Edmonton’s real estate market has seen some interesting shifts this year. The average residential sale price is up 3.3% year-over-year, now sitting around $475,000. At the same time, the total number of sales has eased by about 12%, dropping to roughly 15,200, while listings have crept up 3% to 26,200. That’s translated into more choice for buyers and a slightly longer wait for sellers, with average market time stretching from 33 to 39 days.
Detached homes are still leading the charge—if you’re looking for a single-family home under $650,000, you’re not alone. Those remain in high demand. Luxury sales have also stood out, while condos continue to favour buyers. For anyone feeling uncertain, you’re not the only one: economic uncertainty has some first-time buyers holding back, even as tax rebates and builder incentives give others a nudge towards new construction.
Looking ahead, forecasts suggest average sale prices could be about 2% higher in 2026 than in 2025, but with sales numbers projected to dip by about 10%. If you’re navigating these changes—whether buying, selling, or just weighing your options—it helps to have someone who knows Edmonton inside and out, and who’s committed to real talk and real results. That’s been my approach for over 20 years, and it’s more important than ever as our market balances out.
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