Ozerna, Edmonton - October 2026 Real Estate Report
Ozerna, Edmonton: Your Neighbour Just Listed. Here Is What You Actually Need to Know.
If you have been watching the "For Sale" signs on your street and wondering what is really going on, here is the straight story on Ozerna right now. Prices have shifted, days on market are climbing for houses, and the number your city assessment shows is not the number that matters most. Let us break it down.
The Vibe: Houses vs. Condos in Ozerna
Houses - Taking a Breather
We saw only 2 house sales this month in Ozerna, with an average sale price of $500,000 - down 5.0% from last month. That is a notable dip. Listings are sitting at an average of $365,000, and homes are selling at about 95.89% of list price, meaning buyers are successfully negotiating below asking. The average price per square foot is $278.
The number that should get your attention? Houses are sitting on the market for an average of 192 days. That is a long time. The days-on-market rank is 115 out of 116 neighbourhoods tracked in Edmonton - that puts us near the very bottom for selling speed. This is not a panic signal, but it is a clear sign that sellers need to price sharp and present well to get a deal done.
- Average sale price: $500,000 (down 5.0% from last month)
- Average list price: $365,000
- Price per square foot: $278
- Sale-to-list ratio: 95.89%
- Average days on market: 192
- Properties sold this month: 2
- Predicted market value: $515,486
- 3-month moving average: $518,626 (values are drifting down)
- Estimated monthly rent: $2,579 with a rental yield of 5.61%
- Growth rank: 88 out of 285 Edmonton neighbourhoods - above average on the leaderboard
Condos - Affordable, But Watch the Trend
Condo activity is quiet too - 2 sales this month, with an average sale price of $123,250, down a steep 17.8% from last month. Now, with only 2 sales, one unusual deal can swing that number hard, so do not read too much into the month-over-month drop alone. Condos are moving faster than houses though, averaging 54 days on market. That is slower than nearby Matt Berry at 30 days, but nowhere near the house situation.
Condos here are among the most affordable in Edmonton - price rank is 187 out of 218 neighbourhoods. If you are an investor or a first-time buyer, that affordability is the story. The rental yield sits at 4.31%, which is moderate but real. The HonestDoor Price for condos is $174,165, sitting above the city assessment of $171,367.
- Average sale price: $123,250 (down 17.8% from last month)
- Average list price: $157,500
- Price per square foot: $161
- Sale-to-list ratio: 95.24%
- Average days on market: 54
- Properties sold this month: 2
- Predicted market value: $177,422
- 3-month moving average: $177,574 (essentially flat)
- Estimated monthly rent: $967 with a rental yield of 4.31%
- Growth rank: 133 out of 297 Edmonton neighbourhoods - above average on the leaderboard
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about your city assessment - it is a snapshot from months ago, built on data that was already old when it landed in your mailbox. It does not know what happened on your street last week. It does not adjust for the fact that house values in Ozerna have shifted recently.
The HonestDoor Price updates in real time. For houses, it is sitting at $513,430 - that is 3.51% higher than the average city assessment of $496,008. For condos, the HonestDoor Price is $174,165 versus a city assessment of $171,367. These are not huge gaps, but they are real ones, and in a market where prices are moving, even a few percentage points is thousands of dollars in your pocket - or out of it.
The HonestDoor Price is your real-world check. Use it before you list, before you buy, and before you assume your assessment tells the whole story.
The "So What?": Thinking About Selling This Summer?
If you own a house in Ozerna and you are thinking about selling this summer, the data is telling you to move with a plan - not just a sign on the lawn. Here is the honest read:
- Prices are down from last month and the 3-month trend is drifting lower - waiting is not obviously going to reward you.
- Homes are sitting for 192 days on average. That is not a typo. Buyers have options and they know it.
- You will likely sell below list price - the 95.89% sale-to-list ratio means budgeting for some negotiation is smart.
- Your growth rank of 88 out of 285 is genuinely above average for Edmonton - Ozerna is not a weak neighbourhood, it is just in a slow patch right now.
- Every nearby neighbourhood - Mayliewan, Matt Berry, Schonsee - is priced higher and growing faster. That context matters when you are setting expectations.
For condo owners, the picture is a bit calmer. Condos are moving in under 2 months, the HonestDoor Price is holding above assessment, and the rental yield makes it an attractive hold if selling does not feel right yet.
Bottom line - Ozerna is a solid neighbourhood in a market that is asking sellers to be realistic. Price it right, know your real number, and you can still get a deal done this summer. Check your HonestDoor Price first. That is where the conversation starts.
ozerna | 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.