Edgewater, Airdrie - June 2026 Real Estate Report

Edgewater, Airdrie: What Your Neighbour Hasn't Told You Yet

If you own a home in Edgewater and you haven't checked your HonestDoor Price lately, now is the time. The market here is sending mixed signals depending on whether you own a house or a condo - and the gap between what the city thinks your place is worth and what buyers are actually doing tells a pretty interesting story.

The Vibe: Houses vs. Condos

Houses - Taking a Breather

Let's be straight with each other. The house market in Edgewater is cooling off. The average sale price this month came in at $432,000, which is down 18.3% from last month. That's a big swing. Listings are sitting at an average of $494,950, and homes are selling for about 95.73% of asking - meaning buyers are negotiating, and they're winning. At 26 days on market, our houses are also sitting longer than in nearby Ridgegate, where homes are moving in 14 days.

• Average HonestDoor Price: $483,076 (down 0.21%)
• Average sale price this month: $432,000
• Average list price: $494,950
• Price per square foot: $441
• Sale-to-list ratio: 95.73%
• Average days on market: 26
• Predicted market value: $484,112
• Rental yield: 5.67%
• Estimated monthly rent: $2,461
• Neighbourhood growth rank: 36 out of 49 in Airdrie
• Price rank: 38 out of 41 - one of the most affordable options in Airdrie

The silver lining? The predicted market value of $484,112 is actually creeping up past the 3-month moving average of $483,818. So while the sales data looks soft right now, the underlying value trend is still pointing upward. And that 5.67% rental yield is genuinely strong - if selling isn't the move, renting is a real option worth running the numbers on.

Condos - A Different Story Altogether

We are seeing something completely different on the condo side. The HonestDoor Price for condos in Edgewater jumped 3.72% to $357,744. The one condo that sold this month went for $380,000 - and it sold for 98.73% of asking, which is about as close to full price as you get. Compared to nearby Airdrie Meadows where condos are selling around $308,000, Edgewater condos are holding a clear price premium.

• Average HonestDoor Price: $357,744 (up 3.72%)
• Average sale price this month: $380,000
• Average list price: $384,900
• Price per square foot: $299
• Sale-to-list ratio: 98.73%
• Average days on market: 42
• Predicted market value: $344,911
• Rental yield: 4.12%
• Estimated monthly rent: $1,830
• Neighbourhood growth rank: 16 out of 39 in Airdrie - above average
• Price rank: 11 out of 25 - above average in Airdrie

The condo growth rank of 16 out of 39 puts us in above-average territory on the Airdrie neighbourhood leaderboard. Values have shifted 7.47% recently, and the predicted value is climbing past the 3-month moving average. The 42-day average on market is slower than nearby Airdrie Meadows at 29 days, so patience is part of the condo game here right now - but the price story is solid.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

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 new park down the street. The HonestDoor Price is updated in real time using actual transaction data. Right now, the predicted market value for houses in Edgewater sits at $484,112, while the 3-month moving average is $483,818. That difference is small, but the direction matters - it's moving up, not down.

If your tax assessment was done when the market looked different, you could be sitting on a number that doesn't reflect what a buyer would actually pay today. That gap is money - either left on the table when you sell, or overpaid in property tax if your assessment is running too high. Checking your HonestDoor Price right now is the real-world check your assessment can't give you.

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

If you own a house in Edgewater and you're thinking about listing this summer, the data says move with intention. Buyers are negotiating - that 95.73% sale-to-list ratio means the days of getting full ask without a fight are on pause. Pricing sharp from day one matters more than ever. Sitting at $494,950 on the listing side while sales are coming in at $432,000 is a gap that will cost you time and leverage.

If you own a condo, the picture is more encouraging. Values are up, the growth rank puts Edgewater condos above average in Airdrie, and buyers are paying close to asking. The market is slower to move - 42 days is not a quick flip - but you're not giving away value the way house sellers are right now.

Either way, the first step is knowing your real number. Pull your HonestDoor Price before you call an agent, before you set a list price, and before you make any decisions based on what the city told you last year. The market has moved. Your strategy should too.

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.