Alberta Avenue, Edmonton - September 2026 Real Estate Report

Alberta Avenue, Edmonton: Your Neighbour Just Got a Reality Check on Their Home Value

If you own a home on Alberta Avenue and you're still relying on your city assessment to know what your place is worth, it's time to look again. The market is moving - and not always in the direction you'd expect.

The Vibe: What's Actually Happening on Our Streets

Alberta Avenue is one of the busiest neighbourhoods for real estate activity in all of Edmonton. With 115 property transactions recorded in 2026 across 2,236 assessed properties, we rank 10th in the entire city for total transaction volume. That's not a quiet street - that's a neighbourhood people are actively betting on.

But "busy" doesn't mean "booming." Growth is sitting at 0.10% year over year, and the HonestDoor Price has dipped 2.38% from the previous period. The market here is taking a breather. Here's how that breaks down by property type.

Houses: Steady, But Buyers Are Holding the Cards

If you've been watching the "For Sale" signs on Alberta Avenue, here's what's actually happening with houses right now.

• Average sale price: $287,712
• Average list price this month: $336,816
• Price per square foot: $309
• Sold-to-list ratio: 97.42% - buyers are paying below asking
• Average days on market: 56 days
• 13 properties sold this month
• Predicted market value: $301,534
• Rental yield: 5.98%
• Estimated monthly rent: $1,595

Houses are sitting on the market for 56 days on average. Compare that to nearby Parkdale at 49 days, and you can see we're moving a little slower. Buyers know it too - they're negotiating, and they're winning. The sold-to-list ratio of 97.42% means sellers are giving ground to close deals.

The silver lining? That 5.98% rental yield is genuinely strong. If selling isn't the right move right now, holding and renting is a real option worth running the numbers on.

On the neighbourhood leaderboard, Alberta Avenue houses rank 145 out of 291 for growth - solidly above average in Edmonton. For days on market, we rank 54 out of 112, which puts us in moderately fast-selling territory. Price rank sits at 182 out of 285, meaning we're below average in price compared to the rest of the city - which is actually a draw for buyers priced out of pricier areas.

Condos: Fast Sales, But Values Are Sliding

The condo picture is a different story, and it's worth paying close attention if you own one.

• Average HonestDoor Price: $274,504 - down 1.36% from the previous period
• Average sale price: $372,500
• Average list price this month: $379,900
• Price per square foot: $338
• Sold-to-list ratio: 98.05%
• Average days on market: 8 days
• 1 property sold this month
• Predicted market value: $278,293
• Rental yield: 4.19%
• Estimated monthly rent: $1,483
• Recent value change: -4.43%

Here's the interesting tension in the condo market: units are selling fast - 8 days on market puts us at rank 3 out of 112 in Edmonton, which is near the top of the city for speed. But the predicted value is declining, down 4.43% recently and tracking below the 3-month moving average of $282,866. Fast sales and falling values at the same time usually means buyers are still active, but they're not stretching their budgets.

On the leaderboard, condo growth ranks 246 out of 302 - that puts us in the bottom performers for Edmonton right now. The price rank of 28 out of 216 tells a different story though - Alberta Avenue condos are among the most expensive in the city relative to comparable neighbourhoods. That gap between high price rank and low growth rank is something condo owners should watch closely.

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

Your city assessment is a snapshot from months ago. It doesn't know what sold on your block last Tuesday. The HonestDoor Price for Alberta Avenue houses sits at $294,344 - that's 0.38% higher than the average assessed value in Edmonton, and it's updated in real time using actual transaction data.

That difference might sound small, but when you're deciding whether to list, refinance, or just figure out where you stand, using a stale government number is like navigating with an old map. The HonestDoor Price is the real-world check - it reflects what buyers are actually paying on streets like ours, right now.

With the HonestDoor Price down 2.38% for houses and 1.36% for condos from the previous period, knowing your current number isn't just useful - it's urgent.

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

Here's the straight talk for Alberta Avenue owners considering a summer sale.

For house sellers - you're in a buyers' market. Homes are sitting for nearly two months before selling, and buyers are negotiating below list price. That doesn't mean you can't sell well, but it means your pricing strategy has to be sharp from day one. Overpricing and hoping to negotiate down will cost you time, and time on market works against you here. Price it right at the start, and you can still move it.

For condo sellers - the speed is on your side. Eight days on market is exceptional. If you're going to sell, the demand is there. The concern is that values are trending down, so waiting for the market to recover could mean leaving money on the table if that slide continues.

For anyone on the fence - that 5.98% rental yield on houses is a legitimate reason to hold. If the sale price isn't where you need it to be, renting at an estimated $1,595 per month while the market finds its footing is a real strategy, not just a fallback.

Bottom line: Alberta Avenue is active, it's affordable relative to much of Edmonton, and it's got genuine rental upside. But right now, buyers have leverage. Know your real number before you make any moves - and your HonestDoor Price is where to start.

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.