The Orchards At Ellerslie, Edmonton - September 2026 Real Estate Report

The Orchards At Ellerslie, Edmonton: What Your Neighbours Aren't Telling You About Home Values Right Now

The Vibe in The Orchards At Ellerslie

If you've been watching the "For Sale" signs around The Orchards At Ellerslie lately, here's what's actually happening. The story is different depending on whether you own a house or a condo - and the gap between those two stories is pretty wide.

Houses: Active Market, But Patience Required

Houses here are moving, but they're taking their time. The average sale price is sitting at $549,320 - up a solid 19.7% from last month. That sounds exciting, and it is, but here's the reality check: homes are sitting on the market for an average of 106 days. That's longer than nearby Summerside at 103 days, which tells us the market is taking a breather.

• Average sale price: $549,320 (up 19.7% from last month)
• Average list price: $670,029
• Price per square foot: $270
• Sold-to-list ratio: 97.37% - buyers are negotiating below asking
• Average days on market: 106 days
• Days-on-market rank: 90 out of 112 Edmonton neighbourhoods - one of the slower ones
• Properties sold this month: 15
• Predicted market value: $510,833
• Rental yield: 5.62%
• Estimated monthly rent: $2,537

Buyers here are paying about 2.6% below list price on average. If you're a seller, that means your pricing strategy matters more than ever. List too high and you're sitting. The growth rank for houses lands at 148 out of 291 Edmonton neighbourhoods - right in the middle of the pack, leaning below average on the neighbourhood leaderboard. We're not leading the charge, but we're not falling behind either.

Condos: Small Volume, Big Energy

The condo side of The Orchards At Ellerslie is a completely different conversation. Only one condo sold this month - down 50% from last month - but that one sale told a story. It closed at $320,000, which is 100.95% of list price. Buyers are paying over asking. That's a sellers' market signal in a low-inventory environment.

• Average sale price: $320,000 (up 0.9% from last month)
• Average list price: $317,000
• Price per square foot: $279
• Sold-to-list ratio: 100.95% - sellers are winning negotiations
• Average days on market: 18 days
• Days-on-market rank: 13 out of 112 Edmonton neighbourhoods - one of the fastest
• Properties sold this month: 1
• Predicted market value: $292,279
• Rental yield: 4.20%
• Estimated monthly rent: $1,569

Condos are ranked 13th out of 112 Edmonton neighbourhoods for speed of sale. That's a top-tier spot on the neighbourhood leaderboard. When a condo hits the market here, it doesn't last long. The growth rank sits at 205 out of 302 - below average - but the speed and above-asking sales prices suggest demand is real when supply is tight. One thing to watch: the predicted value of $292,279 is trending slightly down from the 3-month moving average of $296,756. Worth keeping an eye on.

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

Here's something most Orchards At Ellerslie homeowners don't realize. The city's assessed value for houses here averages $539,265. But the HonestDoor Price - which pulls from real-time market data, not a once-a-year government snapshot - puts the average at $503,370. That's a gap of roughly $36,000, or 6.66% lower than what the city thinks your home is worth.

For condos, the gap is even wider. The average city assessment is $332,888. The HonestDoor Price says $299,729 - nearly 10% lower. The condo HonestDoor Price has actually moved up 2.55% recently, which is a positive signal, but it's still well below what the assessment suggests.

Why does this matter to us? Because the city's assessment is a rear-view mirror. It reflects what the market looked like months ago. The HonestDoor Price is the real-world check - updated continuously based on what buyers are actually paying right now. If you're making any financial decision tied to your home's value - refinancing, selling, or just knowing where you stand - the HonestDoor Price is the number you want in your hand, not the one on your tax notice.

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

If you own a house in The Orchards At Ellerslie and you're thinking about listing this summer, here's the straight talk. The market is active but not frenzied. Homes are selling at about 97 cents on the dollar and taking over three months to find a buyer. That doesn't mean don't sell - it means price it right from day one. Overpriced listings are sitting. Well-priced ones are moving.

Compare us to the neighbours: Summerside condos are fetching $604,116 on the house side and growing at 0.06% - slower than our 0.14%. Mattson houses are selling around $550,000, almost identical to us. We're competitive, but we're not the premium address in this corner of Edmonton. Ellerslie Industrial is a different animal entirely at $688,002 for houses - that's a different buyer profile.

If you own a condo and want to sell, the timing looks better than the house side. Low inventory, fast sales, and buyers paying over asking is about as good a setup as you'll find. With only 263 condos assessed in the neighbourhood and just one sale this month, any well-priced listing stands out.

Bottom line: pull your HonestDoor Price before you do anything else. It's the most accurate picture of what your home is worth today - not what the city decided it was worth last year. With 3,249 house properties and 263 condos assessed in The Orchards At Ellerslie, and 109 total transactions recorded in 2026 so far, this neighbourhood is one of Edmonton's more active markets. Rank 12 out of all Edmonton neighbourhoods for total transactions on the house side. That's real demand. Use it to your advantage.

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.