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      Glastonbury, Edmonton - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Edmonton, Glastonbury

      Glastonbury Real Estate Right Now: Houses Are Hot, Condos Are Cooling

      If you live in Glastonbury and you haven't checked your home's actual market value lately, you're probably working off a number that doesn't tell the whole story. Here's what's really going on in our corner of Edmonton right now.

      The Vibe: Two Very Different Markets Under One Roof

      Glastonbury isn't one market right now - it's two. And which side of the fence you're on matters a lot for your wallet this summer.

      Houses: Sellers Are Winning

      If you own a house here, the news is good. The average sale price hit $656,875 this month - that's up 13.5% from last month. Even better, homes are selling for 100.16% of list price on average. That means buyers are paying over asking. That doesn't happen in a soft market.

      • Average sale price: $656,875 (up 13.5% month over month)
      • Average list price: $528,400
      • Sale-to-list ratio: 100.16% - buyers are going above asking
      • Average days on market: 26 days
      • Predicted market value: $514,949
      • Rental yield: 5.61% - strong returns for investors
      • Estimated monthly rent: $2,575

      Four houses sold this month, which is down 20% from last month, so inventory is tight. Tight inventory plus buyers paying over list price is a classic sellers' market setup. If you've been thinking about listing your house, the conditions are working in your favour right now.

      One thing worth watching: the predicted market value of $514,949 is sitting below the 3-month moving average of $525,832, and recent values have dipped 2.94%. The sale prices are strong, but the underlying trend is worth keeping an eye on. On the neighbourhood leaderboard, Glastonbury houses rank 213 out of 285 for growth - that puts us in the below-average tier for Edmonton. The momentum is there in sales, but we're not leading the pack on long-term appreciation.

      Condos: Taking a Breather

      The condo side of Glastonbury is a different conversation. One condo sold this month at $215,000 - down 14.9% from last month - and it sold for 95.60% of list price. That means the buyer negotiated the seller down. Condos are sitting on the market for an average of 71 days, which is longer than nearby Potter Greens at 56 days.

      • Average sale price: $215,000 (down 14.9% month over month)
      • Average list price: $224,900
      • Price per square foot: $273
      • Sale-to-list ratio: 95.60% - buyers have negotiating room
      • Average days on market: 71 days
      • Predicted market value: $250,414
      • Rental yield: 4.26% - moderate returns
      • Estimated monthly rent: $1,351

      The predicted condo value of $250,414 is also slipping below the 3-month moving average of $251,443, with recent values down 1.05%. On the neighbourhood leaderboard, Glastonbury condos rank 178 out of 297 for growth - below average for Edmonton. If you own a condo here and are thinking about selling, patience and smart pricing are your best tools right now.

      The Secret Sauce: Your HonestDoor Price vs. Your Assessment

      Here's something most Glastonbury homeowners don't realize. The city's assessed value for houses here averages $517,511. The HonestDoor Price for the same homes averages $515,502. That's close - but the key difference is timing. Your city assessment is a snapshot from months ago. The HonestDoor Price updates in real time, pulling in actual market activity as it happens.

      For condos, the gap is even bigger and more important. The average city assessment is $274,403. The average HonestDoor Price is $243,674 - that's 11.20% lower. If you're a condo owner using your assessment to set expectations about what your unit is worth, you could be starting from a number that's nearly $31,000 too high. That's the kind of mismatch that leads to overpriced listings and long days on market.

      The HonestDoor Price is the real-world check. It's what the market is actually saying your home is worth today - not what a government formula said it was worth last year.

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

      If you own a house in Glastonbury, this summer looks like a reasonable window. Buyers are active, they're paying over list, and inventory is low. The 26-day average days on market means well-priced homes are moving. You're not in a runaway appreciation market - that growth rank of 213 out of 285 keeps things honest - but the conditions for a clean sale are there.

      If you own a condo, the calculus is different. Buyers have leverage right now. The 71-day average days on market and the below-list sale prices tell you that you'll need to price sharp and present well to compete. The HonestDoor Price of $243,674 is a more realistic starting point than the city's $274,403 assessment. Listing based on the assessment could cost you time and money.

      Either way, the smartest first move is checking your HonestDoor Price before you do anything else. It takes two minutes and it gives you a current, honest baseline - not a number that's already six to twelve months old by the time it lands in your mailbox.

      Glastonbury has 1,481 assessed properties and saw 110 total transactions in 2026 across houses and condos. This is an active neighbourhood. People are buying and selling here. The question is just whether the timing and the numbers work for you specifically - and now you have the real numbers to figure that out.

      glastonbury | edmonton | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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