Silver Berry, Edmonton - July 2026 Real Estate Report

Silver Berry Real Talk: Two Very Different Markets Are Running Side by Side Right Now

If you own property in Silver Berry and you haven't checked your numbers lately, you're probably working off stale information. Here's what's actually happening on the ground - and it depends a lot on what type of property you own.

The Vibe: Houses vs. Condos - Pick Your Side

We're seeing a split market in Silver Berry right now, and it's pretty sharp. Houses and condos are not telling the same story at all.

Houses - Taking a Breather

The house market is cooling off. Average sale prices sit at $405,000, but that's down 9.5% from last month. Only 6 homes sold, which is 14.3% fewer than the month before. Buyers are getting deals - homes are selling at 97.09% of list price, meaning sellers are giving a little ground. Properties are sitting for an average of 29 days before moving. On the neighbourhood leaderboard, Silver Berry houses rank 160 out of 302 for growth - that's below average for Edmonton. If you're a buyer, this is your window.

• Average sale price: $405,000 (down 9.5% month over month)
• Average list price: $385,575
• Price per square foot: $384
• Sale-to-list ratio: 97.09% - buyers are winning negotiations
• Average days on market: 29
• Properties sold this month: 6
• Predicted market value: $467,603
• Rental yield: 5.70% - that's a strong return if you're holding

Condos - Full Send

Flip to the condo side and we're in a completely different conversation. Condos are flying. Average sale prices hit $250,600 - up 11.4% from last month. Buyers paid 102.13% of list price, meaning people are going over asking to win. Properties are gone in an average of 10 days. On the neighbourhood leaderboard, Silver Berry condos rank 3 out of 108 for days-on-market speed - that's elite. Growth ranks 113 out of 296, putting us above average in Edmonton. If you own a condo here, you have serious leverage right now.

• Average sale price: $250,600 (up 11.4% month over month)
• Average list price: $239,900
• Price per square foot: $426
• Sale-to-list ratio: 102.13% - sellers are winning
• Average days on market: 10
• Properties sold this month: 4
• Predicted market value: $244,337
• Rental yield: 4.28% - moderate but steady

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on formulas that don't know your street, your renovations, or what sold three doors down last week. It's not wrong, it's just slow.

The HonestDoor Price updates in real time. For houses in Silver Berry, the average HonestDoor Price is $474,079 - that's 1.12% higher than the average city assessment of $468,829. It's also up 1.38% from the previous period. That gap might not sound huge, but on a home worth nearly half a million dollars, it's real money sitting on the table that a static assessment won't show you.

For condos, the story flips. The average HonestDoor Price is $242,863, which is actually 3.32% lower than the city's assessed value of $251,213. If you're a condo owner pricing your home off the assessment alone, you could be starting a conversation in the wrong place. The HonestDoor Price is your real-world check - use it.

Silver Berry has 2,037 houses and 504 condos assessed this year. That's a lot of neighbours who may be looking at the wrong number right now.

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

Your answer depends entirely on what you own.

If you own a condo, summer looks good for you. Demand is high, buyers are competing, and properties are moving in under two weeks. Pricing sharp and listing soon puts you in the driver's seat. Silver Berry condos are also beating nearby Bisset ($208,500 average sold price) by a solid margin - we're the stronger market in this pocket of the city.

If you own a house, take a breath before rushing. Prices dipped last month, fewer homes sold, and buyers are negotiating below list. That doesn't mean don't sell - it means be smart about it. Your HonestDoor Price of $474,079 gives you a realistic anchor. Pricing at or just below that, with a clean presentation, keeps you competitive. Homes ranked 18th in Edmonton for total transactions in 2026 - Silver Berry still moves product, it's just a bit more patient right now.

Either way, the worst move is pricing off a number that's already old. Check your HonestDoor Price first, then have the conversation about timing. That's how neighbours here make smart calls.

• Silver Berry neighbourhood growth: 0.06% year over year
• Total 2026 transactions: 73 houses, 23 condos
• Transaction volume rank in Edmonton: 18th - this neighbourhood sells
• Average rental estimate: $2,408 for houses, $1,319 for condos
• Nearby check - Wild Rose HD Price: $540,054 - we're priced below our neighbours to the north

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.