Tweddle Place, Edmonton - June 2026 Real Estate Report

Tweddle Place, Edmonton: Your Neighbour Just Got a Reality Check on Their Home Value

If you have been assuming your city assessment tells the full story of what your Tweddle Place home is worth, it is time to look again. The numbers are moving fast, and not always in the direction you might expect.

The Vibe: What Is Actually Happening on Our Streets

Houses - The Market Is Taking a Breather

We saw 1 house sell in Tweddle Place recently, with an average sale price of $456,000 - down 10.4% from last month. That is a notable dip. Listings are sitting at an average of $449,900, and price per square foot is around $333. The interesting wrinkle? Buyers still paid 101.36% of list price on average, meaning the few homes that did sell went for above asking. Low volume, competitive offers - that is a market catching its breath, not collapsing.

• Average sale price: $456,000 (down 10.4% from last month)
• Average list price: $449,900
• Price per square foot: $333
• Sale-to-list ratio: 101.36% - buyers paid over asking
• Average days on market: 15 - very fast by Edmonton standards (rank 15 out of 103 neighbourhoods)
• HonestDoor Price for houses: $882,462
• 3-month moving average: $920,433 - the trend is dipping
• Estimated monthly rent: $2,953 with a rental yield of 5.58%
• Recent value change: -3.69%
• Growth rank: 278 out of 305 Edmonton neighbourhoods

Homes are selling fast - 15 days on market puts us near the top of Edmonton for speed. But the price trend is sliding. That combination tells us buyers are still engaged, but they are getting pickier about what they will pay.

Condos - A Buyers' Market, Plain and Simple

Our condo segment is a different story. One condo sold, at an average of $245,000, but buyers only paid 95.35% of list price - meaning sellers had to negotiate down. Listings are averaging $215,000, which is actually below the sale price, suggesting some pricing inconsistency in the market right now.

• Average sale price: $245,000
• Average list price: $215,000
• Price per square foot: $226
• Sale-to-list ratio: 95.35% - buyers have the upper hand
• Average days on market: 23 - still fast (rank 19 out of 110 Edmonton neighbourhoods)
• HonestDoor Price for condos: $182,739
• 3-month moving average: $194,405 - also trending down
• Estimated monthly rent: $1,004 with a rental yield of 4.35%
• Recent value change: -5.96%
• Growth rank: 293 out of 295 Edmonton neighbourhoods

That growth rank is a hard number to ignore. Out of 295 comparable Edmonton neighbourhoods, our condos rank 293rd for value growth. If you own a condo here and are thinking about your next move, that stat matters.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is something worth knowing. The average city assessed value for a Tweddle Place property sits at $422,220. The average HonestDoor Price for houses is $862,194 - that is 104.20% higher than what the city has on file. Your tax assessment is a snapshot taken months ago using a formula. The HonestDoor Price is a real-time estimate that reflects what buyers are actually doing in the market right now.

Think of the city assessment as last season's weather report. The HonestDoor Price is the forecast you check before you leave the house. With house values shifting by -3.69% and condo values down -5.96% recently, waiting for your next annual assessment to understand your equity position is not a strategy - it is a gamble.

591 properties were assessed in Tweddle Place this year. That is a lot of neighbours who may be making financial decisions based on a number that does not reflect today's reality.

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

If you are a homeowner in Tweddle Place weighing a summer sale, here is the straight talk.

For houses, the speed is on your side - 15 days on market is genuinely fast, and recent buyers have paid above list. But the average price is down 10.4% month over month and the 3-month trend is sliding from $920,433 toward $882,462. If you are going to move, sooner beats later. Pricing it right out of the gate matters more than ever right now.

For condos, the market is softer. Buyers are negotiating below list, values have dropped nearly 6% recently, and the growth rank of 293 out of 295 is a signal that this segment is not bouncing back quickly. If selling is the plan, be realistic about pricing and do not anchor to what your neighbour got six months ago.

One more thing to keep in mind - Richfield next door is showing house prices around $1,321,559 and condo prices around $182,009. That price gap between us and Richfield is worth watching. Buyers priced out of Richfield sometimes look our way, which can support demand even when our own growth numbers are soft.

Bottom line: check your HonestDoor Price today. Not next assessment cycle. Today. The market is moving, and the city's paperwork has not caught up.

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.