Delwood, Edmonton - July 2026 Real Estate Report

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

If you own a home in Delwood and you have not checked your HonestDoor Price lately, you are probably sitting on more equity than your tax assessment is telling you. The city says your home is worth around $371,365. The real world says closer to $405,114. That gap matters - and we will get into exactly why below.

The Vibe: What Is Actually Happening in Delwood Right Now

Delwood is a neighbourhood that does not make a lot of noise, but the numbers are worth paying attention to. With 1,280 properties assessed this year and 41 transactions recorded in 2026, there is steady activity here - not a frenzy, but not a ghost town either. Here is the honest breakdown by property type.

Houses: Fast Off the Shelf, But Prices Are Taking a Breather

If you have been watching the "For Sale" signs in Delwood, here is what is actually happening with houses right now. Sales volume is thin - only 1 house sold this period, down 50% from last month. That kind of low volume means a single sale can swing the average hard, which explains why the average sale price of $310,000 looks down 34.3% from last month. Do not panic over that headline number. With one sale in the data, it is a snapshot, not a trend.

What is more telling is how fast houses are moving when they do hit the market. Days on market is averaging just 15 days, which ranks 14th out of 103 comparable Edmonton neighbourhoods. That puts us in the top tier for speed. Buyers are not sleeping on Delwood houses.

• Average sale price: $310,000
• Average list price this month: $334,900
• Price per square foot: $321
• Sale-to-list ratio: 92.56% - buyers are negotiating below ask
• Average days on market: 15
• Days-on-market rank: 14 out of 103 in Edmonton - very fast-selling
• Predicted market value (HonestDoor): $396,319
• Rental yield: 5.83%
• Estimated monthly rent: $2,064
• Growth rank: 133 out of 302 - above average in Edmonton

The predicted market value of $396,319 is ticking up from the 3-month moving average of $395,331. Small move, but it is moving in the right direction. A 5.83% rental yield is genuinely strong - that is the kind of number that gets investors interested in a neighbourhood.

Condos: A Slower Story, But Still Holding Value Against Neighbours

We will be straight with you - the condo side of Delwood is taking more of a breather. One condo sold this period, down 50% from last month, and it sat on the market for 106 days. Compare that to nearby Kildare at 70 days and you can see condos here are moving slower than the competition.

The predicted market value has dipped slightly to $179,381, just below the 3-month moving average of $180,758, and recent value change sits at -2.10%. That is a real signal that the condo market is cooling. The sale-to-list ratio of 94.94% means buyers are still negotiating below ask, and the average sale price of $188,000 is down 10% from last month.

• Average HonestDoor Price: $179,838 - up 0.25% from last period
• Average sale price: $188,000
• Average list price this month: $220,200
• Price per square foot: $163
• Sale-to-list ratio: 94.94%
• Average days on market: 106
• Estimated monthly rent: $985
• Rental yield: 4.34% - moderate
• Growth rank: 205 out of 296 - below average in Edmonton

One bright spot - even with the softness, Delwood condos are still priced above nearby Kildare ($165,478 predicted value) and well above Balwin ($94,724) and Kilkenny ($115,914). We are holding relative value in the area even if the trend is flat-to-down right now.

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

Here is the thing about your city assessment. It is calculated once a year, using data that is already months old by the time it lands in your mailbox. It is a backward-looking number built for tax purposes, not for understanding what your home is actually worth today.

The HonestDoor Price updates in real time. It pulls from actual sales, current market signals, and live comparable data. For Delwood houses, that means the HonestDoor Price of $405,114 is running 9.09% above the average city assessment of $371,365. That is roughly a $33,749 gap - and that gap is your real equity that the city is not counting.

The HonestDoor Price for houses has also increased 2.29% from the previous period. The city assessment will not catch up to that move until next year. If you are making any financial decision - refinancing, selling, or just figuring out where you stand - the HonestDoor Price is the real-world check you need right now.

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

If you own a house in Delwood and you are thinking about listing this summer, here is the honest take. The market is not on fire, but it is not broken either. Houses that are priced right are selling in about 15 days - that is genuinely fast for Edmonton. The catch is that buyers are landing deals at around 92.56% of list price, so pricing strategy matters. Come in too high and you will sit. Price it sharp and you will move.

Your neighbourhood leaderboard stat to know: Delwood houses rank 133 out of 302 Edmonton neighbourhoods for growth. That puts us in the above-average half of the city - a solid talking point when you are negotiating with a buyer who tries to lowball you.

For condo owners, summer 2025 is a tougher conversation. With 106 days on market and a growth rank of 205 out of 296, the condo segment is in below-average territory right now. If you need to sell, price aggressively and be ready to negotiate. If you can wait, the rental yield of 4.34% means holding and renting is a reasonable option while the market finds its footing.

Either way, start by pulling your HonestDoor Price at HonestDoor.com. Know your real number before you talk to anyone. That is the move.

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.