Temple, Calgary - August 2026 Real Estate Report

Temple, Calgary Real Talk: Your Home Is Probably Worth Less Than the City Thinks

If you've been glancing at your latest city assessment and feeling pretty good about your home's value, here's a reality check. The average assessed value in Temple sits at $527,120 for houses - but the average HonestDoor Price tells a different story at $504,816. That's a gap of over $22,000. For condos, the city says $308,606, and HonestDoor says $300,047. The city's number is a snapshot from months ago. The HonestDoor Price is what the market is actually doing right now.

The Vibe: Houses vs. Condos in Temple Right Now

Houses - Taking a Breather

We've seen this before. The house market in Temple is cooling off, and the numbers back it up. The average sale price is $489,080, down 4.1% from last month. Homes are sitting on the market for 24 days on average - a bit longer than Falconridge next door at 21 days. Sellers are getting 97.52% of their list price, meaning buyers are successfully negotiating below ask.

• Average sale price: $489,080 (down 4.1% from last month)
• Average list price this month: $501,336
• Price per square foot: $469
• Average days on market: 24
• Sale-to-list ratio: 97.52%
• Properties sold this month: 5
• Predicted market value: $512,210
• Rental yield: 5.61%
• Estimated monthly rent: $2,574

The predicted market value of $512,210 is already slipping below the 3-month moving average of $513,532. That's not a cliff - but it's a trend worth watching. On the neighbourhood leaderboard, Temple houses rank 122 out of 236 for growth, putting us in the below-average tier for Calgary right now. The one bright spot? A 5.61% rental yield is genuinely strong. If selling isn't urgent, holding and renting is a real option worth running the numbers on.

Condos - Stable, But Softening Under the Hood

Our condo market looks calm on the surface - the average sale price of $318,500 is essentially unchanged. But dig a little deeper and the picture shifts. The predicted market value is $296,047, which is already below the current sale price, and it's trending down from the 3-month moving average of $301,595. Values have dipped 2.01% recently. Only 2 condos sold this month, and they're sitting 22 days before finding a buyer.

• Average sale price: $318,500
• Average list price this month: $324,950
• Price per square foot: $289
• Average days on market: 22
• Sale-to-list ratio: 97.89%
• Properties sold this month: 2
• Predicted market value: $296,047
• Rental yield: 4.23%
• Estimated monthly rent: $1,484

Compared to Monterey Park condos at $335,100 sold price, we're running cheaper. On the leaderboard, Temple condos rank 137 out of 216 for growth - below average in Calgary. The 4.23% rental yield is moderate, not spectacular. Condo owners here need to be realistic about pricing if they want to move quickly.

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

Here's the thing about city assessments - they're built on data that's already old by the time it lands in your mailbox. The city assessed Temple houses at an average of $527,120. The HonestDoor Price is $504,816. That's a 4.23% gap. If you're using your assessment to decide whether to sell, refinance, or even just brag to your neighbour, you could be working with a number that's out of date by thousands of dollars.

The HonestDoor Price updates in real time using actual transaction data. Right now, with house values down 4.1% month-over-month and the predicted value sitting below the 3-month average, the HonestDoor Price is the honest read on where things stand - not where they were six months ago. For condos, the HonestDoor Price actually ticked up 1.35% from the previous period, which is a small but real signal worth knowing.

Bottom line: before you make any financial decision tied to your home's value, check your HonestDoor Price. It's the real-world check that the city's static assessment simply cannot give you.

The So What - Thinking About Selling This Summer?

If you're a Temple homeowner with a house and you're thinking about listing this summer, the window is open - but it's not getting wider. Prices are sliding, days on market are creeping up, and buyers are negotiating below list. That doesn't mean panic. It means price it right from day one. Overpriced listings in a cooling market sit, and sitting kills momentum.

For condo owners, the math is tighter. With only 2 sales this month and a predicted value already below current sale prices, competition for buyers is real. Monterey Park condos are selling higher than ours. If you need to sell, be sharp on price. If you can wait, the 4.23% rental yield means a tenant could carry the property while you watch the market.

One more thing worth knowing - Temple logged 128 house transactions in 2026 across 2,953 assessed properties. That's a transaction rank of 28 in Calgary, meaning we're actually one of the more active neighbourhoods for volume. Buyers are still here. They're just pickier and better informed than they were a year ago. Meet them where the market actually is, not where the assessment says it was.

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.