Boyle Street, Edmonton - August 2026 Real Estate Report

Boyle Street Real Talk: Your Home Is Worth More Than the City Thinks

If you own property in Boyle Street and you're still going off your city assessment, you're leaving real money on the table. The numbers have shifted, and the gap between what the city says your place is worth and what it's actually worth in today's market is significant. Here's the honest breakdown.

The Vibe: Houses vs. Condos in Boyle Street Right Now

We've got two pretty different stories playing out on the same streets, so let's split them up.

Houses - Steady and Selling Fast

If you've been watching the "For Sale" signs in Boyle Street, here's what's actually happening with houses. The market is calm, but it's moving.

• Average sale price: $430,000
• Average listing price this month: $434,888
• Price per square foot: $270
• Homes are selling at 98.88% of list price - buyers are paying close to asking, but have a little room to negotiate
• Average days on market: 18 days
• HonestDoor predicted value: $532,532
• Estimated monthly rent: $2,332 with a rental yield of 5.69%
• Recent value change: up 0.69%

Eighteen days on market is genuinely fast. Edmonton-wide, Boyle Street houses rank 17th out of 108 neighbourhoods for speed of sale. That means when a house hits the market here, it does not sit. Buyers are paying attention to this pocket of the city.

The rental yield of 5.69% is the number that should catch an investor's eye. That's strong. For context, that means a house here is generating solid income relative to its price - not just appreciating, but actually working for its owner month to month.

One honest note: on the neighbourhood leaderboard for growth, houses in Boyle Street rank 154 out of 292 Edmonton neighbourhoods. That puts us in the below-average tier for price appreciation right now. The market is stable, not surging. Think of it as taking a breather rather than stalling out.

Condos - Affordable Entry Point, But Watch the Trend

The condo side of Boyle Street tells a different story, and we should be straight about it.

• Average sale price: $125,000 - down 8.5% from last month
• Average listing price: $125,000
• Price per square foot: $146
• Properties sold at exactly 100% of list price - no wiggle room for buyers
• Average days on market: 47 days
• HonestDoor predicted value: $277,289
• Estimated monthly rent: $1,132 with a rental yield of 4.21%
• 61 property transactions in 2026 - ranking 6th in all of Edmonton for condo transaction volume
• 1,108 condos assessed this year

Condo prices dipped 8.5% last month and the predicted value is slightly off its 3-month average of $277,829. The market is cooling and finding its balance. On the neighbourhood leaderboard, condo growth ranks 172 out of 302 - below average. Days on market at 47 is moderate, not urgent.

But here's the flip side: Boyle Street condos rank 198 out of 218 for price across Edmonton. That means we're near the bottom of the price ladder city-wide. For a first-time buyer or an investor looking for a low entry point, that's actually the pitch. You're not overpaying to get in.

The transaction volume is also worth noting. Ranking 6th in all of Edmonton for condo sales means this neighbourhood has real liquidity. Condos here change hands. That matters when you eventually want to sell.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here's the thing about city assessments - they're snapshots from the past. The city looks at sale data from a prior period, runs its formula, and mails you a number. By the time it lands in your mailbox, the market has already moved on.

For condo owners in Boyle Street, the gap is hard to ignore. The average city assessment sits at $131,939. The average HonestDoor Price is $277,358. That's 110% higher than what the city has on file. If you're making any financial decision based on that assessment number - whether it's refinancing, selling, or just understanding your net worth - you're working with outdated information.

For house owners, the HonestDoor predicted value of $532,532 is tracking above the average sale price of $430,000. That gap reflects the difference between what's actually sold recently and what the full market value picture looks like when you factor in current conditions and comparable properties.

The HonestDoor Price updates in real time. It's the real-world check against a static government number. Check yours before you make any move.

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

If you're a house owner in Boyle Street and you're thinking about listing this summer, the timing has some things going for it. Eighteen days on market is fast. Buyers are active. You're unlikely to sit and wait. The sale-to-list ratio of 98.88% means you should price sharp - not low, but realistic. Buyers here are informed and they're not overpaying.

The honest caution: growth is middle-of-the-pack right now. You're not selling into a frenzy. Set expectations accordingly, price it right from day one, and you should move it quickly.

For condo owners, summer is a reasonable window but the market is softer. Prices dipped last month and days on market are longer at 47 days. If you need to sell, price it at market and be patient. If you can hold, the rental yield of 4.21% means your condo is still generating income while you wait for conditions to firm up.

Either way, the first step is the same: get your HonestDoor Price and know what you're actually working with before you call an agent or set a number. The city's assessment is not your selling price. Your HonestDoor Price is the starting point for a real conversation.

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.