Ozerna, Edmonton - July 2026 Real Estate Report

Ozerna, Edmonton: Your Neighbour Just Got More For Their House Than You Think

If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the straight answer: Ozerna is holding its own, and in some corners of the market, it's quietly punching above its weight. Let's break it down by property type so you know exactly where you stand.

The Vibe: Houses vs. Condos in Ozerna

Houses - Sellers Have the Upper Hand Right Now

We're seeing real momentum in the house market. The average sale price for houses in Ozerna is sitting at $503,600 - that's up 4.4% from last month alone. Better yet, homes are selling for 101.30% of list price on average. That means buyers are going over asking. In a market where that's happening, if you're a seller, you have leverage.

• Average sale price: $503,600 (up 4.4% month over month)
• Average list price this month: $512,500
• Price per square foot: $299
• Sale-to-list ratio: 101.30% - buyers are paying above asking
• Properties sold in 2026: 36 total transactions
• Average days on market: 29
• Predicted market value: $507,710
• Rental yield: 5.62%
• Estimated monthly rent: $2,548

The one thing worth watching: houses are sitting for 29 days on average, which is longer than nearby Matt Berry at 20 days. That's not a crisis - it just means pricing your home right from day one matters more than ever. Days-on-market ranks 27th out of 103 comparable Edmonton neighbourhoods, so we're still in moderately fast-selling territory. The growth rate ranks 180th out of 302 neighbourhoods - below average on the leaderboard - but the sale-over-asking trend tells a more interesting story than that single number suggests.

Condos - Affordable Entry Point, But Buyers Are Calling the Shots

The condo side of Ozerna is a different story. Only 1 condo sold recently, and it went for 95.24% of list price - meaning buyers negotiated down. With an average sale price of $150,000 and 54 days on market, this segment is moving slower. That said, the predicted market value is $180,422, which is actually climbing above the 3-month moving average of $176,457. So values are trending up even if sales volume is thin.

• Average sale price: $150,000 (up 9.1% from last month)
• Average list price this month: $157,500
• Price per square foot: $172
• Sale-to-list ratio: 95.24% - buyers are negotiating below asking
• Average days on market: 54
• Predicted market value: $180,422
• Rental yield: 4.32%
• Estimated monthly rent: $983
• Growth rank: 59th out of 296 Edmonton neighbourhoods - top performer

That growth rank is worth highlighting. On the neighbourhood leaderboard, Ozerna condos sit in the top 20% in Edmonton for value growth. If you own a condo here and you're patient, the numbers are quietly working in your favour. Price rank is 186th out of 220 - among the most affordable in the city - which means there's room to run.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here's the thing most Ozerna homeowners don't realize: the city's assessed value is a snapshot from the past. It's calculated using data that can be many months old by the time it lands in your mailbox. The HonestDoor Price is updated in real time using actual market activity - and right now, the gap between the two is meaningful.

For houses, the average city assessment is $496,008. The average HonestDoor Price is $518,393. That's a $22,385 difference - and it's 4.51% higher than what the city says your home is worth. For condos, the city says $171,367. HonestDoor says $177,710. If you're making any financial decision - refinancing, selling, even just understanding your net worth - using a stale government number is leaving real money on the table.

The HonestDoor Price for houses has also increased 2.10% from the previous period. That's the real-world check that tells you the market is moving faster than the city's paperwork can keep up with. Check yours at HonestDoor before you do anything else.

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

If you own a house in Ozerna and you're thinking about listing this summer, the conditions are genuinely in your favour right now. Buyers are paying over asking. Prices are up month over month. And your HonestDoor Price is running ahead of what the city thinks your home is worth.

The comparison to nearby neighbourhoods is also worth knowing. Mayliewan, Matt Berry, and Schonsee are all priced higher and growing faster - which means Ozerna still has room to close that gap. Buyers priced out of those neighbourhoods will look here next. That's your opportunity.

For condo owners, the play is slightly different. The market is slower and buyers have more negotiating power right now. But with a top-20% growth rank in Edmonton and values trending upward, holding a little longer could pay off. If you do need to sell, price it sharp from day one - 54 days on market is a long time to carry costs.

• 1,244 houses assessed in Ozerna this year
• Neighbourhood growth: 0.04% year over year for houses, 0.10% for condos
• Airbnb potential: $129 per night for houses, $48 per night for condos
• Ozerna house transaction rank in Edmonton: 47th - solid activity level

Bottom line: Ozerna is not the flashiest name on the Edmonton leaderboard, but for house sellers this summer, the fundamentals are working for you. Know your real number - get your HonestDoor Price - and make your move with accurate information in hand.

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.