Cloverdale, Edmonton - September 2026 Real Estate Report

Cloverdale Real Estate Right Now: Two Very Different Stories Under One Roof

If you own property in Cloverdale, Edmonton, the market is not giving you one clean answer right now - it is giving you two. Houses and condos are moving in completely opposite directions, and knowing which side you are on could mean thousands of dollars in your pocket. Here is the straight talk.

The Vibe: Houses vs. Condos in Cloverdale

Let us start with houses, because the news is genuinely good. Our houses are among the most expensive in Edmonton - ranked 16th out of 285 comparable neighbourhoods on price. That is a top-6% finish. When homes do hit the market, they are flying. The average days on market is just 10 days, which puts us at rank 9 out of 112 neighbourhoods for speed. Buyers are not just showing up - they are paying 103.74% of the asking price on average. That means sellers are walking away with more than they listed for. In a city where a lot of neighbourhoods are seeing hesitation, that is a real signal.

• Average house sale price this month: $463,250
• Average listing price: $575,000
• Price per square foot: $488
• Average days on market: 10 days
• Sale-to-list ratio: 103.74% - buyers are paying over asking
• Predicted market value: $736,011 - up from the 3-month average of $728,262
• Estimated monthly rent: $3,339 with a rental yield of 5.20%

Condos are a different conversation. Only 1 condo sold this month, and it sat on the market for 100 days before it did. The average sale price came in at $230,000 - down 4.2% from last month - and buyers paid only 96.12% of the asking price. That means sellers are discounting to close. The predicted condo value of $342,484 is actually trending down from the 3-month moving average of $347,523. This part of our market is taking a breather, and sellers need to know that going in.

• Average condo sale price: $230,000 - down 4.2% month over month
• Average listing price: $249,700
• Price per square foot: $165
• Average days on market: 100 days
• Sale-to-list ratio: 96.12% - buyers are negotiating discounts
• Predicted market value: $342,484 - decreasing from 3-month average
• Estimated monthly rent: $1,808 with a rental yield of 4.12%

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

Here is something most Cloverdale homeowners do not think about until it is too late. The city assessed the average house in this neighbourhood at $721,376. The average HonestDoor Price right now is $717,880. That is a $3,496 gap - and it is moving. The HonestDoor Price has shifted 2.46% from the previous period. Your city assessment? It was calculated months ago using old data and a formula that does not care what buyers are actually doing on your street today.

For condos, the gap is even wider. The average assessed value is $357,136, but the average HonestDoor Price is $342,417 - that is 4.12% lower than what the city thinks your unit is worth. If you are making any financial decision based on that assessed number - whether it is refinancing, listing, or just knowing your net worth - you are working with stale information.

The HonestDoor Price is the real-world check. It updates in real time using actual transaction data. In a market that is moving as fast as Cloverdale houses are - or as slowly as Cloverdale condos are - that difference is not a footnote. It is the whole story.

The Neighbourhood Leaderboard: Where Does Cloverdale Stand?

On the growth side, we are honest with ourselves. Cloverdale houses rank 203 out of 291 neighbourhoods for growth - that puts us in the below-average tier on the Edmonton leaderboard. Condos rank 166 out of 302 for growth. Neighbourhood-wide, we are growing at just 0.04% year over year for houses and 0.06% for condos. Compare that to next-door Strathearn, which is growing at 0.08% for houses - double our pace - at a lower price point of $679,077.

Riverdale, right beside us, is a different league entirely. House prices there average $1,297,299 and condos sit at $348,175. But Riverdale homes are selling in 7 days compared to our 10, which tells you demand is even tighter over there. Mill Creek Ravine North is slightly more expensive than us at $772,647 for houses. We are not the cheapest option in the area, and we are not the fastest-growing - but we are holding real value in a strong price tier.

The So What - Should You Sell in Cloverdale This Summer?

If you own a house in Cloverdale, this summer is genuinely worth a serious look. Buyers are paying over asking, homes are gone in 10 days, and the predicted value of $736,011 is trending upward. You are sitting in the top 6% of Edmonton neighbourhoods by price. The window where buyers are this motivated does not stay open forever, and with only 2 house sales recorded this month, low inventory is working in your favour right now.

If you own a condo, the honest advice is to wait or price very aggressively from day one. A 100-day average on market and a sale price that came in below asking tells you buyers have options and patience. The predicted value is drifting down. If you need to sell, price it sharp and do not chase the assessed value - use your HonestDoor Price as your anchor instead.

Either way, the first move is the same. Check your HonestDoor Price today. Not the number the city mailed you. The number the market is actually saying right now.

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.