Edgemont, Edmonton - September 2026 Real Estate Report

Edgemont, Edmonton: Your Neighbour Just Got a Better Price Than the City Thinks

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 a completely different story. We're not in a crash - we're in a split market, and knowing which side you're on matters a lot right now.

Houses - Taking a Breather

The average house sale price in Edgemont sits at $495,836, down 1.4% from last month. Listings are averaging $537,340, and homes are selling at about 98.87% of list price - meaning buyers are getting a small discount at the door. That's not a disaster, but it's a signal that sellers need to price sharp.

• Average sale price: $495,836 (down 1.4% from last month)
• Average list price: $537,340
• Price per square foot: $234
• Sale-to-list ratio: 98.87% - buyers are paying below ask
• Average days on market: 69 days
• Predicted market value: $602,489
• Estimated monthly rent: $2,854 with a rental yield of 5.48%
• Recent value change: -1.19%
• Growth rank: 236 out of 291 neighbourhoods in Edmonton

Sixty-nine days on market is the number to watch. That's slower than nearby The Hamptons at 46 days, which tells us buyers have more options and less urgency here. Eighteen houses sold this month, and the predicted value of $602,489 is actually sitting just above the 3-month moving average of $603,824 - so we're not in freefall, but the direction is slightly downward. For context, Edgemont houses are still outpacing The Uplands, where the average sold price is $442,000 and homes sit for 97 days. So we're not the slowest house on the block.

The growth rank of 236 out of 291 puts Edgemont houses in the bottom tier of Edmonton's neighbourhood leaderboard right now. That's honest. It doesn't mean the neighbourhood is struggling - it means the short-term price momentum has cooled. Price rank of 141 out of 285 still puts us above average in terms of what homes are actually worth here.

Condos - A Sellers' Market in Disguise

Here's the twist. While houses are cooling, Edgemont condos are quietly on fire. One condo sold this month at $401,000 - and it sold for 102.85% of list price. That means the buyer paid above asking. Average days on market? Twenty-two days. That is fast. Edmonton-wide, Edgemont condos rank 17th out of 112 neighbourhoods for speed of sale. That's a top-tier number.

• Average sale price: $401,000
• Average list price: $389,900
• Price per square foot: $361
• Sale-to-list ratio: 102.85% - buyers are paying above ask
• Average days on market: 22 days
• Predicted market value: $319,267
• Estimated monthly rent: $1,704 with a rental yield of 4.17%
• Recent value change: -0.22%
• Growth rank: 126 out of 302 neighbourhoods in Edmonton
• Price rank: 38 out of 216 - among the most expensive condos in Edmonton

The predicted value of $319,267 is ticking upward from the 3-month moving average of $317,147. Small move, but it's moving in the right direction. Condo growth ranks 126 out of 302 - that's above average on Edmonton's neighbourhood leaderboard. And at a price rank of 38 out of 216, Edgemont condos are sitting near the top of the city for value. Compare that to The Hamptons condos at a HonestDoor Price of $295,321 - we're priced higher and selling faster. That's a strong position.

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

Here's the thing about your city assessment. It's a snapshot from the past. The City of Edmonton assessed the average Edgemont house at $570,161. The average HonestDoor Price is $591,796. That's a $21,635 gap - and it's the difference between what the government thinks your home is worth and what the real world is actually pricing it at today.

For condos, the gap runs the other way. The city assessed the average Edgemont condo at $365,514. The HonestDoor Price is $321,886 - about 11.94% lower. If you're a condo owner using your assessment to set expectations, you could be walking into a conversation with buyers carrying the wrong number in your head.

The HonestDoor Price updates in real time. Your assessment does not. That's the whole point. Before you price anything, list anything, or make any decision about your property, check your HonestDoor Price first. It's the real-world check that the tax notice simply cannot give you.

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

If you own a house in Edgemont and you're thinking about listing this summer, here's the straight talk. The market is not your enemy, but it's not doing you any favours either. Sixty-nine days on market and a sale-to-list ratio under 99% means buyers have leverage. Price it right from day one - homes that sit get stigmatized fast. Your HonestDoor Price of $591,796 is a better starting point for that conversation than a 2024 tax assessment.

Nearby Wedgewood Heights is priced significantly higher at an average HonestDoor Price of $829,591, which tells us there's a ceiling above Edgemont that buyers are aware of. We're not competing with Wedgewood - we're competing with The Uplands and The Hamptons, both of which are cheaper. That means your presentation, condition, and pricing precision matter more than ever.

If you own a condo, the picture is genuinely good. Twenty-two days on market and buyers paying over list price - that's a seller's window. If you've been sitting on the fence, this summer looks like the right time to move. The predicted value is trending up, the rental yield is solid at 4.17%, and you're ranked among the most expensive condos in Edmonton. That's a story worth telling to a buyer.

• Houses: Price sharp, lean on your HonestDoor Price, and expect 60-plus days on market
• Condos: Strong seller position - fast sales, above-ask offers, and rising predicted values
• Neighbourhood growth is modest at 0.05% year over year for houses - this is a stable, established area, not a speculative play
• 95 house transactions in 2026 so far - Edgemont ranks 19th in Edmonton for total transactions, meaning there is real buyer activity here
• Rental income potential is strong for houses at $2,854 per month and a 5.48% yield - worth knowing if a sale falls through

Bottom line - Edgemont is a solid, mid-to-upper tier Edmonton neighbourhood that's catching its breath on the house side and quietly outperforming on condos. Know your numbers before you make a move. Start with your HonestDoor Price.

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.