Jasper Park, Edmonton - September 2026 Real Estate Report

Jasper Park, Edmonton: Your Neighbour Just Got a Better Offer Than You Think

If you own a home in Jasper Park and you're still going off your city assessment, you're leaving money on the table. Here's the real picture of what's happening on our streets right now.

The HonestDoor Price vs. Your Assessment - The Gap That Matters

The city says the average Jasper Park property is worth one thing. The market says something different. For houses, the average HonestDoor Price sits at $443,662 - that's $19,018 higher than the average city assessment of $424,644. That gap is real money. The city's number is a snapshot from the past. The HonestDoor Price is updated in real time, based on what buyers are actually paying right now.

Yes, the HonestDoor Price has dipped 2.26% from the previous period. The market is taking a breather. But it's still running ahead of the city's assessment by 4.48%. That matters when you're deciding whether to sell, refinance, or just figure out where you stand.

The Vibe: Houses vs. Condos in Jasper Park

Houses - We're Holding Solid Ground

The house market here is interesting. The average sale price came in at $1,046,667, with a price per square foot of around $1,459. Only 3 houses sold last month - down 25% from the month before - and they sat on the market for an average of 47 days. Buyers paid 92.19% of the list price on average, which tells us this is a buyers' market right now. Sellers are negotiating.

• Average HonestDoor Price (Houses): $443,662
• Predicted Market Value: $453,938
• Average Sale Price: $1,046,667
• Price Per Square Foot: $1,459
• Average Days on Market: 47
• Sale-to-List Ratio: 92.19%
• Estimated Monthly Rent: $2,282
• Rental Yield: 5.73%
• Properties Sold Last Month: 3

On the neighbourhood leaderboard, Jasper Park houses rank 144 out of 291 for growth - right in the above-average tier for Edmonton. For days on market, we rank 45 out of 112, meaning our houses move moderately fast compared to the rest of the city. On price, we sit at 71 out of 285 - solidly above average. That's a decent position to be in.

The predicted market value of $453,938 is creeping up past the 3-month moving average of $453,803. Small move, but it's moving in the right direction. And a rental yield of 5.73% is genuinely strong - if you're an investor eyeing Jasper Park, that number is worth paying attention to.

Condos - Taking a Harder Breather

The condo story is a different one, and we should be straight about it. The average HonestDoor Price for condos is $136,578 - and that's actually 19.52% below the average city assessment of $169,712. That's the number that should make condo owners sit up. Your tax assessment may be overstating what the market will actually pay right now.

• Average HonestDoor Price (Condos): $136,578
• Average Assessed Value: $169,712
• Predicted Market Value: $139,670
• Average Sale Price: $435,000
• Price Per Square Foot: $518
• Average Days on Market: 99
• Sale-to-List Ratio: 96.69%
• Estimated Monthly Rent: $762
• Rental Yield: 4.33%
• Properties Sold Last Month: 1

One condo sold last month. It sat on the market for 99 days. That's slow - though still faster than nearby Sherwood at 104 days, which is a small win. The predicted market value of $139,670 is sliding below the 3-month moving average of $143,148, and the recent value change is -3.73%. On the neighbourhood leaderboard, Jasper Park condos rank 232 out of 302 for growth. That puts us in below-average territory for Edmonton right now.

The rental yield of 4.33% is moderate - not bad, but not a slam dunk either. If you're holding a condo here as an investment, the numbers are worth a fresh look.

The Secret Sauce: Why You Should Check Your HonestDoor Price Today

Here's the thing about city assessments - they're built on old data. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price pulls from real, current transaction data and updates continuously. It's the difference between a weather forecast from this morning versus one from six months ago.

For Jasper Park house owners, the HonestDoor Price is running $19,018 ahead of the city assessment. That's not a rounding error - that's a real gap that affects what you should be listing at, what you should be insuring for, and what you should be expecting if a buyer knocks on your door.

For condo owners, the gap runs the other way. The city assessment is $33,134 higher than what the HonestDoor Price suggests the market will bear. If you're pricing based on your assessment, you may be setting yourself up for a long wait and a price cut down the road.

Check your HonestDoor Price at HonestDoor.com. It takes about 30 seconds and it's free. It's the real-world check that your assessment simply cannot give you.

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

If you own a house in Jasper Park and you're thinking about listing this summer, here's the honest take. The market is a buyers' market right now - that 92.19% sale-to-list ratio tells you buyers are negotiating and getting somewhere. Homes are sitting for 47 days on average. That means pricing sharp from day one matters more than ever. Overpricing and then chipping away at your number is a losing strategy in this environment.

The good news is that Jasper Park houses are priced above average for Edmonton, and the predicted value is ticking upward. We rank well on price and move reasonably fast. If you price it right and present it well, there's a real transaction to be had.

For condo owners thinking about selling - be patient or be aggressive on price. One sale per month and 99 days on market means competition for buyers is real. Meadowlark Park condos are averaging a HonestDoor Price of $234,879, which is significantly higher than our $136,578. Buyers who want a condo in this pocket of Edmonton have options. Your price needs to be the reason they pick yours.

Bottom line - Jasper Park is a stable, established neighbourhood with real value. But right now, the market rewards sellers who know their actual numbers, not the ones on a government form. Pull your HonestDoor Price, compare it to what's selling nearby, and make your move with clear eyes.

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.