Five homes sold in Strathcona Park in May 2026. Five. In a community of more than 2,400 households, that is the kind of month where a single sale can swing the headline average by tens of thousands of dollars—so before anyone panics about a 2% year-over-year dip, it is worth understanding which numbers actually mean something here and which are just noise.
Here is the short version: the typical Strathcona Park home is worth about $850,700, the market is balanced with a slight tilt toward sellers, and prices over the past five years are up roughly 44%. The monthly wobble is the least interesting thing in the data. Let me walk you through what the May 2026 numbers say, and what they mean if you are thinking about buying or selling this year.
The May 2026 Snapshot
Here are the headline figures for Total Residential in Strathcona Park, drawn from the Pillar 9 / CREB monthly report for community 051:
| Benchmark price | $850,700 |
| Median sale price | $795,000 |
| Average sale price | $731,800 (only 5 sales) |
| Days on market | 19 |
| Sale-to-list ratio | 98.6% |
| Months of supply | 3.80 |
| Active inventory | 19 listings |
| Year-to-date benchmark | ~$852,780 (+1% Y/Y) |
You can see the live version of this data, updated monthly, on the Strathcona Park market page. The table above is a moment in time—the trend underneath it is what matters.
Why the Benchmark, Not the Average, Tells the Truth
Notice the spread in the snapshot: a $850,700 benchmark, a $795,000 median, and a $731,800 average. That is a $119,000 gap between the benchmark and the average. In a big-volume community you would never see that. In Strathcona Park, with five sales in the month, you should expect it.
The average is just the five closed prices divided by five. If three of those five happened to be townhouses and an entry-level detached home, the average tanks—not because values fell, but because of which doors opened. The benchmark is different. It models a typical Strathcona Park home with consistent features and tracks how that same theoretical property changes in value over time. It is the number to anchor on.
So when a neighbour tells you “homes are selling for $730k now,” you can gently correct them. A typical home is worth $850,700, and a typical detached home is worth more than $900,000. If you want a number tied to your specific house rather than a community model, a free home valuation is the place to start.
Prices by Property Type
Strathcona Park is overwhelmingly a ground-oriented community—single-detached, semi-detached, and row homes, with no apartment or condo-tower stock at all. Here is how the May 2026 benchmarks break down:
Detached homes are the heart of this market—26 of the 32 year-to-date sales through May were detached, with a year-to-date average sold price near $942,900. That is the number to watch if you are buying a family home here. The semi-detached and row segments are thin: only four row sales closed year-to-date. When inventory is that scarce, a single well-priced townhouse listing can become the only game in town.
The practical takeaway: if you want a detached home with a yard for under the Aspen Woods price point, Strathcona Park is one of the best-value options on the west side. I dig into that comparison in detail in Strathcona Park vs Aspen Woods.
The Five-Year Story: Up 44% Since 2021
This is where Strathcona Park gets genuinely interesting. Forget the one-month dip and zoom out. The annual Total Residential benchmark tells a clean, steady story:
- 2021: ~$593,000
- 2022: ~$680,000
- 2023: ~$733,000
- 2024: ~$818,000
- 2025: ~$833,000
- 2026 year-to-date: ~$853,000
That is a roughly 44% climb in five years, and an all-time high on an annual basis. The pace has cooled—the jump from 2024 to 2025 was modest, and 2026 is tracking up about 1%—but the direction has been relentlessly upward since the soft patch of 2019 and 2020, when the benchmark sat near $535,000.
Sales volume, meanwhile, has settled into a consistent rhythm: 136 sales in 2021 cooled to 94 in 2025. Fewer homes are trading, but the ones that do are holding their value. That combination—steady prices, thinning turnover—is the signature of a mature, low-churn neighbourhood where people buy and stay.
Supply, Speed, and What “Balanced” Really Means
Three numbers define the temperature of a market: months of supply, sale-to-list ratio, and days on market. In May 2026, Strathcona Park read 3.80 months of supply, a 98.6% sale-to-list ratio, and 19 days on market.
Months of supply between roughly three and five is the textbook definition of a balanced market, so 3.80 puts Strathcona Park squarely in neutral territory—on paper. But the other two numbers lean toward sellers. A 98.6% sale-to-list ratio means the average home sold for less than a point and a half under asking. That is not a market where buyers are dictating terms. And 19 days on market—with a five-year median of just 15—is quick.
The honest read: balanced, with a seller’s edge. There is enough inventory that buyers do not have to overpay, but priced-right homes— especially renovated ones and anything backing the ravine—still move fast and close near asking.
The sales-to-new-listings ratio of 29% looks soft in isolation, but again, small numbers: 17 new listings, five sales. One slow month of closings against a normal spring listing push will produce exactly that. Watch this metric over a quarter, not a month.
What This Means If You’re Selling
If you own in Strathcona Park, you are in a strong position—but not a position where you can name any price and wait. The 98.6% sale-to-list ratio is earned by homes that are priced to the comparables and presented well. Overprice by 10% hoping for a bidding war, and you become the listing that sits and trains buyers to wait for a price drop.
Three value drivers matter most here when you price: ravine or walkout exposure, lot size, and level of renovation. A backing-onto-green-space walkout in updated condition is genuinely scarce—there is no new construction producing more of them—and it can command a real premium over the benchmark. A dated interior on an interior lot will trade closer to, or below, the model. If you want to know which side of that line your home falls on, start with a complimentary valuation.
