Fraser, Edmonton - October 2026 Real Estate Report
Fraser, Edmonton Real Talk: Your Home Is Worth More Than the City Thinks
If you own a place in Fraser and you have not checked your HonestDoor Price lately, you are probably sitting on more equity than your last tax notice suggested. The city's assessment is a snapshot from the past. The real market is moving right now, and the gap between those two numbers is significant.
The Vibe: What Is Actually Happening in Fraser
Fraser is a neighbourhood of two stories right now. Houses and condos are telling very different tales, and if you own either one, it pays to know which story is yours.
Houses - Taking a Breather
If you have been watching the "For Sale" signs on the house side of Fraser, here is what is actually happening. The market is cooling off. Prices are down, sales-to-list ratios are below 100%, and homes are sitting longer than we would like.
- Average sale price: $390,800 - down 7.5% from last month
- Average days on market: 59 days
- Sale-to-list ratio: 96.16% - buyers are negotiating below asking
- 5 houses sold this month - up 25% from last month, so volume is picking up
- Price per square foot: $267
- HonestDoor predicted value: $611,269 - down from the 3-month average of $624,823
- Recent value change: -3.10%
- Growth rank: 222 out of 285 Edmonton neighbourhoods - below average on the leaderboard
- Days-on-market rank: 55 out of 116 - moderately fast by Edmonton standards
The honest read here? House prices in Fraser are under short-term pressure. That said, 59 days on market is not a disaster, and the jump in sales volume is a sign that buyers are still showing up. They are just pickier and more patient than they were six months ago.
Rental investors, take note. Estimated rent sits at $2,700 per month with a rental yield of 5.57%. That is a strong return. If selling is not the move right now, holding and renting is a legitimate play.
Condos - A Different Story Entirely
We have to be straight with you: the condo side of Fraser is one of the more interesting spots in the city right now. While house prices are dipping, condo values are climbing.
- Average sale price: $124,000 - up 18.9% from last month
- Average days on market: 108 days - slower than nearby Bannerman at 93 days
- Sale-to-list ratio: 96.64% - still below list, but prices are rising
- 5 condos sold this month
- Price per square foot: $160
- HonestDoor predicted value: $158,462 - up from the 3-month average of $150,201
- Recent value change: +9.02%
- Growth rank: 11 out of 297 Edmonton neighbourhoods - top performer on the leaderboard
- 132 total transactions in 2026 - Fraser condos rank 3rd in all of Edmonton for transaction volume
That growth rank of 11 out of 297 is not a small thing. It means Fraser condos are outpacing nearly every other neighbourhood in the city right now. Yes, they take longer to sell, and yes, they are among the most affordable in Edmonton. But the momentum is real and the numbers back it up.
Rental yield on condos comes in at 4.34% with an estimated $870 per month in rent. Moderate returns, but paired with that 9% value jump, the total picture looks solid for investors who got in early.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your city assessment. It is based on data that is already old by the time it lands in your mailbox. The average assessed value for a house in Fraser is $482,057. The average HonestDoor Price is $605,000. That is a gap of 25.50%. For condos, the assessed value averages $142,330 while the HonestDoor Price sits at $158,329 - 11.24% higher.
That gap is not a rounding error. It is real money. If you are making any decision about selling, refinancing, or even just understanding your net worth, the HonestDoor Price is the real-world check against a number the city calculated months ago. It updates in real time. Your assessment does not.
Think of it this way: your neighbour's house does not care what the city thinks it is worth. It sells for what the market will pay today. HonestDoor tracks that. The assessment does not.
The So What - Thinking About Selling This Summer?
If you own a house in Fraser and you are thinking about listing this summer, go in with clear eyes. The market is softer than it was. Buyers are negotiating, homes are sitting for nearly two months on average, and prices have dipped recently. That does not mean you should not sell - it means you need to price it right from day one. Overpricing in this environment will cost you time and money.
The good news is that your HonestDoor Price of around $605,000 is still well above what the city assessed you at. You have equity to work with. Use it strategically, not emotionally.
If you own a condo in Fraser and you are thinking about selling, the timing is actually more interesting. Values are up nearly 9% recently, and Fraser ranks 11th in the entire city for condo growth. The catch is that condos are taking longer to move - 108 days on average. Price it competitively and be patient. The demand is there, it just moves slower.
Either way, the first step is the same. Check your HonestDoor Price at HonestDoor.com before you do anything else. It is free, it is current, and it will tell you more about where you actually stand than any assessment notice ever will.
- Fraser house HonestDoor Price: $605,000 - 25.50% above city assessment
- Fraser condo HonestDoor Price: $158,329 - 11.24% above city assessment
- Neighbourhood growth: 0.10% year over year
- 1,321 house properties and 294 condo properties assessed this year
- Fraser condo transaction rank: 3rd in all of Edmonton
Fraser is not the flashiest neighbourhood on the Edmonton leaderboard, but it is steady, it is affordable relative to the city, and right now it is hiding some real value that a lot of owners have not looked at closely enough. That is worth knowing.
fraser | edmonton | october 2026This 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.