Mayliewan, Edmonton - October 2026 Real Estate Report
Mayliewan Real Talk: Your Home Is Worth More Than the City Thinks
If you own a home in Mayliewan and you have not checked your HonestDoor Price lately, here is the short version - the city's assessment is already behind. The average assessed value sits at $520,000, but the average HonestDoor Price is $530,559. That is a $10,559 gap, and it matters when you are making any decision about your property.
The Vibe: What Is Actually Happening on Our Streets
Mayliewan is not making headlines, but it is holding its ground. With 45 transactions recorded in 2026 across 1,230 assessed properties, we are a steady, established neighbourhood - not a flash-in-the-pan market. Our year-over-year growth of 0.07% is modest, but look at the neighbours: Ozerna is at 0.04%, Belle Rive at 0.05%, and even Schonsee - which carries a higher price tag at $583,880 - is only growing at 0.05%. We are keeping pace or beating them all.
Houses: Strong Prices, But Take a Breath
If you have been watching the "For Sale" signs on the house side of Mayliewan, here is what is actually happening. The average sale price for houses is $574,125, up 1.5% from last month. That is a real, tangible move. But here is the nuance - homes are selling at 95.91% of list price, meaning buyers are negotiating. Properties are sitting for an average of 32 days, which is not lightning fast.
- Average sale price (houses): $574,125 - up 1.5% from last month
- Average list price: $591,175
- Price per square foot: $321
- Sale-to-list ratio: 95.91% - buyers are getting small discounts
- Average days on market: 32
- Days-on-market rank: 31 out of 116 Edmonton neighbourhoods - that is moderately fast
- Price rank: 93 out of 285 Edmonton neighbourhoods - solidly above average
- Growth rank: 126 out of 285 - right in the above-average tier on the neighbourhood leaderboard
The predicted market value for houses sits at $532,047, which is dipping slightly below the 3-month moving average of $538,131. Values have shifted -1.74% recently. The market is taking a breather on the house side. Not a crash - just a pause. Rental yield for houses is 5.58%, which is genuinely strong if you are thinking about holding rather than selling.
Condos: A Different Story Entirely
The condo market in Mayliewan is a small but feisty corner of our neighbourhood. With only 1 sale recorded and an average of 8 days on market, these units are moving fast when they do show up. The sale-to-list ratio is 105.07% - buyers are paying over asking. That is a sellers' market signal, full stop.
- Average sale price (condos): $352,000
- Average list price: $335,000 - sellers are getting more than they asked
- Price per square foot: $312
- Sale-to-list ratio: 105.07% - above asking
- Average days on market: 8 - very fast
- Days-on-market rank: 3 out of 113 Edmonton neighbourhoods - near the top of the leaderboard
- Price rank: 39 out of 218 Edmonton neighbourhoods - among the most expensive
- Growth rank: 96 out of 297 - above average
- HonestDoor Price: $353,462 - though this has dipped 2.75% from the previous period
Compare that to nearby Belle Rive condos at $306,428 or Schonsee at $232,428, and Mayliewan condos are commanding a serious premium. The predicted value of $363,451 is trending up against the 3-month moving average of $358,440. Rental yield is 4.09% - moderate, but the speed of sales tells the real story here.
The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters Right Now
Here is the thing about the city's assessed value - it is a snapshot from the past. It does not update in real time, and it does not care what happened in the market last month. The HonestDoor Price is a live, real-world check against that static number. For houses in Mayliewan, the HonestDoor Price of $530,559 is already 2.03% higher than the average Edmonton assessed value. That gap is money left on the table if you are using the city's number to make decisions.
Whether you are refinancing, thinking about selling, or just want to know where you actually stand - the HonestDoor Price gives you a current read, not a government estimate that is already months old by the time it lands in your mailbox.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Mayliewan and you are thinking about listing this summer, the timing has some real considerations. Prices are up month-over-month, but buyers are negotiating and homes are sitting for about a month. Price it sharp. The days of throwing a number at the wall and waiting for a bidding war are not the current reality on the house side. Your list price needs to be tight to that $574,000 range to get traction.
If you own a condo, the calculus is different. Eight days on market and buyers paying over asking - that is about as clean a seller's window as you will find. If you have been sitting on the fence, this summer looks like your moment.
Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not the city's number. In a neighbourhood where the assessed value and the real-world price are already $10,000 apart on houses, that knowledge is worth something.
mayliewan | 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.