Terwillegar Towne, Edmonton - September 2026 Real Estate Report

Terwillegar Towne Real Estate Update: Solid Ground, But Watch the Fine Print

The Vibe Right Now

If you live in Terwillegar Towne and you've been half-watching the market, here's the honest read: this neighbourhood is holding its value well, houses are moving fast, and the condo side is quietly picking up steam. It's not a frenzy. It's not a freeze. It's a market where the prepared seller wins.

Houses - Strong Demand, Fast Sales

The house market here is genuinely active. Seven homes sold last month - that's up 40% from the month before. The average sale price hit $501,750, up 5.9% from last month, and homes are sitting on the market for just 14 days on average. That's a days-on-market rank of 13 out of 112 Edmonton neighbourhoods. Translation: if your house is priced right, it's gone fast.

• Average sale price: $501,750 (up 5.9% month over month)
• Average list price: $572,456
• Price per square foot: $337
• Sale-to-list ratio: 99.12% - buyers are paying close to asking, but just under
• Average days on market: 14
• HonestDoor Price: $585,979
• Predicted market value: $596,265
• Estimated monthly rent: $2,855 with a rental yield of 5.45%

One thing worth noting: the average sale price of $501,750 is running below the HonestDoor Price of $585,979 and the predicted market value of $596,265. That gap matters. It could mean some sellers are leaving money on the table by underpricing, or that the mix of homes selling this month skewed smaller. Either way, the predicted value is trending up from the 3-month moving average of $594,051, so the direction is positive.

On the neighbourhood leaderboard, Terwillegar Towne houses rank 190 out of 291 for growth - below average for Edmonton. But the price rank sits at 134 out of 285, which puts us above the city midpoint. We're not the fastest-growing pocket in the southwest, but we're not cheap either.

Condos - A Quiet Outperformer

The condo story here is more interesting than the headline suggests. Yes, only one condo sold last month. But the growth rank tells a different story: Terwillegar Towne condos rank 38 out of 302 Edmonton neighbourhoods for growth. That puts us in the top tier of the city for condo value momentum.

• Average sale price: $240,000
• Average list price: $244,900
• Price per square foot: $211
• Sale-to-list ratio: 98% - stable, not desperate
• Average days on market: 49
• HonestDoor Price: $257,278
• Predicted market value: $258,754
• Estimated monthly rent: $1,394 with a rental yield of 4.25%
• Recent value change: up 2.10%

Condos here are selling faster than Leger (52 days) but a touch slower than South Terwillegar (46 days). The predicted value of $258,754 is climbing above the 3-month moving average of $256,947, which is a good sign for condo owners watching their equity. And at $257,278, the HonestDoor Price is actually sitting below the city's assessed value of $265,942 - which is exactly the kind of detail you need before you price anything.

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

Here's the thing about your city assessment: it's a snapshot from months ago, built on a formula that doesn't know what sold on your street last Tuesday. The HonestDoor Price pulls in real-time sales data, current listing activity, and live market signals to give you a number that actually reflects today's market - not last year's.

For house owners in Terwillegar Towne, the HonestDoor Price of $585,979 sits 0.77% above the city's average assessed value. That's not a massive gap, but it's real money - and it's the number a buyer's agent is going to be working from. For condo owners, the HonestDoor Price of $257,278 is actually 3.26% below the assessed value. If you're pricing off your assessment, you could be starting the conversation in the wrong place entirely.

Check your HonestDoor Price before you do anything else. It takes two minutes and it's free. Think of it as the real-world check before you commit to a number.

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

If you own a house in Terwillegar Towne and you're thinking about listing this summer, the timing has some real things going for it. Fourteen days on market is fast. Sales activity is up. The predicted value is rising. The window where buyers are motivated and inventory is manageable is exactly the window you want to be in.

The one thing to get right is your price. The sale-to-list ratio of 99.12% tells us buyers are engaged but not panicking - they're not bidding way over asking. So if you come in too high, you'll sit. Come in sharp and you'll move in two weeks.

For condo owners, the picture is steadier. One sale a month means less competition from other sellers, but also a smaller pool of active buyers. Your growth rank of 38 out of 302 is genuinely strong - that's a top-15% position in Edmonton. If you're patient and priced correctly, the fundamentals are working in your favour.

Bottom line: Terwillegar Towne is a neighbourhood where preparation beats luck. Know your HonestDoor Price, understand where you sit against Leger to the west and South Terwillegar to the south, and price with confidence. The buyers are here. Give them a reason to pick your place.

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.