REALTORS Association of Edmonton Reports March 2026 Composite Benchmark Price at $426,000 Amidst 2,133 Total Sales

REALTORS Association of Edmonton — March 2026

The REALTORS Association of Edmonton reported a Composite Benchmark Price of $426,000 and 2,133 total sales in March 2026. The average price for all residential property types was $470,819, with 3,809 new listings recorded.

Market Analysis

The REALTORS Association of Edmonton reported a Composite Benchmark Price of $426,000 in March 2026, an increase of 1.5% from February 2026's $419,600, and a decrease of 2.9% year-over-year. The average selling price across all residential property types increased by 3.4% from the previous month to $470,819, a price 2.2% higher than March 2025. Total sales reached 2,133 in March 2026, an increase of 33.1% from February 2026's 1,606 sales, but a decrease of 14.0% compared to March 2025. New listings totaled 3,809, representing a month-over-month increase of 30.6% and a year-over-year increase of 4.2%.

According to Darlene Reid, 2026 Board Chair, REALTORS® Association of Edmonton, “It’s no surprise that month-to-month trends are showing an increase in activity, but certain key stats are giving us an indication of the kind of market we’re going to see this year. Compared to last year, there’s more available inventory and fewer sales; sellers looking for a quick sale may have to price strategically to get their property to stand out.”

Property Type Analysis

The Attached/Townhouse property type recorded a benchmark price of $278,200 in March 2026. Detached home prices averaged $590,162, increasing 3.3% from February 2026 and 2.5% from March 2025. Detached sales increased 38.9% from the previous month but fell 13.6% short of sales in March of last year. New detached listings increased 28.4% month-over-month and 2.5% year-over-year. Semi-detached new listings increased 35.6% from the previous month and 18.3% year-over-year. Sales increased by 24.2% from February but were 3.4% lower than March 2025. Average prices for semi-detached homes fell 1.2% from February to $436,997, a number 1.6% higher than the previous year. Row/townhomes prices decreased 0.2% from last month and 2.2% from March 2025, averaging $307,666. New listings for row/townhomes were up 19.7% from February and 12.1% from March 2025. Sales for row/townhouse properties increased by 24.0% month-over-month but were 19.6% lower year-over-year. Apartment condominiums sales also increased in March, selling 29.2% more units than the previous month but 17.3% fewer than the previous year. New apartment condominium listings increased 18.9% month-over-month and fell 2.1% year-over-year. Condominium prices averaged $212,054 at the end of March 2026—staying at par with February and decreasing 2.8% compared to March 2025.