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The Edmonton real estate market in August 2025 experienced fewer new listings and a surge in sales activity compared to July.
New Listings Analysis
New listings declined sharply in August, with 2,850 homes hitting the market, down 16.1% MoM. Despite the dip, the 12-month trend still points to steady listing activity overall.
Sales Activity Analysis
Sales rebounded strongly in August with 1,687 homes sold, a 78.5% MoM increase. Compared to last year, sales are down 6.7%, but the recent momentum suggests buyers are re-engaging after a slower mid-summer market.
Property Price Analysis
Supply: Listings dropped 16.1% MoM, tightening inventory.
Demand: Sales jumped 78.5% MoM, indicating strong buyer demand.
Prices: Detached homes dipped slightly MoM, but remain higher YoY.
Single Family Homes
The avg. single-family home price reached $550,587 in August, a 3.7% MoM decline, though still up 4.9% YoY. The median price of $508,250 reflects stability in the mid-market range.
Duplex Prices
Half-duplexes performed well in August with avg. prices climbing 2.2% MoM to $436,474, and 3.8% higher YoY. The median price of $422,800 shows a consistent and relatively even distribution in this category.
Home Prices Overview for different property types:
Single-family detached: $550,587 average, $508,250 median
Half-duplexes: $436,474 average, $422,800 median
Condos: $206,951 average, $198,000 median
Townhomes: $279,936 average, $280,000 median
Half-duplexes saw a 3.8% increase, and condos were up 3.4%. Townhomes were the slowest movers with just 1.5% growth.