Westbrook Estates, Edmonton - June 2026 Real Estate Report

Westbrook Estates, Edmonton: Your Neighbour Just Got a Surprise on Their Assessment

If you own a home in Westbrook Estates and you're still looking at your city assessment to know what your place is worth, you're leaving real money on the table. Here's the straight story on what's actually happening in our corner of Edmonton right now.

The Vibe: What the Market Is Doing

Westbrook Estates is not your average Edmonton neighbourhood. We sit at the top of the city's price rankings - the average assessed value here ranks number 1 in all of Edmonton. That's not a typo. But the more interesting number is what homes are actually trading for.

Let's break it down by property type, because houses and condos are telling two very different stories right now.

Houses: Expensive, Fast, and Still Moving

If you've been watching the "For Sale" signs in Westbrook Estates, here's what's actually happening. Houses are selling, but buyers have a little more breathing room than they did a year ago.

• Average sale price: $815,000
• Current average list price: $799,900
• Price per square foot: $367
• Homes are selling at 96.26% of list price - buyers are paying a bit under ask
• Average days on market: 17 days - that's a very fast-selling pace, ranking 17th out of 103 Edmonton neighbourhoods
• 2 properties sold this period
• Predicted market value for houses: $1,684,994
• Estimated monthly rent: $5,955, with a rental yield of 4.11%
• Recent property value change: up 1.75%
• Growth rank: 90 out of 305 Edmonton neighbourhoods - solidly above average on the leaderboard
• Price rank: 36 out of 286 - among the most expensive in the city

Homes here are not sitting. Seventeen days on market is quick by any standard, and ranking 17th out of 103 neighbourhoods for speed tells you buyers are still showing up with intent. The market is stable, not stalled. Think of it as taking a breather, not backing off.

Condos: A Quiet Climb Worth Watching

Condos in Westbrook Estates are a smaller slice of the market, but they're doing something interesting. Values are actually ticking up right now, even as the broader condo market in Edmonton stays choppy.

• Average HonestDoor Price for condos: $221,257 - down 1.00% from last period
• Predicted market value: $223,489 - this is trending up from the 3-month moving average of $221,675
• Estimated monthly rent: $1,221, with a rental yield of 4.30%
• Recent property value change: up 3.96%
• Growth rank: 99 out of 295 Edmonton neighbourhoods - above average on the leaderboard
• Airbnb estimate: $60 per night

That 3.96% recent value change is worth paying attention to. The predicted value is climbing above the 3-month average, which means the short-term momentum is pointing in the right direction for condo owners here.

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

Here's the thing about your city assessment. It's a snapshot taken months ago, using data that's even older than that. It does not reflect what a buyer would actually pay for your home today.

The HonestDoor Price is the real-world check against that static number. For houses in Westbrook Estates, the average HonestDoor Price is $1,706,374. The average city assessed value is $1,516,773. That's a gap of 12.50% - meaning the assessment is underselling what the market actually thinks your home is worth by roughly $189,000.

The HonestDoor Price updates in real time, pulling in current sales data, market shifts, and neighbourhood trends. Your tax assessment does not do that. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the number you should be starting with.

For condos, the HonestDoor Price of $221,257 gives you a current read that your assessment simply can't match for timeliness.

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

Westbrook Estates is one of the most expensive neighbourhoods in Edmonton - full stop. If you're thinking about listing this summer, here's what the data is actually telling you.

• Homes are selling in 17 days on average - you are not going to be waiting around
• The sale-to-list ratio of 96.26% means buyers are negotiating, so pricing sharp from day one matters more than ever
• Your HonestDoor Price of $1,706,374 is 12.50% above the city assessment - that gap is your starting point for a real pricing conversation with your agent
• Neighbourhood growth of 0.06% year over year is modest, but the house value change of 1.75% recently shows the market is still moving forward
• Nearby neighbourhoods like Aspen Gardens ($817,778 HonestDoor Price) and Ogilvie Ridge ($881,312) are both cheaper and growing slightly faster - buyers priced out of Westbrook Estates are not disappearing, they're just shopping next door

The bottom line: Westbrook Estates is still one of Edmonton's premier addresses. The market is not on fire, but it is not cooling off either. If your plan is to sell this summer, the window is open - just make sure you're pricing off current data, not last year's assessment. Check your HonestDoor Price first. That's the number that actually reflects what your home is worth today.

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.