Executive Summary
The Edmonton, Alberta real estate market is currently classified as a balanced market. The MLS composite benchmark price is $415K, down 27.5% year-over-year.
There are currently 4,280 active listings. According to REALTORS Association of Edmonton, there were 1,151 sales and 2,518 new listings in January 2026. Inventory has increased 86.7% compared to last month.
Currently, listings spend an average of 37 days on market and the average price per square foot is $269.
Board Data vs Our Listings
| Metric | REALTORS Association of Edmonton | Our Listings |
|---|---|---|
| Benchmark / Median Price | $415K | $450K |
| Average Price | $449K | $616K |
| Active Listings | 4,280 | 4,280 |
Detached properties make up the largest share of the Edmonton market at 60% of active listings with an average price of $709K. Condo listings follow at 40% (avg $300K).
Sales Activity & Absorption
Volume
Market Signals
REALTORS Association of Edmonton reported 1,151 sales this period, 1988 new listings appeared in the past month.
REALTORS Association of Edmonton Monthly Report
The Greater Edmonton Area (GEA) real estate market reported 1,151 sales in January 2026, a decrease of 12.5% compared to activity in December 2025 and 27.6% compared to January 2025. There were 2,518 new listings — a month-over-month increase of 84.2% and a year-over-year increase of 4.7%. Inventory levels rose 8.5% from December and are 32.7% higher than January 2025.
Average selling price across all residential property types decreased by 1.4% from the previous month to $448,761, a number 2.5% higher than January 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $415,000, decreasing 0.1% from December 2025 and 1.0% year-over-year.
“A wave of new inventory has hit the market for 2026, and with inventory levels already pretty healthy at the end of last year, it marks a transition to a more competitive year for sellers. Buyers looking to make a move in 2026 should consider getting on the property ladder now, if possible. There’s plenty of choice, less rush (with homes averaging 59 days on market) and they’re likely to get a better negotiation on price than if they wait until the market picks up in spring.” –Darlene Reid, 2026 Board Chair, REALTORS® Association of Edmonton
Data by Property Type
Detached home prices averaged $556,752, decreased 1.7% from December 2025 and 0.6% from January 2025. Sales in the detached category fell 16.3% from the previous month and 23.1% from January 2025. New detached listings increased 84.2% month-over-month and 5.1% year-over-year.
Semi-detached new listings increased 83.9% from the previous month and 13.6% year-over-year. Sales increased by 1.4% from December 2025 but were 27.5% lower than January 2025. Average prices rose 0.2% from December to $422,964 and were 0.7% higher than the previous year.
Row/townhomes prices decreased 0.3% from December and 5.1% from January of the previous year, averaging $296,227. New listings were up 71.2% from last month and 7.6% from January 2025. Sales for row/townhouse properties decreased by 13.6% month-over-month and 29.5% year-over-year.
Apartment condominiums sales also decreased in January, selling 6.0% fewer units than the previous month and 38.7% fewer than the previous year. New listings increased 77.9% month-to-month, though they were 4.0% lower than January 2025. Condominium prices averaged $225,671 at the end of January 2026— increasing 16.5% from December and 11.1% compared to January 2025.
Source: REALTORS Association of Edmonton, January 2026
Market Balance
Demand moderately exceeds supply — conditions favor sellers.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Downtown | 26 | $553K |
| Chappelle | 24 | $551K |
| Wîhkwêntôwin | 19 | $435K |
| Stillwater | 15 | $550K |
| The Uplands | 12 | $528K |
| Crystallina Nera East | 12 | $536K |
| Alberta Avenue | 12 | $530K |
| Aster | 11 | $568K |
| Keswick | 11 | $1.1M |
| Rosenthal | 10 | $607K |
| Windermere | 10 | $1.3M |
| Laurel | 9 | $485K |
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 4,280 active listings with a median price of $450K.
According to REALTORS Association of Edmonton, the composite benchmark price is $415K (-27.5% year-over-year). There were 1,151 sales recorded
- Prices declining (-2.2% in 30 days)
- Low price reduction rate (0% of listings)
- Low sell-through rate (46%)
- Average price per square foot is $269
Market data is calculated from active and recently sold MLS listings as of February 28, 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.