Chambery, Edmonton - August 2026 Real Estate Report

Chambery Real Estate Update: Your Home Is Worth More Than the City Thinks

If you own a home in Chambery and you have not looked at your HonestDoor Price lately, now is the time. The city's assessment says the average home here is worth $635,055. The HonestDoor Price says $660,578. That is a $25,523 gap - and that gap matters when you are making decisions about selling, refinancing, or just figuring out where you stand.

The Vibe: What Is Actually Happening in Chambery Right Now

Let's break it down by property type, because houses and condos are telling two different stories in our neighbourhood right now.

Houses - A Breather, But Still Competitive

If you have been watching the "For Sale" signs in Chambery, here is what is actually happening. The average sale price for houses this month came in at $565,000, which is down 15% from last month. That sounds alarming, but context matters - only 1 house sold this month, so one transaction can swing the average hard. Do not read too much into a single data point.

• Average sale price: $565,000
• Average list price: $545,000
• Sold-to-list ratio: 103.67% - buyers are still paying above asking
• Average days on market: 12 days
• Price per square foot: $288
• Predicted market value: $661,058
• 3-month moving average: $656,240 - and values are trending up
• Estimated monthly rent: $3,117
• Rental yield: 5.33%

Here is the number we love: days-on-market ranks 11 out of 108 neighbourhoods in Edmonton. That means houses in Chambery sell faster than almost everyone else in the city. Twelve days on market is not a slow neighbourhood - that is a neighbourhood where serious buyers show up ready to move. On price, we rank 60 out of 285 Edmonton neighbourhoods - solidly above average. The growth rank sits at 161 out of 292, which puts us in the middle of the pack. The market is taking a breather on price momentum, but the fundamentals are still strong.

Condos - The Quiet Overachiever

Condos in Chambery are doing something interesting. The HonestDoor Price sits at $653,943, and while that is down 6.44% from the previous period, the predicted market value is $698,979 - up from the 3-month moving average of $691,034. Values are climbing even as the broader number adjusts. That kind of divergence is worth paying attention to.

• Average HonestDoor Price: $653,943
• Predicted market value: $698,979
• 3-month moving average: $691,034 - trending upward
• Estimated monthly rent: $3,317
• Rental yield: 3.45%
• Recent value change: 5.96%
• Growth rank: 15 out of 302 Edmonton neighbourhoods

That growth rank is the headline. Condos in Chambery rank 15th out of 302 comparable neighbourhoods in Edmonton for growth. That puts us in the top 5% of the city. If you own a condo here, you are sitting on one of Edmonton's better-performing assets right now - even if it does not feel that way from the outside.

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

The city assessed the average Chambery home at $635,055. That number was calculated months ago using data that is even older. It does not know what happened on your street last week. It does not adjust for what buyers are actually paying right now.

The HonestDoor Price updates in real time. It pulls from actual transactions, current listing activity, and live market signals. Right now, it is pegging the average Chambery home at $660,578 - that is 4.02% higher than what the city's assessment reflects. For a homeowner, that difference is not just a number on a screen. It is the difference between pricing your home right and leaving money on the table.

Think of the city assessment as a snapshot from last year. Think of the HonestDoor Price as what your neighbour's house actually sold for last month. One of those numbers should drive your decisions. The other one drives your property tax bill.

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

Here is the straight talk for anyone considering a move in Chambery this summer.

• Houses are selling in 12 days on average - this is a fast market, not a slow one
• Buyers are paying over asking at a 103.67% sold-to-list ratio - demand is real
• The predicted value for houses is $661,058, sitting above the 3-month average - momentum is pointing up
• Condo growth ranks 15th in the entire city - if you own one, the timing conversation is worth having
• 31 total transactions happened in Chambery in 2026 across 783 assessed properties - this is not a flooded market

The case for selling this summer is not about panic or hype. It is about the numbers. Buyers are showing up, they are paying above list, and they are not sitting on offers for weeks. If your plan is to wait for the market to get "better," ask yourself what better actually looks like - because a 12-day average sale time and a 103% sold-to-list ratio is already pretty good.

Check your HonestDoor Price before you call an agent. Walk into that conversation knowing what your home is actually worth today - not what the city decided it was worth last year.

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.