Alberta Avenue, Edmonton - October 2026 Real Estate Report
Alberta Avenue, Edmonton: Your Neighbour Just Sold. Here Is What You Need to Know.
If you have been watching the "For Sale" signs on Alberta Avenue lately, here is the straight story. The market is taking a breather, but it is not sleeping. With 125 property transactions recorded in 2026 and 2,236 properties assessed this year, this neighbourhood is one of Edmonton's busiest by transaction volume - ranking 10th in the entire city for total sales. That is not a quiet street. That is a neighbourhood people are actively betting on.
The Vibe: Houses vs. Condos - Two Very Different Stories
We are seeing a split market right now, and it matters which side of it you are on.
Houses - Taking a Breather
Let us be honest. The house market on our street is cooling. Nine homes sold last month, down 30.8% from the month before. Homes are sitting for an average of 74 days - that is noticeably longer than nearby Parkdale at 49 days. Buyers are negotiating, with homes selling at 94.72% of list price on average. That gap between asking and selling is real money out of a seller's pocket.
- Average sale price: $592,327
- Current average listing price: $321,567
- Price per square foot: $652
- Average days on market: 74 days
- Sale-to-list ratio: 94.72% - buyers are winning negotiations
- Predicted market value: $294,372
- 3-month moving average: $299,041 - values are trending down
- Recent value change: -2.38%
- Rental yield: 5.99% - strong if you are thinking landlord, not seller
- Estimated monthly rent: $1,560
- Neighbourhood growth rank: 172 out of 285 Edmonton neighbourhoods - below average
The rental yield story is actually the bright spot here. At 5.99%, houses on Alberta Avenue are generating real returns for investors. If selling feels rushed right now, holding and renting is a legitimate play.
Condos - Fast and Pricey
The condo side of our neighbourhood is a different animal. Only one condo sold last month, so we are working with thin data - but what we see is interesting. That unit moved in just 8 days, faster than nearby Spruce Avenue condos at 11 days. Buyers are paying 98.05% of list price, which is close to full ask. Condos here rank 30th out of 218 Edmonton neighbourhoods for price - meaning we are sitting near the top of the city's condo price ladder.
- Average sale price: $372,500
- Current average listing price: $379,900
- Price per square foot: $338
- Average days on market: 8 days
- Sale-to-list ratio: 98.05% - barely any room to negotiate
- HonestDoor Price: $273,687 - down 0.30% from last period
- Predicted market value: $274,504
- 3-month moving average: $281,332 - also trending down
- Recent value change: -1.36%
- Rental yield: 4.20% - moderate but steady
- Estimated monthly rent: $1,465
- Days-on-market rank: 3rd out of 113 Edmonton neighbourhoods - near the top for speed
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about your city assessment. It is a snapshot from months ago, built on a formula that does not know your renovated kitchen or the fact that three houses on your block just sold below asking. It is a rear-view mirror number.
The HonestDoor Price is updated in real time. For houses on Alberta Avenue, that number sits at $291,978 - which is actually 0.42% lower than the city's average assessed value of $293,202. That gap might look small, but it is the difference between pricing your home right and sitting on the market for 74 days wondering why nobody is calling.
The city assessment does not know the market is taking a breather. Your HonestDoor Price does. If you are a homeowner here, checking your HonestDoor Price right now is the fastest way to get a real-world read on what your property is actually worth today - not what a government formula decided it was worth last year.
The 'So What?': Thinking About Selling This Summer?
If you are a house owner on Alberta Avenue with summer selling plans, here is the honest take. You are entering a buyers' market. Homes are taking 74 days to move and buyers are shaving roughly 5% off list price. That is not a reason to panic - it is a reason to price sharp from day one. Overpricing right now means sitting, and sitting means price cuts, and price cuts mean you end up in a worse spot than if you had priced it right on day one.
Our neighbours in Spruce Avenue are seeing higher prices and faster growth. Delton and Parkdale are both growing slightly faster than us year over year. Alberta Avenue's growth rate of 0.10% year over year and its rank of 172 out of 285 Edmonton neighbourhoods tells us this is a stable, established area - not a rocket ship, but not a sinking ship either.
If you own a condo and are thinking about selling, the picture is actually tighter. Condos are moving fast - 8 days on average - and buyers are paying close to full price. That is a window worth paying attention to before the fall market shifts things again.
Bottom line - check your HonestDoor Price before you call an agent, before you set a list price, and before you assume the city's assessment tells you anything useful about today's market. It does not. Your HonestDoor Price does.
alberta avenue | edmonton | october 2026This 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.