Paisley, Edmonton - October 2026 Real Estate Report
Paisley, Edmonton: Your Neighbour Just Listed. Here Is What You Need to Know.
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, how fast things are selling, and whether your city assessment is telling you the truth about what your place is worth right now.
The Vibe: Houses vs. Condos in Paisley
Houses - Taking a Breather, But Still Moving
We have seen 7 houses sell in Paisley so far in 2026 - that is up 40% from last month, which tells us buyers are still showing up. But the average sale price has pulled back to $443,857, down 17.5% from the previous month. Do not panic at that number. Month-to-month swings in a smaller neighbourhood like ours can be dramatic with just a handful of sales. The bigger picture is that homes are sitting on the market for about 60 days on average, which is actually faster than nearby Graydon Hill at 84 days. That gap matters - it means Paisley is still a more active market than some of our neighbours.
Buyers are paying about 95.78% of list price on average, so they are getting a small discount but not a steal. The predicted market value for a Paisley house sits at $479,991, which is slightly ahead of Graydon Hill's predicted value of $404,264. On the neighbourhood leaderboard, Paisley houses rank 140 out of 285 Edmonton neighbourhoods for growth - solidly above average. Days on market ranks 56 out of 116, meaning we are in the faster half of the city for selling speed.
- Average sale price (houses): $443,857
- Average list price this month: $437,900
- Sale-to-list ratio: 95.78%
- Average days on market: 60 (vs. Graydon Hill at 84)
- Properties sold in 2026: 7 this month, 49 total transactions recorded
- Predicted market value: $479,991
- Estimated monthly rent: $2,423 - rental yield of 5.67%
- Growth rank: 140 out of 285 Edmonton neighbourhoods
Condos - A Different Story, and a Good One
Our condo market is a bright spot right now. Only 1 condo sold this month, so the sample is thin, but the signals are interesting. The average sale price hit $348,000 - up 29.4% from last month - and properties are moving in just 26 days on average. That is fast. Really fast. Edmonton-wide, Paisley condos rank 19 out of 113 neighbourhoods for days-on-market speed. That puts us in the top tier of the city for condo selling pace.
On the growth leaderboard, Paisley condos rank 51 out of 297 Edmonton neighbourhoods - that is a top performer position. The predicted condo value is $313,287, nudging up from the 3-month moving average of $313,057. Rental yield on condos comes in at 4.18% with an estimated rent of $1,677 per month. Compared to nearby Heritage Valley Town Centre Area (HonestDoor Price of $173,244), Paisley condos are priced well above the immediate competition.
- Average sale price (condos): $348,000
- Average list price this month: $275,000
- Sale-to-list ratio: 97.82%
- Average days on market: 26
- Price per square foot: $311
- Predicted market value: $313,287
- Estimated monthly rent: $1,677 - rental yield of 4.18%
- Growth rank: 51 out of 297 Edmonton neighbourhoods
- Days-on-market rank: 19 out of 113 (very fast)
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your city assessment. It is a snapshot taken months ago, using data that is even older than that. It does not know what happened on your street last Tuesday. The average assessed value in Paisley sits at $501,988 for houses - but the average HonestDoor Price is $478,285. That is a gap of nearly $24,000, or 4.72% lower than what the city says your home is worth.
That gap is not a small rounding error. If you are pricing a listing based on your assessment, you could be starting the conversation in the wrong place entirely. The HonestDoor Price pulls in real, recent transaction data - including the 49 property transactions recorded in Paisley in 2026 across 1,007 assessed properties - to give you a number that reflects what buyers are actually paying today, not what an algorithm guessed last fall.
For condos, the HonestDoor Price is $298,267, down 4.79% from the previous period. That kind of movement in a short window is exactly why checking your HonestDoor Price regularly beats waiting for the annual assessment to land in your mailbox.
The "So What?" - Thinking About Selling This Summer?
If you are a Paisley homeowner weighing a summer sale, here is the honest read on your position.
On the house side, the market is taking a breather. Prices have softened recently and the 3-month moving average for predicted values ($487,344) is sitting above the current predicted value of $479,991 - a sign of a slight downward drift. That said, 60-day selling times and a growth rank of 140 out of 285 mean Paisley is not a slow market. You are not in trouble. But pricing sharp matters more right now than it did six months ago. Buyers are negotiating - that 95.78% sale-to-list ratio tells you they are landing about 4% below asking on average.
On the condo side, the story is more encouraging. A top-51 growth rank, 26-day average selling time, and a predicted value that is trending upward are all green lights for a seller. If you own a condo in Paisley and have been sitting on the fence, the data suggests conditions are working in your favour right now.
Either way, the first move is simple - check your HonestDoor Price before you call an agent, set a list price, or make any assumptions based on your last tax notice. The city's number and the real-world number are not the same thing in Paisley right now, and knowing the difference could be worth tens of thousands of dollars to you.
- House sellers: Price carefully - buyers are paying about 4% below list on average
- Condo sellers: Conditions look strong - fast sales and rising predicted values
- All owners: Your HonestDoor Price is running $23,703 below the average city assessment for houses - know the real number before you act
- Rental investors: A 5.67% yield on houses and 4.18% on condos makes Paisley a solid hold for income-focused owners
- Neighbourhood context: Graydon Hill and Heritage Valley options nearby, but Paisley condos are outpacing both on selling speed
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.