Fulton Place, Edmonton - September 2026 Real Estate Report

Fulton Place Real Estate Update: Solid Ground, But Read the Fine Print

If you live in Fulton Place and you haven't checked your home's actual market value lately, now is the time. Your city assessment is one number. What buyers are actually paying right now is another. And in this neighbourhood, those two numbers are telling different stories depending on whether you own a house or a condo.

The Vibe: Houses vs. Condos in Fulton Place

Let's be straight with each other. The house market and the condo market here are not moving in the same direction right now.

Houses - Taking a Breather

If you've been watching the "For Sale" signs on the house side, here's what's actually happening. Only 2 houses sold this past period, down 33% from the month before. The average sale price came in at $386,000, which is a significant drop of 26.5% from last month. That's a number worth paying attention to. Homes are sitting on the market for an average of 38 days, and buyers are negotiating - properties are closing at 97.42% of list price, meaning sellers are giving a little ground. We are in a cooling stretch for houses right now. That said, the predicted market value for a Fulton Place house sits at $508,893, which is actually ticking up slightly against the 3-month moving average of $507,649. So the long view is still steady.

• Average sale price: $386,000 (down 26.5% from last month)
• Average list price: $519,900
• Price per square foot: $343
• Sale-to-list ratio: 97.42%
• Average days on market: 38
• Predicted market value: $508,893
• Estimated monthly rent: $2,556
• Rental yield: 5.62%

Condos - A Different Story

The condo side is showing more life. Three condos sold this period, up 50% from last month, and the average sale price climbed 5.4% to $276,633. Condos are moving faster here than in nearby Terrace Heights (74 days vs. 82 days), which tells us demand is real. The catch is that the predicted condo value of $853,722 is sliding against its 3-month moving average of $869,865, and recent value change is down 4.63%. So while sales activity is picking up, the underlying value trend is something to watch. Rental yield on condos comes in at 3.62% - moderate, but not a home run.

• Average sale price: $276,633 (up 5.4% from last month)
• Average list price: $262,000
• Price per square foot: $246
• Sale-to-list ratio: 99.87%
• Average days on market: 74
• Predicted market value: $853,722
• Estimated monthly rent: $3,134
• Rental yield: 3.62%

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's 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. The average assessed value for a Fulton Place property sits at $488,113. The average HonestDoor Price is $494,840. That is a gap of roughly $6,700 - and the HonestDoor Price updates in real time as the market moves.

That difference matters. If you are making any decision - refinancing, selling, even just understanding your net worth - using a stale government number is like navigating with last year's map. The HonestDoor Price is the real-world check. It reflects what is actually happening on the street right now, not what was happening when the city last ran its numbers.

On the neighbourhood leaderboard, Fulton Place houses rank 118 out of 291 Edmonton neighbourhoods for growth - that puts us in the above-average tier. Days on market ranks 37 out of 112, meaning houses here sell moderately fast compared to the rest of the city. For condos, the growth rank is 249 out of 302, which puts that segment in the bottom tier right now - worth knowing if you own one.

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

If you own a house in Fulton Place and you're thinking about listing this summer, the honest answer is: price it right from day one. Buyers are paying 97.42% of list price, which means overpricing will cost you time and negotiating leverage. With 38 days on market as the average, a well-priced house can still move. But this is not a market where you can test a high number and expect a bidding war to bail you out.

If you own a condo, the activity is picking up - 3 sales and a 5.4% price bump is encouraging. But the predicted value is drifting down against the 3-month trend, so waiting for values to climb back before selling may not be the right play. Condos here are selling closer to list price (99.87%), which is actually a good sign for sellers who price accurately.

Either way, the first step is checking your HonestDoor Price today - not your assessment notice from January. That number is your real starting point for any conversation about selling, renting, or refinancing in Fulton Place this summer.

• Neighbourhood overall HonestDoor Price: $494,840 (up 1.38% vs. Edmonton average assessment)
• Average rental estimate: $2,496 per month
• Total transactions in 2026: 33 houses, 7 condos
• Neighbourhood year-over-year growth: 0.09%
• House growth rank: 118 out of 291 (above average in Edmonton)
• Condo growth rank: 249 out of 302 (below average in Edmonton)

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.