Mount Pleasant, Calgary - September 2026 Real Estate Report

Mount Pleasant, Calgary: Your Neighbour Just Listed for Over a Million Bucks - Here's What's Actually Going On

If you've been watching the "For Sale" signs pop up on your block and wondering whether now is the time to make a move, here's the straight story on what Mount Pleasant's market is doing right now.

The Vibe: Houses vs. Condos

Houses - Strong Demand, But Read the Fine Print

We're seeing some serious numbers on the house side. The average sale price hit $992,308 this month - that's up 25.1% from last month. Before you get too excited, listings are averaging $1,336,350, which means there's still a gap between what sellers want and what buyers are paying. On average, homes are selling at 97.08% of list price, so buyers are getting a small discount off the ask.

The catch? Homes are sitting on the market for an average of 57 days, and that days-on-market rank is 55 out of 82 neighbourhoods tracked - meaning our homes are moving slower than most of Calgary. If you're pricing your house like it's a hot commodity, the market will tell you otherwise pretty quickly.

• Average sale price: $992,308 (up 25.1% month over month)
• Average list price: $1,336,350
• Price per square foot: $658
• Sale-to-list ratio: 97.08%
• Average days on market: 57
• Properties sold this month: 13
• Total 2026 transactions: 128
• Growth rank: 103 out of 238 Calgary neighbourhoods - solidly above average

The predicted market value for houses sits at $892,041, which is actually dipping slightly below the 3-month moving average of $895,670. Values have nudged down 0.21% recently. The market isn't falling - it's just taking a breather.

Condos - A Different Story Altogether

We'll be honest with you: the condo side of Mount Pleasant is a tougher picture right now. Only one condo sold this month at $227,500, against an average list price of $239,900. Buyers paid 94.83% of list price, and units are sitting for 68 days on average.

The growth rank for condos is 158 out of 216 - that puts us in below-average territory for Calgary. Values have dropped 1.93% recently, and the predicted value of $402,697 is trending down from the 3-month moving average of $407,999. Nearby Tuxedo Park condos are predicted at $431,538, which means our condo market is trailing the immediate competition.

• Average sale price: $227,500
• Average list price: $239,900
• Price per square foot: $325
• Sale-to-list ratio: 94.83%
• Average days on market: 68
• Properties sold this month: 1
• Total 2026 transactions: 8
• Growth rank: 158 out of 216 Calgary neighbourhoods - below average

If you own a condo here and you're thinking about selling, timing and pricing are going to matter a lot more than they would for a house owner on the same street.

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

Here's something most Mount Pleasant homeowners don't realize. Your city assessment is a snapshot from the past - it's calculated using data that's already months old by the time it lands in your mailbox. The market doesn't wait for the city to catch up.

The HonestDoor Price is the real-world check. For houses in Mount Pleasant, the average HonestDoor Price is $895,028 - that's 1.07% higher than the average assessed value of $885,531. It's updated in real time, so it reflects what's actually happening on your street today, not what was happening when a city assessor ran the numbers last year.

For condo owners, the gap is even bigger. The average assessed value is $342,811, but the average HonestDoor Price is $388,911 - that's 13.45% higher than the city's number. If you're making any financial decision based on your tax assessment alone, you're working with incomplete information.

With 2,150 properties assessed in the neighbourhood this year on the house side, and 167 on the condo side, there's a lot of money sitting in Mount Pleasant. Knowing your real number - not the government's lagging estimate - is just smart.

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

If you own a house in Mount Pleasant and you're considering listing this summer, here's the honest take. Demand is real - 128 house transactions in 2026 gives us a total transaction rank of 36 in Calgary, which is strong. But buyers are negotiating, days on market are climbing, and the predicted value is softening slightly. Price it right from day one. Overpricing is the fastest way to sit on the market and end up chasing the price down anyway.

The neighbourhood growth rate of 0.04% year over year is modest. Rosemont next door is actually shrinking at -0.01%, so we're holding up better than some neighbours. Tuxedo Park is matching our growth rate at 0.04% but at lower price points, which means buyers who get priced out of Mount Pleasant aren't going far.

If you own a condo, summer 2025 is a more cautious conversation. With values declining 1.93% recently and a below-average growth rank, you're not in a rush-to-list situation unless you have a specific reason to sell. Rental yield sits at 4.00% with estimated rent around $1,992 per month - holding and renting is a legitimate option worth running the numbers on.

For house owners, the rental picture is more compelling. Estimated rent of $3,857 per month with a rental yield of 4.94% means Mount Pleasant houses generate solid income if selling doesn't feel right yet.

Bottom line: check your HonestDoor Price before you do anything else. It takes two minutes and it gives you the real number - not the city's version of it.

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.