Bergman, Edmonton - August 2026 Real Estate Report

Bergman, Edmonton: Your House Is Worth More Than the City Thinks

If you own a home in Bergman and you have not checked your HonestDoor Price lately, now is the time. The city's assessment says your home is worth one thing. The real market says something different - and the gap is worth knowing about.

The Vibe: What Is Actually Happening in Bergman Right Now

Bergman is a steady, no-drama neighbourhood. We are not seeing the wild swings you get in some parts of Edmonton. What we are seeing is a market that is holding its value and, in some spots, quietly climbing.

Here is the quick snapshot for the neighbourhood overall:

• Average HonestDoor Price (houses): $396,859
• Average assessed value: $385,745
• That gap - $11,114 - is money the city's assessment is leaving on the table
• 546 properties assessed this year
• 16 property transactions recorded in 2026
• Neighbourhood growth: 0.10% year over year

Houses: Stable Ground With a Bit of Upward Drift

If you have been watching the "For Sale" signs in Bergman, here is what is actually happening with houses. The average sale price is sitting at $400,000, and listings are priced right at that same mark. That kind of alignment tells us the market is not overheated - sellers are pricing realistically and buyers are showing up.

• Average sale price: $400,000
• Average list price: $400,000
• Price per square foot: $430
• Sale-to-list ratio: 97% - buyers are paying just under asking
• Average days on market: 39 days
• Predicted market value: $394,229
• 3-month moving average: $390,800 - values are trending up
• Recent value change: 1.08%
• Estimated monthly rent: $2,034
• Rental yield: 5.82% - that is a strong return for Edmonton

The 97% sale-to-list ratio is worth pausing on. Buyers are not getting massive discounts, but they do have a little room to negotiate. This is a stable buyers' market - not a fire sale, not a bidding war. If you are a seller, you need to price right. If you do, homes are moving in about five and a half weeks.

On the neighbourhood leaderboard, Bergman houses rank 127 out of 292 Edmonton neighbourhoods for growth - that puts us in the above-average tier. Days on market ranks 37 out of 108, meaning our homes sell moderately fast compared to the rest of the city. Price rank sits at 225 out of 285, so we are below average in price - which is actually a selling point for buyers looking for value in Edmonton.

Condos: A Dip in Price, But Strong Growth Momentum

The condo picture in Bergman is a bit of a split story. The HonestDoor Price has pulled back 2.21% from the previous period, landing at $242,324. That is worth noting. But here is the flip side - the predicted market value is $247,806, which is climbing above the 3-month moving average of $242,355. So we may be looking at a short-term dip before a bounce.

• Average HonestDoor Price (condos): $242,324 - down 2.21% from last period
• Predicted market value: $247,806
• 3-month moving average: $242,355 - values are trending up from here
• Recent value change: 3.70%
• Estimated monthly rent: $1,317
• Rental yield: 4.28% - moderate but respectable
• 1 condo transaction recorded in 2026

The growth rank for Bergman condos is 46 out of 302 Edmonton neighbourhoods. That puts us in the top performers in the city. For condo owners who are feeling nervous about that price dip, that growth rank is a reason to stay calm. The fundamentals are pointing up.

Compare that to nearby neighbourhoods and Bergman condos look even better. Homesteader condos are averaging $203,507. Beacon Heights is at $130,778. Overlanders comes in at $213,792. Bergman sits above all of them at $242,324. We are the priciest condo market in our immediate corner of Edmonton - and the growth rank backs that up.

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

Here is the honest truth about city assessments. They are calculated once a year, using data that is already months old by the time it lands in your mailbox. The city is not trying to mislead you - that is just how the process works. But it means your assessed value is always a little behind the real world.

The HonestDoor Price updates in real time. It pulls from actual sales, current market trends, and live data - not a snapshot from six months ago. For Bergman house owners, that means your HonestDoor Price of $396,859 is 2.88% higher than the city's average assessed value. On a home worth nearly $400,000, that difference is real money.

If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage is right - use the HonestDoor Price as your starting point. The assessment is a tax document. The HonestDoor Price is a market reality check.

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

Summer is when Edmonton's real estate market gets its legs. If you are a Bergman homeowner thinking about listing, here is the straight talk on where you stand.

Houses are selling at 97% of list price in about 39 days. That is not a hot market, but it is a healthy one. Price your home right and you will find a buyer. Overprice it and you will sit. The data is pretty clear on that.

Your biggest advantage right now is that Bergman is priced below the Edmonton average - which makes us attractive to buyers who have been priced out of pricier neighbourhoods. Overlanders next door has an average HonestDoor Price of $1,274,404. Buyers who want that area but not that price tag are going to look at Bergman. That is a real tailwind for sellers this summer.

For condo owners, the short-term price dip is worth watching but not panicking over. The predicted value is already climbing back above the moving average, and that top-50 growth rank in Edmonton is not something to ignore. If you can hold a few more months, the trend is your friend.

• Best move for house sellers: Price close to $400,000, lean on the HonestDoor Price of $396,859 as your anchor
• Best move for condo owners: Watch the next 60-90 days - the predicted value of $247,806 suggests the dip may already be bottoming out
• Rental angle: A 5.82% yield on houses is genuinely strong - if selling is not urgent, renting at an estimated $2,034 per month is a legitimate option
• Airbnb potential: $102 per night for houses, $65 per night for condos - worth knowing if you are flexible on how you use the property

Bottom line - Bergman is not flashy, but it is solid. The numbers say this neighbourhood is holding its own and quietly moving up the Edmonton leaderboard. That is exactly the kind of market where informed sellers win.

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.