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Edmonton Housing Market - At a Glance
While Edmonton's real estate market remains favorable to sellers with a Market Health Index of 81.2, increasing inventory levels and slightly slower sales indicate a gradual shift toward more balanced conditions.
May 2025 brought 2,124 home sales and 3,720 fresh listings hitting the market. Homes are selling fast. We're talking a median of just 20 days on market, and with only 1.8 months of inventory available, buyers are facing serious competition. Nearly 28% of homes sold above their asking price, while single-family detached homes averaged $562,457. Even though overall transaction volume has dropped compared to last year, demand clearly isn't going anywhere.
Market Volume and Activity Trends
Sales Performance Overview - Edmonton Home Prices Analysis
Total homes sold in 2025-05 were 2,124, a gain of 13% from the previous month.
Year-over-year, sales volume has changed by -3.5% compared to the same month last year.
The sales trend over the past 12 months shows that the market is slow compared to last but is picking up as we enter into the summer months.
New Listings and Inventory Levels - New Home Listings in Edmonton Alberta
The number of new homes listed in Edmonton for 2025-05 was 3,720, representing a gain of 22% from the previous month.
The 12-month trend line indicates a gradual increase in listing volume over the past year.
2025-05 saw the strongest monthly growth in new listings in recent months.
Edmonton Property Prices Edmonton - How different properties are selling
Single-Family Detached Homes - Price Analysis
Single-family detached homes in Edmonton sold for a mean price of $562,457 in May, with the median price reaching $523,500—down from April’s peak (-2.6%), but still reflecting a 3.4% increase over the same month last year.
The median price increased by a solid 6.4% year-over-year.
Half-Duplex Market - Price Analysis
While detached homes pulled back slightly, half-duplexes climbed 2.6% to $447,926. These properties have gained 4.2% over the year, slightly higher than the detached homes.
At a median price of $438,250, they're hitting that sweet spot where families get more space without stretching their budgets too thin.