Paisley, Edmonton - September 2026 Real Estate Report

Paisley, Edmonton: Your Neighbour Just Got a Reality Check on Their Home Value

If you own a home in Paisley and you're still relying on your city assessment to know what your place is worth, it's time for a straight conversation. The numbers on paper and the numbers in the real world are not the same right now - and that gap matters more than most people realize.

The Vibe: What's Actually Happening in Paisley Right Now

Let's break it down by property type, because houses and condos are telling two very different stories in our neighbourhood this year.

Houses - A Strong Pulse, But Watch the Details

If you've been watching the "For Sale" signs in Paisley, here's what's actually happening with houses. The average sale price hit $538,100 this period - up 22.9% from last month. That sounds like a headline, but context matters. Only 5 houses sold, so a couple of higher-priced deals can move that number fast. Still, properties are selling at 100% of list price on average. Sellers are not giving ground.

• Average sale price: $538,100 (up 22.9% from last month)
• Average list price: $415,000
• Price per square foot: $282
• Sold at list price: 100%
• Average days on market: 53 days
• Properties sold this period: 5 (up 25% from last month)
• Predicted market value (HonestDoor): $489,475
• Estimated monthly rent: $2,461
• Rental yield: 5.65%

The 53 days on market is worth noting. Houses are not flying off the shelf overnight, but the days-on-market rank of 51 out of 112 Edmonton neighbourhoods puts us in moderately fast-selling territory. We are not the slowest block on the leaderboard, not even close.

On the neighbourhood leaderboard, Paisley houses rank 203 out of 291 for growth. That puts us in below-average territory for price appreciation right now. The market is not in freefall - it's taking a breather. But if you're expecting your house to be your retirement plan on autopilot, the data says pay attention.

Condos - Fast Sales, But Values Are Sliding

The condo story in Paisley is a bit different. Only 1 condo sold this period at $269,000, and buyers paid 97.82% of list price - meaning sellers gave a little to close the deal. That's a buyers' market signal. The good news? Condos here sell fast. Our days-on-market rank is 21 out of 112 Edmonton neighbourhoods. That is genuinely impressive speed.

• Average sale price: $269,000
• Average list price: $275,000
• Price per square foot: $327
• Sold vs. list price: 97.82%
• Average days on market: 26 days
• Properties sold this period: 1
• HonestDoor Price: $313,287 (up 2.33% from previous period)
• Estimated monthly rent: $1,640
• Rental yield: 4.18%

The condo HonestDoor Price is actually up 2.33% - a small but real positive move. The predicted value of $306,146 is, however, trending down from the 3-month moving average of $312,066. Values have shifted -4.25% recently, and the growth rank sits at 241 out of 302 Edmonton neighbourhoods. That's a number condo owners should not ignore.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here's the thing about your city tax assessment. It's a snapshot from months ago, calculated using broad formulas across thousands of properties. It does not know what sold on your street last Tuesday. It does not adjust for the fact that buyer demand shifted this spring. It is, by design, a lagging indicator.

The HonestDoor Price is the real-world check. For Paisley houses, the average assessed value sits at $501,988 - but the HonestDoor Price is $479,991. That's a $21,997 gap, and the HonestDoor Price is 4.38% lower than the city average assessment. If you're pricing a sale based on your assessment, you may be starting the conversation in the wrong place entirely.

For condos, the HonestDoor Price of $313,287 is your most current read on what the market thinks your unit is worth - updated far more frequently than any government document you'll get in the mail.

With 1,007 properties assessed in Paisley this year and 44 total transactions recorded in 2026, there is real data behind these numbers. This is not a guess. It's a live calculation built on actual local activity.

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

If you're a Paisley homeowner eyeing a summer sale, here's the honest read.

For house sellers, the conditions are not bad. Buyers are paying full list price, and sales volume is ticking up. But 53 days on market means you need to price it right from day one - not based on your assessment, and not based on what your neighbour thinks their place is worth. Price it at or just below the HonestDoor Price and you're starting from an honest position. Price it above and you may sit.

For condo sellers, speed is your friend here - 26 days on market is fast for Edmonton. But values are under some pressure, down 4.25% recently. If you need to sell, move now while buyer activity is still there. Waiting for values to recover is a gamble the data does not currently support.

Neighbourhood growth in Paisley is running at 0.10% year over year. That's not a number that makes headlines, but it's stable. Compare that to nearby Graydon Hill at 0.05% growth with a higher HonestDoor Price of $524,552 for houses, and Paisley actually holds its own on the value-for-money front.

• Paisley house HonestDoor Price: $479,991
• Graydon Hill house HonestDoor Price: $524,552
• Paisley condo HonestDoor Price: $313,287
• Graydon Hill condo HonestDoor Price: $404,264
• Neighbourhood growth (overall): 0.10% year over year
• Total 2026 transactions: 44

Bottom line - Paisley is not the hottest block in Edmonton right now, but it's not struggling either. If you're selling, get your HonestDoor Price first. It's the number that reflects today, not last year. Everything else is just paperwork.

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.