Eastwood, Edmonton - September 2026 Real Estate Report

Eastwood, Edmonton: Your Neighbour Just Got a Better Price Than You Think

If you own a home in Eastwood and you're still going off your city assessment, you're leaving money on the table. The real numbers tell a more interesting story - and right now, that story is worth reading carefully before summer hits.

The Vibe: What's Actually Happening on Our Streets

Houses - Fast, Affordable, and Moving

Houses in Eastwood are selling fast. We're talking an average of 2 days on market - that's not a typo. That speed puts us at rank 2 out of 112 Edmonton neighbourhoods for days on market. Basically, if a house goes up for sale here, it's gone before most people finish their morning coffee.

• Average sale price: $330,100 - up 6.8% from last month
• Price per square foot: $334
• Properties sold at 100% of list price - no haggling, no discounts
• 5 sales this month (down 28.6% from last month, so inventory is tight)
• Predicted market value: $350,789
• Estimated rent: $1,809 per month
• Rental yield: 5.90% - that's a strong return
• Growth rank: 115 out of 291 Edmonton neighbourhoods - solidly above average
• Price rank: 265 out of 285 - one of the most affordable entry points in the city

The combination of low price rank and strong speed rank is the real story here. Eastwood houses are affordable AND in demand. That's not a common pairing in Edmonton right now. Fewer sales this month just means there's less to choose from - not that buyers have gone cold.

Condos - A Different Game Entirely

We'll be straight with you: the condo side of Eastwood is a different market. One sale this month, sitting on the market for an average of 322 days, and that one sale closed at 90.52% of list price. Buyers are negotiating, and they have the time to do it.

• Average sale price: $60,000
• Price per square foot: $69
• Properties sold at 90.52% of list price - buyers are getting discounts
• Predicted market value: $146,726
• Estimated rent: $793 per month
• Rental yield: 4.31% - moderate, but workable for investors
• Days-on-market rank: 112 out of 112 - the slowest-moving condos in Edmonton
• Price rank: 209 out of 216 - among the most affordable condos in the city

If you own a condo here and are thinking about selling, patience and pricing strategy matter more than timing. The HonestDoor Price for condos sits at $145,800 - well above what the one recent sale suggests. That gap is worth understanding before you list.

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

Here's the thing about your city assessment: it's a snapshot from the past. It doesn't know what happened on your street last month. The HonestDoor Price is updated in real time, pulling in actual transaction data to give you a current number - not a number that was calculated months ago and mailed to you in an envelope.

For Eastwood houses, the average HonestDoor Price is $345,631. The average city assessment is $334,602. That's a $11,029 gap - and that gap represents real equity that a static assessment simply misses. Yes, the HonestDoor Price has dipped 1.47% from the previous period, but it still sits 3.30% above the average assessed value in Edmonton. That's your real-world check.

For condos, the HonestDoor Price of $145,800 is 5.14% above the average Edmonton assessed value - a $7,134 difference from the $138,666 assessment. If you're using your assessment to decide whether to sell, refinance, or even just understand your net worth, you're working with an outdated number.

The 'So What?': Thinking About Selling This Summer?

If you own a house in Eastwood, the conditions are about as good as they get for a seller. Prices are up, buyers are moving fast, and you're sitting in one of Edmonton's most affordable-yet-in-demand pockets. The neighbourhood leaderboard has us at rank 115 out of 291 for growth - above average, with room to climb. Tight inventory this month actually works in your favour. Fewer competing listings means your home gets more attention.

If you own a condo, summer selling is possible but you need to go in clear-eyed. Price it right from day one. The data shows buyers here are willing to wait and willing to negotiate. A condo priced at the HonestDoor estimate of $145,800 will face a reality check when recent sales are closer to $60,000. Talk to someone who knows the local condo data before you set that number.

Either way, the first step is the same: check your HonestDoor Price today. It takes 30 seconds and it's a much better starting point than whatever number showed up in your tax notice. Eastwood is a neighbourhood worth knowing - and right now, the numbers back that up.

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.