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      Twin Brooks, Edmonton - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Edmonton, Twin Brooks

      Twin Brooks, Edmonton: Your Neighbour Just Got a Better Price Than the City Thinks

      If you own a home in Twin Brooks and you're still looking at your city assessment to figure out what your place is worth, you're working with old information. Here's the real picture, right now.

      The Vibe: What's Actually Happening in Twin Brooks

      Houses

      The house market in Twin Brooks is moving, but it's a mixed bag. Average sale prices are sitting at $629,227 - up 5.7% from last month, which is a solid jump. But here's the catch: the predicted market value of $654,536 is sliding below the 3-month moving average of $664,672. We're seeing a bit of a cooling trend after some strong months.

      Homes are sitting on the market for an average of 70 days, and that days-on-market rank of 64 out of 116 puts us in the slower half of Edmonton neighbourhoods. Buyers are paying 98.12% of list price - so they're getting a small discount, but not a huge one. If you're pricing your house, that gap matters.

      • Average sale price: $629,227 (up 5.7% from last month)
      • Average listing price: $524,900
      • Price per square foot: $372
      • Properties sold this month: 11
      • Average days on market: 70
      • Sale-to-list ratio: 98.12%
      • Estimated rent: $3,084 per month
      • Rental yield: 5.35%
      • Growth rank: 151 out of 285 Edmonton neighbourhoods
      • Price rank: 74 out of 285 - above average for Edmonton

      On the rental side, a 5.35% yield is genuinely strong. If you're an investor or thinking about holding your Twin Brooks house instead of selling, that number is worth paying attention to.

      Condos

      The condo story in Twin Brooks is actually pretty interesting. Only 2 units sold this month, but they're flying off the shelf - 21 days on market, which ranks 14 out of 113 Edmonton neighbourhoods. That puts us in the top tier for condo speed. Buyers are paying 99.94% of list price, which is about as close to full price as it gets.

      The average sale price came in at $304,700, and the predicted market value sits at $356,830. Like houses, that predicted value is drifting slightly below the 3-month moving average of $360,614. The market is taking a breather.

      • Average sale price: $304,700
      • Average listing price: $159,900
      • Price per square foot: $232
      • Properties sold this month: 2
      • Average days on market: 21
      • Sale-to-list ratio: 99.94%
      • Estimated rent: $1,865 per month
      • Rental yield: 4.08%
      • Growth rank: 197 out of 297 Edmonton neighbourhoods
      • Price rank: 87 out of 218 - above average for Edmonton

      Compared to nearby Skyrattler (25 days on market), our condos are selling faster. And Twin Brooks condos are priced well above what you'd find in Skyrattler or Blue Quill, which tells you this neighbourhood holds its value at the condo level too.

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

      Here's the thing about your city assessment: it's a snapshot from months ago, built on a formula that doesn't know your renovated kitchen or the fact that the house two doors down just sold for more than anyone expected. It's a tax tool, not a market tool.

      The HonestDoor Price updates in real time using actual transaction data. For Twin Brooks houses, the average HonestDoor Price is $649,601 - that's $16,592 higher than the average city assessment of $633,009. For a neighbourhood with 2,000 assessed properties, that gap adds up fast across the street.

      For condos, the story flips. The average HonestDoor Price of $351,876 is actually lower than the city's assessed value of $369,312. That 4.72% gap means some condo owners could be paying property tax on a value that's higher than what the real market would support right now. That's worth knowing.

      The HonestDoor Price is your real-world check. Use it before you list, before you refinance, and before you assume the city's number is the right one.

      The So What: Should You Sell in Twin Brooks This Summer?

      If you own a house in Twin Brooks and you're thinking about selling this summer, here's the honest take. Prices are above the Edmonton average - a price rank of 74 out of 285 neighbourhoods is a real advantage. But with 70 days on market and a predicted value that's dipping below its recent peak, you don't want to wait too long hoping for a rebound that isn't showing up in the data yet.

      Pricing sharp matters right now. Buyers are paying 98.12% of list - close, but not over. A well-priced house in the $640,000 to $660,000 range, backed by your HonestDoor Price as a reference point, gives you the best shot at a clean sale before the fall market shifts things again.

      For condo owners, the speed is on your side. Twenty-one days on market is fast. If your unit is in good shape and priced honestly, you could be done and dusted before summer is over. The growth rank of 197 out of 297 tells us this isn't a neighbourhood where condo values are racing ahead - so selling into current demand makes more sense than waiting for appreciation that isn't coming quickly.

      Twin Brooks sits in a solid spot in Edmonton - above average on price, with strong rental yields for those who want to hold. But the market is taking a breather right now, and the sellers who move with the data will come out ahead of the ones who wait for the city's next assessment to tell them something they could have known today.

      twin brooks | edmonton | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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