REALTORS Association of Edmonton: January 2026 Composite Benchmark Price $415,000

REALTORS Association of Edmonton — January 2026

The REALTORS Association of Edmonton reports 1,151 Greater Edmonton Area sales in January 2026, down 27.6% year over year. The composite benchmark price is $415,000, down 1.0% year over year, and the average selling price is $448,761.

Market Analysis

The REALTORS Association of Edmonton reports 1,151 sales, down 12.5% from December 2025 and 27.6% from January 2025. There are 2,518 new listings, up 84.2% from December 2025 and 4.7% from January 2025. Inventory is up 8.5% from December and 32.7% from January 2025. The average selling price is $448,761, down 1.4% from December and up 2.5% from January 2025. The composite benchmark price is $415,000, down 0.1% from December 2025 and 1.0% year over year.

The board reports that homes average 59 days on market. Board Chair Darlene Reid says, “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.”