Kinglet Gardens, Edmonton - October 2026 Real Estate Report
Kinglet Gardens, Edmonton: Your Home Is Worth More Than the City Thinks
The Vibe Right Now
If you've been watching the "For Sale" signs in Kinglet Gardens lately, here's what's actually happening. The market is moving, and the numbers tell an interesting story for anyone who owns a home here.
On the house side, the average sale price hit $603,300 this period - that's up 22.2% from last month. Yes, really. Only 3 homes sold, but they sold at 98.93% of list price, meaning buyers are coming in close to asking. Properties are sitting on the market for an average of 114 days, so we're not in a bidding-war frenzy. But when a deal gets done, it gets done near full price. That's a market that rewards patient sellers who price right.
Listings are currently averaging $515,500, which sits below recent sale prices. That gap is worth paying attention to. It suggests that homes priced well are closing above the current listing average. For us as homeowners, that's a signal worth tracking.
- Average sale price (Houses): $603,300 - up 22.2% from last month
- Average list price this month: $515,500
- Sale-to-list ratio: 98.93% - buyers are paying close to asking
- Average days on market: 114 days
- Price per square foot: $369
- Properties sold this period: 3 - up 50% from last month
The Secret Sauce - Your HonestDoor Price vs. That City Assessment
Here's the thing about your city assessment. It's a snapshot taken months ago, using data that's even older. It doesn't know what sold on your street last week. It doesn't adjust for what buyers are actually paying right now.
The average assessed value in Kinglet Gardens sits at $560,029. The average HonestDoor Price is $566,515 - already 1.16% higher than what the city says your home is worth. And it's still moving up, with a 0.69% increase from the previous period.
The HonestDoor Price is a real-world check. It pulls in current transaction data, recent sales, and live market signals to give you a number that reflects today - not last year. If you're making any financial decision based on your tax assessment alone, you're working with a stale number. Check your HonestDoor Price first.
- Average city assessment: $560,029
- Average HonestDoor Price: $566,515
- HonestDoor Price growth (recent): +0.69%
- HonestDoor Price vs. city assessment: +1.16% higher
- 716 properties assessed in the neighbourhood this year
The Neighbourhood Leaderboard
Kinglet Gardens ranks 80 out of 285 Edmonton neighbourhoods for growth. That puts us in the top 28% of the city. Not leading the pack, but solidly above average. For a neighbourhood with 716 assessed properties and 32 transactions in 2026, that's a healthy position.
How do we stack up against the neighbours? Hawks Ridge next door is priced a bit higher at $596,986 average HonestDoor Price, but growing slower at 0.10% versus our 0.20%. Trumpeter Area comes in cheaper at $555,043 and is also growing slower at 0.08%. Rural West Big Lake is in a different price tier entirely at $917,944, but growth data there isn't available.
The short version: Kinglet Gardens is the sweet spot in this pocket of northwest Edmonton. Better growth than the immediate competition, and priced in a range that still attracts real buyers.
- Kinglet Gardens growth rank: 80 out of 285 Edmonton neighbourhoods - top 28%
- Hawks Ridge: HD Price $596,986, growth 0.10% - pricier, slower growth
- Trumpeter Area: HD Price $555,043, growth 0.08% - cheaper, slower growth
- Rural West Big Lake: HD Price $917,944 - much higher price tier
- Total transaction rank in Edmonton: 72 out of all neighbourhoods
The "So What?" - Thinking About Selling This Summer?
Here's the honest take. If you're thinking about listing this summer, the conditions are better than they look on the surface.
Yes, days on market are long at 114 days - that ranks 94 out of 116 neighbourhoods for speed, which means Kinglet Gardens is not a quick-flip market. Buyers here take their time. But when they commit, they pay close to asking. That means your strategy is simple: price it right from day one and don't chase the market down.
The predicted market value for houses sits at $562,622, slightly below the 3-month moving average of $566,877. Values have dipped 1.00% recently. The market is taking a breather, not falling apart. With only 3 sales this period, one or two more transactions could shift the average meaningfully.
The rental picture also gives sellers a backup option worth knowing. Average rental estimate is $2,718 per month, with a rental yield of 5.54% for houses. If summer selling doesn't go as planned, this neighbourhood supports holding and renting without bleeding cash.
Bottom line for Kinglet Gardens homeowners: your HonestDoor Price is ahead of the city's number, your neighbourhood is outgrowing most of its immediate competition, and buyers who do show up are serious. Price smart, be patient, and you're in a good spot.
- Predicted market value (Houses): $562,622
- 3-month moving average: $566,877
- Recent value change: -1.00% - a breather, not a crash
- Average rental estimate: $2,718 per month
- Rental yield: 5.54% - strong if you hold instead of sell
- Airbnb estimate: $135 per night ($134 monthly income estimate)
- Neighbourhood growth year over year: 0.20%
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.