University Area and Old Strathcona

In September 2026, 64 homes sold in the area at a median price of $489,500. The median time to sell was 31 days, and homes sold for 97.3% of asking price. A year earlier, 68 homes sold at a median of $432,750, also in 31 days. Sales are down 6% and the median price is up 13%. The August median was $436,000, so the monthly jump was large. Detached houses made up 40 of the 64 sales.

For sellers, pace depends on property type. Detached houses had a median of 17 days to sell at a median price of $592,500. Apartments took a median of 36 days at $273,750. The 97.3% sold-to-ask figure suggests buyers still negotiated a little under list price. The area's median of 31 days is slightly faster than Edmonton's 35 days. Apartment sellers should expect a longer wait than detached sellers.

For buyers, detached houses are the more competitive segment, with a median of 17 days on market. Apartments offered more room to negotiate, at a median of 36 days. Half duplexes had only 4 sales, so that is a small sample. The area's median price is above Edmonton's $415,750, which may partly reflect the share of detached sales. About 51% of homes here are apartments. The median age is 35, and 41% of homes are owner-occupied.