West Springs, Calgary - September 2026 Real Estate Report

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

If you own a home in West Springs and you're still going off your city assessment, you're working with old news. Here's what the market is actually doing right now - and what it means for your wallet.

The Vibe: Houses vs. Condos in West Springs

Houses - Strong Prices, But the Market is Taking a Breather

If you've been watching the "For Sale" signs on the streets around here, you've probably noticed things feel a little quieter. That tracks with the numbers.

• Average sale price this month: $1,001,317 - down 6.3% from last month
• Active listings are averaging $1,101,447, so there's a gap between what sellers want and what buyers are paying
• Buyers are landing deals at about 97.94% of list price - meaning a $1,000,000 ask is closing around $979,400
• Homes are sitting on the market for 35 days on average
• 35 houses sold this month
• Price per square foot is holding at $467

For context, our houses are selling faster than Aspen Woods (42 days) but slower than Cougar Ridge (19 days). We're in the middle of the pack - not a fire sale, not a frenzy. The predicted market value for a West Springs house sits at $1,013,298, which is nudging up against the 3-month moving average of $1,010,252. Values are moving, just slowly.

On the neighbourhood leaderboard, West Springs houses rank 55 out of 238 Calgary neighbourhoods for growth - that puts us solidly above average. Price rank is 47 out of 220. We're not the cheapest street at the party, and we're not the most expensive either. We're the reliable neighbour everyone wants to live next to.

Condos - One Sale Doesn't Make a Trend, But Watch This Space

We'll be straight with you: the condo market in West Springs had a quiet month. One sale. That's it. So take the monthly numbers with a grain of salt - a single transaction can swing percentages wildly.

• That one sale closed at $433,000 - down 16.9% from last month, but again, one sale
• Listings are averaging $439,900
• Buyers paid 98.43% of list price
• Condos are sitting on the market for 45 days on average
• Price per square foot is $507
• 29 condo transactions recorded in 2026 overall

The predicted market value for a West Springs condo is $515,061 - slightly above the 3-month moving average of $514,895, so values are stable even if monthly sales are thin. Compare that to Cougar Ridge condos at $461,999 or Aspen Woods at $556,005 - we sit right in the middle. On the leaderboard, West Springs condos rank 75 out of 216 Calgary neighbourhoods for growth. Still above average. Price rank is 38 out of 175 - that means we're priced higher than most of the city.

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

Here's the thing about your city assessment: it's a snapshot from months ago, built on formulas that don't know your renovated kitchen or the new park down the street. It's not wrong - it's just slow.

The HonestDoor Price updates in real time, pulling from actual transactions happening right now. For West Springs houses, the average HonestDoor Price is $1,020,215 - that's 1.09% higher than the average city assessment of $1,009,197. That gap is roughly $11,000 sitting on the table that your assessment isn't showing you.

For condos, the HonestDoor Price is $516,180 against an assessed value of $516,744 - essentially neck and neck, which tells you the assessment is actually pretty close for condos right now. But the HonestDoor Price is still the live read, not a number frozen in time.

Both the house and condo HonestDoor Prices are trending up from the previous period - houses up 0.68%, condos up 0.22%. Small moves, but they're moving in the right direction. If you haven't checked your HonestDoor Price lately, now is the time to do it before you make any decisions.

The 'So What?': Thinking About Selling This Summer?

Here's the honest take for anyone in West Springs considering a summer listing.

For house sellers - the market is cooling slightly, but don't panic. Prices are still above $1 million on average, and the predicted value of $1,013,298 is holding steady. The catch is that buyers know they have a little more leverage right now. They're paying about 2% under list price and they're taking their time - 35 days on average. If you price sharp and present well, you sell. If you price like it's 2022, you sit.

The rental angle is worth knowing too. Estimated rent on a West Springs house is $4,175 per month with a rental yield of 4.75%. If selling doesn't feel right this summer, holding and renting is a legitimate play.

For condo sellers - with only one sale last month, it's hard to read the room. The predicted value of $515,061 is solid, and at $507 per square foot you're priced above most of the city. But 45 days on market means patience is required. If you need to move quickly, price it to stand out against the Aspen Woods competition.

Bottom line: West Springs is not a neighbourhood in trouble. It's a neighbourhood taking a breath. Sellers who are realistic about pricing will still do well. Sellers chasing last year's peak will be frustrated. Check your HonestDoor Price, know your number, and make a smart call.

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.