Graydon Hill, Edmonton - June 2026 Real Estate Report

Graydon Hill Real Estate Update: Solid Prices, But the Market Is Taking Its Time

The Vibe Right Now

If you live in Graydon Hill and you've been wondering whether your home is worth what the city says it is, the short answer is: pretty close - but the details matter depending on whether you own a house or a condo. Here's the real breakdown.

Houses: Strong Prices, Slower Pace

Houses in Graydon Hill are holding their value well. The average sale price sits at $733,000, and the predicted market value is $538,558 - up slightly from the 3-month moving average of $538,293. That's a slow but steady climb, which is exactly what you want to see in a stable neighbourhood.

The catch? Homes are sitting on the market for an average of 50 days. Compare that to nearby Paisley at 26 days, and it's clear our houses are taking a bit longer to find their buyer. Sellers are also getting 98.15% of their list price on average - just under asking, which puts buyers in a decent negotiating position right now.

• Average sale price: $733,000
• Current average listing price: $631,633
• Price per square foot: $997
• Average days on market: 50
• Sale-to-list ratio: 98.15%
• Estimated monthly rent: $2,653
• Rental yield: 5.56%
• Growth rank: 224 out of 305 neighbourhoods in Edmonton

That rental yield of 5.56% is genuinely strong. If you're an investor or thinking about renting your place out, the numbers work in your favour here.

Condos: A Different Story - and a Good One

Condos in Graydon Hill are actually outperforming on a few fronts. The HonestDoor Price for condos is $403,297 - up 0.91% from last period - and the predicted market value has jumped to $399,647, well above the 3-month moving average of $387,203. That's real upward momentum.

Condo values have changed by 4.45% recently, which puts Graydon Hill condos at rank 83 out of 295 comparable neighbourhoods in Edmonton. That's above average, and it's worth paying attention to. The average sale price of $372,500 also beats nearby Paisley condos at $348,000.

• Average sale price: $372,500
• Current average listing price: $375,000
• Price per square foot: $65
• Average days on market: 84
• Sale-to-list ratio: 99.33%
• Estimated monthly rent: $2,085
• Rental yield: 4.02%
• Growth rank: 83 out of 295 neighbourhoods in Edmonton
• Price rank: 25 out of 223 - among the most expensive condos in Edmonton

The one thing to watch: condos are averaging 84 days on market. That's slower than we'd like. Pricing your condo right from day one matters more than ever in this environment.

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

Here's something most Graydon Hill homeowners don't realize. Your city assessment is a snapshot taken months ago, based on data that's already old by the time it lands in your mailbox. The HonestDoor Price updates in real time, pulling in current sales activity and market shifts as they happen.

For houses, the average assessed value is $535,196. The HonestDoor Price is $536,088 - almost identical, which tells us the city got it roughly right this time. But for condos, the gap is significant. The average assessed value is $438,822, while the HonestDoor Price is $403,297. That's a difference of over $35,000. If you're a condo owner using your assessment to make financial decisions - whether that's refinancing, selling, or just knowing your net worth - you could be working with a number that's off by a lot.

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.

So What Does This Mean If You're Thinking About Selling This Summer?

For house sellers, the market is competitive but not urgent. You have a well-priced neighbourhood - rank 89 out of 286 on price in Edmonton - but buyers have options and they know it. Fifty days on market means you need to come in priced right and presented well. The good news is that buyers are still paying close to asking, so there's no need to panic-price.

For condo sellers, the momentum is actually on your side right now. Values are climbing, and Graydon Hill condos are among the priciest in the city. But 84 days on market is a signal that buyers are being selective. A sharp list price based on your current HonestDoor Price - not last year's assessment - could be the difference between a quick sale and a long wait.

Bottom line: Graydon Hill is a solid neighbourhood with real value. Whether you're selling, holding, or just keeping an eye on things, knowing your actual HonestDoor Price right now is the smartest move you can make before summer listings heat up.

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.