Oakridge, Calgary - July 2026 Real Estate Report

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

If you own a home in Oakridge and you have not checked your HonestDoor Price lately, you are probably leaving money on the table. The city's assessment is one number. What buyers are actually paying is another. Right now, those two numbers are not the same - and the gap is in your favour.

The Vibe: What Is Actually Happening in Our Neighbourhood

Houses - Solid Demand, Fast Sales

If you have been watching the "For Sale" signs on our streets, here is what is actually happening. Houses in Oakridge are moving. Eight sold this month, sitting on the market for an average of just 13 days. For context, homes in nearby Palliser are taking 17 days to sell. We are outpacing them, and that speed tells you buyers are motivated.

• Average sale price: $804,139
• Current listings averaging: $917,450
• Price per square foot: $556
• Homes selling at 98.12% of list price
• Average days on market: 13 days
• Days-on-market rank: 14 out of 76 neighbourhoods in Calgary - that is very fast

The predicted market value for an Oakridge house sits at $827,049, and that number is climbing - it is up from the 3-month moving average of $817,675. Values have shifted 0.59% recently. On the neighbourhood leaderboard, Oakridge houses rank 144 out of 233 for growth, which puts us in the middle of the pack. Not a rocket ship, but steady and moving in the right direction.

Thinking about renting instead of selling? The estimated rent is $3,673 per month, delivering a rental yield of 4.99%. That is a reasonable return if you are not in a rush to cash out.

Condos - A Breather, But Not a Bust

The condo side of Oakridge is taking a bit of a breather. Values dipped 1.06% recently, and the predicted market value of $430,311 is slightly below the 3-month moving average of $433,184. That said, three condos sold this month - up 50% from last month - so buyers are still showing up.

• Average sale price: $407,050 - up 3.1% from last month
• Price per square foot: $405
• Condos selling at 98.64% of list price
• Average days on market: 22 days
• Price rank: 67 out of 173 neighbourhoods - above average in Calgary

Compared to neighbours, our condos are priced above Palliser ($444,500 average sold price there, though their HonestDoor Price sits lower at $385,863) and just ahead of Cedarbrae ($400,000 average sold). On the neighbourhood leaderboard, Oakridge condos rank 138 out of 216 for growth - below average, but the sales pace rank of 20 out of 71 tells us condos here are still moving faster than most of Calgary.

Rental potential on condos is $1,930 per month with a yield of 4.09%. Modest, but consistent.

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

Here is the thing about your city assessment. It is a snapshot taken months ago, using data that is even older. It does not know what happened on your street last Tuesday. The HonestDoor Price does.

For Oakridge houses, the city's average assessed value is $824,924. The average HonestDoor Price is $834,409. That is a $9,485 gap - and the HonestDoor number is 1.15% higher than the Calgary average assessed value. It is a real-world check built from current transaction data, not a government spreadsheet that updates once a year.

For condos, the gap is even more striking. The average assessed value is $354,543. The HonestDoor Price is $420,790. That is an 18.69% difference. If a condo owner in Oakridge is making any financial decision - refinancing, selling, even just understanding their net worth - using the assessed value alone is like navigating with an old map.

With 1,884 house properties and 371 condo properties assessed in Oakridge this year, there is a lot of real data feeding into these numbers. The HonestDoor Price is not a guess. It is the market talking.

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

Here is the straight talk for anyone considering a sale in the next few months.

If you own a house in Oakridge, the timing is working in your favour. Buyers are active, homes are selling in under two weeks, and the predicted value is trending up. The window is open. Pricing it right matters - homes are selling at 98.12% of list, so there is not a lot of room to go high and negotiate down. Price sharp, and you will move fast.

If you own a condo, be realistic. Values have softened slightly and days on market are longer than the house side. But - and this matters - you are still above average in price for Calgary condos, and sales volume jumped 50% last month. The market is not broken, it is just more patient. A well-priced condo in Oakridge will sell. It might just take a few extra weeks.

• 67 house transactions in Oakridge in 2026 so far - ranked 66th in Calgary for total transactions
• 12 condo transactions in 2026 - ranked 31st in Calgary
• Neighbourhood growth: 0.04% year over year for houses, 0.02% for condos
• Nearby Bayview is priced significantly higher (houses at $1,768,194) - Oakridge still offers relative value in the southwest

Bottom line - check your HonestDoor Price before you do anything else. It takes two minutes and it will tell you more about what your home is worth today than any assessment notice in your mailbox.

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.