Strathearn, Edmonton - August 2026 Real Estate Report

Strathearn Real Talk: Your Home Is Worth More Than the City Thinks

If you own a home in Strathearn and you have not looked at your HonestDoor Price lately, here is the short version: the city says your house is worth one thing, the real market says something quite different. That gap is worth knowing about.

The Vibe: What Is Actually Happening in Strathearn Right Now

Strathearn is a neighbourhood that does not make a lot of noise, but the numbers are solid. We have 622 assessed properties here, 43 house transactions recorded in 2026, and a market that is moving - just not in a frantic way. Think steady, not sleepy.

Houses - The Stable Play

• Average HonestDoor Price: $688,774
• Average assessed value: $609,170
• That gap: $79,604 - money the city is not counting yet
• Recent sale price average: $541,375
• Current listings averaging: $617,000
• Price per square foot: $496
• Average days on market: 28
• Sale-to-list ratio: 97.89% - buyers are negotiating, not overpaying
• Predicted market value: $684,146 - up from the 3-month average of $678,519
• Rental yield: 5.33% - that is a strong return for a house
• Estimated monthly rent: $3,111
• Growth rank: 140 out of 292 Edmonton neighbourhoods - above average
• Days-on-market rank: 27 out of 108 - these homes sell relatively fast
• Price rank: 104 out of 285 - above average value in the city

Houses here are in a stable buyers market right now. That means buyers have a little room to breathe, but sellers are still getting close to asking - within about 2%. Properties are not sitting forever either. A 28-day average is respectable. We are not in a frenzy, but we are not stalled out either.

Condos - The Honest Picture

• Average HonestDoor Price: $234,040 - down 4.85% from the previous period
• Predicted market value: $245,971
• 3-month moving average: $249,431 - values are dipping slightly
• Average sale price: $139,090
• Price per square foot: $214
• Estimated monthly rent: $1,316
• Rental yield: 4.23% - moderate, not spectacular
• Growth rank: 250 out of 302 Edmonton neighbourhoods - bottom tier right now
• Price rank: 185 out of 218 - among the most affordable condos in the city
• 2026 transactions: 34

We will be straight with you on condos. The HonestDoor Price has slipped 4.85% recently, and the predicted value is trending below the 3-month average. Compared to nearby Bonnie Doon condos at $284,399, Strathearn condos are sitting lower. If you own a condo here and are thinking about selling, timing matters more right now than it does for house owners.

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

Here is the thing about city assessments - they are a snapshot from the past. The city looks at sale data from a specific window, runs its formula, and lands on a number. That number then sits there until the next assessment cycle. It does not update when the market moves.

The HonestDoor Price is a real-world check. It pulls from current market activity and updates continuously. For Strathearn houses, the HonestDoor Price of $688,774 sits 13.07% above the average city assessment of $609,170. That is not a rounding error. That is nearly $80,000 that the city's static number is leaving on the table.

If you are making any financial decision - refinancing, selling, even just understanding your net worth - the assessment alone is not enough. The HonestDoor Price is where the real conversation starts.

The So What: Should You Sell in Strathearn This Summer?

For house owners, the case is reasonable. Values are ticking up - the predicted value of $684,146 is climbing past the 3-month average of $678,519. The neighbourhood growth rate of 0.68% is moving in the right direction. You are ranked above average in Edmonton for both price and growth. Buyers are active enough that homes are selling in about 28 days and landing within 2% of list price. That is a functional market, not a fire sale environment.

Compare that to your neighbours. Cloverdale houses are averaging $736,011 on HonestDoor but growing slower at 0.04%. Holyrood is cheaper at $626,655 but growing faster at 0.10%. Strathearn sits in a comfortable middle ground - priced well, growing steadily, and holding its own on the Edmonton leaderboard.

For condo owners, the honest advice is to watch the next 60 to 90 days closely. The dip in HonestDoor Price and the below-average growth rank suggest this is not the peak moment. If you need to sell, price it sharp. If you can wait, it may be worth doing so.

Bottom line: Strathearn is not the flashiest neighbourhood on the Edmonton board, but house owners here are sitting on real equity that the city has not caught up to yet. Check your HonestDoor Price, know your number, and make your move with the full picture in hand.

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.