Strathearn, Edmonton - September 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're still going off your city assessment, you're leaving money on the table. The average assessed value here sits at $609,170 - but the average HonestDoor Price tells a different story at $679,077. That's an $69,907 gap. That's a real number that matters when you're deciding whether to sell, refinance, or just figure out where you actually stand.

The Vibe: What's Happening With Houses and Condos Right Now

Let's be straight with each other - the two markets in our neighbourhood are moving in very different directions right now.

Houses: Taking a Breather, But Still Holding Value

The house market in Strathearn is cooling off. One sale this month, an average sale price of $427,500, and listings sitting at $617,000. That gap between what sellers are asking and what buyers are paying is real - homes are selling at about 97.89% of list price, meaning buyers have a bit of room to negotiate. Properties are spending around 28 days on the market, which is actually moderately fast by Edmonton standards - we rank 27th out of 112 neighbourhoods for days on market.

• Average sale price (houses): $427,500
• Average listing price: $617,000
• Price per square foot: $533
• Average days on market: 28
• Sale-to-list ratio: 97.89%
• Predicted market value: $688,774
• Estimated monthly rent: $3,118
• Rental yield: 5.33%
• Growth rank: 101 out of 291 Edmonton neighbourhoods

That 5.33% rental yield is genuinely strong. If you're a house owner here who's been on the fence about renting out your property, that number is worth paying attention to.

Condos: The Honest Picture

We won't sugarcoat it - the condo side of Strathearn is under pressure. The HonestDoor Price for condos is $233,256, down 0.33% from last period, and the predicted market value of $234,040 is actually trending below the 3-month moving average of $243,847. Property values have shifted -4.85% recently, and the growth rank sits at 255 out of 302 neighbourhoods. That puts us in the bottom tier for condo growth in Edmonton right now.

• Average HonestDoor Price (condos): $233,256
• Average sale price: $139,090
• Price per square foot: $214
• Predicted market value: $234,040
• 3-month moving average: $243,847
• Estimated monthly rent: $1,258
• Rental yield: 4.25%
• Growth rank: 255 out of 302 Edmonton neighbourhoods
• Price rank: 189 out of 216 - among the most affordable in Edmonton

For condo owners, the rental yield of 4.25% is moderate - not bad, but not the standout number that house owners are seeing. If you're holding a condo here, knowing your real current value matters more than ever.

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

Here's the thing about city assessments - they're a snapshot from the past. The city looks at sales data from months ago, runs it through their formula, and mails you a number. By the time it lands in your mailbox, the market has already moved.

The HonestDoor Price is updated in real time. For Strathearn houses, it's sitting 11.48% higher than the average assessed value across Edmonton. That's not a small rounding error - that's the difference between knowing what your home is actually worth today versus what a government spreadsheet said it was worth six months ago.

With 622 properties assessed in Strathearn this year and 46 total transactions in 2026, there's enough real sales activity here to make that HonestDoor Price meaningful. It's not a guess. It's built on what neighbours' homes are actually selling for.

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

If you're a house owner in Strathearn and you're thinking about listing this summer, here's the honest read:

The market is softer than it was. One sale this month and a 21% drop in average sale price from last month tells you buyers have options and they know it. But - and this matters - the predicted market value of $688,774 is actually creeping up past the 3-month moving average. The neighbourhood growth rate of 0.08% year over year puts us ahead of both Bonnie Doon (0.06%) and Cloverdale (0.04%). Holyrood is growing slightly faster at 0.10%, but their HonestDoor Price for houses is $607,574 - well below our $679,077.

The play for sellers right now is pricing sharp. Homes are selling at 97.89% of list - which means overpricing by even 5% will cost you time and negotiating leverage. Price it right from day one, and 28 days to a sale is very achievable.

For condo owners, the summer picture is tougher. Values are sliding, and you're competing in a market where Strathearn condos are among the most affordable in Edmonton - which sounds good until you realize it also means buyers have cheaper options nearby. If selling is on your radar, sooner is probably better than later while you wait to see if values stabilize.

Either way - house or condo - check your HonestDoor Price before you do anything else. It's the real-world number, not the city's best guess from last year.

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.