Mc Conachie Area, Edmonton - August 2026 Real Estate Report

Mc Conachie Area Real Talk: Houses Are Hot, Condos Are Cooling - Here's What That Means for You

The Vibe Right Now

If you've been watching the "For Sale" signs in Mc Conachie Area, here's what's actually happening. The story is split right down the middle depending on what you own. Houses and condos are moving in completely different directions this month, and knowing which side you're on could mean thousands of dollars in your pocket.

Houses - The Market Is Moving Fast

We are seeing real momentum on the house side. The average sale price for houses hit $563,100 this month - that's up 9.1% from last month. Listings are sitting at $569,900 on average, and homes are selling at 98.86% of list price. Translation: buyers are coming in close to full ask, and sellers are holding their ground.

• Average sale price: $563,100 (up 9.1% month over month)
• Average list price: $569,900
• Price per square foot: $288
• Average days on market: 21 days
• Properties sold this month: 5
• Sale-to-list ratio: 98.86%
• Predicted market value: $547,504
• Rental yield: 5.55%
• Estimated monthly rent: $2,694

Twenty-one days on market is quick. Our days-on-market rank is 20 out of 108 neighbourhoods in Edmonton - that puts us in the top tier for speed. On the neighbourhood leaderboard, Mc Conachie Area houses rank 104 out of 292 for growth, which lands us solidly above average across the city. This is not a neighbourhood that is sitting still.

Condos - Taking a Breather

The condo side is a different conversation. Only 2 condos sold this month, down 33.3% from last month, and the average sale price dropped to $193,500 - a 37.8% dip from the month before. Buyers are paying 95.85% of list price, which means there is more room to negotiate than on the house side. The predicted market value sits at $211,895, and that number is trending down from the 3-month moving average of $214,138.

• Average sale price: $193,500 (down 37.8% month over month)
• Average list price: $202,000
• Price per square foot: $211
• Average days on market: 22 days
• Properties sold this month: 2
• Sale-to-list ratio: 95.85%
• Predicted market value: $211,895
• Rental yield: 4.29%
• Estimated monthly rent: $1,125

On the neighbourhood leaderboard, condo growth ranks 223 out of 302 in Edmonton - that's below average. The one bright spot? Condos are still selling fast. Our days-on-market rank is 16 out of 111 neighbourhoods. They move quickly, but right now they are not moving for top dollar.

The Secret Sauce - Your HonestDoor Price vs. Your Assessment

Here is why you should pull up your HonestDoor Price today instead of waiting for your next city assessment to land in the mail.

For houses, the average city assessment in Mc Conachie Area sits at $533,550. The average HonestDoor Price is $538,995. That is a $5,445 gap - and the HonestDoor Price is the number that reflects what is actually happening in the market right now, not what a government office calculated months ago based on older data.

For condos, the gap is even more striking - and it goes the other way. The average assessed value is $241,798, but the average HonestDoor Price is $216,017. That is 10.66% lower than the assessed value. If you are a condo owner making decisions based on your tax assessment alone, you could be working with a number that is significantly out of step with reality.

The HonestDoor Price updates in real time. Your city assessment does not. In a market that moved 9.1% in a single month on the house side, that difference matters.

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

If you own a house in Mc Conachie Area and you are thinking about listing this summer, the timing is genuinely good. Prices are up, homes are selling fast, and buyers are paying close to full ask. With 145 total property transactions recorded in 2026 and a total transaction rank of 5 in Edmonton, this neighbourhood sees real activity. That is not a quiet market - that is a market with buyers in it.

If you own a condo, the honest advice is this: do not rush, but do not wait forever either. The market is cooling on that side, values are drifting down slightly, and with only 2 sales this month, there is not a lot of comparable data pushing prices up. If you need to sell, price it sharp and lean on the fact that condos here still move quickly - 22 days on market is not bad at all.

Either way, your first move should be checking your HonestDoor Price. It is the real-world check against a static assessment, and in a neighbourhood moving this fast, you want the current number - not last year's guess.

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.