Michaels Park Real Estate Market Report

Closed sales, November 2025 to October 2026 · Zone 29, Edmonton

Michaels Park in short

31 homes sold in Michaels Park from November 2025 to October 2026. Houses sold for a median $425,350 and took 27 days, at 97.4% of list price.

What homes sold for, by type

Houses

$425,350

16 sales · 27 days to sell · 97.4% of list price

Townhouses

$235,000

9 sales · 32 days to sell · 98.0% of list price

Condo apartments (6) had fewer than 8 sales, too few for a typical price of their own; they still count in the totals.

Each figure is the median of what that type actually sold for over the past 12 months — the middle sale, so one large or small home doesn’t move it. It is not the value of any one home.

Where prices fell

Houses sold by price, past 12 months · red marks the median

Townhouses sold by price, past 12 months · red marks the median

Through the year

Houses sold per quarter

QuarterSalesMedian priceDays to sell
Nov ’25–Jan ’261too few to say–
Feb–Apr 20261too few to say–
May–Jul 20268$425,35027
Aug–Oct 20266$413,25017

Spring is normally the Edmonton region’s busiest season and late fall its slowest, so compare a quarter with the same quarter a year earlier rather than the one before. A quarter with fewer than 5 sales shows no median.

How fast, and how close to asking

TypeSalesMedian pricePer sq ftDays to sellSale-to-listSold under asking
Houses16$425,350$3392797.4%81%
Townhouses9$235,000$1923298.0%78%

Sale-to-list is the sold price against the final list price, so a home that was reduced before it sold counts against its last price, not its first. Days to sell is the median days on the market for the listing that sold.

Supply as of November 1, 2026

All home types

3.1 months of supply

8 for sale · about 2.6 sales a month

All home types: 8 for sale against about 2.6 sales a month, or 3.1 months of supply — tight on supply alone. 84% sold under asking, so buyers were negotiating.

Months of supply is the homes for sale divided by the average month’s sales over the past year. Under four months is usually tight, four to six balanced, over six ample. Supply is one measure; read it with how close to asking homes sold. Sales usually slow through fall and winter, which stretches the figure.

What a typical sale looks like

Houses

1,221sq ft, typical size
1974typically built
4bedrooms
2.5bathrooms
88%finished basement
100%with a garage

Townhouses

1,281sq ft, typical size
1976typically built
4bedrooms
1.5bathrooms
33%finished basement
78%with a garage

Each figure is its own median across that type’s sales here in the past year, not one particular home. A half bath counts as half.

Sold prices against the City assessment

Houses that sold here had a median price of $425,350. The City’s 2026 assessment puts the median house in Michaels Park at $420,000, across all 460 of them, so sales ran 1% above the roll. The assessment values every home as of July 1, 2025, so it trails the market; it is a starting point, not a sale price.

Houses across Zone 29

NeighbourhoodSalesMedian priceDays to sellSale-to-list
Bisset32$430,0002299.0%
Crawford Plains40$417,5002398.1%
Daly Grove21$439,0002698.1%
Ekota17$450,00016100.0%
Greenview15$517,5002798.7%
Hillview23$463,0002099.1%
Jackson Heights33$480,0003298.1%
Kameyosek13$411,2003397.5%
Kiniski Gardens70$379,5001898.5%
Lee Ridge10$351,2503497.9%
Menisa29$460,0002896.9%
Meyokumin20$410,5004198.5%
Meyonohk20$420,8001898.2%
Michaels Park16$425,3502797.4%
Minchau23$379,9002597.9%
Pollard Meadows23$422,0001998.8%
Richfield17$425,9501999.1%
Sakaw31$388,0003797.8%
Satoo25$427,0002497.2%
Tipaskan10$407,5001898.1%
Tweddle Place18$439,5002098.4%
Weinlos24$391,9501598.9%

Common questions

What is the average home price in Michaels Park?

Over the past 12 months the median house in Michaels Park sold for $425,350, across 16 sales.

How fast do homes sell in Michaels Park?

The median house sold in 27 days over the past year, at 97.4% of its final list price.

Is Michaels Park a buyer's or a seller's market?

Homes had 3.1 months of supply at the end of October 2026, which reads as tight, and 84% sold under asking, so buyers were negotiating. Supply is one measure; read it with how close to asking homes sold, and remember that sales usually slow through fall and winter.

Where do these figures come from?

Closed sales on the REALTORS® Association of Edmonton MLS® System, November 2025 to October 2026, aggregated by Real Living. Every figure is a median or a count; no single sale is shown.

About these figures

Closed sales from the REALTORS® Association of Edmonton MLS® System, November 2025 to October 2026, with homes for sale counted on November 1, 2026. Houses include detached homes and freehold half duplexes; condo-titled townhouses and apartments are counted separately by building style. Lots and acreages are left out. Medians, not averages, and nothing per-property. Figures describe what sold, not what any specific home is worth.