St. Albert continues to be one of the most searched communities in the Edmonton area, and the latest figures show a market that is active, steady, and rewarding for well prepared buyers and sellers. Here is a clear look at where home prices and demand stand today.

St. Albert Market Snapshot, August 2026

The most recent full month of St. Albert data from the REALTORS® Association of Edmonton shows the following:

Average sale price: $531,000 for all home types, up 2.5% from August 2025.

Average asking price: $560,000, essentially flat compared with last year.

Sales: 135 homes sold, up nearly 23% from the same month last year.

New listings: 167, down about 15% from August 2025.

Average days on market: 35 days, compared with 34 a year ago.

Ask to sell ratio: 1.000, meaning homes sold right at their asking price on average.

Year to date, the average St. Albert sale price sits at $552,000, up about 4% from the same period in 2025. Average days on market for the year is 42, up from 38 last year, which tells us the pace has relaxed slightly compared with a year ago even as August sales picked up.

For single family homes, other August reporting put the average price at $625,434, up roughly 6% year over year, with 88 detached sales in the month.

How St. Albert Compares to the Region

Across the Greater Edmonton Area, September 2026 data shows an average selling price of $466,080, up 2.9% year over year, and a benchmark price of $423,100. Regional inventory is up 16.7% from last year, which gives buyers more choice across the market. St. Albert's average price sits well above the regional figure, a reminder of how strongly families value its schools, trails, and community feel.

What This Means If You Are Buying

Sales are up while new listings are down, so the best homes are not sitting around. With homes selling at about asking price, there is little room to assume a big discount, but there is also no sign of the bidding war frenzy from earlier years. Get your financing in place, know your top priorities, and be ready to act on a home that checks your boxes. Properties that have been listed longer than the 35 day average may offer more room to negotiate on terms.

What This Means If You Are Selling

Fewer new listings means less competition for your home, and the ask to sell ratio shows that realistic pricing is being rewarded. Price your home to match current sold comparables rather than last year's headlines, and present it well. Homes priced correctly from day one tend to attract the strongest early interest, while overpriced listings are the ones that stretch the days on market figure.

Thinking About Your Next Move in St. Albert?

Averages are a starting point, and every street and price range moves a little differently. If you would like a straight answer on what your home is worth or what your budget can buy in St. Albert, we would be glad to walk you through it.

Mary Bark and David Szusz, REALTORS® with RE/MAX River City, serve St. Albert, Sherwood Park, Leduc, Beaumont, and all of Edmonton and area.

Mary Bark and David Szusz, RE/MAX River City, thereteam.ca, 780.905.6255

Sources: REALTORS® Association of Edmonton data as reported by Christina Reid, Century 21 (St. Albert Real Estate Market Statistics Update, August 2026); Yahoo News Canada (October 1, 2026); Daily Hive Edmonton (October 5, 2026).

By Mary Bark & David Szusz, The Real Estate Team, REMAX River City

Published October 8, 2026

If you own a home in an established Edmonton neighbourhood, are shopping for an infill property or are considering selling a lot with redevelopment potential, the latest provincial announcement is worth understanding.

The first step is to separate the announcement from what can actually be approved on a particular property. A headline cannot tell you the full story of a lot, an application or a construction project.

What has been announced?

On October 8, Alberta directed Edmonton to restore parameters for high density infill housing types, density and height from before its 2024 zoning changes, along with minimum on site parking requirements from before 2020. The City has three months to amend its bylaw and 18 months for a broader review involving public and industry consultation.

The province describes its goal as supporting appropriately scaled infill with adequate infrastructure, rather than ending infill development.

Source: Government of Alberta, Growing neighbourhoods responsibly, October 8, 2026.

What is infill housing?

Infill means adding housing within an existing neighbourhood. Depending on the site and applicable approvals, that might involve replacing an older home or adding more homes to an already developed area. It is a broad term, so it helps to ask what kind of project is being discussed.

Does this mean every project stops immediately?

The provincial news release sets a timetable for bylaw changes. It does not explain how every existing permit, pending application or project under construction will be treated.

Avoid assuming an approved project has been cancelled, or that an unapproved proposal can proceed under earlier rules. Those are different situations. Before making a purchase or development decision, ask the City for current, property specific confirmation of the applicable rules and permit status.

