Oakmont, St. Albert - October 2026 Real Estate Report
Oakmont, St. Albert: Your Neighbours Are Watching the Market. You Should Be Too.
If you own a home in Oakmont and you haven't checked your property value lately, here's a nudge. The market is moving, and the numbers tell two very different stories depending on whether you own a house or a condo. Let's break it down.
The Vibe: Houses vs. Condos in Oakmont
Houses - Sellers Are Winning Right Now
If you've been watching the "For Sale" signs in Oakmont, here's what's actually happening. Houses are selling fast and above asking. The average sale price hit $716,667 this month - up 8.8% from last month. Buyers are paying 101.47% of list price on average. That means people are fighting over listings, and sellers are pocketing more than they asked for.
- Average HonestDoor Price: $703,246 (up 0.36% from last period)
- Average sale price this month: $716,667
- Average list price: $832,960
- Price per square foot: $323
- Average days on market: 14
- Sales-to-list ratio: 101.47% - buyers are paying over asking
- Estimated monthly rent: $3,274
- Airbnb potential: $163 per night - ranked 4th in St. Albert
- Transactions in 2026: 39
We are not in a slow market for houses. Fourteen days to sell is quick. The days-on-market rank is 5 out of 19 neighbourhoods in St. Albert - that puts us in the faster-selling tier of the city. On price, we rank 5 out of 21, meaning Oakmont houses sit well above average for St. Albert. The one thing worth watching: the predicted market value of $700,710 is sitting slightly below the 3-month moving average of $709,114. That's the market taking a small breather after a strong run. It's not a red flag - it's just worth knowing.
On the neighbourhood leaderboard, Oakmont houses rank 15 out of 22 for growth rate in St. Albert. That's below average for momentum right now. But with prices already in the top quarter of the city, Oakmont is more of a "hold your value" market than a "shoot up overnight" one.
Condos - Expensive, Fast, and Flying Under the Radar
Condos in Oakmont are a different story - and honestly, a surprising one. We only had one condo sale this month, so take the averages with some context. But that one sale closed at $649,000, and it sold at essentially 100% of list price in 12 days. Twelve days. That's the second-fastest days-on-market ranking for condos in all of St. Albert.
- Average HonestDoor Price: $542,611 (up 10.28% from last period)
- Average sale price: $649,000
- Price per square foot: $436
- Average days on market: 12
- Sales-to-list ratio: 100.03%
- Estimated monthly rent: $2,701
- Rental yield: 3.85%
- Airbnb potential: $134 per night - ranked 7th in St. Albert
- Transactions in 2026: 4
Oakmont condos rank 3 out of 18 for price in St. Albert - meaning we're among the most expensive condo markets in the city. Every nearby neighbourhood - Erin Ridge, Erin Ridge North, Inglewood Park - is cheaper. If you own a condo here, you're sitting on a premium asset. The growth rank of 20 out of 23 is the one soft spot, but with a 10.28% jump in the HonestDoor Price this period, the momentum is clearly picking up.
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, sometimes longer. It doesn't know that Oakmont house prices jumped 8.8% last month. It doesn't know that condo values are up 10.28% in the latest period. It's basically a photo of your house from last winter being used to describe what it looks like today.
The HonestDoor Price is updated in real time using actual transaction data, current listings, and local market signals. For Oakmont houses, that number sits at $703,246 right now. For condos, it's $542,611. These aren't guesses - they're built from what buyers are actually paying in your neighbourhood today. If you're making any decision about your home - selling, refinancing, or just figuring out where you stand - the HonestDoor Price is the real-world check your tax assessment can't give you.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Oakmont and you're thinking about listing this summer, the conditions are about as good as they get. Buyers are paying over asking. Homes are gone in two weeks. Supply is tight - only 3 houses sold last month, down 50% from the month before, which tells us inventory is low. Low inventory plus motivated buyers equals leverage for sellers.
If you own a condo, the story is similar but smaller in volume. One sale a month means your timing matters a lot. When a condo does hit the market here, it moves fast and it sells at price. Being the only well-priced listing in a premium neighbourhood is a strong position to be in.
Either way, the move right now is to check your HonestDoor Price before you talk to anyone. Know your number before the conversation starts. That's how you walk into a listing meeting with confidence instead of guesswork.
Oakmont isn't the flashiest growth story in St. Albert right now - but it's one of the most stable, well-priced, and fast-moving markets in the city. That's not a bad place to be.
oakmont | st. albert | october 2026This 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.