Rossdale, Edmonton - July 2026 Real Estate Report

Rossdale Real Talk: Your House Is Worth More Than the City Thinks

If you own a home in Rossdale and you're still looking at your city assessment to figure out what your place is worth, it's time to get a second opinion. The numbers on the ground tell a different story - and for house owners especially, it's a pretty good one.

The Vibe: Houses vs. Condos - Two Very Different Markets Right Now

Houses

We're seeing real momentum on the house side. The average sale price hit $830,000 this month, up 23% from last month. Yes, that's one sale, so take the monthly swing with a grain of salt - but the direction is clear. The HonestDoor Price for Rossdale houses sits at $681,055, up from a 3-month moving average of $670,273, which tells us the trend is pointing in the right direction.

• Average sale price: $830,000 (up 23% from last month)
• Average list price: $850,000
• Price per square foot: $830
• Sold-to-list ratio: 97.65% - buyers are getting a slight discount
• Average days on market: 22 days
• Estimated monthly rent: $3,148
• Rental yield: 5.32%

Twenty-two days on market is fast. Our days-on-market rank is 21 out of 103 neighbourhoods in Edmonton - that puts us near the top of the "sells quickly" list. And on the neighbourhood leaderboard for growth, Rossdale houses rank 63 out of 302 Edmonton neighbourhoods. That's solidly above average. We're not leading the pack, but we're ahead of most of the city.

Condos

The condo side is a different conversation. One sale at $153,900, sitting at list price, after 225 days on market. That's a long time to wait. For comparison, Downtown condos are moving in 163 days - and that's not exactly fast either. The HonestDoor Price for Rossdale condos is $421,194, but it has dipped 1.12% recently, and the 3-month trend is also softening slightly.

• Average sale price: $153,900
• Price per square foot: $165
• Sold-to-list ratio: 100% - no wiggle room for buyers
• Average days on market: 225 days
• Estimated monthly rent: $1,871
• Rental yield: 4.06%

On the neighbourhood leaderboard, Rossdale condos rank 187 out of 296 for growth - that's below average. The days-on-market rank is 102 out of 108, which means condos here are among the slowest-selling in the city right now. The condo market in Rossdale is taking a breather, and sellers need to know that going in.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now

Here's the thing about city assessments - they're a snapshot from the past. The average assessed value for a Rossdale house is $667,194. The HonestDoor Price is $701,542. That's a $34,348 gap, and the HonestDoor Price is already 5.15% higher than the city's number. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - using a stale assessment could cost you real money.

The HonestDoor Price updates in real time using actual market activity. The city assessment does not. For Rossdale houses, the HonestDoor Price has increased 3.36% from the previous period. That's the kind of current, real-world data that actually reflects what a buyer would pay today - not what a city appraiser thought your home was worth months ago.

For condo owners, the picture is more nuanced. The assessed value is $258,342, but the HonestDoor Price is $421,194 - a massive 63% gap. Even with the recent 1.12% dip, the HonestDoor Price is still far closer to real-world value than the city's number. Knowing this matters if you're thinking about your next move.

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

If you own a house in Rossdale, this summer has some things working in your favour. Prices are up, days on market are low, and we rank in the top quarter of Edmonton neighbourhoods for how quickly homes sell. The rental yield of 5.32% also means buyers who are investors are paying attention to this neighbourhood - that's extra demand in your corner.

The honest advice: price it right and it will move fast. The sold-to-list ratio of 97.65% tells us buyers are negotiating a little, so padding your list price with a big buffer is likely to backfire. Come in sharp and you'll find a buyer quickly.

If you own a condo in Rossdale and you're thinking about selling this summer, go in with realistic expectations. Two hundred and twenty-five days on market is the current reality. Nearby Strathcona condos are selling for more ($183,765 average vs. $153,900 here), which means buyers have options. If you need to sell, price it to compete - not to hope. If you can wait, watch the market for signs of a turn before listing.

Either way, pull your HonestDoor Price before you do anything else. It's the most current read on what your Rossdale property is actually worth - and in a market moving this fast, current is everything.

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.