Laurel, Edmonton - July 2026 Real Estate Report

Laurel, Edmonton: Your Neighbour Just Got a Surprise - Here Is What Your Home Is Actually Worth Right Now

The Vibe in Laurel

If you have been watching the "For Sale" signs on your street, here is what is actually happening. Laurel is a tale of two markets right now - houses and condos are moving in very different directions, and knowing which side you are on could mean thousands of dollars in your pocket.

With 142 property transactions recorded in 2026 and 3,954 properties assessed this year, there is real activity here. Laurel ranks 3rd in Edmonton for total transactions. That is not a typo - third in the entire city. People are buying and selling here at a serious pace.

Houses: Prices Are Up, But Read the Fine Print

The headline number looks great. The average house sale price in Laurel hit $603,648 this month - up 19.9% from last month. Before you pop the champagne, that kind of month-over-month jump usually means a small number of higher-priced sales skewed the average, not that every house on the block jumped in value overnight.

• Average sale price: $603,648 (up 19.9% from last month)
• Average list price right now: $637,850
• Price per square foot: $271
• Homes selling at 97.37% of list price - buyers are negotiating small discounts
• 24 homes sold this month, up 4.3%
• Average days on market: 58 days
• Predicted market value: $561,951
• Rental yield: 5.52% - that is a strong return for investors
• Estimated rent: $2,750 per month

The 58-day average on market is worth noting. That is not a fast-moving frenzy. Buyers have time to think, and sellers need to price sharp. The days-on-market rank sits at 55 out of 103 Edmonton neighbourhoods - right in the middle of the pack. On the neighbourhood growth leaderboard, houses rank 219 out of 302. That puts us in the below-average tier for growth right now. The market is not stalling, but it is taking a breather on the appreciation side.

Condos: Fast Sales, But a Quiet Month

The condo picture is smaller in volume but interesting. Only 1 condo sold this month - down 50% from last month - so treat the $192,500 average sale price with caution. One sale does not make a trend. What is encouraging is that condos in Laurel are selling fast when they do hit the market.

• Average sale price: $192,500 (note: based on 1 sale this month)
• Average list price right now: $199,000
• Price per square foot: $237
• Properties selling at 96.73% of list price
• Average days on market: 22 days - very fast
• Predicted market value: $315,952 (up from 3-month average of $310,526)
• Estimated rent: $1,684 per month
• Rental yield: 4.16%

On the neighbourhood leaderboard, Laurel condos rank 86 out of 296 Edmonton neighbourhoods for growth - that is above average. The days-on-market rank is 15 out of 108, meaning condos here sell faster than almost everyone else in the city. When a condo lists in Laurel, it does not sit around.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your city assessment. It is 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.

For houses in Laurel, the average city assessment sits at $572,853. The average HonestDoor Price is $569,064 - a real-world check that updates in real time and sits 0.66% below the assessed value. That gap matters if you are making a financial decision based on what your home is actually worth today, not what a government snapshot said it was worth last year.

For condos, the story flips. The average city assessment is $322,125, but the average HonestDoor Price is $332,481 - that is 3.21% higher than the assessed value, and it has climbed 5.23% from the previous period. If you own a condo in Laurel and you are only looking at your tax assessment, you are likely underselling yourself.

The HonestDoor Price is the number we use when we want the real answer - not the bureaucratic one.

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

If you own a house in Laurel and you are thinking about listing this summer, here is the honest read. Demand is real - we rank 3rd in Edmonton for transactions. But with 58 days on market and homes selling just under list price, buyers are not in a panic. Price it right from day one. Overpricing will cost you time, and time costs money.

The predicted market value for houses sits at $561,951, which is slightly below the 3-month moving average of $565,415. Values have dipped 0.84% recently. That is not a crisis, but it does mean the window of peak pricing may be tightening. If selling is on your radar, sooner is likely better than later.

For condo owners, the momentum is actually building. The predicted value of $315,952 is trending up from the 3-month average, and when condos list here, they move fast. A well-priced condo in Laurel this summer could be under contract in under a month.

One more thing worth knowing - Laurel sits above nearby neighbourhoods like Daly Grove, Silver Berry, and Crawford Plains on price for condos, and those neighbours are growing slower. We are not the cheapest option on the block, and that is actually a good sign for long-term value.

Bottom line: check your HonestDoor Price before you do anything else. It is the fastest way to know where you actually stand - no waiting, no guessing.

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.