Hillhurst, Calgary - July 2026 Real Estate Report

Hillhurst Real Talk: Your Home Is Worth More Than the City Thinks

If you own a place in Hillhurst and you haven't checked your numbers lately, here's the short version - the city's assessment is already behind. The real-world picture is a little more interesting, and it depends a lot on whether you're in a house or a condo.

The Vibe: Houses vs. Condos in Hillhurst Right Now

Houses - Taking a Breather

If you've been watching the "For Sale" signs on our streets, here's what's actually happening. The average sale price for houses this month is $973,211, and that's down 31.7% from last month. That's a big swing, and it's worth paying attention to. With only 9 sales this month and homes sitting on the market for an average of 25 days, buyers are being selective. They're also negotiating - properties are closing at 97.33% of list price, meaning sellers are giving a little ground to get deals done.

That said, the predicted market value for a Hillhurst house sits at $1,061,459, which is actually climbing above the 3-month moving average of $1,044,464. So the underlying value is holding. The short-term sales data is noisy. The trend line is steadier.

• Average sale price this month: $973,211
• Average list price this month: $1,149,920
• Price per square foot: $624
• Sale-to-list ratio: 97.33% - buyers are paying below ask
• Average days on market: 25
• Properties sold this month: 9
• Predicted market value: $1,061,459
• Estimated monthly rent: $4,331
• Rental yield: 4.68%
• Recent value change: up 1.78%
• Growth rank: 73 out of 233 Calgary neighbourhoods - above average
• Price rank: 37 out of 220 - among the most expensive in Calgary

Condos - A Different Story

We are seeing something genuinely different on the condo side. Buyers are competing. The average sale price is $713,000 against an average list price of $697,633, which means condos are selling for 100.64% of list. That's a sellers' market, full stop. Only 3 sales this month, so the sample is small, but the direction is clear - condo buyers in Hillhurst are not waiting around to negotiate.

The predicted market value of $583,109 is actually dipping slightly below the 3-month moving average of $590,686, and recent value change is down 1.78%. So while the sales action looks hot right now, the longer trend for condos is worth watching. Growth ranks 163 out of 216 comparable neighbourhoods - that puts us in below-average territory for condo appreciation in Calgary.

• Average sale price this month: $713,000
• Average list price this month: $697,633
• Price per square foot: $653
• Sale-to-list ratio: 100.64% - buyers are paying over ask
• Average days on market: 32
• Properties sold this month: 3
• Predicted market value: $583,109
• Estimated monthly rent: $2,620
• Rental yield: 3.75%
• Recent value change: down 1.78%
• Growth rank: 163 out of 216 Calgary neighbourhoods - below average
• Price rank: 38 out of 173 - above average in price in Calgary

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

Here's the thing about the city's assessed value - it's a snapshot from months ago. It doesn't know what happened on your street last week. The HonestDoor Price updates in real time, and right now it's telling a different story than the city's numbers.

For houses, the city assessed the average Hillhurst home at $1,051,157. The HonestDoor Price says $1,057,303. That's 0.58% higher than the city thinks - and it's a live number, not a frozen one. For condos, the city's average assessment is $587,149. HonestDoor puts it at $593,304, up 1.75% from the previous period and 1.05% above the city's average assessed value. That gap is your real-world check. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to use, not the one on your tax notice.

Hillhurst also ranks 31st in Calgary for average assessed value on houses. That's a top-tier position. We're not a cheap neighbourhood, and the data backs that up.

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

For house sellers, the honest answer is this - the market is taking a breather. Buyers have options and they know it. Pricing sharp matters more right now than it did a year ago. The good news is that Hillhurst's fundamentals are strong. A price rank of 37 out of 220 Calgary neighbourhoods means we're still one of the most desirable addresses in the city. Homes that are priced right are still moving in 25 days. Homes that aren't are sitting.

For condo sellers, this summer actually looks pretty good. Buyers are paying over list price. If your unit is in solid shape and priced near market, you have real leverage right now. That window may not stay open forever given the declining predicted value trend, so timing matters.

Either way, the first step is knowing your actual number. Not the city's number from last year - your HonestDoor Price today. That's the starting point for any smart conversation with a buyer, a bank, or a realtor.

• House HonestDoor Price: $1,057,303 - down 0.31% from last period
• Condo HonestDoor Price: $593,304 - up 1.75% from last period
• House transactions in 2026: 56
• Condo transactions in 2026: 39
• House rental estimate: $4,325 per month
• Condo rental estimate: $2,651 per month
• House Airbnb estimate: $215 per night
• Condo Airbnb estimate: $132 per night

Hillhurst is not a neighbourhood that needs hype. The numbers speak for themselves. Check your HonestDoor Price, know where you actually stand, and make your move with real information.

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.