Hazeldean, Edmonton - October 2026 Real Estate Report
Hazeldean Real Talk: 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 home here is worth $529,175. The HonestDoor Price says $565,613. That is a $36,438 gap - and that gap matters when you are making decisions about selling, refinancing, or just knowing where you actually stand.
The Vibe: What Is Happening in Hazeldean Right Now
Let us break it down by property type, because houses and condos are telling two very different stories right now.
Houses - Taking a Breather
If you have been watching the "For Sale" signs on the streets around here, here is what is actually happening. The house market in Hazeldean is cooling off. The average sale price this month is $554,625 - down 14.1% from last month. Homes are sitting on the market for an average of 88 days, and buyers are paying about 98.57% of the asking price, meaning sellers are giving a little ground to get deals done.
- Average sale price: $554,625 (down 14.1% from last month)
- Average list price: $700,000
- Price per square foot: $440
- Average days on market: 88 days
- Sale-to-list ratio: 98.57%
- Properties sold this month: 4
- Predicted market value: $561,815
- Estimated monthly rent: $2,717 - rental yield of 5.54%
That 5.54% rental yield is genuinely strong. If you are an investor or thinking about holding rather than selling, the numbers support that. The 3-month moving average sits at $566,838, and the current predicted value of $561,815 is trending slightly below that - a signal worth watching. On the neighbourhood leaderboard, Hazeldean houses rank 106 out of 285 Edmonton neighbourhoods for growth - solidly above average, not the top of the pack, but well ahead of the middle.
Condos - A Different Story Entirely
Condos in Hazeldean are moving fast and sitting near the top of Edmonton's price rankings. One condo sold this month, and it moved in just 28 days - that is a very fast-selling property compared to the rest of the city. The price rank for condos here is 9 out of 218 Edmonton neighbourhoods. That puts Hazeldean condos among the most expensive in the city.
- Average sale price: $506,000
- Average list price: $519,000
- Price per square foot: $299
- Average days on market: 28 days
- Sale-to-list ratio: 97.50%
- HonestDoor Price: $256,506 (down 7.21% from previous period)
- Predicted market value: $276,437
- Estimated monthly rent: $1,471 - rental yield of 4.20%
- Days-on-market rank: 21 out of 113 Edmonton neighbourhoods (very fast-selling)
The HonestDoor Price for condos has dipped 7.21% recently, so if you own a condo here, now is the time to keep a close eye on that number rather than assume the market is holding steady.
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. For houses in Hazeldean, the average assessed value is $529,175. The HonestDoor Price is $565,613. That is 6.89% higher than the city's number - and it has already moved up 0.68% from the previous period.
Think of the HonestDoor Price as your real-world check. It pulls in current transaction data, what homes are actually selling for right now, and what buyers are willing to pay today - not what a government formula calculated months ago. If you are using your assessed value to make any financial decision, you are working with an outdated map.
With 1,034 properties assessed in Hazeldean and 47 transactions recorded in 2026, there is enough real activity here to make that HonestDoor Price a reliable number - not a guess.
The So What: Should You Sell in Hazeldean This Summer?
Straight answer - it depends on what you own.
If you own a house, the market is softer than it was. Prices are down from last month, homes are taking longer to sell, and buyers have a bit more leverage right now. That does not mean you cannot get a good price - the predicted value of $561,815 is still strong - but you need to price it right from day one. Overpriced listings are sitting. The gap between the average list price of $700,000 and the average sale price of $554,625 tells you exactly what happens when sellers get too ambitious.
If you own a condo, the speed of the market is on your side. Twenty-eight days on market is fast. Buyers are active. But the HonestDoor Price has slipped 7.21% recently, so do not wait around assuming values will climb back up on their own.
For both property types, the move right now is to check your HonestDoor Price before you do anything else. It is free, it is current, and it will tell you more about what your home is actually worth today than any assessment notice in your mailbox.
- Neighbourhood growth rate: 0.09% year over year
- Total transactions in 2026: 47 (ranked 57 in Edmonton)
- Average rental estimate: $2,731 per month
- Average Airbnb estimate: $136 per night
- Nearby comparison - Ritchie HD Price: $554,833 (growing at 0.10%, slightly faster than Hazeldean)
- Nearby comparison - Mill Creek Ravine South HD Price: $520,864 (cheaper than Hazeldean)
- Nearby comparison - Rosedale Industrial HD Price: $368,000 (significantly cheaper)
Hazeldean is holding its own in a competitive city. You are priced above most of your neighbours, your rental returns are solid, and the real-time data puts you ahead of what the city says you are worth. Use that information.
hazeldean | edmonton | october 2026This 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.