If you have been watching the "For Sale" signs pop up around Paisley this year, here is the straight story on what is actually happening to home values in our corner of Edmonton's south end.
Houses and condos are telling two very different stories in Paisley right now, and knowing which one applies to you could change how you think about your next move.
Houses in Paisley are moving. The average sale price hit $548,300 this period - up 25% from last month. That is not a typo. Listings are sitting at an average of $544,767, and homes are selling in just 18 days on average. On the Edmonton leaderboard, our days-on-market rank is 17 out of 103 neighbourhoods. That puts us in the top tier for speed.
The rental yield of 5.66% is worth flagging. For anyone who owns a house in Paisley and is thinking about the investment angle, that is a strong return compared to a lot of Edmonton neighbourhoods. Airbnb potential sits at around $121 per month - not a game-changer, but a nice bonus.
The condo side of Paisley is a different picture. The average sale price came in at $269,000, which is down 22.7% from last month. One sale does not make a trend, but the direction is worth watching. Properties sold for 97.82% of list price, and the average days on market was 26 days. Still fast by Edmonton standards - our days-on-market rank is 19 out of 108 neighbourhoods.
The condo market is taking a breather. With only one sale to go on, we should not read too much into the month-over-month drop. But the HonestDoor Price of $319,737 - up 3.04% - suggests the underlying value picture is healthier than the recent sale price alone would imply.
Here is the thing about your city assessment. It is a snapshot taken months ago, based on data that is even older than that. The average assessed value for a Paisley house sits at $501,988. But the HonestDoor Price for houses is $492,565 - and it is updated in real time using actual market activity.
That gap of roughly $9,400 is not just a number. It is the difference between what the city thinks your home is worth on a fixed date and what the market is actually doing with it right now. With house prices moving 25% in a single month and the predicted value sitting at $484,287, the real-world picture is shifting fast. A static assessment simply cannot keep up.
For condos, the HonestDoor Price of $319,737 is actually running well above the recent sale price of $269,000. That tells us the one sale this period may not be representative of true market value - and if you are a condo owner, that is important context before you make any decisions.
Checking your HonestDoor Price takes two minutes and gives you a current read on where you actually stand - not where you stood last January.
If you own a house in Paisley and are thinking about listing this summer, the conditions are genuinely in your favour right now. Homes are selling in 18 days, buyers are paying 99.33% of list price, and the sale price jumped hard this period. The window for strong returns is open.
The growth rank of 181 out of 302 means Paisley is not leading the pack on appreciation right now - but speed of sale and price strength are compensating for that. Buyers are showing up and writing cheques close to asking. That is what matters when you are the one selling.
For condo owners, the picture calls for a bit more patience. The market is still moving - 26 days on market is fast - but pricing expectations need to be grounded in current conditions, not last year's numbers. The HonestDoor Price of $319,737 gives you a realistic anchor for that conversation with your agent.
One more thing worth knowing: Paisley's overall neighbourhood growth is 0.10% year over year, and 1,007 properties were assessed here this year. We are a well-established pocket of south Edmonton with 34 total transactions in 2026 so far. The market is active, not stagnant. If you are on the fence about selling, this summer is worth a serious look.
paisley | edmonton | july 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.