Potter Greens, Edmonton - August 2026 Real Estate Report

Potter Greens, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Potter Greens and you have not checked your HonestDoor Price lately, you are probably leaving money on the table. The city's assessment says one thing. The real market is saying something different - and the gap is worth knowing about.

The Vibe: What's Actually Happening on Our Streets

Potter Greens is a neighbourhood where houses are moving fast and condos are sitting a little longer. Here is the honest breakdown for both.

Houses: Still a Sellers' Game

Houses in Potter Greens are holding their ground. The average sale price is sitting at $490,000, and sellers are getting 101.81% of their asking price. That means buyers are paying above list. In this market, that is not nothing.

• Average sale price: $490,000
• Average list price this month: $639,900
• Price per square foot: $480
• Average days on market: 20
• Sale-to-list ratio: 101.81% - buyers are paying over asking
• HonestDoor predicted value: $621,790
• Estimated monthly rent: $3,012
• Rental yield: 5.40%

Twenty days on market is quick. Our days-on-market rank is 19 out of 108 Edmonton neighbourhoods - that puts us near the very top of the fast-selling list. Compared to nearby Suder Greens where houses are selling in 13 days, we are taking a slight breather, but we are still well ahead of most of the city.

On the neighbourhood leaderboard, Potter Greens houses rank 158 out of 292 for growth. That is below average, which is worth watching. But the price rank tells a better story - 113 out of 285, meaning we are above average in value compared to most Edmonton neighbourhoods.

Condos: Premium Price, Slower Pace

Condos in Potter Greens are a different story. We have one of the most expensive condo markets in the entire city - ranked 4th out of 218 Edmonton neighbourhoods on price. That is a top-tier stat. But condos are taking longer to move.

• Average sale price: $700,000
• Average list price this month: $679,000
• Price per square foot: $422
• Average days on market: 56
• Sale-to-list ratio: 97.20% - buyers are negotiating below asking
• HonestDoor predicted value: $557,322
• Average HonestDoor Price: $568,120 - up 1.94% from last period
• Estimated monthly rent: $2,767
• Rental yield: 3.73%

Fifty-six days on market and selling below list price - that is a buyers' market signal. Condo buyers here have some negotiating room right now. If you are a condo owner thinking about selling, pricing strategy matters more than it did six months ago. On the neighbourhood leaderboard, condos rank 152 out of 302 for growth - below average. But that top-4 price ranking means the asset itself is still premium.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here is the thing about your city assessment. It is a snapshot taken months ago, based on data that is already old by the time it lands in your mailbox. It does not know what sold on your street last Tuesday. It does not adjust for what buyers are actually paying right now.

The HonestDoor Price is updated in real time. For houses in Potter Greens, the average HonestDoor Price is $622,915 - that is 2.80% higher than the average city assessment of $605,954. On a home worth over $600,000, that gap is roughly $17,000. That is real money that a static government number is not capturing.

The condo HonestDoor Price jumped 1.94% just from the previous period alone. If you are basing any financial decision - refinancing, selling, even just knowing your net worth - on your tax assessment, you are working with a number that is already behind.

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

If you own a house in Potter Greens and you are thinking about listing this summer, the conditions are still in your favour. Buyers are paying over asking. Properties are moving in under three weeks. The HonestDoor Price is trending up, and at $622,915 on average, you have real equity to work with.

Compare that to your neighbours in Breckenridge Greens ($520,263), Suder Greens ($532,809), and Webber Greens ($563,013) - Potter Greens houses are priced above all of them. If a buyer is shopping the west end, we are the premium option. That positioning matters when you are setting your list price.

If you own a condo, the summer play is trickier. You are sitting on one of the most valuable condo assets in Edmonton by price rank, but the market is taking its time. Pricing it right from day one - not chasing a number and dropping later - is the move. A 56-day sit with a price cut looks worse to buyers than a sharp price that closes in 30.

Either way, the first step is knowing what your home is actually worth today - not what the city decided it was worth last year. Check your HonestDoor Price at HonestDoor.com. It takes about 30 seconds and it is free.

Potter Greens by the Numbers - Quick Snapshot

• Total properties assessed: 496
• Total 2026 transactions (houses + condos): 18
• Neighbourhood year-over-year growth: 0.06%
• Average assessed value: $605,954
• Average HonestDoor Price (houses): $622,915 - up 0.18%
• Average HonestDoor Price (condos): $568,120 - up 1.94%
• Average rental estimate (houses): $3,017/month
• Average rental estimate (condos): $2,808/month
• House rental yield: 5.40% - strong
• Condo rental yield: 3.73% - moderate
• Edmonton assessed value rank: 62nd

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.