Eaux Claires, Edmonton - September 2026 Real Estate Report

Eaux Claires Real Estate Update: Solid Ground, But Watch the Numbers Closely

The Vibe Right Now

If you live in Eaux Claires and you've been half-watching the market, here's the honest version of what's going on. We're in a neighbourhood that's holding its value pretty well, but the data is sending a few signals worth paying attention to - especially if you're thinking about making a move this summer.

Houses: Fast Sales, But Prices Are Easing

The house market in Eaux Claires is a bit of a mixed bag right now, and that's okay. The average sale price sits at $425,000, down 1.2% from last month. Listings are averaging $428,000, and homes are selling at about 98.13% of list price - meaning buyers are getting a small discount at the table. That's not a crash, it's just the market taking a breather.

Here's the good news for sellers though: houses are moving fast. The average days on market is just 4 days, which ranks 3rd out of 112 comparable neighbourhoods in Edmonton. That's elite territory. When a house is priced right here, it does not sit.

• Average sale price: $425,000 (down 1.2% from last month)
• Average list price: $428,000
• Price per square foot: $330
• Sale-to-list ratio: 98.13%
• Average days on market: 4 days
• Properties sold this period: 3 (up 50% from last month)
• Predicted market value: $496,117
• Estimated monthly rent: $2,485
• Rental yield: 5.64%

That 5.64% rental yield is genuinely strong. If you own a house here and you're not living in it, the numbers on renting it out make a real case for holding.

Condos: A Different Story

We need to be straight with you on condos - the picture is softer. The average sale price is $162,333, and while that's up a slight 0.2% from last month, condos are sitting on the market for an average of 102 days. Compare that to nearby Belle Rive at 89 days and Evansdale at 86 days, and it's clear our condo market is the slower one in the group right now.

Buyers are also paying about 96.67% of list price, which means there's negotiating room. The predicted market value of $205,508 is actually sliding compared to the 3-month moving average of $208,089 - a trend worth watching if you own a condo here.

• Average sale price: $162,333 (up 0.2% from last month)
• Average list price: $180,000
• Price per square foot: $189
• Sale-to-list ratio: 96.67%
• Average days on market: 102 days
• Properties sold this period: 3
• Predicted market value: $205,508
• Estimated monthly rent: $1,119
• Rental yield: 4.31%

The rental yield on condos at 4.31% is moderate - not bad, but not the slam dunk you get on the house side. If you're a condo owner thinking about selling, timing and pricing are going to matter a lot more than they did a year ago.

The Secret Sauce: Your HonestDoor Price vs. Your Assessment

Here's why you should pull up your HonestDoor Price today instead of waiting for your next city assessment to land in the mail.

The city's assessed values are a snapshot from the past. They don't move with the market in real time. Your HonestDoor Price does. For houses in Eaux Claires, the average HonestDoor Price is $486,260 - that's 0.16% higher than the average assessed value of $485,490. Close, sure, but the HonestDoor number is current. It reflects what's actually happening on the street right now.

For condos, the gap is even more telling. The average assessed value is $190,811, but the average HonestDoor Price is $203,417 - that's 6.61% higher. If you're a condo owner making any kind of financial decision based on your tax assessment alone, you're working with a number that's underselling your asset by thousands of dollars.

Think of the HonestDoor Price as the real-world check on a government number that gets updated once a year whether the market moves or not.

The Neighbourhood Leaderboard

Where does Eaux Claires actually rank in Edmonton? Here's the honest scorecard.

• House days-on-market rank: 3 out of 112 - top tier, homes sell extremely fast
• House growth rank: 228 out of 291 - below average, the neighbourhood is not leading on appreciation right now
• House price rank: 192 out of 285 - below average price point compared to Edmonton overall
• Condo days-on-market rank: 81 out of 112 - slower than most, condos are taking time to move
• Condo growth rank: 183 out of 302 - below average
• Condo price rank: 166 out of 216 - below average price point

The speed at which houses sell here is a genuine strength. The growth rankings are a reminder that Eaux Claires is a stable, affordable neighbourhood - not a speculation play. Nearby Evansdale (HonestDoor Price $523,487) and Belle Rive ($517,438) are priced higher but growing slower, so we're not falling behind our neighbours in any dramatic way.

So What Does This Mean If You're Thinking About Selling This Summer?

For house owners - the window is actually decent right now. Homes are selling in 4 days when priced right, and there are only 3 sales on the board this period, which means competition among sellers is low. Get your pricing sharp, and you could be done before the summer is over. The key word is "sharp" - buyers are paying 98% of list, not 100%, so don't overprice and expect a bidding war.

For condo owners - be realistic. A 102-day average on market means you need to plan ahead. If you want to sell this summer, you should be listing now, not in July. Price it to move, because buyers in the condo segment here have options and they know it.

Either way, check your HonestDoor Price before you set a number. With 787 assessed properties on the house side and 618 on the condo side, there's enough data to give you a real-time read on where your specific property sits - not where it sat last January when the city ran its numbers.

Eaux Claires is a solid, grounded neighbourhood. It's not flashy on the growth charts, but houses move fast and the rental yields on the house side are strong. Know your numbers, price with purpose, and you'll be in good shape.

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.