Oakmont, St. Albert - July 2026 Real Estate Report

Oakmont, St. Albert: Your Neighbour Just Got a Better Offer Than You Think

If you own a home in Oakmont and you haven't checked your property value lately, you might be leaving real money on the table. The market here is moving faster than most people realize - and the gap between what the city thinks your home is worth and what buyers are actually paying is wider than ever.

The Vibe: What's Happening on Our Streets Right Now

Houses - We're in Seller Territory

The house market in Oakmont is firing. The average sale price hit $741,340 this period - up 12.8% from last month. That's not a typo. Homes are selling in an average of 14 days, which is faster than nearby Erin Ridge at 20 days. Buyers aren't just showing up, they're competing. Properties are closing at 101.47% of list price, meaning sellers are routinely walking away with more than they asked for.

• Average HonestDoor Price: $716,573
• Average Sale Price: $741,340 (up 12.8% from last month)
• Average List Price: $832,960
• Price Per Square Foot: $337
• Average Days on Market: 14
• Sale-to-List Ratio: 101.47% - buyers are paying over asking
• Predicted Market Value: $720,792 (up from 3-month average of $702,792)
• Estimated Monthly Rent: $3,341 with a rental yield of 5.21%
• Properties Sold in 2026: 26

One thing worth knowing: on the neighbourhood leaderboard, Oakmont houses rank 18 out of 22 for growth rate in St. Albert. That means the price momentum we're seeing right now is more of a short burst than a long climb. The days-on-market rank is a strong 4 out of 19 though - so demand is real, even if long-term appreciation has room to improve. Price rank sits at 6 out of 21, meaning we're solidly in the upper tier for what homes cost here.

Condos - A Different Story, Worth Understanding

The condo side of Oakmont is a different conversation. Only 1 condo sold recently, sitting on the market for 76 days before finding a buyer. The average sale price came in at $320,000, and that buyer paid 94.15% of list - meaning the seller had to negotiate down. This is a buyers' market for condos, plain and simple.

• Average HonestDoor Price: $539,757 (down 6.33% from previous period)
• Average Sale Price: $320,000
• Average List Price: $339,900
• Price Per Square Foot: $419
• Average Days on Market: 76
• Sale-to-List Ratio: 94.15% - buyers have leverage here
• Predicted Market Value: $576,203 (up from 3-month average of $535,894)
• Estimated Monthly Rent: $2,830 with a rental yield of 3.69%
• Properties Sold in 2026: 2

On the leaderboard, Oakmont condos rank 11 out of 23 for growth - above average in St. Albert. But the days-on-market rank of 12 out of 15 tells the real story: these units are sitting longer than most comparable spots in the city. If you own a condo here and are thinking about selling, pricing strategy matters a lot right now.

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on broad formulas, not what's actually happening on your street today. The HonestDoor Price is updated in real time using actual sales data, current listing activity, and neighbourhood-level trends. It's the difference between a map from last year and GPS running right now.

For Oakmont house owners, the HonestDoor Price is $716,573 - and recent sales are closing above that at $741,340. That gap is useful information. It tells you the market is hot enough that buyers are stretching past estimated values. If your tax assessment is still anchored to older numbers, you could be significantly underestimating what your home is actually worth today.

For condo owners, the HonestDoor Price of $539,757 is notably higher than recent sale prices around $320,000. That gap works the other way - it's a signal to price carefully and not anchor too high when you list.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Oakmont, this summer looks good for you. Homes are moving in two weeks, buyers are paying over asking, and prices are up sharply from last month. The window feels open right now. That said, the growth rank of 18 out of 22 is a reminder that Oakmont isn't the fastest-appreciating neighbourhood in St. Albert over the long run - so if you're on the fence, waiting another year isn't a guaranteed win.

If you own a condo, the honest advice is this: be realistic on price. Buyers have options, they're taking their time, and the data shows they're negotiating sellers down. A sharp list price beats a long wait every time in this kind of market.

Either way, the smartest first move is checking your HonestDoor Price before you call an agent, set a number, or make any decisions. It's free, it's current, and it's built on what's actually happening in Oakmont - not what happened two years ago when the city last ran its numbers.

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.