Visit Elmwood Edmonton homes for sale for all listings in this west end neigbourhood of Edmonton. So far in 2014, the average sale price in Elmwood has jumped up to $365,000. That is substantially higher than 2013, when the average selling price in Elmwood sat at $325,891. The 2014 average of $365,000 is based on only two sales, so it is a small sample size. I'm not sure if Elmwood can keep up this blistering pace, but we will see as 2014 continues. The average selling price is based on a single family detached home sold in the neighbourhood, no condos or duplexes are included in this average. The highest selling price for a home in Elmwood in 2013 was $380,000, and the most affordable home sold for $250,000. On average, it took 30 days for a home to sell in Elmwood last year, that is 2 weeks faster than the Edmonton average days on market in 2013 of 44 days. Since 2005, property values in Elmwood have risen by 94%.