Eaux Claires, Edmonton - August 2026 Real Estate Report

Eaux Claires Real Estate: Your House Is Worth More Than the City Thinks

If you own a home in Eaux Claires and you're still going off your city assessment, you're leaving money on the table. Here's what's actually happening on the ground right now.

The Vibe: Houses vs. Condos - Two Very Different Stories

We've got a split market in Eaux Claires right now, and it matters which side of that line your property sits on.

Houses are the clear winner this season. The average sale price hit $455,000 last month, up 3.9% from the month before. Homes are sitting on the market for an average of just 6 days - that is not a typo. Six days. That puts us at rank 5 out of 108 Edmonton neighbourhoods for speed of sale. When a house goes up in Eaux Claires, it goes fast. The predicted market value for houses is sitting at $501,352, which is climbing above the 3-month average of $495,258. Our growth rate ranks 37 out of 292 comparable Edmonton neighbourhoods - that puts us firmly in the top tier of the city.

• Average house sale price: $455,000 (up 3.9% from last month)
• Current listings averaging: $460,000
• Price per square foot: $416
• Average days on market: 6
• Predicted market value: $501,352
• Rental yield: 5.63%
• Estimated monthly rent: $2,506

Condos are taking a breather. Sales dipped 33.3% from last month, and the average sale price came in at $158,000 - down 10% month over month. Properties are sitting for about 30 days on average, and the predicted value of $209,110 is actually slipping below the 3-month moving average of $210,221. This is a cooling pocket of the market. Not a crash, but definitely not the same energy as the house side of things.

• Average condo sale price: $158,000 (down 10% from last month)
• Current listings averaging: $164,900
• Price per square foot: $172
• Average days on market: 30
• Predicted market value: $209,110
• Rental yield: 4.30%
• Estimated monthly rent: $1,136

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

Here is the thing about your city assessment - it is a snapshot from months ago, built on a formula that does not know your renovated kitchen or the fact that houses on your street are selling in less than a week.

For houses in Eaux Claires, the average city assessment sits at $485,490. The average HonestDoor Price is $495,568. That is a $10,078 gap - and the HonestDoor Price is updated in real time. For condos, the gap is even wider. The average assessed value is $190,811, while the HonestDoor Price comes in at $205,508 - that is 7.70% higher than what the city has on file.

The HonestDoor Price is not a guess. It pulls in actual transaction data, current listing activity, and neighbourhood trends to give you a real-world number today - not what your home was worth last January. If you are making any decision about selling, refinancing, or even just understanding your net worth, the HonestDoor Price is the number to look at first.

• House assessed value: $485,490 - HonestDoor Price: $495,568 (2.08% higher)
• Condo assessed value: $190,811 - HonestDoor Price: $205,508 (7.70% higher)

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

If you own a house in Eaux Claires and you have been sitting on the fence, the data is nudging you off it. Prices are up, buyers are moving fast, and we are outpacing most of Edmonton on growth. Compared to neighbours like Belle Rive and Evansdale - both slightly pricier but growing slower - Eaux Claires is punching well right now.

For condo owners, the honest answer is this: it is not the worst time to sell, but it is not the hottest either. Buyers are negotiating harder - properties are selling at about 95.87% of list price on average. If you need to move, price it sharp from day one. If you can wait, watching the next few months of data makes sense.

One more number worth knowing: the rental yield on houses here is 5.63%. If selling is not the plan, holding and renting is a genuinely solid option in this neighbourhood. An estimated $2,506 per month in rent on a house is not a bad fallback position.

Bottom line - Eaux Claires is a neighbourhood where the numbers are working in homeowners' favour right now, especially if you own a house. Check your HonestDoor Price before you do anything else. It takes 30 seconds and it will tell you more than your last assessment ever did.

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.