Fraser, Edmonton - August 2026 Real Estate Report

Fraser, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Fraser and you have not checked your HonestDoor Price lately, you are probably sitting on more equity than you realize. The city's assessment says one thing. The real world says something very different.

The Vibe: What Is Actually Happening in Fraser Right Now

Fraser is a neighbourhood where houses and condos are telling two very different stories. Here is the honest breakdown for both.

Houses: Steady, With Real Upside

If you have been watching the "For Sale" signs on our streets, here is what is actually happening. Houses in Fraser are selling at an average of $564,500, with listings sitting at $581,225 right now. Buyers are paying about 97 cents on the dollar - close to list, but still a buyers' market. That means sellers need to price smart, not just high.

• Average sale price: $564,500
• Average list price this month: $581,225
• Price per square foot: $241
• Average days on market: 32
• Properties sold at 96.95% of list price
• 4 properties sold recently

The predicted market value for a Fraser house sits at $632,400 - and that number is climbing. It is up from the 3-month moving average of $621,484. Property values have moved 1.86% recently, which puts us at rank 72 out of 292 Edmonton neighbourhoods for growth. That is above average. We are not leading the pack, but we are ahead of most of the city.

For anyone thinking about renting instead of selling, the numbers work. Estimated rent is $2,752 per month with a rental yield of 5.56%. That is a strong return by Edmonton standards.

Days on market ranks 30 out of 108 comparable Edmonton neighbourhoods. That means Fraser houses move moderately fast. You are not waiting forever for a buyer.

Condos: Affordable, Fast-Moving, But Watch the Trend

We will be straight with you on condos. The short-term picture has softened. Condo values have dipped 4.10% recently, and the predicted value of $146,785 is sitting below the 3-month moving average of $152,606. That is a cooling trend worth watching.

• Average sale price: $120,667
• Average list price this month: $149,000
• Price per square foot: $125
• Average days on market: 24
• Properties sold at 93.88% of list price
• 3 properties sold recently

The one bright spot? Fraser condos sell fast. Days on market ranks 18 out of 111 Edmonton neighbourhoods. That is very fast. If you price it right, buyers show up quickly. Fraser condos are also among the most affordable in the city, ranking 200 out of 218 on price. Compared to nearby Anthony Henday Clareview ($195,350 HonestDoor Price) and Kirkness ($194,973), our condos are a significant discount. For a first-time buyer or investor, that gap is worth paying attention to.

Rental yield on condos sits at 4.35% with estimated rent of $806 per month. Moderate, but not nothing. Growth rank for condos is 280 out of 302 - that puts us near the bottom of the Edmonton leaderboard right now. Condo owners should keep a close eye on where values go over the next few months.

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

Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. It is a snapshot of the past, not a picture of today.

The average assessed value for a Fraser house is $482,057. The average HonestDoor Price is $630,359. That is a gap of 30.76%. For a homeowner, that difference is not just a number on a screen - it is real equity that the city's paperwork is not capturing.

For condos, the assessed value averages $142,330 while the HonestDoor Price comes in at $145,356. The gap is smaller here, but the HonestDoor Price is still the more current read on what the market is actually doing.

The HonestDoor Price updates in real time using actual transaction data and market signals. Your tax assessment does not. If you are making any decision about selling, refinancing, or even just understanding your net worth, the HonestDoor Price is the number to start with.

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

For house sellers, the timing is reasonable. Values are trending up, the predicted price of $632,400 is above recent sale averages, and Fraser ranks above average in Edmonton for growth. You are not in a hot frenzy market, but you are not in a distressed one either. Price it close to the HonestDoor Price, not just the assessed value, and you leave less money on the table.

For condo sellers, move with more urgency. Values have slipped recently and the growth rank of 280 out of 302 is a signal that waiting is not your friend right now. The good news is that condos here sell fast - 24 days on average. Get it priced right and get it listed before the trend dips further.

For buyers, Fraser offers real value. Houses are below the Edmonton average on price rank (166 out of 285) but above average on growth. Condos are among the most affordable in the city. Either way, you are getting more neighbourhood than the price tag suggests.

• Fraser house HonestDoor Price: $630,359 - up from the 3-month average
• Fraser condo HonestDoor Price: $145,356 - down from the 3-month average
• Neighbourhood growth: 0.10% year over year
• Total transactions in 2026: 53 houses, 17 condos
• Fraser house growth rank: 72 out of 292 Edmonton neighbourhoods
• Fraser condo growth rank: 280 out of 302 Edmonton neighbourhoods

Bottom line - Fraser is a neighbourhood where knowing your real numbers gives you a real edge. Check your HonestDoor Price before you make any move.

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.