What This Means If You’re Buying
The good news for buyers: 19 active listings and a balanced months-of-supply reading mean you are not walking into a frenzy where you waive every condition and write blind. You have room to do inspections, to negotiate on homes that have been sitting, and to be selective.
The catch: the genuinely good homes—updated, well-located, on the ravine— are exactly the ones that sell in days near full price. For those, you need to be financing-ready and decisive. The way to win here is preparation, not aggression: pre-approval in hand, a clear must-have list, and an agent watching new listings daily so you see the right home before it is gone. My full walk-through of that process lives in the Strathcona Park buyer’s guide, and you can browse what is available now on the listings page or read the full buyer services overview.
The Outlook Into Summer
Spring and early summer are historically the strongest selling window in Strathcona Park, and inventory is thin heading into it. That favours sellers of well-prepared homes and rewards buyers who are ready to act. I expect the benchmark to hold near its all-time high through the summer, with monthly readings bouncing around on low volume—so do not read any single month as a trend.
The deeper driver hasn’t changed: families want detached homes near in-community schools, the West LRT, and the ravine, and Strathcona Park keeps delivering that for less than the newer enclaves to the west. If you want to understand the lifestyle behind the demand, read living in Strathcona Park or the schools guide.
Three Traps to Avoid When You Read This Data
I watch the same misreads cost people money every season. Sidestep these three and you will understand the Strathcona Park market better than most:
Trap one: treating one month as a trend. With five sales in May, a single dated bungalow or one ravine estate swings the average by a fortune. The monthly average is the noisiest figure CREB publishes for a small community. Anchor to the benchmark and the year-to-date number instead, and you stop reacting to ghosts.
Trap two: comparing the community average to your specific home. A $731,800 average says nothing about a renovated walkout on the ravine, which can trade well past $1 million, or a dated interior-lot townhouse nearer $500,000. Your home is not the average. A valuation tied to your address is the only number that counts when you sell.
Trap three: ignoring the lot. Two homes on the same street with the same square footage can differ by six figures based on whether one backs the ravine. Most market data is blind to that. In Strathcona Park it is the whole game—which is exactly why I cover it in the buyer’s guide.
Frequently Asked Questions
What is the average home price in Strathcona Park in 2026?
In May 2026 the Total Residential benchmark price for Strathcona Park was $850,700, with a median sale price of $795,000. The average sale price came in lower at $731,800, but that figure is skewed by a thin month of only five sales. For a single-detached home, the benchmark sits higher at $910,400. The benchmark is the most reliable number to quote because it tracks a typical home rather than whatever happened to change hands that month.
Is Strathcona Park a buyer’s or seller’s market right now?
It is best described as balanced with a slight seller’s edge. Months of supply sat at 3.80 in May 2026, which falls in the balanced band, but homes still sold at 98.6% of list price in an average of 19 days. Well-prepared, correctly priced homes are selling close to asking and reasonably quickly. Buyers have room to negotiate on tired or overpriced listings, while move-in-ready homes on ravine or walkout lots still attract competition.
Did Strathcona Park home prices go up or down in the past year?
Both readings are true depending on the timeframe. The May 2026 monthly benchmark was down about 2% year-over-year, but that reflects a five-sale month and normal monthly noise. The more meaningful year-to-date 2026 benchmark of roughly $852,780 is up about 1% from the same period in 2025, and the annual benchmark is at an all-time high. Over five years the benchmark has climbed from about $593,000 in 2021, an increase of roughly 44%.
How long do homes take to sell in Strathcona Park?
Homes sold in an average of 19 days on market in May 2026. Over the full five-year sold dataset of 604 records, the median was even faster at 15 days. Speed depends heavily on pricing and condition: a renovated home on a desirable ravine or walkout lot can sell within days of listing, while a dated home priced above the comparables can sit for weeks. Pricing to the recent comparables is the single biggest lever on time on market.
How much does a detached home cost compared to a townhouse in Strathcona Park?
The May 2026 benchmarks were $910,400 for detached, $547,400 for semi-detached, and $520,600 for row or townhouse homes. Strathcona Park has no apartment or condo-tower stock, so every option is ground-oriented. Detached homes make up the large majority of sales, and ravine or walkout lots within the detached category carry a premium above the benchmark.
Why was the average sale price lower than the benchmark in May 2026?
Because only five homes sold that month. With so few transactions, the average is pulled around by the specific mix of homes that closed, which is why it landed at $731,800 while the benchmark was $850,700. The benchmark uses a modelled typical home and smooths out that volatility. When you read any single month for a small community like Strathcona Park, lean on the benchmark and the year-to-date trend rather than the monthly average.
The Number That Actually Matters
Remember that 2% dip we opened with? Forget it. It came from five sales in a single month. The number that matters is the one underneath: a benchmark at an all-time high, prices up 44% over five years, and homes still selling at 98.6% of list in under three weeks.
Whether that picture means it is time to sell, time to buy, or simply time to find out what your home is worth, the next step is a real conversation about your specific situation—not a community average.
Get a free, no-obligation valuation of your Strathcona Park home, or reach out to talk through where the market sits for your plans this year. No pressure—just straight numbers.