Graydon Hill, Edmonton - July 2026 Real Estate Report

Graydon Hill Real Estate Update: Solid Prices, But the Market Is Telling You Something

If you own a home in Graydon Hill and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment and what buyers will actually pay are two different numbers - and right now, the gap matters.

The Vibe: What's Happening With Houses vs. Condos

Houses - Strong Prices, But Patience Required

If you've been watching the "For Sale" signs in Graydon Hill, here's what's actually happening. Houses are selling at an average of $733,000, which is a strong number. But buyers are taking their time. Homes are sitting on the market for an average of 50 days, compared to just 26 days in nearby Paisley. That gap is worth paying attention to.

• Average sale price: $733,000
• Current average listing price: $631,633
• Price per square foot: $997
• Sale-to-list ratio: 98.15% - buyers are negotiating, and winning small
• Average days on market: 50 days
• Predicted market value: $536,088
• 3-month moving average: $538,470 - values are dipping slightly
• Recent value change: -0.46%
• Estimated monthly rent: $2,643
• Rental yield: 5.56% - that's a strong return if you're thinking landlord

On the neighbourhood leaderboard, Graydon Hill houses rank 193 out of 302 Edmonton neighbourhoods for growth. That puts us in the below-average tier right now. Price rank is a different story - we sit at 63 out of 285, meaning we're well above average in what homes are worth here. Days-on-market rank is 47 out of 103, which is moderately competitive. The market isn't broken - it's just taking a breather.

Condos - A Quiet Bright Spot

The condo story in Graydon Hill is actually more interesting than most people realize. Values are moving in the right direction, and compared to every nearby neighbourhood, our condos are in a league of their own on price.

• Average sale price: $372,500
• Current average listing price: $375,000
• Price per square foot: $65
• Sale-to-list ratio: 99.33% - sellers are getting very close to asking
• Average days on market: 84 days
• Predicted market value: $403,297
• 3-month moving average: $395,185 - values are climbing
• Recent value change: +0.91%
• Estimated monthly rent: $2,102
• Rental yield: 4.02% - moderate but steady

On the neighbourhood leaderboard, Graydon Hill condos rank 73 out of 296 Edmonton neighbourhoods for growth - that puts us in the above-average tier. Price rank is 27 out of 220, meaning we're among the most expensive condo markets in the city. For context, nearby Paisley condos average $319,737, Heritage Valley Area averages $270,700, and Hays Ridge Area averages $276,200. We're priced well above all of them.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here's the thing about your city assessment - it's a snapshot from months ago, built on a formula, not on what a real buyer would hand you a cheque for today. The HonestDoor Price updates in real time using actual market activity. That difference is money on the table.

For houses in Graydon Hill, the average HonestDoor Price is $544,703 - that's 1.78% higher than the average city assessment of $535,196, and it's up 1.61% from the previous period. For condos, the picture flips. The average HonestDoor Price is $411,377, which is actually 6.25% lower than the average assessed value of $438,822 - but it's up 2.00% from the previous period. If you're a condo owner banking on that assessment number, you may be overestimating what the market will give you right now. Check your HonestDoor Price before you make any decisions.

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

If you're a house owner in Graydon Hill and you're thinking about listing this summer, the price ceiling is real and respectable. But 50 days on market means you need to come in sharp. Buyers are negotiating - that 98.15% sale-to-list ratio tells us they're not paying full ask. Price it right from day one, because sitting on the market in a slower-moving neighbourhood costs you leverage every week.

If you own a condo, the momentum is actually on your side right now. Values are trending up, you're sitting in one of the priciest condo markets in Edmonton, and your HonestDoor Price is rising. That said, 84 days on market is a long runway. Buyers have options and they know it. Presentation and pricing still matter.

Either way, the smartest first move is simple - pull your HonestDoor Price today. It's the real-world check on what your property is actually worth right now, not what a government formula said it was worth last year. With only 8 total property transactions recorded in Graydon Hill in 2026 so far, every single listing counts. When you do decide to move, you want the most current number in your corner.

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.