Belmont, Edmonton - August 2026 Real Estate Report

Belmont, Edmonton: Your Neighbour Just Asked "Should I Sell This Summer?" Here's the Real Answer.

If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here it is straight. Belmont is a solid, mid-range Edmonton neighbourhood that's holding its value - but the market is taking a breather right now, and the timing of your next move matters more than it did six months ago.

The Vibe: Houses vs. Condos in Belmont Right Now

Let's break down what we're actually seeing on the ground for the two main property types in our neighbourhood.

Houses - Steady, But Cooling Off

The average house sale price in Belmont sits at $430,000 this month - but that's down 10.5% from last month. Only 3 houses sold, which is 25% fewer than the month before. That's a thin slice of data, so don't panic, but it's worth paying attention to the direction of travel.

• Average sale price: $430,000
• Average list price this month: $438,233
• Price per square foot: $330
• Sold-to-list ratio: 98.34% - buyers are negotiating small discounts
• Average days on market: 15 days
• Properties sold this month: 3
• HonestDoor predicted value: $358,754
• 3-month moving average: $355,128 - values are creeping up
• Estimated monthly rent: $1,877
• Rental yield: 5.89% - that's a strong return if you're thinking landlord instead of seller

The 15-day average days on market is a standout stat. Belmont houses rank 14th out of 108 Edmonton neighbourhoods for speed of sale. That means when a well-priced house hits the market here, it moves fast. On the neighbourhood growth leaderboard, we sit 141st out of 292 - solidly above average. Not the top of the pack, but not the back either.

Condos - A Slower Story

The condo side of Belmont tells a different story, and we should be honest about it. Only 1 condo sold this month at $146,000 - down 35.4% from last month. The average days on market for condos is 310 days. That's not a typo. Belmont condos rank 110th out of 111 Edmonton neighbourhoods for selling speed. If you own a condo here and need to sell, you need a sharp price and a patient mindset.

• Average sale price: $146,000
• Average list price this month: $155,000
• Price per square foot: $178
• Sold-to-list ratio: 94.19% - buyers are getting meaningful discounts
• Average days on market: 310 days
• Properties sold this month: 1
• HonestDoor predicted value: $195,721
• 3-month moving average: $194,734 - values are nudging upward
• Estimated monthly rent: $1,070
• Rental yield: 4.32% - moderate, but steady

On the condo growth leaderboard, Belmont ranks 125th out of 302 Edmonton neighbourhoods - above average. The predicted value of $195,721 is also ahead of nearby River Valley Hermitage condos at $176,824, which is a useful benchmark to keep in your back pocket.

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

Here's something most Belmont homeowners don't realize. Your city assessment is a snapshot frozen in time - it reflects a valuation date that could be many months in the past. It doesn't know what sold on your street last Tuesday. The HonestDoor Price does.

For houses in Belmont, the average city assessment is $363,788. The average HonestDoor Price is $360,684 - that's 0.85% lower than the assessed value. For condos, the gap is even bigger. The average assessed value is $201,743, while the HonestDoor Price is $197,044 - a 2.33% difference. That gap is real money when you're making decisions about selling, refinancing, or even just understanding what you actually own.

The HonestDoor Price updates continuously using real transaction data. It's the real-world check against a number the city calculated months ago. If you're a Belmont homeowner, checking your HonestDoor Price today takes two minutes and gives you a far more current picture than waiting for next year's assessment notice in the mail.

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

If you own a house in Belmont and you're thinking about listing this summer, the honest take is this: move with intention, not hesitation. Houses here are still selling in about 15 days when priced right - that's one of the fastest turnaround rates in the city. But buyers are paying just under list price, and the average sale price has dipped this month. Price it sharp from day one. Don't chase the market down.

If you own a condo, summer 2025 is a harder sell - literally. With 310 average days on market and only 1 transaction this month, the condo segment in Belmont is slow. If you don't need to sell, the rental yield of 4.32% and a monthly rent estimate of $1,070 make holding and renting a reasonable alternative while you wait for conditions to improve.

For context on where Belmont sits in the broader Edmonton picture - our neighbourhood had 48 house transactions and 25 condo transactions in 2026 across 1,102 assessed properties. We're a real, active market. Not the flashiest postcode in the city, but a dependable one. Nearby Sifton Park has house prices averaging $646,323 - nearly double ours - so there's room for Belmont to grow into its potential over time.

Bottom line: check your HonestDoor Price, know your number, and if you're selling a house this summer, price it to move in that 15-day window. That's where the action is.

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.