If you are buying a home

Look at both the home and the surrounding properties. What exists today? Are there active applications or approved projects nearby? What questions about parking, privacy or access would affect your decision?

If redevelopment potential is part of the appeal, make it a separate due diligence item. Ask for documentation supporting the proposed use, rather than relying on a listing description, an old drawing or what was possible on a neighbouring lot.

Your questions should include:

• What rules apply to this specific parcel at the time of purchase?

• Is the proposed project approved, under review or only a concept?

• What parking and servicing requirements need to be confirmed?

• Could the transition affect the intended use or timeline?

If you are selling

Be precise about what you are offering. An existing home, a lot with potential and a property with an approved development permit are different propositions.

If your marketing mentions redevelopment, review the wording and supporting information before going live. Buyers should be able to distinguish confirmed approvals from possibilities that still require investigation.

There is also no sound basis for promising that this announcement alone will increase or decrease the value of every home. For your selling plan, focus on relevant comparable sales, current competition and the features of your property, while monitoring how buyers respond to the evolving rules.

If you already own a home nearby

Start with the specific project or concern. A useful question is, “What has been applied for or approved at this address?” That creates a clearer conversation than relying on a general description of what might be built.

Keep an eye on the City's implementation updates and opportunities to participate in consultation. Save the date and source of any information you rely on, because an early announcement and the final adopted wording may answer different questions.

Planning your next move?

Whether you are buying, selling or weighing the potential of a property, our team can help identify the questions that matter to your decision and where additional confirmation is needed.

Connect with Mary Bark & David Szusz at The Real Estate Team through thereteam.ca.

REMAX River City

Information reflects the October 8, 2026 provincial announcement. Confirm current requirements and the treatment of individual permits and applications directly with the City of Edmonton before relying on development potential.

Sherwood Park buyers and sellers got a change of pace in August. After a busy spring and early summer, activity cooled while home values held steady. If you are searching for Sherwood Park home prices or wondering what the market is doing right now, here is what the latest numbers show.

Sherwood Park Market Snapshot, August 2026

Average sale price: $520,000. That is up about 2.2% from roughly $509,000 in August 2025. Prices are climbing, but gently.

Homes sold: 96. Sales were down about 20.7% from 121 in August last year, a clear sign of a more relaxed pace.

Average days on market: 40. A year ago the average was about 31 days, so homes are taking roughly nine days longer to sell.

New listings: 146. That is down about 7% from 157 a year earlier, so sellers are not flooding the market.

Sale to asking price: about 99.8%. Homes that sold still closed very close to the asking price.

Average asking price: $586,000. Asking prices are up about 11% year over year, which suggests some sellers are listing higher than recent sales support.

The Bigger Picture

Looking at January through August 2026, the market is steadier than the August numbers alone might suggest. Sales are up about 1.6% over the same period in 2025, with 1,012 homes sold. The year to date average sale price is $524,000, up about 2.7%. Average days on market sit at 35, compared with 29 last year.

In plain terms, Sherwood Park is moving from a fast market toward a more balanced one. That is a transition, not a downturn.

What This Means for Buyers

Buyers have a little more room to breathe. Longer days on market mean less pressure to make a rushed decision, and more time to compare homes, book second showings, and negotiate terms. With homes selling near asking price, the best results still come from being well prepared, with financing approved and a clear picture of what comparable homes have actually sold for.

What This Means for Sellers

Sellers still have a healthy market, but pricing matters more than it did in the spring. The gap between average asking price and average sale price is a reminder that homes priced to recent sales attract the strongest interest, while overpriced listings tend to sit. Good photography, careful preparation, and a pricing strategy based on current comparables make a real difference.

Thinking About Making a Move in Sherwood Park?

Every street and every home is different, and averages only tell part of the story. If you want to know what your home could sell for, or what your budget can buy in Sherwood Park, Strathcona County, or anywhere across the Edmonton area, we would be glad to help.

Mary Bark and David Szusz are REALTORS® with RE/MAX River City, serving Edmonton, Sherwood Park, St. Albert, Leduc, Beaumont, and rural Strathcona, Sturgeon, and Parkland Counties.

Market data source: Sherwood Park Real Estate Market Update, August 2026 Statistics, Chris Reid, Century 21 Leading, published September 24, 2026. Figures are averages and can vary by neighbourhood and property type.

