Mayliewan, Edmonton - July 2026 Real Estate Report

Mayliewan, Edmonton: Your Home Is Worth More Than the City Thinks

If you have been quietly wondering whether your Mayliewan home has kept pace with the rest of Edmonton, here is your answer - and it is a good one. The city's assessment says one thing. The real world says something better.

The HonestDoor Price vs. Your Tax Assessment

The average assessed value in Mayliewan sits at $520,000. But the average HonestDoor Price is $540,487 - that is nearly $20,500 more than what the city has on file. The HonestDoor Price has also climbed 2.60% from the previous period, and it runs 3.94% above the Edmonton average assessed value. Your city assessment is a snapshot taken months ago. The HonestDoor Price is updated in real time, pulling from actual market activity. For most homeowners, that gap is real money sitting on the table.

The Vibe - Houses vs. Condos

Houses: Taking a Breather, But Still Moving

We saw the average house sale price come in at $520,000 this month, down 0.5% from last month. Listings are sitting higher at an average of $635,000, and homes are selling at about 96.85% of list price - meaning buyers are negotiating, and getting somewhere. That is a cooling signal worth watching.

• Average sale price: $520,000
• Average list price: $635,000
• Sale-to-list ratio: 96.85% - buyers are paying below asking
• Price per square foot: $353
• Average days on market: 26 days
• Properties sold this month: 1
• Predicted market value: $527,173
• Rental yield: 5.58%
• Estimated monthly rent: $2,633

Here is the bright spot for us - houses in Mayliewan are selling faster than nearby Belle Rive, which is averaging 39 days on market. Our 26-day average puts us at a days-on-market rank of 25 out of 103 Edmonton neighbourhoods. That is genuinely fast. Buyers are still showing up. The growth rate ranks 205 out of 302 neighbourhoods, which puts houses in the below-average tier for price growth right now - but the speed of sales tells a different story about demand.

Condos: The Quiet Overachiever

If you own a condo in Mayliewan, pay attention. Condos here are selling at 105.07% of list price - buyers are going over asking. The average sale price is $352,000, and the average listing price is $335,000. That means sellers are walking away with more than they asked for. That is a sellers' market, full stop.

• Average sale price: $352,000
• Average list price: $335,000
• Sale-to-list ratio: 105.07% - buyers are paying above asking
• Price per square foot: $312
• Average days on market: 8 days
• Properties sold this month: 1
• HonestDoor Price: $350,893
• Predicted market value: $367,629
• Rental yield: 4.08%
• Estimated monthly rent: $1,939

Eight days on market. That is not a typo. Mayliewan condos rank 1st out of 108 Edmonton neighbourhoods for speed of sale. And on price, we rank 34th out of 220 - that puts us among the most expensive condo markets in the city. The HonestDoor Price has dipped 4.55% from the previous period, so the predicted value is softening slightly, but the sales data shows buyers are not flinching.

The Neighbourhood Leaderboard

How does Mayliewan stack up against the neighbours? Here is a quick look at nearby hoods and where we sit.

• Mayliewan HonestDoor Price (houses): $540,487 - higher than Ozerna ($518,393) and Belle Rive ($529,396), and close behind Schonsee ($597,985)
• Mayliewan rental estimate: $2,687 per month - stronger than Ozerna ($2,592) and Belle Rive ($2,628)
• Mayliewan growth: 0.07% year over year - faster than all three nearby neighbourhoods
• Total transaction rank in Edmonton: 51st - meaning we see solid sales volume compared to most of the city

Schonsee is pricier, but it is growing slower than us. Ozerna and Belle Rive are both cheaper and growing slower. On the neighbourhood leaderboard, Mayliewan is holding its own.

The Secret Sauce - Why Check Your HonestDoor Price Right Now

Your city assessment is not wrong - it is just old. Edmonton assesses properties based on data that can be six to twelve months behind the market. The HonestDoor Price uses current sales, current listings, and real-time signals to give you a live number. Right now, that live number is nearly $20,500 higher than the city's figure for the average Mayliewan house. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - using a stale assessment is like navigating with last year's map. Check your HonestDoor Price at honestdoor.com and see where you actually stand today.

The So What - Thinking About Selling This Summer?

Here is the honest read for anyone considering a summer sale in Mayliewan.

If you own a house, the market is taking a breather. Buyers are negotiating, and the sale-to-list ratio at 96.85% confirms that. But homes are still moving in 26 days, which is faster than several nearby neighbourhoods. Price it sharp and you will find a buyer. Price it like it is 2022 and you will sit. With 1,230 properties assessed this year and only 32 transactions recorded in 2026 so far, inventory is not the problem - realistic pricing is.

If you own a condo, this might be your moment. Eight days on market and buyers paying over asking is about as clean a green light as you will see. The HonestDoor Price has softened slightly, but the actual sales data says demand is real and urgent. A well-presented condo listed this summer has a strong shot at a fast, above-ask sale.

Either way, start with your HonestDoor Price - not your tax notice - and build your strategy from there.

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.