Aster, Edmonton - September 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, now is the time. The city's assessment says the average house here is worth $569,636. The real-world number? Closer to $610,538. That is a $40,902 gap - and it matters more than most people realize.

The Vibe: What Is Actually Happening in Aster Right Now

Aster is a newer southeast Edmonton neighbourhood, and the numbers show it is still finding its footing. We saw 34 property transactions in 2026 across 770 assessed properties. That is not a flood of activity, but it is steady. Neighbourhood growth sits at 0.16% year over year - modest, but ahead of every single one of our immediate neighbours.

Let that sink in. Laurel is growing at 0.04%. Tamarack at 0.03%. Silver Berry at 0.06%. Aster is outpacing all of them. We are also priced higher than all three - Laurel's HonestDoor Price is $556,711, Tamarack is $487,879, and Silver Berry is $464,587. Aster is the premium option in this corner of the city, and the data backs that up.

Houses: Taking a Breather, But Not Falling Apart

Here is the honest picture for houses in Aster right now. The average sale price came in at $366,500 this period, which looks alarming on paper - down 42.7% from last month. But context matters: only 1 property sold. One sale does not make a trend. The predicted market value for houses sits at $602,426, and the 3-month moving average is $604,914. That is a much more reliable read on where house values actually stand.

• Predicted house value: $602,426
• 3-month moving average: $604,914
• Average list price this month: $374,900
• Price per square foot: $310
• Homes are selling at 97.76% of list price - buyers are getting a small discount
• Average days on market: 57 days
• Rental estimate: $2,812 per month
• Rental yield: 5.49% - that is a strong return
• Growth rank: 89 out of 291 neighbourhoods in Edmonton - above average
• Days-on-market rank: 55 out of 112 - properties move faster here than in Tamarack (61 days)

The 5.49% rental yield on houses is worth flagging. For anyone thinking about holding rather than selling, that is a genuinely solid income number. The Airbnb potential adds another layer - at $141 per night, Aster ranks 125th in Edmonton for short-term rental income.

Condos: A Different Story

Condos in Aster are in a softer spot right now. The average HonestDoor Price is $361,400, and it has dipped 2.72% from the previous period. The growth rank for condos sits at 209 out of 302 Edmonton neighbourhoods - that puts us in below-average territory for this property type.

• Average condo HonestDoor Price: $361,400 (down 2.72%)
• Predicted condo value: $371,500
• 3-month moving average: $370,255 - the predicted value is slightly above this, which is a small positive signal
• Rental estimate: $1,956 per month
• Rental yield: 4.07% - moderate, not spectacular
• Airbnb estimate: $95 per night
• Airbnb rank in Edmonton: 86th
• Still priced above nearby Laurel ($318,757), Tamarack ($289,614), and Silver Berry ($244,353)

The condo market here is not in freefall - the predicted value is actually ticking up slightly above the 3-month average. But if you own a condo in Aster and are thinking about timing a sale, the window is tighter than it is for house owners.

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

The city's assessed value for houses in Aster averages $569,636. That number is calculated once a year, using data that is already months old by the time it lands in your mailbox. The HonestDoor Price - currently $610,538 for houses - updates in real time using actual market activity. It is 7.18% higher than the city's figure right now.

That gap is not a rounding error. If you are using your assessment to decide whether to sell, refinance, or even just understand your net worth, you could be working with a number that undersells your property by tens of thousands of dollars. The HonestDoor Price is the real-world check. Use it.

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

If you own a house in Aster and are considering listing this summer, here is the straight talk. The market is taking a breather - buyers are negotiating small discounts and homes are sitting for nearly two months on average. But your underlying value is holding. A predicted price of $602,426 and a neighbourhood that outgrows every nearby community is a decent hand to play.

Price it right from day one. With buyers paying 97.76% of list price, overpricing will cost you time and leverage. Homes that are priced sharp are still moving faster here than in Tamarack. That matters when you are trying to close before the fall market shifts.

For condo owners, patience might be the smarter move. The recent 2.57% value dip and a below-average growth rank suggest waiting for the market to stabilize could protect your return. If you do need to sell now, lean hard on the rental income story - $1,956 per month at a 4.07% yield is a real selling point for investor buyers.

Bottom line: Aster is the top-priced neighbourhood in its corner of Edmonton, it is growing faster than its neighbours, and the city's assessment is still playing catch-up to what your home is actually worth. Check your HonestDoor Price before you make any moves.

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.