Daly Grove, Edmonton - August 2026 Real Estate Report

Daly Grove Real Estate Update: Your Home Is Worth More Than the City Thinks

If you own a home in Daly Grove and you have not checked your HonestDoor Price lately, you are probably sitting on more equity than your last tax assessment is telling you. Here is the straight story on what is actually happening in our neighbourhood right now.

The Vibe: Houses vs. Condos in Daly Grove

Houses - A Breather, Not a Crash

If you have been watching the "For Sale" signs on our streets, here is what is actually happening. The average house sale price this month sits at $413,667, which is down 2.7% from last month. That sounds alarming, but do not panic. The predicted market value for houses is $438,188 - and that number is actually climbing above the 3-month moving average of $436,383. We are seeing a short-term dip in sales, not a collapse in value.

• Average sale price (this month): $413,667
• Average list price (this month): $427,600
• Price per square foot: $367
• Homes selling at 96.68% of list price - buyers are negotiating, but not by much
• Average days on market: 35 days
• 3 houses sold this month
• Predicted market value: $438,188
• Rental yield: 5.77% - that is a strong return if you are thinking landlord
• Estimated monthly rent: $2,203

On the neighbourhood leaderboard, Daly Grove houses rank 99 out of 292 Edmonton neighbourhoods for growth. That puts us solidly above average. Days on market ranks 33 out of 108, meaning our houses move faster than most. The market is taking a breather on price, but the fundamentals here are holding up.

Condos - The Honest Picture

We will be straight with you on condos. This segment is softer right now. One condo sold this month at $245,000, and units are sitting on the market for an average of 116 days. That is longer than nearby Pollard Meadows at 89 days. The predicted market value of $196,589 is also dipping below the 3-month moving average of $198,134, and recent value change is sitting at -2.20%.

• Average sale price: $245,000
• Average list price: $257,500
• Price per square foot: $227
• Condos selling at 95.15% of list price
• Average days on market: 116 days
• 1 condo sold this month
• Predicted market value: $196,589
• Rental yield: 4.30% - moderate, but still positive
• Estimated monthly rent: $1,064

Growth rank for condos is 249 out of 302 Edmonton neighbourhoods. That is a bottom-performer ranking and worth knowing if you are a condo owner weighing your options. The silver lining - our condo sale price of $245,000 still beats nearby Crawford Plains at $241,000, and our HonestDoor Price of $201,431 is ahead of every comparable neighbourhood nearby.

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

Here is the thing about your city assessment. It is a snapshot taken months ago, using data that is even older than that. It does not know what happened on your street last week. The HonestDoor Price is a real-time check on what your property is actually worth in today's market - and in Daly Grove, that gap is significant.

For houses, the average city assessment is $410,923. The average HonestDoor Price is $441,392. That is a $30,469 difference - and the HonestDoor Price is 7.41% higher than the Edmonton average assessed value. It has also moved up 0.73% from the previous period. Your assessment is not lying, it is just behind. The HonestDoor Price is the number that reflects what a buyer would actually put on the table today.

For condos, the gap is even wider. The average city assessment is $175,888. The average HonestDoor Price is $201,431 - that is 14.52% higher than the Edmonton average assessed value, and it has climbed 2.46% from the previous period. If you are a condo owner using your assessment to gauge your equity, you are almost certainly underestimating what you own.

927 residential properties were assessed in Daly Grove this year. That is a lot of neighbours who may be making financial decisions based on a number that is already out of date.

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

If you are a house owner in Daly Grove and you are thinking about listing this summer, here is the honest read. Prices dipped this month, but the predicted value trend is pointing back up. You are in a neighbourhood that ranks above average for growth and moves homes faster than most of Edmonton. The window is not closed - but pricing it right from day one matters. Homes here are selling at 96.68% of list price, so there is not a lot of room to start high and negotiate down.

If you own a condo, be realistic about timing. At 116 days on market and a predicted value that is softening, this is not the moment to test the ceiling on your asking price. A sharp list price close to that $196,589 predicted value will serve you better than sitting on the market through the summer.

Either way, start with your HonestDoor Price - not your assessment - as your baseline. Then look at what 39 house transactions and 27 condo transactions in 2026 are actually telling us about demand in Daly Grove. Buyers are here. They are just paying attention to value.

• Daly Grove house growth rank: 99 out of 292 Edmonton neighbourhoods - above average
• Daly Grove condo growth rank: 249 out of 302 Edmonton neighbourhoods - below average
• Neighbourhood year-over-year growth: 0.10% for houses, 0.11% for condos
• Total transactions in 2026: 39 houses, 27 condos
• Nearest competition: Bisset is cheaper on condos and growing at the same pace - worth watching

Bottom line - Daly Grove is not a neighbourhood in trouble. Houses are holding real value and condos still beat several neighbours on price. Know your real number, price it smart, and you are in a good position heading into summer.

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.