Oakridge, Calgary - September 2026 Real Estate Report

Oakridge, Calgary: Your Neighbour Just Got More for Their House Than the City Thinks It's Worth

If you own a home in Oakridge and the last number you checked was your city assessment, you're probably leaving money on the table. Here's the real picture right now.

The Vibe: What's Actually Happening in Our Neighbourhood

Oakridge is holding its ground. With 1,888 properties assessed this year and 83 transactions already on the books in 2026, this is an active, established community - not a sleepy corner of Calgary. Our growth rate of 0.04% year over year is steady, and on the neighbourhood leaderboard, Oakridge houses rank 69 out of 238 Calgary neighbourhoods for growth. That puts us solidly in the above-average tier. Not the flashiest number, but it means we're outpacing more than half the city.

Houses: Fast Sales, But Watch the Monthly Swings

If you've been watching the "For Sale" signs in Oakridge lately, here's what's actually happening with houses right now.

The average sale price this month sits at $568,250, and yes, that's down 34.9% from last month - but don't panic. Monthly swings like this happen when a small number of sales skew the average. What matters more is that homes are flying off the market. The average days on market is just 8 days, which ranks 7 out of 82 comparable Calgary neighbourhoods. That is a top-tier speed stat. Buyers are not sitting on the fence here.

Even better, homes are selling for 100.49% of list price. That means buyers are paying above asking. In a market where a lot of Calgary neighbourhoods are seeing offers come in under list, that's a real signal of demand.

• Average sale price this month: $568,250
• Average list price this month: $640,580
• Price per square foot: $374
• Sale-to-list ratio: 100.49% (above asking)
• Average days on market: 8 days
• Properties sold this month: 6
• Predicted market value: $835,483
• 3-month moving average: $831,584 (trending up)
• Estimated monthly rent: $3,696
• Rental yield: 4.98%
• Growth rank: 69 out of 238 Calgary neighbourhoods

Compare that to Palliser next door, where houses are selling at an average of $510,000. Oakridge is coming in higher, and our 8-day average beats most of the city. We're also priced above average for Calgary, ranking 108 out of 220 neighbourhoods on price.

Condos: Stable Ground, But the Trend Needs Watching

The condo side of Oakridge tells a slightly different story. Things are calm - maybe a little too calm.

Three condos sold this month at an average of $407,050, with buyers paying 98.64% of list price. That means sellers are getting close to asking, but not quite there. The market here is stable rather than competitive. Condos are sitting for 22 days on average, which is actually faster than nearby Palliser at 32 days - so demand is real. But the predicted market value of $419,425 is trending down from the 3-month moving average of $424,134, and recent value change is -0.54%. That's worth keeping an eye on.

• Average sale price this month: $407,050
• Average list price this month: $342,450
• Price per square foot: $405
• Sale-to-list ratio: 98.64% (just below asking)
• Average days on market: 22 days
• Properties sold this month: 3
• Predicted market value: $419,425
• 3-month moving average: $424,134 (trending down)
• Estimated monthly rent: $1,900
• Rental yield: 4.10%
• Growth rank: 111 out of 216 Calgary neighbourhoods

Condo growth ranks 111 out of 216 Calgary neighbourhoods - that's below average territory. If you own a condo in Oakridge and you're thinking about your next move, the window to act at peak value may be narrowing slightly.

The Secret Sauce: Your HonestDoor Price vs. What the City Says

Here's the thing about city assessments - they're a snapshot from the past. The city assessed the average Oakridge house at $823,862. The average HonestDoor Price right now is $843,709. That's a gap of roughly $20,000, and it's 2.41% higher than the city's number. The HonestDoor Price updates in real time using actual market signals, not a once-a-year government calculation.

For condos, the gap is even bigger. The city's average assessed value is $354,880. The HonestDoor Price is $412,683 - that's 16.29% higher. If a condo owner in Oakridge is making decisions based on their assessment alone, they're working with a number that undersells their asset by a significant margin.

Think of the HonestDoor Price as the real-world check on what your property is actually worth today - not what a spreadsheet said it was worth last January.

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

For house owners, the timing looks good. Homes are selling in 8 days, buyers are paying over asking, and the predicted value of $835,483 is ticking upward. If you're thinking about listing this summer, you're entering a market that rewards well-priced homes quickly. The key word is "well-priced" - listings are averaging $640,580 right now, but sales are coming in lower, which tells us buyers know the difference between an ambitious list price and a fair one.

For condo owners, move with a bit more urgency. The predicted value is drifting down from its 3-month average, and growth ranks below average for Calgary. That doesn't mean the sky is falling - condos are still selling faster than Palliser and at a price above nearby Cedarbrae's $400,000 average. But the trend line is not your friend if you wait too long.

Either way, start with your HonestDoor Price before you call an agent or check your assessment notice. It's the number that actually reflects what a buyer would pay for your home today - and in Oakridge right now, that number is likely higher than you think.

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.