Highlands, Edmonton - July 2026 Real Estate Report

Highlands, Edmonton: Your Neighbour Just Got a Surprise on Their Assessment Notice

If you own a home in Highlands and you haven't checked your HonestDoor Price lately, you're probably leaving real money on the table. The city's assessment says your house is worth one thing. The actual market says something else entirely - and the gap is significant.

The Vibe: What's Actually Happening in Our Neighbourhood

Highlands is holding its own in Edmonton's competitive market. With 1,115 properties assessed this year and 37 total transactions in 2026, we're not a sleepy pocket of the city. Here's the split between what's moving and what's sitting:

Houses: Strong Sales, Real Momentum

If you've been watching the "For Sale" signs on our streets, here's what's actually happening. Houses are selling, and they're selling fast relative to the rest of Edmonton.

• Average sale price: $774,300 - up 43.5% from last month
• Average list price this month: $822,475
• Price per square foot: $445
• Homes selling at 97.81% of list price - buyers are paying close to asking
• 5 houses sold - up 25% from last month
• Average days on market: 37 days
• Predicted market value (HonestDoor): $540,491
• Estimated monthly rent: $2,617 with a rental yield of 5.57%

That 37-day average on market puts us at rank 35 out of 103 Edmonton neighbourhoods for speed - that's genuinely fast. And our price rank sits at 70 out of 285, meaning we're firmly above average in Edmonton for what homes are worth here. The one honest note: our growth rate ranks 189 out of 302 neighbourhoods right now, so we're not leading the charge on appreciation - but we're not falling behind either. Think of it as a steady hand rather than a sprint.

Condos: A Niche Market With a Wild Number

The condo data in Highlands is a bit of an outlier - and worth explaining so nobody gets the wrong idea. The average HonestDoor Price for condos sits at $3,078,380. That's not a typo, but it reflects a very small, very specific slice of the market. Only 1 condo sold in 2026 so far, and that sale came in at $141,000 - up 28.2% from last month but still among the more affordable price points in Edmonton (ranked 203 out of 220 neighbourhoods for condo price).

• Average condo sale price: $141,000
• Average list price: $148,000
• Price per square foot: $184
• Sold at 95.27% of list price
• Days on market: 55 days
• HonestDoor predicted value: $3,074,847
• Estimated monthly rent: $6,426 with a rental yield of 2.86%
• Condo growth ranks 6 out of 296 Edmonton neighbourhoods - top of the leaderboard

That top-6 growth ranking is the real story here. Even with thin transaction volume, the condo segment in Highlands is outperforming almost every other neighbourhood in the city on a growth basis. The Airbnb rank of 13 in Edmonton also tells you this pocket has serious short-term rental appeal - $320 per night is not a number most Edmonton neighbourhoods can touch.

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

Here's the thing about your city assessment: it's a snapshot taken months ago, using data that's even older than that. It doesn't know what happened on your street last Tuesday. The HonestDoor Price updates in real time, and right now it's telling a very different story than the government number.

For houses in Highlands, the average assessed value sits at $507,919. The average HonestDoor Price is $550,547 - that's 8.39% higher than the city's assessment average across Edmonton. That gap represents real dollars. If you're making any decision about selling, refinancing, or even just understanding your net worth, the HonestDoor Price is the number that reflects what a buyer would actually pay today - not what a spreadsheet calculated last fall.

The HonestDoor Price for houses is also up 1.86% from the previous period. Small move, but it's moving in the right direction. That's your real-world check against a static government number.

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

Straight talk: if you're a house owner in Highlands and you're thinking about listing this summer, the conditions are working in your favour right now.

• Buyers are paying 97.81% of list price - you're not going to get lowballed badly
• Homes are moving in 37 days on average - you're not going to be sitting and waiting
• Sale prices are up 43.5% from last month - momentum is real, even if some of that is a small sample size moving the average
• Your HonestDoor Price at $550,547 gives you a credible anchor for pricing conversations with your agent

The neighbourhood leaderboard stat to keep in mind: our growth rank of 189 out of 302 means Highlands isn't the hottest appreciating market in Edmonton right now - places like Newton are growing faster on a percentage basis. But our price rank of 70 out of 285 means we're selling at a premium compared to most of the city. That combination - above-average price, moderate growth - is exactly what attracts buyers who want quality without chasing a bubble.

If you're a condo owner, the thin transaction volume makes timing trickier. One sale a month means the market can swing hard on a single deal. But that top-6 growth ranking and the strong Airbnb potential suggest the long-term story here is solid. Patience is your friend.

Bottom line: Highlands is a neighbourhood where knowing your real number - your HonestDoor Price - gives you a genuine edge. Don't wait for the city to tell you what your home is worth. Check it now.

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.