Market report · September 2026
Ormsby Place
Fewer sales, a slower pace and lower prices than last September
Homes sold
6
▼ 33% from September 2025
Median sold price
$192,250
▼ 30% from September 2025
Median days to sell
32
▲ 52% from September 2025
Sold vs asking
93.4%
Ormsby Place had 6 sales in September 2026, down 33% from 9 in September 2025. The median sold price was $192,250, down 30% from $275,000 a year earlier. The median days to sell was 32, up 52% from 21. Homes sold at 93.4% of asking, and the median price per square foot was $209. Six sales is a small sample. Three were townhomes with a median of $192,000, so the mix of homes affects the price.
Sellers should expect a slower market than a few months ago. Median days to sell went from 15 in July to 21 in August to 32 in September. September's median sold price of $192,250 sits below the trailing 12-month median of monthly medians, $242,500. West Edmonton homes sold at 98.2% of asking, against 93.4% here. Pricing close to recent sales matters, since buyers had room to negotiate. One month of six sales is not a firm trend.
Buyers had more room to negotiate in September, with homes selling at 93.4% of asking and a median of 32 days. That is close to West Edmonton's median of 34 days, though West Edmonton's median sold price was $460,000 on 255 sales, so the mix of homes differs. Ormsby Place had 5,035 residents in 2021, a median age of 38, and 73% owner-occupied homes. Median household income was $88,000 in 2020, and 55% of homes are detached houses.
By home type
| Type | Sold | Median price | Days |
|---|---|---|---|
| Townhomes | 3 | $192,000 | 30 |
| All homes | 6 | $192,250 | 32 |
Too few sales in September 2026 to split by type.
The last 13 months
Bars: homes sold each month. Line: median sold price.
81 homes sold over 12 months, median $242,500, typical 29 days to sell.
Ormsby Place against West Edmonton
| September 2026 | Ormsby Place | West Edmonton |
|---|---|---|
| Homes sold | 6 | 255 |
| Median sold price | $192,250 | $460,000 |
| Median days to sell | 32 | 34 |
| Sold vs asking | 93.4% | 98.2% |
| Median price per sq ft | $209 | $293 |
Who lives in Ormsby Place
- Population
- 5,035
- Households
- 1,865
- Median age
- 38
- Median household income
- $88,000
- Owner-occupied
- 73%
- Owners with a mortgage
- 62%
- Median dwelling value (2021 census)
- $400,000
- Average household size
- 2.7
Homes here: 55% detached, 0% semi-detached or duplex, 37% row housing, 8% 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.
