HonestDoor

    Hawks Ridge, Edmonton - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Edmonton, Hawks Ridge

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

    If you own a home in Hawks Ridge and you have not looked at your HonestDoor Price lately, now is the time. The city's assessment says your house is worth $602,607 on average. The real world says something different - and higher.

    The Vibe: What Is Actually Happening in Hawks Ridge Right Now

    Let's split this into two honest conversations - one for house owners, one for condo owners - because the stories are pretty different.

    Houses: A Market Taking a Breather

    If you have been watching the "For Sale" signs on the streets around Hawks Ridge, here is what is actually happening. The market is cooling off. Not crashing - just catching its breath.

    • Average sale price this period: $573,000 - down 10.3% from last month
    • Average list price right now: $719,100
    • Price per square foot: $313
    • Homes are selling at 98.73% of list price - buyers are getting small discounts
    • Only 3 homes sold - down 25% from last month
    • Average days on market: 109 days
    • Predicted market value: $611,991
    • Estimated monthly rent: $2,925 with a rental yield of 5.43%

    That 109-day average is the number we should all be paying attention to. Homes nearby in Trumpeter Area are moving in 70 days. Hawks Ridge houses are sitting longer, which tells us buyers have options and they know it. If you are pricing your home, that gap matters.

    The good news? The predicted value of $611,991 is ticking up from the 3-month moving average of $611,095. So while the short-term sales data looks soft, the underlying value trend is still pointing in the right direction. And Hawks Ridge houses still rank 73rd out of 285 Edmonton neighbourhoods on price - that puts us solidly above average in the city.

    On the neighbourhood leaderboard, though, growth rate ranks 187 out of 302. That is below average for Edmonton right now. It is not a red flag, but it is a signal to watch.

    Condos: The Quiet Outperformer

    Here is the part of the Hawks Ridge story that does not get enough attention. Condos are doing well - genuinely well.

    • Average HonestDoor Price: $446,636 - up 11.63% from the previous period
    • Predicted market value: $400,087 - up from the 3-month average of $393,745
    • Estimated monthly rent: $2,075
    • Rental yield: 4.02%
    • Condo growth ranks 76 out of 296 Edmonton neighbourhoods - above average

    That 11.63% jump in the HonestDoor Price for condos is a real number. Compare that to nearby Trumpeter Area condos at $369,569 or Starling at $359,287 - Hawks Ridge condos are priced higher and growing. If you own a condo here, your asset is punching above its weight compared to the immediate neighbourhood.

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

    Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. It is a snapshot of the past, not a picture of today.

    The HonestDoor Price is updated in real time using actual sales, current listing activity, and live market signals. For Hawks Ridge houses, the average HonestDoor Price is $616,014 - that is $13,407 higher than the city's assessed average of $602,607. For condos, the HonestDoor Price sits at $446,636.

    That gap between the assessment and the HonestDoor Price is not just a number. It is the difference between what a neighbour might accept if they priced off the tax notice, and what they could actually get if they priced off real market data. Knowing your HonestDoor Price is the real-world check that keeps money in your pocket.

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

    Straight talk: the house market in Hawks Ridge right now favours a patient, well-priced seller - not a rushed one.

    With homes sitting an average of 109 days and only 3 sales recorded this period, buyers are not scrambling. They are comparing. That means your price, your presentation, and your timing all matter more than they did a year ago.

    A few things to keep in mind if you are thinking about listing this summer:

    • Price off your HonestDoor Price - not your tax assessment. The $616,014 average HonestDoor Price for houses reflects where the market actually is today.
    • The 98.73% sale-to-list ratio tells us overpriced homes are getting negotiated down. Come in sharp.
    • Hawks Ridge houses still beat nearby Kinglet Gardens on price ($573,000 average sold vs. $543,228) - that is a real selling point for buyers comparing neighbourhoods.
    • If you own a condo and have been on the fence, the momentum is in your favour right now. An 11.63% HonestDoor Price increase and an above-average growth rank of 76 out of 296 is a solid position to sell from.
    • Rental demand is real here too. A 5.43% yield on houses and $2,925 estimated monthly rent means buyers who are on the fence about purchasing might be nudged by the income potential.

    Hawks Ridge is not the hottest market in Edmonton right now, but it is not struggling either. It is a neighbourhood with real value, strong rental fundamentals, and a condo segment that is genuinely outperforming. Know your numbers, price it right, and you will be in a good spot.

    hawks ridge | edmonton | july 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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