Fraser, Edmonton - July 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's Actually Happening in Fraser Right Now

Fraser is a neighbourhood of two stories right now - houses and condos are moving in completely different directions, and knowing which side you are on matters a lot.

Houses: Fast-Moving, But Prices Are Taking a Breather

If you have been watching the "For Sale" signs in Fraser, here is what is actually happening with houses. Sales are quick - properties are averaging just 9 days on market, which puts us at rank 8 out of 103 Edmonton neighbourhoods for speed. That is elite territory. Buyers are not sleeping on Fraser houses.

That said, the price side is cooling off. The average sale price for houses came in at $352,750 this month, down 27.8% from last month, and only 4 properties sold - half the volume we saw the month before. Buyers are also negotiating, with homes selling at about 97.92% of list price. It is not a fire sale, but sellers are giving a little ground.

• Average house sale price: $352,750
• Average list price this month: $379,888
• Price per square foot: $354
• Average days on market: 9
• Properties sold: 4
• Sale-to-list ratio: 97.92%
• Predicted market value (HonestDoor): $620,839
• 3-month moving average: $610,827 - and rising
• Estimated monthly rent: $2,710
• Rental yield: 5.57%
• Growth rank: 71 out of 302 Edmonton neighbourhoods - above average

The predicted value trend is the number to watch. Even as monthly sales dip, the HonestDoor predicted value for Fraser houses is climbing past its 3-month average. That is the market telling us something the monthly sales data is not.

Condos: Affordable, Fast, and Holding Steady

Fraser condos are a different animal. We are talking about one of the most affordable condo options in the city - price rank of 202 out of 220 Edmonton neighbourhoods. If you are a buyer, that is a feature. If you are a seller, you need to be realistic about where you sit in the market.

Three condos sold this month, holding steady from last month, and they moved fast - averaging just 24 days on market, ranking 17 out of 108 Edmonton neighbourhoods for speed. Buyers are paying about 93.88% of list price, so there is room to negotiate, but deals are still getting done.

• Average condo sale price: $120,667
• Average list price this month: $149,000
• Price per square foot: $125
• Average days on market: 24
• Properties sold: 3
• Sale-to-list ratio: 93.88%
• Predicted market value (HonestDoor): $153,060
• 3-month moving average: $154,749 - slight dip
• Estimated monthly rent: $840
• Rental yield: 4.34%
• Growth rank: 235 out of 296 Edmonton neighbourhoods - below average

The condo HonestDoor Price has dipped 4.10% recently, and the predicted value is sitting just below its 3-month average. Condo values in Fraser are not in freefall, but they are not climbing either. Worth keeping an eye on.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment. It is a snapshot taken months ago, built on formulas that do not account for what buyers are actually paying on your street right now. For Fraser house owners, the gap is enormous.

The average assessed value for a Fraser house is $482,057. The average HonestDoor Price is $631,958. That is a difference of 31.10% - or roughly $150,000 in equity that the city's paperwork is not giving you credit for. The HonestDoor Price has also increased 1.86% from the previous period, so that gap is not shrinking.

For condo owners, the gap is smaller - assessed at $142,330 versus a HonestDoor Price of $146,785 - but the city assessment is still running behind. And with the condo HonestDoor Price down 4.10% recently, knowing your real-time number is more important than ever. You do not want to price based on last year's optimism.

Think of the HonestDoor Price as your real-world check - updated continuously, not once a year. It is the difference between knowing what your home is worth and guessing.

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

For house sellers, the timing conversation is interesting. Monthly sales volume is down and prices dipped this month, but the underlying predicted value is trending up and Fraser ranks above average in Edmonton for growth - sitting at 71 out of 302 neighbourhoods on the leaderboard. The 9-day average days on market tells you that serious buyers are still out there. Price it right and you will not be waiting long.

The catch is that buyers are negotiating. Homes are selling below list price, so padding your ask with a big buffer and hoping for the best is not the move this summer. Come in sharp, lean on your HonestDoor Price as your anchor, and you are in a strong position.

For condo sellers, be honest with yourself. Fraser condos are affordable by Edmonton standards - that is the pitch to buyers, not a weakness. But with the predicted value dipping slightly and growth ranking at 235 out of 296 neighbourhoods, you are not in a position to push for a premium. The good news is that condos here are still selling fast. Price it competitively and it will move.

Bottom line for Fraser - if you own a house here, your equity story is strong and the HonestDoor Price is the number to know before you make any decisions. If you own a condo, stay informed and price with your eyes open. Either way, do not rely on your tax assessment to tell you what your home is worth in today's market.

• Fraser house neighbourhood growth rank: 71 out of 302 Edmonton neighbourhoods - above average
• Fraser condo neighbourhood growth rank: 235 out of 296 Edmonton neighbourhoods - below average
• Total transactions in Fraser in 2026: 49 houses, 16 condos
• Average rental income potential: $2,752 per month for houses, $806 for condos
• Neighbourhood year-over-year growth: 0.10%

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.