Ellerslie Industrial, Edmonton - September 2026 Real Estate Report

Ellerslie Industrial, Edmonton: Real Talk for Homeowners Right Now

The Vibe on the Street

If you own in Ellerslie Industrial and you haven't checked your HonestDoor Price lately, now is the time to look. Values are sliding in both houses and condos, and the city's tax assessment is not going to tell you that. Here is what is actually happening in our corner of Edmonton.

Houses: Still the Stronger Bet, But Taking a Breather

The average HonestDoor Price for a house in Ellerslie Industrial sits at $688,002, down 2.24% from the previous period. The predicted market value is $706,221, and that number is drifting downward - it is sitting below the 3-month moving average of $709,150. So the trend line is pointing the wrong direction, at least for now.

The silver lining? If you are a landlord or thinking about becoming one, houses here are pulling real weight on the rental side.

• Average rental estimate: $3,044 per month
• Rental yield: 5.30% - that is a strong return by Edmonton standards
• Airbnb potential: roughly $151 per night
• Growth rank: 237 out of 291 comparable Edmonton neighbourhoods

That growth rank puts us in the bottom third of the city leaderboard. We are not last, but we are not climbing fast either. Compare that to neighbours like Blackmud Creek and Summerside, both cheaper to buy into and both showing positive growth - even if it is small. Something worth knowing if you are weighing your options.

Condos: The Numbers Need Attention

Condo owners, this section is for us. The average HonestDoor Price for a condo here is $453,332, down 4.56% from the previous period. The predicted market value is $474,999, and it is falling faster - down 8.25% recently and well below the 3-month moving average of $493,779. That is a meaningful gap in a short time.

• Average rental estimate: $2,322 per month
• Rental yield: 3.88% - moderate, not spectacular
• Airbnb potential: roughly $115 per night
• Growth rank: 286 out of 302 comparable Edmonton neighbourhoods

A rank of 286 out of 302 is a bottom-performer position on the city leaderboard. That does not mean panic - it means awareness. If you own a condo here, you want to know your real number today, not six months from now.

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

Here is the thing about your city assessment - it is a snapshot from months ago, built on broad formulas. It does not know that condo values in Ellerslie Industrial dropped over 8% recently. It does not update when the market moves. Your HonestDoor Price does.

Think of the HonestDoor Price as the real-world check against that static government number. It pulls current market signals to give you a live estimate of what your property is actually worth today - not what it was worth when the city last looked. In a market that is shifting, that difference can be thousands of dollars in your pocket or out of it, depending on when you act.

So What? What This Means If You Are Thinking About Selling This Summer

Straight talk: this is not the hottest seller's market we have seen. Both houses and condos are trending down, and our neighbourhood growth rank is not doing us any favours compared to the rest of Edmonton. If you are a house owner sitting on a $688,002 average value with a 5.30% rental yield, you have options - hold and rent, or list now before values soften further.

If you own a condo, the urgency is higher. An 8.25% recent drop and a rank near the bottom of 302 neighbourhoods means waiting for the market to bounce back is a gamble. Pricing it right - using your HonestDoor Price, not last year's assessment - is the move that gets it sold.

Bottom line: check your HonestDoor Price today. Know your real number. Then decide. Do not let an outdated assessment make that decision for you.

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.