Hillview, Edmonton - July 2026 Real Estate Report

Hillview, Edmonton: Your House Is Worth Way More Than The City Thinks

If you own a home in Hillview and you have not checked your HonestDoor Price lately, you are probably sitting on a number that would surprise you. The city's assessment says one thing. The real world says something very different.

The Vibe: What's Actually Happening in Hillview Right Now

Let's break it down by property type, because houses and condos are telling two different stories here.

Houses - Fast Sales, But Prices Are Taking a Breather

If you have been watching the "For Sale" signs in Hillview, here is what is actually happening. Houses are selling fast - we are talking an average of 5 days on market, which ranks 4th out of 103 Edmonton neighbourhoods. That is elite speed. Buyers are not sleeping on listings here.

• Average sale price: $455,000 (down 23.5% from last month)
• Average list price this month: $439,900
• Price per square foot: $305
• Sold at 103.43% of list price - buyers are still going over asking
• 1 property sold, 5 average days on market
• HonestDoor predicted market value: $749,663
• 3-month moving average: $740,529 - and values are climbing
• Estimated rent: $2,921/month with a 5.57% rental yield
• Neighbourhood growth: 0.11% year over year

The monthly sale price dip is worth noting - the market is taking a breather. But here is the thing: buyers are still paying above list price, and the predicted value is trending upward from the 3-month average. That is not a market in freefall. That is a market catching its breath before the next move.

On the neighbourhood leaderboard, Hillview houses rank 191 out of 302 for growth - below average for Edmonton. But that days-on-market rank of 4 out of 103? That tells us demand is real. Homes do not sit here.

Condos - Affordable, Fast, and Quietly Climbing

The condo story in Hillview is a different kind of interesting. We are not talking luxury numbers, but we are talking about a segment that is punching above its weight on growth and speed.

• Average sale price: $111,500
• Average list price this month: $79,000
• Price per square foot: $111
• Sold at exactly 100% of list price - a balanced, stable market
• 1 property sold, 20 average days on market
• HonestDoor predicted market value: $195,880
• 3-month moving average: $193,199 - values are rising
• Estimated rent: $1,072/month with a 4.33% rental yield
• Recent value change: up 1.01%
• Neighbourhood growth: 0.13% year over year

Hillview condos rank 68 out of 296 Edmonton neighbourhoods for growth - that puts us in above-average territory. And with a days-on-market rank of 13 out of 108, condos here move quickly too. For price, we rank 199 out of 220, meaning Hillview condos are among the most affordable in the city. That combination - fast sales, rising values, low entry price - is exactly what investors and first-time buyers are hunting for.

The Secret Sauce: Your HonestDoor Price vs. What the City Says

Here is the number that should make every Hillview homeowner stop scrolling. The city's average assessed value for a house here is $438,522. The average HonestDoor Price is $730,217. That is a gap of 66.52%.

The city's assessment is a snapshot from the past. It does not update in real time. It does not know what sold on your street last Tuesday. The HonestDoor Price does. It pulls from current market activity and gives you a live, real-world check on what your property is actually worth today - not what a government formula calculated months ago.

For condos, the gap is smaller - assessed at $189,751, HonestDoor Price at $191,033 - but the direction is the same. The HonestDoor number is current. The assessment is not.

Yes, the HonestDoor Price has dipped slightly - down 2.31% for houses and 2.47% for condos from the previous period. But even with that dip, the house number is still $291,695 higher than what the city has on file. That is not a rounding error. That is real equity you might not know you have.

The 'So What?': Thinking About Selling This Summer?

Here is the honest take for anyone considering a sale in Hillview this summer.

The case for moving now is real. Houses here sell in 5 days on average and buyers are still paying over list price. That is a seller's advantage that not every Edmonton neighbourhood can claim right now. Inventory is tight - only 26 house transactions recorded in 2026 across 848 assessed properties. Low supply with active buyers is a combination that works in your favour.

The cooling note is also real. That 23.5% month-over-month price drop is a signal worth watching. One sale does not make a trend, but it is a reminder that pricing your home right matters more than ever. Overpricing in a softening moment is how listings go stale.

For condo owners, the math is straightforward. You are in a growth-ranked, fast-selling segment at a price point that attracts a wide pool of buyers. If you have been on the fence, the window looks open.

Compared to nearby neighbourhoods, Hillview houses outprice Greenview ($448,180), Tawa ($434,208), and Lee Ridge ($666,640) - with Lee Ridge being the closest competitor on value. For condos, all three nearby neighbourhoods - Greenview ($218,977), Tawa ($232,705), and Lee Ridge ($199,561) - are priced higher than Hillview. That makes us the entry point for buyers priced out of those areas, which keeps demand steady.

Bottom line: check your HonestDoor Price before you do anything else. The number the city has on file is not the number a buyer will pay. Know the difference before you negotiate.

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.