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 $432K, down 6.8% year-over-year.
There are currently 5,700 active listings. According to REALTORS Association of Edmonton, there were 2,482 sales and 4,204 new listings in Invalid Date. Inventory has increased 93.4% compared to last month.
Currently, listings spend an average of 45 days on market and the average price per square foot is $518.
Board Data vs Our Listings
| Metric | REALTORS Association of Edmonton | Our Listings |
|---|---|---|
| Benchmark / Median Price | $432K | $450K |
| Average Price | $479K | $683K |
| Active Listings | 5,700 | 5,700 |
Detached properties make up the largest share of the Edmonton market at 61% of active listings with an average price of $687K. Condo listings follow at 39% (avg $548K).
Sales Activity & Absorption
Volume
Market Signals
REALTORS Association of Edmonton reported 2,482 sales this period, 2752 new listings appeared in the past month.
REALTORS Association of Edmonton Monthly Report
The Greater Edmonton Area (GEA) real estate market reported 2,482 sales in April 2026, increasing 16.4% in comparison to activity in March 2026 and decreasing 8.1% compared to April 2025. There were 4,204 new listings — a month-over-month increase of 13.9% and a year-over-year increase of 9.1%. Inventory levels rose 11.3% from the previous month and are 31.4% higher than April 2025.
Average selling price across all residential property types increased by 1.7% from the previous month to $478,902, a price 1.9% higher than April 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $431,900, increasing 1.4% from March 2026 and decreasing 1.6% year-over-year.
Activity in April has continued the upward trend set in March, albeit at a slower pace leading up to May. The year’s highest levels of market activity will occur in the next two months, especially now that the Bank of Canada policy interest rate has been held at 2.25 until at least mid-June. Expect more listings to hit the market—giving buyers lots of choice—and though prices still have room to rise, we’re unlikely to see as many multiple offer situations as last year.” said Darlene Reid, 2026 Board Chair, REALTORS® Association of Edmonton
Data by Property Type
Detached home prices averaged $589,384, decreasing 0.1% from March 2026 and increasing 0.8% from April 2025. Detached sales increased 20.9% from the previous month but fell 5.5% short of sales in April of last year. New detached listings increased 13.3% month-over-month and 10.4% year-over-year.
Semi-detached new listings decreased 0.4% from the previous month but showed in increase of 21.9% year-over-year. Sales increased by 11.3% from March but were 6.8% lower than April 2025. Average prices fell 3.1% from March and 2.7% from the previous April, to $423,341.
Row/townhomes prices increased 1.7% from last month and decreased 0.6% from April 2025, averaging $313,193. New listings were up 16.3% from March and 8.0% from April 2025. Sales for row/townhouse properties increased by 17.4% month-over-month but were 9.5% lower year-over-year.
Apartment condominiums sales also increased in April, selling 3.5% more units than the previous month but 17.6% fewer than the previous year. New listings increased 4.2% month-over-month and 1.0% year-over-year. Condominium prices averaged $225,842 at the end of April 2026—increasing 6.5% from March and 3.4% compared to April 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 | 8 | $751K |
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 5,700 active listings with a median price of $450K.
According to REALTORS Association of Edmonton, the composite benchmark price is $432K (-6.8% year-over-year). There were 2,482 sales recorded
- Prices declining (-39.4% in 30 days)
- Low price reduction rate (0% of listings)
- Average price per square foot is $518
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.
Monthly Reports Archive
Market data is calculated from active and recently sold MLS® listings as of June 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.