The Uplands, Edmonton - August 2026 Real Estate Report

The Uplands, Edmonton: Prices Are Holding, But the Market Is Telling You Something

The Vibe Right Now

If you've been watching the "For Sale" signs in The Uplands lately, here's what's actually happening. The market is taking a breather. Sales are down, homes are sitting longer, and buyers are negotiating. That's not panic - that's just the cycle doing its thing. But the numbers underneath still tell a pretty solid story for homeowners here.

On the houses side, the average sale price came in at $588,270 this period - down 14.6% from last month. That sounds alarming, but context matters. Only 7 homes sold, down 12.5% from the month before. Low volume swings averages hard. Listings are sitting at $609,414 on average, and homes are spending around 82 days on market before selling. Buyers are paying about 97.33% of list price, meaning they're getting a small discount but not stealing anything. We're in a buyer-friendly window, not a buyer's paradise.

• Average sale price (Houses): $588,270
• Average list price: $609,414
• Price per square foot: $297
• Sale-to-list ratio: 97.33%
• Properties sold: 7 (down 12.5%)
• Average days on market: 82

The Secret Sauce - Your HonestDoor Price vs. That Government Assessment

Here's the thing most Uplands homeowners don't realize. That assessed value sitting on your tax notice? It's a snapshot from months ago, built on data that's even older. The city assessed the average home here at $583,985. Fine. But the HonestDoor Price right now is $597,080 - that's $13,095 higher than what the city thinks your home is worth.

The predicted market value for houses specifically comes in at $607,670, and that number is actually climbing - it's up against the 3-month moving average of $601,622. So while the monthly sale stats look soft, the underlying value trend is quietly moving in the right direction. That gap between the assessment and the HonestDoor Price is your real-world check. It's the number that reflects what a buyer would actually pay today, not what a government formula decided last year.

• Average assessed value: $583,985
• Average HonestDoor Price: $597,080 (2.24% above assessed value)
• Predicted market value (Houses): $607,670
• 3-month moving average: $601,622
• HonestDoor Price change: down 1.59% from previous period
• 567 properties assessed in the neighbourhood this year

The Neighbourhood Leaderboard

Where does The Uplands actually stack up against the rest of Edmonton? Better than most people think. On growth rate, we rank 77 out of 292 comparable neighbourhoods - that puts us in the top 27% citywide. On price, we rank 78 out of 285, also solidly above average. The one honest weak spot is days on market - we rank 71 out of 108 for that metric, meaning homes here sell slower than a lot of Edmonton neighbourhoods. That's the number to watch if you're planning to list.

Neighbourhood growth is sitting at 0.05% year over year. Not explosive, but steady. Compare that to nearby Stillwater at 0.17% growth - they're moving faster - but their average HonestDoor Price is $499,729, nearly $100,000 less than ours. Edgemont is the closest comp at $601,638, growing at the same 0.05% pace. Rivers Edge comes in cheaper at $534,037. The Uplands is holding its premium position in this pocket of Edmonton.

• Growth rank: 77 out of 292 (top 27% in Edmonton)
• Price rank: 78 out of 285 (above average)
• Days-on-market rank: 71 out of 108 (slower than average)
• Neighbourhood growth: 0.05% year over year
• Edgemont HonestDoor Price: $601,638 (growth 0.05%)
• Rivers Edge HonestDoor Price: $534,037
• Stillwater HonestDoor Price: $499,729 (growth 0.17%)

The 'So What?' - Should You Sell This Summer?

Straight talk: if you're thinking about selling in The Uplands this summer, you need to go in with realistic expectations. Homes are sitting for 82 days on average. Buyers are negotiating. The sale-to-list ratio of 97.33% means you should expect to leave a little on the table. Price it right from day one - overpriced listings are the ones collecting dust right now.

The good news is your home is likely worth more than your tax assessment says. The HonestDoor Price of $597,080 and a predicted market value of $607,670 give you a real starting point for that conversation with your agent. Rental yield is sitting at 5.44% for houses here, which means if selling feels rushed, holding and renting is a genuinely solid backup plan. Estimated rent comes in around $2,896 per month - that's real income while you wait for the right moment.

There were 33 total transactions in The Uplands in 2026 so far. That's not a flood of activity, but it's not a ghost town either. Buyers are out there. They're just pickier and more patient than they were two years ago. Match that energy, price sharp, and The Uplands still has the fundamentals to get a deal done.

• Estimated monthly rent (Houses): $2,896
• Rental yield: 5.44%
• Total 2026 transactions: 33
• Total transaction rank in Edmonton: 54
• Key advice: price from the HonestDoor Price, not the tax assessment

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.