Price before you do anything. With 48 house transactions already in 2026 and Hillcrest ranking 8th in Airdrie for total transaction volume, this neighbourhood is active. Know your number before someone else does.

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.