Keheewin, Edmonton - July 2026 Real Estate Report

Keheewin Real Estate Check-In: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a home in Keheewin and the last number you checked was your city assessment, you are leaving money on the table. The average assessed value for a house here sits at $474,808 - but the average HonestDoor Price is $496,689. That is a $21,881 gap, and it is growing. The HonestDoor Price is up 1.93% from the previous period. The city's number? Still sitting still.

For condos, the story is even sharper. The average assessed value is $184,826. The average HonestDoor Price is $500,901. That is not a rounding error - that is a 171% difference. If you own a condo in Keheewin and you are basing any financial decision on the assessed value, stop and look at your HonestDoor Price today.

Houses vs. Condos - What We Are Seeing

Let's break down what is actually happening on the ground for us here in Keheewin.

Houses

• Average sale price this month: $472,433 - up 24.3% from last month
• Average list price: $483,267
• Price per square foot: $328
• Homes are selling at 97.52% of list price - buyers are close to full ask, but still negotiating a little
• Average days on market: 23 days
• 3 sales this month
• Predicted market value: $487,930
• Rental yield: 5.66% - that is a strong return if you are thinking about holding
• Estimated monthly rent: $2,458
• Days-on-market rank: 22 out of 103 neighbourhoods - houses here sell faster than most of Edmonton

That 24.3% month-over-month jump in sale price is a head-turner. Three sales is a small sample, so do not read it as a permanent shift - but the direction is clearly up. Houses are moving in under four weeks, which tells us demand is real.

Condos

• Average sale price this month: $169,625 - up 14.0% from last month
• Average list price: $139,750
• Price per square foot: $162
• Condos are selling at 94.58% of list price
• Average days on market: 18 days
• 4 sales this month - up 33.3% from last month
• Predicted market value: $501,433
• Rental yield: 4.14% - moderate but steady
• Estimated monthly rent: $1,748
• Days-on-market rank: 11 out of 108 neighbourhoods - condos here are among the fastest-selling in the city

Condos are flying off the market. A rank of 11 out of 108 means Keheewin condos sell faster than roughly 90% of comparable Edmonton neighbourhoods. If you are a condo owner, that is your leverage. Buyers are showing up and they are not dragging their feet.

The Secret Sauce - Why Your HonestDoor Price Matters Right Now

Here is the honest truth about city assessments: they are snapshots from the past. They are calculated once a year using data that is already months old by the time it lands in your mailbox. The market does not wait for paperwork.

The HonestDoor Price is updated in real time using actual sales, current listing activity, and live market signals. For Keheewin houses, that means a number that is $21,881 higher than what the city says your home is worth. For condo owners, the gap is staggering - the HonestDoor Price is more than double the assessed value.

If you are having a conversation with a buyer, a lender, or even just your own financial planner, you want the number that reflects today - not last January. That is what the HonestDoor Price gives you.

The Neighbourhood Leaderboard

Where does Keheewin rank in Edmonton's pecking order? Here is the honest scorecard:

• House growth rate: ranked 154 out of 302 neighbourhoods - sitting in the below-average tier, but holding steady
• Condo growth rate: ranked 152 out of 296 neighbourhoods - similar story, middle of the pack
• House days-on-market: ranked 22 out of 103 - this is a strong number, properties move fast here
• Condo days-on-market: ranked 11 out of 108 - near the top, condos are among the quickest to sell in Edmonton
• Total condo transactions rank: 23 out of Edmonton neighbourhoods - high activity for condos

Keheewin is not the flashiest name on the leaderboard for price growth, but the speed at which properties sell here is genuinely impressive. Fast-moving inventory is a seller's best friend.

So What - Should You Sell This Summer?

If you are a house owner thinking about listing this summer, the timing is not bad. Prices are up month-over-month, homes are selling in about three weeks, and buyers are paying close to full ask. The market is not on fire, but it is not taking a breather either. You have real momentum on your side.

If you own a condo, the case for selling is even cleaner. Your property is moving faster than almost anywhere else in Edmonton. Four sales last month, up 33% from the month before, with an 18-day average on market. That is a tight window for buyers and a good one for you.

One thing worth noting for both: nearby neighbourhoods like Ermineskin (HonestDoor Price $768,153) and Bearspaw ($742,134) are priced significantly higher. Keheewin offers buyers a more accessible entry point into a south Edmonton address - and that is exactly the kind of value story that attracts motivated buyers.

Bottom line - check your HonestDoor Price before you do anything else. It is the most current read on what your home is actually worth in today's market, not what a government form says it was worth last year. For Keheewin owners right now, that difference is not small.

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.