Elbow Park real estate market
Updated May 2026 · detached homes · Pillar 9 / CREB sales records
As of May 2026, the typical detached home in Elbow Park sold for about $2,560,000 (a 3-month average), up 30.1% year over year. Homes there are taking around 17 days to sell at 98.5% of asking price.
- Typical sold price
- $2,560,000
- +30.1% YoY
- Days on market
- 17
- −20 days YoY
- % of asking price
- 98.5%
- +1.5% YoY
3-month averages, smoothed to filter month-to-month noise · not an appraisal
As of May 2026, the typical detached home in Elbow Park sold for $2,560,000, +30.1% year-over-year - per CREB sales records analyzed by Chris Birchard, REALTOR®.
Who holds the cards?
Negotiating leverage for detached homes in Elbow Park, measured against the community’s own 5-year norm.
(+1.3% vs norm)
Homes are currently fetching 98.5% of asking against a 97.2% five-year norm. What that leverage means for a specific home depends on its type, style, and price band - that’s the conversation I have with the actual comparables on the table.
Pricing & pace
Typical detached home sold price (line) against days on market (bars), last 24 months.
The grey bars are how long homes take to sell; generally, when they shrink, the price line rises. Right now Elbow Park is selling faster than the seasonal norm (a 3-month median of 17 days versus 42 days historically for this time of year). Historically, high liquidity and low supply have preceded upward pressure on prices.
Last 12 months at a glance
| MONTH | TYPICAL SOLD | DAYS ON MARKET | % OF ASKING |
|---|---|---|---|
| May 2026 | $3,050,000 | 5 | 101.7% |
| April 2026 | − | − | − |
| March 2026 | − | − | − |
| February 2026 | $2,250,000 | 7 | 100.0% |
| January 2026 | − | − | − |
| December 2025 | − | − | − |
| November 2025 | − | − | − |
| October 2025 | $2,385,000 | 39 | 93.7% |
| September 2025 | − | − | − |
| August 2025 | − | − | − |
| July 2025 | − | − | − |
| June 2025 | − | − | − |
Single-month medians for detached homes, not smoothed; − means too few sales to report.
Data via Pillar 9 / CREB, aggregated by Chris Birchard, REALTOR®. Figures are medians for detached homes drawn from groups of 5 or more sales - informational only, not an appraisal or a guarantee of value. Latest data: May 2026.