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      South Edmonton Common, Edmonton - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Edmonton, South Edmonton Common

      South Edmonton Common, Edmonton: What's Actually Happening With Home Values Right Now

      The Vibe on the Ground

      If you own a house in South Edmonton Common, here is the short version: values are holding strong at an average HonestDoor Price of $1,305,602, up 2.98% from the previous period. That is not a typo. This neighbourhood is sitting in premium territory, and the numbers back it up. The 3-month predicted value sits at $1,267,825, which is tracking just slightly below that moving average - a sign the market is taking a small breather, not falling off a cliff.

      On the condo side, the story is different. The average HonestDoor Price for condos is $53,350, which has dipped 2.29% recently. That said, the 3-month predicted value of $54,600 is actually ticking up past its moving average of $54,533 - so there is a small recovery signal worth watching.

      The Numbers We Care About

      • House HonestDoor Price: $1,305,602 (up 2.98%)
      • House predicted market value: $1,267,825
      • House estimated rent: $4,384 per month
      • House rental yield: 4.55%
      • House Airbnb potential: approx. $218 per month
      • House growth rank: 62 out of 285 neighbourhoods in Edmonton - that puts us in the above-average tier
      • Condo HonestDoor Price: $53,350 (down 2.29%)
      • Condo predicted market value: $54,600
      • Condo estimated rent: $300 per month
      • Condo rental yield: 4.35%
      • Condo growth rank: 75 out of 297 neighbourhoods - also above average

      How We Stack Up Against the Neighbours

      For houses, Edmonton Research and Development Park is in a completely different price bracket at $3,303,800. Bearspaw comes in at $722,213 and Keheewin at $482,251. South Edmonton Common sits well above both of those, which tells us this is not a starter-home neighbourhood - it is an established, higher-value pocket of the city.

      For condos, the comparison flips. Bearspaw condos average $328,036 and Keheewin condos average $468,524 - both significantly higher than South Edmonton Common's $53,350. If you own a condo here, that context matters when you are thinking about pricing strategy.

      The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

      Here is the thing about your city assessment: it is a snapshot from months ago, built on broad formulas, not your actual street. The HonestDoor Price is updated in real time using current sales data, market movement, and neighbourhood-level signals. When house values in South Edmonton Common are moving - up 2.98% on houses - your assessment is almost certainly behind the curve. That gap between what the city thinks your home is worth and what a buyer would actually pay today? That is money left on the table if you do not know about it.

      Check your HonestDoor Price now. Do not wait for the city to catch up.

      The So What - Thinking About Selling This Summer?

      For house owners, the timing is worth a serious look. A 2.98% gain on a $1.3 million asset is real money. The neighbourhood leaderboard rank of 62 out of 285 means South Edmonton Common is outperforming the majority of Edmonton - that is a strong story to tell a buyer. Rental demand is also healthy at $4,384 per month with a 4.55% yield, which means investors are paying attention too.

      For condo owners, be honest with yourself about the current dip. The 2.29% decrease is not panic-worthy, and the slight uptick in the predicted value is encouraging. But pricing it right from day one matters more in a softer segment. Use your HonestDoor Price as your anchor, not wishful thinking.

      Bottom line - South Edmonton Common is performing well above the Edmonton average. If you have been sitting on the fence about selling, this summer is worth a real conversation.

      south edmonton common | edmonton | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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