Queensland, Calgary - August 2026 Real Estate Report

Queensland, Calgary: What Your Neighbour Hasn't Told You Yet

If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the straight story. Queensland is holding steady - not setting the world on fire, but not falling apart either. For most homeowners here, that's actually good news. Here's why.

The Vibe: Houses vs. Condos

Houses - Solid Ground, Affordable Entry

We're sitting in a stable buyers' market for houses right now, and the numbers back that up. Homes are selling at 98.76% of list price - meaning buyers are getting a small discount, but sellers aren't getting crushed. That's a healthy spread.

• Average sale price: $489,058
• Current average listing price: $506,760
• Price per square foot: $481
• Average days on market: 25
• 10 properties sold recently - volume is steady
• Predicted market value: $560,308 - up from the 3-month average of $553,905
• Rental yield: 5.52% - that's a strong return for investors
• Estimated monthly rent: $2,771

Here's a stat worth bragging about at the block party: our house growth rate ranks 77 out of 236 Calgary neighbourhoods. That puts us in the above-average tier on the city leaderboard. We're not leading the pack, but we're ahead of more than half the city. Days on market rank is 23 out of 77 - meaning we sell moderately fast compared to similar areas. And our price rank of 204 out of 220 tells us we're among the most affordable in Calgary - which is a serious draw for buyers priced out of pricier pockets.

One thing to watch: houses here are taking 25 days to sell versus 23 days in nearby Diamond Cove. Not a crisis, but a sign the market is taking a small breather compared to our neighbours.

Condos - A Mixed Bag Worth Watching

The condo story in Queensland is a bit more nuanced. Sales volume is thin - only 2 units sold recently - so every transaction moves the needle. Buyers are paying 97.20% of list price, which means there's room to negotiate if you're shopping.

• Average sale price: $360,500
• Current average listing price: $389,900
• Price per square foot: $340
• Average days on market: 26
• Predicted market value: $373,941
• 3-month moving average: $376,968 - values are dipping slightly
• Rental yield: 4.13% - moderate, but still positive
• Estimated monthly rent: $1,834
• Recent value change: -1.72%

On the neighbourhood leaderboard, our condos rank 128 out of 216 in growth - that's below average for Calgary right now. The predicted value is slipping compared to the 3-month trend, so condo owners should pay close attention to their real-time pricing, not last year's assessment. The one bright spot: we're selling faster than nearby Deer Ridge (26 days vs. 27), which suggests demand isn't gone - it's just selective.

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

Here's the thing about your city assessment - it's a snapshot from months ago, calculated on a formula that doesn't know your renovated kitchen or the new park down the street. It's a tax tool, not a selling tool.

The HonestDoor Price is updated in real time, using actual market activity. And right now, the gap between the two numbers tells a very different story depending on what you own.

• Houses: The average assessed value is $573,784. The HonestDoor Price is $562,068 - that's 2.04% lower than the city's number. If you're pricing your house based on your assessment, you may be starting too high and sitting on the market longer than you need to.
• Condos: The average assessed value is $372,299. The HonestDoor Price is $378,879 - actually 1.77% higher than the assessment. Condo owners here are being undervalued by the city's paperwork. That's money being left on the table.

The HonestDoor Price for houses has nudged up 0.31% from the previous period. Condos are up 1.32%. Both are moving - and neither of those moves shows up in a static government assessment until next year. That's why checking your HonestDoor Price now is the real-world check your assessment can't give you.

The "So What?" - Thinking About Selling This Summer?

If you're a house owner in Queensland and thinking about listing this summer, the timing is reasonable - but be sharp about your price. The market is stable, not surging. Buyers are paying just under list price, so padding your ask with too much cushion will cost you days on market. Price it right from day one and you'll move it in under a month.

If you own a condo, the picture calls for more caution. Values have dipped 1.72% recently and the 3-month trend is softening. That doesn't mean don't sell - it means don't wait and hope for a big jump. If your life circumstances make selling the right move, act sooner rather than later and lean on your HonestDoor Price to set realistic expectations.

For anyone thinking about this neighbourhood as a rental investment, the house numbers are genuinely attractive. A 5.52% rental yield with an average rent of $2,771 per month is hard to argue with in today's market. Queensland isn't the flashiest name in Calgary real estate - but with 1,468 assessed properties, 59 transactions in 2026, and a growth rank that beats more than half the city, it's the kind of neighbourhood that quietly delivers.

Bottom line: Queensland is doing what good, stable neighbourhoods do. It's not making headlines - it's making sense.

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.