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      Aster, Edmonton - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Edmonton, Aster

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

      If you own a home in Aster and you have not looked at your HonestDoor Price lately, you are leaving real money on the table. The city's assessment says the average home here is worth $569,636. The HonestDoor Price says $624,484. That is a $54,848 gap - and that gap matters when you are making decisions about selling, refinancing, or just knowing where you actually stand.

      The Vibe: What Is Happening in Aster Right Now

      Aster is a newer corner of southeast Edmonton, and the numbers tell an interesting story depending on whether we are talking houses or condos. These two markets are moving in very different directions right now.

      Houses: Steady, With Real Upside

      If you have been watching the "For Sale" signs in Aster, here is what is actually happening with houses. The market is calm - not crashing, not exploding. Just steady. And steady can be good.

      • Average HonestDoor Price: $624,484 - up 2.28% from the previous period
      • Predicted market value for houses: $611,265 - up from the 3-month average of $603,762
      • Average sale price: $366,500
      • Average list price this month: $374,900
      • Price per square foot: around $310
      • Homes selling at 97.76% of list price - buyers are negotiating, but not by much
      • Average days on market: 57 days
      • Rental yield: 5.48% - that is a strong return for landlords
      • Estimated monthly rent: $2,845
      • Growth rank: 18 out of 285 Edmonton neighbourhoods - that puts us near the top of the leaderboard

      That growth rank is worth pausing on. Out of 285 comparable neighbourhoods tracked in Edmonton, Aster houses rank 18th for value growth. That is top-tier. It means this neighbourhood is outpacing the vast majority of the city in terms of where values are heading.

      The 57-day average on market is moderate - not flying off the shelves, but not sitting either. Buyers are active, they are just taking their time. And with homes selling at 97.76% of list price, sellers are not giving away the farm. A well-priced home here gets close to full ask.

      Condos: Taking a Breather

      We have to be straight with you here - the condo side of Aster is cooling off. The HonestDoor Price for condos sits at $344,514, but it has dropped 4.67% from the previous period. The predicted market value of $361,400 is also trending down from the 3-month average of $371,405. That is a real shift.

      • Average HonestDoor Price for condos: $344,514 - down 4.67%
      • Predicted market value: $361,400
      • 3-month moving average: $371,405 - values are sliding
      • Recent value change: -2.72%
      • Estimated monthly rent: $1,908
      • Rental yield: 4.09% - moderate, not exceptional
      • Growth rank: 244 out of 297 Edmonton neighbourhoods - bottom of the leaderboard right now

      Even with the dip, Aster condos still price out ahead of nearby neighbourhoods. Tamarack condos are tracking at $289,614 and Laurel at $318,757. So we are still commanding a premium in this pocket of the city - the market is just recalibrating after a run-up.

      The Secret Sauce: Why Your HonestDoor Price Beats the City's Assessment

      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 your street just got a lot more desirable. It is a static number doing a real-time job.

      The HonestDoor Price is updated continuously using actual market activity. Right now, it is showing Aster house values running 9.63% higher than the average assessed value in Edmonton. That is not a small rounding error. That is nearly a 10% difference that could affect how you price a listing, how you negotiate a sale, or how you think about your equity position.

      If your neighbour just sold and you are wondering what your place is worth today - not six months ago - the HonestDoor Price is the number to check first.

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

      For house owners in Aster, the case for selling this summer is real. Values are trending up, the growth rank puts us in the top 7% of Edmonton neighbourhoods, and buyers are still paying close to full list price. You are not in a panic market - you are in a position of quiet strength. Price it right and you will move it.

      For condo owners, the honest advice is to watch the next 60 to 90 days closely. Values have slipped recently and the trend line is pointing down. That does not mean panic - but it does mean timing matters more right now. If you have been sitting on the fence about selling, waiting is a risk worth thinking through.

      Either way, the first step is knowing your real number. Check your HonestDoor Price before you call an agent, before you set a list price, and before you assume the city's assessment tells the whole story. In Aster right now, it definitely does not.

      • 770 properties assessed in Aster this year
      • 36 property transactions recorded in 2026
      • Neighbourhood growth: 0.16% year over year
      • Aster ranks 68th in Edmonton for total transaction volume
      • Average Airbnb potential: $144 per night for houses
      • Nearby comparison - Laurel HonestDoor Price: $554,172 - Tamarack: $485,306 - Silver Berry: $462,426 - all cheaper, all growing slower

      Bottom line: Aster is holding its own against every neighbourhood around it. The house market has real momentum. The condo market needs watching. And your HonestDoor Price is the most honest number you have got right now.

      aster | edmonton | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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