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 $424K, down 2.1% year-over-year.
There are currently 6,378 active listings. According to REALTORS Association of Edmonton, there were 2,746 sales and 4,475 new listings in June 2026. Inventory has increased 73.4% compared to last month.
Currently, listings spend an average of 49 days on market and the average price per square foot is $360.
Board Data vs Our Listings
| Metric | REALTORS Association of Edmonton | Our Listings |
|---|---|---|
| Benchmark / Median Price | $424K | $439K |
| Average Price | $484K | $624K |
| Active Listings | 6,378 | 6,378 |
| Detached Benchmark | $511K | $671K |
| Townhouse Benchmark | $276K | $413K |
| Apartment Benchmark | $202K | $413K |
Detached properties make up the largest share of the Edmonton market at 60% of active listings with an average price of $671K. Condo listings follow at 40% (avg $413K).
Sales Activity & Absorption
Volume
Market Signals
REALTORS Association of Edmonton reported 2,746 sales this period, 2700 new listings appeared in the past month.
Market Balance
Demand significantly outpaces new supply — expect competitive offers.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Downtown | 22 | $646K |
| Mistatim Industrial | 15 | $834K |
| Garneau | 14 | $674K |
| McCauley | 12 | $644K |
| Wîhkwêntôwin | 11 | $666K |
| Westmount | 10 | $2.3M |
| Ellerslie Industrial | 9 | $751K |
| Queen Mary Park | 8 | $998K |
| Alberta Avenue | 7 | $393K |
| Glenwood | 7 | $1.1M |
| Parsons Industrial | 7 | $5.0M |
| Edmonton Energy And Technology Park | 6 | $1.7M |
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 6,378 active listings with a median price of $439K.
According to REALTORS Association of Edmonton, the composite benchmark price is $424K (-2.1% year-over-year). There were 2,746 sales recorded
- Prices declining (-27.7% in 30 days)
- Low price reduction rate (0% of listings)
- Slow-moving market (49 avg days on market)
- Average price per square foot is $360
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 Carole Dacko with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS® listings as of July 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.