Donsdale, Edmonton - September 2026 Real Estate Report

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

The Vibe Right Now

If you own in Donsdale, you already know this is one of Edmonton's pricier pockets. But here is what the numbers are actually telling us this season - and it is worth paying attention to whether you are thinking about selling, renting, or just keeping score on your biggest asset.

Houses: Expensive, Slow to Sell, But Holding Value

Let us be straight with you. Houses in Donsdale are not flying off the shelves. With an average of 169 days on market and a days-on-market rank of 106 out of 112 neighbourhoods, we are in slow-moving territory. Only 5 homes sold recently, and buyers are landing deals at about 96.36% of list price - meaning sellers are giving a little ground to close.

That said, the price floor here is high. The average sale price sits at $958,000, and the predicted market value for houses is $1,047,432 - nudging upward from the 3-month moving average of $1,040,870. Price per square foot is around $453. On the Edmonton leaderboard, Donsdale houses rank 21 out of 285 neighbourhoods for price. That puts us firmly in the top tier of the city.

• Average sale price: $958,000
• Predicted market value: $1,047,432
• Price per square foot: $453
• Average days on market: 169
• Properties sold recently: 5
• Sale-to-list ratio: 96.36%
• Estimated monthly rent: $4,269
• Rental yield: 4.77%
• Growth rank: 102 out of 291 neighbourhoods (above average)

For landlords, a rental yield of 4.77% is a decent return for a neighbourhood at this price point. Estimated rent of $4,269 per month is real money, and it reflects the quality of homes we have here.

Condos: Fast-Moving and Surprisingly Affordable - With a Catch

The condo story in Donsdale is a different one. Only 1 condo sold recently, but it moved in just 27 days - a days-on-market rank of 22 out of 112, which means condos here sell fast when they do hit the market. The average sale price came in at $756,000, with listings averaging $775,000 this month and a price per square foot of $466.

Here is the catch though. The HonestDoor Price for condos sits at $290,304 - well below the average assessed value of $422,409. That gap is significant and worth understanding before you make any moves. More on that below.

• Average sale price: $756,000
• Predicted market value: $297,281
• Price per square foot: $466
• Average days on market: 27
• Properties sold recently: 1
• Sale-to-list ratio: 97.55%
• Estimated monthly rent: $1,426
• Rental yield: 4.09%
• Growth rank: 71 out of 302 neighbourhoods (above average)
• Price rank: 4 out of 216 neighbourhoods (among the most expensive in Edmonton)

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

Here is the thing about your city assessment - it is a snapshot taken months ago, sometimes longer. It does not know what happened on your street last Tuesday. The HonestDoor Price is updated in real time using actual sales data, and for Donsdale houses, that number is $1,021,204. The city's average assessed value is $964,697. That is a gap of roughly $56,500 that the city is not giving you credit for.

Yes, the HonestDoor Price has dipped 2.50% from the previous period. The market is taking a breather. But it is still running 5.86% above the average assessed value in Edmonton. If you are basing any financial decision - refinancing, selling, even just knowing your net worth - on your tax assessment alone, you are working with an outdated number.

For condo owners, the picture is different. The HonestDoor Price of $290,304 is actually 31.27% lower than the average assessed value of $422,409. That is a meaningful gap in the other direction, and it is the kind of reality check that saves you from overpricing a listing and sitting on the market for months.

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

If you own a house in Donsdale and are thinking about listing this summer, here is the honest read. Demand is steady but not frenzied. Buyers are negotiating. With 169 average days on market, pricing right from day one is not optional - it is everything. Come in too high and you will be watching your listing go stale while neighbours ask questions.

The good news is that Donsdale still commands serious prices. Neighbourhood growth of 0.07% year over year is modest, but we are outpacing nearby areas like Dechene (0.06%) and Jamieson Place (0.05%). And compared to those neighbours, Donsdale is the premium address - both Dechene (HonestDoor Price $549,325) and Jamieson Place ($483,840) are cheaper, and growing slower.

For condo owners, the fast days-on-market number is encouraging. If you price based on real market data - not the assessed value - you could be looking at a quick sale. The key word there is "if." Pull your HonestDoor Price before you set a number with your agent.

Bottom line: Donsdale is not a neighbourhood where you guess. Check your HonestDoor Price, understand where the market is right now, and make your move with real numbers in hand.

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.