Ogilvie Ridge, Edmonton - September 2026 Real Estate Report

Ogilvie Ridge Real Talk: Your Home Is Worth More Than the City Thinks

If you own in Ogilvie Ridge and you have not checked your HonestDoor Price lately, you are leaving real money on the table. The city's average assessed value sits at $836,532 - but the average HonestDoor Price is $885,489. That is a $48,957 gap. That gap matters when you are pricing a sale, refinancing, or just figuring out where you actually stand.

The Vibe: What Is Happening With Houses and Condos Right Now

Let us break it down by property type, because the two stories are pretty different.

Houses - Strong Prices, Slow Burn

Houses in Ogilvie Ridge are holding their ground. The average sale price is sitting at $940,000, with active listings averaging $970,000 right now. Buyers are paying about 96.91% of list price, which means there is a little room to negotiate - but not much. This is a stable buyers' market, not a fire sale.

• Average sale price: $940,000
• Current average listing price: $970,000
• Price per square foot: $382
• Average days on market: 18 days
• HonestDoor predicted value: $897,438
• Estimated monthly rent: $3,899
• Rental yield: 4.89%
• Recent value change: up 0.71%

Eighteen days on market is fast. On the Edmonton leaderboard for days-on-market, Ogilvie Ridge houses rank 17 out of 112 neighbourhoods - that puts us in the top tier for speed. And on price, we rank 24 out of 285 neighbourhoods. We are in the expensive end of Edmonton, and buyers know it. Growth rate ranks 98 out of 291, which puts houses in the above-average category city-wide.

Compare that to the neighbours: Hodgson houses are averaging a HonestDoor Price of $773,529 and Carter Crest is at $696,564. Ogilvie Ridge is not just holding its own - it is leading the block.

Condos - A Quiet Outperformer

The condo story here is one we do not talk about enough. Ogilvie Ridge condos are quietly punching above their weight. The average sale price is $421,000, and the HonestDoor Price is $375,576. Growth rate ranks 43 out of 302 Edmonton neighbourhoods - that puts condos here in the top performers category across the city.

• Average sale price: $421,000
• Current average listing price: $450,000
• Price per square foot: $312
• Average days on market: 72 days
• HonestDoor predicted value: $378,971
• Estimated monthly rent: $1,987
• Rental yield: 4.06%
• Recent value change: up 1.90%

Condos are taking a bit longer to sell - 72 days on average - and buyers are paying about 93.56% of list price. So if you are listing a condo, pricing it right from day one matters more than it does for houses. The good news is that at $421,000, we are still ahead of nearby Hodgson condos, which are averaging $368,500 in sales.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment - it is a snapshot from the past. The city looks at data from a specific valuation date and applies it across the board. It does not know what sold on your street last month. It does not adjust for your renovated kitchen or the fact that the market moved since that number was locked in.

The HonestDoor Price updates in real time. It pulls from actual transaction data, current listings, and live market signals. For Ogilvie Ridge houses, the HonestDoor Price of $885,489 is already 5.85% higher than the average city assessment. That is not a small rounding error - that is nearly $49,000 that your assessment is not capturing.

If you are using your assessment to decide whether to sell, refinance, or even just understand your net worth, you are working with an outdated number. Check your HonestDoor Price at HonestDoor.com. It takes about 30 seconds and it is free.

The So What - Should You Sell This Summer?

If you own a house in Ogilvie Ridge and you have been thinking about selling, the conditions are about as good as they get in a steady market. Eighteen days on market means serious buyers are out there. Prices are holding near $940,000 on sales and $970,000 on active listings. You are not going to get a bidding war frenzy, but you are also not going to sit unsold for months.

The key move right now is to price based on the HonestDoor predicted value of $897,438 and current comparable sales - not your city assessment. The gap between those two numbers is your negotiating room.

For condo owners, the picture is a bit more patient. Seventy-two days on market means you need to price sharp and present well. The growth rank of 43 out of 302 tells us the long-term trajectory is solid, but buyers have options right now and they know it. If you are not in a rush, holding is not a bad call. If you need to move this summer, price it at or just below the $421,000 average sale price and you will find your buyer.

Bottom line - Ogilvie Ridge is one of Edmonton's more expensive and faster-moving neighbourhoods. With 308 properties assessed and 11 house transactions already recorded in 2026, there is real activity here. The market is not overheating and it is not cooling off. It is doing exactly what a mature, well-located neighbourhood does - it holds value and rewards patient owners.

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.