Oakmont, St. Albert - August 2026 Real Estate Report

Oakmont, St. Albert: Here's What Your Home Is Actually Worth Right Now

If you've been glancing at your city assessment and wondering if it still reflects reality, the short answer is: probably not. Here's the real picture for Oakmont homeowners heading into summer 2026.

The Vibe: Houses vs. Condos - Two Very Different Stories

We're seeing a clear split in Oakmont right now, and it matters depending on what you own.

Houses are holding strong. The average sale price sits at $741,340, and homes are moving fast - 14 days on market on average, which ranks 2nd out of 17 neighbourhoods in St. Albert for speed. That's not a slow market. That's buyers making decisions quickly. Even better, houses here are selling at 101.47% of list price, meaning sellers are getting more than they're asking. That's a sellers' market doing what a sellers' market is supposed to do.

• Average HonestDoor Price (Houses): $710,058
• Average Sale Price: $741,340
• Current Listings Average: $832,960
• Price Per Square Foot: $337
• Days on Market: 14
• Sale-to-List Ratio: 101.47%
• Estimated Monthly Rent: $3,298
• Rental Yield: 5.22%

Condos are taking a breather. The condo side of Oakmont is a different conversation. One sale in the recent period, 76 days on market, and buyers are landing deals at 94.15% of list price. That means if you're listing a condo, you're likely negotiating down. The HonestDoor Price for condos has dropped 9.82% from the previous period - that's a number worth paying attention to, not ignoring.

• Average HonestDoor Price (Condos): $486,767
• Average Sale Price: $320,000
• Current Listings Average: $339,900
• Price Per Square Foot: $419
• Days on Market: 76
• Sale-to-List Ratio: 94.15%
• Estimated Monthly Rent: $2,443
• Rental Yield: 3.76%

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing about city assessments - they're a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals. It's the number a buyer's agent is going to use when they sit across the table from you.

For house owners in Oakmont, the HonestDoor Price of $710,058 is your real-world check. The predicted market value for houses sits at $716,573, which is ticking up against the 3-month moving average of $715,218. That's a stable, slightly improving picture. Your city assessment isn't telling you that.

For condo owners, the HonestDoor Price drop of 9.82% is exactly the kind of signal you need to see before you price a listing - not after. Waiting for the next assessment cycle to confirm what the market already knows is how sellers leave money on the table, or worse, overprice and sit.

Oakmont also ranks 4th in St. Albert for Airbnb potential on the house side. If you're thinking about short-term rental income, that's a top-tier position in the city.

The Neighbourhood Leaderboard

Let's be straight about where Oakmont sits in the St. Albert rankings right now.

• Growth Rate Rank (Houses): 18 out of 23 - below average, the market here isn't leading the city on appreciation right now
• Days-on-Market Rank (Houses): 2 out of 17 - near the top, homes sell fast here
• Price Rank (Houses): 7 out of 21 - above average, Oakmont commands a premium
• Airbnb Rank in St. Albert (Houses): 4th - strong short-term rental position
• Growth Rate Rank (Condos): 18 out of 23 - below average, consistent with the house side
• Days-on-Market Rank (Condos): 11 out of 15 - slower than most, buyers are cautious

Compared to neighbours, Erin Ridge comes in cheaper on both houses ($649,152) and condos ($315,239). Erin Ridge North runs higher on houses ($844,030). Oakmont sits comfortably in the middle - premium enough to attract serious buyers, not so high that it scares them off.

The So What - Should You Sell This Summer?

If you own a house in Oakmont, the case for selling this summer is real. Homes are moving in two weeks, buyers are paying over asking, and your price rank puts you above most of the city. The growth rate isn't setting records, but you don't need record growth when your sale-to-list ratio is already above 100%.

If you own a condo, take a breath and get your numbers right before you list. The market is slower, buyers have leverage, and the HonestDoor Price has pulled back nearly 10%. That doesn't mean don't sell - it means price it honestly from day one. Sitting on the market for 76 days costs you more than a sharp, accurate list price will.

Either way, the first move is checking your HonestDoor Price today - not your last tax notice. The market doesn't wait for the city to catch up, and neither should you.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.