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Flow State Realty

Market report · September 2026

Griesbach

Sales fell by more than half while median price rose

Homes sold

8

▼ 58% from September 2025

Median sold price

$656,500

▲ 16% from September 2025

Median days to sell

55

▲ 12% from September 2025

Sold vs asking

97.9%

Griesbach had 8 sales in September 2026, down 58% from 19 in September 2025. The median sold price was $656,500, up 16% from $565,000 a year earlier. The median days to sell was 55, up 12% from 49. Homes sold for 97.9% of asking. Seven of the 8 sales were detached houses, with a median price of $663,000 and 61 median days. With only 8 sales, treat these figures with caution.

Sellers should read September carefully. Eight sales is a small sample. Median prices were $596,750 in July, $466,670 in August and $656,500 in September. That swing likely reflects which homes happened to sell. Over the past 12 months there were 123 sales, with a median of monthly medians of $489,900. Homes sold at 97.9% of asking after a median of 55 days, so expect some negotiation and a few weeks to two months on the market.

Sales were slower and homes took longer to sell than a year ago. That suggests some room to negotiate, and the 97.9% sold-to-ask figure points the same way. North West Edmonton had a median sold price of $377,000, 32 median days and 97.5% sold-to-ask, so Griesbach is the higher-priced area. Griesbach is a young community: 6,080 people in 2021, a median age of 35.6, a median household income of $104,000 and 62% owner-occupied homes.

By home type

TypeSoldMedian priceDays
Detached7$663,00061
All homes8$656,50055

Too few sales in September 2026 to split by type.

The last 13 months

Sales and median price by month
19Sep 2512Oct7Nov9Dec9Jan 268Feb10Mar14Apr9May12Jun10Jul15Aug8Sep$657k$421ksales

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

123 homes sold over 12 months, median $489,900, typical 47 days to sell.

Griesbach against North West Edmonton

September 2026GriesbachNorth West Edmonton
Homes sold8145
Median sold price$656,500$377,000
Median days to sell5532
Sold vs asking97.9%97.5%
Median price per sq ft$328$291

Who lives in Griesbach

Population
6,080
Households
2,375
Median age
35.6
Median household income
$104,000
Owner-occupied
62%
Owners with a mortgage
70%
Median dwelling value (2021 census)
$452,000
Average household size
2.6

Homes here: 43% detached, 14% semi-detached or duplex, 18% row housing, 24% 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.