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Flow State Realty

Market report · September 2026

Minchau

More sales than last year, at lower prices and slower pace

Homes sold

6

▲ 100% from September 2025

Median sold price

$312,250

▼ 11% from September 2025

Median days to sell

34

▲ 36% from September 2025

Sold vs asking

96.1%

Six homes sold in September 2026, double the three sales in September 2025. The median sold price was $312,250, down 11% from $350,000 a year earlier. The median time to sell was 34 days, up from 25. Homes sold for 96.1% of asking, at a median of $286 per square foot. With only six sales, one or two unusual homes can move these medians, so treat them as a rough guide.

The median sold price was $376,200 in August and $358,000 in July, so September came in lower. Median days to sell rose from 26 in August to 34. The median of monthly medians over the past 11 months is $345,500, and September sits below it. Selling at 96.1% of asking suggests buyers are negotiating. South East Edmonton's median was 37 days at 97.9% of asking. Price carefully and expect offers below list.

Buyers have some negotiating room, though not a lot. At 34 days, homes are not sitting long, but they are taking longer than a year ago. The median sold price of $312,250 compares with $424,225 for South East Edmonton. Only 36 homes sold in 11 months, so choice is limited. About 3,160 people lived here in 2021, with a median age of 37.6. Median household income was $97,000 in 2020, and 70% of homes are owner-occupied.

By home type

TypeSoldMedian priceDays
All homes6$312,25034

Too few sales in September 2026 to split by type.

The last 11 months

Sales and median price by month
3Sep 252Nov2Dec3Feb1Mar3Apr4May3Jun3Jul6Aug6Sep$505k$205ksales

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

36 homes sold over 11 months, median $345,500, typical 25 days to sell.

Minchau against South East Edmonton

September 2026MinchauSouth East Edmonton
Homes sold6220
Median sold price$312,250$424,225
Median days to sell3437
Sold vs asking96.1%97.9%
Median price per sq ft$286$287

Who lives in Minchau

Population
3,160
Households
1,135
Median age
37.6
Median household income
$97,000
Owner-occupied
70%
Owners with a mortgage
58%
Median dwelling value (2021 census)
$348,000
Average household size
2.8

Homes here: 70% detached, 6% semi-detached or duplex, 9% row housing, 13% 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.