HonestDoor

    Chambery, Edmonton - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Edmonton, Chambery

    Chambery Real Talk: 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 average assessed value sits at $635,055 - but the average HonestDoor Price is $661,058. That is a $26,000 gap, and it matters more than most people realize.

    The Vibe: What Is Actually Happening in Our Neighbourhood

    Chambery is a solid, established corner of north Edmonton. We had 30 property transactions in 2026 across 783 assessed properties. Neighbourhood growth is sitting at 0.03% year over year - not setting any records, but steady. Think of it as the market catching its breath rather than falling apart.

    Here is how houses and condos are telling two very different stories right now.

    Houses: A Buyer's Window Is Open - But Not Forever

    If you have been watching the "For Sale" signs in Chambery, here is what is actually happening on the house side.

    • Average sale price this month: $651,300 - down 13.4% from last month
    • Average list price: $729,900
    • Price per square foot: $442
    • Homes are selling at 97.35% of list price - buyers are getting small discounts
    • Average days on market: 47 days
    • Properties sold this month: 5
    • Predicted market value: $657,105
    • 3-month moving average: $651,909 - values are trending up from that baseline
    • Estimated monthly rent: $3,103 with a rental yield of 5.34%

    Forty-seven days on market is the number to watch. Compare that to nearby Elsinore where homes are moving in 24 days - that is nearly twice as fast. Our houses are taking longer to sell, which tells us buyers have options and are not rushing. The 13.4% month-over-month price drop sounds alarming, but with only 5 sales, one or two lower-priced properties can move that average significantly. The predicted value of $657,105 is actually creeping above the 3-month average, which suggests the floor is holding.

    On the neighbourhood leaderboard, Chambery houses rank 93 out of 302 Edmonton neighbourhoods for growth - that puts us in the above-average tier. For price, we rank 55 out of 285, meaning we are among the more expensive addresses in the city. Days-on-market ranks 45 out of 103, which is moderately competitive.

    Condos: Proceed With Eyes Open

    The condo picture in Chambery is where we need to be straight with each other.

    • Average HonestDoor Price: $698,979 - up 5.96% from the previous period
    • Predicted market value: $659,670
    • 3-month moving average: $686,044 - values are sliding below that baseline
    • Estimated monthly rent: $3,173 with a rental yield of 3.52%
    • Recent value change: -7.67%
    • Growth rank: 274 out of 296 Edmonton neighbourhoods

    That growth rank of 274 out of 296 puts Chambery condos near the bottom of the Edmonton leaderboard right now. The predicted value has dropped below the 3-month moving average, and the -7.67% recent change is a real number that condo owners should not ignore. The HonestDoor Price of $698,979 is still strong, but the direction of travel is something to watch closely if you are thinking about selling or refinancing.

    One bright spot - the Airbnb rank for condos is 33 in Edmonton, which is genuinely impressive. If you are running a short-term rental or considering it, Chambery condos pull above-average nightly income at an estimated $164 per night.

    The Secret Sauce: Why Your HonestDoor Price Beats Waiting for the Assessment

    Here is the thing about the city's assessed value - it is a snapshot from the past. The assessment process looks at sale data from months ago and applies it broadly across the neighbourhood. It does not know what happened on your street last week. It does not adjust for your renovated kitchen or the new development two blocks over.

    The HonestDoor Price updates in real time. For Chambery houses, it is already sitting $26,000 above the city's average assessment - a 4.09% difference. That gap is money. If you are using the assessed value to make decisions about selling, refinancing, or even just understanding your net worth, you are working with a number that is already behind the curve.

    Check your HonestDoor Price now. It is the real-world check that reflects what buyers are actually paying today, not what the city calculated months ago.

    The So What: Should You Sell in Chambery This Summer?

    If you own a house in Chambery and are thinking about selling this summer, here is the honest read.

    • The market is taking a breather - longer days on market and buyers paying slightly under list price mean you need to price sharp from day one
    • Listing at $729,900 when buyers are paying around $651,300 creates friction - the gap between list and sale price is something to discuss with your agent
    • The rental yield of 5.34% means if you are not ready to sell, holding and renting is a genuinely strong option
    • Nearby Elsinore and Canossa are cheaper and growing faster - buyers comparison-shopping will notice that

    If you own a condo, the summer window is tighter. Values are sliding and the growth rank is near the bottom of the Edmonton leaderboard. If selling is on your radar, sooner is likely better than waiting to see if the trend reverses.

    Either way, start with your HonestDoor Price. It is the most current number you have - and in this market, current information is everything.

    chambery | edmonton | july 2026

    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.

    Sign up for our newsletter

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

    Core

    Home

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


    © 2026 HonestDoor, Inc. All rights reserved.