Aldergrove, Edmonton - September 2026 Real Estate Report

Aldergrove Real Estate Update: Your Assessment Is Lying To You

If you own a home in Aldergrove and you're still looking at your city assessment to figure out what your place is worth, stop. That number is stale. The real story is a lot more interesting - and a lot more valuable to you.

The Vibe: What's Actually Happening On Our Streets

Houses

If you've been watching the "For Sale" signs in Aldergrove, here's what's actually happening. The house market is taking a breather. The average sale price for houses sits at $411,000 this month, which is down 9.7% from last month. Homes are sitting on the market for about 27 days on average, and buyers are paying roughly 99.31% of the asking price - so they're getting a small discount, but not a huge one.

To put that in context for us locals: we're slower to sell than Lymburn (14 days) but moving faster than Belmead (29 days). That puts Aldergrove houses right in the middle of the pack. Price per square foot is running around $402, and listings are averaging $419,900 right now.

• Average sale price: $411,000 (down 9.7% from last month)
• Average list price: $419,900
• Price per sq ft: $402
• Average days on market: 27
• Sale-to-list ratio: 99.31%
• Properties sold this month: 2
• HonestDoor predicted value: $606,219
• Estimated monthly rent: $2,611
• Rental yield: 5.65%
• Neighbourhood growth rank: 173 out of 291 in Edmonton

On the neighbourhood leaderboard, Aldergrove houses rank 173 out of 291 Edmonton neighbourhoods for growth - below average, but not at the bottom. Days-on-market rank is a healthier 26 out of 112, meaning we're still moving properties at a moderately fast clip compared to the rest of the city.

Condos

The condo side of Aldergrove is a completely different story - and honestly, a surprising one. Only 1 condo sold this month, but it moved in just 9 days. That is fast. The days-on-market rank for condos is 4 out of 112 Edmonton neighbourhoods. When a condo hits the market here, someone is grabbing it quickly.

The growth rank for condos is even more striking: 9 out of 302 neighbourhoods in Edmonton. That puts Aldergrove condos among the top performers in the entire city right now. The predicted market value for condos is $185,160, up from a 3-month moving average of $178,791 - so the trend is moving in the right direction.

• HonestDoor predicted condo value: $185,160
• 3-month moving average: $178,791
• Recent value change: up 4.60%
• Estimated monthly rent: $1,010
• Rental yield: 4.31%
• Average days on market: 9
• Properties sold this month: 1
• Condo growth rank: 9 out of 302 in Edmonton (top performers)
• Days-on-market rank: 4 out of 112 in Edmonton

The Secret Sauce: Why Your HonestDoor Price Matters Right Now

Here is the number that should get your attention. The city's average assessed value for a house in Aldergrove is $414,057. The average HonestDoor Price is $594,290. That is a gap of 43.53%. Your tax assessment is not your market value - it is a snapshot from the past, updated once a year on a fixed schedule. It does not know what sold on your street last week. It does not factor in what buyers are actually paying right now.

The HonestDoor Price is a real-world check - updated continuously using actual transaction data. Yes, it has dipped 1.97% from the previous period for houses, and that is worth knowing too. But the point is you are getting the real number, not a government estimate that could be many months out of date by the time it lands in your mailbox.

For condos, the same gap exists. The city assessment averages $169,551. The HonestDoor Price averages $182,171 - 7.44% higher. And with that 4.60% recent value increase and a top-10 growth ranking in Edmonton, condo owners in Aldergrove may be sitting on more than they think.

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

If you own a house in Aldergrove and you are thinking about listing this summer, the market is telling you to move with a plan. Prices are softer than last month, buyers are negotiating small discounts, and homes are taking close to a month to sell. That does not mean it is a bad time - it means pricing it right from day one matters more than ever. Overpricing right now will cost you time and money.

The HonestDoor predicted value of $606,219 for houses is sitting above the current average sale price of $411,000. That gap is worth a conversation with a local agent who knows Aldergrove - because the right pricing strategy could be the difference between a quick sale and a listing that goes stale.

If you own a condo, the picture looks more encouraging. Fast sales, strong growth ranking, and a rising predicted value suggest demand is real. With a rental yield of 4.31% and a 9-day average time on market, you have options - whether that is selling, renting, or holding.

Either way, the first step is knowing your actual number. Check your HonestDoor Price at HonestDoor.com - because making a decision based on your city assessment alone is like navigating with a map from last year.

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.