Matt Berry, Edmonton - October 2026 Real Estate Report
Matt Berry, Edmonton: Your Neighbour Just Got a Better Price Than the City Thinks
If you own a home in Matt Berry and you're still looking at your city assessment to figure out what your place is worth, you're leaving money on the table. The numbers have moved, and not in the direction the assessment office is tracking.
The Vibe - Houses vs. Condos
Houses: Taking a Breather, But Still Worth More Than You Think
Let's be straight with each other. The house market in Matt Berry is cooling off right now. The average sale price this month sits at $449,167, which is down 18.3% from last month. Only 3 houses sold, and they sat on the market for an average of 86 days before finding a buyer. For comparison, homes in nearby Ozerna are moving in 54 days. That gap matters if you're planning to list.
Buyers are also negotiating. Homes are selling at 97.37% of list price, which means on a $461,300 listing, a buyer is shaving off roughly $12,000. That's real money. If you're a seller, pricing sharp from day one is the move right now - not testing the market high and waiting.
The longer-term picture is steadier. The predicted market value for houses sits at $518,380, and the 3-month moving average is $520,644. Values have dipped 0.99% recently, but the rental story is strong - $2,606 per month in estimated rent and a 5.60% rental yield. For investors, that's a number worth paying attention to.
- Average sale price (this month): $449,167
- Average list price (this month): $461,300
- Price per square foot: $312
- Average days on market: 86
- Sale-to-list ratio: 97.37%
- Predicted market value: $518,380
- Estimated monthly rent: $2,606
- Rental yield: 5.60%
- Neighbourhood growth rank: 79 out of 285 Edmonton neighbourhoods - above average
Condos: Quiet, Stable, and Actually Moving Fast
The condo side of Matt Berry tells a different story. Only 2 units sold this month, but they moved in just 30 days and sold at 99.55% of list price. That's about as close to full ask as you'll get. Sellers are not giving much away here.
The predicted condo value is $232,060, which is actually climbing past the 3-month moving average of $229,535. That's a good sign. Values are up 0.83% recently, and Matt Berry condos are outpricing every comparable neighbourhood nearby - Ozerna condos average $174,165, Hollick Kenyon sits at $206,671, and Mc Leod comes in at $189,500. We're the priciest condo market in the area, and the demand is holding up.
The rental yield on condos is 4.27% with an estimated $1,253 per month in rent. Moderate, but consistent. Days-on-market rank is 23 out of 113 Edmonton neighbourhoods - that means our condos sell faster than most of the city.
- Average sale price: $225,500
- Average list price: $224,900
- Price per square foot: $227
- Average days on market: 30
- Sale-to-list ratio: 99.55%
- Predicted market value: $232,060
- Estimated monthly rent: $1,253
- Rental yield: 4.27%
- Growth rank: 90 out of 297 Edmonton neighbourhoods - above average
The Secret Sauce - Why Your HonestDoor Price Matters 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 average assessed value for a Matt Berry house is $499,854. That number is what the city uses. It is not what the market is actually doing.
The average HonestDoor Price for a Matt Berry house is $521,726 - that is $21,872 higher than the city's figure, a gap of 4.38%. For condos, the HonestDoor Price is $233,081 versus an assessed value of $232,152. Closer, but the HonestDoor number is updated in real time using actual transaction data, not a once-a-year snapshot.
Think of the HonestDoor Price as the real-world check on a number that was already outdated before you read it. If you are refinancing, selling, or just trying to understand your net worth, the HonestDoor Price is the one to use.
- House - Average assessed value: $499,854
- House - Average HonestDoor Price: $521,726 (up 0.65% from last period)
- Condo - Average assessed value: $232,152
- Condo - Average HonestDoor Price: $233,081 (up 0.44% from last period)
- Total properties assessed in Matt Berry this year: 1,143 houses, 164 condos
The So What - Should You Sell in Matt Berry This Summer?
For house sellers, the honest answer is: timing matters more than usual right now. Homes are sitting for 86 days on average, and buyers are negotiating. That does not mean you should panic - it means you should price it right from the start. A house priced at the HonestDoor predicted value of $518,380 with a sharp marketing strategy will move faster than one that chases a number the market is not supporting today.
Matt Berry still ranks 50th in Edmonton for total transaction volume - 54 house deals closed in 2026 so far. This is an active neighbourhood. Buyers are here. They are just pickier than they were six months ago.
For condo sellers, the window looks better. Fast days on market, near-full list price sales, and a predicted value that is trending up. If you have been sitting on the fence, this summer is a reasonable time to move.
For anyone thinking about holding and renting instead, the numbers support it. A 5.60% rental yield on a house and $2,606 per month in estimated rent is a solid return in this market. Matt Berry is not a neighbourhood you need to flee - it is one worth understanding properly before you make a move.
Check your HonestDoor Price before you do anything else. It takes 30 seconds and it is the most current number available to you. That is just good homework.
matt berry | 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.