Hillhurst, Calgary - October 2026 Real Estate Report
Hillhurst Real Talk: Strong Prices, But the Market Is Catching Its Breath
If you own a home in Hillhurst and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment is already in the rearview mirror - and the real-world numbers are telling a more nuanced story heading into summer 2026.
The Vibe: Houses vs. Condos in Hillhurst Right Now
We're sitting in one of Calgary's pricier pockets - houses here rank 38th out of 221 neighbourhoods on price. That's a strong position. But the market is taking a breather, and it's worth knowing exactly where we stand.
Houses
The average sale price for a house in Hillhurst came in at $972,933 this month - down 8.9% from last month. Only 3 homes sold, which is half the volume of the previous period. When sales volume drops 50% and prices fall together, that's the market telling us something. Buyers have a little more room to negotiate right now, with homes selling at 99.86% of list price on average.
The good news? When houses do hit the market here, they move fast. Our days-on-market rank is 12th out of 82 neighbourhoods in Calgary. That means if a home is priced right, it's not sitting around collecting dust.
- Average sale price: $972,933 (down 8.9% from last month)
- Average list price: $699,900
- Price per square foot: $549
- Average days on market: 15
- Properties sold this month: 3
- Sale-to-list ratio: 99.86%
- Predicted market value: $1,052,888
- Estimated monthly rent: $4,294
- Rental yield: 4.71%
- Growth rank: 156 out of 221 neighbourhoods in Calgary
Condos
The condo picture is a bit of a mixed bag for us. The average sale price jumped 6.3% to $330,000 this month - that sounds great on the surface. But only 1 condo sold, and it closed at 91.67% of list price. One sale doesn't make a trend. What we can say is that condos here are sitting on the market for 42 days on average, though that's still faster than nearby Downtown West End at 54 days.
On the price leaderboard, Hillhurst condos rank 24th out of 175 Calgary neighbourhoods. We're in expensive territory. The HonestDoor Price for condos has dipped 1.92% recently, which is worth watching if you're thinking about listing.
- Average sale price: $330,000 (up 6.3% from last month)
- Average list price: $360,000
- Price per square foot: $572
- Average days on market: 42
- Properties sold this month: 1
- Sale-to-list ratio: 91.67%
- Predicted market value: $585,882
- Estimated monthly rent: $2,625
- Rental yield: 3.74%
- Growth rank: 140 out of 207 neighbourhoods in Calgary
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here's the thing about your city assessment - 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, pulling in actual transaction data as the market shifts.
For houses in Hillhurst, the average assessed value sits at $1,050,789. The HonestDoor Price is $1,054,342 - sitting 0.34% above that assessment. That gap might sound small, but on a million-dollar property, every fraction of a percent is real money in your pocket or out of it.
For condos, the story flips. The average assessed value is $587,080, but the HonestDoor Price has come in at $574,630 - that's 2.12% below the city's number. If you're a condo owner banking on that assessment to set your list price, you could be walking into a negotiation already behind. Check your HonestDoor Price first.
The 'So What?': Thinking About Selling This Summer?
If you own a house in Hillhurst and you're eyeing a summer sale, here's the honest read. You're in a high-value neighbourhood - top 20% in Calgary on price. Homes move fast when priced correctly, and the 15-day average days-on-market backs that up. But the recent price dip and low sales volume mean you can't just throw a number on the sign and wait. Pricing sharp matters right now.
Compared to neighbours like Rosedale (HonestDoor Price $1,537,993) and Hounsfield Heights Briar Hill ($1,097,690 for houses), Hillhurst is the more accessible entry point into this corridor. That's actually a selling point - buyers priced out of Rosedale look here next.
For condo owners, be realistic. The HonestDoor Price is trending down, the 3-month moving average is softening, and the growth rank of 140 out of 207 puts us in below-average territory for appreciation right now. That doesn't mean don't sell - it means price it to move and don't chase a number the market isn't supporting.
Bottom line: Hillhurst is still one of Calgary's stronger addresses. But summer 2026 rewards sellers who know their real numbers - not the ones waiting on a government letter that's already out of date.
hillhurst | calgary | october 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.