Mactaggart, Edmonton - October 2026 Real Estate Report
Mactaggart Real Talk: Your Home Is Worth More Than the City Thinks - Or Is It?
If you live in Mactaggart and you have been glancing at your latest city assessment, here is the honest version of what is actually going on with prices in our corner of southwest Edmonton right now.
The Vibe: What the Numbers Are Actually Telling Us
Houses
We are sitting in one of Edmonton's pricier pockets. The average house sale price hit $1,030,000 last month - up 30.3% from the month before. That sounds like a rocket ship, but pump the brakes a little. Only 3 houses sold, which is down 40% from the prior month. Small sample sizes can swing averages hard, so take that jump with a grain of salt.
The more telling stat? Homes are sitting on the market for an average of 57 days. That is not a frenzy. It is a measured pace. The good news is we are still moving faster than nearby South Terwillegar, where buyers are waiting 63 days on average. Demand here is real, just not frantic.
- Average sale price: $1,030,000
- Price per square foot: $645
- Sale-to-list ratio: 97.14% - buyers are negotiating, not just accepting asking price
- Days on market: 57
- Properties sold this period: 3
- Growth rank: 95 out of 285 Edmonton neighbourhoods - above average
- Price rank: 18 out of 285 - among the most expensive in the city
Buyers are getting a slight discount off list price, and the predicted market value of $962,321 is actually dipping below the 3-month moving average of $974,123. The market is taking a breather on houses. Not crashing - just catching its breath.
Condos
The condo story in Mactaggart is a bit different. Three condos sold last month - up 50% from the month before - at an average of $298,333. Prices are up 10% month over month, which is encouraging. But condos here are sitting for 87 days on average, compared to 63 days in South Terwillegar. That gap matters if you are a seller.
Buyers are paying only 92.91% of list price on condos. That means if you list at $300,000, expect to close closer to $279,000. Price your condo right from day one - overpricing here will cost you weeks and dollars.
- Average sale price: $298,333
- Price per square foot: $293
- Sale-to-list ratio: 92.91% - real negotiating room for buyers
- Days on market: 87
- Properties sold this period: 3
- Growth rank: 209 out of 297 Edmonton neighbourhoods - below average
- Price rank: 70 out of 218 - above average in price
The predicted market value for condos sits at $287,787, down from a 3-month moving average of $291,545. The condo segment here is cooling. Not collapsing, but the trend line is pointing down for now.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your city assessment. It is a snapshot from months ago, built on a formula that does not know what happened on your street last Tuesday. The average assessed value for a Mactaggart house is $1,006,702. Sounds great. But the average HonestDoor Price - which updates in real time using actual market activity - comes in at $962,145. That is a 4.43% gap.
For condos, the gap is even wider. The city says the average condo is worth $319,114. The HonestDoor Price says $289,608. That is a 9.25% difference. If you are making a financial decision - refinancing, selling, buying out a partner - using the city number could lead you to a very wrong conclusion.
The HonestDoor Price is your real-world check. It is what the market is actually doing, not what a government formula calculated six months ago. With 646 houses and 595 condos assessed this year across Mactaggart, there is plenty of data to work with. Use the number that reflects today, not last year.
The So What: Thinking About Selling This Summer?
If you own a house in Mactaggart and you are thinking about listing this summer, here is the straight talk.
You are in one of Edmonton's top 18 most expensive neighbourhoods for houses. That is a real advantage. Buyers who can afford Mactaggart are serious buyers. But with homes sitting 57 days on average and a sale-to-list ratio under 100%, you need to price sharp from the start. The days of listing high and waiting for a bidding war are not the current reality here.
Nearby, Magrath Heights is cheaper at an average HonestDoor Price of $914,500 and growing slower. South Terwillegar is cheaper at $520,286. Mactaggart is the premium option in this pocket of the city - lean into that positioning, but do not let it make you lazy on pricing.
If you own a condo and want to sell this summer, move with urgency. The 87-day average is a warning sign. Condos sitting that long tend to get stale and attract lowball offers. A well-priced listing - think at or just below the HonestDoor Price of $289,608 - will move faster and net you more than an overpriced one that lingers into fall.
Rental investors, take note. Houses here are pulling $3,999 per month in estimated rent with a 4.84% yield. That is a solid return for a property in this price range. Condos come in at $1,504 per month with a 4.19% yield - moderate, but steady.
Bottom line: Mactaggart is still one of Edmonton's stronger neighbourhoods. The house market is premium-priced and above average in growth. The condo market needs a sharper strategy. Either way, check your HonestDoor Price before you make any moves - it is the number that actually reflects what is happening right now.
mactaggart | 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.