Oliver, Edmonton - October 2026 Real Estate Report
Oliver, Edmonton: Your Home Is Worth More Than the City Thinks
If you own a place in Oliver and you have not checked your HonestDoor Price lately, you are probably sitting on more equity than your last tax notice suggested. Here is the real picture for houses and condos right now.
The Vibe: Houses vs. Condos in Oliver
Oliver is a tale of two markets this year, and where you land depends entirely on what you own.
Houses: We are in a slow-burn, buyer-friendly stretch. The average sale price is sitting at $653,500, and homes are taking about 190 days to sell. That is longer than nearby Queen Mary Park at 124 days, which tells you buyers here have options and they know it. Only 2 houses sold recently, and sellers are getting about 92 cents on every dollar they list for. The market is not falling apart - it is just taking a breather. The predicted market value for a house is $733,001, which is actually dipping slightly from the 3-month average of $736,605. On the neighbourhood leaderboard, Oliver houses rank 77 out of 285 for growth - solidly above average in Edmonton, even if it does not feel like a hot streak right now.
Condos: This is where Oliver really flexes. We had 359 condo transactions in 2026, and that volume ranks us number 1 in all of Edmonton. That is not a typo. The average sale price dropped to $200,431 this month - down 32% from last month - but context matters here. Listings are averaging $218,640 and sellers are still getting 97 cents on the dollar, which means demand has not evaporated. The predicted condo value is $266,445, and at $215 per square foot, Oliver condos are priced above average for Edmonton. On the leaderboard, condo growth ranks 137 out of 297 - right in the above-average zone.
- House average sale price: $653,500
- House days on market: 190 days
- House sale-to-list ratio: 92.14%
- House predicted value: $733,001
- House rental yield: 5.34%
- Condo average sale price: $200,431
- Condo days on market: 82 days
- Condo sale-to-list ratio: 97.03%
- Condo predicted value: $266,445
- Condo rental yield: 4.22%
- Total condo transactions in 2026: 359 (ranked 1st in Edmonton)
The Secret Sauce: Your HonestDoor Price vs. That Government Assessment
Here is the thing about your city assessment - it is a snapshot from the past. It does not update in real time, and it does not care what the market did last month.
For houses in Oliver, the average assessed value is $632,858. The average HonestDoor Price is $741,676. That is a gap of over $108,000 - or 17.19% higher than what the city has on file. If you are making any financial decision based on your assessment alone, you are working with an outdated number.
For condos, the gap is even wider. The average assessed value is $203,433. The HonestDoor Price comes in at $261,779 - that is 28.68% higher. Your condo is likely worth significantly more than the city's paperwork says.
The HonestDoor Price pulls in real-world transaction data and updates regularly. Think of it as the real-world check that your assessment was never designed to be. If you are refinancing, selling, or just curious what your place is actually worth in today's market, the HonestDoor Price is the number to start with.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Oliver and you are thinking about listing this summer, go in with clear eyes. The market is not racing - 190 days on market is a long runway, and buyers are negotiating. Price it right from day one. Homes that chase the market down take longer and cost more in the end. Your HonestDoor Price of $741,676 on average is a strong starting point for that conversation with your agent.
If you own a condo, the story is more encouraging. Volume is the highest in Edmonton, which means there is a real buyer pool out there. The 82-day average is slower than ideal, but with 97% of list price being achieved, sellers are not giving things away. A well-priced condo in Oliver moves.
One more thing worth knowing: Oliver's neighbourhood growth sits at 0.05% year over year for houses. Nearby Westmount is at 0.07% and Queen Mary Park is at 0.08%. Those neighbours are growing slightly faster right now. That does not mean Oliver is falling behind - it means pricing your home competitively this summer matters more than ever if you want to attract buyers who are also looking one street over.
- House HonestDoor Price: $741,676 - up 1.56% recently
- House assessed value gap: $108,818 higher than city assessment
- Condo HonestDoor Price: $261,779 - down 1.75% recently
- Condo assessed value gap: $58,346 higher than city assessment
- Rental income potential (house): $3,129 per month
- Rental income potential (condo): $1,254 per month
- Oliver condo transaction rank: 1st in Edmonton
Bottom line - Oliver is not a neighbourhood you sleep on. If you want to know what your specific property is actually worth right now, pull your HonestDoor Price. It is free, it is current, and it is a lot more useful than waiting for next year's assessment notice to show up in your mailbox.
oliver | 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.