Hazeldean, Edmonton - July 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 one thing. The actual market says something else entirely - and the gap is significant.

The Vibe: What Is Actually Happening in Hazeldean Right Now

Hazeldean is a neighbourhood that does not make a lot of noise, but the numbers are quietly impressive. With 1,033 properties assessed and 38 transactions recorded in 2026, there is real activity here. The market is not on fire, but it is far from cold. Think of it as steady and confident.

Houses: Fast Sales, But Prices Are Taking a Breather

Here is what caught our attention. Houses in Hazeldean are sitting on the market for an average of just 7 days. That is a days-on-market rank of 6 out of 103 neighbourhoods in Edmonton. That is elite-level speed. Buyers are not sleeping on this area.

• Average sale price: $600,000 (down 0.4% from last month)
• Average list price: $775,000
• Price per square foot: $424
• Homes sold for 104.52% of list price - buyers paid above asking
• 3 properties sold last month, down 25% from the month before
• Predicted market value: $557,612
• 3-month moving average: $555,356 - values are trending up
• Estimated monthly rent: $2,709
• Rental yield: 5.54% - that is a strong return
• Growth rank: 129 out of 302 Edmonton neighbourhoods - above average
• Price rank: 108 out of 285 - above average in Edmonton

Yes, the average sale price dipped slightly and fewer homes sold compared to last month. That is the market taking a breather after a strong run. But when buyers are still paying over list price and homes are gone in a week, we are not in trouble. We are in a normalizing sellers' market - which is still a good place to be if you own here.

Condos: A Steady Hold With Room to Watch

Condos in Hazeldean tell a slightly different story. The HonestDoor Price sits at $275,379, which has dipped 1.32% from the previous period. That is worth noting, but not worth panicking over. The predicted market value of $279,051 is actually trending above the 3-month moving average of $276,661, which suggests the floor is holding.

• Average HonestDoor Price: $275,379
• Predicted market value: $279,051
• 3-month moving average: $276,661
• Estimated monthly rent: $1,482
• Rental yield: 4.20% - moderate but consistent
• Airbnb estimate: $72 per night
• Growth rank: 137 out of 296 Edmonton neighbourhoods - above average

For condo owners, the rental angle is worth paying attention to. A 4.20% yield in this rate environment is not something to dismiss. If you are holding a condo here and wondering whether to sell or rent, the numbers suggest renting is a legitimate option.

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

Here is the honest truth about government assessments. They are snapshots taken months ago, based on data that is already old by the time it lands in your mailbox. In a neighbourhood like Hazeldean, where the market moves fast and buyer demand is real, that lag costs you.

The average assessed value for a Hazeldean home is $529,276. The average HonestDoor Price is $568,376. That is a gap of roughly $39,000 - and the HonestDoor Price has already moved up 1.93% from the previous period. The HonestDoor Price is updated in real time using actual transaction data, current listings, and live market signals. It is the real-world check that tells you what your home is worth today, not what a government formula calculated eight months ago.

Put it this way: if you walked into a negotiation using the assessed value as your anchor, you could be starting $39,000 below where you should be.

The "So What?": Should You Sell in Hazeldean This Summer?

If you are thinking about listing this summer, here is the straight talk.

The conditions are still in your favour, but the window is shifting. Homes are selling fast - 7 days on average - and buyers are paying above list price. That combination does not last forever. The slight dip in average sale price and the drop in transaction volume from last month are early signals that the urgency is cooling, not crashing.

Compared to nearby neighbourhoods, Hazeldean holds its own. Ritchie next door has an average HonestDoor Price of $569,455 and is growing at 0.10% year over year - just a hair faster than Hazeldean's 0.09%. Mill Creek Ravine South comes in cheaper at $550,657. Rosedale Industrial is significantly lower at $391,363. Hazeldean sits in solid company and is priced competitively for what it offers.

• Sell now if you want to catch buyers who are still motivated and moving quickly
• Price sharp - the gap between list prices ($775,000) and sale prices ($600,000) is wide, so realistic pricing wins
• Use your HonestDoor Price as your starting point, not the city assessment
• If you are a condo owner, run the rental yield numbers before you decide - 4.20% is worth a second look

Hazeldean is not a neighbourhood that screams for attention. It just quietly delivers. And right now, the numbers back that 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.