Jasper Park, Edmonton - July 2026 Real Estate Report

Jasper Park Real Estate Update: Your House Is Worth More Than the City Thinks

If you own a home in Jasper Park and you have not checked your HonestDoor Price lately, now is the time. The city's assessment is sitting at an average of $424,644 for houses - but the real-world number is closer to $453,370. That is a $28,726 gap, and it matters if you are thinking about selling, refinancing, or just want to know where you actually stand.

The Vibe: Houses vs. Condos in Jasper Park

These two markets are telling very different stories right now, and we need to talk about both.

Houses - Fast, Competitive, and Taking a Breather

If you have been watching the "For Sale" signs in Jasper Park, here is what is actually happening with houses. Buyers are still showing up - properties are selling in an average of 14 days, which ranks 13th out of 103 Edmonton neighbourhoods for speed. That is seriously fast. We are in the top tier for days-on-market across the entire city.

• Average sale price: $384,000 - down 2.2% from last month
• Average list price this month: $350,000
• Price per square foot: $453
• Sale-to-list ratio: 101.71% - buyers are still paying above asking
• Properties sold in 2026: 28 transactions across 487 assessed properties
• Average days on market: 14
• Predicted market value: $454,100 - up from the 3-month average of $449,407
• Rental yield: 5.73% - strong returns for investors
• Estimated monthly rent: $2,285
• Neighbourhood growth rank: 134 out of 302 Edmonton neighbourhoods - above average

The sale price dipped this month, but buyers are still paying over list. That combination tells us the market is cooling slightly but demand has not disappeared. The predicted value is actually climbing past the 3-month average, which is a good sign for where things are headed.

Condos - A Buyers' Market, Full Stop

We will be straight with you on condos. This segment is slow. One sale last month, 204 average days on market, and buyers are paying about 92.5 cents on the dollar. That is a buyers' market, and the data backs it up.

• Average sale price: $74,000
• Average list price this month: $80,000
• Price per square foot: $109
• Sale-to-list ratio: 92.50% - buyers are negotiating discounts
• Properties sold in 2026: 26 transactions across 139 assessed properties
• Average days on market: 204
• HonestDoor Price: $145,089 - up 0.28% recently
• Estimated monthly rent: $789
• Rental yield: 4.33% - moderate returns
• Days-on-market rank: 99 out of 108 Edmonton neighbourhoods - very slow

One thing worth noting - the city's assessed value for condos here is $169,712, but the HonestDoor Price is $145,089. That is a case where the assessment is actually running higher than the real-world market. If you own a condo in Jasper Park, that gap is worth understanding before you make any moves.

The Secret Sauce: Why Your HonestDoor Price Beats the City's Assessment Right Now

Here is the thing about government assessments - they are a snapshot from the past. The city looks at sale data from a prior period, runs its numbers, and mails you a piece of paper. By the time it reaches your door, the market has already moved.

The HonestDoor Price updates in real time. For Jasper Park houses, that means the number you see today - $453,370 - reflects what is actually happening in the neighbourhood right now, not what happened 12 months ago. It is sitting 6.76% above the city's average assessed value. That gap is your starting point for any real conversation about what your home is worth.

Think of the city assessment as the floor. The HonestDoor Price is the real-world check that tells you where the ceiling actually is.

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

For house owners, the window is still open - but it is not as wide as it was. Here is the honest breakdown:

• Buyers are still paying above list price, which means pricing strategy matters more than ever right now
• Homes are moving in 14 days on average - if yours sits longer, something is off with the price or the presentation
• The predicted value of $454,100 is trending up from the 3-month average, so the fundamentals are not broken
• Jasper Park ranks 230 out of 285 on price - meaning we are one of the more affordable options in Edmonton, which is a selling point for buyers priced out of Sherwood ($499,416) or Lynnwood ($490,311)
• Year-over-year growth is 0.06% - modest, but positive

For condo owners thinking about selling this summer - patience is the word. With 204 average days on market and buyers negotiating below list, rushing a sale right now likely means leaving money on the table. If you do need to sell, pricing sharp from day one is not optional, it is the strategy.

Bottom line for Jasper Park: houses are holding their ground and moving fast, condos need a longer runway. Either way, check your HonestDoor Price before you do anything else - it is the most current number you have got.

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.