Fraser, Edmonton - September 2026 Real Estate Report

Fraser, Edmonton Real Estate: What Your Neighbour Hasn't Told You Yet

If you own a home in Fraser and you haven't checked your HonestDoor Price lately, you're probably leaving a lot of money on the table - or at least walking around with the wrong number in your head. Here's the straight story on what's actually happening in our corner of Edmonton right now.

The Vibe: Houses vs. Condos in Fraser

Houses - Fast Off the Market, But Prices Are Taking a Breather

If you've been watching the "For Sale" signs in Fraser, here's what's actually happening with houses. We're seeing properties move fast - an average of 17 days on market, which ranks 16th out of 112 Edmonton neighbourhoods. That's genuinely quick. But the price story is a bit more complicated.

• Average sale price: $422,375 (down 25.2% from last month)
• Average list price: $369,900
• Price per square foot: $317
• Sale-to-list ratio: 95.30% - buyers are paying below asking
• Properties sold this period: 4
• Predicted market value: $630,799
• 3-month moving average: $628,013 (values are creeping up)
• Estimated monthly rent: $2,748
• Rental yield: 5.56%

Homes are selling fast, but buyers are negotiating. That 95.30% sale-to-list ratio means if your house is listed at $370,000, expect offers closer to $352,000. The market isn't broken - it's just taking a breather. The predicted value of $630,799 is actually nudging above the 3-month average of $628,013, which is a small but real sign that house values aren't in freefall. On the growth leaderboard, Fraser houses sit at 169 out of 291 Edmonton neighbourhoods - below average, but not at the bottom.

Condos - Affordable, Active, But Slower to Move

The condo side of Fraser tells a different story. We had 68 condo sales this period - and that transaction volume ranks 3rd in all of Edmonton. Third. That's not a typo. Fraser condos are one of the busiest markets in the city by volume, even if the prices are on the lower end.

• Average sale price: $104,310 (down 13.6% from last month)
• Price per square foot: $134
• Sale-to-list ratio: 96.64% - buyers paying close to, but still below, asking
• Properties sold this period: 68
• Average days on market: 108 days
• Predicted market value: $145,356
• 3-month moving average: $148,400 (values are dipping slightly)
• Estimated monthly rent: $798
• Rental yield: 4.34%

108 days on market is the honest number here - condos are sitting longer than nearby Bannerman (93 days), and the predicted value of $145,356 is trending below the 3-month average. This is a cooling market for condos. The rental yield of 4.34% is moderate, not spectacular. If you're a condo owner thinking about timing, that's the number to sit with. On the growth leaderboard, Fraser condos rank 153 out of 302 - below average - and the price rank is 202 out of 216, meaning these are among the most affordable condos in Edmonton.

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

Here's the thing about your city assessment. It's a snapshot from the past. The city looks at sales data from months ago, runs it through their formula, and mails you a number. By the time it lands in your mailbox, the market has already moved on.

For Fraser house owners, that gap is significant. The average city assessment sits at $482,057. The average HonestDoor Price is $611,269. That's a $129,212 difference - 26.80% higher than what the city says your home is worth. If you're making any financial decision based on your assessment alone - whether that's refinancing, selling, or just knowing your net worth - you're working with an outdated number.

For condo owners, the HonestDoor Price of $158,462 is 11.33% above the average assessed value of $142,330 - and it's up 9.02% from the previous period. That's real movement that your tax notice won't reflect until much later.

The HonestDoor Price pulls from real-world, current transaction data. It's the number that reflects what a buyer would actually put on paper today - not what the city calculated from last year's sales.

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

Let's be direct about what this data means if you're considering listing in Fraser this summer.

For house sellers - the good news is that homes are moving in 17 days on average. Buyers are active. The predicted value of $630,799 is higher than what most people expect based on their assessment. But buyers are negotiating, and the sale-to-list ratio of 95.30% means you need to price smart, not just high. Overpricing will cost you more than a small reduction upfront.

For condo sellers - be realistic. 108 days on market is a long time, and values are dipping below the 3-month average. If you need to sell this summer, price it to move. The transaction volume is high (3rd in Edmonton), which means buyers exist - they're just being selective. Competing against 68 other recent sales means your price has to be honest from day one.

For both - check your HonestDoor Price before you call an agent. Walk into that conversation knowing the real-world number, not the government's version of it. In Fraser right now, that gap between assessed value and actual market value is wide enough to matter.

• Fraser house HonestDoor Price: $611,269 (vs. city assessment of $482,057)
• Fraser condo HonestDoor Price: $158,462 (vs. city assessment of $142,330)
• House rental estimate: $2,700 per month
• Condo rental estimate: $870 per month
• Total 2026 transactions in Fraser: 180 (56 houses, 124 condos)
• Neighbourhood growth: 0.10% year over year

Fraser is a real, active market. It's not the flashiest neighbourhood on Edmonton's leaderboard, but the numbers tell a story worth knowing - especially if your financial plans depend on knowing what your property is actually worth today.

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.