Hawks Ridge, Edmonton - September 2026 Real Estate Report

Hawks Ridge, Edmonton: Real Talk for Your Home in 2026

If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the honest version - no spin, no fluff.

The Vibe: What's Happening Right Now

Let's split this into two conversations, because houses and condos are telling very different stories in Hawks Ridge right now.

Houses - Taking a Breather

The house market here is cooling off. The average sale price sits at $575,100 this month - down 4.7% from last month. Listings are asking $612,450 on average, but buyers are paying about 98.5% of that. Translation: if you list at $600,000, expect offers closer to $591,000. That gap matters when you're doing the math on your next move.

Homes are sitting on the market for an average of 46 days. That's not a crisis, but it's not a feeding frenzy either. Buyers have time to think, and they know it.

• Average sale price: $575,100 (down 4.7% from last month)
• Average list price: $612,450
• Price per square foot: $323
• Sale-to-list ratio: 98.53%
• Average days on market: 46
• Properties sold this month: 5
• Predicted market value: $612,242
• Rental yield: 5.43%
• Estimated monthly rent: $2,927

On the neighbourhood leaderboard, our house growth rate ranks 202 out of 291 Edmonton neighbourhoods. Below average, yes - but our price rank is 84 out of 285, meaning we're still sitting in the upper tier for home values across the city. Days-on-market ranks 44 out of 112, so properties here move moderately fast compared to other Edmonton neighbourhoods. We're not leading the pack on growth right now, but we're not at the back either.

Compared to nearby Kinglet Gardens, where houses sold for an average of $493,750, Hawks Ridge is still commanding a solid premium. That gap is real money.

Condos - A Different Story

Condos in Hawks Ridge are actually showing some life. The predicted market value is $450,080 - up from the 3-month moving average of $432,267. That's a positive trend worth noting. Recent property value change sits at +0.77%, and the growth rank is 80 out of 302 Edmonton neighbourhoods - that puts us in the above-average category.

• Average HonestDoor Price: $422,431 (down 6.14% from previous period)
• Predicted market value: $450,080
• 3-month moving average: $432,267
• Estimated monthly rent: $2,174
• Rental yield: 3.93%
• Airbnb estimate: $108 per night
• Recent value change: +0.77%
• Growth rank: 80 out of 302 Edmonton neighbourhoods

Every nearby condo neighbourhood - Trumpeter Area, Starling, Winterburn Industrial Area West - comes in cheaper than Hawks Ridge condos. If you own a condo here, you're sitting above the pack in this corner of Edmonton.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's something most homeowners don't realize. The city's assessed value for a Hawks Ridge house is $602,607. The HonestDoor Price right now is $602,476. They're almost identical - a difference of just 0.02%. That sounds reassuring, but the key word is "right now."

Your city assessment is a snapshot frozen in time - usually based on data from months ago. The HonestDoor Price updates in real time, pulling from actual market activity. Right now, with house prices down 4.7% in a single month and the predicted value sitting at $612,242, the market is moving faster than any annual assessment can track.

If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the live number. The assessment is last season's weather forecast. Check your HonestDoor Price at honestdoor.com before you make any moves.

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

Here's the straight answer: the window is open, but it's not wide open.

If you own a house in Hawks Ridge and you're thinking about listing this summer, the data says don't wait for the market to heat back up on its own. Prices are down month-over-month, buyers are negotiating below list, and homes are taking 46 days to sell. That's not a disaster - but it's a shift from the seller's market many of us got used to.

The good news? Hawks Ridge houses still rank in the top third of Edmonton for price. You have a real asset. The rental yield of 5.43% also means if you're not ready to sell, holding and renting is a genuinely strong option - $2,927 a month in estimated rent is nothing to ignore.

If you own a condo here, the picture is more encouraging. Values are trending upward, growth ranks above average in Edmonton, and you're priced above every comparable nearby neighbourhood. You have leverage.

Bottom line: price it right from day one. With buyers paying 98.5% of list and 46 days on market, an overpriced listing will just sit there while the market drifts lower around it. Know your real number - your HonestDoor Price - and list with confidence from there.

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.