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      Temple, Calgary - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Calgary, Temple

      Temple, Calgary: Your Neighbour Just Got a Reality Check on Their Home Value

      If you own a home in Temple and you have not looked at your actual market value lately, now is the time. The city's assessment says one thing. The real world is saying something a little different - and knowing the gap could save you from a costly mistake whether you are buying, selling, or just keeping score.

      The Vibe: What Is Actually Happening in Temple Right Now

      Houses - A Market Taking a Breather

      Let us be straight with you. The house market in Temple is cooling off. The average sale price for houses sits at $362,444, which is down 14.5% from last month. Only 9 houses sold, down 10% from the month before. That is a quieter stretch, no question.

      But here is the thing - it is not a collapse. Homes are still moving in an average of 23 days, which is actually faster than nearby Falconridge at 24 days. Buyers are paying 98.89% of list price, so sellers are not getting crushed on negotiations. The market is just finding its footing.

      • Average sale price: $362,444 (down 14.5% from last month)
      • Price per square foot: $354
      • Average days on market: 23 days
      • Sale-to-list price ratio: 98.89%
      • Properties sold this period: 9
      • Predicted market value: $511,385
      • Estimated monthly rent: $2,569
      • Rental yield: 5.61%

      That rental yield of 5.61% is worth a second look. For anyone holding a house in Temple as an investment, we are sitting in solid territory. Rent around $2,569 a month on a property in this price range is a strong return by Calgary standards.

      On the neighbourhood leaderboard, Temple houses rank 47 out of 221 Calgary neighbourhoods for growth. That puts us in the top quarter of the city. Days on market ranks 20 out of 82 - meaning we sell faster than most. The trade-off is price: we rank 214 out of 221 for price, which makes Temple one of the most affordable detached-home options in Calgary. That is not a knock - that is a feature for buyers who want in without overpaying.

      Condos - A Wilder Ride, Smaller Sample

      The condo numbers in Temple need some context. Only 1 condo sold this period, so the 38.6% jump in average sale price to $370,000 is more of a one-sale story than a trend. Take that spike with a grain of salt.

      What we can trust is the steadier picture: the HonestDoor predicted value sits at $299,057, ticking up from the 3-month moving average of $298,298. Values are moving in the right direction, just slowly.

      • Average sale price: $370,000 (based on 1 sale - treat as a data point, not a trend)
      • Price per square foot: $325
      • Average days on market: 22 days
      • Sale-to-list price ratio: 97.89%
      • Predicted market value: $299,057
      • Estimated monthly rent: $1,486
      • Rental yield: 4.23%

      Condo rental yield at 4.23% is moderate - not a home run, but not a reason to panic either. On the leaderboard, Temple condos rank 80 out of 207 Calgary neighbourhoods for growth - still above average. Days on market rank is 20 out of 81, so condos here move reasonably fast when they are priced right.

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

      Here is the gap that should get your attention. The city's average assessed value for a Temple house is $526,998. The average HonestDoor Price is $499,466. That is a $27,532 difference - and the HonestDoor Price is the one that reflects what buyers are actually doing in the market today, not what a government office calculated months ago.

      For condos, the assessed value averages $308,439 while the HonestDoor Price sits at $298,749. Again, the real-world number is lower.

      Why does this matter? Because if you are pricing a listing based on your assessment, you may be starting too high and sitting on the market longer than you need to. If you are a buyer using the assessment to gauge fair value, you could be overpaying. The HonestDoor Price is updated in real time. The city assessment is not. That gap is your edge - use it.

      • House assessed value: $526,998 vs. HonestDoor Price: $499,466 (a $27,532 gap)
      • Condo assessed value: $308,439 vs. HonestDoor Price: $298,749 (a $9,690 gap)
      • HonestDoor House Price is 5.22% below the Calgary average assessed value
      • HonestDoor Condo Price is 3.14% below the Calgary average assessed value

      The So What: Thinking About Selling in Temple This Summer?

      If you are a house owner thinking about listing this summer, the honest answer is: price it sharp from day one. The market is softer than it was a month ago. Buyers are paying just under list price, and there are fewer of them active right now. A home priced at the assessed value of $526,998 is going to sit. A home priced closer to the HonestDoor Price of $499,466 - or even a touch below - is going to move in roughly 23 days.

      The good news is that Temple still ranks in the top quarter of Calgary for neighbourhood growth. We are not losing ground. We are just in a slower patch, and summer inventory tends to rise, which means more competition for sellers.

      For condo owners, the picture is steadier but the pool of buyers is smaller - only 10 transactions happened in all of 2026 so far. If you need to sell, be realistic. If you can hold, the predicted value is creeping up and rent at $1,486 a month covers the carrying costs for most owners.

      Bottom line: check your HonestDoor Price before you do anything. It is the number that actually reflects today's Temple market - not last year's paperwork.

      temple | calgary | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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