Tamarack, Edmonton - July 2026 Real Estate Report

Tamarack Real Estate Update: Your Neighbour's House Just Got More Valuable Than the City Thinks

If you own a home in Tamarack and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment is one number. What your property is actually worth right now is another. And in Tamarack, those two numbers are starting to tell very different stories.

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

Let's break it down by property type, because houses and condos are moving in different directions here.

Houses in Tamarack

The house market is moving fast. We're seeing an average sale price of $499,818 this month - that's up 12.6% from last month. Homes are sitting on the market for just 19 days on average, which puts us at rank 18 out of 103 Edmonton neighbourhoods for speed. That is very fast. If a "For Sale" sign goes up on your street, don't blink.

• Average sale price: $499,818 (up 12.6% from last month)
• Average list price: $529,800
• Sold-to-list ratio: 96.83% - buyers are getting a slight discount off asking
• Price per square foot: $454
• Average days on market: 19
• Properties sold this month: 11
• Rental yield: 5.65% - that's a strong return if you're thinking about holding

One thing worth noting: the predicted market value for houses sits at $494,932, which is slightly below the 3-month moving average of $496,809. Values have dipped 0.30% recently. The market isn't in freefall - it's taking a breather. But with homes still selling quickly and prices up sharply month-over-month, this is not a slow market by any measure.

On the neighbourhood leaderboard, Tamarack houses rank 179 out of 302 Edmonton neighbourhoods for growth. That puts us in the below-average tier for price appreciation right now. Our neighbours in Maple, Wild Rose, and Silver Berry are all posting faster growth rates. Something to watch.

Condos in Tamarack

The condo story here is actually pretty interesting. We're ranked 46 out of 220 Edmonton neighbourhoods for price - that's above average. And the HonestDoor Price for condos has jumped 3.24% from the previous period, which is a meaningful move.

• Average sale price this month: $358,500 (up 24.5% from last month)
• Average list price: $362,999
• Sold-to-list ratio: 98.76% - condos are selling very close to asking
• Price per square foot: $87
• Average days on market: 33
• Properties sold this month: 1
• Rental yield: 4.21% - moderate, but steady

Keep in mind, only 1 condo sold this month, so the monthly numbers can swing hard with thin volume. The more reliable signal is the HonestDoor Price of $296,424, which is above what you'd find in nearby Maple ($281,937), Wild Rose ($251,991), and Silver Berry ($242,863). Tamarack condos are holding a price premium over the surrounding area. On the growth leaderboard, condos rank 106 out of 296 Edmonton neighbourhoods - solidly above average.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here's the thing about your city assessment. It's a snapshot from months ago, calculated using broad formulas across thousands of properties. It doesn't know that your street sold fast last month. It doesn't know what buyers are actually paying right now.

The HonestDoor Price is updated in real time using actual transaction data. For Tamarack houses, the HonestDoor Price is $498,861 - sitting 0.55% above the average assessed value in Edmonton. For condos, it's $296,424, also running above the Edmonton average assessed value by 0.76%. These aren't small gaps. Over time, they add up to real money - whether you're refinancing, selling, or just trying to understand what you actually own.

Your tax assessment tells you what the city thought your home was worth at a point in the past. Your HonestDoor Price tells you what the market thinks it's worth today. Those are two very different conversations to have with your bank or your realtor.

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

If you're a homeowner in Tamarack and you're weighing a summer sale, here's the honest read.

Houses are selling in under three weeks and buyers are paying close to asking. That's a good environment to list in. The month-over-month price jump of 12.6% is eye-catching, but the slight dip in predicted value and the below-average growth rank suggest you shouldn't wait around assuming prices will keep climbing at that pace. If the timing works for you, this summer has real opportunity.

For condo owners, the picture is a bit more nuanced. Volume is low, days on market are longer at 33 days, but your price rank in Edmonton is strong. You're sitting above your neighbours in Maple, Wild Rose, and Silver Berry on price. That's a selling point worth using.

Either way, the first step is knowing your real number. Check your HonestDoor Price before you call a realtor, before you set an asking price, and definitely before you assume the city's assessment is the ceiling. In Tamarack right now, it probably isn't.

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.