New Housing Construction
Absorbed Unit Prices ($)

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Edmonton — Average, Median and Price Percentiles for Absorbed Homeowner and Condominium Units by Zone

  1st 20% 2nd 40% 3rd 60% 4th 80% Median Average Units
Edmonton 461,000 545,000 608,000 728,000 575,000 620,721 527
Downtown ** ** ** ** ** ** 0
Hudson's Bay Reserve ** ** ** ** ** ** 0
University ** ** ** ** ** 1,549,750 9
West Central ** ** ** ** ** 841,989 10
Jasper Place ** ** ** ** ** ** 0
West Jasper Place 440,000 525,000 569,000 652,000 550,000 576,266 128
South West 476,000 579,000 646,000 738,000 620,000 638,818 107
East Central ** ** ** ** ** ** 8
Millwoods 490,000 545,000 605,000 745,000 585,000 611,956 78
North Central ** ** ** ** ** ** 4
North East 436,000 518,000 625,000 672,000 552,500 588,640 35
Castledown 546,000 581,000 729,000 917,000 640,000 697,516 30
St. Albert 457,000 528,000 576,000 684,000 557,500 558,536 18
Other Outlying Areas 464,000 544,000 650,000 976,000 570,000 693,963 24
Fort Saskatchewan 440,000 500,000 580,000 615,000 555,000 541,065 20
Leduc 392,000 420,000 443,000 520,000 430,000 449,015 11
Spruce Grove 424,000 500,000 564,000 643,000 510,000 535,445 25
Stony Plain ** ** ** ** ** ** 6
Strathcona County 611,000 764,000 790,000 988,000 787,500 787,170 10
Notes:
  • CMA, CA and CSD definitions are based on 2021 Census Geography Definitions
Source: CMHC Market Absorption Survey (opens in new window)