Hillhurst, Calgary - September 2026 Real Estate Report

Hillhurst Real Talk: Your Home Is Worth More Than the City Thinks - Here's the Proof

If you live in Hillhurst and you're still relying on your city assessment to know what your place is worth, you're flying blind. The numbers have moved. Here's what's actually happening on your street right now.

The Vibe: Houses vs. Condos in Hillhurst

Houses - Fast Sales, But Prices Are Taking a Breather

If you've been watching the "For Sale" signs in Hillhurst, here's what's actually happening with houses. We're sitting in a market where homes are selling in an average of 7 days - that's a days-on-market rank of 6 out of 82 neighbourhoods in Calgary. That is fast. Buyers are not sleeping on Hillhurst houses.

That said, prices have cooled off. The average sale price for a house this month is $1,068,417, and the predicted market value sits at $1,055,642 - slightly below the 3-month moving average of $1,058,419. Sellers are getting 99.94% of their list price, which means buyers are negotiating, but barely. The market is softening, not collapsing.

• Average house sale price: $1,068,417
• Average list price this month: $1,149,950
• Price per square foot: $615
• Average days on market: 7
• Properties sold this month: 6
• Sale-to-list ratio: 99.94%
• Predicted market value: $1,055,642
• Estimated monthly rent: $4,301
• Rental yield: 4.70%
• Growth rank: 104 out of 238 Calgary neighbourhoods - above average on the leaderboard
• Price rank: 32 out of 220 - among the most expensive in Calgary

For context, us Hillhurst house owners are sitting above nearby Hounsfield Heights Briar Hill on predicted value ($1,055,642 vs. $1,072,001 - close race), and well ahead of what most of Calgary can claim at a price rank of 32. Rosedale and Downtown West End are pricier, but we're not far behind.

Condos - Quietly Climbing While the City Isn't Looking

Here's the condo story that doesn't get enough attention. While the HonestDoor Price for Hillhurst condos dipped 2.06% recently, the predicted market value is actually heading in the right direction - up to $598,198 from a 3-month moving average of $591,537. That's a 0.82% recent change, ranking 67 out of 216 comparable neighbourhoods. Above average. On the leaderboard, we're climbing.

Condos are selling in 28 days on average. That sounds slower than houses, but compare us to Downtown West End (34 days) and Hounsfield Heights Briar Hill (32 days) - Hillhurst condos are moving faster than both. Buyers are choosing us over the neighbours.

• Average condo sale price: $310,417
• Average list price this month: $317,500
• Price per square foot: $415
• Average days on market: 28
• Properties sold this month: 6
• Sale-to-list ratio: 96.16%
• Predicted market value: $598,198
• Estimated monthly rent: $2,671
• Rental yield: 3.72%
• Growth rank: 67 out of 216 Calgary neighbourhoods - above average on the leaderboard
• Price rank: 11 out of 175 - among the most expensive in Calgary

A condo price rank of 11 out of 175 is not a small deal. That puts Hillhurst condos in the top tier of Calgary. If you own one, you're holding a premium asset.

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

Your city assessment is a snapshot from the past. It's calculated once a year using data that's already months old by the time it lands in your mailbox. The market doesn't wait for paperwork.

The HonestDoor Price updates in real time. For Hillhurst houses, the average HonestDoor Price is $1,052,418 - that's 0.12% higher than the city's average assessed value of $1,051,157. Small gap, but it's current. For condos, the HonestDoor Price is $585,886 against an assessed value of $587,149. The city is actually running slightly high on condos right now.

Why does this matter to your wallet? If you're appealing your tax assessment, refinancing, or just trying to figure out your net worth, using a stale government number can cost you. The HonestDoor Price is the real-world check - built on live transaction data, not a once-a-year calculation. With 60 house transactions and 48 condo transactions already recorded in 2026, there's fresh data to work with. Use it.

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

Here's the straight answer for anyone thinking about listing in Hillhurst this summer.

For house sellers - the window is still open, but price it right. Homes are moving in 7 days when priced correctly, but the average sale price is down from last month and buyers are paying just under list. Don't overprice expecting a bidding war. The buyers are there, but they're sharp. A house priced around the $1,055,000 to $1,070,000 range based on current data has a real shot at a quick, clean sale.

For condo sellers - you have more time, but don't wait forever. The predicted value is ticking up and your price rank of 11 out of 175 gives you a strong story to tell buyers. At 28 days on market, you're not in panic territory, but the sale-to-list ratio of 96.16% means buyers are negotiating. Go in with a realistic number and you'll close faster than most of your neighbours.

Either way, check your HonestDoor Price before you call an agent. It's the most current read on what your place is actually worth - not what the city decided it was worth six months ago. In a market moving this fast, that difference is real money.

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.