Mount Pleasant, Calgary - October 2026 Real Estate Report
Mount Pleasant, Calgary: Your Neighbour Just Listed. Here Is What You Actually Need to Know.
If you have been watching the "For Sale" signs pop up around Mount Pleasant this season, here is the straight story on what the numbers are telling us right now. No fluff, no spin - just what it means for your wallet.
The Vibe: Houses vs. Condos
Houses - Active, But Taking a Breather
We saw 18 houses sell in Mount Pleasant recently - that is up 38.5% from the month before, which sounds exciting. But here is the catch: the average sale price landed at $925,608, down 6.7% from last month. Buyers are also paying about 97.7% of the asking price, meaning sellers are giving a little ground to close the deal. That is not a crisis - it is a negotiation shift.
- Average sale price: $925,608 (down 6.7% from last month)
- Average list price: $1,006,486
- Price per square foot: $584
- Average days on market: 38 days
- Sale-to-list ratio: 97.70%
- Properties sold: 18 (up 38.5%)
Homes are sitting for 38 days on average. Compare that to Tuxedo Park next door at 22 days, and you can see our market is moving a bit slower right now. Not stalled - just not flying off the shelf the way it was. The predicted market value for houses sits at $895,118, which is nudging up past the 3-month moving average of $893,766. So the underlying trend is still pointing in the right direction, even if the month-to-month headline number dipped.
On the neighbourhood leaderboard, Mount Pleasant houses rank 125 out of 221 Calgary neighbourhoods for growth - that puts us in the below-average tier right now. For price, we rank 72 out of 221, which is solidly above average. We are not the cheapest street at the party, and we are not the fastest mover - we are somewhere in the reliable middle.
Condos - Quiet and Affordable, But Watch the Trend
The condo side of Mount Pleasant is a much smaller story right now. Only 1 condo sold recently, sitting at $227,500 - well below the average list price of $239,900. Buyers paid about 94.8% of list, and units are taking 68 days to move. That is slow by any measure.
- Average sale price: $227,500
- Average list price: $239,900
- Price per square foot: $325
- Average days on market: 68 days
- Sale-to-list ratio: 94.83%
- Properties sold: 1
The predicted market value for condos is $388,179, and that number is actually sliding - it is down from the 3-month moving average of $400,006. Values have shifted -3.43% recently, and on the growth leaderboard, our condos rank 171 out of 207 Calgary neighbourhoods. That puts us near the bottom of the pack for condo growth. If you own a condo here, that is worth paying attention to. Nearby Tuxedo Park condos are predicted at $422,306 - a noticeable gap.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is something most homeowners do not think about until it is too late. The city's assessed value for a Mount Pleasant house is $885,639. The HonestDoor Price right now is $885,277. Those numbers are almost identical - a difference of just 0.04%. That sounds reassuring, but the key word is "right now."
Your city assessment is a snapshot frozen in time - usually based on data that is already 6 to 12 months old by the time it lands in your mailbox. The HonestDoor Price updates in real time, pulling in actual transaction data as the market moves. When prices dip 6.7% in a single month the way we just saw with houses, a static government number tells you nothing useful. The HonestDoor Price is the real-world check that reflects what a buyer would actually put on the table today.
For condos, the gap is even more telling. The city assessed the average Mount Pleasant condo at $341,425. The HonestDoor Price is $397,329 - that is 16.37% higher. If you are a condo owner making any financial decision based on your tax assessment alone, you are working with a number that undersells your asset by tens of thousands of dollars.
- House HonestDoor Price: $885,277 (down 1.10% from last period)
- Condo HonestDoor Price: $397,329 (up 2.36% from last period)
- Condo HonestDoor Price is 16.37% above the city's assessed value
- 2,150 house properties assessed this year - that is a lot of potentially stale numbers
The "So What?" - Thinking About Selling This Summer?
If you own a house in Mount Pleasant and you are thinking about listing this summer, the window is open - but it is not as wide as it was six months ago. Prices are still above the $900K mark on sales, and we rank in the top third of Calgary for price. But with 38-day average market times and buyers negotiating below list, you need to come in priced sharp from day one. Overpricing and then chasing the market down is the move that costs sellers the most money.
The rental picture is solid if you are not in a rush to sell. Houses are pulling an estimated $3,863 per month in rent with a 4.93% rental yield. That is a reasonable return while you wait for the market to find its footing again.
If you own a condo here, the honest answer is that the market is soft right now. One sale, 68 days on market, and a declining predicted value are not signals to panic - but they are signals to be realistic. If you need to sell, price it to move. If you can hold, the 2.36% uptick in the HonestDoor Price suggests there is some life in the condo segment even if recent sales have been slow.
Bottom line for Mount Pleasant this summer: houses are sellable at strong prices if you are strategic, condos need patience or sharp pricing, and everyone should check their HonestDoor Price before making any move. The city's number is a starting point - not the finish line.
mount pleasant | 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.