Edmonton Luxury Real Estate Market Report: September 2026
September 2026 in short
60 luxury homes sold in Edmonton in September 2026 at a median of $1,074,380 (average $1,236,740), $454 per square foot. Half sold within 42 days, at 96.7% of the final list price on average. The lowest sale was $850,000 and the highest $3,030,000. Supply stood at 7.2 months, and 77% of sales closed below asking.
September 2026 at a glance
Every figure in this report is a closed sale in Edmonton between September 1, 2026 and September 30, 2026, from the REALTORS® Association of Edmonton’s MLS® system. Sale prices, not asking prices.
What this means for you
If you are selling
- The typical luxury home sold for 96.7% of its final list price, and 8 in 10 sold below asking. Set the price from what comparable homes actually sold for; a price above that usually ends in a reduction.
- Half sold within 42 days. A listing that passes that mark without an offer is usually telling you about its price.
- With 7.2 months of supply and 8 in 10 homes selling below asking, buyers have choice and are using it. Presentation and a sharp first price matter; an aspirational price does not work in this market.
If you are buying
- Buyers paid an average of 3.3% under the final list price. The room is real, but it varies by community — check the community table before you write an offer.
- 17% of sales went over asking. Those are the homes priced right in the first week; if one appeals, expect competition.
- 7.2 months of supply means time to compare, and room to negotiate on conditions as well as price.
Lowest and highest sale
Lowest sale
$850,000
A split level in Westbrook Estates, 4 bedrooms, 2,350 sq ft, built 1969. Sold in 11 days.
Highest sale
$3,030,000
A 2.5-storey in Windsor Park, 5 bedrooms, 5,703 sq ft, built 2016. Sold in 72 days.
The spread between them is the range a single median hides. Addresses are left out; ask Ryan for the sales on a particular street.
Buyer’s or seller’s market?
At September’s pace, the luxury homes for sale at month end would take 7.2 months to sell. On supply alone that reads as ample: under four months is usually tight, four to six balanced, over six ample. Supply is only one measure. Luxury homes sold for 96.7% of their final list price on average and 77% sold below asking, so buyers were negotiating. Edmonton sales also usually slow through fall and winter, which stretches this figure in the months that follow.
Over, at or under asking
10 of 60 luxury homes sold above the final list price, 4 at it and 46 below it. Final list price means after any reductions, so the discount from the first asking price was larger.
Sales by price range
Red marks the range the median sale falls in
| Sale price | Sales | Share | Avg per sq ft | Median days | Sale to list |
|---|---|---|---|---|---|
| $850K–$1M | 20 | 33% | $398 | 24 days | 96.9% |
| $1M–$1.5M | 29 | 48% | $462 | 39 days | 97.3% |
| $1.5M–$2M | 7 | 12% | $514 | 133 days | 94.5% |
| $2M and up | 4 | 7% | — | — | — |
Where they sold
The 10 communities with the most sales
60 luxury homes sold across 40 communities. Only Windsor Park (5 sales, median $1,200,000) had five or more, so there is no community table: below five sales, one house sets the figure.
By area of the city
How the top end compares
Luxury homes took a median 42 days to sell against 35 days for the market as a whole, and sold at 96.7% of list price against 97.3%. Luxury homes for sale shows what is on the market now.
By bedrooms
| Bedrooms | Sales | Median price | Avg per sq ft | Median days | Sale to list |
|---|---|---|---|---|---|
| 2 | 1 | — | — | — | — |
| 3 | 7 | $1,044,750 | $499 | 41 days | 96.5% |
| 4 | 17 | $1,142,800 | $491 | 20 days | 97.6% |
| 5+ | 35 | $1,070,000 | $414 | 57 days | 96.3% |
By age of home
| Built | Sales | Median price | Avg per sq ft | Median days | Sale to list |
|---|---|---|---|---|---|
| Before 1960 | 7 | $1,050,000 | $659 | 29 days | 97.7% |
| 1960-1979 | 8 | $1,005,000 | $390 | 67 days | 92.0% |
| 1980-1999 | 7 | $1,150,000 | $495 | 11 days | 100.5% |
| 2000-2014 | 20 | $1,063,880 | $368 | 34 days | 97.1% |
| 2015 and newer | 18 | $1,517,500 | $482 | 54 days | 96.6% |
How these figures are calculated
- Closed sales recorded on the MLS® system with a sale date in September 2026, inside the City of Edmonton. St. Albert, Sherwood Park and the surrounding towns are not included.
- Vacant lots and acreages are left out (13 this month).
- Luxury means a sale price of $850,000 or more, any property type. Single-family is every home not owned as a condominium, including duplexes. Condos are condominium apartments and townhouses.
- Price per square foot divides the sale price by the total finished floor area above grade, where it is recorded.
- Days on market is the median for the final listing. A home relisted after a cancellation starts again at zero, so time since first listed is usually longer.
- Sale to list is the average sale price as a share of the final list price.
- Community tables need five sales; below that one house sets the figure.
- Months of supply divides the active listings counted when the month closed by the month’s sales. It is recorded once and does not change afterwards. It is read here beside the sale-to-list ratio and the season, not on its own.
- Information believed accurate but not guaranteed.
Common questions
How many luxury homes sold in Edmonton in September 2026?
60, at a median sale price of $1,074,380 and an average of $1,236,740.
What was the average price per square foot for luxury homes in Edmonton?
$454 per square foot on average in September 2026, from closed sales.
How long are luxury homes taking to sell in Edmonton?
Half sold within 42 days in September 2026, at 96.7% of the final list price on average.
Which Edmonton communities had the most luxury home sales?
Windsor Park, with 5.
Is it a buyer's or seller's market for luxury homes in Edmonton?
Supply stood at 7.2 months in September 2026, which on its own reads as ample. Luxury homes sold for 96.7% of their final list price on average and 77% sold below asking, so buyers were negotiating.