Alberta Avenue, Edmonton - August 2026 Real Estate Report

Alberta Avenue, Edmonton: Your Neighbour Just Got a Better Price Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs on Alberta Avenue, here's what's actually happening. The city says your home is worth $293,236. The real world disagrees - and in your favour. The average HonestDoor Price sits at $301,534, which is 2.83% higher than what the city's assessment says. That gap is money left on the table if you're not paying attention.

With 100 property transactions recorded in 2026 and 2,236 properties assessed this year, Alberta Avenue is one of the busiest neighbourhoods in Edmonton for deals. Our total transaction rank is 10th in the entire city. That's not a quiet street - that's a neighbourhood people are actively choosing.

Houses: Solid Demand, But Know Your Number

For those of us with houses on the block, the story is pretty straightforward. Buyers are active, but they're not panicking.

• Average sale price: $632,722
• Current average listing price: $642,500
• Price per square foot: $762
• Homes are selling at 98.17% of list price - buyers are negotiating, just not aggressively
• Average days on market: 41 days
• Predicted market value: $301,170 - up from the 3-month average of $300,674
• Estimated monthly rent: $1,593 with a rental yield of 5.98%
• 2 homes sold this month

That 41-day average sounds like a lot, but compare it to nearby Parkdale where homes are sitting for 49 days. We're moving faster. The days-on-market rank is 39 out of 108 Edmonton neighbourhoods - that puts us in the moderately fast lane. It's a buyers' market right now, which means pricing your home right from day one matters more than ever. Overpricing it will cost you weeks, not days.

On the neighbourhood leaderboard, houses in Alberta Avenue rank 195 out of 292 for growth. That's below average for Edmonton, and it's worth being honest about. Values shifted -0.17% recently. This isn't a market that's running hot - it's taking a breather. But with a rental yield of 5.98%, investors are still paying attention.

Condos: The Quiet Overachiever

Here's where it gets interesting. The condo market in Alberta Avenue is punching well above its weight, and most people on the street don't know it yet.

• Average HonestDoor Price: $278,293
• Average sale price: $372,500
• Current average listing price: $379,900
• Price per square foot: $338
• Properties selling at 98.05% of list price
• Average days on market: 8 days - faster than nearby Spruce Avenue at 11 days
• Predicted market value: $291,198 - up from the 3-month average of $287,464
• Estimated monthly rent: $1,546 with a rental yield of 4.17%
• Recent value change: up 4.33%

Eight days on market. That is not a typo. The days-on-market rank for condos here is 2nd out of 111 Edmonton neighbourhoods. Second. Condos are also ranked 38th out of 302 neighbourhoods for growth - that puts them in the top performers in the city. Price rank sits at 30th out of 218, meaning we're among the more expensive condo markets in Edmonton. Yes, the HonestDoor Price dipped 4.43% from the previous period, but the predicted value is climbing and the sales data backs that up. Someone buying a condo here right now is not waiting around.

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

Your city assessment is a snapshot taken months ago, using data that's even older than that. It's not wrong - it's just slow. The HonestDoor Price is updated in real time using actual transaction data, listing activity, and market movement. Right now, that means Alberta Avenue homeowners are sitting on values the city hasn't caught up to yet.

The average HonestDoor Price for houses here is $301,534 - already 2.83% ahead of the city's number. For condos, the predicted market value of $291,198 is climbing past the 3-month average. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the number you want in your hand, not the one on your tax notice.

Think of the city assessment as last season's menu. The HonestDoor Price is what things actually cost today.

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

Here's the straight talk for anyone considering listing this summer.

If you have a house, you're entering a buyers' market. That doesn't mean you can't get a great price - it means you need to be sharp. Homes are selling at 98.17% of list, so there's a small negotiating gap. Price it at your HonestDoor Price, not above it, and you'll move faster than the 41-day average. Your neighbours in Parkdale are waiting 49 days. You don't have to.

If you have a condo, the window looks genuinely good right now. Eight days on market, values trending up 4.33%, and a top-30 price rank in Edmonton. If you've been sitting on the fence, this summer is a reasonable time to test the water. The market is telling you buyers are ready.

Either way, check your HonestDoor Price before you call an agent. Walk into that conversation knowing your real-world number - not the one the city mailed you last spring.

• Alberta Avenue total transaction rank in Edmonton: 10th - this neighbourhood moves
• Condo days-on-market rank: 2nd out of 111 Edmonton neighbourhoods
• Condo growth rank: 38th out of 302 - top performers list
• House rental yield: 5.98% - strong for investors watching this block
• Neighbourhood year-over-year growth: 0.10%

Alberta Avenue isn't the flashiest name in Edmonton real estate right now. But the numbers say it's one of the most active. That matters when you're deciding whether to sell, hold, or invest.

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.