Hillview, Edmonton - September 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've been glancing at your city assessment, here's the honest truth - that number is leaving serious money on the table. The real picture looks a lot different, and it's worth paying attention to right now.

The Vibe: What's Actually Happening in Hillview

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

Houses - A Sellers' Market, Full Stop

If you own a house in Hillview, the market is working in your favour. The one house that sold recently went for $595,000 - up 30.8% from last month - and it sold at 103.43% of list price. That means the buyer paid above asking. It sat on the market for just 5 days. That is not a slow market. That is a hot market.

• Average sale price: $595,000
• Average list price this month: $439,900
• Price per square foot: $259
• Average days on market: 5 - ranked 4th fastest out of 112 Edmonton neighbourhoods
• Sold-to-list ratio: 103.43% - buyers are paying over asking
• HonestDoor predicted value: $724,745
• Estimated monthly rent: $2,920 with a rental yield of 5.57%

One thing worth noting - the predicted value of $724,745 is sitting just below the 3-month moving average of $735,580, so we are seeing a slight softening in the trend. Nothing alarming, but worth watching if you are thinking about timing a sale.

On the neighbourhood leaderboard, Hillview houses rank 228 out of 291 for growth rate - which puts us in the below-average tier for price appreciation right now. But that speed-of-sale ranking of 4th out of 112? That tells us demand is real. Buyers want in. They just are not waiting around once a listing goes live.

Condos - Steady, Fast, and Underrated

The condo story in Hillview is quieter but still solid. The one condo that sold recently went for $317,000 at exactly 100% of list price - a balanced, no-drama transaction. It sold in 20 days, which still ranks 15th fastest out of 112 Edmonton neighbourhoods. That is genuinely quick.

• Average sale price: $317,000
• Price per square foot: $277
• Average days on market: 20 - ranked 15th fastest out of 112 Edmonton neighbourhoods
• Sold-to-list ratio: 100% - clean, balanced market
• HonestDoor predicted value: $192,301
• Estimated monthly rent: $1,052 with a rental yield of 4.32%
• HonestDoor Price up 2.85% from the previous period

Condo values have grown 0.66% recently, and on the neighbourhood leaderboard, Hillview condos rank 86th out of 302 for growth - that puts us in the above-average tier. Nearby condos in Greenview, Tawa, and Lee Ridge are all priced slightly higher, but we are keeping pace on growth and selling faster. That is a decent position to be in.

The Secret Sauce: Your HonestDoor Price vs. That City Assessment

Here is where it gets interesting. The city's assessed value for a Hillview house is $438,522. The average HonestDoor Price is $743,539. That is a gap of 69.56%. If you are making any financial decision - refinancing, selling, even just understanding your net worth - and you are using the city assessment as your benchmark, you are working with a number that is nearly $305,000 too low.

City assessments are snapshots. They are based on past sales data and updated once a year. The HonestDoor Price pulls from current market activity and updates in real time. It is the difference between a photo from last year and a live video feed. For condos, the gap is smaller - assessed at $189,751 versus a HonestDoor Price of $197,783 - but the HonestDoor Price is still the more current, market-responsive number.

The HonestDoor Price for houses has increased 2.89% from the previous period. That movement matters. Your assessment will not reflect that until next year. Your HonestDoor Price already does.

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

If you own a house in Hillview and you are even loosely thinking about selling, the conditions are about as good as they get. Buyers are paying over asking. Homes are gone in 5 days. There are 848 assessed properties in the neighbourhood but only 27 transactions recorded in 2026 so far - that is a tight supply relative to the pool of potential sellers. Low inventory plus motivated buyers equals leverage for you.

The one caution - the predicted value is trending slightly below the 3-month average, so the peak of this particular wave may have just passed. Waiting too long into the fall could mean selling into a softer number. If summer is on your radar, sooner is probably smarter than later.

For condo owners, the market is balanced rather than frenzied, but the speed of sales is still strong. If your unit is priced right, it will move. The rental yield of 4.32% also means holding it as an investment is a legitimate option if selling does not feel urgent.

Either way - check your HonestDoor Price before you do anything. It is the real-world number, not the government's best guess from last January.

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.