Hillview, Edmonton - October 2026 Real Estate Report
Hillview, Edmonton: Your Home Is Worth Way More Than the City Thinks
If you own a house 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. Here is what is actually going on in our neighbourhood right now.
The Vibe: Houses vs. Condos
Houses - Fast, Competitive, and Holding Strong
If you have been watching the "For Sale" signs in Hillview, here is what is actually happening. Houses are selling in an average of 5 days. That is not a typo. Five days. And buyers are paying 103.43% of the asking price, meaning they are going over list. That kind of demand does not happen in a soft market.
Yes, the average sale price this month sits at $329,167, which looks like a big drop from last month. But with only 3 sales recorded, one outlier property can swing that number hard. Do not read too much into a single month of thin data. The bigger story is the predicted market value of $745,695 - up from a 3-month moving average of $734,257. Values are climbing, not falling.
- Average sale price this month: $329,167
- Average list price: $439,900
- Price per square foot: $246
- Sale-to-list ratio: 103.43% - buyers are paying over ask
- Average days on market: 5
- Properties sold this month: 3
- Predicted market value: $745,695
- Estimated monthly rent: $2,911
- Rental yield: 5.58%
- Recent value change: 2.89%
On the neighbourhood leaderboard, Hillview houses rank 8 out of 285 Edmonton neighbourhoods for growth. That puts us in the top 3% of the city. Days-on-market ranks 5 out of 116 - meaning almost nowhere in Edmonton moves faster. We are a top performer. Full stop.
Condos - Steady, Balanced, and Quietly Competitive
The condo side of Hillview is a different story, but not a bad one. One sale this month at $317,000, right at the list price. No bidding wars, but no discounting either. That is a balanced market doing exactly what a balanced market does. Properties are moving in an average of 20 days, which still ranks 13 out of 113 Edmonton neighbourhoods for speed. We are not slow.
- Average sale price: $317,000
- Price per square foot: $277
- Sale-to-list ratio: 100% - clean, no drama
- Average days on market: 20
- Properties sold this month: 1
- Predicted market value: $197,783
- Estimated monthly rent: $1,082
- Rental yield: 4.32%
- Recent value change: 2.85%
Condo growth ranks 46 out of 297 Edmonton neighbourhoods - top 15% of the city. And our sale price of $317,000 beats nearby Greenview condos at $260,000. We are holding our own against the competition.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the number that should get your attention. The city's average assessed value for a Hillview house is $438,522. The average HonestDoor Price is $735,975. That is a gap of 67.83%. The city's assessment is not wrong - it is just old. It is a snapshot from the past, updated once a year, and it does not react to what buyers are actually paying right now.
The HonestDoor Price is a real-world check. It pulls from current market activity and updates in real time. If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the assessed value is the wrong number to use. Your HonestDoor Price is the honest one.
For condos, the gap is smaller but still real. The city assessment averages $189,751. The HonestDoor Price comes in at $196,389 - about 3.50% higher. The condo market is tighter, but the principle is the same: the city's number lags behind reality.
- House assessed value (city): $438,522
- House HonestDoor Price: $735,975 - 67.83% higher than assessed
- Condo assessed value (city): $189,751
- Condo HonestDoor Price: $196,389 - 3.50% higher than assessed
The "So What?": Thinking About Selling This Summer?
If you are a house owner in Hillview and you are thinking about listing this summer, the conditions are about as good as they get. Buyers are moving fast - 5 days on market - and they are paying over asking. Your predicted value is trending up. And compared to nearby neighbourhoods, Hillview houses are priced well above Lee Ridge ($655,427), Greenview ($441,803), and Tawa ($427,330). You have pricing power that your neighbours do not.
The one thing to watch: the month-over-month sale price looks choppy because volume is low. Three sales is not enough data to call a trend. Do not let that number spook you. The underlying demand signals - days on market, sale-to-list ratio, predicted value growth - all point in the right direction.
For condo owners, summer is a reasonable time to test the market. You are not going to get a bidding war, but you will get a fair price quickly. At $317,000, Hillview condos are already beating Greenview. And with a 4.32% rental yield, if you are not ready to sell, holding and renting is a genuinely solid option.
Bottom line: Hillview is not a neighbourhood that is taking a breather. Houses are in the top 3% of Edmonton for growth. Demand is real. If your plan is to sell, do not wait for the city to catch up to what your home is actually worth. Check your HonestDoor Price today - it is already telling you a much better story than your last tax notice.
hillview | 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.