Old Town, Airdrie - October 2026 Real Estate Report
Old Town, Airdrie: Your Neighbour Just Listed. Here Is What You Need to Know.
If you have been watching the "For Sale" signs pop up around Old Town lately, here is the honest breakdown of what is actually happening with prices, how long homes are sitting, and whether now is the right time to make a move.
The Vibe: Houses vs. Condos in Old Town
The two property types in our neighbourhood are telling very different stories right now, and it is worth knowing which one you own.
Houses
Houses in Old Town are holding steady. The average HonestDoor Price sits at $550,519, up 2.70% from the previous period. That is real, measurable momentum. The average sale price recently came in at $562,500, and active listings are averaging $575,000 this month. Buyers are paying about 97.39% of list price, which means they are negotiating a small discount - but sellers are still getting close to what they ask.
- Average HonestDoor Price: $550,519 (up 2.70%)
- Average sale price: $562,500
- Current average list price: $575,000
- Price per square foot: $434
- Average days on market: 40
- Sale-to-list ratio: 97.39%
- Estimated monthly rent: $2,731
- Rental yield: 5.57%
- Neighbourhood leaderboard - Growth rank: 37 out of 47 in Airdrie
- Neighbourhood leaderboard - Price rank: 19 out of 42 in Airdrie (above average)
- Neighbourhood leaderboard - Days-on-market rank: 14 out of 32 (moderately fast)
The growth rank of 37 out of 47 tells us houses here are taking a breather on appreciation compared to some other Airdrie neighbourhoods. But the price rank of 19 out of 42 means we are sitting above average in value. That is a solid position - not the hottest runner on the leaderboard, but far from the bottom.
Condos
Condos are a different picture. The HonestDoor Price for condos averages $424,056, up a slim 0.08%. The predicted market value has actually dipped to $423,737, down from a 3-month moving average of $438,170. That is a -4.80% recent change - worth paying attention to if you own one. On the flip side, condos are moving faster, averaging just 14 days on market.
- Average HonestDoor Price: $424,056 (up 0.08%)
- Average sale price: $137,000
- Current average list price: $142,500
- Price per square foot: $116
- Average days on market: 14
- Sale-to-list ratio: 96.58%
- Estimated monthly rent: $1,732
- Rental yield: 3.95%
- Neighbourhood leaderboard - Growth rank: 14 out of 40 in Airdrie (above average)
- Neighbourhood leaderboard - Price rank: 27 out of 27 (most affordable in Airdrie)
- Neighbourhood leaderboard - Days-on-market rank: 6 out of 17 (moderately fast)
Condos here rank 27 out of 27 on price - meaning they are the most affordable condo option across comparable Airdrie neighbourhoods. If you are an investor or a first-time buyer watching this space, that is worth noting. And a growth rank of 14 out of 40 puts condos in above-average territory for appreciation momentum, even with the recent dip.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is something most Old Town homeowners do not realize. Your city assessment is a snapshot from months ago - sometimes longer. It does not know about the sale down the street last week, or that buyer demand shifted last month. The HonestDoor Price updates in real time, pulling in actual transaction data and current market signals.
For houses, the HonestDoor Price of $550,519 is a live read on what the market thinks your home is worth today - not what a government formula calculated last year. For condo owners, seeing that predicted value slip to $423,737 against a higher 3-month average is exactly the kind of early signal your tax assessment will never give you in time to act on it.
Check your HonestDoor Price now. Do not wait for a piece of mail to tell you what your biggest asset is worth.
The So What - Should You Sell in Old Town This Summer?
If you own a house in Old Town and have been thinking about listing, the window is reasonable but not urgent. Buyers are active, they are paying close to list price, and your HonestDoor Price is trending up. The 40-day average market time means you are not selling overnight - price it right from day one and you avoid the price-cut conversation.
If you own a condo, the faster 14-day sales pace is good news for getting a deal done. But the recent -4.80% value shift is a reason to move sooner rather than later if selling is on your radar. Waiting for values to recover is a gamble when the trend is currently pointing the wrong direction.
Either way, the best first step is knowing your real number. Pull your HonestDoor Price, compare it to what is listed nearby, and you will walk into any conversation with an agent knowing exactly where you stand.
old town | airdrie | 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.