Marquis, Edmonton - July 2026 Real Estate Report

Marquis, Edmonton: Your House Is Worth More Than the City Thinks

If you own a home in Marquis and you have not checked your HonestDoor Price lately, now is the time. The city's assessment says your home is worth one thing. The real market is saying something different - and the gap is in your favour.

The Vibe: What Is Actually Happening in Marquis Right Now

Marquis is a smaller, quieter corner of Edmonton's northeast, but the numbers are moving. We have 366 assessed properties here, and 22 transactions closed in 2026. That is not a flood of activity, but it is steady - and steady in a neighbourhood this size means real demand.

Here is the split between houses and condos, because they are telling two very different stories right now.

Houses: Holding Strong and Climbing

If you have been watching the "For Sale" signs in Marquis, here is what is actually happening on the house side.

• Average sale price: $600,000 - essentially flat from last month
• Price per square foot: $316
• Predicted market value: $504,750
• 3-month moving average: $494,397 - and the trend is heading up
• Recent value change: up 1.62%
• Estimated monthly rent: $2,457
• Rental yield: 5.63% - that is a strong return by Edmonton standards
• Growth rank: 68 out of 302 Edmonton neighbourhoods
• Price rank: 84 out of 285 Edmonton neighbourhoods

That growth rank is the one to pay attention to. Out of 302 comparable Edmonton neighbourhoods, Marquis houses land in the top quarter for value growth. That is not a fluke - that is a neighbourhood leaderboard stat worth knowing when you are deciding whether to list this summer.

The rental yield of 5.63% also stands out. For investors or homeowners thinking about renting before selling, that number signals strong rental returns - not just "it covers the mortgage" territory.

Condos: A Breather After a Big Run

The condo picture in Marquis is taking a breather right now, and we should be honest about that.

• Average HonestDoor Price: $913,750 - up 14.27% from the previous period
• Predicted market value: $799,650
• 3-month moving average: $852,733 - and the trend is currently dipping below that
• Recent value change: down 10.96%
• Estimated monthly rent: $3,662
• Rental yield: 3.25% - moderate, not spectacular
• Airbnb estimate: $199 per night - ranked 26th in all of Edmonton
• Growth rank: 284 out of 296 Edmonton neighbourhoods

That 14.27% jump in HonestDoor Price is real - but the recent 10.96% dip in predicted value tells us the condo market here is recalibrating after a strong run. The growth rank of 284 out of 296 puts condos near the bottom of the Edmonton leaderboard right now. If you own a condo in Marquis, this is not a panic moment - but it is not the moment to wait around either.

One bright spot: that Airbnb rank of 26 in Edmonton is genuinely impressive. Short-term rental potential here is well above average for the city.

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

Here is the thing about your city assessment. It is a snapshot taken months ago, based on data that is already old by the time it lands in your mailbox. It does not know what sold on your street last month. It does not adjust for what buyers are actually paying right now.

For houses in Marquis, the average city assessment sits at $512,425. The average HonestDoor Price is $519,293. That is a $6,868 gap - and it is 1.34% higher than the Edmonton average assessed value. The HonestDoor Price updates in real time using actual market activity. It is the real-world check against a static government number.

For condos, the HonestDoor Price of $913,750 is the figure that reflects what the market has actually been doing - including that 14.27% surge from the previous period. No tax assessment is going to show you that kind of movement this quickly.

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

For house owners, the timing is genuinely interesting. Values are trending up from the 3-month moving average, the growth rank puts us in the top quarter of Edmonton, and the average sale price is holding at $600,000. Buyers are still active. If you have been sitting on the fence about listing, the data right now is not telling you to wait.

For condo owners, the honest take is this: the market is cooling from a recent peak. Predicted values are sitting below the 3-month average. If you were thinking about selling, sooner is likely better than later while the HonestDoor Price still reflects that strong recent run-up. Waiting for the market to recover to its recent high is a gamble right now.

Either way, the first step is knowing your actual number - not the city's number. Check your HonestDoor Price, see where you really stand, and then make the call.

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.