Matt Berry, Edmonton - July 2026 Real Estate Report

Matt Berry Real Talk: Your Home Is Worth More Than the City Thinks

If you own a home in Matt Berry and you have not checked your HonestDoor Price lately, now is the time. The city's assessment is sitting at an average of $499,854 for houses - but the real-world number is already at $520,014. That is a $20,000 gap, and it matters more than most people realize.

The Vibe: What Is Actually Happening in Our Neighbourhood

Let us break it down by property type, because houses and condos are telling two very different stories right now.

Houses - Still Strong, Just Catching Its Breath

The house market in Matt Berry is taking a breather. Average sale prices came in at $538,750 this month, which is down 2.3% from last month. Only 2 homes sold, down from 3 the month before. That said, do not read too much doom into those numbers.

• Average sale price: $538,750 (down 2.3% from last month)
• Average list price this month: $495,000
• Price per square foot: $327
• Homes sold for 100.20% of list price - buyers are still paying over asking
• Average days on market: 15
• HonestDoor predicted value: $509,850
• Estimated monthly rent: $2,571 with a rental yield of 5.62%

Here is the part worth paying attention to. Even with a slower month, buyers still paid above list price. That means demand has not disappeared - supply is just thin. Homes are also moving in 15 days on average, which ranks us 14th out of 103 Edmonton neighbourhoods for speed. That is very fast. We are in the top tier for how quickly houses sell around here.

On the neighbourhood leaderboard, Matt Berry houses rank 151 out of 302 for growth - solidly above average in Edmonton. Price rank sits at 135 out of 285, also above average. We are not the flashiest number on the board, but we are consistent.

Condos - A Buyer Has the Upper Hand Right Now

The condo picture is a bit softer. Only 1 condo sold this month, and the average sale price dropped to $195,000 - down 10.6% from last month. Buyers paid 95.59% of list price, meaning sellers are giving a little ground to close deals. That is a cooling buyers' market in plain language.

• Average sale price: $195,000 (down 10.6% from last month)
• Average list price this month: $204,000
• Price per square foot: $241
• Homes sold for 95.59% of list price - buyers are negotiating below asking
• Average days on market: 20
• HonestDoor predicted value: $233,472
• Estimated monthly rent: $1,261 with a rental yield of 4.27%

One thing worth noting - even with the softness, Matt Berry condos are still selling faster than most of Edmonton. We rank 13th out of 108 neighbourhoods for days on market. And the HonestDoor predicted value of $233,472 is already trending up from the 3-month average of $230,707, which is a quiet signal that the floor may be holding.

On the condo leaderboard, growth ranks 67 out of 296 Edmonton neighbourhoods. That puts us in the top quarter of the city for condo value momentum - even when the short-term sales data looks bumpy.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

The city's assessed value is a snapshot from the past. It is calculated once a year using old data, and it does not move when the market moves. Your HonestDoor Price updates in real time using actual sales, current listings, and live market signals.

For houses in Matt Berry, the HonestDoor Price is $520,014 - already 4.03% higher than the city's average assessed value of $499,854. That gap is not a rounding error. It is roughly $20,000 that the city's number is leaving on the table.

For condos, the story flips slightly. The HonestDoor Price of $226,387 is actually 2.48% below the city's assessed value of $232,152. If you are a condo owner, that is a signal worth knowing before you price a listing or make any financial decisions tied to your property value.

Bottom line - do not wait for next year's tax notice to find out what your home is worth. Check your HonestDoor Price now and get the real-world number.

The So What - Should You Sell in Matt Berry This Summer?

If you own a house, the case for selling this summer is still solid. Buyers are paying over asking, homes are moving in 15 days, and the HonestDoor Price is trending up at 1.99% growth. The market is not on fire, but it is not cold either. A well-priced house in Matt Berry right now will move.

If you own a condo, you need to be sharper on your pricing. Buyers have a bit more leverage, and the recent sale price of $195,000 is sitting below the current average list price of $204,000. That gap tells you overpricing will cost you time. Price it tight, lean on the HonestDoor predicted value of $233,472 as your anchor, and you can still get a clean deal done.

Compared to nearby neighbourhoods, Matt Berry houses are priced higher than Ozerna ($518,393), Hollick Kenyon ($484,374), and Mc Leod ($425,718). We are the premium option in this pocket of the city - and the sales data backs that up. If you are thinking about making a move, this summer is a reasonable window before the fall market shifts the conversation again.

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.