Ritchie

Eight homes sold in Ritchie in September 2026, the same as September 2025. The median sold price was $340,000, down 16% from $402,500 a year earlier. The median days to sell was 36, compared with 12 last September. Homes sold at 97.6% of asking, and the median price per square foot was $307. Five of the eight sales were apartments, with a median price of $265,000. With so few sales, one month can swing these figures.

Sellers are working with a slower market than a year ago. Median days to sell rose from 26 in July and August to 36 in September. The September median price is below the 12-month median of monthly medians, which is $377,950. Apartments were most of the sales, which likely pulled the median down. Price close to recent comparable sales and expect buyers to negotiate. Plan for a marketing period measured in weeks, not days.

Buyers have more time and more room to negotiate than they did a year ago. Homes sold at 97.6% of asking, and the median days to sell was 36. In University Area and Old Strathcona, the median sold price is $489,500 and the median days to sell is 31. Ritchie had 4,480 residents in 2021, with a median age of 36.4 and a median household income of $82,000. Housing is 46% apartments and 40% detached houses, and 53% of households own.