Tamarack, Edmonton - October 2026 Real Estate Report
Tamarack Real Talk: Your Home Is Worth More Than the City Thinks - Or Is It?
If you've been watching the "For Sale" signs in Tamarack, here's what's actually happening. The city assessed your house at $496,138. The real world says $485,306. That gap matters, and we'll get to why in a second.
The Vibe: Houses vs. Condos in Tamarack Right Now
Houses
Sales prices are up 6.6% from last month, with the average house selling at $518,608. That sounds great on the surface. But dig a little deeper and the picture gets more interesting. Homes are sitting on the market for an average of 126 days. That is a long time. On the Edmonton leaderboard, Tamarack ranks 97 out of 116 neighbourhoods for days on market - meaning most other areas are moving homes faster than we are.
Buyers are also paying about 97.88% of list price, so they are getting a small discount at the door. The predicted market value for a Tamarack house right now sits at $487,879, which is sliding below the 3-month moving average of $494,489. Values have dipped 1.78% recently. The market is not crashing - it is just taking a breather.
- Average sale price: $518,608 (up 6.6% from last month)
- Average listing price: $499,596
- Price per square foot: $306
- Days on market: 126 days
- Sale-to-list ratio: 97.88%
- Predicted market value: $487,879
- Estimated monthly rent: $2,459
- Rental yield: 5.66%
- Properties sold this month: 12 (down 7.7%)
- Growth rank: 128 out of 285 Edmonton neighbourhoods
Condos
Condo numbers are a bit of a mixed bag for us. The average sale price jumped 13.3% last month to $302,500, which is a big move. But only 2 condos sold, so take that percentage with a grain of salt - small sample sizes swing hard. Condos are sitting on the market for 143 days, which is slower than nearby Maple at 127 days. That tells us condo buyers in Tamarack are taking their time.
The HonestDoor Price for condos has dropped 5.83% from the previous period, landing at $272,735. That is a notable slide. The predicted value of $289,614 is still above nearby Wild Rose ($244,507) and Maple ($278,679), so Tamarack condos are holding a price premium in the area - but the trend line is worth watching.
- Average sale price: $302,500 (up 13.3% from last month)
- Average listing price: $299,900
- Days on market: 143 days
- Sale-to-list ratio: 98.37%
- Predicted market value: $289,614
- Estimated monthly rent: $1,558
- Rental yield: 4.21%
- Properties sold this month: 2
- Growth rank: 106 out of 297 Edmonton neighbourhoods
The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters
Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. The city assessed the average Tamarack house at $496,138. The HonestDoor Price right now is $485,306. That is a $10,832 gap between what the government thinks your home is worth and what the market is actually doing today.
For condos, that gap is even wider. The city assessment sits at $294,200. The HonestDoor Price is $272,735 - a difference of over $21,000. If you are making any financial decision based on your assessment alone - whether that is refinancing, selling, or just knowing your net worth - you are working with a stale number.
The HonestDoor Price updates in real time using actual transaction data. It is the real-world check against a static government snapshot. Check yours at HonestDoor before you do anything else.
The "So What?": Thinking About Selling This Summer?
Straight talk - if you own a house in Tamarack and are thinking about listing this summer, the timing question is real. Sale prices are up month over month, which is good news. But homes are taking 126 days to sell on average, and values have slipped 1.78% recently. You are not in a rush-and-it-sells-in-a-weekend market right now.
Your neighbours in Wild Rose and Maple are seeing slightly higher HonestDoor Prices and faster neighbourhood growth. Wild Rose is at $530,021 and Maple at $515,926, compared to Tamarack's $485,306. If buyers are cross-shopping the area, pricing sharp from day one matters more than ever here.
For condo owners, the 5.83% drop in the HonestDoor Price is a signal worth paying attention to. Waiting to see if that trend reverses is a reasonable call. But if you need to sell, pricing competitively against Maple and Wild Rose condos is your best move - Tamarack still holds a price advantage over both nearby options.
Tamarack ranks 29th in Edmonton for total transactions, which means this is an active, well-traded neighbourhood. Buyers know it exists. The job right now is making sure your price matches what the market - not the city - says your home is worth.
tamarack | 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.