Belvedere, Edmonton - October 2026 Real Estate Report
Belvedere Real Estate Update: Houses Are Cooling, But Condos Are Moving Fast
If you own a home in Belvedere and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment and what your property is actually worth in today's market are two different numbers - and the gap matters more than ever right now.
The Vibe: Houses vs. Condos - Two Very Different Stories
We're seeing a split market in Belvedere right now, and it depends entirely on what you own.
Houses: Taking a Breather
- Average sale price this month: $313,000 - down 10.4% from last month
- Average listing price: $429,900
- Price per square foot: $378
- Homes are selling at 98.86% of list price - buyers are getting slight discounts
- Average days on market: 91 days
- Only 1 house sold this month
- HonestDoor Price: $362,582 - down 0.59% from the previous period
- Predicted market value: $364,726
- Rental yield: 5.90% - that is a strong return for investors
- Growth rank: 171 out of 285 neighbourhoods in Edmonton - below average on the leaderboard
Houses in Belvedere are sitting longer and selling for less than asking. Ninety-one days on market is a signal that buyers have options and they know it. The 3-month moving average for predicted value sits at $370,746, and we're currently trending below that at $364,726. The market isn't crashing - it's just taking a breather. But sellers who price aggressively right now are the ones getting deals done.
Condos: A Different Story Altogether
- Average sale price this month: $118,750 - up 3.2% from last month
- Average listing price: $78,500
- Price per square foot: $156
- Condos are selling at 95.54% of list price
- Average days on market: 26 days
- 2 condos sold this month
- HonestDoor Price: $125,729 - up 0.73% from the previous period
- Predicted market value: $124,816
- Rental yield: 4.34% - moderate but steady
- Growth rank: 76 out of 297 neighbourhoods in Edmonton - above average on the leaderboard
- Days-on-market rank: 19 out of 113 - condos here sell very fast
Condos in Belvedere are one of the quieter success stories in Edmonton right now. Twenty-six days on market, prices ticking up month over month, and a growth rank that puts us in the top quarter of the city. If you own a condo here, the momentum is working in your favour. The 3-month moving average of $124,643 is already being beaten by the current predicted value of $124,816 - a small but real upward move.
The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment
Here is the thing most Belvedere homeowners don't realize. The city's assessed value for houses here averages $342,598. That number is based on a snapshot in time - it doesn't reflect what a buyer would actually pay you today.
The HonestDoor Price for houses is $362,582. That's nearly $20,000 higher than the city's figure. For condos, the city says $123,999 - HonestDoor says $125,729. These aren't small rounding errors. They're real-world numbers built from current market activity, not last year's data sitting in a government database.
The HonestDoor Price updates continuously. Your tax assessment does not. If you're making any decision about your property - selling, refinancing, or just figuring out where you stand - the HonestDoor Price is the number that reflects what's actually happening on the street right now.
The So What: Thinking About Selling This Summer?
For house owners, the honest answer is this: the window is tighter than it was six months ago. Prices are down, days on market are up, and buyers are negotiating. That doesn't mean you can't sell well - it means you need to price smart from day one. A house sitting for 91 days is a house that gets lowball offers. Come in at the right number and you move it.
For condo owners, summer could actually be a good time to make a move. Condos here are selling in under a month, prices are rising, and we rank 76 out of 297 Edmonton neighbourhoods for growth. That's real momentum. Buyers looking for affordable entry points in Edmonton are paying attention to Belvedere condos right now.
Either way, start by pulling your HonestDoor Price. It's the real-world check on what your property is worth today - not what the city decided it was worth last year. Fifty house transactions and 39 condo transactions have already happened in Belvedere in 2026. That's real data, real buyers, and real prices. Use it.
belvedere | edmonton | october 2026This 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.