Queensland, Calgary - September 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 its own in a Calgary market that's sending mixed signals - and depending on whether you own a house or a condo, the picture looks pretty different right now.

The Vibe: Houses vs. Condos in Queensland

Houses - Strong Prices, But the Volume Is Quiet

We saw 7 houses sell in Queensland recently - that's down 30% from the month before. Fewer sales doesn't always mean bad news, but it does mean buyers have a bit more room to breathe. The average sale price hit $579,214, up 18.4% from last month, which sounds exciting. The catch? Homes are sitting on the market for an average of 35 days, and buyers are paying about 97% of list price. So sellers are getting close to what they're asking, but not everything they're asking.

For context, Diamond Cove next door is moving homes in 23 days. We're taking a little longer. That's worth knowing before you price your listing.

• Average sale price: $579,214
• Price per square foot: $499
• Average days on market: 35
• Sale-to-list ratio: 97.18%
• Predicted market value: $561,516
• Estimated monthly rent: $2,778
• Rental yield: 5.52%
• Growth rank: 66 out of 238 Calgary neighbourhoods - above average
• Price rank: 188 out of 220 - one of the more affordable options in the city

That rental yield of 5.52% is a number worth pausing on. For anyone thinking about holding a property instead of selling, Queensland houses are generating real returns. That's not a small thing in this rate environment.

Condos - Fast When They Move, But Quiet Right Now

The condo side of Queensland is a different story. Only 1 condo sold recently - down 50% from the month before - and it sold in a single day at full list price. When condos do move here, they move fast. Our days-on-market rank is 1 out of 75 Calgary neighbourhoods for condos. That's about as quick as it gets.

The average sale price came in at $290,000, down 19.6% from last month. With only one transaction, that number can swing hard based on what sold. Don't read too much into the month-over-month drop - the predicted market value sits at $379,443, which is actually ticking up from the 3-month average of $378,278.

• Average sale price: $290,000
• Price per square foot: $325
• Average days on market: 1
• Sale-to-list ratio: 100%
• Predicted market value: $379,443
• Estimated monthly rent: $1,854
• Rental yield: 4.12%
• Growth rank: 53 out of 216 Calgary neighbourhoods - above average
• Price rank: 89 out of 175 - below average in price, which means entry-level opportunity

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

Here's the thing about your city assessment - it's a snapshot from months ago, based on data that's already old by the time it lands in your mailbox. The market doesn't wait for paperwork.

For Queensland houses, the average city assessment sits at $573,247. The HonestDoor Price right now is $565,878 - about 1.29% lower. That gap matters. If you're using your assessment to decide what your home is worth today, you might be working with a number that's slightly off. The HonestDoor Price updates in real time, pulling from actual market activity. It's the real-world check, not the government's best guess from last year.

For condos, the story flips. The average assessment is $372,245, but the HonestDoor Price is $377,554 - about 1.43% higher. Your condo may actually be worth more than the city thinks. That's useful information whether you're selling, refinancing, or just keeping score.

• House HonestDoor Price: $565,878 - up 0.78% from last period
• House assessed value: $573,247 - HonestDoor is 1.29% lower
• Condo HonestDoor Price: $377,554 - down 0.50% from last period
• Condo assessed value: $372,245 - HonestDoor is 1.43% higher

Bottom line: don't let a static government number be the last word on what your property is worth. Check your HonestDoor Price. It costs nothing and takes 30 seconds.

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

If you own a house in Queensland and you're thinking about listing this summer, here's the honest read. Prices are up, but competition from nearby neighbourhoods is real. Diamond Cove is pulling buyers who want more space and are willing to pay for it - average HonestDoor Price there is $895,494. Deer Ridge is slightly pricier than us and selling faster. We're affordable by Calgary standards - ranked 188 out of 220 on price - and that's actually a selling point for first-time buyers and people moving up from condos.

Price it right from day one. Homes sitting 35 days are giving buyers negotiating power. The ones that sell fast are priced with the current market in mind, not last year's assessment.

If you own a condo and you're thinking about selling, the low transaction volume cuts both ways. Less competition from other sellers, but also fewer buyers actively shopping. The good news - when a Queensland condo is priced well, it sells in a day. Literally. That's what the data shows. Get your pricing right and you won't be waiting around.

Queensland's neighbourhood growth rate ranks 66 out of 238 Calgary neighbourhoods for houses. That puts us in the top 28% of the city. We're not the flashiest name on the leaderboard, but we're steady - and steady wins for long-term owners who bought smart and are now thinking about cashing out.

Thinking about what your specific home is worth right now? Pull your HonestDoor Price at HonestDoor.com. It's free, it's current, and it's a much better starting point than waiting for the city to tell you.

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.