Holyrood, Edmonton - July 2026 Real Estate Report

Holyrood, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Holyrood and you have not looked at your HonestDoor Price lately, you are leaving real money on the table. The city's assessment says the average house here is worth $540,787. The HonestDoor Price says $634,009. That is a $93,222 gap - and that gap matters when you are making decisions about selling, refinancing, or just figuring out where you actually stand.

The Vibe: What Is Happening Right Now in Holyrood

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

Houses - A Breather, Not a Crash

The numbers look a little choppy on the surface. Only 3 houses sold this month, down 40% from last month, and the average sale price of $525,333 is down 24.9% month-over-month. Before you panic - that is a thin sample. Three sales can swing the average wildly. What matters more is the bigger picture.

• HonestDoor Price for houses: $634,009 - up 1.28% from the previous period
• Predicted market value: $626,017 - trending up from the 3-month average of $616,999
• Average days on market: 68 days
• Homes are selling at 100.90% of list price - buyers are still paying above asking
• Price per square foot: $385
• Estimated rent: $2,905 per month with a 5.49% rental yield
• Growth rank: 95 out of 302 Edmonton neighbourhoods - that puts us in the top third

Here is the real story. Even with fewer sales and longer days on market, buyers who do show up are paying over list price. That is not a collapsing market. That is a market taking a breather while still rewarding well-priced homes. The rental yield of 5.49% is genuinely strong - if you are an investor or thinking about holding rather than selling, Holyrood houses are pulling their weight.

Condos - Quietly Outperforming the Neighbours

Holyrood condos are a different story, and honestly a pretty good one. The average HonestDoor Price sits at $395,913, up 1.88% from the previous period - that is a faster pace of growth than the houses. The predicted market value of $388,617 is climbing above the 3-month average of $383,084, which means momentum is building, not fading.

• HonestDoor Price for condos: $395,913 - up 1.88%
• Predicted market value: $388,617
• Estimated rent: $2,024 per month
• Rental yield: 4.04%
• Airbnb estimate: $102 per night
• Growth rank: 74 out of 296 Edmonton neighbourhoods - top 25%

Compare that to nearby condos. Strathearn condos average $245,971. Idylwylde sits at $217,879. Ottewell is at $82,695. Holyrood condos are not just holding their own - we are in a completely different price tier. If you own a condo here, that is worth knowing.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

The city assesses 1,068 properties in Holyrood once a year. That number gets used for your tax bill and it sits there, frozen, until the next cycle. It does not know what sold last month. It does not know that buyers are paying over list price right now. It does not adjust for the fact that Holyrood houses are running 17.24% above the average Edmonton assessed value.

The HonestDoor Price is updated in real time using actual transaction data. Right now it is showing $634,009 for houses - that is $93,222 more than what the city has on file. If you are walking into a conversation with a bank, a buyer, or even just your own financial planner, you want the number that reflects today, not last January.

Think of the city assessment as a snapshot from a year ago. The HonestDoor Price is what your neighbour's place actually sold for last week.

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

Here is the straight talk for anyone considering listing in Holyrood this summer.

• The market is slower than it was - 68 days on market and fewer transactions tell us that. Price accordingly and do not expect a bidding war overnight.
• But buyers who do show up mean business - 100.90% of list price says the right home, priced right, still gets full value or better.
• Your assessed value is not your selling price - the $93,222 gap between the city's number and the HonestDoor Price is exactly why you need a current, data-backed estimate before you set a list price.
• Holyrood sits at rank 40 out of all Edmonton neighbourhoods for total transactions - we are an active market, not a forgotten one.
• Nearby competition matters - Strathearn houses are averaging $684,146, which gives Holyrood room to attract buyers who want this pocket of the city without paying Strathearn prices.

Bottom line - if you are thinking about selling, get your HonestDoor Price first. Not the tax assessment. Not a gut feeling. The real-time number. That is where the conversation starts.

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.