Edmonton REALTORS® Association Reports Balanced Market with 1,151 Sales in January 2026

REALTORS Association of Edmonton — January 2026

The REALTORS® Association of Edmonton reports 1,151 sales in January 2026, reflecting a 12.5% decrease from December 2025 and a 27.6% decline compared to January 2025. The composite benchmark price stands at $415,000, while the average price is $448,761, marking a year-over-year price change of -27.5%.

Market Analysis

The Greater Edmonton Area's real estate market shows signs of balance as inventory levels rise and new listings surge. January 2026 saw 2,518 new listings, an 84.2% increase from December 2025 and a 4.7% rise year-over-year. This influx of inventory, combined with a sales-to-new-listings ratio (SNLR) of 45.7%, indicates a more competitive environment for sellers, although overall sales have decreased compared to both the previous month and year. The average days on market for homes is currently 59, suggesting that buyers have more time to evaluate their options before making decisions.

Property Type Analysis

In terms of property types, the detached market experienced a significant decline in sales, down 16.3% from December 2025 and 23.1% from January 2025, with average prices at $556,752. Conversely, semi-detached properties saw a slight increase in new listings, up 83.9% month-over-month, although sales were still 27.5% lower than the previous year. Row/townhomes and apartment condominiums also faced challenges, with sales decreasing by 13.6% and 6.0% respectively compared to December, while average prices for apartments rose to $225,671, reflecting a 16.5% increase from the previous month.

Regional Highlights

The overall market dynamics in the Greater Edmonton Area indicate a shift towards a more balanced environment, with inventory levels up 8.5% from December and 32.7% higher than January 2025. This increase in supply is crucial for buyers, providing a wider selection of properties. However, the year-over-year price decline of 27.5% suggests that buyers may find favorable pricing conditions as they navigate the market this year.

For Buyers

Potential buyers are encouraged to take advantage of the current market conditions, as the increase in inventory provides more choices and less urgency in decision-making. With homes averaging 59 days on the market, buyers have the opportunity to negotiate better prices and terms, making it a strategic time to enter the market.

For Sellers

Sellers should be aware of the competitive landscape as new listings increase significantly. To attract buyers, it is essential to price homes competitively and present them well, as the current market allows buyers to be discerning. Engaging a knowledgeable REALTOR® can help sellers navigate these dynamics effectively.