Pump Hill, Calgary - August 2026 Real Estate Report

Pump Hill Real Talk: Your Home Is Worth More Than the City Thinks - But the Market Is Sending Mixed Signals

If you own a home in Pump Hill and you have not checked your HonestDoor Price lately, now is the time. The city has your property assessed at an average of $1,347,177. The HonestDoor Price says $1,464,408. That is a gap of nearly $117,000 that the tax assessment is simply leaving on the table. More on why that matters in a second.

The Vibe: What Is Actually Happening in Our Neighbourhood Right Now

Pump Hill sits at rank 15 in Calgary for average assessed value. We are in the top tier of this city for property wealth. But the market right now is a bit of a tale of two stories depending on whether you own a house or a condo here.

Houses: Taking a Breather

Let us be straight with you. The house market in Pump Hill is cooling. Here is the snapshot:

• Average sale price: $1,390,000 - down 10.3% from last month
• Average list price this month: $1,499,900
• Price per square foot: $423
• Homes are selling at 92.67% of list price - buyers are negotiating and winning
• Average days on market: 48 days
• Only 1 home sold, down 50% from last month
• Predicted market value: $1,492,202
• Estimated monthly rent: $5,529 with a rental yield of 4.18%
• Growth rank: 124 out of 236 Calgary neighbourhoods
• Price rank: 27 out of 220 Calgary neighbourhoods - we are still among the most expensive

Forty-eight days to sell is not a disaster, but compare that to nearby Palliser where homes are moving in 32 days. Buyers in Pump Hill are taking their time. They know they have options. The sale-to-list ratio of 92.67% means if you list at $1,500,000, expect offers closer to $1,390,000. That is the reality right now.

The predicted value of $1,492,202 is nudging up slightly against the 3-month moving average of $1,490,547, which is a small positive signal. And for context, that predicted value is actually higher than nearby Bayview's $1,294,725 for houses - so Pump Hill still holds its own on the leaderboard.

Condos: The Quiet Outperformer

Here is the part of the Pump Hill story that does not get enough attention. Our condo market is quietly doing well.

• Average HonestDoor Price: $475,894
• Predicted market value: $480,170 - up from the 3-month average of $467,527
• Recent value change: up 4.79%
• Estimated monthly rent: $2,362 with a rental yield of 3.85%
• Growth rank: 19 out of 216 Calgary neighbourhoods

A growth rank of 19 out of 216 puts Pump Hill condos in the top 10% of Calgary right now. That is not a small thing. While the house market is taking a breather, condos here are quietly climbing. The predicted value of $480,170 also beats nearby Palliser condos at $385,917 by a solid margin.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

The city's assessed value is a snapshot from the past. It is calculated using data that can be months or even over a year old by the time it lands in your mailbox. For Pump Hill houses, the average city assessment sits at $1,347,177. The HonestDoor Price is $1,464,408. That is an 8.70% difference - and it reflects what buyers are actually doing in the market right now, not what they were doing when the city last ran its numbers.

Think of the HonestDoor Price as your real-world check. It pulls in current transaction data, listing trends, and neighbourhood-level signals to give you a live read on your property's value. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - the assessed value alone is not enough. The HonestDoor Price is where you start.

Yes, the HonestDoor Price for houses has dipped 1.86% from the previous period. That is worth knowing. It means the market is adjusting, and pricing your home accurately right now is more important than ever.

The So What: Should You Sell in Pump Hill This Summer?

Here is the honest answer. If you own a house in Pump Hill and you are thinking about selling this summer, you can still get a strong price - but you need to go in with clear eyes.

Buyers are negotiating. Homes are sitting for 48 days on average. The sale-to-list ratio tells you that overpricing will cost you time and money. The sellers who will win this summer are the ones who price sharp from day one, not the ones who start high and chase the market down.

The good news is Pump Hill still ranks 27th out of 220 Calgary neighbourhoods for price. We are in the top tier. Demand for this neighbourhood does not disappear - it just gets more selective. With an average rental estimate of $5,451 per month and Airbnb potential of $271 per night (ranked 29th in Calgary for short-term rental income), buyers who are on the fence about purchasing here can also run the numbers as an investment. That is a selling point worth mentioning.

If you own a condo here, the picture is even cleaner. A 4.79% recent value increase and a top-20 growth rank in Calgary means you have momentum on your side. Condo sellers in Pump Hill are in a stronger position heading into summer than the house data might suggest at first glance.

Bottom line - check your HonestDoor Price before you do anything else. Know the gap between what the city thinks your home is worth and what the market is actually saying. That gap is your starting point for every conversation with a realtor, a lender, or a buyer.

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.