HonestDoor

    Glengarry, Edmonton - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Edmonton, Glengarry

    Glengarry, Edmonton: Your Home Is Worth More Than the City Thinks

    If you own a home in Glengarry and you have not checked your HonestDoor Price lately, you are probably leaving money on the table. The city's assessment says one thing. The real world says another. Here is what is actually going on in our neighbourhood right now.

    The Vibe: Houses vs. Condos in Glengarry

    Houses - A Quiet Sellers' Market

    If you have been watching the "For Sale" signs on our streets, here is what the numbers are telling us. Houses in Glengarry are selling for an average of $345,400, and buyers are actually paying above asking - 100.47% of list price on average. That is not a typo. In a market where a lot of Edmonton neighbourhoods are seeing buyers push back, our houses are holding firm.

    • Average sale price: $345,400
    • Average list price this month: $364,900
    • Price per square foot: $305
    • Average days on market: 26
    • Properties sold above list price: yes, at 100.47% of ask
    • Predicted market value: $366,981
    • 3-month moving average: $360,469 - and values are climbing past it
    • Rental yield: 5.88% - that is a strong return
    • Estimated monthly rent: $1,929
    • Recent value change: up 2.71%

    That growth rank is worth talking about. Glengarry houses rank 28 out of 292 comparable Edmonton neighbourhoods for growth. That puts us in the top 10% of the city. We are not the flashiest neighbourhood on the map, but we are quietly outperforming most of Edmonton. Days on market rank at 25 out of 108 means our homes move fast when they hit the market. And while our price rank sits at 251 out of 285 - yes, we are one of the more affordable options in the city - that is actually the opportunity. Buyers who cannot afford Killarney or Delwood are looking at Glengarry, and that demand is showing up in the sold-over-ask numbers.

    Condos - A Buyers' Market, But Momentum Is Building

    The condo story in Glengarry is a different one, and we should be honest about it. Right now, condos are a buyers' market. The average sale price is $185,000, but sellers are accepting 92.55% of list price on average - meaning buyers have some negotiating room. Only 1 condo sold recently, so the sample is thin, but the trend lines are worth watching.

    • Average sale price: $185,000
    • Average list price this month: $199,900
    • Price per square foot: $175
    • Average days on market: 27
    • Predicted market value: $122,162
    • 3-month moving average: $117,124 - values are rising above it
    • Recent value change: up 2.74%
    • Estimated monthly rent: $673
    • Rental yield: 4.35%

    The condo growth rank sits at 73 out of 302 Edmonton neighbourhoods - above average, and the days-on-market rank of 21 out of 111 is actually impressive. When a condo in Glengarry is priced right, it moves fast. The challenge is that the HonestDoor Price of $125,683 sits below the city's assessed value of $139,800. That gap is a signal - the city's number is running ahead of what buyers are actually paying right now.

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

    Here is the thing about the city's assessed value - it is a snapshot from the past. It does not update in real time, and it does not know what buyers on your street did last month. The HonestDoor Price is a live, real-world check on what your property is actually worth today.

    For house owners in Glengarry, that difference is significant. The city says the average house is worth $346,632. The HonestDoor Price says $365,259. That is a $18,627 gap - and it is the number that matters if you are thinking about selling, refinancing, or just figuring out where you stand. Yes, the HonestDoor Price has dipped 0.47% from the previous period, but it still sits 5.37% above the city's average assessed value across Edmonton. Our neighbourhood is punching above its weight.

    For condo owners, the picture is flipped. The city assessed the average condo at $139,800, but the HonestDoor Price is $125,683. If you are a condo owner banking on that assessed number, you want to know the real figure before you make any decisions. The good news is the HonestDoor Price is up 2.88% from the previous period - so the trend is moving in the right direction.

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

    If you own a house in Glengarry and you are thinking about selling this summer, the conditions are about as good as they get for a neighbourhood at our price point. Buyers are paying over asking. Homes are moving in under a month. And our growth rank puts us ahead of 90% of Edmonton neighbourhoods. You are not competing with Glenora or Westmount - you are the smart, affordable alternative that buyers are actively seeking out.

    A few things to keep in mind before you list:

    • Your HonestDoor Price of $365,259 is your real-world starting point - not the city's $346,632 assessment
    • 40 property transactions happened in Glengarry in 2026 across 980 assessed properties - that is real, active demand
    • Nearby neighbourhoods like Killarney ($455,999 HD Price) and Delwood ($404,727 HD Price) are all more expensive and growing slower - buyers priced out of those areas are landing here
    • If you are a condo owner, price sharp - buyers have leverage right now, but the market is moving and fast-selling days-on-market numbers show demand is real

    Bottom line: Glengarry is not taking a breather. The house market is active, values are climbing past their 3-month average, and we are sitting in the top tier of Edmonton for growth. Check your HonestDoor Price, know your real number, and if the timing is right for you - this summer is worth a serious look.

    glengarry | edmonton | august 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 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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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.


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