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      Holyrood, Edmonton - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Edmonton, Holyrood

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

      If you own a home in Holyrood and you have not checked your HonestDoor Price lately, you are leaving real money on the table. The city's assessment says your house is worth around $540,787. The market says otherwise - by a lot.

      The Vibe: What Is Actually Happening in Holyrood Right Now

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

      Houses - Still a Seller's Game

      If you have been watching the "For Sale" signs in Holyrood, here is what is actually happening. Houses are selling fast and above asking price. That is not spin - that is the data.

      • Average sale price: $590,500 - up 29.8% from last month
      • Average list price this month: $554,450
      • Price per square foot: $393
      • Sale-to-list ratio: 100.83% - buyers are paying over asking
      • Average days on market: 24 days
      • HonestDoor Price: $607,574
      • Estimated monthly rent: $2,838 with a rental yield of 5.51%

      Buyers are competing. When homes sell for more than list price, that tells us demand is outpacing supply. The 24-day average is slightly slower than nearby Idylwylde at 13 days, so the market is not red-hot, but it is firmly in seller territory. On the Edmonton leaderboard, Holyrood houses rank 23 out of 116 neighbourhoods for days-on-market speed - that puts us in the top tier for how quickly homes move. For price, we rank 47 out of 285 neighbourhoods - among the most expensive in the city.

      One number to watch: the 3-month moving average for predicted value sits at $622,746, and the current predicted value of $607,574 is running below that. Property values have dipped 3.04% recently, and the growth rank sits at 218 out of 285 neighbourhoods. The market is not in freefall - but it is taking a breather after a strong run.

      Condos - A Different Story

      Condos in Holyrood are holding their own compared to the neighbours, but the trend line needs watching.

      • HonestDoor Price: $387,897 - up 2.70% from the previous period
      • Predicted market value: $377,698
      • 3-month moving average: $387,335 - current value is running below this
      • Estimated monthly rent: $1,972 with a rental yield of 4.06%
      • Airbnb potential: approximately $98 per month
      • Recent value change: -2.75%
      • Growth rank: 245 out of 297 neighbourhoods

      Compared to nearby condos, Holyrood is the most expensive option in the area. Strathearn condos average $238,270, Idylwylde sits at $213,476, and Ottewell is at $76,736. If you own a condo here, you are sitting at the top of the local stack. The growth rank of 245 out of 297 puts condos among the bottom performers in Edmonton right now, so this is not the moment to assume values will climb on their own.

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

      Here is the thing about your city assessment. It is a snapshot from months ago, built on a formula that does not know what your renovated kitchen looks like or what your neighbour's house just sold for last week. It is a tax tool, not a market tool.

      The HonestDoor Price is updated in real time using actual transaction data. For Holyrood houses, the city assessment averages $540,787. The HonestDoor Price comes in at $607,114 - that is a gap of 12.26%, or roughly $66,000. That difference is not a rounding error. That is a real-world check on what buyers are actually willing to pay right now.

      With 1,068 properties assessed in the neighbourhood and 57 transactions recorded in 2026, there is enough real sales data flowing through Holyrood to make that HonestDoor number meaningful. Check yours at HonestDoor before you price anything, list anything, or make any decisions based on that government paper.

      The So What - Should You Sell This Summer?

      If you own a house in Holyrood and you have been thinking about selling, the window is open - but it is not going to stay this wide forever. Here is the honest read.

      • Buyers are still paying over asking price - that is a green light for sellers
      • The HonestDoor Price of $607,574 is your real benchmark, not the city's $540,787
      • The 3-month trend is softening slightly, so waiting is not obviously better than moving now
      • Holyrood ranks 47 out of 285 for price in Edmonton - you are in premium territory
      • Neighbourhood growth is a modest 0.10% year over year - solid, not spectacular

      For condo owners, the calculus is a bit different. Values are dipping slightly and the growth rank is near the bottom of the Edmonton pack. If you are thinking about selling, sooner is likely better than later while you still hold the price advantage over nearby neighbourhoods.

      Bottom line - Holyrood is a strong address in Edmonton. Houses are moving, prices are above assessment, and rental yields are genuinely attractive for investors. Just do not rely on a number the city printed months ago. Pull your HonestDoor Price, know what the market is actually saying, and make your move from a position of real information.

      holyrood | edmonton | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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