If you own a home in Huntington Hills and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment and what your property is actually worth in today's market are telling two very different stories - and the gap could affect every decision you make this summer.
We're seeing two distinct markets playing out right now in our neighbourhood, and it's worth knowing which one you're in.
The house market is cooling off a bit. Sales are up - 13 homes sold last month, a 44.4% jump from the month before - but the average sale price of $512,154 is down 4.5% from last month. Homes are sitting on the market for an average of 44 days, and buyers are paying about 97.77% of list price. That means if you list at $500,000, expect offers closer to $488,000.
The predicted value of $560,045 is climbing above the 3-month moving average of $552,390, which tells us the floor is holding even if last month's sales dipped. We also rank 19th in Calgary for total transactions - that's real activity, not a ghost town. On the neighbourhood leaderboard, our house growth rate sits at 95 out of 233 Calgary neighbourhoods. That's solidly above average. And compared to nearby Beddington Heights, our average sale price of $512,154 is still running ahead of their $450,000.
Only one condo sold last month in Huntington Hills, so take the month-over-month numbers with a grain of salt. That said, the fundamentals here are genuinely interesting. The HonestDoor Price for condos is sitting at $466,706 - well above the city's assessed value of $331,066. That's a 41.97% gap. If you own a condo here and you're still looking at your tax assessment to gauge your wealth, you're underselling yourself.
On the neighbourhood leaderboard, condo growth ranks 40 out of 216 Calgary neighbourhoods. That puts us in the top performers category. Condos here are also selling faster than in nearby Thorncliffe and Beddington Heights, even if the volume is low right now. The predicted value of $466,706 is still running below nearby Thorncliffe at $558,077, so there's room to grow.
Here's the thing about city assessments - they're a snapshot from the past. The city assessed the average Huntington Hills house at $594,138. The HonestDoor Price for houses is $561,495. That's a 5.49% difference. For condos, the gap is even wider - the city says $331,066, HonestDoor says $470,020. Which number do you think a buyer is going to use when they're making an offer?
The HonestDoor Price updates in real time. It pulls from actual market activity - what homes are selling for right now, not what they were worth when the city last ran its numbers. With 3,652 house properties and 727 condo properties assessed this year in Huntington Hills, there's a solid data foundation behind these estimates. Think of it as your real-world check before you make any move.
If you're a house owner thinking about listing this summer, the market is active but buyers have a bit more leverage than they did. Homes are sitting for 44 days on average and selling just under list price. That doesn't mean it's a bad time to sell - 13 homes moved last month and we rank 19th in Calgary for transaction volume. It means you need to price sharp from day one. Overpricing and then chasing the market down is the move to avoid right now.
If you own a condo, the story is different. Values are climbing - up 2.72% recently - and the predicted value of $466,706 is well above what the city thinks your unit is worth. Condo inventory is thin, which works in a seller's favour. One sale set the price last month, and it sold at full list price.
Either way, the first step is the same. Check your HonestDoor Price before you call an agent, before you renovate, and before you assume your tax assessment tells the whole story. In Huntington Hills right now, it doesn't.
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.