Mactaggart, Edmonton - September 2026 Real Estate Report

Mactaggart Real Talk: Your Home Is Worth More Than You Think - But the Market Is Shifting

The Vibe Right Now

If you have been watching the "For Sale" signs in Mactaggart, here is what is actually happening. This is one of Edmonton's pricier pockets - houses rank 20th out of 285 neighbourhoods on price, and condos sit above average too. But the market is taking a breather. Prices are dipping, days on market are ticking up for condos, and the gap between what sellers want and what buyers pay is widening. That does not mean panic. It means you need to be sharp right now.

Houses: Still Expensive, But Cooling Off

Mactaggart houses are not cheap. The average predicted market value sits at $975,698, and price per square foot runs around $461. Compare that to nearby South Terwillegar or Magrath Heights and Mactaggart still commands a serious premium. But here is the honest part - the average sale price dropped 19.1% from last month, landing at $905,125. Buyers are paying about 99.25% of list price, which sounds close, but sellers are already pricing down to get there.

• Average predicted market value: $975,698
• Average sale price this period: $905,125 - down 19.1% from last month
• Average listing price: $799,000
• Price per square foot: $461
• Average days on market: 31 days
• Properties sold this period: 4 - up 33.3% from last month
• Estimated monthly rent: $4,033
• Rental yield: 4.82%
• Growth rank: 217 out of 291 neighbourhoods in Edmonton

The silver lining? Houses here sell in 31 days on average. South Terwillegar takes 46 days. So while prices are softening, Mactaggart houses still move faster than the neighbours. That matters if you are thinking about listing.

Condos: Sitting Longer, Selling Below Ask

The condo picture is a different story. Two condos sold this period - down 33.3% from last month - and they sat on the market for an average of 185 days. That is a long time. Buyers paid only 92.22% of list price, meaning sellers are taking real haircuts to close deals. The days-on-market rank is 104 out of 112 in Edmonton. That puts Mactaggart condos among the slowest-selling in the city right now.

• Average predicted market value: $292,622
• Average sale price this period: $271,250 - down 6.2% from last month
• Average listing price: $225,000
• Price per square foot: $261
• Average days on market: 185 days
• Properties sold this period: 2
• Estimated monthly rent: $1,522
• Rental yield: 4.17%
• Growth rank: 140 out of 302 neighbourhoods in Edmonton

On the bright side, Mactaggart condos still edge out South Terwillegar on price ($271,250 vs $269,700) and the growth rank of 140 out of 302 puts condos in the above-average half of Edmonton. But if you own a condo here and are thinking about selling, the data is telling you to price it right from day one. Overpricing right now means sitting for months.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here is something most Mactaggart homeowners do not realize. The city's assessed value for houses here averages $1,006,702. But the HonestDoor Price - which pulls from real-time sales data, not a once-a-year government snapshot - puts the average at $962,321. That is a gap of about $44,000. For condos, the gap is even wider. The city assesses them at $319,114 on average, while the HonestDoor Price comes in at $287,787 - nearly 10% lower.

Why does this matter to your wallet? Because your property tax bill is based on that government assessment. If the city thinks your home is worth more than the market actually says it is, you could be overpaying. The HonestDoor Price is the real-world check - updated regularly, based on what homes are actually selling for right now, not what a formula decided last January. If your assessed value looks high compared to your HonestDoor Price, it might be worth looking into a formal assessment review.

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

Straight talk: if you own a house in Mactaggart and are thinking about selling this summer, you are not in a bad spot - but you need to be realistic. The market is not on fire the way it was. Prices have dipped, and buyers know it. The good news is that houses here still sell faster than most nearby neighbourhoods, and Mactaggart sits in the top 20 most expensive areas in Edmonton. Demand is still there - it is just pickier now.

For condo owners, summer is going to take patience. With 185-day average sit times and buyers paying well below ask, the strategy has to be sharp pricing from the start. A condo listed too high in this market will just collect dust while buyers shop elsewhere.

For both house and condo owners, the move right now is to check your HonestDoor Price before you do anything else. It gives you a current, honest read on where the market actually sits - not where it was six months ago. Use that number to set expectations, have a real conversation with your agent, and decide if this summer makes sense for you.

• Mactaggart neighbourhood growth: 0.06% year over year
• Total house transactions in 2026: 25
• Total condo transactions in 2026: 26
• Houses assessed this year: 646 properties
• Condos assessed this year: 595 properties
• Average Airbnb estimate - houses: $198 per night
• Average Airbnb estimate - condos: $75 per night

Bottom line: Mactaggart is still one of Edmonton's premium addresses. But premium does not mean immune to market shifts. Know your real numbers, price smart, and move with the market - not against it.

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.