Holyrood, Edmonton - September 2026 Real Estate Report

Holyrood, Edmonton: Your Home Is Worth More Than the City Thinks - But the Market Is Taking a Breather

The Vibe Right Now

If you've been watching the "For Sale" signs in Holyrood lately, here's what's actually happening. The city says your house is worth around $540,787. The HonestDoor Price says $607,574. That's a $66,787 gap - and that gap matters a lot if you're thinking about selling, refinancing, or just figuring out where you stand.

The catch? That HonestDoor Price has dipped 3.04% from the previous period. The market isn't crashing - it's just cooling off a little. Here's what that looks like for houses and condos separately.

Houses: Still Expensive, But Buyers Have Some Leverage

Houses in Holyrood are sitting in a buyers' market right now. Four properties sold this month, spending an average of 37 days on the market before finding a buyer. Sellers got 99.20% of their list price - so buyers are shaving a little off, but not a lot.

• Average sale price: $455,000
• Price per square foot: $403
• HonestDoor predicted value: $626,655
• 3-month moving average: $628,893 (values are trending down slightly)
• Estimated monthly rent: $2,909
• Rental yield: 5.48% - that's a strong return for landlords
• Recent value change: -1.16%
• Days-on-market rank: 36 out of 112 - properties here sell faster than most of Edmonton
• Price rank: 49 out of 285 - we're among the priciest neighbourhoods in the city

On the neighbourhood leaderboard, Holyrood houses rank 234 out of 291 for growth. That puts us near the bottom of Edmonton's growth rankings right now. It's not a red flag on its own - but it's worth knowing if you're comparing us to other parts of the city.

How do we stack up against the neighbours? Strathearn houses average $679,077 - more expensive than us and growing slower. Idylwylde sits at $505,283 and Ottewell at $482,427 - both cheaper, both growing slower. So Holyrood is holding its own in terms of value, even if the growth pace is modest.

Condos: Pricier Than You'd Expect, With Moderate Returns

Holyrood condos are an interesting story. The average HonestDoor Price is $377,698 - and compared to nearby neighbourhoods, that's significantly higher. Strathearn condos average $233,256. Idylwylde comes in at $206,121. Ottewell is all the way down at $77,492. Holyrood condos are in a different league on price.

• HonestDoor Price: $377,698 (down 2.75% from last period)
• Predicted market value: $388,393
• 3-month moving average: $390,974 (also trending down slightly)
• Estimated monthly rent: $2,024
• Rental yield: 4.04% - moderate, but still positive
• Airbnb estimate: $98 per night
• Recent value change: -1.90%
• Growth rank: 186 out of 302 - below average for Edmonton condos

The condo side is taking a slightly bigger dip than houses right now. If you own a condo here, the rental income story is still decent - $2,024 a month in estimated rent is nothing to dismiss. But the growth rank tells us this isn't the hottest segment in the city at the moment.

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's already old by the time it lands in your mailbox. The average assessed value in Holyrood is $540,787. The HonestDoor Price is $607,574. That's a 12.35% difference - real money that your assessment is simply not capturing.

HonestDoor pulls from real-world transaction data and updates in real time. It's not a government formula running on last year's numbers. If you're using your tax assessment to make any financial decision - whether that's a home equity line, an insurance review, or pricing a listing - you're working with a number that's already behind the curve.

With 1,068 properties assessed in Holyrood and 50 transactions recorded in 2026, there's enough real activity here to make the HonestDoor Price a genuinely useful benchmark. Check yours at HonestDoor before you do anything else.

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

Straight talk: this is not a panic moment, but it's not a "wait and see" moment either.

Values are dipping slightly. The 3-month moving average for houses is $628,893 and trending down. The recent change is -1.16% for houses and -1.90% for condos. If you've been sitting on the fence about selling, the market is not getting more generous in the short term.

The good news? Holyrood houses still rank 49 out of 285 on price across Edmonton. We're expensive relative to most of the city. Buyers who want this neighbourhood know they're paying for it. And with properties selling in an average of 37 days - ranking 36 out of 112 for speed - well-priced homes are still moving.

If you're selling this summer, the playbook is simple. Price it right from day one. The days-on-market number tells you buyers are active, but the 99.20% sale-to-list ratio tells you they're not overpaying. Come in too high and you'll sit. Come in sharp and you'll sell.

The rental angle is also worth a mention. At $2,909 estimated monthly rent and a 5.48% yield, anyone who decides to hold rather than sell has a real income story to lean on. That's not a bad backup plan while you watch the market.

Bottom line: Holyrood is still a strong address in Edmonton. The market is taking a breather, not falling apart. Know your real number - check your HonestDoor Price today.

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.