Hazeldean, Edmonton - August 2026 Real Estate Report

Hazeldean, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Hazeldean and you have not checked your HonestDoor Price lately, you are leaving real money on the table. The city's assessment says the average house here is worth $529,276. The real-world number? Closer to $570,324. That is a $41,000 gap - and it matters more than most people realize.

The Vibe: What Is Actually Happening in Our Neighbourhood

Hazeldean is a mixed picture right now, and we think it is worth being straight about that. Houses and condos are telling two very different stories.

Houses - Still Strong, But Taking a Breather

If you have been watching the "For Sale" signs on our streets, here is what is actually happening. The average sale price for houses came in at $494,000 this month, which is down 17.7% from last month. That sounds alarming, but keep in mind only 1 house sold this month - so one transaction can swing the average hard. The bigger picture is more reassuring.

• Average sale price this month: $494,000
• Average list price this month: $510,000
• Price per square foot: $460
• Homes sold at 96.86% of list price - buyers are getting a small discount, but sellers are still close to asking
• Average days on market: 16 - that is a very fast-selling pace
• Predicted market value: $568,376 - up from the 3-month average of $560,452
• Rental yield: 5.52% - that is a strong return for investors
• Estimated monthly rent: $2,747

The predicted value trend is moving in the right direction. Houses here rank 68 out of 292 Edmonton neighbourhoods for growth - that puts us solidly in the above-average tier. Days-on-market rank is 15 out of 108, which means our houses sell faster than almost everyone else in the city. That is not a small thing.

Condos - Steady, But Watch the Trend

The condo side of Hazeldean is a quieter story. One condo sold this month at $506,000, essentially unchanged from last month. Properties are selling at 97.50% of list price, and the average days on market is 28. Fast by most standards, but slower than our houses.

• Average sale price: $506,000
• Average list price: $519,000
• Price per square foot: $299
• HonestDoor Price for condos: $275,515
• Predicted market value: $275,379 - slightly below the 3-month average of $278,320
• Estimated monthly rent: $1,460
• Rental yield: 4.20% - moderate, but still positive
• Average days on market: 28

Condo values here are down 1.32% recently and rank 218 out of 302 neighbourhoods for growth. That is below average. If you own a condo in Hazeldean and are thinking about selling, sooner is probably smarter than later.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about the city's assessed value - it is a snapshot from the past. It does not update in real time, and it does not care what the market did last month. The average assessed value for a Hazeldean house is $529,276. The average HonestDoor Price is $570,324. That is a 7.76% difference - and it is not a rounding error.

The HonestDoor Price pulls from current market activity, recent sales, and real-time signals. It is the number a buyer's agent is going to use when they sit across the table from you. If you are pricing your home based on your tax assessment, you could be starting the conversation in the wrong place entirely.

The HonestDoor Price for houses here has also moved up 0.34% from the previous period. Small, but it is moving in the right direction. Check yours now at HonestDoor - it takes about 30 seconds and it is free.

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

Here is the honest take for anyone in Hazeldean weighing a summer sale.

For house owners, the fundamentals are working in your favour. Homes are selling fast - 16 days on market is genuinely quick. The predicted value is trending up. Rental demand is strong at $2,747 per month, which means investors are watching this neighbourhood. You are competing in a market where buyers are still paying close to asking price. If your home is in good shape and priced right, summer 2026 is a reasonable time to move.

Compare us to nearby neighbourhoods and the picture gets clearer. Ritchie is growing slightly faster at 0.10% versus our 0.09%, but our house prices are higher. Rosedale Industrial and Mill Creek Ravine South are both cheaper. Hazeldean is holding its own as one of the pricier options in the area - and that reputation has value when you are negotiating.

For condo owners, the calculus is different. Values are dipping slightly and the growth rank is below average. If you are on the fence, do not wait for the market to turn around on its own. Get your HonestDoor Price, talk to a local agent, and make a decision based on real numbers - not hope.

Bottom line: Hazeldean is not a neighbourhood in trouble. It is a neighbourhood where paying attention to the right data right now puts you ahead of the people who are just waiting to see what happens.

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.