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    Newmarket College Manor, Newmarket - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    Newmarket, Newmarket College Manor

    College Manor Real Talk: Condos Are Quietly Winning Right Now

    The Vibe in College Manor This Month

    If you've been watching the "For Sale" signs in College Manor, here's what's actually happening. The neighbourhood is telling two very different stories depending on what type of property you own - and one of them is a lot more exciting than the other.

    Houses: Steady, But Taking a Breather

    The house market in College Manor is holding its ground, but the momentum has softened. The average HonestDoor Price sits at $985,392, down 2.62% from the previous period. The predicted market value for houses is $1,011,903, and that number is drifting slightly below the 3-month moving average of $1,027,956. So the trend line is pointing down, not up, at least for now.

    That said, the one house that sold this month closed at $1,000,000 - and it sold for 105.47% of the list price. Buyers paid over asking. That tells us demand is still real. When something good hits the market here, people move on it fast. Twelve days on market backs that up.

    • Average HonestDoor Price: $985,392 (down 2.62%)
    • Predicted market value: $1,011,903
    • Average sale price this month: $1,000,000
    • Sold at 105.47% of list price - buyers paid above asking
    • Average days on market: 12
    • Price per square foot: $477
    • Estimated monthly rent: $4,246 with a rental yield of 4.68%
    • Growth rank: 4 out of 7 neighbourhoods - below average in Newmarket
    • Price rank: most affordable among comparable Newmarket neighbourhoods

    On the neighbourhood leaderboard, houses in College Manor rank 4 out of 7 for growth. Not last, but not leading the pack either. If you own a house here, you're in a stable sellers' market - but the window for peak pricing may be narrowing.

    Condos: The Quiet Outperformer

    Here's where it gets interesting. Condo values in College Manor jumped 15.48% from the previous period. The average HonestDoor Price is now $776,844. The predicted market value of $672,692 is climbing above the 3-month moving average of $650,513 - meaning the trend is pointing in the right direction.

    On the neighbourhood leaderboard, College Manor condos rank 1 out of 7 for growth in Newmarket. That's the top spot. Every comparable neighbourhood nearby - Stonehaven, Quaker Hill-Haskett Park, Leslie Valley - is cheaper for condos than we are right now.

    • Average HonestDoor Price: $776,844 (up 15.48%)
    • Predicted market value: $672,692 and rising
    • 3-month moving average: $650,513
    • Recent value change: up 6.80%
    • Estimated monthly rent: $3,204 with a rental yield of 3.50%
    • Airbnb rank: 2 out of 7 in Newmarket at $178 per night
    • Growth rank: 1 out of 7 - top performer in Newmarket

    If you own a condo in College Manor, the numbers are working in your favour right now. Rental demand is solid, short-term income potential is strong, and you're sitting at the top of the local growth rankings.

    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. The Municipal Property Assessment Corporation updates values on a cycle, which means your official assessment could be reflecting a market that existed a year or two ago. That's not your real-world number.

    Your HonestDoor Price is updated in real time using actual sales data, current market signals, and neighbourhood-level trends. For condo owners in College Manor, that difference is massive right now. A 15.48% jump in HonestDoor Price is not something a static government assessment is going to capture quickly. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you should be looking at first.

    For house owners, the HonestDoor Price is also your early warning system. It caught the 2.62% dip before it shows up anywhere official. Knowing that now gives you options. Waiting for your next tax notice means you're always reacting instead of planning.

    The So What - Should You Sell in College Manor This Summer?

    If you own a condo in College Manor, the case for selling this summer is genuinely strong. You're ranked first for growth in Newmarket, values are trending up, and you're priced above every comparable neighbourhood nearby. Buyers looking at Stonehaven or Quaker Hill-Haskett Park will find your unit competitive and well-positioned. That's a good place to be when you're negotiating.

    If you own a house, the picture is more nuanced. Demand is clearly there - one sale at 105% of list price proves that. But the HonestDoor Price is down 2.62% and the predicted value is slipping below its 3-month average. That's not a crisis, but it does suggest that waiting for "the market to come back" may cost you more than acting now while buyers are still willing to go over asking.

    Bottom line - College Manor is not a neighbourhood you ignore right now. Condo owners especially should check their HonestDoor Price today, because the market is moving faster than any official assessment will tell you.

    newmarket college manor | newmarket | september 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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