Summerhill, Airdrie - September 2026 Real Estate Report

Summerhill, Airdrie: Here's What Your Home Is Actually Worth Right Now

If you've been glancing at your city assessment and feeling good about it, hold on. The market in Summerhill has been moving - and not always in the direction that piece of paper suggests. Here's the real picture, straight from the numbers.

The Vibe: What's Happening on Our Streets

Let's split this into two conversations, because houses and condos are telling very different stories right now.

Houses - Taking a Breather, But Not Broken

The average sale price for a house in Summerhill sits at $451,717, which is down 3.2% from last month. Listings are coming in around $433,300. That gap matters. It tells us sellers are still pricing with optimism, but buyers are doing their homework.

• Average sale price: $451,717
• Average list price: $433,300
• Price per square foot: $408
• Sale-to-list ratio: 96.95% - buyers are paying below asking
• Average days on market: 45 days
• Properties sold this period: 6, up 20% from last month

That 45-day average is worth paying attention to. Nearby Waterstone is moving homes in 23 days. We're sitting at nearly double that. More sales volume is a good sign, but houses are taking longer to find buyers. That's the market telling us something.

On the neighbourhood leaderboard, Summerhill houses rank 21 out of 48 for growth in Airdrie - that puts us in above-average territory. Price rank is 34 out of 42, which means we're one of the more affordable options in the city. For buyers, that's a draw. For sellers, it means pricing sharp matters more than ever.

Condos - Worth Watching Closely

The condo picture is a bit more cautious. The HonestDoor Price for condos has dipped 0.19% recently, and the 3-month moving average of $180,391 is sitting above the current predicted value of $173,709. That's the trend moving in the wrong direction.

• HonestDoor Price: $173,380
• Predicted market value: $173,709
• 3-month moving average: $180,391
• Recent value change: -1.71%
• Estimated monthly rent: $955
• Rental yield: 4.35%

On the neighbourhood leaderboard, Summerhill condos rank 33 out of 40 for growth in Airdrie. That puts us near the bottom of the pack compared to other neighbourhoods. Nearby condos in Edgewater and Luxstone are priced significantly higher, which shows there's a ceiling on how far Summerhill condos can stretch right now.

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

Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that houses in Summerhill are now selling at a 96.95% sale-to-list ratio. It doesn't know days on market have stretched to 45 days. It's working with old information.

The HonestDoor Price is updated in real time using actual transaction data. For houses, that number is $484,709 - up 0.11% from the previous period and tracking above the recent average sale price of $451,717. That gap between what homes are selling for and what they're predicted to be worth is exactly the kind of intel you need before making any move.

If you're a condo owner, the HonestDoor Price of $173,380 is a more honest reflection of where the market is heading than whatever your last assessment said. Values are softening. Knowing that now gives you options. Waiting until the next assessment cycle does not.

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

If you own a house in Summerhill and you're thinking about listing this summer, the window is open - but it's not wide open. Here's what the numbers are saying to us:

• Buyers are active - 6 sales last period, up 20%
• But they're negotiating - expect to land around 97% of your asking price
• Price it right from day one - sitting 45 days on market costs you leverage
• Rental demand is real - $2,464 per month average and a 5.67% yield means investors are watching Summerhill

If you own a condo, be honest with yourself about timing. Values have slipped 1.71% recently and the trend line is pointing down. If selling is on your radar in the next 12 months, sooner likely beats later. A 4.35% rental yield means holding as a rental is a reasonable option if you can afford to wait for the market to find its footing.

Either way, the smartest first step is checking your HonestDoor Price today - not next spring when the city sends out its next round of assessments. Real-time data is the only kind worth making decisions on.

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.