Delwood, Edmonton - September 2026 Real Estate Report

Delwood Real Estate Update: Prices Are Holding, But the Market Is Sending Signals

If you own a home in Delwood and you have not checked your property value lately, now is the time. The city's assessment is already out of date. The real numbers tell a more interesting story - and not all of it is bad news.

The Vibe: What Is Actually Happening in Delwood Right Now

Let's break it down by property type, because houses and condos are living in two very different realities right now.

Houses - Taking a Breather, But Still Moving

We saw 2 house sales this month, with an average sale price of $395,250 - down 4.8% from last month. Listings are sitting at $419,900 on average, and homes are selling for about 98.83% of list price. That means buyers are getting a small discount, but sellers are not giving the house away. Properties are moving fast - an average of 18 days on market, which ranks 17th out of 112 Edmonton neighbourhoods for speed. That is genuinely quick.

• Average sale price (houses): $395,250
• Average list price: $419,900
• Price per square foot: $364
• Days on market: 18 (ranks 17 out of 112 in Edmonton - very fast)
• Sale-to-list ratio: 98.83%
• Predicted market value: $405,015
• Rental yield: 5.82%
• Estimated monthly rent: $2,103

The predicted value of $405,015 is actually climbing above the 3-month moving average of $402,246, which is a quiet positive signal. Prices dipped this month, but the underlying trend has not collapsed. On the neighbourhood leaderboard, Delwood houses rank 157 out of 291 for growth - below average, but not at the bottom. Think of us as sitting in the middle of the pack, watching which way the wind blows.

For landlords or anyone thinking about renting out, a 5.82% rental yield is genuinely strong. That is not a number to ignore.

Condos - A Slower Lane, But Affordable Entry

The condo side of Delwood is a different conversation. One condo sold this month at $188,000, with listings averaging $220,200. Buyers paid about 94.94% of list price - a bigger discount than houses - and the average days on market was 106 days. That is slow. It ranks 85 out of 112 Edmonton neighbourhoods for selling speed, which puts us in the slower-moving category.

• Average sale price (condos): $188,000
• Average list price: $220,200
• Price per square foot: $163
• Days on market: 106 (ranks 85 out of 112 in Edmonton - slower moving)
• Sale-to-list ratio: 94.94%
• Predicted market value: $175,942
• Rental yield: 4.35%
• Estimated monthly rent: $967

Condo values have dipped 2.17% recently, and the predicted value of $175,942 is sliding below the 3-month moving average of $178,387. That is a cooling signal worth watching. On the growth leaderboard, Delwood condos rank 202 out of 302 - below average for Edmonton. If you own a condo here and are thinking about selling, patience and sharp pricing will matter more than ever.

One bright spot - our condo HonestDoor Price of $175,168 still beats nearby Kildare at $167,500. We are not the cheapest option in the area, which suggests buyers see something worth paying a bit more for.

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

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. The average assessed value for a Delwood house is $371,365. The average HonestDoor Price is $396,501. That is a gap of roughly $25,000 - and that gap is money left on the table if you are using the assessment to make any real financial decisions.

The HonestDoor Price updates in real time using actual market activity. It is the number that reflects what a buyer would actually pay today - not what the city calculated last July. For Delwood specifically, our HonestDoor Price sits 6.77% above the average assessed value across Edmonton. That is not a small difference. That is the difference between underpricing your home and pricing it right.

Yes, the HonestDoor Price for houses has dipped 2.03% from the previous period. That is worth knowing. But knowing it now - not six months from now when the next assessment drops - is exactly the kind of real-time edge that helps you make smarter moves.

The So What - Thinking About Selling This Summer?

If you are a house owner in Delwood and you are considering listing this summer, here is the honest read. The market is not on fire, but it is not frozen either. Homes are selling in 18 days on average - that is fast. Buyers are paying close to full list price. The predicted value of $405,015 is nudging upward. If you price it right and present it well, you have a real shot at a clean sale before the summer winds down.

The catch - listings are sitting at $419,900 on average while sales are closing at $395,250. That gap tells you overpriced homes are sitting. Do not be that listing. Come in sharp, lean on your HonestDoor Price as your anchor, and you will be in a much stronger position than sellers who are guessing.

For condo owners, the honest advice is to go in with eyes open. Buyers have more leverage, days on market are long, and values are drifting down slightly. That does not mean you cannot sell - it means your pricing strategy needs to be tighter and your expectations need to be realistic. A 4.35% rental yield also means holding and renting is a legitimate option worth running the numbers on.

Delwood is not the flashiest neighbourhood on Edmonton's leaderboard right now, but 48 property transactions in 2026 and 1,280 assessed properties means this is an active, established community with real demand. That counts for something.

• Neighbourhood transaction rank in Edmonton: 52nd - solid activity
• House price rank: 235 out of 285 - among the most affordable in Edmonton
• Nearby comparison - Kilkenny houses average $402,327, slightly above us
• Nearby comparison - Kildare and Balwin are both cheaper, both growing at the same pace
• Average rental estimate (neighbourhood): $2,064 per month

Bottom line - check your HonestDoor Price before you make any move. It is free, it is current, and it is the closest thing to what a buyer will actually offer you. The assessment is a starting point. The HonestDoor Price is the real-world check.

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.