Montgomery, Calgary - October 2026 Real Estate Report
Montgomery, Calgary: What's Actually Happening With Home Prices Right Now
If you've been watching the "For Sale" signs on the streets near the Bow River, here's the honest read on where Montgomery stands heading into the summer market.
The Vibe: Houses vs. Condos in Montgomery
Our neighbourhood is telling two very different stories right now, depending on what you own.
Houses: The average sale price hit $887,980 this month - that's up 13.1% from last month, which is a number worth paying attention to. But here's the catch: listings are averaging $685,000, and homes are selling at about 96.35% of list price. That gap between what sellers hope for and what buyers pay is real. With only 5 houses sold this month and an average of 58 days sitting on the market, we're not in a frenzy. The predicted market value for a house sits at $794,891, and that number is nudging slightly downward against the 3-month average of $795,051. The market is moving, but it's not sprinting.
- Average sale price: $887,980 (up 13.1% month over month)
- Average list price: $685,000
- Price per square foot: $498
- Sale-to-list ratio: 96.35%
- Average days on market: 58
- Properties sold this month: 5
- Estimated monthly rent: $3,525
- Rental yield: 5.13%
- Growth rank: 152 out of 221 Calgary neighbourhoods
Condos: This is where things get interesting. Only 1 condo sold this month at $325,000, and listings are sitting at $334,900 - buyers are paying 97.04% of list, which is steady. Days on market average 47. But the HonestDoor Price for condos is telling a completely different story from the sale price (more on that below). Rental yield comes in at 3.52%, which is moderate but not a home run for investors. On the neighbourhood leaderboard, Montgomery condos rank 72 out of 207 Calgary neighbourhoods for growth - that puts us solidly above average.
- Average sale price: $325,000
- Average list price: $334,900
- Price per square foot: $341
- Sale-to-list ratio: 97.04%
- Average days on market: 47
- Properties sold this month: 1
- Estimated monthly rent: $3,727
- Rental yield: 3.52%
- Growth rank: 72 out of 207 Calgary neighbourhoods
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from months ago, built on a formula that doesn't know your renovated kitchen or your neighbour's recent sale. It's a rearview mirror number.
The HonestDoor Price updates in real time using actual market signals. For houses in Montgomery, the average assessed value is $784,930. The HonestDoor Price is $787,191. That's close - but the HonestDoor Price is already 0.29% above the city's figure, and it's moving while the assessment sits still.
For condos, the gap is impossible to ignore. The average assessed value is $516,279. The HonestDoor Price is $1,299,032 - that's 151.61% higher than the city's assessment. If you own a condo in Montgomery and you're making any financial decision based on your tax notice, you're working with a number that is dramatically out of step with reality. The HonestDoor Price for condos is also up 8.70% from the previous period. That's the real-world check you need before you price, sell, refinance, or even just figure out where you stand.
With 1,471 houses and 149 condos assessed across the neighbourhood, there's enough data here to trust these numbers. This isn't a guess - it's a live read on Montgomery's market.
The "So What?": Thinking About Selling This Summer?
If you own a house in Montgomery and you're thinking about listing this summer, the market is taking a bit of a breather. Prices are above average for Calgary - houses rank 89 out of 221 neighbourhoods on price - but growth ranks 152 out of 221. That means you're selling into a market where buyers have options and aren't in a panic. Pricing sharp matters. Homes sitting 58 days on average tells you that overpriced listings are getting ignored.
Compare that to neighbours like University District (HonestDoor Price $1,254,791), Wildwood ($978,407), and Patterson ($1,018,329) - Montgomery houses are priced more accessibly, which is actually a selling point for buyers priced out of those streets.
If you own a condo, the story is different. The HonestDoor Price is climbing, growth ranks above average, and the Airbnb rank in Calgary is 25 out of all neighbourhoods - that's a strong short-term rental signal for anyone thinking about that angle. The catch is thin sales volume. One condo sold this month. If you list, you need patience or a very sharp price.
Bottom line: check your HonestDoor Price before you do anything. The city's assessment and the real market are telling very different stories in Montgomery right now - especially if you own a condo. Knowing the gap is the first move.
montgomery | 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.