Granville, Edmonton - July 2026 Real Estate Report

Granville, Edmonton: Your Neighbour Just Got a Better Price Than the City Thinks

The Vibe Right Now

If you own a home in Granville and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. The city's assessment is one number. What buyers are actually paying is another. Right now, those two numbers are telling very different stories depending on whether you own a house or a condo.

Houses - Strong Prices, But Watch the Volume

Here's the honest picture for houses in Granville. The average sale price hit $611,475 this period - up 7.5% from last month. That's a real jump. And sellers are getting exactly what they're asking for, with homes closing at 100% of list price on average. That's not a soft market. That's a market with backbone.

The catch? Only 4 houses sold, down 20% from last month. Fewer deals doesn't mean prices are falling - it means fewer people are pulling the trigger. Homes are sitting for about 28 days on average, which is longer than nearby Glastonbury at 14 days. The market isn't broken, it's just taking a breath.

• Average sale price: $611,475 (up 7.5% from last month)
• Homes sold at 100% of list price on average
• Average days on market: 28 days
• Price per square foot: $271
• Predicted market value: $617,453
• Rental yield: 5.41% - that's a strong return for investors
• Estimated monthly rent: $2,971
• Growth rank: 208 out of 302 Edmonton neighbourhoods
• Price rank: 78 out of 285 - above average for Edmonton

The growth rank of 208 out of 302 is worth being straight about. Granville isn't leading the pack on appreciation right now. But sitting above average on price rank at 78 out of 285 means you're in a premium pocket. Buyers know it. That's why they're still paying full list.

Condos - Fast Sales, But Know What You've Got

The condo story in Granville is genuinely interesting. Only 1 condo sold this period, so we're working with thin data - keep that in mind. But the signal is hard to ignore: that condo sold in just 10 days. Glastonbury condos are sitting for 14 days by comparison. Granville condos are moving fast when they hit the market.

The days-on-market rank for condos is 3 out of 108 Edmonton neighbourhoods. That's not a typo. When a Granville condo lists, buyers show up quickly.

• Average condo sale price: $286,500
• Buyers paid 97.12% of list price - slightly below ask
• Average days on market: 10 days
• Price per square foot: $340
• Predicted market value: $364,274
• Estimated monthly rent: $1,912
• Rental yield: 4.08%
• Days-on-market rank: 3 out of 108 Edmonton neighbourhoods
• Price rank: 52 out of 220 - above average for Edmonton

One thing stands out on condos. The city's average assessed value is $312,531. The average HonestDoor Price is $371,013. That's an 18.71% gap. If you're a condo owner in Granville relying on your tax assessment to understand what your unit is worth, you could be undervaluing your own asset by tens of thousands of dollars.

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

City assessments are snapshots. They're based on data that's already months old by the time you see it. The HonestDoor Price updates in real time using actual market activity - what buyers are paying today, not what the city calculated last year.

For Granville houses, the HonestDoor Price is $630,009 - sitting 0.18% above the average city assessment of $628,888. That's close, which tells you the city is roughly keeping up on houses. But it's up 2.03% from the previous period, meaning momentum is moving in the right direction.

For condos, the gap is the real story. The HonestDoor Price of $371,013 is 18.71% higher than the city's assessed value of $312,531. If you're a condo owner and you're using your assessment to make decisions - whether that's refinancing, selling, or just understanding your net worth - you could be working with a number that's nearly $60,000 too low.

Every neighbour in Granville with a condo should pull their HonestDoor Price before their next conversation with a realtor or mortgage broker. The city's number is a starting point. The HonestDoor Price is the real-world check.

The So What - Thinking About Selling This Summer?

If you own a house in Granville and you're thinking about listing this summer, the conditions are working in your favour. Buyers are paying full list price. The average sale price is up sharply. You're in a neighbourhood that ranks above average on price across Edmonton. The window is open.

The one thing to watch is volume. With only 4 sales last period and homes taking 28 days to move, you want your pricing and presentation to be sharp. Buyers have options. They're just willing to pay well for the right one.

If you own a condo, the speed of the market is your friend. A 10-day average days on market means serious buyers are out there. But note that buyers are coming in slightly below list at 97.12% - so pricing it right from day one matters more than pricing high and negotiating down.

Either way, the first move is the same: check your HonestDoor Price. Not your assessment. Not what your neighbour sold for two years ago. Your actual number, right now. Granville is holding its value better than most of the west Edmonton neighbourhoods around it. Glastonbury, Breckenridge Greens, and Potter Greens are all coming in cheaper on HonestDoor Price for houses. You're sitting in the premium spot on the leaderboard. Know what that's worth before you make any moves.

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.