Bisset, Edmonton - October 2026 Real Estate Report
Bisset, Edmonton: What's Actually Happening With Home Prices Right Now
If you've been watching the "For Sale" signs on your street and wondering whether to make a move, here's the straight story on Bisset. The market is taking a breather - but it's not the same story for houses and condos. Let's break it down.
The Vibe: Houses vs. Condos in Bisset
For houses, we're seeing a split that's worth paying attention to. The average sale price sits at $317,000 this month - down 19.8% from last month - while listings are averaging $439,000. That gap tells you sellers are still hoping for more than buyers are willing to pay. Homes are selling at about 97.95% of list price, so buyers are getting a small discount at the table. The silver lining? Houses here are moving fast - an average of just 3 days on market, which ranks us near the very top in Edmonton for speed. Only 2 houses sold this month though, down 50% from last month, so we're working with thin data. Take the monthly swings with a grain of salt.
- Average house sale price: $317,000
- Average list price: $439,000
- Price per square foot: $333
- Sale-to-list ratio: 97.95%
- Days on market: 3 (very fast - top tier in Edmonton)
- Properties sold this month: 2
For condos, the picture is different. We're looking at a slower, cooler market. One condo sold last month - down 50% - and it sat on the market for 122 days. That's a long wait. The average sale price came in at $196,000, down 8.6% from last month, with listings averaging $219,450. Buyers paid about 97.81% of list price. Condos here are taking longer to move than even nearby Daly Grove, which averaged 116 days. If you own a condo in Bisset and you're thinking about selling, patience is going to be part of the plan.
- Average condo sale price: $196,000
- Average list price: $219,450
- Price per square foot: $192
- Sale-to-list ratio: 97.81%
- Days on market: 122 (slower than nearby neighbourhoods)
- Properties sold this month: 1
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's the thing about your city assessment - it's a snapshot from the past. The city looks at a fixed date and locks in a number. It doesn't know what happened on your street last week, or that the market has shifted in the last few months.
For houses in Bisset, the average city assessment is $429,158. The HonestDoor Price is $428,868 - almost identical, and it's updated in real time. That close alignment is actually useful information. It tells you the city's number is roughly on target right now. But the HonestDoor predicted market value for houses is $427,813, which is already trending down from the 3-month moving average of $434,973. That's a $7,000 drift the city assessment won't catch until next year.
For condos, the gap is much bigger and much more important. The city's average assessed value for condos in Bisset is $230,345. The HonestDoor Price is $145,734 - that's 36.73% lower. If you're a condo owner banking on that assessment number to reflect what you'd actually get on the open market, that's a serious reality check. The HonestDoor Price is the real-world number. Use it.
- House HonestDoor Price: $428,868 (up 0.35% from last period)
- House city assessment: $429,158 - nearly in sync
- Condo HonestDoor Price: $145,734 (up 0.71% from last period)
- Condo city assessment: $230,345 - a $84,611 gap you need to know about
The Neighbourhood Leaderboard: Where Does Bisset Rank?
On the growth leaderboard, Bisset houses rank 206 out of 285 Edmonton neighbourhoods. That puts us in the below-average tier for price growth right now. Condos rank 196 out of 297. Neither number is something to brag about, but here's the context that matters - every nearby neighbourhood is cheaper. Weinlos, Daly Grove, and Pollard Meadows all have lower HonestDoor Prices for houses than we do. Bisset is holding its value better than its neighbours, even if the broader growth ranking isn't flashy.
For rental income, houses here generate an estimated $2,212 per month with a rental yield of 5.77%. That's a strong return. Condos yield 4.33% with an estimated $791 per month - more moderate, but still in positive territory.
- House growth rank: 206 out of 285 (below average)
- House days-on-market rank: 3 out of 116 (top of the city - very fast)
- House price rank: 243 out of 285 (among the most affordable in Edmonton)
- Condo growth rank: 196 out of 297 (below average)
- Condo days-on-market rank: 86 out of 113 (slower side)
- Condo price rank: 129 out of 218 (below average in price)
The So What - Should You Sell in Bisset This Summer?
If you own a house and you're thinking about selling, the timing conversation is real. Houses are moving in 3 days when they do sell - that's a genuine advantage. But prices have dipped and the predicted value is trending below the 3-month average. Listing now means catching buyers while inventory is still relatively tight. Wait too long and that drift could cost you.
If you own a condo, this summer is tougher. One sale in a month, 122 days on market, and a predicted value that's sliding below its own 3-month average - that's a market telling you to price sharp or wait for conditions to improve. The HonestDoor Price of $145,734 is your anchor. Don't list based on the city's $230,345 assessment and expect that result. You won't get it.
Either way, pull your HonestDoor Price before you have any conversation with an agent. It's the number that reflects today, not last January. That's the difference between pricing to sell and pricing to sit.
bisset | 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.