Rundle, Calgary - October 2026 Real Estate Report
Rundle, Calgary Real Talk: Your Home Is Worth More Than the City Thinks - Or Is It?
If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the straight story. Rundle is moving. Houses are selling fast, condos are quietly doing something interesting, and the city's assessment number on your tax notice is not the number you should be quoting at a backyard barbecue.
The Vibe: Houses vs. Condos in Rundle Right Now
Let's break down what we're actually seeing on the ground in our neighbourhood.
Houses
Houses in Rundle are the real story this season. The average sale price is sitting at $598,833 - up 3.2% from last month. That is not a small move. Six homes sold recently, and they averaged just 11 days on the market before going under contract. For context, that speed ranks 8th out of 82 comparable neighbourhoods in Calgary. We are near the top of the leaderboard for fast-selling properties.
- Average sale price: $598,833 (up 3.2% from last month)
- Average list price this month: $563,999
- Price per square foot: $479
- Homes selling at 98.58% of list price - buyers are paying close to full ask
- Average days on market: 11
- Predicted market value: $535,808
- Estimated monthly rent: $2,673
- Rental yield: 5.57%
- Growth rank: 97 out of 221 Calgary neighbourhoods - above average
The predicted value of $535,808 is ticking up from the 3-month moving average of $535,516. Small movement, but it is moving in the right direction. A 5.57% rental yield is genuinely strong - that is the kind of number that gets investors paying attention to our streets.
Condos
Condos in Rundle are a different conversation, and honestly a surprising one. Only one condo sold recently, so we are working with a thin slice of data here. But the HonestDoor Price for condos is $720,505 - up 2.18% from the previous period. The predicted market value sits at $705,140, climbing from a 3-month average of $701,186.
- Average sale price: $320,000
- Average list price this month: $233,900
- Price per square foot: $393
- Properties selling at 95.03% of list price
- Average days on market: 28
- Predicted market value: $705,140
- Estimated monthly rent: $2,225
- Rental yield: 4.03%
- Growth rank: 12 out of 207 Calgary neighbourhoods - top performers
That growth rank is the headline for condos. 12th out of 207 neighbourhoods puts Rundle condos near the very top of Calgary's leaderboard for value growth. The rental yield of 4.03% is moderate, but with values climbing at 4.30% recently, the total return picture looks solid for anyone holding a condo here.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about the city's assessed value - it is a snapshot from the past. The assessment process looks backward. By the time that number lands in your mailbox, the market has already moved on.
For houses in Rundle, the city's average assessed value is $550,162. The HonestDoor Price is $524,069. That gap of roughly $26,000 is not just a number - it is the difference between pricing your home based on stale data versus real-world market signals. The HonestDoor Price pulls from actual recent transactions and live market movement. It is updated in real time, not once a year.
For condos, the gap is even more striking. The city's average assessed value is $304,254. The HonestDoor Price is $720,505. That is a 136.81% difference. If a condo owner in Rundle is making any financial decision - refinancing, selling, estate planning - using the city's number would be a serious mistake. The HonestDoor Price is the real-world check that reflects what buyers are actually willing to pay today.
With 2,485 houses and 484 condos assessed this year, and 121 house transactions already recorded in 2026, there is enough real activity in Rundle to make these estimates meaningful. This is not a quiet street with two sales a year. We have data to work with.
The "So What?" - Thinking About Selling This Summer?
If you are a Rundle homeowner eyeing a summer sale, here is what the numbers are telling us.
For house sellers, the timing is genuinely decent. Homes are moving in 11 days on average. Buyers are paying 98.58% of list price - that means if you price it right, you are not leaving much on the table. The average sale price of $598,833 is running above the HonestDoor predicted value of $535,808, which suggests the active market is rewarding well-presented, well-priced listings right now. Do not anchor your price to the city's $550,162 assessment. Use the HonestDoor Price as your starting point and work with current comparables.
For condo sellers, the story is about patience and positioning. With only one recent sale and 28 days on market, this is a slower segment. But that growth rank of 12th in Calgary is a real asset to highlight. Values are climbing. If you are not in a rush, holding through the summer while the market catches up to the HonestDoor Price of $720,505 could make sense. If you need to move quickly, price sharp - buyers in this segment are paying 95.03% of list, so there is some negotiation happening.
Compared to neighbours like Sunridge (house HonestDoor Price $561,374) and Whitehorn ($509,089), Rundle sits in a competitive middle ground. We are not the most expensive block on the street, but our transaction volume - ranked 47th in all of Calgary - means buyers are actively choosing Rundle. That is a selling point worth using.
Bottom line: check your HonestDoor Price before you do anything else. It takes about 30 seconds and it will tell you more about your home's real value than any tax notice ever will.
rundle | calgary | october 2026This 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.