Delwood, Edmonton - August 2026 Real Estate Report

Delwood, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Delwood and you're still going off your city assessment, you're leaving money on the table. The average assessed value here sits at $371,365 - but the average HonestDoor Price tells a different story at $404,727. That's nearly $33,000 more. That gap matters, whether you're selling, refinancing, or just trying to know where you actually stand.

The Vibe: What's Happening in Delwood Right Now

Delwood is a neighbourhood that doesn't make a lot of noise, but the numbers are quietly solid. We saw 43 property transactions in 2026 across 1,280 assessed properties, and our growth rank of 44 out of 292 neighbourhoods in Edmonton puts us in the top tier of performers citywide. That's not a small thing. Most of Edmonton is watching us from behind.

Houses: The Real Story

If you've been watching the "For Sale" signs in Delwood, here's what's actually happening with houses right now.

• Average sale price: $415,000 - up 33.9% from last month
• Average list price this month: $419,900
• Price per square foot: $384
• Homes are selling at 98.83% of list price - buyers are close to full ask
• Average days on market: 18 days
• 1 house sold this period
• HonestDoor predicted value: $405,402
• 3-month moving average: $398,919 - and we're trending above it
• Estimated monthly rent: $2,105 with a rental yield of 5.82%
• Days-on-market rank: 17 out of 108 - that means houses here sell faster than almost everyone else in Edmonton
• Growth rank: 44 out of 292 neighbourhoods

Eighteen days on market and buyers paying nearly full list price - that's not a slow market taking a breather. Houses in Delwood are moving. The predicted value of $405,402 is climbing past the 3-month average, which tells us the momentum is real, not a blip. A rental yield of 5.82% also means investors are paying attention to us.

Condos: A Different Pace

The condo picture in Delwood is a bit more measured, and we should be honest about that.

• Average sale price: $188,000
• Average list price this month: $220,200
• Price per square foot: $163
• Properties sold at 94.94% of list price - buyers are negotiating more room here
• Average days on market: 106 days
• 1 condo sold this period
• HonestDoor predicted value: $179,838
• 3-month moving average: $180,817 - values are slightly softening
• Estimated monthly rent: $988 with a rental yield of 4.35%
• HonestDoor Price: $175,942 - down 2.17% from the previous period
• Growth rank: 142 out of 302 - above average in Edmonton
• Days-on-market rank: 81 out of 111 - condos are sitting longer than most

106 days on market is a long time, and buyers are knocking about 5% off the asking price before they sign. Condos here are still above average in Edmonton for growth, but this segment is taking a breather. If you own a condo in Delwood and are thinking about selling, timing and pricing strategy matter a lot more right now than they do for house sellers.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here's the thing about your city assessment - it's a snapshot from the past. The city looks at a fixed date, runs its formula, and mails you a number. It doesn't know what sold on your street last month. It doesn't adjust for what buyers are actually paying right now.

The HonestDoor Price is a real-world check. It pulls in current sales data, market trends, and live activity to give you a number that reflects today - not last year. For Delwood houses, that number is $404,727 on average, which is 8.98% higher than the average city assessment. That gap is not a rounding error. It's the difference between knowing your real position and guessing.

If you're a homeowner here, check your HonestDoor Price before you do anything - before you list, before you refinance, before you even call an agent. Know your number first.

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

For house owners in Delwood, the setup heading into summer is about as good as it gets in this price range. Homes are selling in 18 days, buyers are paying close to full list, and the predicted value is trending up past the 3-month average. You are not in a soft market. If you've been sitting on the fence, this is the window you've been waiting for.

Compare us to the neighbours - Kildare is cheaper, Balwin is cheaper, and even Kilkenny at a slightly higher price point is growing slower than we are. Delwood is punching above its weight on the Edmonton neighbourhood leaderboard, and that's exactly the kind of story that attracts buyers who've been priced out of pricier areas.

For condo owners, the honest advice is this - price it right from day one. With 106 average days on market and buyers negotiating harder, an overpriced condo will just sit. The HonestDoor Price of $175,942 is your anchor. List close to reality, and you'll find your buyer faster than the average suggests.

Bottom line - Delwood is a solid neighbourhood with real upside for house sellers this summer. Know your HonestDoor Price, price it sharp, and you'll be in a strong position.

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.