If you've been watching the "For Sale" signs in Oxford lately, here's the honest read: the market is taking a breather. Houses are moving slower, prices have dipped, and buyers are getting a little more leverage than they had a few months ago. Condos are a different story - quieter, steadier, but with their own set of challenges. Let's break it down.
The average house sale price in Oxford right now is $486,771 - down 17.1% from last month. That's a number worth paying attention to. Sellers are listing at an average of $554,927, but buyers are landing deals at about 97.39% of list price. Translation: if you're listing, expect some negotiation. The gap between what sellers want and what buyers will pay is real.
Homes here are sitting 52 days on average before selling. Compare that to Carlton and Albany, where houses are moving in 43 days. That gap tells us Oxford buyers right now have time on their side - they're not rushing. For sellers, that means presentation and pricing matter more than ever.
On the neighbourhood leaderboard, Oxford houses rank 107 out of 285 Edmonton neighbourhoods for growth - solidly above average. Price rank sits at 124 out of 285, also above average. We're not at the top of the pack, but we're not sliding to the bottom either.
The condo side of Oxford is a different animal. Only 2 condos sold this period, and the average sale price came in at $259,750 - essentially flat. Buyers are paying 97.38% of list price here too, so the same negotiating dynamic applies. The bigger issue? Condos are sitting on the market for an average of 202 days. That's a long time, and it ranks 103 out of 113 Edmonton neighbourhoods for days on market. Slow is an understatement.
One bright spot for condo owners: Oxford condos are priced above most nearby competition. Carlton condos are predicted at $238,904 and Albany at $258,019 - Oxford sits higher at $273,143. If you own here, you're holding a relatively premium product in this corner of the city. The challenge is finding the right buyer, and right now, that takes patience.
On the neighbourhood leaderboard, Oxford condos rank 159 out of 297 for growth - below average. But the price rank is 67 out of 218, which puts us well above average in value. Higher price, slower movement - that's the condo story here right now.
Here's something most Oxford homeowners don't think about until it's too late: the city's assessed value on your property is a snapshot from the past. It doesn't update in real time. It doesn't know what happened to prices last month. It's essentially a lagging indicator dressed up as official paperwork.
For houses in Oxford, the average city assessment sits at $505,299. The HonestDoor Price - which pulls from current market activity - comes in at $520,004. That's a $14,705 difference. For condos, the gap actually flips: the city assessment averages $276,337, while the HonestDoor Price is $266,787. The city thinks your condo is worth more than the market currently does.
Why does this matter? If you're making any financial decision - refinancing, selling, buying out a partner, or just figuring out your net worth - using a stale government number can lead you in the wrong direction. The HonestDoor Price is the real-world check. It reflects what's actually happening on Oxford streets right now, not what happened 12 months ago when the city did its last round of assessments.
With house values down 1.51% recently and condo values down 0.62%, the gap between your assessment and reality could be widening. Check your HonestDoor Price before you make any moves.
If you own a house in Oxford and you're thinking about listing this summer, here's the straight talk: the window is tighter than it was six months ago. Prices have softened, days on market are creeping up, and buyers know they have options. That doesn't mean you can't sell well - it means you need to price sharp from day one. Homes sitting 52 days are the ones that started too high and had to chase the market down.
The predicted market value for Oxford houses is $521,908, but the 3-month moving average is $526,316 and trending down. Price ahead of the curve, not behind it.
For condo owners, summer selling is a tougher call. With 202 average days on market and only a handful of transactions happening, you need to be realistic about your timeline. If you have flexibility, waiting for more market activity could work in your favour. If you need to move, price competitively - buyers here are not in a hurry.
One thing working in Oxford's favour across both property types: rental demand is real. Houses are pulling $2,608 per month in estimated rent with a 5.59% yield. Condos are at $1,464 with a 4.23% yield. If selling right now doesn't feel right, holding and renting is a legitimate strategy while the market finds its footing.
Bottom line - Oxford is a solid neighbourhood with above-average prices and real rental income potential. The market is just asking sellers to be a little more patient and a lot more strategic than they needed to be a year ago.
oxford | edmonton | 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.