Cloverdale, Edmonton - October 2026 Real Estate Report
Cloverdale Real Estate Check-In: Your Neighbour's Assessment Is Already Out of Date
The Vibe Right Now
If you own a home in Cloverdale and you haven't looked at your HonestDoor Price lately, now is the time. The city's assessment says one thing. The actual market is saying something slightly different. And that gap matters when you're making decisions about selling, refinancing, or just figuring out where you stand.
Houses: Prices Are Up, But the Market Is Taking a Breather
Here's what's actually happening on the house side of Cloverdale right now. The average sale price hit $495,000 last month - that's up 6.9% from the month before. Sounds great. But dig a little deeper and the picture gets more nuanced.
- Average sale price: $495,000 (up 6.9% from last month)
- Average list price: $535,000
- Price per square foot: $275
- Sale-to-list ratio: 92.52% - buyers are paying below asking
- Days on market: 52 days
- Properties sold this period: 1 (down 50% from last month)
- HonestDoor predicted value: $717,880
- 3-month moving average: $731,530
- Estimated monthly rent: $3,274
- Rental yield: 5.23%
Only one house sold, and buyers got it for about 7.5% under list price. That tells you buyers have some room to negotiate right now. The HonestDoor predicted value of $717,880 is also trending down from the 3-month average of $731,530 - a drop of about 2.46%. On the neighbourhood leaderboard, Cloverdale houses rank 179 out of 285 Edmonton neighbourhoods for growth. That puts us in the below-average tier for appreciation right now. Not alarming, but worth knowing.
The silver lining? Days-on-market ranks 48 out of 116 - meaning houses here still sell faster than most of Edmonton when priced right. And at price rank 36 out of 285, Cloverdale is firmly in the top tier of expensive Edmonton neighbourhoods. We're not a bargain bin - buyers know that coming in.
Condos: Steady, Slow, and Sitting on the Market
The condo story in Cloverdale is a different one. Things are stable, but slow. One condo sold at $230,000, and it sat on the market for 100 days before it did. That's a long time.
- Average sale price: $230,000
- Average list price: $249,700
- Price per square foot: $165
- Sale-to-list ratio: 96.12% - buyers paid close to asking, but still under
- Days on market: 100 days
- HonestDoor predicted value: $342,417
- 3-month moving average: $343,900
- Estimated monthly rent: $1,809
- Rental yield: 4.12%
- Total transactions in 2026: 13
On the leaderboard, Cloverdale condos rank 130 out of 297 for growth - that's actually above average for Edmonton. Price rank sits at 107 out of 218, so we're in the upper half of the city for condo pricing. But the days-on-market rank of 77 out of 113 tells you these units are moving slower than most. If you're selling a condo here, patience and sharp pricing are your best tools.
One comparison worth noting: nearby Riverdale condos have a HonestDoor predicted value of $348,175 - just slightly above Cloverdale's $342,417. If you're a buyer choosing between the two, Cloverdale is the better value play right now.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment. It's a snapshot from months ago, built on data that's already stale by the time it lands in your mailbox. The average assessed value for Cloverdale houses is $721,376. But the HonestDoor Price right now is $715,093 - that's 0.87% lower than what the city thinks your home is worth.
For condos, the gap is even bigger. The city's average assessed value is $357,136. The HonestDoor Price is $338,228 - that's 5.29% lower. If you're making any financial decision based on your assessment alone, you could be working with a number that's off by thousands of dollars.
The HonestDoor Price updates in real time using actual transaction data. It's not a guess - it's the closest thing to what a buyer would actually pay today. That's the number you want in your back pocket before any conversation with a realtor, a bank, or a buyer.
The So What - Should You Sell in Cloverdale This Summer?
If you're a house owner thinking about listing this summer, here's the honest take. You're sitting in one of Edmonton's top 36 most expensive neighbourhoods. That's a real advantage. But the market is taking a breather - values are down about 2.46% recently, and buyers are successfully negotiating below list price. Pricing your home right from day one isn't optional right now. It's everything.
If you overprice, you'll sit. Fifty-two days on market is already on the longer side. Price it sharp and you can still move it faster than most Edmonton neighbourhoods.
For condo owners, the math is trickier. A 100-day average on market means you need to go in with realistic expectations. The rental yield of 4.12% is moderate - if selling feels uncertain, holding and renting is a legitimate option worth running the numbers on.
Either way, start with your HonestDoor Price - not your assessment. That's the real-world number. Everything else is just paperwork.
cloverdale | edmonton | october 2026This 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.