Aldergrove, Edmonton - August 2026 Real Estate Report

Aldergrove Real Estate Check-In: Your Home Is Worth Way More Than the City Thinks

If you own a home in Aldergrove and you have not looked at your HonestDoor Price lately, now is the time. The gap between what the city says your property is worth and what it would actually sell for is not a rounding error - it is a $192,000 difference. That is real money sitting on the table, and most homeowners have no idea it is there.

The Vibe: What Is Actually Happening in Our Neighbourhood

Houses - A Sellers' Market With Some Patience Required

If you have been watching the "For Sale" signs in Aldergrove, here is what is actually happening on the house side. Prices are moving up. The average sale price for houses sits at $455,000, which is up 19.9% from last month. Buyers are paying above asking - 101.38% of list price on average - which tells you demand is real.

• Average HonestDoor Price: $606,219
• Average sale price this month: $455,000 (up 19.9% from last month)
• Average listing price: $448,800
• Price per square foot: $369
• Predicted market value: $608,037 (up from 3-month average of $600,769)
• Average days on market: 46 days
• Estimated monthly rent: $2,596
• Rental yield: 5.66%

The one thing worth noting: houses here are sitting for 46 days on average before selling. Compare that to Belmead at 29 days, and you can see Aldergrove is taking a bit of a breather. That does not mean demand is gone - buyers are still paying over list - but it does mean pricing your home right from day one matters more than ever. On the neighbourhood leaderboard, Aldergrove houses rank 83 out of 292 Edmonton neighbourhoods for growth. That puts us solidly in the above-average tier, not the top of the pack, but well ahead of most of the city.

Condos - Fast Sales, Buyers Holding the Cards

The condo story in Aldergrove is a different one. Units are moving fast - 9 days on market on average, which ranks 3rd out of 111 Edmonton neighbourhoods for speed. That is genuinely impressive. But buyers are negotiating. The average sale price of $240,000 came in at 96.42% of list price, meaning sellers are giving a little ground to close the deal.

• Average HonestDoor Price: $185,160 (up 4.60% from previous period)
• Average sale price this month: $240,000
• Average listing price: $248,900
• Price per square foot: $202
• Predicted market value: $177,011 (up from 3-month average of $175,603)
• Average days on market: 9 days
• Estimated monthly rent: $967
• Rental yield: 4.32%

On the neighbourhood leaderboard, Aldergrove condos rank 99 out of 302 Edmonton neighbourhoods for growth - above average, and the HonestDoor Price is trending up 4.60%. For condo owners, that upward momentum is a good sign heading into the summer market.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. For houses in Aldergrove, the average assessed value is $414,057. The average HonestDoor Price is $606,219. That is a 46.41% gap. The city is not wrong - they are just slow. The HonestDoor Price pulls from real-time market activity, recent sales, and current demand signals to give you a live read on what your property is actually worth today.

For condos, the assessed value averages $169,551 while the HonestDoor Price sits at $185,160. The gap is smaller, but the direction is the same - and that 4.60% recent increase means the real-world number is moving in the right direction.

If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - use the HonestDoor Price as your starting point, not the assessment notice.

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

For house sellers, the conditions are genuinely good right now. Buyers are paying over list price, the predicted market value of $608,037 is climbing past the 3-month average, and your rental yield of 5.66% means investors are paying attention to Aldergrove too. The 46-day average time on market is the one number to respect - price it sharp, not greedy, and you will find your buyer.

For condo sellers, speed is your friend. Units are selling in 9 days, which is one of the fastest turnaround rates in all of Edmonton. The trade-off is that buyers know they have options and will negotiate. Come in priced realistically and you will move quickly.

Compared to nearby neighbourhoods, Aldergrove houses are among the most affordable in Edmonton - ranking 254 out of 285 on price. That is actually a selling point for attracting buyers who have been priced out of Belmead (average HonestDoor Price $762,325) or even Lymburn ($627,943). We are the value play in a competitive west Edmonton market, and that matters when buyers are stretching their budgets.

Bottom line: if you are thinking about selling this summer, check your HonestDoor Price first. The city's number is not your number - and in Aldergrove right now, the difference is significant.

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.