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Flow State Realty

Market report · September 2026

Central McDougall

Lower prices and quicker sales in a thin September market

Homes sold

6

▼ 33% from September 2025

Median sold price

$94,875

▼ 37% from September 2025

Median days to sell

40

▼ 27% from September 2025

Sold vs asking

92.8%

Six apartments sold in September 2026. All six were apartments. The median sold price was $94,875, the median days to sell was 40, and homes sold at 92.8% of asking. The median price per square foot was $123. A year earlier, nine homes sold at a median of $150,000 and 55 days. With only six sales, one or two units can move the median a lot.

Buyers here are negotiating. Homes sold at 92.8% of asking, and the monthly median sold price went from $165,000 in July to $137,500 in August and $94,875 in September. The 12-month median of monthly medians is $123,000, so September came in below it. Downtown Edmonton sold at 96% of asking. Price against recent comparable sales, not July's results. Small monthly counts make any single month a noisy guide.

Buyers have room to negotiate and face little competition. Six sales in a month and a 40-day median suggest homes are not being bid up. Median days to sell was shorter than a year ago, so well-priced units still move. Downtown's median sold price was $210,000. About 4,300 people lived here in 2021, with a median age of 34.8. Some 96% of homes are apartments, and 13% of households own their home.

By home type

TypeSoldMedian priceDays
Apartments6$94,87540
All homes6$94,87540

Too few sales in September 2026 to split by type.

The last 13 months

Sales and median price by month
9Sep 252Oct3Nov5Dec5Jan 262Feb2Mar4Apr1May5Jun7Jul3Aug6Sep$250k$76ksales

Bars: homes sold each month. Line: median sold price.

45 homes sold over 12 months, median $123,000, typical 35 days to sell.

Central McDougall against Downtown Edmonton

September 2026Central McDougallDowntown Edmonton
Homes sold688
Median sold price$94,875$210,000
Median days to sell4054
Sold vs asking92.8%96.0%
Median price per sq ft$123$226

Who lives in Central McDougall

Population
4,300
Households
2,490
Median age
34.8
Median household income
$42,400
Owner-occupied
13%
Owners with a mortgage
70%
Median dwelling value (2021 census)
$250,000
Average household size
1.7

Homes here: 3% detached, 0% semi-detached or duplex, 1% row housing, 96% apartments.

Statistics Canada, Census of Population 2021, via City of Edmonton Open Data (rw8s-vqrs, 9325-erna). Region figures are household-weighted roll-ups of neighbourhood values.

How this report is built. Sales come from the MLS® System through the REALTORS® Association of Edmonton and are compiled monthly by Flow State Realty for the area shown. Figures are medians of closed sales, not list prices and not averages, so one unusual sale does not move them. Days to sell is the median days on market for the homes that sold. "Sold vs asking" is the median of each home's sold price divided by its final asking price. Sales data current to September 2026; compiled 2026-10-07. The written summary is generated from these figures only and reviewed by the team. Not intended to solicit properties already listed for sale.