Montgomery, Calgary - August 2026 Real Estate Report

Montgomery, Calgary: Your Neighbour Just Got a Raise. Did You?

If you've been watching the "For Sale" signs on the streets near Bow River, here's what's actually happening. Montgomery is holding its ground in a Calgary market that's been anything but predictable. Prices are up, the city's assessment is lagging behind reality, and if you haven't checked your HonestDoor Price lately, you're probably leaving money on the table.

The Vibe: Houses vs. Condos

Let's break down what we're actually seeing on the ground in Montgomery right now.

Houses - Steady and Holding Value

Our houses are doing the quiet, reliable work. The average sale price sits at $805,000, up 2.3% from last month. Listings are averaging $820,000, and buyers are landing deals at about 98% of list price - meaning sellers are getting close to what they're asking, but buyers still have a little room to negotiate.

• Average sale price: $805,000 (up 2.3% month over month)
• Average listing price: $820,000
• Price per square foot: $451
• Sale-to-list ratio: 98.17%
• Average days on market: 61
• HonestDoor Price: $796,435 (up 0.28% from last period)
• Estimated monthly rent: $3,530
• Rental yield: 5.13% - that's a strong return
• Airbnb estimate: $175 per night
• Transactions in 2026: 65

On the neighbourhood leaderboard, Montgomery houses rank 119 out of 236 Calgary neighbourhoods for growth - right in the middle of the pack. Days on market rank is 57 out of 77, which tells us homes here take a bit longer to sell than average. But the price rank is 68 out of 220, meaning we're sitting above average in value compared to most of Calgary. That's a solid position.

Compared to neighbours like Wildwood ($989,652 HonestDoor Price) and Patterson ($1,020,425), Montgomery houses come in at a more accessible price point. If buyers are being priced out of those streets, they're looking at ours next.

Condos - A More Complicated Picture

The condo story in Montgomery is worth paying close attention to, because the numbers tell two very different stories depending on where you look.

• Average sale price: $325,000
• Average listing price: $334,900
• Price per square foot: $341
• Sale-to-list ratio: 97.04%
• Average days on market: 47
• HonestDoor Price: $1,193,088 (up 0.33% from last period)
• Estimated monthly rent: $3,774
• Rental yield: 3.48%
• Airbnb estimate: $187 per night - ranked 26th in all of Calgary
• Transactions in 2026: 7

The condo growth rank is 194 out of 216 Calgary neighbourhoods - that puts us near the bottom of the leaderboard for recent growth, and values have dipped 5.70% recently. The market is taking a breather here. That said, the Airbnb rank of 26th in Calgary is genuinely impressive - if you own a condo in Montgomery and you're not thinking about short-term rental income, that number is worth a second look.

One note for condo owners: the gap between the city's assessed value ($516,547) and the HonestDoor Price ($1,193,088) is massive. More on that below.

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

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what sold on your street last month. It doesn't factor in what buyers are actually paying right now. It's a government estimate built on old data, and in a market that moves month to month, it can be way off.

For Montgomery house owners, the HonestDoor Price of $796,435 is already 1.45% higher than the average assessed value in Calgary. That gap is real money. For condo owners, the difference is staggering - the city's average assessment sits at $516,547, while the HonestDoor Price is $1,193,088. That's not a rounding error. That's a completely different picture of what your property is actually worth in today's market.

The HonestDoor Price is updated in real time using actual transaction data. It's the real-world check against a static number the city prints once a year. If you're making any decision about your property - selling, refinancing, even just understanding your net worth - start with the HonestDoor Price, not the assessment notice in your mailbox.

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

If you own a house in Montgomery and you're thinking about listing this summer, the timing isn't bad. Prices are up month over month, buyers are paying close to asking, and at $451 per square foot, you're in above-average territory for Calgary. The 61-day average days on market means you need to price it right from day one - overpriced listings are sitting. Come in sharp and you'll move it.

If you own a condo, be honest with yourself about the current momentum. Values have slipped recently and the growth rank puts us near the bottom of the Calgary leaderboard right now. That doesn't mean don't sell - it means price it competitively, know your number, and lean into the rental income story if you're marketing to investors. A 3.48% rental yield and a top-30 Airbnb ranking in Calgary are real selling points for the right buyer.

Either way, the first step is the same - check your HonestDoor Price today. Not your assessment. Not what your neighbour thinks their place is worth. The actual, current number. That's where your conversation starts.

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.