REALTORS Association of Edmonton: April 2026 Composite Benchmark Price $431,900, Total Sales 2,482, Sales Down 8.1% YoY, Price Down 1.6% YoY

REALTORS Association of Edmonton — April 2026

The REALTORS Association of Edmonton reported 2,482 sales in April 2026, an 8.1% decrease compared to April 2025. The Composite Benchmark Price for the Greater Edmonton Area was $431,900, marking a 1.6% year-over-year decrease. The average price across all residential property types increased to $478,902.

Market Analysis

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. The 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.

Property Type Analysis

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 an increase of 21.9% year-over-year. Sales increased by 11.3% from March but were 6.8% lower than April 2025. Average prices for semi-detached properties 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 for row/townhomes 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 for apartment condominiums 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. The benchmark price for Attached/Townhouse properties was $277,300.