Dechene, Edmonton - October 2026 Real Estate Report
Dechene Real Estate Check-In: Solid Ground, But Watch the Signals
If you live in Dechene and you haven't looked at your home's actual market value lately, now is a good time to do that. Your city assessment is already behind the curve - and the gap between what the city thinks your home is worth and what buyers are actually paying is wider than you might expect.
The Vibe: What's Happening on Our Streets Right Now
Houses
If you've been watching the "For Sale" signs in Dechene, here's what's actually happening with houses. The average sale price sits at $510,500, which is up 3.0% from last month. That's a real number - not a projection. But here's the nuance: homes are sitting on the market for an average of 89 days, and buyers are paying about 98.32% of list price. That means we're not in a bidding war situation. Buyers have a little room to negotiate, and sellers need to price sharp from day one.
- Average sale price: $510,500 (up 3.0% month over month)
- Average list price: $469,900
- Price per square foot: $255
- Average days on market: 89 days
- Sale-to-list ratio: 98.32% - buyers are paying slightly under asking
- Properties sold in 2026: 28 total transactions
- Predicted market value: $548,798
- Estimated monthly rent: $2,737 with a rental yield of 5.54%
The predicted value of $548,798 is actually dipping below the 3-month moving average of $555,009. Values have shifted by -2.28% recently. On the neighbourhood leaderboard, Dechene houses rank 165 out of 285 Edmonton neighbourhoods for growth - that puts us in the below-average tier right now. Think of it as the market taking a breather after a strong run.
Condos
The condo story in Dechene is a different one - and honestly, a more interesting one. Only 1 condo sold recently, but it sold in just 8 days and went for 100.23% of list price. Buyers paid over asking. That tells us condo demand here is real, even if the volume is low. The average sale price came in at $420,000, down 2.3% from last month, which suggests a cooling sellers' market - but the speed of that sale says supply is tight.
- Average sale price: $420,000 (down 2.3% month over month)
- Average list price: $429,000
- Price per square foot: $295
- Average days on market: 8 days - among the fastest in Edmonton
- Sale-to-list ratio: 100.23% - buyers paid above asking
- Properties sold in 2026: 10 total transactions
- Predicted market value: $439,796
- Estimated monthly rent: $2,266 with a rental yield of 3.95%
On the condo leaderboard, Dechene ranks 3 out of 113 Edmonton neighbourhoods for days on market - meaning our condos sell faster than almost everywhere else in the city. Price rank is 20 out of 218, putting Dechene condos among the most expensive in Edmonton. Growth rank sits at 220 out of 297, which is below average - but when your product sells in 8 days, that growth number matters a lot less.
The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment
Here's the thing about your city assessment. It's a snapshot taken months ago, using data that's even older than that. It doesn't know what happened on your street last week. The HonestDoor Price is updated in real time using actual transaction data - and right now, it's telling a different story than the city's numbers.
For houses in Dechene, the average city assessment sits at $530,913. The average HonestDoor Price is $545,578 - that's 2.76% higher than what the city has on file. For condos, the HonestDoor Price comes in at $435,025. If you're making any financial decision based on your assessed value alone - whether that's refinancing, listing, or just knowing your net worth - you're working with a number that's already out of date. The HonestDoor Price is the real-world check.
- House assessed value (city): $530,913
- House HonestDoor Price: $545,578 - that's $14,665 more than the city thinks
- Condo HonestDoor Price: $435,025
- 542 properties assessed in Dechene this year
The "So What?" - Thinking About Selling This Summer?
If you're a house owner thinking about listing this summer, the data gives you a clear picture. Prices are up month over month, but homes are taking 89 days to sell and buyers are negotiating. That means your list price has to be right the first time. Overpricing by even 3-4% could cost you weeks on market and a lower final number. The sweet spot right now is pricing close to that $548,798 predicted value - not above it hoping for a miracle.
If you own a condo and you've been sitting on the fence, the 8-day average days on market is your green light. Condo buyers in Dechene are moving fast and paying over asking. That's a seller's window, and it's open right now. With the HonestDoor Price at $435,025 and the predicted value at $439,796, you have a tight, credible range to work with.
One more thing worth knowing - our neighbours in Donsdale are sitting on average house prices of $1,028,451 with slightly faster growth at 0.07%. Jamieson Place is coming in at $483,799. Dechene sits comfortably in the middle - more accessible than Donsdale, better positioned than Jamieson Place. That's a real selling point for buyers who want the west Edmonton area without the Donsdale price tag.
- Donsdale average HonestDoor Price: $1,028,451 - growing at 0.07%
- Jamieson Place average HonestDoor Price: $483,799 - growing at 0.05%
- Dechene sits above Jamieson Place and well below Donsdale - a strong mid-market position
- Neighbourhood growth: 0.06% year over year for houses
Bottom line - Dechene is not a neighbourhood in trouble. It's a neighbourhood where smart pricing and good timing still win. Check your HonestDoor Price before you do anything else. It takes 30 seconds and it's a much better starting point than waiting for next year's assessment letter.
dechene | 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.