Sage Hill, Calgary - July 2026 Real Estate Report

Sage Hill Real Talk: Your Home Is Probably Worth Less Than the City Thinks

If you have been glancing at your latest city assessment and feeling pretty good about your property value, hold on. The numbers on the ground in Sage Hill right now tell a different story - and it is worth knowing before you make any big moves this summer.

The Vibe: Houses vs. Condos

Houses - Active But Taking a Breather

Sales picked up in a big way last month - 30 houses sold, which is up 36.4% from the month before. That sounds exciting, but do not let it fool you. The average sale price sits at $640,467, down 0.3% from last month, and homes are sitting on the market for an average of 65 days. That days-on-market number ranks 62nd out of 76 comparable neighbourhoods in Calgary. In plain terms, our houses are among the slowest-selling in the city right now.

Buyers are also negotiating. On average, houses are selling at 97.73% of list price - meaning sellers are giving ground. If you list at $650,000, expect to close closer to $635,000. The price-per-square-foot is around $364, and the growth rate ranks 157th out of 233 Calgary neighbourhoods. We are sitting in below-average territory on that leaderboard.

• Average sale price: $640,467 (down 0.3% from last month)
• Average list price: $649,369
• Price per sq ft: $364
• Sale-to-list ratio: 97.73%
• Average days on market: 65
• Properties sold this month: 30
• Predicted market value: $686,753
• Estimated monthly rent: $3,215
• Rental yield: 5.28%
• Neighbourhood growth rank: 157 out of 233 in Calgary

Condos - A Small Bright Spot, But Read the Fine Print

Condo prices actually nudged up 3.3% last month, with an average sale price of $291,750. That is a welcome sign. But only 4 units sold, which is a thin sample - one or two deals can swing that number easily. Condos are sitting on the market for 34 days on average, which is slower than nearby Kincora at 20 days and Nolan Hill at 22 days. The growth rate ranks 159th out of 216 Calgary neighbourhoods - also below average on the leaderboard.

The rental story for condos is decent. At $1,870 per month in estimated rent against a predicted value of $376,614, the rental yield comes in at 4.10%. Not a home run, but respectable for a long-term hold. The predicted value also edges out nearby Kincora at $357,388, which is a small win for us.

• Average sale price: $291,750 (up 3.3% from last month)
• Average list price: $282,400
• Price per sq ft: $412
• Sale-to-list ratio: 95.33%
• Average days on market: 34
• Properties sold this month: 4
• Predicted market value: $376,614
• Estimated monthly rent: $1,870
• Rental yield: 4.10%
• Neighbourhood growth rank: 159 out of 216 in Calgary

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

Here is the thing about city assessments - they are a snapshot from the past. The city assessed the average Sage Hill house at $716,036. The average HonestDoor Price is $676,370. That is a gap of roughly $40,000. If you are making decisions based on the city number, you are working with stale data.

The HonestDoor Price updates in real time using actual market activity. Right now it is showing a 1.51% decrease from the previous period for houses. The city assessment has not caught up to that. For condos, the HonestDoor Price of $368,239 is actually 1.06% above the assessed value of $364,380 - so the picture is different depending on what you own.

Bottom line: your assessment tells you what the city thought your home was worth months ago. The HonestDoor Price tells you what the market thinks today. Those are two very different numbers, and right now the gap is real money.

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

If you are a house owner eyeing a summer sale, the market is not against you - but it is not doing you any favours either. Homes are moving slowly, buyers are negotiating below list price, and the neighbourhood growth rate is sitting in the bottom half of Calgary. Pricing sharp from day one is not optional right now - it is the whole strategy. Overpricing and chasing the market down is how you end up sitting for 65-plus days and still giving up money at the table.

For condo owners, the picture is similar. Prices ticked up last month, but the sample size is small and the days-on-market trend is slower than our neighbours. If you are serious about selling, move before the summer inventory surge gives buyers even more options to choose from.

One more thing worth knowing - Sage Hill ranked 21st in Calgary for total property transactions in 2026, with 132 deals done. That means there is real activity here. Buyers exist. The key is meeting the market where it actually is, not where the tax assessment says it should be. Check your HonestDoor Price first. It is the real-world number you need before you call your agent.

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.