Ellerslie Industrial, Edmonton - July 2026 Real Estate Report

Ellerslie Industrial, Edmonton: Here's What Your Home Is Actually Worth Right Now

The Vibe in Ellerslie Industrial

If you own property in Ellerslie Industrial and you're still going off your last city assessment, you're probably working with a number that doesn't reflect what's actually happening on the ground. The HonestDoor Price is the real-world check - updated in real time, not once a year by a government office that's never walked your street.

Here's the straight story on what houses and condos are doing in the neighbourhood right now.

Houses: Solid Value, But Watch the Trend

The average HonestDoor Price for a house in Ellerslie Industrial sits at $712,339 - up 1.19% from the previous period. That's a positive sign. But the predicted market value is currently tracking at $706,412, which is sliding below the 3-month moving average of $714,778. In plain terms, the short-term momentum has dipped -2.13% recently.

On the neighbourhood leaderboard, houses here rank 263 out of 302 for growth in Edmonton. That puts us in the bottom tier right now. It doesn't mean the sky is falling - it means we're taking a breather while other parts of the city are running hotter.

The rental picture is genuinely strong though. If you're thinking about holding and renting, here's what the numbers say:

• Average rental estimate: $3,123 per month
• Rental yield: 5.31% - that's a strong return by Edmonton standards
• Airbnb potential: roughly $155 per night
• Airbnb rank in Edmonton: 96th - solidly mid-pack for short-term rental demand

Compare that to neighbours like Cashman ($510,572 average HD Price) and Blackmud Creek ($632,002). We're priced higher than both. Summerside comes in at $620,663. If someone is shopping this pocket of south Edmonton, Ellerslie Industrial is the premium option on the block.

Condos: A Bigger Price Jump, But a Different Story

Condo owners have something interesting to look at. The average HonestDoor Price for condos in Ellerslie Industrial is $517,726 - up a notable 5.96% from the previous period. That's a real move.

The predicted market value sits at $488,612, which is below the 3-month moving average of $498,627, and values have dipped -1.74% recently. So the longer-term trend is positive, but the very short-term has softened a touch.

On the leaderboard, condos rank 194 out of 296 neighbourhoods in Edmonton for growth - below average, but not at the bottom. There's room to move up.

• Average rental estimate: $2,592 per month
• Rental yield: 3.85% - moderate, but still a reasonable return
• Airbnb potential: roughly $129 per night
• Airbnb rank in Edmonton: 44th - that's actually a strong short-term rental position

Nearby condos in Blackmud Creek average $244,127 and Summerside sits at $314,630. Our condos are priced significantly higher than both. That gap matters when buyers are comparing options.

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

Your city assessment is a snapshot from months ago - sometimes longer. It doesn't know that the 3-month moving average on your street just shifted. It doesn't factor in what similar homes sold for last week. The HonestDoor Price does.

For houses, the gap between the city's static number and the real-time HonestDoor Price of $712,339 could mean you're either over-paying on your tax base or under-pricing if you list. For condo owners sitting on a 5.96% price increase, that's equity you've built that an old assessment simply won't show.

Checking your HonestDoor Price right now isn't just a curiosity - it's the difference between knowing what you actually have and guessing.

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

Here's the honest take. If you own a house in Ellerslie Industrial, you're holding a premium asset in this corner of Edmonton. But the short-term growth rank of 263 out of 302 tells us the market isn't in a frenzy right now. Buyers have options. That means pricing it right from day one matters more than ever - overpricing and chasing the market down is a painful way to spend your summer.

If you own a condo, that 5.96% price increase is a real tailwind. Listing while that momentum is still in the numbers makes sense. Waiting to see if the dip in the 3-month average reverses is a gamble.

Either way, the move is the same - pull your HonestDoor Price today, compare it to what your neighbours are listed at, and have a real conversation about timing. The data is there. Use it.

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.