York, Edmonton - August 2026 Real Estate Report

York, Edmonton: Your Home Is Worth Way More Than the City Thinks

If you own a home in York and you have not checked your HonestDoor Price lately, you are probably sitting on a number that would surprise you. The city's assessment and what buyers are actually paying are two very different stories right now - and the gap is massive.

The Vibe: What Is Actually Happening in York

York is a neighbourhood that does not get talked about enough. We have strong property values, solid rental demand, and a growth rank that puts us ahead of most of Edmonton. Here is how houses and condos are each playing out right now.

Houses: High Value, Taking a Breather

The house market in York is cooling off a touch, but do not let that spook you. Prices are adjusting, not collapsing. Here is the snapshot:

• Average HonestDoor Price: $798,753
• Predicted market value for houses: $830,665 - up from the 3-month average of $826,182
• Average sale price this period: $321,000, down 6.1% from last month
• Price per square foot: $349
• Homes are selling at 98.1% of list price - buyers have a little room to negotiate
• Average days on market: 49 - moderately fast for Edmonton (ranked 47 out of 108 neighbourhoods)
• Estimated rent: $3,239 per month with a rental yield of 5.47%
• Growth rank: 45 out of 292 neighbourhoods in Edmonton - that puts us in the top tier

Buyers are paying just under asking, and homes are sitting for about seven weeks before selling. That is not a crisis - that is a market finding its footing. The predicted value is still trending upward, which tells us the fundamentals here are solid.

Condos: Fast, Competitive, and Sellers Are Winning

The condo side of York is a different story. We are seeing a sellers' market in action. One condo sold at 102.4% of list price - meaning buyers are going over asking. And with an average of just 9 days on market, condos here are moving fast. That is a days-on-market rank of 3 out of 111 neighbourhoods in Edmonton. Third fastest in the city. Let that sink in.

• Average HonestDoor Price: $166,528
• Predicted market value: $170,049 - rising from the 3-month average of $164,865
• Average sale price: $252,500
• Price per square foot: $194
• Condos selling at 102.4% of list price
• Average days on market: 9
• Estimated rent: $934 per month with a rental yield of 4.34%
• Growth rank: 44 out of 302 neighbourhoods in Edmonton

If you own a condo in York, the market is working in your favour right now. Demand is outpacing supply and buyers are not waiting around.

The Secret Sauce: Your HonestDoor Price vs. the City's Assessment

Here is the number that should get every York homeowner's attention. The city's average assessed value for a house here is $363,118. The average HonestDoor Price is $798,753. That is a difference of nearly $436,000 - or 119.97% higher than what the city has on file.

Government assessments are snapshots from the past. They use old data, broad formulas, and they do not account for what is actually happening on your street right now. The HonestDoor Price pulls from real transaction data and current market signals to give you a real-world number - what a buyer would likely pay today.

For condos, the story flips slightly. The city's average assessed value is $182,118, but the HonestDoor Price sits at $166,528 - about 8.56% lower. That matters too. If you are making financial decisions based on the assessed value, you could be overestimating what your condo would fetch on the open market.

Bottom line: the city's number is a tax tool. The HonestDoor Price is your real-world check.

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

If you are a house owner in York and you are thinking about listing this summer, here is the honest take. The market is taking a breather - prices dipped 6.1% last month and buyers are negotiating slightly below asking. But the predicted value is still climbing and your growth rank puts York in the top 15% of Edmonton neighbourhoods. You are not in a bad spot. You just need to price it right from day one.

If you own a condo, the timing looks genuinely good. Nine days on market and buyers paying over asking is about as clean a signal as you will get. If you have been sitting on the fence, this summer could be your window.

Either way, start with your HonestDoor Price - not the assessment notice you got in the mail. One of those numbers reflects today's market. The other one does not.

• York house growth rank: 45 out of 292 Edmonton neighbourhoods
• York condo growth rank: 44 out of 302 Edmonton neighbourhoods
• 32 house transactions and 12 condo transactions recorded in 2026 so far
• Neighbourhood year-over-year growth: 0.08% for houses, 0.15% for condos
• Compared to nearby Mc Leod, Casselman, and Belvedere - York houses are the most expensive in the area

York is not a neighbourhood you stumble into. People choose it. And right now, the data backs up why.

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.