Silver Berry, Edmonton - October 2026 Real Estate Report
Silver Berry, Edmonton: Your Neighbour Just Got a Reality Check on Their Home Value
If you own a home in Silver Berry and you're still relying on your city assessment to know what your place is worth, it's time for a real conversation. The numbers on the ground tell a different story - and knowing the difference could matter a lot if you're thinking about making a move this summer.
The Vibe: What's Actually Happening in Our Neighbourhood
Silver Berry is a solid, mid-range Edmonton neighbourhood with 2,037 assessed properties and 101 transactions recorded in 2026. That transaction volume ranks us 19th in all of Edmonton - meaning we're one of the busier neighbourhoods for actual deals getting done. Here's how houses and condos are each playing out right now.
Houses: Prices Are Up, But the Market Is Catching Its Breath
If you've been watching the "For Sale" signs on our streets, here's what's actually happening. The average house sale price hit $460,722 this month - up 9.5% from last month. That's a big jump. But before you pop the champagne, notice that only 9 houses sold, which is down 40% from the month before. Fewer deals, higher prices. That's a market finding its footing, not a runaway train.
- Average sale price: $460,722 (up 9.5% from last month)
- Average list price: $314,900
- Price per square foot: $305
- Sale-to-list ratio: 99.34% - buyers are paying just under asking
- Average days on market: 95 days
- Predicted market value: $464,587
- 3-month moving average: $470,419 - values are dipping slightly
- Rental yield: 5.70% - strong if you're thinking about holding
- Estimated rent: $2,365 per month
- Neighbourhood growth rank: 122 out of 285 Edmonton neighbourhoods
One bright spot for sellers: our houses are moving faster than nearby Bisset, where homes sit for 122 days on average. At 95 days, we're not flying off the shelf, but we're not collecting dust either. Our growth rank of 122 out of 285 puts us in the above-average tier on Edmonton's neighbourhood leaderboard - not leading the pack, but solidly in the top half.
Condos: A Completely Different Story
Condo buyers in Silver Berry are not messing around. The one condo that sold this month went for $245,000 - that's 102.13% of the list price. Buyers paid over asking. It sold in 10 days. That's a sellers' market in the truest sense of the phrase.
- Average sale price: $245,000 (up 16.3% from last month)
- Average list price: $239,900
- Price per square foot: $193
- Sale-to-list ratio: 102.13% - buyers are paying above asking
- Average days on market: 10 days
- Days-on-market rank: 5 out of 113 Edmonton neighbourhoods - near the top
- Predicted market value: $244,353
- Estimated rent: $1,326 per month
- Rental yield: 4.28% - moderate but respectable
- Growth rank: 132 out of 297 Edmonton neighbourhoods
Our condo days-on-market rank of 5 out of 113 is genuinely impressive. That puts us near the very top of Edmonton for condo selling speed. If you own a condo in Silver Berry, the demand is real right now.
The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment
Here's the thing about your city assessment. It's a snapshot from the past. The city assesses your property based on data that's already months old by the time it lands in your mailbox. The HonestDoor Price updates in real time using actual market signals - and right now, those two numbers are telling different stories in Silver Berry.
For houses, the average city assessment is $468,829. The average HonestDoor Price is $462,426 - about 1.37% lower. That gap matters. If you're pricing a listing based on your assessment, you might be starting from the wrong number. For condos, the gap is even wider. The average assessment is $251,213, but the HonestDoor Price is $235,769 - a difference of over $15,000. The condo HonestDoor Price has also dropped 3.51% from the previous period, which is a signal worth paying attention to.
The HonestDoor Price is your real-world check. It's what the market is actually saying your home is worth today - not what a government formula calculated last year.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Silver Berry and you're considering listing this summer, the window is open but it's not wide open. Prices are up month-over-month, but the 3-month moving average of $470,419 is higher than the current predicted value of $464,587. That means values have softened slightly from their recent peak. Selling sooner rather than later could work in your favour before that gap widens.
If you own a condo, the urgency is higher. Condos are selling in 10 days and buyers are paying over asking. That kind of demand does not last forever. If you've been on the fence, this is the market condition you were waiting for.
Either way, start with your HonestDoor Price - not your assessment notice. It's the number that reflects what a real buyer would actually pay for your home today. Check it at HonestDoor.com before you call an agent, set a price, or make any decisions. Your neighbours already are.
silver berry | edmonton | october 2026This 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.