Martindale, Calgary - October 2026 Real Estate Report
Martindale, Calgary: Your Neighbour Just Got a Better Price Than the City Thinks
The Vibe Right Now
If you've been watching the "For Sale" signs on your street, here's what's actually happening in Martindale. The house market is moving. Condos are a different story. Let's break it down.
Houses - Steady Demand, Real Momentum
Houses in Martindale are holding their own. The average sale price sits at $511,681, up 3.6% from last month. That's not a fluke - 16 homes sold this period, a 14.3% jump in sales volume. When more homes are selling AND prices are climbing, that tells us buyers are still showing up.
- Average sale price: $511,681
- Average list price this month: $519,798
- Price per square foot: $446
- Homes sold for 97.59% of list price on average
- Average days on market: 50
- Predicted market value: $519,472
- Estimated monthly rent: $2,607
- Rental yield: 5.60%
The 50-day average on market is worth noting. Homes are not flying off the shelves overnight, but they are selling. Buyers have a little room to negotiate - that 97.59% sale-to-list ratio means the final price is landing just below asking. If you price it right, you are not leaving much on the table.
On the neighbourhood leaderboard, Martindale houses rank 45 out of 221 Calgary neighbourhoods for growth. That puts us in the top 20% city-wide. For price, we rank 196 out of 221 - meaning we are one of the more affordable options in Calgary. That combination of affordability and above-average growth is exactly what attracts buyers who got priced out elsewhere.
Condos - A Breather, But Fast When They Move
The condo side is taking a breather. Only 1 condo sold this period, and the predicted market value of $331,214 is trending slightly down from the 3-month moving average of $335,296. Values have dipped 1.94% recently, and the growth rank sits at 136 out of 207 neighbourhoods - below average for Calgary right now.
- Average sale price: $400,000
- Average list price this month: $414,900
- Price per square foot: $348
- Condos sold for 96.41% of list price on average
- Average days on market: 14
- Predicted market value: $331,214
- Estimated monthly rent: $1,759
- Rental yield: 4.14%
Here is the interesting part though - when a condo does hit the market, it moves fast. A days-on-market rank of 12 out of 81 means Martindale condos are among the quickest-selling in the city. Low inventory plus quick sales usually means the right unit, priced correctly, will not sit. The 4.14% rental yield is moderate but still beats a lot of savings accounts.
The Secret Sauce - Your HonestDoor Price vs. That City Assessment
Here is the thing most Martindale homeowners do not realize. The city's assessed value for a house here averages $556,484. But the HonestDoor Price - which pulls from real, current market activity - comes in at $509,766. That is an 8.40% gap. The city's number is a snapshot from months ago. The HonestDoor Price is what the market is actually doing right now.
For condos, the gap is even wider. The average city assessment is $391,898, but the HonestDoor Price is $334,617 - a 14.62% difference. If you are making any financial decision based on your assessment alone, you are working with an outdated number.
The HonestDoor Price is your real-world check. It is updated regularly using live transaction data, not a once-a-year government estimate. Before you refinance, list, or even just wonder what your place is worth - check your HonestDoor Price first.
The So What - Should You Sell This Summer?
If you own a house in Martindale and have been thinking about listing, this summer is a reasonable window. Prices are up month-over-month, sales volume is climbing, and we rank in the top 20% of Calgary for growth. Buyers looking for affordability in a growing northeast neighbourhood are actively shopping here - 170 property transactions across the neighbourhood in 2026 backs that up.
Price it sharp. That 97.59% sale-to-list ratio tells us buyers are negotiating, so padding your list price with a lot of cushion will cost you days on market, not gain you dollars at close. A clean, well-priced listing in the $510,000 to $520,000 range is where the action is.
If you own a condo, the picture is more cautious. Values are dipping slightly and the market is thin right now. That said, condos that do list are selling quickly - so if your unit is in good shape and priced to reflect the current HonestDoor Price rather than the city's inflated assessment, you can still move it without a long wait.
Bottom line - Martindale is not the flashiest neighbourhood on Calgary's leaderboard, but it is one of the most consistent. Affordable entry point, solid rental yields, and real buyer demand. That is a combination worth paying attention to.
martindale | 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.