Edmonton Real Estate Market Report - February 2026

Edmonton Market Sees Sharp Price Disparity

The Edmonton real estate market in February 2026 reveals a striking disparity between the average and median home prices, with the average price at $825,430 while the median stands significantly lower at $449,900. This gap suggests a concentration of high-value transactions skewing the average upwards.

Price Breakdown by Property Type

Property Type	Number of Listings
Houses	2,165
Condos	1,491
Townhouses	0

The absence of townhouses in the current market listings highlights a potential gap in the market, possibly driving demand towards houses and condos.

Insights for Buyers

• With 3,960 active listings and 2,376 new listings in the past 30 days, buyers have a broad selection, increasing their leverage in negotiations.
• The wide range of prices, from $255 to $774,500,000, suggests opportunities for both budget-conscious buyers and luxury seekers.
• Consider focusing on properties below the median price of $449,900 to maximize value, given the skewed average price.
• Condos, with 1,491 listings, offer a substantial portion of the market, potentially providing more competitive pricing and negotiation opportunities.

Insights for Sellers

• Sellers of high-end properties might benefit from the current skewed average price, attracting affluent buyers.
• With a significant number of new listings (2,376) entering the market, pricing competitively is crucial to attract attention.
• The lack of townhouses suggests an opportunity for sellers to fill a niche if they have such properties to offer.
• Given the high number of active listings, enhancing property appeal through staging or minor renovations could differentiate listings in a crowded market.

30-Second Takeaway

Edmonton's February 2026 market shows a stark contrast between average and median home prices, influenced by high-value transactions. Buyers benefit from a wide selection and varied price range, while sellers must navigate a competitive market with strategic pricing and property presentation. The absence of townhouses presents a unique opportunity for sellers to meet a potential demand gap.