Parkhill, Calgary - July 2026 Real Estate Report

Parkhill, Calgary: Your Neighbours Are Getting More Than Asking. Are You Leaving Money on the Table?

If you own a home in Parkhill and you haven't checked your actual market value lately, this is your nudge. The city's assessment is one number. What buyers are actually paying right now is a different story - and the gap is worth knowing about.

The Vibe: What's Happening on Our Streets Right Now

Houses - A Straight-Up Sellers' Market

We are not taking a breather. Houses in Parkhill are moving fast - and moving above asking. Here's the snapshot:

• Average sale price: $1,165,625
• Price per square foot: $670
• Sold at 102.16% of list price - buyers are paying over ask
• 8 homes sold this month
• Average days on market: 5 days
• Predicted market value: $1,164,466 - up from a 3-month average of $1,139,097
• Recent value change: 2.74%

Five days. That's how long a house in Parkhill is sitting before it's gone. Our days-on-market rank is 6 out of 76 neighbourhoods in Calgary - that puts us near the very top for speed. And on the price side, we rank 17 out of 220 Calgary neighbourhoods. That's top-tier territory. On the growth leaderboard, Parkhill houses sit at 41 out of 233 - comfortably in the top performers category across the city.

If you're a homeowner here, buyers are competing for your property. That's not spin - that's what a 102% sale-to-list ratio tells us.

Condos - Strong Momentum, One Month of Noise

The condo picture needs a bit of context. The average sale price this month came in at $224,500 - down 42.4% from last month. Before that number spooks anyone, here's the honest read: that kind of single-month swing usually means a small sample size and a different mix of units sold, not a market in freefall. The listings average is $325,000 right now, and the predicted market value sits at $458,696 - up from a 3-month average of $442,923. Values are climbing, not falling.

• Average assessed value: $405,146
• HonestDoor Price: $470,116 - that's a 16.04% gap above the city's assessment
• HonestDoor Price up 2.49% from the previous period
• 4 condos sold this month
• Average days on market: 8 days
• Sold at 100.92% of list price - still above asking
• Recent value change: 3.34%
• Rental estimate: $2,171 per month

On the growth leaderboard, Parkhill condos rank 33 out of 216 Calgary neighbourhoods. That's a strong position. Days-on-market rank is 6 out of 71 - same story as houses. These units are not sitting around.

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

Here's the thing about the city's assessed value - it's a snapshot from the past. It doesn't know what happened on your street last Tuesday. It doesn't know that buyers are paying over asking in Parkhill right now.

The HonestDoor Price is updated in real time using actual sales data. For houses in Parkhill, the average HonestDoor Price is $1,174,294 - that's 5.25% higher than the average city assessment. For condos, the gap is even bigger: $470,116 versus an assessed value of $405,146 - a 16.04% difference.

That gap is real money. If you're making any decision about your property - selling, refinancing, even just understanding your net worth - the HonestDoor Price gives you the real-world check that a static government number simply can't.

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

Parkhill is set up well for sellers heading into summer. Here's the honest case:

• Houses are selling in 5 days and above list price - low supply, strong demand
• The predicted house value of $1,164,466 is trending up from recent months
• Rental demand is real - $4,550 per month estimated for houses, $2,171 for condos - which keeps investor buyers active in this market
• 23 house transactions and 10 condo transactions recorded in 2026 so far - this is not a dead market
• 526 properties assessed this year, giving us a solid data pool to price against

The one thing to watch on condos is that month-over-month price dip. With only 4 sales, one outlier unit can skew the average hard. The underlying trend - rising predicted values, fast days on market, above-ask sales - still points in the right direction.

Bottom line: if you've been sitting on the fence about listing, Parkhill's current numbers don't give you a reason to wait. Check your HonestDoor Price first. Know what your home is actually worth today - not what the city decided it was worth last year.

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.