Tamarack, Edmonton - August 2026 Real Estate Report

Tamarack Real Estate Update: Solid Ground, But the Numbers Are Moving Fast

The Vibe Right Now

If you live in Tamarack and you have not checked your home's value lately, now is the time to pay attention. The neighbourhood is holding steady, but there are some real differences happening between houses and condos that every owner should know about.

Houses: Strong Sales, Rising Prices

Houses in Tamarack are the story this month. The average sale price hit $584,667 - that is up 17.0% from last month. Three homes sold, they averaged 28 days on the market, and buyers paid 97.73% of list price. That means sellers are getting close to what they are asking, and homes are not sitting around collecting dust.

• Average sale price: $584,667 (up 17.0% from last month)
• Average list price this month: $598,267
• Price per square foot: $307
• Average days on market: 28
• Sale-to-list ratio: 97.73%
• Predicted market value: $498,861
• Estimated monthly rent: $2,506
• Rental yield: 5.64%

That 5.64% rental yield is worth flagging. For anyone thinking about holding a Tamarack house as a rental, that is a strong return. The predicted value is also trending up against the 3-month moving average of $496,741, which tells us the momentum is real, not a one-month blip.

On the neighbourhood leaderboard, Tamarack houses rank 27 out of 108 for days-on-market speed across Edmonton. That puts us in the faster-selling tier. Price rank sits at 134 out of 285 - above average for Edmonton. Growth rank is 148 out of 292, which lands us in the middle of the pack. Not a rocket, but not stalling either.

Condos: Taking a Breather

Condos are a different picture. One unit sold this month at $260,000 - down 27.5% from last month. That single-sale sample means we should not read too much into the monthly swing, but the trend is worth watching. Condos are sitting on the market for an average of 105 days, which is slower than houses. The good news? That is still faster than nearby Maple, where condos are averaging 127 days.

• Average sale price: $260,000 (down 27.5% from last month)
• Average list price this month: $268,000
• Price per square foot: $311
• Average days on market: 105
• Sale-to-list ratio: 97.01%
• Predicted market value: $296,424
• Estimated monthly rent: $1,591
• Rental yield: 4.20%

The predicted condo value of $296,424 is actually higher than the 3-month moving average of $290,110, and it beats nearby Wild Rose ($251,991) and Maple ($281,937). So while the monthly sale number looks soft, the underlying value trend for Tamarack condos is quietly climbing. On the growth leaderboard, condos rank 59 out of 302 in Edmonton - that puts us in the top performers category for value growth.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here is the thing about your city assessment - it is a snapshot from months ago. It does not know what sold on your street last week. The HonestDoor Price updates in real time, pulling in actual transaction data as the market moves.

For Tamarack houses, the average HonestDoor Price is $496,727. The city's average assessed value is $496,138. That gap is small right now - only 0.12% - but the HonestDoor Price is already reflecting a 0.79% recent change in property values that the assessment has not caught up to yet.

For condos, the gap actually flips. The average HonestDoor Price is $288,116, which is 2.07% lower than the city's average assessed value of $294,200. If you are a condo owner, that means your tax assessment may be running higher than what the real market says your unit is worth right now. That is exactly the kind of thing worth knowing before you make any decisions.

Waiting for the next annual assessment to understand your home's value is like checking last year's weather forecast before you head outside. Use the HonestDoor Price as your real-world check.

The So What - Thinking About Selling This Summer?

If you own a house in Tamarack, the timing is looking decent. Prices are up, homes are moving in under a month, and buyers are paying close to asking. You are not leaving a lot of money on the table right now. Compared to neighbours in Wild Rose (HonestDoor Price $541,093) and Maple ($525,772), Tamarack houses are priced a bit lower - which actually works in your favour as a seller because buyers priced out of those streets are looking your way.

If you own a condo, be patient and be realistic. The market is softer, days on market are longer, and the HonestDoor Price is sitting below the city assessment. That does not mean it is a bad time to sell - it means pricing it right from day one matters more than ever. Overpricing a condo in this market is how you end up sitting at 105 days and counting.

Either way, the first move is the same - check your HonestDoor Price today, compare it to your assessment, and go into any conversation with an agent knowing what the real-time data actually says about your home.

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.