Sweet Grass, Edmonton - July 2026 Real Estate Report

Sweet Grass, Edmonton: Your Home Is Worth More Than the City Thinks

If you've been watching the "For Sale" signs on your block and wondering what's actually going on, here's the straight story. Sweet Grass is holding its own in a competitive Edmonton market - and for homeowners, the numbers are more interesting than your last tax notice let on.

The Vibe: Houses vs. Condos

Houses - Slow to Sell, But Prices Are Climbing

We don't have a ton of sales volume right now - 1 house sold recently, and properties are sitting on the market for an average of 110 days. That days-on-market rank is 82 out of 103 Edmonton neighbourhoods, which tells us houses here take longer to move than most of the city. But here's the thing: when they do sell, the average sale price hit $512,000, up 6.3% from last month. That's not nothing.

• Average sale price: $512,000 (up 6.3% from last month)
• Average listing price: $502,500
• Price per square foot: $375
• Sale-to-list ratio: 98.84% - buyers are paying just under asking
• Average days on market: 110
• Predicted market value: $543,680
• Estimated monthly rent: $2,697 with a 5.55% rental yield
• Total house transactions in 2026: 12

That 5.55% rental yield is genuinely strong. If you own a house in Sweet Grass and you're not living in it, renting it out at an estimated $2,697 a month is a solid play. The growth rate ranks 100 out of 302 Edmonton neighbourhoods - that puts us in the above-average tier on the city leaderboard, even if we're not leading the pack.

Condos - Fast Movers at Affordable Prices

The condo story here is a different one. We had 4 condo sales recently, and they're moving in an average of 62 days - much quicker than houses. The days-on-market rank is 48 out of 108, meaning Sweet Grass condos sell faster than most comparable Edmonton neighbourhoods. The trade-off is that values have dipped slightly, down 1.15% recently, and the growth rank sits at 166 out of 296 - below average for the city.

• Average sale price: $142,375 (up 47.9% from last month - driven by a low base, so take that jump with context)
• Average listing price: $101,267
• Price per square foot: $147
• Sale-to-list ratio: 97.33%
• Average days on market: 62
• Predicted market value: $171,288
• Estimated monthly rent: $934 with a 4.31% rental yield
• Total condo transactions in 2026: 31

Sweet Grass condos rank 184 out of 220 Edmonton neighbourhoods on price - meaning we're among the most affordable options in the city. For a first-time buyer or an investor looking for a low entry point, that's actually a feature, not a bug. And at $171,288 predicted value, we're already ahead of nearby Greenfield condos at $151,157.

The Secret Sauce: Your HonestDoor Price vs. That City Assessment

Here's why you should pull up your HonestDoor Price right now instead of waiting for the city to tell you what your home is worth.

The city's assessed value for a Sweet Grass house is $527,001. The HonestDoor Price is $551,442 - that's a $24,441 gap. The HonestDoor Price has also moved up 1.43% from the previous period, while your city assessment is a static snapshot that can be months or even a year behind real market conditions.

For condos, the city says $166,931. HonestDoor says $170,149. The city's number is already 1.93% behind where the real-world market sits.

Government assessments are calculated once a year using broad data. The HonestDoor Price updates in real time using actual transaction data. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the number that reflects what a buyer would actually pay today, not what a spreadsheet said last year.

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

If you own a house in Sweet Grass and you're thinking about listing this summer, here's the honest take. Prices are trending up and your predicted value of $543,680 is above the 3-month moving average of $537,627 - that's momentum in your favour. But 110 days on market means you need to price it right from day one. Buyers here are paying 98.84% of list price, so there's very little room to overprice and then cut.

For condo owners, the faster 62-day average is encouraging. You're in a more liquid market. The slight dip in values (-1.15% recently) is worth watching, but with 31 transactions already in 2026, there's real buyer activity in this segment.

How does Sweet Grass stack up against the neighbours? Blue Quill houses are averaging $745,802 and growing at 0.06% - a much higher price point. Blue Quill Estates sits at $706,261 with 0.08% growth. Greenfield is the closest comparison at $540,554 and 0.05% growth - nearly identical to us. Sweet Grass is priced competitively against its immediate neighbours, which matters when buyers are comparison shopping.

Bottom line: Sweet Grass is not a flashy market right now, but it's a steady one. If you're selling a house, price it sharp and be patient. If you own a condo, the window to move is actually pretty decent. And whatever you do, check your HonestDoor Price before you make any decisions - because the city's number is already leaving money on the table.

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.