Grandview Heights, Edmonton - July 2026 Real Estate Report

Grandview Heights, Edmonton: Your Neighbours Are Sitting on More Than They Think

If you own a home in Grandview Heights and you're still looking at your city assessment to figure out what your place is worth, you're leaving real money on the table. The numbers right now tell a pretty clear story - and it's a good one for owners here.

The Vibe: What's Actually Happening on Our Streets

Houses

The house market in Grandview Heights is holding its ground. We're seeing an average sale price of $1,737,500, with current listings sitting at $1,850,000. Homes are spending about 60 days on the market, and buyers are landing deals at roughly 94% of list price - so yes, there's a little room to negotiate, but sellers are still walking away with strong numbers.

• Average sale price: $1,737,500
• Average list price this month: $1,850,000
• Price per square foot: $982
• Average days on market: 60
• Sale-to-list ratio: 94.36%
• Predicted market value (HonestDoor): $1,172,753
• 3-month moving average: $1,159,275 - values are trending up
• Estimated monthly rent: $4,675
• Rental yield: 4.49%

On the neighbourhood leaderboard, our houses rank 6 out of 285 for price across Edmonton. That puts Grandview Heights in the top tier of the city - not just "nice area" territory, but genuinely elite. Growth ranks 90 out of 302, which is above average. The market is stable, not stalled. Think of it as taking a breather before the next move up.

Condos

Here's where things get interesting. Condos in Grandview Heights are not your typical Edmonton condo story. We're talking an average HonestDoor Price of $6,450,492. These are high-end properties, and the data backs that up - the Airbnb rank for condos here is number 1 in all of Edmonton. Number one.

• Average HonestDoor Price: $6,450,492
• Recent price change: down 1.13% from last period
• Predicted market value: $6,524,187
• 3-month moving average: $6,496,118 - still climbing
• Estimated monthly rent: $15,156
• Airbnb estimate: $750 per night
• Airbnb rank in Edmonton: 1st
• Growth rank: 40 out of 296 - top performers in Edmonton

A small dip of 1.13% in the HonestDoor Price is worth watching, but the 3-month trend is still pointing up. The condo growth rank of 40 out of 296 puts us firmly in the top 14% of Edmonton neighbourhoods. That's not a fluke - that's a track record.

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

Your city assessment is a snapshot from the past. It's calculated using data that can be months - sometimes over a year - old by the time it lands in your mailbox. In Grandview Heights, the average assessed value for houses sits at $1,089,108. The average HonestDoor Price? $1,187,306. That's a gap of over $98,000 - and it's 9% higher than the city's number.

The HonestDoor Price updates in real time using actual sales data, current listing activity, and live market signals. It's the difference between knowing what your home was worth and knowing what it's worth today. For a neighbourhood ranked 5th in all of Edmonton for assessed value, that real-world check matters a lot when you're making decisions about selling, refinancing, or even just knowing where you stand.

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

Here's the honest take for anyone in Grandview Heights weighing a summer sale.

• Prices are near the top of the Edmonton market - rank 6 out of 285 neighbourhoods for houses
• Values are still inching up - the 3-month trend is positive for both houses and condos
• Buyers are active but selective - 60 days on market means you need to price it right, not just high
• The sale-to-list ratio of 94% tells you buyers will push back a little, so smart pricing beats wishful pricing
• Only 2 house sales recorded so far in 2026 - low inventory means less competition for sellers
• Neighbourhood growth is modest at 0.04% year over year, but the HonestDoor Price is already running ahead of the city assessment by 9%

The short version: if you've been thinking about selling, this summer is not a bad window. Inventory is tight, prices are near historic highs for the area, and buyers looking in this price range are serious. The one thing you don't want to do is price off your old assessment. Check your HonestDoor Price first - it's the number that actually reflects what a buyer will put on paper today.

How We Stack Up Against the Neighbours

For context, here's how Grandview Heights compares to the streets around us.

• River Valley Whitemud - HonestDoor Price $1,364,414, rental estimate $4,960 - slightly pricier than us on the house side
• Whitemud Creek Ravine North - HonestDoor Price $899,350, rental estimate $3,960 - more affordable, lower rental ceiling
• University of Alberta Farm - HonestDoor Price $354,983 to $491,500 depending on property type - a very different price point
• Belgravia - HonestDoor Price $375,273, growing at 0.06% - solid neighbourhood but well below our price tier

Grandview Heights sits near the top of this cluster. If buyers are shopping this part of southwest Edmonton, we're one of the premium options - and the data shows that premium is real, not just a feeling.

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.