Parkhill, Calgary - October 2026 Real Estate Report
Parkhill, Calgary: Your Neighbour Just Got a Better Offer Than You Think
If you own a home in Parkhill and you're still looking at your city assessment to figure out what your place is worth, you're leaving real money on the table. Here's what's actually happening on the ground right now.
The Vibe: Houses vs. Condos
We've got two pretty different stories playing out in Parkhill depending on what you own.
On the house side, things are moving fast. Six houses sold last month - that's up 50% from the month before. The average sale price hit $1,651,500, up 4.9% from last month, and homes are sitting on the market for just 12 days. That days-on-market rank is 9 out of 82 Calgary neighbourhoods. That means we're one of the fastest-selling pockets in the entire city. Buyers are paying 93.19% of list price on average, which sounds like a discount, but with prices climbing this quickly, sellers are still coming out ahead.
The condo side is a different animal. Four condos sold last month, steady from the month before, and they're flying off the shelf in just 8 days - ranking 6th out of 81 Calgary neighbourhoods for speed. Here's the kicker: condos are selling at 100.92% of list price. Buyers are paying over asking. That's a sellers' market signal if we've ever seen one. The average sale price sits at $224,500, which is actually a touch below nearby Elboya at $235,000 - worth knowing if you're pricing competitively.
- House average sale price: $1,651,500 (up 4.9% last month)
- House days on market: 12 days (rank 9 out of 82 in Calgary)
- House price rank: 21 out of 221 Calgary neighbourhoods - among the most expensive
- Condo average sale price: $224,500
- Condo days on market: 8 days (rank 6 out of 81 in Calgary)
- Condo sold-to-list ratio: 100.92% - buyers are paying over asking
The Neighbourhood Leaderboard
Where does Parkhill actually sit in the Calgary pecking order? For houses, our growth rate ranks 87 out of 221 neighbourhoods. That puts us in the above-average tier - not leading the pack, but solidly ahead of most of the city. Year-over-year neighbourhood growth is 0.04%, which is steady rather than explosive. Think of it as a slow burn rather than a spike.
For context, our neighbours are doing this: Elboya houses are averaging an HonestDoor Price of $1,649,340 with slightly faster growth at 0.05%. Roxboro is in a different league at $2,337,770 but growing slower at 0.03%. We sit comfortably between the two in price, which honestly makes Parkhill one of the more accessible entry points into this corridor of Calgary.
On the condo side, our growth rank is 77 out of 207 - again, above average. But the price rank tells a different story: 166 out of 175. Parkhill condos are among the most affordable in Calgary. If you're an investor or a first-time buyer, that combination of fast sales and lower prices is worth paying attention to.
The Secret Sauce: Your HonestDoor Price vs. That City Assessment
Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what sold on your street last week. It doesn't factor in what buyers are actually willing to pay right now.
The HonestDoor Price is the real-world check. For Parkhill houses, the average HonestDoor Price is $1,158,457 - that's 3.83% higher than the average city assessment of $1,115,700. For condos, the gap is even wider. The average HonestDoor Price is $452,807, which is 11.76% above the average assessed value of $405,146. That's a meaningful difference when you're making decisions about selling, refinancing, or even just understanding your net worth.
Yes, both the house and condo HonestDoor Prices have dipped slightly - down 1.30% and 1.44% respectively from the previous period. The market is taking a small breather. But they're still running well ahead of what the city has on file for your property.
- House HonestDoor Price: $1,158,457 (vs. city assessment of $1,115,700)
- House HonestDoor Price gap: 3.83% above assessment
- Condo HonestDoor Price: $452,807 (vs. city assessment of $405,146)
- Condo HonestDoor Price gap: 11.76% above assessment
- 526 properties assessed in Parkhill this year
The So What: Should You Sell in Parkhill This Summer?
If you own a house in Parkhill and you've been sitting on the fence, the data is nudging you toward action. Prices are up, buyers are moving quickly, and your home is likely worth more than your last assessment suggests. With only 34 total property transactions recorded in 2026 so far across the neighbourhood, inventory is tight. Less competition from other sellers usually means more leverage for you.
The predicted market value for Parkhill houses sits at $1,173,771, and that number is ticking upward from the 3-month moving average of $1,170,799. Small move, but it's going in the right direction. Rental demand is also real - estimated rent of $4,543 per month with a 4.66% rental yield means if your sale timeline shifts, holding and renting is a legitimate backup plan.
For condo owners, the story is equally interesting. Your predicted market value is $452,807 but it's slightly cooling from the 3-month average of $463,249. If you're thinking about selling, sooner rather than later makes sense. Buyers are paying over asking right now - that window doesn't stay open forever.
Bottom line: check your HonestDoor Price before you do anything else. It's the number that reflects today's market, not last year's paperwork.
parkhill | calgary | 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.