Lansdowne, Edmonton - October 2026 Real Estate Report
Lansdowne, Edmonton: Your House Is Worth More Than the City Thinks
If you own a home in Lansdowne and you have not checked your HonestDoor Price lately, now is the time. The city's assessment says your home is worth around $784,203. The real-world number is closer to $830,887. That is a $46,000 gap - and it matters more than most people realize.
The Vibe: What Is Actually Happening in Our Neighbourhood
Lansdowne is a high-value pocket of Edmonton. We sit at price rank 15 out of 285 neighbourhoods - that puts us in the top 5% for home prices in the entire city. But the market is sending mixed signals right now, and it pays to read them carefully.
Here is the honest breakdown for houses versus condos.
Houses: Fast-Selling, But Prices Are Taking a Breather
The headline number looks alarming - average sale prices dropped 17.4% from last month to $975,000. Before you panic, context matters: only 1 home sold. One sale does not make a trend. What is more telling is that the buyer paid 102.63% of the list price. That means even in a softening moment, buyers in Lansdowne are still competing and going over asking.
- Average sale price: $975,000
- Average list price: $950,000
- Sale-to-list ratio: 102.63% - buyers paid above asking
- Average days on market: 12 days
- Days-on-market rank: 11 out of 116 - one of the fastest-selling neighbourhoods in Edmonton
- Price per square foot: $498
- Predicted market value: $808,996
- 3-month moving average: $821,094 - values are easing slightly
- Rental yield: 5.06% - strong returns for landlords
- Estimated monthly rent: $3,635
The predicted value of $808,996 is drifting below the 3-month average of $821,094. That is a signal the market is taking a breather - not crashing, just cooling. Our growth rank of 201 out of 285 puts us below average on momentum right now. Nearby Aspen Gardens, for example, is cheaper at an HonestDoor Price of $815,340 but growing slightly faster at 0.09% year over year. Brookside is in a different league entirely at $1,583,318, but growing slower at 0.03%.
Condos: A Niche Market Worth Watching
Condos in Lansdowne are a very different story. The average HonestDoor Price sits at $77,360 - well below comparable units in every nearby neighbourhood. Aspen Gardens condos average $157,529. Brookside comes in at $150,514. Malmo Plains hits $218,633. Our condos are priced significantly lower than the competition on all sides.
- Average HonestDoor Price: $77,360
- Predicted market value: $77,355
- 3-month moving average: $79,509 - a slight downward drift
- Estimated monthly rent: $426
- Rental yield: 4.35% - moderate but steady
- Recent value change: -0.81%
- Growth rank: 165 out of 297 - below average
Condo values here have slipped 0.81% recently and sit below the 3-month average. If you own a condo in Lansdowne, this is not a panic moment - but it is a good time to know exactly where you stand.
The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters
Edmonton's assessed value is a snapshot frozen in time. It is calculated once a year using data that is already months old by the time it lands in your mailbox. The city says the average Lansdowne home is worth $784,203. The HonestDoor Price says $830,887 - and that number updates in real time using actual market activity.
That 5.95% gap between the assessment and the HonestDoor Price is not a rounding error. On a home in this price range, it represents roughly $46,000 in value that the city's number is simply not capturing. If you are making any financial decision - refinancing, selling, or just benchmarking your net worth - using the assessed value alone is leaving money on the table.
The HonestDoor Price for Lansdowne houses has also increased 2.71% from the previous period. That is quiet, steady appreciation happening in the background even while monthly sale prices fluctuate.
The 'So What?': Thinking About Selling This Summer?
Here is the straight talk for anyone considering listing in Lansdowne this summer.
- The neighbourhood leaderboard puts us at growth rank 201 out of 285 - below average momentum right now. That is the honest truth.
- But our days-on-market rank is 11 out of 116. When a home is priced right here, it moves fast - 12 days on average.
- Buyers are still paying over asking. A 102.63% sale-to-list ratio tells you demand has not disappeared.
- With 342 properties assessed and only 15 transactions recorded in 2026 so far, inventory is tight. Low supply keeps prices from falling hard.
- The rental market is strong. At $3,703 per month average rent and a 5.06% yield on houses, Lansdowne is a legitimate option for buyers who want income potential - and that expands your buyer pool.
The window is open, but it is not wide open. If you are thinking about selling, the combination of fast days on market and above-asking sales suggests summer could still work in your favour - as long as you price based on the HonestDoor Price, not the city's assessment. Listing at $784,000 when the real-world value is closer to $831,000 is a costly mistake you do not have to make.
Check your HonestDoor Price at HonestDoor.com before you make any move. It is free, it is current, and it is the number your neighbours are already looking at.
lansdowne | edmonton | october 2026This 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.