York, Edmonton - September 2026 Real Estate Report

York, Edmonton Real Estate: Your House 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 says one thing. The real world says something very different. Here is what is actually going on in our neighbourhood right now.

The Vibe: Houses vs. Condos in York

York is a split story right now, and it depends entirely on what you own.

Houses - If you have been watching the "For Sale" signs on our streets, here is what is actually happening. The average sale price for a house sits at $348,750, and that number is up 8.6% from last month. Properties are moving fast - we are talking an average of 13 days on market, which ranks 12th out of 112 Edmonton neighbourhoods for speed. That is the top 11%. When houses sell, they are going for about 94.62% of list price, so buyers have a little room to negotiate, but not much. With only 2 sales recorded and listings averaging $369,900, there is not a lot of inventory to choose from. Tight supply and rising prices are a combination worth paying attention to.

• Average sale price: $348,750 (up 8.6% from last month)
• Average listing price: $369,900
• Price per square foot: $374
• Average days on market: 13
• Sale-to-list ratio: 94.62%
• Estimated monthly rent: $3,160
• Rental yield: 5.48%

Condos - The condo side of York is a different animal. One sale closed at $250,000, and buyers actually paid 102.40% of list price - meaning they went over asking. Condos are also flying off the shelf at an average of 9 days on market, ranking 4th out of 112 Edmonton neighbourhoods. That is elite speed. The catch is that condo values have dipped slightly recently, down 2.07%, and the HonestDoor Price of $162,418 is actually sitting below the city's assessed value of $182,118. That gap matters, and we will get to why in a moment.

• Average sale price: $250,000 (down 1.0% from last month)
• Price per square foot: $197
• Average days on market: 9
• Sale-to-list ratio: 102.40%
• Estimated monthly rent: $914
• Rental yield: 4.34%

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

Here is the thing about government assessments - they are a snapshot from the past. The city assessed the average York house at $363,118. The average HonestDoor Price for that same house is $815,685. That is a gap of 124.63%. Your property is worth more than double what the city's paperwork says.

The HonestDoor Price updates in real time using actual market activity. It is not waiting for a bureaucratic review cycle. Right now, that price is up 2.12% from the previous period for houses. For anyone thinking about refinancing, selling, or just knowing where they actually stand financially, that live number is the one that matters.

For condo owners, the story flips. The HonestDoor Price of $162,418 is 10.82% below the city's assessed value of $182,118, and it has dipped 2.47% recently. If you are a condo owner, this is exactly the kind of real-world check you want before making any decisions. The city's number may be giving you a rosier picture than the market currently supports.

• House HonestDoor Price: $815,685 (up 2.12%)
• House assessed value: $363,118 - HonestDoor is 124.63% higher
• Condo HonestDoor Price: $162,418 (down 2.47%)
• Condo assessed value: $182,118 - HonestDoor is 10.82% lower

Compared to nearby neighbourhoods, York houses are in a league of their own on price. Casselman's HonestDoor Price sits at $611,919. McLeod is at $415,150. Belvedere is at $364,726. York is not the cheapest option on the block - not even close. On the condo side, McLeod ($202,800) and Casselman ($187,788) are both priced higher, while Belvedere ($124,816) comes in cheaper.

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

Let us be straight with you. York is not leading the Edmonton growth leaderboard right now. House growth ranks 276th out of 291 neighbourhoods. Condo growth ranks 196th out of 302. The neighbourhood overall is growing at 0.08% year over year. This market is taking a breather on the appreciation side.

But here is what that does not tell you. Speed of sale is exceptional. Houses are gone in 13 days. Condos in 9. If you price it right, you are not sitting on the market watching your listing go stale. Buyers are active and moving quickly.

For house sellers, the math is compelling. A HonestDoor Price of $815,685 against a city assessment of $363,118 means there is real equity in your home that a lot of owners may not fully appreciate. With 37 house transactions already recorded in 2026 across 909 assessed properties, the pool of potential buyers is real.

For condo sellers, be realistic. The HonestDoor Price is below assessed value, and values have softened recently. The good news is that buyers are still paying over asking and moving fast, so a well-priced condo can still get a clean, quick sale.

Bottom line - if you are thinking about listing this summer, pull your HonestDoor Price first. Do not walk into a conversation with a buyer or an agent armed only with a number the city calculated from old data. Know what the market is actually saying about your home right now.

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.