Garneau

Garneau had 10 sales in September 2026, up from 5 in September 2025. The median sold price was $342,500, down 16% from $406,500 a year earlier. The median time to sell was 34 days, up from 30. Homes sold at 95.9% of asking, at a median of $315 per square foot. Six sales were apartments, with a median of $204,750. Three were detached houses, with a median of $600,000. With only 10 sales, the mix of homes moves the median a lot.

For sellers, the lower median price may reflect what sold more than a change in value. Apartments made up most of the sales, and with 10 sales in total it is hard to say more. Detached houses sold in a median of 16 days, but that is only 3 sales. Over the past three months, monthly median sold prices ranged from $314,500 to $342,500. Expect buyers to negotiate. Pricing close to recent comparable sales matters more than aiming high.

Buyers have some room to negotiate. Homes sold at 95.9% of asking after a median of 34 days. In University Area and Old Strathcona, the median sold price was $489,500, with 31 median days and 97.3% of asking. Garneau is a young, renter-heavy area. Its 6,165 residents (2021) have a median age of 29.8. About 86% of homes are apartments, 21% are owner-occupied, and the median household income was $52,000 in 2020.