East Lake Industrial, Airdrie - September 2026 Real Estate Report

East Lake Industrial, Airdrie: What Your Neighbour Hasn't Told You Yet

The Vibe Right Now

If you've been watching the "For Sale" signs around East Lake Industrial, here's the honest read: this neighbourhood is a split story depending on what you own. Houses and condos are moving in completely different directions, and knowing which side you're on matters a lot right now.

Houses - Holding Steady, But Watch the Trend

The average HonestDoor Price for a house in East Lake Industrial sits at $565,290, up 3.30% from the previous period. That's a real number - not a government estimate that was calculated last year. But here's the catch: the predicted market value is $547,206, and that number is sliding. It's down from a 3-month moving average of $553,250, and recent price movement is sitting at -1.87%.

Translation for us locals: the headline number looks good, but the short-term momentum is pointing downward. The market is taking a breather on the house side.

• Average HonestDoor Price: $565,290 (up 3.30%)
• Predicted Market Value: $547,206
• 3-Month Moving Average: $553,250
• Recent Price Change: -1.87%
• Rental Estimate: $2,681 per month
• Rental Yield: 5.61% - that is a strong return for landlords
• Airbnb Estimate: $133 per night
• Neighbourhood Growth Rank: 47 out of 48 in Airdrie

That growth rank is the number we need to talk about. 47 out of 48 on the neighbourhood leaderboard means East Lake Industrial houses are near the bottom of the pack in Airdrie right now. That is not a reason to panic, but it is a reason to pay attention.

Condos - A Different Story Altogether

Condos here are showing some green shoots, but there are real warning signs too. The average HonestDoor Price dropped 7.07% to $257,345. Sales are happening - 4 properties sold this month, 10 transactions recorded in 2026 so far - but buyers are paying only 95.40% of list price on average. That gap between asking and selling tells you buyers have leverage right now.

• Average HonestDoor Price: $257,345 (down 7.07%)
• Average Sale Price This Month: $270,625 (down 9.2% from last month)
• Average List Price: $283,675
• Price Per Square Foot: $312
• Sale-to-List Ratio: 95.40%
• Days on Market: 26 days average
• Rental Estimate: $1,395 per month
• Rental Yield: 4.23%
• Airbnb Estimate: $69 per night
• Neighbourhood Growth Rank: 15 out of 40 in Airdrie - above average

The predicted value for condos is $276,915, and it is actually creeping up above the 3-month average of $273,173. The growth rank of 15 out of 40 puts condos in above-average territory on the leaderboard. So while the recent price drop looks scary, the forward-looking signal is more optimistic.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the thing about your city assessment: it is a snapshot from months ago, calculated using broad formulas that do not know your specific street, your renovated kitchen, or what the unit next door just sold for. The HonestDoor Price updates in real time using actual transaction data. Right now, with house values sliding and condo prices bouncing around, that difference is not small - it could be tens of thousands of dollars.

If you are a house owner in East Lake Industrial sitting on a city assessment from earlier this year, your real-world number today could look quite different. Checking your HonestDoor Price right now is not just a curiosity - it is the only way to know what your property is actually worth in this market, today.

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

For house owners, the honest answer is: do not wait too long. The 3.30% gain on the HonestDoor Price is real, but the predicted value is already drifting below that average, and a growth rank of 47 out of 48 means this neighbourhood is not leading the charge in Airdrie. If you are thinking about listing, this summer is a better window than waiting to see if the trend reverses.

For condo owners, the picture is more nuanced. Buyers are negotiating hard - that 95.40% sale-to-list ratio means if you list at $283,000, expect offers closer to $270,000. Price it right from day one. Overpricing right now will cost you time and money. The 26-day average days on market is not terrible, but it is not a hot market either.

The comparison to nearby neighbourhoods is worth keeping in mind too. Edmonton Trail and Annexation Area Rural are priced significantly higher, which tells us East Lake Industrial still has room to grow long-term - but right now, the local leaderboard says we are not the neighbourhood pulling ahead of the pack. Know that going in, price accordingly, and you can still get a solid deal done this summer.

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.