Kameyosek, Edmonton - August 2026 Real Estate Report

Kameyosek, Edmonton: Your House Is Worth Way More Than the City Thinks

If you have been glancing at your tax assessment and assuming that is what your home is worth, stop right there. The real numbers in Kameyosek tell a very different story - and for most homeowners here, it is a better one.

The Vibe: What Is Actually Happening on Our Streets

Kameyosek is a quiet, established corner of Mill Woods that does not always make headlines - but the data is worth paying attention to. We had 26 house transactions and 12 condo sales recorded in 2026, across a base of 491 assessed properties. That is a real, active market. Here is how houses and condos are each playing out right now.

Houses: Prices Are Climbing, But Buyers Still Have Leverage

If you have been watching the "For Sale" signs in Kameyosek, here is what is actually happening. House sale prices jumped 15.3% from last month, landing at an average of $299,250. That kind of month-over-month move gets your attention. But before sellers get too excited, homes are sitting on the market for an average of 86 days, and buyers are closing at 97.03% of list price - meaning they are negotiating a small discount. That combination tells us prices are rising, but buyers are not in a panic. They have time and a little room to push back.

• Average sale price: $299,250 (up 15.3% from last month)
• Average list price this month: $307,450
• Price per square foot: $292
• Average days on market: 86
• Sale-to-list ratio: 97.03%
• Predicted market value (HonestDoor): $537,390
• 3-month moving average: $531,174
• Estimated monthly rent: $2,264
• Rental yield: 5.78%
• Neighbourhood growth rank: 131 out of 292 - above average in Edmonton

That 5.78% rental yield is genuinely strong. If you are an investor or thinking about holding your property as a rental, Kameyosek houses are pulling their weight. And compared to nearby Lee Ridge where houses sold at $279,000, our average sale price of $299,250 is holding up well.

Condos: Fast Sales, But Values Are Taking a Breather

The condo story here is a split picture. On one hand, condos are selling fast - an average of just 13 days on market, which ranks 7th out of 111 comparable neighbourhoods in Edmonton. That is genuinely quick. On the other hand, the predicted market value has dipped 3.64% recently, sitting at $245,885 against a 3-month moving average of $250,078. The market is taking a breather on condo values right now.

• Average sale price: $258,000
• Average list price this month: $265,000
• Price per square foot: $234
• Average days on market: 13
• Sale-to-list ratio: 97.36%
• Predicted market value (HonestDoor): $245,885
• 3-month moving average: $250,078
• Estimated monthly rent: $1,332
• Rental yield: 4.27%
• Growth rank: 276 out of 302 - bottom tier in Edmonton right now

Condo owners should keep a close eye on that growth rank. Sitting at 276 out of 302 is a signal that values are under pressure compared to the rest of the city. The good news is that our condo prices are still above nearby Lee Ridge ($199,500) and Tawa ($234,167), so we are not at the bottom of the pile on price - just on momentum.

The Secret Sauce: Your HonestDoor Price vs. That City Assessment

Here is the number that should make every Kameyosek homeowner sit up straight. The city's average assessed value for a house here is $332,500. The average HonestDoor Price is $535,821. That is a gap of 61.15%. The city's assessment is a snapshot frozen in time - it does not update in real time, and it does not reflect what a buyer would actually pay you today. The HonestDoor Price pulls from current market activity and recent sales to give you a live read on your home's value.

For condos, the gap is smaller but still real. The average city assessment is $243,206, while the HonestDoor Price sits at $256,098 - up 4.15% from the previous period. That 4.15% increase is a sign that condo values had a recent bump even as the short-term trend softens.

Bottom line: if you are making any financial decision based on your tax assessment alone - whether that is refinancing, selling, or just understanding your net worth - you are working with old information. Check your HonestDoor Price. It is the real-world number.

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

For house sellers, the timing is interesting. Prices are moving up, the predicted value of $537,390 is trending above the 3-month average, and you are sitting in a neighbourhood ranked above average for growth on Edmonton's leaderboard. The catch is those 86 days on market - you need to price sharp from day one. Buyers here are patient. They will wait you out if you overprice.

For condo sellers, this summer calls for a clear-eyed approach. Values have slipped recently and the growth rank is near the bottom of the city. The upside is that condos are moving fast - 13 days on market is a real advantage. If you price at or just below the $265,000 average list price, you have a good shot at a quick sale before the market softens further.

For everyone in Kameyosek, the single best move right now is to pull your HonestDoor Price and compare it to what you paid, what the city assessed, and what your neighbours are listing for. That three-way comparison will tell you everything you need to know before you make a move.

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.