Shaganappi, Calgary - October 2026 Real Estate Report
Shaganappi Real Estate Check-In: What Your Neighbour Hasn't Told You Yet
The Vibe Right Now
If you've been watching the "For Sale" signs on your block, here's what's actually happening. Shaganappi is a tale of two markets right now - houses and condos are moving in very different directions, and knowing which one you own matters a lot heading into summer.
Houses: Taking a Breather
Let's be straight with each other. The house market in Shaganappi is cooling off. The average sale price for houses sits at $791,067 - that's down 16% from last month. Only 6 houses sold, and they're sitting on the market for an average of 62 days before finding a buyer. Sellers are also getting about 96 cents on every dollar of list price, which means buyers have some room to negotiate right now.
The predicted market value for a house here is $922,009, but that number is sliding - it's down from a 3-month moving average of $929,095. On the neighbourhood leaderboard, Shaganappi houses rank 177 out of 221 Calgary neighbourhoods for growth. That puts us in the bottom tier for momentum right now. Not a crisis, but not a hot streak either.
- Average sale price: $791,067 (down 16% from last month)
- Active listings averaging: $997,967
- Price per square foot: $519
- Average days on market: 62
- Sale-to-list ratio: 96.02%
- Rental yield: 4.90%
- Estimated monthly rent: $3,903
- Growth rank: 177 out of 221 Calgary neighbourhoods
Condos: A Different Story - But Watch Closely
Condo owners, your HonestDoor Price is doing something interesting. The average HonestDoor Price for condos in Shaganappi is $599,462 - up 4.32% from the previous period. That's a real bump. But here's the catch: the predicted market value has slipped to $574,655, down from a 3-month moving average of $596,104, and recent property value change sits at -4.81%. So the momentum that was building has started to reverse.
Only 1 condo sold recently, and it took 63 days to find a buyer - slower than both Rosscarrock (33 days) and Spruce Cliff (56 days). On the leaderboard, Shaganappi condos rank 185 out of 207 for growth. We're sitting near the bottom of the pack on that one. The price rank of 150 out of 175 also puts us among the more affordable condo options in the city - which cuts both ways depending on whether you're buying or selling.
- Average sale price: $304,000
- HonestDoor Price: $599,462 (up 4.32%)
- Price per square foot: $628
- Average days on market: 63
- Sale-to-list ratio: 97.73%
- Rental yield: 3.78%
- Estimated monthly rent: $2,506
- Growth rank: 185 out of 207 Calgary neighbourhoods
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's something most Shaganappi homeowners don't realize. The city's assessed value for houses here averages $909,985. That number was calculated using data that is already months old by the time it lands in your mailbox. The HonestDoor Price for houses - $914,056 - is recalculated in real time using actual market activity. Right now, that's 0.45% above the city's assessment, which means the city is actually close on houses. But for condos, the gap is enormous. The city's average condo assessment is $304,353. The HonestDoor Price is $599,462. That's a 96.96% difference. If you own a condo in Shaganappi and you're making any financial decision - refinancing, selling, even just understanding your net worth - using the city's number is like navigating with a map from a different decade.
The HonestDoor Price is your real-world check. It moves with the market. The city's assessment does not.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Shaganappi and you're thinking about listing this summer, the window is still open - but it's not as wide as it was a few months ago. Prices are softer, buyers are taking their time (62 days on average), and you'll likely need to price sharp to avoid sitting. The good news is that at $519 per square foot and a price rank of 64 out of 221 in Calgary, Shaganappi houses are still considered above average in value. You have something worth selling - just set realistic expectations on the final number.
If you own a condo, the honest answer is that this summer is tricky. The market is slow, values have dipped recently, and you're competing in a segment that ranks near the bottom for growth. If you don't need to sell, waiting for the market to find its footing might be the smarter play. If you do need to sell, price it to move - buyers in this segment know they have options.
Either way, pull your HonestDoor Price before you do anything else. It takes 30 seconds and it gives you a number that actually reflects today's market - not last year's paperwork.
shaganappi | 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.