Rhatigan Ridge, Edmonton - July 2026 Real Estate Report

Rhatigan Ridge Real Talk: Your Home Is Worth More Than the City Thinks

If you own a home in Rhatigan Ridge and you have not checked your HonestDoor Price lately, you are leaving real money on the table. The city's average assessed value sits at $727,110 - but the average HonestDoor Price is $781,803. That is a $54,693 gap, and it matters more than most people realize.

The Vibe: What Is Actually Happening in Our Neighbourhood

Rhatigan Ridge is a well-established, higher-priced corner of Edmonton. With 1,091 properties assessed this year and 27 transactions recorded in 2026, we are not a high-turnover neighbourhood - and that is part of what keeps values stable here. Let's break it down by property type.

Houses: Fast-Moving, But Watch the Volume

If you have been watching the "For Sale" signs on our streets, here is what is actually happening with houses right now.

• Average sale price: $577,500 - up 8.5% from last month
• Average list price this month: $590,000
• Price per square foot: $417
• Homes are selling at 97.88% of list price - buyers are getting a slight discount
• Average days on market: 12 - ranking 11th out of 103 Edmonton neighbourhoods for speed
• Only 1 house sold this month, down 50% from last month
• HonestDoor predicted value for houses: $761,815
• Estimated monthly rent: $3,470 with a 5.14% rental yield
• House growth rank: 207 out of 302 Edmonton neighbourhoods
• House price rank: 75 out of 285 - solidly above average

The speed is real - when a house hits the market here, it moves in under two weeks. But with only one sale this month, we are working with a thin sample. The bigger story is the HonestDoor predicted value of $761,815 trending up from a 3-month moving average of $759,014. Values are quietly climbing. Our sale prices are also running higher than nearby Falconer Heights, where houses are selling around $508,000.

Condos: Priced High, Selling Fast, But Taking a Breather

The condo side of Rhatigan Ridge tells a slightly different story this month.

• Average sale price: $398,250 - down 6.3% from last month
• Average list price this month: $425,000
• Price per square foot: $226
• Condos sold at exactly 100% of list price
• Average days on market: 10 - ranking 3rd out of 108 Edmonton neighbourhoods for speed
• 2 condos sold this month
• HonestDoor predicted value for condos: $374,967
• Estimated monthly rent: $1,974 with a 4.07% rental yield
• Condo growth rank: 171 out of 296 Edmonton neighbourhoods
• Condo price rank: 20 out of 220 - among the most expensive in Edmonton
• Average HonestDoor Price for condos: $393,328 - up 4.90% from the previous period

Our condos are taking a small breather on price this month, but context matters here. A price rank of 20th out of 220 Edmonton neighbourhoods means we are still sitting near the top of the condo market in this city. And that days-on-market rank of 3rd out of 108? Condos here do not sit. When one lists, it goes.

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

Here is the honest truth about Edmonton's annual property assessment. It is a snapshot taken months in the past, using data that was already old when they calculated it. The city's average assessed value for Rhatigan Ridge is $727,110. The average HonestDoor Price is $781,803. That is 7.52% higher - and it reflects what the market is doing right now, not what it was doing when a government formula last ran the numbers.

Think of the HonestDoor Price as your real-world check. It updates in real time using actual sales data from our neighbourhood and the ones around us. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to start with. The assessment is what the city uses for taxes. The HonestDoor Price is what a buyer would actually pay.

For houses, that predicted value of $761,815 is already trending upward. For condos, the HonestDoor Price of $393,328 is up 4.90% from the previous period. Both are moving in the right direction, even if the month-to-month sale data has some noise in it.

The So What: Should You Sell in Rhatigan Ridge This Summer?

If you are thinking about listing this summer, here is the straight talk.

On the house side, the conditions are genuinely good. Homes are selling in 12 days on average. Prices are up 8.5% month over month. The HonestDoor predicted value is rising. The one real caution is volume - only one house sold last month, so the percentage swings look dramatic. More listings coming to market this summer will give us a clearer picture, but right now, low supply and fast sales is a combination that favours sellers.

On the condo side, you are working with a top-20 price ranking in all of Edmonton and a days-on-market rank of 3rd out of 108. That means buyers are paying attention to this neighbourhood. The month-over-month price dip is worth watching, but it does not change the fundamental story - Rhatigan Ridge condos are among the fastest-selling and highest-priced in the city.

• Neighbourhood growth rate: 0.03% year over year - steady, not explosive
• Nearby Henderson Estates is slightly pricier at an HonestDoor Price of $881,945 and growing at 0.04%
• Falconer Heights is more affordable at $675,681 and also growing at 0.04%
• River Valley Terwillegar sits at $1,687,450 - a different tier entirely
• Average rental estimate for houses: $3,540 per month
• Average Airbnb estimate: $176 per night - ranking 66th in Edmonton

Bottom line - if you own in Rhatigan Ridge, your asset is performing well. Check your HonestDoor Price today, because the gap between what the city thinks your home is worth and what a buyer would actually pay is significant. That gap is your leverage, and summer is a good time to use it.

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.