Twin Brooks, Edmonton - August 2026 Real Estate Report

Twin Brooks, Edmonton: Your Neighbour Just Got a Better Number Than the City Gave Them

If you own a home in Twin Brooks and the last number you checked was your city assessment, you are probably leaving money on the table. Here is what is actually happening on our streets right now.

The Vibe: What the Market Is Doing in Twin Brooks

Houses - Taking a Breather, But Still Holding Value

We have seen the house market cool off a little. The average sale price sits at $588,500, down 0.7% from last month, and homes are averaging 44 days on the market before selling. That is slower than nearby Skyrattler, where houses are moving in 26 days. Buyers here are paying about 98% of list price, which means if you are pricing your home, you need to be sharp - not aggressive.

The good news? The predicted market value for houses is $671,071, which is actually climbing above the 3-month moving average of $659,623. So while the short-term sales data shows a cooling, the underlying value trend is still pointing up. Only 2 houses sold this month, so we are working with a thin slice of data - do not read too much into one slow month.

• Average sale price: $588,500
• Average list price this month: $600,000
• Price per square foot: $299
• Average days on market: 44
• Sale-to-list ratio: 98.06%
• Predicted market value: $671,071
• Estimated monthly rent: $3,149
• Rental yield: 5.32%
• Recent value change: 2.49%
• Neighbourhood leaderboard - Growth rank: 36 out of 292 Edmonton neighbourhoods
• Neighbourhood leaderboard - Price rank: 64 out of 285

Condos - Steady, Fast-Moving, and Surprisingly Affordable

The condo side of Twin Brooks is a different story. One unit sold this month at $159,800 - essentially right at list price (99.94%). That is a stable, no-drama market. What stands out is speed: condos here are selling in 21 days on average, faster than Skyrattler at 26 days. That tells us demand is real, even if the volume is low.

On the leaderboard, Twin Brooks condos rank 15 out of 111 Edmonton neighbourhoods for days-on-market speed. That is a top-15 finish. If you own a condo here and are thinking about selling, buyers are not dragging their feet.

• Average sale price: $159,800
• Price per square foot: $205
• Average days on market: 21
• Sale-to-list ratio: 99.94%
• Predicted market value: $363,087
• Estimated monthly rent: $1,893
• Rental yield: 4.07%
• Recent value change: 0.59%
• Neighbourhood leaderboard - Days-on-market rank: 15 out of 111 Edmonton neighbourhoods
• Neighbourhood leaderboard - Growth rank: 131 out of 302

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

Here is the thing about city assessments - they are a snapshot from the past. The city assessed the average Twin Brooks house at $633,009. The average HonestDoor Price is $667,783. That is a $34,774 gap. For houses, the HonestDoor Price runs 5.49% higher than the city's number. That difference is not a rounding error - that is real equity you might be underestimating when you think about what your home is worth.

For condos, the story flips slightly. The city assessed the average condo at $369,312, but the HonestDoor Price comes in at $361,926 - about 2% lower. That is the real-world check working in both directions. The HonestDoor Price updates in real time based on actual market activity. Your assessment does not. One of these numbers reflects what a buyer would pay today. The other reflects what a bureaucrat calculated months ago.

With 2,000 properties assessed in Twin Brooks this year and 62 total transactions recorded in 2026, there is enough data here to get a meaningful read. Check your HonestDoor Price now - not when the next assessment letter shows up.

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

For house sellers, the window is real but it requires smart pricing. Homes are sitting 44 days on average, and buyers are negotiating just below list. Price at or just under $600,000 and you are in the conversation. Price above it without strong justification and you will watch the days stack up. The predicted value of $671,071 suggests there is upside - but the current sales data says buyers are not paying that today. Know the gap.

For condo sellers, this summer could be your moment. Fast sales, near-full list price, and a top-15 speed ranking in Edmonton. The market is not flashy, but it is functional. If your unit is clean and priced right around that $159,000 to $165,000 range, you should not be sitting long.

One more thing worth knowing - if you are curious how Twin Brooks stacks up against the neighbours, Skyrattler and Blackmud Creek Ravine are both running HonestDoor Prices above $994,000 for houses. Blue Quill is at $753,039. Twin Brooks at $667,783 is the entry point into this pocket of south Edmonton. For buyers priced out of those streets, Twin Brooks is the next logical stop. That is not a bad position to be in when you are the one selling.

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.