Pump Hill, Calgary - September 2026 Real Estate Report

Pump Hill, Calgary: Still One of the Most Expensive Addresses in the City - But the Market Is Telling You Something

If you own a home in Pump Hill and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment says one thing. The real world says another. And right now, the gap between those two numbers is worth paying attention to.

The Vibe: What's Actually Happening on Our Streets

Let's split this into what we're seeing for houses versus condos, because the two stories are pretty different.

Houses: Premium Address, Patient Market

Pump Hill houses are still among the priciest in Calgary - ranked 22nd out of 220 neighbourhoods on price. That's a top 10% address. But the market is taking a breather, and sellers need to know that going in.

• Average sale price: $1,390,000
• Average list price right now: $1,499,900
• Homes are selling at 92.67% of list price - meaning buyers are negotiating, and winning
• Average days on market: 48 days - slower than nearby Palliser at 32 days
• Only 1 property sold in the most recent period, with 23 total transactions in 2026
• Price per square foot: $423
• Predicted market value: $1,464,408
• That predicted value is down from the 3-month moving average of $1,485,315
• Recent value change: -1.86%
• Growth rank: 192 out of 238 neighbourhoods - bottom tier on the Calgary leaderboard

Here's what that 48-day average actually means for us: buyers are not rushing. They're touring, thinking, and coming in with lower offers. The 92.67% sale-to-list ratio tells you that if you price at $1,499,900, you should mentally prepare to land closer to $1,390,000. That's not a disaster - it's just the current reality of this market.

The rental picture is stronger. Estimated rent sits at $5,451 per month with a 4.21% rental yield. That's a reasonable return for a property in this price range, and it gives owners a real option if selling conditions don't feel right.

Condos: A Different Story - Prices Are Actually Climbing

Pump Hill condos are a smaller slice of the market, but there's something interesting happening here. While the HonestDoor Price has dipped 5.59% from the previous period, the predicted market value of $475,894 is actually trending up from the 3-month moving average of $471,422. That's a split signal worth watching.

• Average HonestDoor Price: $449,278 - down 5.59% from last period
• Predicted market value: $475,894 - trending upward
• Estimated rent: $2,340 per month
• Rental yield: 3.85%
• Airbnb estimate: $111 per night
• Growth rank: 124 out of 216 neighbourhoods - below average, but not at the bottom
• Nearby Palliser condos are predicted at $400,188 - Pump Hill still carries a premium

For condo owners here, the short-term dip in the HonestDoor Price doesn't erase the fact that your predicted value is still climbing on a 3-month basis. That's a more useful signal than a single-period snapshot.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

The city assessed the average Pump Hill house at $1,347,177. The average HonestDoor Price is $1,460,347. That's a gap of roughly $113,000 - and that gap is 8.40% higher than the average assessed value in Calgary.

Why does this matter? Because the city's assessment is a snapshot frozen in time. It doesn't update when the market moves, when a nearby home sells for a surprising number, or when buyer demand shifts month to month. The HonestDoor Price pulls from real, current transaction data and updates continuously. It's the difference between checking yesterday's weather and looking out the window right now.

If you're making any financial decision tied to your home - refinancing, selling, estate planning, or just curious - the HonestDoor Price is the number that reflects what a buyer would actually pay today. The assessment is what the city uses for tax purposes. Those are two very different things.

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

Here's the straight talk for Pump Hill homeowners eyeing a summer sale.

You own one of the most expensive properties in Calgary - top 10% on price. That's real. But the neighbourhood growth rank of 192 out of 238 means Pump Hill is not leading the city's appreciation race right now. Nearby Palliser, Bayview, and Braeside are all posting positive growth while Pump Hill sits at -0.02% year over year. That's not a crisis, but it's a signal.

Buyers in this price range are informed, patient, and negotiating hard. The 48-day average market time and the 92.67% sale-to-list ratio confirm that. If you list at $1,499,900 expecting full price, the data says you'll likely be disappointed. Price sharp from day one and you'll move faster. Overprice and you'll sit - and a listing that sits in a luxury market starts to feel stale quickly.

The Airbnb rank of 29 in Calgary is a genuine asset if you're not ready to sell. At $270 per night, Pump Hill has real short-term rental appeal that most of the city can't match. That's a legitimate hold strategy while you wait for market conditions to improve.

Bottom line: Pump Hill is still a prestige address. The fundamentals are solid. But this is a buyer's market right now, and pretending otherwise will cost you time and money. Check your HonestDoor Price, price your home to the current reality, and you'll be in a much stronger position than the neighbour who lists based on what they think their home is worth.

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.