We’re seeing the Edmonton real estate market take a breather as we head into the latter part of 2026. Home sales in our area hit around 2,000 in late Q3—down about 9% from the previous month and 10% from last year. At the same time, new listings came in at roughly 3,900, which is also a 9% drop month-over-month but actually up 11% compared to this time last year. Inventory overall is holding steady from mid-Q3, but we’re sitting with 17% more homes available than we had a year ago.
For anyone watching prices, the average selling price for a residential property is now about $466,000—a slight 1% dip from last month, but still 3% higher year-over-year. The benchmark price sits at $423,000, also edging down a touch. As the school year gets rolling, it’s normal to see market activity cool, and with inventory on the rise, we could see price growth soften a bit more, despite the solid gains we saw earlier in 2026.
If you’re thinking about your next move, remember: Edmonton’s market tends to slow until after the holidays, even if prices are holding strong for now. With over two decades of experience in this city, my approach is always straight-up—no fluff, just the honest scoop so you can make the right call for your family or investment. Let’s keep an eye on these trends together.
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