Strathearn, Edmonton - October 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, you are leaving real money on the table. The city's assessment says the average house here is worth $609,170. The HonestDoor Price says $678,827. That is a $69,657 gap - and that gap matters when you are making decisions about selling, refinancing, or just knowing where you actually stand.
The Vibe: What Is Happening With Houses Right Now
We are in a market that is taking a breather. House values in Strathearn sit at a predicted $679,077, which is down slightly from the 3-month moving average of $683,999. Property values have dipped 1.41% recently. That is not a crash - it is a nudge. But it is worth paying attention to.
Here is the part that still looks strong: only 2 houses sold this month, but they moved in an average of 28 days and sellers got 97.89% of their asking price. Buyers are paying close to list. That tells us demand has not fallen off a cliff - supply is just tight.
- Average HonestDoor Price (Houses): $678,827
- Predicted Market Value: $679,077
- 3-Month Moving Average: $683,999
- Average Sale Price This Month: $1,552,500
- Price Per Square Foot: $1,531
- Average Days on Market: 28
- Sale-to-List Ratio: 97.89% - buyers market territory
- Rental Yield: 5.35% - strong returns for landlords
- Estimated Monthly Rent: $3,074
- Neighbourhood Growth (Year Over Year): 0.08%
On the Edmonton leaderboard, Strathearn houses rank 34 out of 285 for price - putting us among the most expensive neighbourhoods in the city. Growth ranks 99 out of 285, which is above average. Days-on-market ranks 27 out of 116, meaning our homes sell faster than most. That is a solid scorecard.
The Vibe: What Is Happening With Condos Right Now
Condos here tell a different story - and honestly, a more interesting one. The average HonestDoor Price for a Strathearn condo is $238,270, and it has gone up 2.15% from the previous period. While houses are softening slightly, condos are quietly climbing.
The catch? Strathearn condos rank 192 out of 218 for price in Edmonton - meaning we are among the most affordable condo options in the city. For investors or first-time buyers, that is actually a feature, not a bug.
- Average HonestDoor Price (Condos): $238,270 - up 2.15%
- Predicted Market Value: $233,256
- 3-Month Moving Average: $237,756
- Average Sale Price: $139,090
- Price Per Square Foot: $214
- Estimated Monthly Rent: $1,255
- Rental Yield: 4.25% - moderate but steady
- Properties Sold This Month: 2
- Total 2026 Transactions: 34
Compared to nearby neighbourhoods, Strathearn condos are the most affordable option. Bonnie Doon averages $280,754, Cloverdale hits $338,228, and Holyrood comes in at $387,897. If you own a condo here and have been wondering whether to sell or hold, the HonestDoor Price trend is pointing up - which changes the math.
The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters
The city assesses 622 properties in Strathearn once a year. That number gets locked in and used for your tax bill. It does not update when the market moves. Right now, the average city assessment is $609,170 - but the average HonestDoor Price is $678,827. That is an 11.43% difference.
Think about what that means. If you are using the city's number to decide whether to sell, refinance, or negotiate, you are working with a figure that is already $69,657 behind reality. The HonestDoor Price pulls from real-time transaction data and updates continuously. It is the real-world check against a static government number that was calculated months ago.
Check your HonestDoor Price now - not when the next assessment arrives in the mail.
The So What: Should You Sell in Strathearn This Summer?
Here is the honest answer: the window is open, but it is not wide open.
Houses are still selling close to list price and moving in under a month. That is a reasonable market for sellers. But values have dipped 1.41% recently and the 3-month trend is softening. Waiting to see if prices bounce back is a gamble - especially with a buyers market signal already showing up in the sale-to-list ratio.
If you are a house owner thinking about selling this summer, the case for moving sooner rather than later is real. You are priced in the top 34 neighbourhoods in Edmonton. Buyers are still showing up. And your HonestDoor Price is sitting nearly $70,000 above what the city thinks your home is worth - use that number when you talk to your agent.
If you own a condo, the story is a bit different. Values are actually ticking up 2.15%. Holding a little longer while that trend continues could make sense - but watch the 3-month moving average. It is still dipping slightly, so keep a close eye on it.
Either way, the smartest move right now is knowing your real number. Not the city's number. Yours.
strathearn | 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.