Edmonton Real Estate Market Report - November 2026

Edmonton's Real Estate Market Shows Stability Amidst Slight Price Decline

The most striking data point from the REALTORS Association of Edmonton for September 2026 is the MLS® HPI composite benchmark price of $423,100, marking a modest year-over-year decrease of 0.3%. This stability in pricing comes despite the market experiencing 1,959 MLS® sales in September, illustrating a market that is maintaining equilibrium.

Price Breakdown by Property Type

Implications for Buyers

With 5,872 active listings and 2,218 new properties hitting the market in the last 30 days, buyers have a substantial inventory to choose from. The slight decrease in the benchmark price suggests a buyer's market, where negotiation could lead to favorable purchase conditions. Prospective buyers should capitalize on the diverse price range, from $25,000 to $24,000,000, to find properties that fit their budgets and needs.

Implications for Sellers

For sellers, the current market conditions necessitate strategic pricing. With a high inventory of 5,872 active listings, competitive pricing is crucial to attract buyers. Sellers should consider the slight 0.3% decrease in benchmark price year-over-year when setting expectations. Highlighting unique features and ensuring properties are well-presented can differentiate listings from the competition.

30-Second Takeaway

• Edmonton's benchmark price is $423,100, with a minor year-over-year dip of 0.3%.
• September saw 1,959 MLS® sales, indicating a stable market.
• Buyers benefit from a wide range of choices with 5,872 active listings.
• Sellers must prioritize competitive pricing and property presentation.