Charlesworth, Edmonton - September 2026 Real Estate Report

Charlesworth, Edmonton: Your Neighbour Just Got a Reality Check on Their Home Value

If you have been watching the "For Sale" signs on your street and wondering what is actually going on, here is the straight answer. Charlesworth is a solid, established neighbourhood - but right now, the market is taking a breather. Here is what the numbers actually mean for your wallet.

The Vibe: Houses vs. Condos in Charlesworth

For those of us in houses, the story is mixed. The average sale price this month sits at $472,885, which is down 29.7% from last month. That is a big single-month swing, and it tells us buyers have the upper hand right now. Homes are sitting on the market for an average of 59 days, and sellers are landing about 98 cents for every dollar they ask. Not a disaster, but not a seller's paradise either.

• Average house sale price: $472,885 (down 29.7% from last month)
• Average list price: $549,600
• Price per square foot: $324
• Average days on market: 59 days
• Sale-to-list ratio: 97.96%
• Properties sold this month: 13
• Predicted market value: $534,050
• Estimated monthly rent: $2,645 - rental yield of 5.57%

That 5.57% rental yield on houses is genuinely strong. If you are not selling, holding and renting is a real option worth running the numbers on.

For those of us in condos, the picture is quieter. Only one condo sold this month, and it took 83 days to get there. The average sale price came in at $176,000, down 6.7% from last month, with buyers paying about 97.78% of list. The predicted market value sits at $217,220, which is actually slightly below the 3-month moving average of $218,894 - a sign that condo values here are drifting down, not climbing.

• Average condo sale price: $176,000 (down 6.7% from last month)
• Average list price: $180,000
• Price per square foot: $224
• Average days on market: 83 days
• Sale-to-list ratio: 97.78%
• Properties sold this month: 1
• Predicted market value: $217,220
• Estimated monthly rent: $1,183 - rental yield of 4.30%

On the neighbourhood leaderboard, Charlesworth houses rank 183 out of 291 for growth and 110 out of 285 for price - above average on price, below average on momentum. Condos rank 169 out of 302 for growth and 153 out of 216 for price - below average on both. We are not at the bottom, but we are not leading the pack either.

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

Here is the thing most Charlesworth homeowners do not realize. The city's assessed value on your house is $539,418. But the HonestDoor Price - which pulls from real, current market activity - puts the average at $522,595. That is a gap of over $16,000. Your assessment is a snapshot from the past. The HonestDoor Price is a real-world check on what buyers are actually paying today.

For condos, that gap is even wider. The city says $235,542. HonestDoor says $218,361. That is a $17,000 difference - and if you are making any financial decision based on the city number alone, you could be working with stale data.

The HonestDoor Price for houses is down 2.14% from the previous period. The condo HonestDoor Price is up a modest 0.53%. These are the numbers that reflect what is happening on the ground right now, not what happened 12 months ago when the city did its last sweep.

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

If you are a house owner thinking about listing this summer, here is the honest take. You are entering a market where buyers are negotiating, homes are sitting for nearly two months on average, and sale prices are running below list. That does not mean you should not sell - it means you need to price it right from day one. Overpricing in this market is the fastest way to sit on the market and eventually drop your price anyway.

Your HonestDoor Price of $522,595 is a smarter starting point for that conversation than the city's $539,418 assessment. Pricing closer to where buyers are actually landing deals - not where the city thinks you are - gives you a real edge.

For condo owners, the summer outlook is tougher. One sale a month, 83 days on market, and a predicted value that is trending below its own 3-month average. If you need to sell, price aggressively and be ready to negotiate. If you can wait, the rental yield of 4.30% means holding and renting is a reasonable bridge strategy.

Compared to nearby neighbours, Walker is cheaper for both houses and condos and growing slightly faster. Sakaw condos are cheaper but also growing faster. If buyers are cross-shopping your street against those neighbourhoods, you need your pricing to make a clear case for Charlesworth. Right now, the HonestDoor Price is the most honest tool you have to make that case.

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.