Section 23, Calgary - September 2026 Real Estate Report

Section 23, Calgary: What Your Neighbours Are Not Telling You About Home Values Right Now

The Vibe - What Is Actually Happening on the Ground

If you have been watching the "For Sale" signs in Section 23, the story splits hard depending on what type of property you own. We are not all in the same boat here, and the numbers make that very clear.

For houses, the HonestDoor Price is sitting at an average of $1,993,830 - up 1.20% from the previous period. That is a solid number. The predicted market value for houses comes in at $1,970,270, which is nudging slightly below the 3-month moving average of $1,980,314. In plain terms, house values are drifting down just a touch right now, about -0.67% recently. Not a crash, not a panic - just the market taking a breather. On the neighbourhood leaderboard, Section 23 houses rank 135 out of 238 Calgary neighbourhoods for growth. That puts us in the below-average tier, which is worth knowing before you price anything.

Condos are a different conversation entirely. The average HonestDoor Price for condos is $53,900 - down 10.91% from the previous period. The predicted value sits at $60,500, falling from a 3-month moving average of $61,300, with a recent change of -7.07%. On the condo leaderboard, Section 23 ranks 197 out of 216 Calgary neighbourhoods. That puts us near the bottom of the pack. If you own a condo here, that number deserves your full attention.

• House HonestDoor Price: $1,993,830 (up 1.20%)
• House predicted market value: $1,970,270
• House 3-month moving average: $1,980,314
• House rental estimate: $6,206 per month
• House rental yield: 4.41%
• House Airbnb estimate: $308 per night
• House Airbnb rank in Calgary: 16th
• House growth rank: 135 out of 238 Calgary neighbourhoods
• Condo HonestDoor Price: $53,900 (down 10.91%)
• Condo predicted market value: $60,500
• Condo 3-month moving average: $61,300
• Condo rental estimate: $300 per month
• Condo rental yield: 4.30%
• Condo growth rank: 197 out of 216 Calgary neighbourhoods

How We Stack Up Against the Neighbours

For house owners, Section 23 is still the priciest address in the immediate area. Great Plains averages $1,220,950, 12 K sits at $1,814,480, and East Shepard Industrial comes in at $1,595,478. We are leading that pack by a wide margin. The predicted value here also beats nearby 12 K, which clocks in at $1,800,660.

For condos, the picture flips. Great Plains ($256,850), East Shepard Industrial ($74,383), and even South Foothills ($55,900) are all priced higher than the Section 23 condo average. That is a signal worth sitting with if you own a condo here.

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

Here is the thing about your city assessment - it is a snapshot taken months ago, sometimes longer. It does not know what happened to condo values in the last quarter. It does not know that house prices in Section 23 just ticked up 1.20%. It is working with old film in a digital world.

The HonestDoor Price is updated in real time. It is pulling from actual market signals right now, not last year's data. For house owners, that means your real-world value is likely higher than what the city has on file. For condo owners, it means the drop is already baked into the HonestDoor number - so you are not getting a false sense of security from an outdated assessment that has not caught up to the decline yet.

Checking your HonestDoor Price today is not just a curiosity. It is the difference between pricing right and pricing blind.

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

If you own a house in Section 23 and you are thinking about listing this summer, the window is real but it is not wide open forever. Values are still strong at nearly $2 million on average, and the short-term rental angle is genuinely compelling - a 16th place Airbnb rank in all of Calgary at $308 per night is a serious selling point for the right buyer. Lead with that. Price it sharp relative to the 3-month moving average, because buyers are watching that drift downward and they know it.

If you own a condo here, the honest advice is this - do not wait. A -7.07% recent change and a growth rank of 197 out of 216 neighbourhoods tells you the momentum is not on your side right now. Sitting on the sidelines hoping for a rebound without a clear reason for one is a gamble. Get your HonestDoor Price, talk to an agent who knows this pocket of Calgary, and make a decision based on real numbers - not hope.

Either way, the first move is the same. Pull your HonestDoor Price today and know exactly where you stand before anyone else does.

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.