Killarney Glengarry, Calgary - August 2026 Real Estate Report

Killarney Glengarry, Calgary: What's Actually Happening With Home Prices Right Now

If you live in Killarney Glengarry and you're wondering whether to sell, hold, or just keep an eye on things - here's the straight story, no fluff.

The Vibe: Houses vs. Condos

These two markets are telling very different stories right now, and it matters which one you're in.

Houses

If you've been watching the "For Sale" signs on the streets around here, you've probably noticed things have slowed down a bit. The average house sale price sits at $826,393 - that's down 13.4% from last month. Sales volume dropped too, with only 14 houses sold, down 39.1% from the previous month. The market is taking a breather.

That said, it's not all bad news. Homes that did sell went for 100.03% of list price - meaning sellers still got every dollar they asked for, and then some. And at an average of 34 days on market, our houses are moving faster than nearby Richmond, where homes sit for 46 days. Demand is still real here, it's just more selective.

• Average sale price: $826,393
• Average list price this month: $827,107
• Price per square foot: $641
• Sold-to-list ratio: 100.03% - buyers paid above asking
• Days on market: 34 (faster than Richmond at 46 days)
• Properties sold this month: 14
• Rental yield: 5.01% - that's strong
• Estimated monthly rent: $3,689
• Neighbourhood leaderboard - price rank: 75 out of 220 in Calgary (above average)
• Neighbourhood leaderboard - growth rank: 175 out of 236 (below average, worth watching)

Condos

The condo side of Killarney Glengarry is a different animal. The average sale price jumped to $350,750 - up 15.8% from last month. Only 2 units sold, so take that swing with a grain of salt, but the direction is interesting. Buyers are paying 98.76% of list price, which means there's a bit of room to negotiate if you're shopping.

The bigger story here is the HonestDoor Price for condos: $506,212. That's 13.72% higher than the city's average assessed value of $445,121. If you own a condo in this neighbourhood and you're relying on your tax assessment to know what it's worth, you're likely leaving money on the table.

• Average sale price: $350,750 (up 15.8% from last month)
• Average list price this month: $354,450
• Price per square foot: $359
• Sold-to-list ratio: 98.76% - slight room to negotiate
• Days on market: 38 (still faster than Richmond at 46 days)
• Properties sold this month: 2
• Rental yield: 3.88% - moderate but steady
• Estimated monthly rent: $2,383
• Neighbourhood leaderboard - growth rank: 101 out of 216 (above average)
• Neighbourhood leaderboard - price rank: 93 out of 175 (below average)

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

Here's the thing about city assessments - they're a snapshot from months ago, built on formulas that don't know your renovated kitchen or the new park down the street. They're static. The market isn't.

For houses in Killarney Glengarry, the HonestDoor Price is $839,310. The city's average assessed value is $849,177. That's a gap of about $10,000 - and it's moving. The HonestDoor Price updates in real time, pulling in actual transaction data from the 162 property sales that happened here in 2026 across 2,327 assessed properties.

For condos, the gap is even more striking. The city assessment averages $445,121. The HonestDoor Price says $506,212. That's a $61,000 difference. If you're a condo owner pricing your unit based on your assessment notice, you could be seriously undervaluing what you own.

Think of the HonestDoor Price as your real-world check - the number that reflects what a buyer would actually pay today, not what a government formula calculated last year.

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

For house sellers, timing is the conversation right now. Prices dipped and sales slowed this past month, but homes are still selling at or above list price when they do move. If your house is priced right and shows well, you're not in a bad spot. The 34-day average means you won't be waiting forever. Just don't overprice and expect a bidding war - that window has tightened.

For condo sellers, the HonestDoor Price is your friend. At $506,212 predicted market value versus a $445,121 city assessment, there's a real argument for listing higher than your assessment might suggest. The condo growth rank of 101 out of 216 puts this neighbourhood in above-average territory for Calgary condos - that's a decent story to tell a buyer.

One more thing worth knowing - Killarney Glengarry ranks 16th in Calgary for total transaction volume. That means this is an active, liquid market. Buyers know this neighbourhood. That works in your favour.

Bottom line: check your HonestDoor Price before you set a list price. The city's assessment is a starting point, not a finish line.

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.