Falconer Heights, Edmonton - July 2026 Real Estate Report

Falconer Heights Real Estate Update: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a home in Falconer Heights, here is the honest picture. The city has your house assessed at an average of $632,023. But the HonestDoor Price - which pulls from real, current market activity - puts the average closer to $675,681. That is a gap of nearly $44,000. For condos, the story is even more dramatic. The city assessment averages $357,519, while the HonestDoor Price tells a very different story. Bottom line: the city's number is a snapshot from the past. The HonestDoor Price is what is actually happening right now.

Houses - Taking a Breather

Let's be straight with each other. The house market in Falconer Heights is cooling off a bit. The average sale price sits at $639,000, which is down 11.7% from last month. Only 2 houses sold, and they sat on the market for an average of 46 days before finding a buyer. Sellers are getting about 97.72% of their asking price, meaning buyers have a little room to negotiate right now.

That said, the forward-looking number is encouraging. The predicted market value for houses is $661,647, which is trending up from the 3-month moving average of $654,557. So while this month was quiet, the direction of travel is still positive.

• Average Sale Price: $639,000
• Average List Price: $654,350
• Price Per Square Foot: $340
• Days on Market: 46
• Sale-to-List Ratio: 97.72%
• Predicted Market Value: $661,647
• Estimated Monthly Rent: $3,156
• Rental Yield: 5.32%
• HonestDoor Price: $675,681 (up 2.12%)
• Neighbourhood Growth Rank: 105 out of 302 in Edmonton - above average

Condos - A Different Animal Entirely

The condo side of Falconer Heights is one of the more interesting stories in Edmonton right now. We are ranked 9th out of 220 neighbourhoods for condo price - that puts us in rare company. The average condo sale price is $508,000, and the market is holding steady. One condo sold this period, spending 35 days on the market before closing at 97.69% of list price.

The growth rank here is what really stands out. Falconer Heights condos rank 27th out of 296 neighbourhoods in Edmonton for growth. That is top-tier performance. If you own a condo here, you are sitting in one of the faster-moving segments in the city.

• Average Sale Price: $508,000
• Average List Price: $520,000
• Price Per Square Foot: $345
• Days on Market: 35
• Sale-to-List Ratio: 97.69%
• Predicted Market Value: $3,287,062
• Estimated Monthly Rent: $6,901
• Rental Yield: 2.81%
• HonestDoor Price: $3,324,743 (up 1.15%)
• Growth Rank: 27 out of 296 in Edmonton - top performers
• Airbnb Rank in Edmonton: 10th

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

Here is something worth knowing. Your city assessment is set once a year, based on data that is already months old by the time it lands in your mailbox. It does not know what sold on your street last week. It does not factor in current buyer demand or what listings are actually closing for right now.

The HonestDoor Price is a real-world check against that static number. For houses in Falconer Heights, the HonestDoor Price is running 6.91% higher than the average city assessment across Edmonton. That gap is real money. If you are making any financial decision - refinancing, selling, or just figuring out where you stand - the HonestDoor Price gives you a current, honest starting point instead of a number the city calculated from last year's market.

How Does Falconer Heights Stack Up Against the Neighbours?

We are not the priciest block on the street, but we hold our own. For houses, Henderson Estates averages $881,945 on the HonestDoor Price, and Rhatigan Ridge sits at $781,803. Falconer Heights houses come in at $675,681 - more accessible, and still growing. Carter Crest at $729,445 is the closest comparison, and it is only slightly ahead of us in price.

For condos, the script flips. Falconer Heights condos are priced well above the neighbours. Henderson Estates condos average $398,936, Carter Crest comes in at $411,186, and Rhatigan Ridge sits at $393,328. We are in a different tier here, and the growth rank of 27th in the city backs that up.

So What - Should You Sell This Summer?

If you own a house in Falconer Heights and you have been thinking about listing, here is the honest take. The market is softer right now than it was a month ago. Fewer sales, more days on market, and buyers paying slightly under asking. That does not mean it is a bad time - it means you need to price it right from day one. Overpricing in a cooling market is the fastest way to sit on a listing for two months and end up taking less than you would have if you had priced it sharp to start.

The predicted value of $661,647 and a HonestDoor Price of $675,681 give you a solid anchor for that conversation with your agent. Use those numbers, not the city assessment.

If you own a condo here, the picture is more encouraging. A top-10 Airbnb rank in Edmonton, a top-30 growth rank, and strong pricing relative to nearby neighbourhoods all point to real demand. The stable sale price and fast-ish days on market suggest condos are not sitting around collecting dust.

Either way, the smartest first move is checking your HonestDoor Price today. It takes about 30 seconds and it will tell you more about what your home is actually worth right now than any assessment notice ever will.

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.