Edmonton Real Estate Market Report
Executive Summary
The Edmonton, Alberta real estate market is currently classified as a balanced market. The MLS composite benchmark price is $420K, down 1.9% year-over-year.
There are currently 5,270 active listings. According to REALTORS Association of Edmonton, there were 1,606 sales and 3,020 new listings in Invalid Date. Inventory has increased 99.4% compared to last month.
Currently, listings spend an average of 39 days on market and the average price per square foot is $545.
Board Data vs Our Listings
| Metric | REALTORS Association of Edmonton | Our Listings |
|---|---|---|
| Benchmark / Median Price | $420K | $450K |
| Average Price | $455K | $684K |
| Active Listings | 5,270 | 5,270 |
Detached properties make up the largest share of the Edmonton market at 61% of active listings with an average price of $694K. Condo listings follow at 39% (avg $533K).
Sales Activity & Absorption
Volume
Market Signals
REALTORS Association of Edmonton reported 1,606 sales this period, 2627 new listings appeared in the past month.
REALTORS Association of Edmonton Monthly Report
The Greater Edmonton Area (GEA) real estate market reported 1,606 sales in February 2026, which marks an increase of 39.7% compared to activity in January and a decrease of 11.5% from February 2025. There were 3,020 new listings — a month-over-month increase of 23.6% and a year-over-year increase of 15.4%. Inventory levels rose 11.4% from the previous month and are 34.6% higher than February 2025.
Average selling price across all residential property types increased by 1.4% from the previous month to $454,801, which is 1.5% higher than February 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $419,600, increasing 0.9% from January 2026 and decreasing 2.1% year-over-year.
“In February, more than any groundhog, the Greater Edmonton Area property market gave us a sure sign that spring is on its way. Signs of life and activity heating up are consistent across almost all property types, with the exception of condos where prices adjusted downward from last month and are lower than last year. As other property categories see price increases, apartment condos may rely on their affordability, possibly attracting first-time homeowners and investors.” Darlene Reid, 2026 Board Chair, REALTORS® Association of Edmonton
Data by Property Type
Detached home prices averaged $571,372, increasing 2.7% from January 2026 and 1.1% from February 2025. Detached sales increased 35.8% from the previous month but fell 12.4% short of sales in February of last year. New detached listings increased 20.7% month-over-month and 13.2% year-over-year.
Semi-detached new listings increased 8.1% from the previous month and 29.0% year-over-year. Sales increased by 43.4% from January but were 1.9% lower than February 2025. Average prices rose 4.5% from January to $441,958, a number 4.8% higher than the previous year.
Row/townhomes prices increased 3.8% from last month and 2.3% from February of the previous year, averaging $307,526. New listings were up 25.7% from January and 11.5% from February 2025. Sales for row/townhouse properties increased by 47.9% month-over-month but were 15.0% lower year-over-year.
Apartment condominiums sales also increased in February, selling 42.8% more units than the previous month but 11.9% fewer than the previous year. New listings increased 22.7% month-over-month and 19.7% year-over-year. Condominium prices averaged $212,133 at the end of February 2026— decreasing 6.0% from January and 1.4% compared to February 2025.
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Source: REALTORS Association of Edmonton, Invalid Date
Market Balance
Demand moderately exceeds supply — conditions favor sellers.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Downtown | 14 | $683K |
| Chappelle | 12 | $590K |
| Stillwater | 8 | $575K |
| Alberta Avenue | 6 | $669K |
| Westmount | 5 | $3.7M |
| Windermere | 5 | $1.6M |
| Keswick | 5 | $1.5M |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Edmonton market currently has 5,270 active listings with a median price of $450K.
According to REALTORS Association of Edmonton, the composite benchmark price is $420K (-1.9% year-over-year). There were 1,606 sales recorded
- Prices declining (-32.6% in 30 days)
- Low price reduction rate (0% of listings)
- Average price per square foot is $545
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily, with board statistics from REALTORS Association of Edmonton. Prepared by Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS listings as of April 12, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.