HonestDoor

    Newmarket College Manor, Newmarket - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Newmarket, Newmarket College Manor

    College Manor Real Talk: Your Home Is Worth More Than the City Thinks

    The Vibe Right Now

    If you've been watching the "For Sale" signs in College Manor, here's what's actually happening. The market is sending two very different signals depending on whether you own a house or a condo - and knowing which camp you're in could change your next move.

    Houses: Steady, Competitive, and Sellers Still Have the Edge

    The one house that sold this past period went for 105.47% of its list price. That means the buyer paid above asking. In a market where a lot of neighbourhoods are seeing offers come in under list, that's a meaningful number. Properties are moving in an average of 12 days, which tells you demand is still real.

    • Average HonestDoor Price: $1,011,903
    • Average sale price: $1,000,000
    • Price per square foot: $477
    • Average days on market: 12
    • Sold-to-list ratio: 105.47% - buyers are paying over asking
    • Predicted market value: $1,036,371
    • Estimated monthly rent: $4,313
    • Rental yield: 4.64%
    • Airbnb potential: $211 per night

    The HonestDoor Price for houses is sitting at $1,011,903, down 2.36% from the previous period. Think of that as the market taking a breather - not a crash, just a small correction. The predicted value of $1,036,371 is actually slightly above that, which suggests the floor is holding. On the neighbourhood leaderboard, College Manor houses rank 4 out of 7 for growth - middle of the pack. Not leading the charge, but not falling behind either.

    Condos: A Bounce-Back Worth Paying Attention To

    The condo story here is more interesting. The HonestDoor Price jumped 6.80% to $672,692. That kind of move in a single period is worth noting. But here's the honest part - the predicted market value is $629,872, which is actually below the 3-month moving average of $647,242. Values have dipped 2.94% recently. So the HonestDoor Price is reflecting a real-time bounce, while the short-term trend is still cooling off. Both things can be true at once.

    • Average HonestDoor Price: $672,692 - up 6.80%
    • Predicted market value: $629,872
    • 3-month moving average: $647,242
    • Estimated monthly rent: $3,053
    • Rental yield: 3.58%
    • Airbnb potential: $159 per night
    • Recent value change: -2.94%

    On the neighbourhood leaderboard, College Manor condos rank 7 out of 7 for growth. Dead last among comparable Newmarket neighbourhoods right now. That's the honest truth. Nearby Stonehaven condos are sitting at $724,031 and Leslie Valley at $702,443 - both ahead of us. If you own a condo here and you're thinking about your next move, that ranking matters.

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

    Here's the thing about your city tax assessment - it's a snapshot from the past. It doesn't know what sold on your street last month. It doesn't know that the one house in College Manor went for over asking. The HonestDoor Price updates in real time using actual sales data, so it reflects what a buyer would pay today - not what a government office calculated a year or two ago.

    For houses, that gap between the HonestDoor Price ($1,011,903) and the predicted value ($1,036,371) is your real-world range. For condos, the 6.80% jump in the HonestDoor Price is a signal worth watching - even if the short-term trend is still softening. Checking your HonestDoor Price right now gives you a current read, not a stale one.

    So What Does This Mean If You're Thinking About Selling This Summer?

    If you own a house in College Manor, the conditions are still working in your favour. Buyers are paying over list price, homes are selling in under two weeks, and your predicted value is holding above a million dollars. Summer is typically when serious buyers are active. Listing now - before the fall market gets crowded - puts you in a strong position.

    If you own a condo, be clear-eyed about it. The growth rank of 7 out of 7 means other Newmarket neighbourhoods are outperforming us right now. That doesn't mean you can't sell - it means pricing it right from day one matters more than ever. A condo sitting on the market sends the wrong signal fast. Work with your HonestDoor Price as your anchor, price it competitively against Stonehaven and Leslie Valley, and move with purpose.

    Bottom line - College Manor is not a market to ignore. Houses are performing well. Condos need a sharp strategy. Either way, the worst thing you can do is rely on an outdated assessment to make a decision worth hundreds of thousands of dollars.

    newmarket college manor | newmarket | august 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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