Blue Quill, Edmonton - July 2026 Real Estate Report

Blue Quill, Edmonton: Your Home Is Worth Way More Than the City Thinks

If you own a home in Blue Quill and you've been going off your city assessment to gauge what your place is worth, it's time for a reality check - a good one. The numbers on the ground tell a very different story than what the city has on file.

The Vibe: What's Actually Happening in Blue Quill Right Now

Blue Quill is a steady, established neighbourhood. We're not seeing the kind of wild swings that make headlines, but the fundamentals here are solid. Let's break it down by property type, because houses and condos are telling two different stories right now.

Houses: A Market Taking a Breather

If you've been watching the "For Sale" signs on our streets, here's what's actually happening. The house market in Blue Quill is cooling off a little, but don't mistake "cooling" for "crashing."

• Average HonestDoor Price: $738,489 - up from the 3-month average of $731,562
• Average sale price this period: $236,500
• Listings averaging: $244,500
• Price per square foot: $216
• Homes are selling at 101.64% of list price - buyers are still paying over ask
• Average days on market: 33 days
• Estimated monthly rent: $3,153
• Rental yield: 5.44%
• 2 house sales recorded this period

The "over list price" number is the one to watch. Even with prices dipping month-over-month, buyers are still coming in above asking. That tells us demand hasn't dried up - supply is just thin. The 33 days on market is a bit longer than nearby Skyrattler at 21 days, which is worth noting if you're planning to sell and need a quick close. On the neighbourhood leaderboard, Blue Quill houses rank 140 out of 302 Edmonton neighbourhoods for growth - solidly above average. For price, we sit at 272 out of 285, which puts us among the most affordable options for a detached house in the city. That's actually a selling point for buyers priced out of fancier postal codes.

Condos: Fast-Moving and Buyer-Friendly

The condo side of Blue Quill is a different animal right now - and honestly, it's one of the more interesting stories in our corner of Edmonton.

• Average HonestDoor Price: $231,202 - with a 3.28% increase from the previous period
• Average sale price: $208,667
• Listings averaging: $174,950
• Price per square foot: $301
• Properties selling at 97.10% of list price - buyers have a little room to negotiate
• Average days on market: 12 days
• Estimated monthly rent: $1,255
• Rental yield: 4.28%
• 3 condo sales recorded this period

Twelve days on market. That's fast. On the Edmonton leaderboard, Blue Quill condos rank 5 out of 108 neighbourhoods for speed of sale. That means our condos are moving faster than almost everywhere else in the city. If you own a condo here and you've been sitting on the fence, that stat should get your attention. Buyers are showing up. The slight dip in predicted value - down 0.58% recently - is worth watching, but it's a small number, not a red flag. On the growth leaderboard, condos rank 139 out of 296 Edmonton neighbourhoods - above average territory.

The Secret Sauce: Your HonestDoor Price vs. Your City Assessment

Here's the thing most Blue Quill homeowners don't realize. The city's assessed value for a house here averages $515,336. The average HonestDoor Price? $745,802. That's a gap of 44.72%. For condos, the city has the average assessed value at $197,090. HonestDoor puts it at $238,791 - 21.16% higher.

Why does this matter? Because your city assessment is a snapshot from the past. It's calculated using old data and broad formulas that don't account for what's actually selling on your street right now. The HonestDoor Price pulls from real, current transaction data and updates in real time. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - using the city's number means you're working with stale information. You could be sitting on significantly more equity than you think.

With 590 houses and 482 condos assessed in Blue Quill this year, and 19 house transactions plus 18 condo transactions already recorded in 2026, there's enough real-world data flowing through the market to give you a genuinely accurate picture. Don't wait for the city to catch up to reality.

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

If you're a Blue Quill homeowner considering a summer sale, here's the straight talk.

• For house sellers: You have a real pricing advantage. Buyers are still paying over list price, which means a well-priced listing can generate competition. The market is slower than a few months ago, so price it right from day one - don't chase the market down. Budget for roughly 33 days on market and plan accordingly.
• For condo sellers: Move fast if you're going to move. Condos are selling in 12 days on average, which is remarkable. The buyer pool is active. The slight recent dip in values means timing matters - sooner is better than later if you want to catch the current wave of demand.
• For everyone: Get your HonestDoor Price before you set a list price. The gap between what the city thinks your home is worth and what the market will actually pay is significant. Knowing that number puts you in the driver's seat in any negotiation.

Blue Quill isn't the flashiest neighbourhood on the Edmonton map, but the value here is real and the rental yields - especially on houses at 5.44% - are genuinely strong. Whether you're selling, holding, or thinking about adding a rental property, the data says Blue Quill is worth paying attention to right now.

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.