Killarney Glengarry, Calgary - October 2026 Real Estate Report
Killarney Glengarry Real Estate Check-In: Solid Ground, But Watch the Signals
If you live in Killarney Glengarry and you haven't looked at your home's actual market value lately, now is the time. The city's assessment number is already out of date - and the gap between what the government thinks your place is worth and what a buyer would actually pay is wider than most people realize.
The Vibe: What's Happening on Our Streets Right Now
Let's break it down by property type, because houses and condos are telling two very different stories in our neighbourhood right now.
Houses - Taking a Breather, But Still Holding Value
If you've been watching the "For Sale" signs in Killarney Glengarry, here's what's actually happening with houses. The average sale price sits at $869,067, but that's down 3.2% from last month. Fifteen homes sold this past period - down 11.8% - and they're sitting on the market for an average of 32 days. Buyers are paying about 98.57% of list price, which means they're negotiating, and winning small.
- Average sale price: $869,067
- Average list price this month: $864,133
- Price per square foot: $510
- Homes sold: 15 (down 11.8% from last month)
- Average days on market: 32
- Sale-to-list ratio: 98.57%
The predicted market value for houses is $842,745 - and that number is actually creeping up past the 3-month moving average of $839,715. So while the short-term sales data shows some softness, the underlying value trend is pointing upward. That's worth paying attention to.
On the leaderboard, our house prices rank 81st out of 221 Calgary neighbourhoods - above average. Days on market rank 28th out of 82, meaning our homes sell faster than most. Growth rate sits at 110th out of 221, which puts us squarely in above-average territory. We're not leading the pack, but we're not falling behind either.
Rental potential is real here too. Estimated rent for a house comes in at $3,694 per month, with a rental yield of 5.01%. That's a strong number for anyone thinking about holding rather than selling.
Condos - A Trickier Picture
We'll be straight with you: the condo side of Killarney Glengarry is more complicated right now. Only 4 condos sold this past period, and the average sale price dropped to $230,250 - down 38.1% from last month. That's a big swing, but with only 4 sales, one or two outlier transactions can move that number dramatically. Don't panic over the percentage.
- Average sale price: $230,250
- Average list price this month: $254,900
- Price per square foot: $321
- Condos sold: 4
- Average days on market: 135
- Sale-to-list ratio: 96.51%
The 135-day average time on market is the number that stands out. That ranks 76th out of 81 comparable neighbourhoods in Calgary - meaning our condos are among the slowest-selling in the city right now. Buyers have options and they know it.
That said, the HonestDoor predicted value for condos is $504,974 - and it's nudging up past the 3-month moving average of $504,799. The rental yield of 3.89% is moderate, and estimated monthly rent of $2,372 still makes condo ownership a reasonable hold for investors who aren't in a rush.
On the leaderboard, condo growth ranks 80th out of 207 Calgary neighbourhoods - above average. Price ranks 106th out of 175, which puts us slightly below average on price compared to the rest of the city.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing most homeowners in Killarney Glengarry don't realize. The city's assessed value for a house here averages $847,959. The HonestDoor Price for that same house averages $839,430. That's a $8,529 gap - and the HonestDoor Price is updated in real time using actual market activity, not a once-a-year government snapshot.
For condos, the gap is even more striking - and it flips the other way. The average city assessment is $444,630, but the HonestDoor Price is $508,398. That's 14.34% higher than what the city has on record. If you own a condo here and you're basing any financial decision on the assessment number, you're working with the wrong figure.
The HonestDoor Price is the real-world check. It moves with the market. The city assessment does not. Check yours at HonestDoor before you make any move.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Killarney Glengarry and you're thinking about listing this summer, here's the honest read. The market is taking a breather - fewer sales, slightly longer days on market, and buyers negotiating a bit harder. But our neighbourhood still ranks above average in price and speed compared to the rest of Calgary. You're not in a bad position. You just need to price it right from day one.
With 188 total property transactions in 2026 across 2,335 assessed properties, there's real activity here. We rank 16th in Calgary for total transactions - that's a busy neighbourhood by any measure.
If you own a condo, patience is the word. The slow days-on-market stat tells you that buyers aren't rushing. Pricing aggressively and staging well will matter more than usual. The good news is your HonestDoor Price suggests your condo is worth more than the city thinks - use that to your advantage when you're ready to move.
Bottom line: Killarney Glengarry is a neighbourhood with real staying power. Year-over-year growth of 0.04% for houses isn't flashy, but it's steady. Our neighbours in Richmond, Rutland Park, and Glendale are all priced higher for houses - and growing slower. We're in a good spot. Just go in with current numbers, not last year's assessment.
killarney glengarry | 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.