Ramsay, Calgary - September 2026 Real Estate Report

Ramsay Real Talk: Your Home Is Worth More Than the City Thinks

If you own a place in Ramsay and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment is sitting at an average of $835,464 - but the real-world number is closer to $876,253. That's a gap of nearly $41,000 that the tax office is quietly ignoring. Here's what's actually going on in our neighbourhood right now.

The Vibe: Houses vs. Condos

These two markets are telling very different stories right now, and if you own in Ramsay, you need to know which one you're in.

Houses: Fast, Competitive, and Climbing

Houses in Ramsay are moving. Eight sales this month, an average of just 14 days on market, and a days-on-market rank of 13 out of 82 Calgary neighbourhoods - that puts us in the "blink and you'll miss it" category for speed. Buyers are paying 98.2% of list price, which means almost nobody is getting a deal. The average sale price hit $991,325 this month, up 13.1% from last month. That's not a typo.

• Average sale price: $991,325 (up 13.1% month over month)
• Average list price: $899,800
• Price per square foot: $612
• Average days on market: 14
• Properties sold this month: 8
• Sale-to-list ratio: 98.2%
• Predicted market value: $877,556
• Estimated rent: $3,764 per month
• Rental yield: 5.00%

One thing worth watching: the predicted market value of $877,556 is drifting slightly below the 3-month moving average of $881,930, and recent property value change sits at -1.05%. Growth ranks 161 out of 238 Calgary neighbourhoods - below average on that leaderboard. So the sales are strong right now, but the longer trend is worth keeping an eye on. The neighbourhood isn't sprinting ahead on growth, but it's selling fast when listings hit.

Condos: A Different Animal Entirely

Ramsay condos are in a league of their own - and we mean that literally. The average HonestDoor Price for a Ramsay condo is $1,264,825, up 0.24% from the previous period. That's not a typo either. Compare that to nearby neighbourhoods: Downtown East Village condos average $300,152, Inglewood sits at $352,099, and Erlton comes in at $543,836. Ramsay condos are priced well above all of them.

• Average HonestDoor Price: $1,264,825 (up 0.24%)
• Predicted market value: $1,261,754
• 3-month moving average: $1,269,191
• Estimated rent: $4,660 per month
• Rental yield: 3.24%
• Airbnb estimate: $230 per night
• Airbnb rank in Calgary: 18 out of all neighbourhoods
• Growth rank: 47 out of 216 Calgary neighbourhoods - above average

That Airbnb rank of 18 in all of Calgary is a serious number. If you own a Ramsay condo and you're not at least thinking about short-term rental potential, you're leaving money on the table. Growth ranking 47 out of 216 puts Ramsay condos firmly in the upper tier of Calgary neighbourhoods on the leaderboard - a very different picture than the house side of the market.

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, built on a formula that doesn't know your renovated kitchen or the fact that your street just got a lot more desirable. The HonestDoor Price is updated in real time, pulling from actual market activity. For Ramsay houses, that means a live estimate of $877,556. For condos, it's $1,264,825. Both numbers are moving right now, not sitting still waiting for next year's assessment cycle.

For houses, the HonestDoor Price is already 4.88% above the average city assessment across Calgary. That gap is real money. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the assessment number is the wrong starting point. The HonestDoor Price is the real-world check.

Ramsay also has 811 assessed properties and recorded 41 transactions in 2026. That's enough market activity to make the data meaningful, not just a few outlier sales skewing the picture.

The So What: Thinking About Selling This Summer?

If you're a Ramsay homeowner eyeing a summer sale, the house market is giving you a window right now. Properties are selling in two weeks, buyers are paying close to full ask, and the average sale price just jumped to nearly a million dollars. That kind of momentum doesn't last forever - and with growth ranking 161 out of 238 on the Calgary leaderboard, Ramsay isn't leading the city in appreciation. The strength is in the speed and the current price level, not a runaway growth curve.

For condo owners, the story is different but also compelling. You're sitting in a top-50 growth neighbourhood out of 216 in Calgary, your Airbnb potential ranks top-20 in the city, and your HonestDoor Price is holding above $1.26 million. Buyers looking at nearby neighbourhoods will find nothing close to that price point - which means Ramsay condo buyers are a specific, motivated group. If your unit is sharp and priced right, you're not competing with the rest of the city. You're in your own category.

Bottom line: check your HonestDoor Price before you do anything else. The city's number and the market's number are not the same thing - and in Ramsay right now, that difference matters.

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.