Mary Bark and David Szusz, RE/MAX River City, thereteam.ca, 780.905.6255

Edmonton's market is moving into fall with more choice for buyers and a slower pace for sellers. The Greater Edmonton Area finished September with 8,062 homes for sale and 1,959 sales, which works out to just over four months of supply. That is a balanced market that is leaning toward buyers. The question most people are asking has changed. It is no longer "Can I find anything?" It is "What is the right price, and how much room do I have to negotiate?"

Where Prices Stand Today

The average selling price across all residential types was $466,080 in September, down 0.8% from August and up 2.9% from a year ago. The MLS Home Price Index composite benchmark, which tracks a typical home and is less swayed by what happens to sell in a given month, was $423,100. That is down 0.9% from August and down 0.3% from last year. In plain terms, prices are holding on to this year's gains, but growth has flattened.

By property type:

Detached homes averaged $569,820, down 1.1% from August and up 2.9% from last year. The single family benchmark price was $518,900. Detached homes were the busiest segment with 1,221 sales and the shortest time to sell at 42 days on average.

Semi detached homes averaged $412,974, down 2.7% from August and down 4.8% from last year. There were 212 sales, and new listings jumped 25.4% compared to last September.

Row and townhomes averaged $289,640, down 2.9% from August and down 4.5% from last year. The townhouse benchmark price was $269,500. There were 246 sales, with homes taking about 45 days to sell.

Apartment condos averaged $208,672, down 3.1% from August but up 0.6% from last year. The apartment benchmark price was $197,400. There were 280 sales, and condos took the longest to sell at about 50 days.

Across the whole market, the average home took 44 days to sell, three days longer than in August and five days longer than a year ago.

What This Means If You're Buying

1. Use your leverage, thoughtfully. Inventory is up 16.7% from a year ago and homes are sitting longer. You have more room to negotiate on price, possession dates and conditions than you did a year ago, especially on semi detached, townhome and condo listings.

2. Do not assume every home is negotiable. Well priced, well presented homes in good locations are still selling. Look at recent comparable sales before you decide how hard to push.

3. Get your mortgage preapproval in place and keep your financing conditions realistic. A clean offer from a prepared buyer still stands out, even in a balanced market.

4. Compare the segments. Townhomes and condos are down from last year, while detached prices are slightly up. Depending on your budget, that difference may open up options you had written off.

5. Consider renting as a bridge if you are relocating. Average rent for a one bedroom was $959 and for a two bedroom was $1,481 in September, with 98 active rentals, which gives newcomers flexibility while they find the right neighbourhood.

What This Means If You're Selling

Is it still a good time to sell? Yes, if you price it correctly. Buyers have more choice than they have had in a while, so the home that is priced right from day one is the one that gets attention.

Why are homes taking longer to sell? New listings rose 11.3% from last year while sales fell 10.3%. More supply and fewer buyers means more comparing and more time between showings and offers.

Should I wait until spring? Seasonal patterns suggest sales activity will not rebound until after the new year, and rising inventory could soften price growth further. Waiting is not automatically a better deal, because you may be competing with more listings. A conversation about your timeline and your goals is the best way to decide.

How should I price my home? Anchor to what comparable homes actually sold for recently, not what they were listed for. An overpriced listing that sits tends to end up selling for less than one priced correctly at the start.

What Is Ahead for the Rest of 2026

The Realtors Association of Edmonton expects the usual seasonal pattern to continue, with sales staying quiet through the end of the year before picking up in the new year. New listings are still coming on, so inventory will likely stay elevated through the fall and winter. Prices are still holding on to this year's gains, but with more homes available, price growth could slow further. For buyers, that points to a stretch of good selection and negotiating room. For sellers, it makes strategy, preparation and pricing more important than ever.

The Bottom Line

Edmonton is a balanced market that is tilting toward buyers. Prices are steady, inventory is growing, and homes are taking a little longer to sell. That is not a reason for concern. It is a reason to be strategic, whether you are buying, selling or moving here from out of province. If you are thinking about making a move this fall, reach out for a no pressure conversation about what these numbers mean for your situation.

780-905-6255 · thereteam.ca
Mary Bark & David Szusz, The Real Estate Team, RE/MAX River City
Sources: REALTORS Association of Edmonton, Monthly Market Statistics, September 2026 (released October 2, 2026); MLS Home Price Index. Months of supply calculated from month end inventory and monthly sales.