Cromdale, Edmonton - July 2026 Real Estate Report

Cromdale Real Estate Check-In: Your House and the City's Numbers Are Telling Different Stories

If you own property in Cromdale and you're still going off your tax assessment, you're working with old information. Here's what's actually happening on the ground right now.

The Vibe: Houses vs. Condos - Two Very Different Markets

We've got a split personality situation in Cromdale right now, and it matters depending on what you own.

Houses: The house market here is taking a breather. The average sale price sits at $244,000, with properties moving at about 98.87% of list price - meaning buyers are getting a small discount at the table. Homes are sitting for around 24 days before selling, which is actually faster than a lot of Edmonton neighbourhoods (our days-on-market ranks 23rd out of 103 comparable areas). Only 1 house sold recently, so we're working with a thin slice of data. The predicted market value for a house is $568,507, which is nudging upward from the 3-month average of $566,261. That's a slow climb, not a rocket ship. On the neighbourhood growth leaderboard, houses rank 222 out of 302 - that puts us in the below-average tier for Edmonton right now.

Condos: This is where Cromdale gets interesting. Condo prices jumped 38.4% from last month to an average of $125,500, and properties are selling at 101.63% of list price - buyers are going over asking. With an average of just 12 days on market, condos here are moving fast. On the growth leaderboard, Cromdale condos rank 34 out of 296 neighbourhoods - that puts us firmly in the top performers category in Edmonton. Two sales this month, with the predicted value at $113,310, up from a 3-month average of $110,315.

• House average sale price: $244,000
• House price per sq ft: $269
• House days on market: 24
• House sale-to-list ratio: 98.87% (buyers market)
• Condo average sale price: $125,500 (up 38.4%)
• Condo price per sq ft: $131
• Condo days on market: 12
• Condo sale-to-list ratio: 101.63% (sellers market)

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here's the thing about your city assessment - it's a snapshot from months ago, built on a formula, not on what a buyer would actually hand you a cheque for today.

For houses in Cromdale, the average assessed value is $590,885. The HonestDoor Price right now is $566,672. That's a gap of roughly $24,000. If you're pricing a home based on your assessment, you could be starting the conversation in the wrong place entirely.

For condos, the assessed value averages $112,205 versus a HonestDoor Price of $111,498. Closer, but the HonestDoor Price is also tracking a recent dip of 1.60% - something the static assessment won't show you until next year.

The HonestDoor Price updates in real time using actual transaction data. It's the real-world check that tells you where the market is today, not where it was when the city last ran its numbers. With 144 houses and 533 condos assessed in Cromdale this year, there's a solid data foundation behind these estimates.

• House assessed value: $590,885 - HonestDoor Price: $566,672 (gap of about $24,000)
• Condo assessed value: $112,205 - HonestDoor Price: $111,498
• House HonestDoor Price change: -0.32% recently
• Condo HonestDoor Price change: -1.60% recently

How We Stack Up Against the Neighbours

Context matters. Here's where Cromdale sits relative to the areas around us.

For houses, River Valley Kinnaird is the premium option nearby at $738,980 - significantly higher than our $566,672. Virginia Park comes in cheaper at $518,069 with the same 0.08% growth rate we're seeing. Parkdale is the most affordable of the group at $306,582 but is actually growing slightly faster at 0.12%.

For condos, the picture shifts. Parkdale condos average $193,527 and are growing faster. Virginia Park condos sit at $118,194, just a touch above us. River Valley Kinnaird condos are actually cheaper than Cromdale at $106,884. That means for condo buyers, Cromdale offers a competitive entry point with top-tier growth momentum.

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

The honest answer depends on what you own.

If you own a condo, the timing is genuinely good right now. Buyers are moving fast, paying over asking, and Cromdale condos are outperforming most of Edmonton on the growth leaderboard. A rental yield of 4.35% also means investors are paying attention. If you've been sitting on a condo waiting for the right moment, this summer is worth a serious conversation.

If you own a house, the picture is more patient. The market is stable but not hot. Buyers are getting slight discounts, and the neighbourhood growth rate puts us in the lower half of Edmonton. That said, a predicted value of $568,507 with a rental yield of 5.51% means the fundamentals are solid - this isn't a market in trouble, it's just not in a rush. If you need to sell, price it sharp. If you can wait, there's no panic here.

Either way, pull your HonestDoor Price before you do anything else. It's free, it's current, and it'll stop you from walking into a listing conversation with a number that's already out of date.

• House rental yield: 5.51% - strong for income-focused owners
• Condo rental yield: 4.35% - moderate but competitive
• Cromdale condo growth rank: 34 out of 296 (top tier in Edmonton)
• Cromdale house growth rank: 222 out of 302 (below average)
• Total condo transactions in 2026 so far: 57 (ranks 7th in Edmonton for volume)

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.