Secord, Edmonton - August 2026 Real Estate Report

Secord, Edmonton: Your Neighbour Just Got a Better Price Than the City Thinks

If you own a home in Secord and you're still going off your city assessment, you're probably leaving money on the table - or at least working with a number that doesn't reflect what's actually happening on your street right now. Here's the real picture.

The HonestDoor Price vs. Your Assessment

The city assessed the average Secord house at $532,271. The HonestDoor Price puts it at $538,526. That's a $6,255 gap - and it matters. Your tax assessment is a snapshot from months ago. The HonestDoor Price pulls from real-world sales data happening right now. It's the number a serious buyer is actually thinking about, not the one the city mailed you in January.

For condos, the story flips. The city assessed the average Secord condo at $309,580, but the HonestDoor Price sits at $288,358 - about 6.86% lower. If you're a condo owner pricing based on your assessment, you could be setting expectations too high before you even list.

The Vibe: Houses vs. Condos in Secord Right Now

These two property types are telling very different stories in our neighbourhood. Let's break them down.

Houses - Holding Steady With Some Muscle

We saw 14 house sales this period. That's down 36.4% from last month, which sounds alarming, but the price trend is actually moving in the right direction. The average sale price hit $542,296 - up 4.2% from last month. Homes are sitting on the market for an average of 94 days, so patience is part of the game right now.

• Average sale price: $542,296 (up 4.2% from last month)
• Average list price: $555,443
• Price per square foot: $295
• Sale-to-list ratio: 97.60% - buyers are negotiating, but not by much
• Average days on market: 94 days
• Predicted market value: $542,039
• 3-month moving average: $535,622 - values are trending up
• Rental yield: 5.56% - strong returns for investors
• Estimated monthly rent: $2,690
• Growth rank: 60 out of 292 neighbourhoods in Edmonton - top tier

That growth rank is worth highlighting. Sitting at 60 out of 292 puts Secord houses in the top quarter of Edmonton neighbourhoods for value growth. On the neighbourhood leaderboard, we're punching well above average. The predicted value of $542,039 also edges out nearby Webber Greens at $485,899, which tells us Secord houses are holding a real pricing advantage over some of our closest neighbours.

Condos - Taking a Breather

The condo side of Secord is a different conversation. Only 1 condo sold this period, and the predicted market value of $291,874 is actually dipping below the 3-month moving average of $294,626. Values have shifted -1.73% recently, and the growth rank of 230 out of 302 puts us in below-average territory for Edmonton condos right now.

• Average sale price: $326,000
• Average list price: $329,900
• Price per square foot: $251
• Sale-to-list ratio: 98.82% - very close to asking
• Average days on market: 23 days - one of the fastest in Edmonton (rank 17 out of 111)
• Predicted market value: $291,874
• Rental yield: 4.20% - moderate but workable
• Estimated monthly rent: $1,565
• Growth rank: 230 out of 302 - below average right now

Here's the interesting wrinkle - even though condo values are softening, they're selling fast. A days-on-market rank of 17 out of 111 means when a Secord condo hits the market, it moves. Buyers are still showing up. They're just not paying assessment-level prices.

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

Your city assessment gets updated once a year. The market doesn't wait for that schedule. In the time between assessments, prices can shift, sales can spike or slow, and your property's real-world value can drift significantly from what the city has on file.

The HonestDoor Price is recalculated continuously using actual transaction data - the 123 property transactions that happened in Secord in 2026 alone, across 3,263 assessed properties. It's not a guess. It's a live read on what buyers are actually paying in our neighbourhood right now.

For house owners, the HonestDoor Price of $538,526 is running $6,255 ahead of the city's number. For condo owners, it's running $21,222 below the assessment. Either way, you need to know which direction your number is pointing before you make any decisions.

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

If you own a house in Secord and you're thinking about listing this summer, the timing has some real upside. Prices are up month-over-month, the predicted value is climbing above the 3-month average, and our growth rank of 60 out of 292 means buyers searching Edmonton are landing on neighbourhoods like ours. The 94-day average on market means you need to price it right from day one - not high hoping to negotiate down. Buyers here are paying 97.60% of list, so the gap between your ask and the sale price is real.

If you own a condo in Secord, the picture calls for more care. Values are softening and the growth rank puts us near the bottom third of Edmonton condos. The good news is that condos are still selling quickly - 23 days on average. If you price it accurately using the HonestDoor Price rather than the inflated assessment, you stand a solid chance of a fast sale before the summer market shifts again.

Compared to our neighbours, Rosenthal and Webber Greens are both priced slightly higher on the house side. That means Secord is still an entry point for buyers who want this part of west Edmonton - and that buyer demand is what keeps our sales moving even when the broader market takes a breath.

Bottom line: check your HonestDoor Price before you do anything else. It's the most current read on what your home is actually worth - not what the city decided it was worth last January.

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.