Edgemont, Edmonton - October 2026 Real Estate Report
Edgemont, Edmonton: Your Neighbour Just Got a Better Number Than the City Gave Them
The Vibe Right Now
If you've been watching the "For Sale" signs in Edgemont, here's what's actually happening. The market is taking a breather on the house side, but condos are quietly doing their own thing - and the two stories are worth keeping separate.
Houses: A Cooling Market, But Not a Panic
Let's be straight. House prices in Edgemont are sliding. The average sale price sits at $467,445, down 5.7% from last month. Listings are averaging $424,950, and buyers are paying 99.47% of list price - meaning they're getting just under asking. That's a shift. Sellers who priced aggressively six months ago are feeling it now.
- Average sale price: $467,445 (down 5.7% month over month)
- Average list price: $424,950
- Price per square foot: $320
- Sale-to-list ratio: 99.47% - buyers are paying below list
- Properties sold this period: 15 (down 16.7%)
- Average days on market: 57
57 days on market is not fast. For context, Edgemont houses rank 53rd out of 116 Edmonton neighbourhoods for speed of sale - solidly middle of the pack. The predicted market value for houses is $592,073, but that number is drifting down from a 3-month moving average of $601,442. The direction matters as much as the number.
The one bright spot for house owners thinking about holding? Rental yield sits at 5.50%, with an estimated rent of $2,814 per month. If selling feels rushed right now, the numbers say renting is a real option worth running.
Condos: A Different Story Entirely
We don't see this split often, but Edgemont condos are genuinely outperforming. One condo sold at $401,000 - and it sold at 102.85% of list price. Buyers paid over asking. Days on market? Just 22. That puts Edgemont condos at rank 15 out of 113 Edmonton neighbourhoods for speed of sale. That's fast.
- Average sale price: $401,000 (essentially unchanged)
- Average list price: $389,900
- Price per square foot: $361
- Sale-to-list ratio: 102.85% - buyers are paying above list
- Properties sold: 1
- Average days on market: 22
The predicted condo value is $321,886, ticking up from a 3-month moving average of $320,377. Small move, but it's moving in the right direction. On the neighbourhood leaderboard, Edgemont condos rank 23rd out of 218 Edmonton neighbourhoods for price - that puts us in the top 11% for condo values across the city. That's a real position of strength.
Rental yield on condos comes in at 4.17% with estimated rent of $1,718 per month. Moderate, but steady. For an investor watching the condo segment, Edgemont is not a neighbourhood to ignore.
The Secret Sauce: Your HonestDoor Price vs. What the City Thinks
Here's the thing about your city assessment. It's a snapshot from months ago, built on formulas that don't know your renovated kitchen or the fact that your street sold three homes last spring. It's a tax tool, not a market tool.
The HonestDoor Price is updated in real time using actual transaction data. For Edgemont houses, the average assessed value is $570,161. The HonestDoor Price is $586,144 - that's $15,983 higher than what the city has on file. If you're a house owner using your assessment to decide whether to sell, refinance, or even just feel good about your equity, you're working with a number that's already behind.
For condos, the gap runs the other way and it's significant. The average assessed value is $365,514. The HonestDoor Price is $312,404 - that's 14.53% lower than the city's figure. If you're a condo owner who assumed your assessment reflected market reality, that's a number worth sitting with before you make any big moves.
Both the house HonestDoor Price (down 0.96%) and the condo HonestDoor Price (down 2.95%) have dipped from the previous period. The market is telling us something. The city assessment won't catch up for months. Your HonestDoor Price already has.
The "So What?" - Thinking About Selling This Summer?
For house sellers, timing matters more than it did a year ago. With 15 sales last period, 57 days on market, and prices trending down, the window for a quick, top-dollar sale is narrower. That doesn't mean don't sell - it means price it right from day one. Overpricing in this market costs you weeks and negotiating power.
On the neighbourhood leaderboard, Edgemont houses rank 125th out of 285 Edmonton neighbourhoods for growth. Above average, but not leading the pack. Nearby Wedgewood Heights carries much higher prices, but it's growing slower. The Uplands and The Hamptons are both cheaper and growing slightly faster. Edgemont sits in a solid middle ground - established, not explosive.
For condo sellers, the story is genuinely better. Buyers are paying over asking, properties are moving in under a month, and you're sitting in the top tier for condo prices across Edmonton. If you've been waiting for a good moment, this is a reasonable one to act on.
Bottom line - check your HonestDoor Price before you do anything else. It's the real-world number, not the government's best guess from last year. With 1,959 houses and 185 condos assessed in Edgemont this year, and 100 house transactions already recorded in 2026, there's enough real data to give you a clear picture. Use it.
edgemont | edmonton | october 2026This 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.