Holyrood, Edmonton - August 2026 Real Estate Report

Holyrood, Edmonton: Your Neighbours Are Sitting on More Than They Think

If you own a home in Holyrood and you haven't looked past your city assessment lately, you're probably underestimating what your property is actually worth. The numbers tell a clear story - and it's a good one for owners who pay attention.

The Vibe: What's Happening With Houses and Condos Right Now

Let's break it down by property type, because the two markets are telling different stories in our neighbourhood.

Houses in Holyrood

If you've been watching the "For Sale" signs in Holyrood, here's what's actually happening. The average sale price for houses is sitting at $1,160,444, with active listings averaging $1,167,450 this month. Price per square foot is around $632. That's not a typo - Holyrood houses rank 36th out of 285 Edmonton neighbourhoods by price. We're in the top tier.

The catch? Only 2 houses sold this month, down 33.3% from last month. Homes are averaging 37 days on market, and buyers are paying about 99.2% of list price. That means sellers are getting close to what they ask, but buyers do have a little room to negotiate. We're in a buyers' market right now - not a crash, just a breather.

• Average sale price: $1,160,444
• Average list price this month: $1,167,450
• Price per square foot: $632
• Sale-to-list ratio: 99.20%
• Average days on market: 37
• Properties sold this month: 2 (down 33.3%)
• HonestDoor Price: $626,655 (up from 3-month average of $626,639)
• Estimated monthly rent: $2,932
• Rental yield: 5.47%
• Recent value change: +1.28%
• Growth rank: 112 out of 292 Edmonton neighbourhoods - above average
• Days-on-market rank: 35 out of 108 - moderately fast-selling

That 5.47% rental yield is worth flagging. For anyone holding a Holyrood house as an investment, that's a strong return. Estimated rent of $2,932 a month backs that up.

Condos in Holyrood

Condos here are a different play. The average HonestDoor Price for a Holyrood condo is $388,392 - and that's actually higher than every nearby neighbourhood comparison. Strathearn condos average $234,040. Idylwylde sits at $210,248. Ottewell is at $80,393. We're the most expensive condo market in our immediate area by a wide margin.

The HonestDoor Price has dipped 1.90% recently, so it's worth watching. But the predicted market value is $395,913, which is climbing above the 3-month moving average of $389,978. That's a sign the dip may be levelling off.

• HonestDoor Price: $388,392 (down 1.90% from previous period)
• Predicted market value: $395,913
• 3-month moving average: $389,978
• Estimated monthly rent: $2,055
• Rental yield: 4.03%
• Airbnb estimate: $100 per night
• Recent value change: +1.88%
• Growth rank: 92 out of 302 Edmonton neighbourhoods - above average

A 4.03% rental yield on a condo is moderate - not spectacular, but solid. If you're a condo owner here, you're in a stronger position than most of your neighbours in Strathearn, Idylwylde, or Ottewell.

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

Here's the thing about your city assessment. It's a snapshot from months ago, built on data that was already old when it landed in your mailbox. The average assessed value in Holyrood is $540,787. The average HonestDoor Price is $626,655. That's a gap of 15.88% - roughly $86,000 that your assessment is leaving on the table.

The HonestDoor Price updates in real time, pulling from actual transaction data and current market signals. It's the real-world check against a number the city calculated before this year's market even played out. If you're making any decision about your property - selling, refinancing, even just understanding your net worth - the HonestDoor Price is the number to start with, not the assessment.

There were 46 property transactions in Holyrood in 2026, across 1,068 assessed properties. That's real sales data feeding into the model. The city's number doesn't move until next year. Yours can move today.

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

If you're a Holyrood homeowner eyeing a summer sale, here's the honest read. The market is active but not frantic. Buyers are buying - they're just not in a panic. With homes selling at 99.2% of list price and sitting for about 37 days, you have room to price confidently, but you need to price right. Overpricing by even a small margin will cost you time, and time on market works against sellers in a buyers' market.

The good news is that Holyrood holds its own on the Edmonton leaderboard. Houses rank 36th out of 285 neighbourhoods by price - that's a top-13% position. Growth ranks 112th out of 292 - above average. Days on market rank 35th out of 108 - meaning our homes move faster than most.

Nearby, Strathearn houses average $688,774 on the HonestDoor Price - higher than us, but growing slower at 0.08% versus our 0.10%. Idylwylde and Ottewell are both cheaper and growing slower. Holyrood is holding a strong middle ground - premium enough to attract serious buyers, with better growth momentum than our neighbours.

Bottom line: check your HonestDoor Price before you call an agent, before you set a list price, and before you assume your assessment tells the full story. In Holyrood right now, it almost certainly doesn't.

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.