Mission, Calgary - August 2026 Real Estate Report

Mission, Calgary: Your Home Is Worth More Than the City Thinks

If you own property in Mission and you have not looked at your HonestDoor Price lately, you are probably sitting on more equity than you realize. The city's assessment tells one story. The real market tells another - and the gap is significant.

The Vibe: What's Actually Happening on Our Streets

Houses in Mission

The house market here is steady, not spectacular right now. We saw 2 sales this month, with an average sale price of $1,063,500. Listings are sitting at $999,999 on average, and homes are selling at 99.20% of list price - so buyers are getting a small discount, but sellers are not giving much away. The standout stat? Houses are moving in an average of 11 days. That is fast. Days-on-market ranks 9th out of 77 Calgary neighbourhoods. When a house hits the market in Mission, it does not sit.

• Average sale price: $1,063,500
• Average list price: $999,999
• Price per square foot: $836
• Sale-to-list ratio: 99.20%
• Average days on market: 11
• Predicted market value: $1,203,460
• Estimated monthly rent: $4,609
• Rental yield: 4.84%

One thing to watch: the predicted value of $1,203,460 is dipping below the 3-month moving average of $1,234,756, and recent price change is down 4.67%. The market is taking a breather on the house side. Growth ranks 226 out of 236 Calgary neighbourhoods right now - that puts us near the bottom of the leaderboard for momentum. Sellers should know that going in.

Condos in Mission

The condo story is more active. We had 6 sales this month, and the average sale price jumped 26.4% to $472,417. That is a big single-month move. Condos are selling at 95.53% of list price, so there is a bit more room to negotiate than on the house side. Days on market average 54 - slower than houses, but still faster than nearby Erlton at 76 days and Beltline at 55 days. We are holding our own.

• Average sale price: $472,417 (up 26.4% from last month)
• Average list price: $493,283
• Price per square foot: $557
• Sale-to-list ratio: 95.53%
• Average days on market: 54
• Predicted market value: $599,458
• Estimated monthly rent: $2,457
• Rental yield: 3.86%
• Total 2026 transactions: 53

The condo predicted value of $599,458 is also slightly below the 3-month moving average of $607,045, and recent price change is down 3.27%. Growth ranks 160 out of 216 Calgary neighbourhoods - below average, but not at the bottom. The volume of condo activity here is real though - 53 transactions in 2026 ranks 8th in all of Calgary for total deals. People are buying Mission condos.

The Secret Sauce: Your HonestDoor Price vs. That City Assessment

Here is the number that should get your attention. The city assessed the average Mission house at $1,017,744. The HonestDoor Price for that same house is $1,257,618. That is a gap of 23.57% - real money that the city's static assessment is simply not capturing. The HonestDoor Price has also moved up 4.50% from the previous period, so it is tracking live market conditions, not last year's snapshot.

For condos, the gap is even wider. Average city assessment: $404,394. Average HonestDoor Price: $607,306. That is 50.18% higher than what the city has on file. The HonestDoor Price is up 3.37% from the previous period.

City assessments are updated once a year and are based on historical data. They are not built to reflect what a buyer would actually pay you today. The HonestDoor Price is the real-world check - it pulls from current market activity and gives you a number that reflects what Mission homes are actually trading for right now. If you are making any financial decision based on your city assessment alone, you are working with an incomplete picture.

The 'So What?': Thinking About Selling This Summer?

If you own a house in Mission and are thinking about listing this summer, the speed of the market is your friend. Eleven days on market is genuinely fast, and your price rank sits at 47th out of 220 Calgary neighbourhoods - above average. The caution is that values have dipped recently and growth momentum is soft. Pricing it right from day one matters more than ever. Do not chase the peak - price for where the market is today.

If you own a condo, the picture is mixed but not bad. The jump in average sale price this month is encouraging, but volume dropped 40% from last month, so do not read too much into one month of data. The predicted value of $599,458 is solid, and selling at above Beltline condo prices is a real advantage to highlight to buyers.

Either way, the move right now is to check your HonestDoor Price before you do anything else. The gap between what the city thinks your home is worth and what a buyer will actually pay is too large to ignore. That is your real starting point.

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.