Rundle, Calgary - July 2026 Real Estate Report

Rundle, Calgary: Your Neighbour Just Got a Reality Check on Their Home Value

If you own a home in Rundle and you're still relying on your city assessment to know what your place is worth, it's time for an update. The market is moving, the numbers are shifting, and the gap between what the city thinks your home is worth and what a buyer will actually pay is wider than you might expect. Here's the real picture.

The Vibe: Houses vs. Condos in Rundle Right Now

Houses - Active, Affordable, and Worth Watching

If you've been watching the "For Sale" signs on our streets, here's what's actually happening. House prices in Rundle averaged $593,114 in recent sales - that's up 10.4% from last month. That's a big jump. But before we get too excited, only 7 houses sold, which is down 30% from the month before. So we're seeing higher prices on fewer deals. That's a market catching its breath, not a full sprint.

• Average sale price (Houses): $593,114 - up 10.4% from last month
• Average list price: $599,999
• Sale-to-list ratio: 93.33% - buyers are negotiating below asking
• Average days on market: 53 days
• Price per square foot: $480
• Properties sold this period: 7
• Predicted market value: $541,492
• Estimated monthly rent: $2,697 with a 5.55% rental yield

That 53-day average on market is worth noting. Our houses are sitting a little longer than the Calgary average, which puts us at rank 53 out of 76 neighbourhoods for selling speed - meaning slower than most. On price, we rank 177 out of 220 neighbourhoods, which actually works in buyers' favour. Rundle is one of the more affordable options in the city. For growth, we sit at rank 166 out of 233 - below average, but the predicted value is still ticking upward, sitting just above the 3-month moving average of $538,258.

Condos - A Small Sample, But a Surprising Story

The condo side of Rundle is a different conversation entirely. Only 1 condo sold recently, so we have to be careful about reading too much into single transactions. But the data points are hard to ignore.

• Average sale price (Condos): $320,000
• Average list price: $233,900
• Sale-to-list ratio: 95.03%
• Average days on market: 28 days
• Price per square foot: $393
• Properties sold this period: 1
• Predicted market value: $771,296
• Estimated monthly rent: $2,379 with a 4.00% rental yield
• HonestDoor Price: $720,452

Condos are moving faster - 28 days on market puts us at rank 26 out of 71 neighbourhoods, which is genuinely quick. And the growth rank? Rundle condos sit at rank 6 out of 216 neighbourhoods in Calgary. That's top-tier on the neighbourhood leaderboard. The predicted value of $771,296 is climbing above the 3-month moving average of $732,025, which signals real upward momentum - even if the transaction volume is thin right now.

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

Here's the thing about your city assessment. It's a snapshot taken months ago, using a formula that doesn't know your renovated kitchen or the new deck you built last summer. It's a static number in a moving market.

The HonestDoor Price is the real-world check. It pulls in current market activity and updates in real time. For Rundle houses, the average HonestDoor Price sits at $539,035 - that's actually 2.09% lower than the average city assessment of $550,535. That gap matters. If you're pricing a sale based on your assessment, you could be starting from the wrong number.

For condos, the story flips dramatically. The average assessed value is $304,373, but the HonestDoor Price is $720,452. That's a 136.70% difference. The city's number and the real-world number are not even in the same conversation. If you own a condo in Rundle and you've been thinking your assessed value reflects what you'd actually pocket in a sale, this is your wake-up call.

The HonestDoor Price has decreased 0.45% for houses and 6.59% for condos from the previous period. That's worth watching. It doesn't mean panic - it means pay attention and get current data before making any decisions.

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

If you're a Rundle homeowner eyeing a summer sale, here's the straight talk.

• House sellers: You have a pricing window right now. Average sale prices jumped 10.4% last month, but buyers are still negotiating - landing at 93.33% of list price on average. Price it right from day one. Overpricing in a 53-day-average market means sitting, and sitting kills momentum.
• Condo owners: The growth rank of 6 out of 216 is a genuine selling point. Condos here are moving faster than most of Calgary. With a predicted value of $771,296 and a HonestDoor Price of $720,452, there's a real conversation to be had about what your unit is actually worth today - not what the city said last year.
• Investors: A 5.55% rental yield on houses and $2,697 estimated monthly rent makes Rundle a solid hold. The Airbnb numbers ($134 per night for houses) are modest - Rundle ranks 249 in Calgary for Airbnb potential - so long-term rental is the stronger play here.
• Neighbours comparing options: Sunridge is running slightly higher on house prices ($571,247 HonestDoor Price vs. our $539,035). Whitehorn and Pineridge are both cheaper and growing slower. Rundle sits in a reasonable middle ground - not the cheapest, not the priciest, but with condo growth that outpaces almost everyone nearby.

Bottom line - check your HonestDoor Price before you do anything else. The city's assessment is already old news. The market is telling a different story, and you want to be reading the right one before summer listings heat up.

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.