Spruce Cliff, Calgary - October 2026 Real Estate Report
Spruce Cliff, Calgary: Your Home Is Worth Way More Than the City Thinks
If you have not looked at your property value lately, here is the short version - the city's assessment and what your home actually sells for are living in two completely different realities right now. And the gap is massive.
The Vibe: What Is Actually Happening on Our Streets
Spruce Cliff is a neighbourhood of two stories right now, and they depend entirely on what type of property you own. Here is how houses and condos are each playing out.
Houses - Strong Prices, But Taking a Breather
If you have been watching the "For Sale" signs in Spruce Cliff, here is what is actually happening with houses. The market is cooling off a little. Sale prices averaged $824,500 this month, which is down 11.8% from last month. Listings are sitting at $959,967 on average, and homes are selling for about 98% of asking - meaning buyers are getting a small discount, but sellers are not giving the place away.
- Average sale price: $824,500 (down 11.8% from last month)
- Average list price: $959,967
- Price per square foot: $543
- Sale-to-list ratio: 98.06% - buyers are paying just under asking
- Average days on market: 24 days
- Properties sold this month: 5 (up 25% from last month)
- HonestDoor predicted value: $1,914,085
- Estimated monthly rent: $5,440
- Rental yield: 4.58%
Here is the thing about 24 days on market - that is actually faster than nearby Rosscarrock, which sits at 33 days. So while prices are dipping, demand is not disappearing. Houses here are still moving. The growth rank of 216 out of 221 Calgary neighbourhoods tells us values have softened recently, but the price rank of 109 out of 221 confirms we are still sitting above average in terms of what homes are worth here. That is not nothing.
Condos - Quietly Holding Their Ground
The condo picture in Spruce Cliff is a different story - and honestly, a more stable one. Values are actually ticking up slightly. The HonestDoor Price for condos has increased 0.44% from the previous period, and the predicted market value of $673,633 is creeping above the 3-month moving average of $671,779. That is a sign of a floor forming, not a freefall.
- Average sale price: $313,000 (down 7.0% from last month)
- Average list price: $324,950
- Price per square foot: $310
- Sale-to-list ratio: 96.25%
- Average days on market: 56 days
- Properties sold this month: 2
- HonestDoor predicted value: $673,633
- Estimated monthly rent: $2,549
- Rental yield: 3.92%
Condos are taking longer to sell than Rosscarrock (33 days vs. our 56), but we are moving faster than Shaganappi at 63 days. The growth rank of 58 out of 207 Calgary neighbourhoods puts Spruce Cliff condos in above-average territory. That is a leaderboard position worth paying attention to. Our condo HonestDoor Price of $673,633 also beats nearby Shaganappi ($574,655) by a solid margin, though Rosscarrock ($778,857) still has us beat on the high end.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the number that should make every Spruce Cliff homeowner stop scrolling. The city's average assessed value for a house here is $876,071. The average HonestDoor Price is $1,815,334. That is a gap of over $939,000 - or 107% higher than what the city has on file.
For condos, the city assessment averages $381,726. The HonestDoor Price averages $676,616 - 77% higher than the assessed value.
The city assessment is a snapshot taken months ago using broad formulas. The HonestDoor Price pulls from real-time sales data, current market conditions, and what buyers are actually paying right now. If you are making any financial decision - refinancing, selling, or just figuring out your net worth - using the city's number is like navigating with an old paper map. The HonestDoor Price is the GPS update you actually need.
There were 430 house properties and 1,179 condo properties assessed in Spruce Cliff this year. That is a lot of homeowners who may be sitting on a very different number than what the city has on file.
The So What - Should You Sell in Spruce Cliff This Summer?
If you are thinking about listing this summer, here is the honest take. The window is not closed, but it is narrowing on the house side. Prices are down from last month, the growth rank sits near the bottom of the Calgary leaderboard at 216 out of 221, and the predicted value of $1,914,085 is trending below the 3-month average of $1,972,128. That tells us momentum has shifted slightly toward buyers.
That said, homes are still selling in 24 days, which is genuinely fast. If you price it right - not at the top of the listing range, but competitively - you can still get close to asking. The 98% sale-to-list ratio proves that.
For condo owners, the picture is more patient. With only 2 sales this month and 56 days on market, you are not in a rush-and-win situation. But the fact that values are inching up and the growth rank is above average for Calgary condos means holding is not a bad play either.
Bottom line - check your HonestDoor Price before you do anything. The gap between what the city thinks your home is worth and what a buyer will actually pay is the most important number in this conversation right now.
spruce cliff | 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.