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    Newmarket College Manor, Newmarket - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Newmarket, Newmarket College Manor

    College Manor Real Talk: Solid Houses, Condos Taking a Breather

    The Vibe Right Now

    If you've been watching the "For Sale" signs on your street, here's what's actually happening in College Manor. The house market is holding firm. The condo side is softer. Those are two very different stories depending on what you own - so let's break it down.

    Houses: Still a Sellers' Game

    The one house that sold this past period went for $1,000,000 - and it sold at 105.47% of the asking price. That means the buyer paid above list. In a market where a lot of neighbourhoods are seeing buyers push back, that's a real signal. Homes here are moving in 12 days on average, which is quick. If your house is priced right, it's not sitting.

    • Average HonestDoor Price (Houses): $1,036,371 - up 0.07% from last period
    • Average sale price: $1,000,000
    • Sold at 105.47% of list price - buyers are competing
    • Average days on market: 12
    • Price per square foot: $477
    • Estimated monthly rent: $4,313
    • Rental yield: 4.64%
    • Airbnb potential: $214 per night - ranked 5th in Newmarket

    One thing worth noting: on the neighbourhood leaderboard, College Manor houses rank 7 out of 7 for growth rate among comparable Newmarket neighbourhoods. That's the bottom of the pack. Values are essentially flat, down 0.40% recently. So the house market here is stable - not surging. Think of it as a steady ship, not a rocket.

    For context, nearby Newmarket Stonehaven is sitting at an average HonestDoor Price of $1,451,000 for houses. College Manor is priced well below that, which actually makes it more accessible - and that's part of why demand stays consistent here.

    Condos: Taking a Breather

    The condo picture is a bit more honest about where the market is right now. The average HonestDoor Price for condos in College Manor has dropped 2.94% to $629,872. Values are down about 2.10% recently, and on the neighbourhood growth leaderboard, condos rank 6 out of 7. That puts us near the bottom for condo growth in Newmarket right now.

    • Average HonestDoor Price (Condos): $629,872 - down 2.94% from last period
    • Predicted market value: $648,974
    • 3-month moving average: $645,159 - values are creeping up slightly
    • Estimated monthly rent: $3,053
    • Rental yield: 3.54%
    • Airbnb potential: $152 per night - ranked 5th in Newmarket
    • Growth rank: 6 out of 7 comparable neighbourhoods

    The silver lining? The predicted value of $648,974 is actually running ahead of the 3-month moving average of $645,159. That suggests the slide may be slowing. Condo owners aren't in freefall - but this is not the moment to assume your unit is worth what it was a year ago.

    For comparison, nearby Stonehaven condos are averaging $710,235 in predicted value, and Quaker Hill-Haskett Park sits at $568,213. College Manor condos are right in the middle of the pack on price - just not leading on growth.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

    Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what sold on your street last month. It doesn't know that buyers are paying over asking for houses right now. It doesn't adjust when condo values shift 2.94% in a single period.

    The HonestDoor Price is updated in real time using actual market activity. For house owners in College Manor, it's currently pegging your home at $1,036,371 - and that number moves as the market moves. For condo owners, it's showing $629,872, which is a more honest reflection of where buyers are actually transacting today. Waiting for your next tax assessment to understand what your property is worth is like checking last year's weather to decide what to wear this morning.

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

    If you own a house in College Manor and you're thinking about listing this summer, the conditions are genuinely in your favour. Buyers are still paying above asking. Homes are moving in under two weeks. Supply is tight - only one sale in the tracked period means there isn't a flood of competition coming. Price it sharp and you could be done before August.

    If you own a condo, the honest advice is this: don't wait for the market to come back to you. Values are down 2.94% and growth is ranking near the bottom of the Newmarket leaderboard. That doesn't mean you can't sell - it means you need to be realistic about pricing. A condo priced at last year's number will sit. One priced at today's HonestDoor Price has a real shot.

    Either way, check your HonestDoor Price before you have a single conversation with an agent. It's the real-world number - not the optimistic one, not the outdated one. Just the actual one.

    newmarket college manor | newmarket | july 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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