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Just Sold: Summerlea Home Prices

See recently sold MLS® listings in Summerlea. Browse sold prices and find out how much homes actually sell for.

Homes sold (last 30 days)

2

Median sold price

$313,500

Average time to sell

17 days

Data last updated: Just now

Finding accurate comps for Summerlea is essential whether you're buying or selling. Our MLS® past sales data shows you exactly what homes sold for — giving you the comparable sales you need to price correctly.

View property values in Summerlea, see the average home price for 2026, and understand what drives market value in this area. This is the MLS® sold real estate data that smart buyers and sellers use.

Summerlea Sold Data Overview

Over the past 2 years, 67 homes have sold in Summerlea, Edmonton, with a median sold price of $200K. Sale prices have ranged from $119K to $556K. The typical home sells in 19 days, showing a balanced market. Homes are selling at 99.0% of their list price — very close to asking price. The most common property types sold include Condo (44), Single Family (23).

2 Recently Sold Homes in Summerlea (Last 30 days • Updated February 24, 2026 at 1:35 PM)

Showing 2 of 2. Sold details require a verified account.

View all 67 on the map

Summerlea Market Insights

Understand pricing, negotiation leverage, and market velocity based on recent sales.

Median Sold Pricen=67

$200,000

Avg: $286,516

Range: $118,900$555,555

Sold % of Askingn=67

99.0%

Homes selling near asking

Avg Time to Selln=6(3-mo avg)

67 days

Buyer's Market
3-mo avg
Avg $/Sqftn=67

$235

67 homes sold

Click a property type to view its trends in the chart below:

All Property Types

(click to filter chart)

2-Year Market Trends: All Property Types

(21 months)
$420k$295k$171k
M
A
M
J
J
S
O
N
D
J25
F
M
A
J
J
A
S
O
N
D
F
Mar 2024: $298,500+5.0% changeFeb 2026: $313,500

Negotiation & Cost Insights

Sold Above Asking

22%

67% sold below

Home Size Range

6762,315

sq ft

Price Spread

±$136,760

standard deviation

Condo carrying costsn=44 condo sales (last 2y)

Median maintenance fee

$497/mo

Avg: $481/mo

Median maintenance fee per sqft

$0.41/sqft

Avg: $0.49/sqft

67

Homes sold (last 2 years)

12

Currently for sale

6.0

Months of Inventory (MOI)

16.7%

Absorption Rate (30d)

10

New in February 2026

2 vs 0

Sold count (last 30 vs prior 30): 0.0%

Median price: $313,500 vs $0 (0.0%)

Summerlea vs Edmonton

Summerlea median sold price

$313,500

2 sold in last 30 days

Edmonton median sold price

$413,375

1,052 sold in last 30 days

Neighbourhood Guide: Summerlea, Edmonton

Neighbourhood Overview

Summerlea is a vibrant and highly recognizable neighbourhood in West Edmonton, famous for being the home of the iconic West Edmonton Mall. Established in the 1970s and named after a 'summertime meadow,' the community perfectly blends world-class commercial amenities with quiet, park-centered residential pockets. With an average sold price of $286,516, the area offers an accessible entry point into a lively and well-connected community.

Location

Bounded by 170 Street to the east, 178 Street to the west, 95 Avenue to the north, and 87 Avenue to the south, Summerlea is ideally situated in Edmonton's west end. This prime location offers residents quick access to major city commuter corridors like Whitemud Drive, Yellowhead Trail, and Anthony Henday Drive, while sitting just minutes from the Misericordia Community Hospital.

Housing Character

The residential landscape in Summerlea is predominantly composed of multi-family dwellings, with low-rise apartment buildings under five stories making up more than half of the housing stock. Single-family and semi-detached homes, mostly built in the late 1970s and 1980s, account for the remainder. The market offers highly affordable condo living with an average list price of $289,266 and properties typically spending 67 days on the market.

Schools & Education

While the massive footprint of the mall and recent surplus school site rezonings mean there are no schools directly within Summerlea's boundaries, families are well-served by institutions in immediately adjacent communities. Local students have convenient access to nearby Belmead School, Thorncliffe Elementary, Jasper Place High School, and St. Benedict Catholic Elementary.

Transit & Access

Summerlea boasts exceptional public transit access, anchored by one of Edmonton's busiest and most comprehensive transit centres located right at West Edmonton Mall. This major hub provides residents with dozens of bus routes connecting directly to the University of Alberta, downtown, and all quadrants of the city. The neighbourhood is also slated to benefit from Edmonton's upcoming Bus Rapid Transit (BRT) network expansions.

Shopping & Dining

Residents of Summerlea enjoy unparalleled shopping and dining access, as the southern half of the neighbourhood is entirely occupied by West Edmonton Mall. This provides walkable access to over 800 stores, a vast array of global restaurants, cozy cafes, fast-casual spots, and the vibrant nightlife of Bourbon Street. The nearby Westgate shopping district and Mayfield Common offer even more everyday retail conveniences.

Parks & Recreation

Staying true to its name, the northern residential section of the neighbourhood is oriented around a large, central green space known as Summerlea Park, which features walking paths, playgrounds, and open recreational areas. Beyond traditional parks, residents have immediate, year-round access to the mall's massive indoor entertainment facilities, including the World Waterpark, Galaxyland amusement park, and the Ice Palace skating rink.

Lifestyle & Community

Life in Summerlea offers a unique blend of high-energy entertainment and relaxed residential living. The neighbourhood appeals to diverse residents, from young professionals taking advantage of the robust transit and commercial opportunities to families enjoying the local community league events and world-class attractions. With 12 homes currently on the market, Summerlea provides an amenity-rich urban lifestyle where daily needs can easily be met without a car.

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Frequently Asked Questions

The median sold price in Summerlea is $200,000 based on 67 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Website provided by Kelly Grant

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

The MLS® System Data is made available from the REALTORS® Association of Edmonton.

Days on hômm and market statistics values are calculated by hômm based on values provided in the REALTORS® Association of Edmonton listing data feed.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

*Sold date and price are as reported on the RAE's MLS® system.

Listing information last updated on February 24, 2026 at 1:00 pm (America/Edmonton)

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