Scarboro, Calgary - September 2026 Real Estate Report

Scarboro, Calgary: Your Home Is Worth More Than the City Thinks

If you own a home in Scarboro and you have not checked your HonestDoor Price lately, you are probably leaving real money on the table. The city's assessment says the average house here is worth $1,321,496. The HonestDoor Price says $1,402,751. That is an $81,000 gap - and that gap matters when you are making decisions about selling, refinancing, or just figuring out where you stand.

The Vibe: Houses vs. Condos in Scarboro Right Now

These two property types are telling very different stories right now, and if you live here, you need to know which one applies to you.

Houses - Still the Star of the Show

Houses in Scarboro are holding serious value. We are talking about a predicted market value of $1,435,893, which is actually creeping up past the 3-month moving average of $1,423,502. That is a good sign - it means momentum is still pointing in the right direction for homeowners.

• Average HonestDoor Price: $1,402,751
• Predicted Market Value: $1,435,893
• Average Sale Price (2026): $1,237,000
• List Price: $1,250,000 average this month
• Price Per Square Foot: $615
• Sold-to-List Ratio: 98.96% - buyers are paying close to asking, but just under
• Average Days on Market: 14 days - ranked 13 out of 82 Calgary neighbourhoods (that is very fast)
• Estimated Monthly Rent: $5,328
• Rental Yield: 4.24%
• Neighbourhood Leaderboard - Growth Rank: 77 out of 238 Calgary neighbourhoods (above average)
• Price Rank: 20 out of 220 Calgary neighbourhoods (top tier)

Yes, the average sale price is down 25% from last month - but with only 1 transaction recorded, that number is more of a snapshot than a trend. One sale does not make a market. What we can say is that houses here are still selling fast, still commanding premium prices, and still sitting well above what neighbours in Sunalta and Bankview are getting.

Condos - Taking a Breather

The condo side of Scarboro is a different conversation. Values are sliding a bit, and the market is moving slowly. If you own a condo here, you need to go in with clear eyes.

• Average HonestDoor Price: $372,538 (down 3.63% from last period)
• Predicted Market Value: $386,575 (down from the 3-month average of $391,450)
• Average Sale Price (2026): $549,000
• List Price: $579,900 average this month
• Price Per Square Foot: $385
• Sold-to-List Ratio: 94.67% - buyers are negotiating real discounts here
• Average Days on Market: 166 days - ranked 73 out of 75 Calgary neighbourhoods (very slow)
• Estimated Monthly Rent: $1,985
• Rental Yield: 4.01%
• Neighbourhood Leaderboard - Growth Rank: 147 out of 216 Calgary neighbourhoods (below average)
• Price Rank: 22 out of 175 Calgary neighbourhoods (still expensive relative to the city)

The 166-day average time on market is the number that stands out. That is not a fast market - that is a market where buyers have options and are not rushing. If you own a condo in Scarboro and are thinking about selling, pricing strategy is everything right now.

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

Here is the thing about your city assessment - it is calculated once a year using data that is already months old by the time it lands in your mailbox. It is a backward-looking number built for tax purposes, not for real-world decisions.

The HonestDoor Price is updated in real time. It pulls in current sales data, market shifts, and what is actually happening on the ground in Scarboro right now. For houses, that means a price of $1,402,751 - which is 6.15% higher than the average assessed value across Calgary. That is not a small difference. That is the difference between knowing what your home is worth today versus what a government spreadsheet thought it was worth last year.

If you are a homeowner in Scarboro, your HonestDoor Price is the number to bookmark. It is your real-world check - the figure that reflects what a buyer would actually pay, not what the city decided to tax you on.

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

If you own a house in Scarboro and are considering selling this summer, the conditions are still working in your favour - but the window is worth paying attention to.

Houses here are ranked 20 out of 220 Calgary neighbourhoods by price. That puts Scarboro in the top tier of the city. Homes are selling in an average of 14 days, which means serious buyers are out there and moving quickly. The sold-to-list ratio of 98.96% tells us buyers are not getting massive discounts - they are paying close to what sellers are asking.

The one thing to watch: the HonestDoor Price has dipped 2.31% from the previous period. That is not a crash - it is a nudge. It suggests that if selling is on your radar, sooner is better than later while demand is still strong and days on market are still low.

For condo owners, the calculus is different. With 166 average days on market and a sold-to-list ratio of 94.67%, buyers in that segment have leverage. Pricing your condo right from day one - not high with room to negotiate - is the move that gets it sold without sitting through the summer.

Bottom line: Scarboro is still one of Calgary's premium addresses. Houses here are holding their ground and selling fast. Condos need a sharper strategy. And whatever you do, check your HonestDoor Price before you make any moves - it is the most current number you have got.

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.