Aster, Edmonton - July 2026 Real Estate Report

Aster, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Aster and you have not checked your HonestDoor Price lately, here is the short version - the city says your house is worth one thing, and the real world says something different. Spoiler: the real world is higher.

The Vibe: What Is Actually Happening in Aster Right Now

Aster is one of those neighbourhoods where the numbers tell a quietly confident story. We have 770 assessed properties, 29 transactions recorded in 2026, and a neighbourhood that is holding its value better than most of its neighbours. Every single comparable area nearby - Laurel, Tamarack, Silver Berry - is cheaper than us and growing slower. That is not a coincidence. That is a pattern.

Houses: Solid Ground, Not a Sprint

The house market in Aster is taking a breather, but do not mistake steady for weak. Here is what the numbers actually say:

• Average HonestDoor Price: $597,594
• Average assessed value: $569,636
• Predicted market value: $614,723 - up from the 3-month average of $602,871
• Average sale price: $584,000
• Current average list price: $599,999
• Price per square foot: $316
• Homes are selling at 97.33% of list price - buyers are negotiating, but not by much
• Average days on market: 93 days
• Estimated monthly rent: $2,841
• Rental yield: 5.47% - that is a strong return by any measure
• Recent value change: up 2.65%

The 93-day average time on market tells us this is a buyers' market right now - homes are not flying off the shelf. But the predicted value is trending upward, and a 5.47% rental yield means investors are paying close attention to Aster houses. On the neighbourhood growth leaderboard, Aster houses rank 42 out of 302 Edmonton neighbourhoods. That puts us in the top 14% for growth. That is a real number worth knowing.

Condos: A Different Story, Worth Watching

The condo side of Aster is showing something interesting. The HonestDoor Price jumped 6.53% from the previous period - that is not a small move. Here is the snapshot:

• Average HonestDoor Price: $381,314 - up 6.53% from last period
• Predicted market value: $357,950
• 3-month moving average: $356,245 - values are creeping up
• Estimated monthly rent: $1,891
• Rental yield: 4.09%
• Recent value change: -0.71%
• Airbnb rank in Edmonton: 76 out of all Edmonton neighbourhoods

Aster condos rank 144 out of 296 Edmonton neighbourhoods for growth - above average, but not leading the pack. The short-term value dip of 0.71% is worth watching, but the 6.53% HonestDoor Price increase and the upward trend in predicted value suggest this is a blip, not a slide. And compared to nearby condos in Tamarack ($287,117 predicted) and Laurel ($315,952 predicted), Aster condos are holding a clear premium.

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

Here is the thing about your city assessment - it is a snapshot from months ago, built on formulas that do not account for what is actually happening on your street right now. The average assessed value for Aster houses sits at $569,636. The average HonestDoor Price is $597,594. That is a $27,958 gap - and that gap is money left on the table if you are using the wrong number to make decisions.

The HonestDoor Price is updated in real time using actual market activity. It is the number a buyer's agent is going to use when they sit across the table from you. Your tax assessment is not. If you are refinancing, selling, or just trying to understand what your biggest asset is actually worth, the HonestDoor Price is your real-world check - not the city's paperwork.

The So What - Should You Sell in Aster This Summer?

Here is the honest take. If you are thinking about selling a house in Aster this summer, you are not in a panic market - you are in a patience market. Homes are sitting for about 93 days on average, and buyers are landing deals at roughly 97 cents on the dollar. That means pricing sharp from day one matters more than ever. Overpricing by even a little will cost you weeks.

The good news is that your predicted value of $614,723 is moving in the right direction, and Aster's growth rank of 42 out of 302 neighbourhoods means buyers looking at southeast Edmonton are going to land here. Every nearby neighbourhood is cheaper. That is your selling point - use it.

For condo owners, the 6.53% HonestDoor Price increase is a signal worth acting on. If you have been sitting on the fence, this summer is a reasonable time to get a proper valuation and understand where you actually stand. The market is not on fire, but it is not cooling either. It is moving - and in Aster, it is moving in our favour.

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.