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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.
Condominiums and Townhomes - Price Analysis
Condo pricing: Condos sold for an average price of $208,128 ($194,250 median). Townhome averaged $286,413 with a median price of $280,000.
No condo fee townhomes are gaining a lot of popularity as they offer the benefits of low-maintenance and community amenities without the monthly condo fees.
Browse all no condo fee townhomes for sale in Edmonton.
Market Dynamics and Timing - Average Time to Sell a House
Properties are selling fast in Edmonton especially if it is priced competitively. It took 39 days to sell a single family home and most homes are selling close to their asking price.
28% of Edmonton homes sold above the list price, while 66% of properties sold in less than 30 days. The number of homes selling above the list price tends to increase in spring and summer. This indicates strong demand despite broader market adjustments.
Read our comprehensive guide on how much it costs to sell your house in Alberta, to get a break down of the cost associated with selling your home.
Days on Market Analysis - How quickly are home selling
Detached single-family homes spent an average of 39 days on the market before selling. Duplexes sold after spending an average of 32 days on the market. Condos/apartments took 56 days to sell, while townhomes spent 29 days on the market. Residential attached homes spent 43 days on the market before selling.
Median time to sell: 20 days (overall market).
66% of properties sold in less than 30 days.
Property type variations (detached: 39 days, townhomes: 29 days and residential attached 43 days).
Use our net proceeds calculator to calculate the potential return on your home sale.
Price-to-List Ratio Insights
Half of all properties sold for 99% or more of their list price.
28% of homes sold above their asking price.
Edmonton real estate market continues to favor sellers.
Seasonal Market Patterns - Best Time of Year to Sell a House
Peak Real Estate Season: Based on historical patterns, May tends to be the most active month for home sales in Edmonton.
Slowest Period: Sales activity typically declines in December.
Year-over-Year Trend: Compared to the same time last year, the current sales volume is lower.
Median home price is higher this spring compared to spring 2024.
Edmonton Neighbourhood Analysis: Where to Buy and Sell
Top Performing Areas by Sales Volume (6 month trend)
Keswick homes sold the highest median sale price of $584,000. Keswick is Edmonton's premium residential neighbourhood with its close proximity to the North Saskatchewan River.
Wîhkwêntôwin was the most active neighbourhood in both sales volume with 170 transactions over the past six months.
South Terwillegar remains in high demand and has the fastest-moving market segment, with homes selling in just 18.5 days on average.
These neighbourhood variations provide strategic opportunities for both buyers seeking value and sellers targeting specific market segments.
Price Distribution
Nearly one-third of Edmonton buyers are shopping under $300K, while almost half (45.2%) are browsing between $400K-$750K.
The luxury market over $1M accounts for just 2% of transactions, which means most of buyers are fighting over that middle market.
Year-Over-Year Market Comparison
2024 vs 2025 Performance Metrics
More homes hitting the market: New listings increased significantly in 2025, giving buyers better selection after months of limited inventory in the real estate market Edmonton.
Year-over-year sales dropped, but Edmonton home prices kept climbing.
The sales-to-listings ratio shows Edmonton moving from a strong seller's market in 2024 to more balanced conditions, potentially creating better opportunities for both buyers and sellers.
Transactions per Property Type - Property Market Share
Note: Analysis includes full-year 2024 data against partial 2025 data (January-May).
Single-family market share fell from 52% to 50%. It is still the largest segment of house prices in Edmonton, Alberta.
Townhouses and half-duplexes increased their market share in 2025, with townhouses jumping from 13% to 14%, offering strong alternatives to home buyers.
Condominiums maintained roughly 20% of the total market share.
Key Takeaways and Actionable Insights
For Buyers - Is this a good time to buy?
Jump in now or wait six months? Edmonton's 1.8 months of inventory means limited selection. The inventory is steadily going up and sales have slightly slowed down. However, properties priced competitively and in high-demand neighbourhoods are selling fast and over the asking price. Your window opens wider each month, yet competition stays fierce.
For Sellers - Is this a good time to sell?
Spring/summer market is a great time to sell your house. Current market supports aggressive pricing with 28% of homes exceeding list price. The Market Health Index of 81.2 gives you substantial pricing power.
Avoid overpricing by more than 5%. Even strong markets punish unrealistic expectations. Properties sitting beyond 30 days signal pricing problems.
Ready to Make Your Move in Edmonton's Market?
Whether you're looking to sell your current home or purchase in one of Edmonton's thriving neighborhoods, having expert guidance makes all the difference. Our team specializes in helping sellers understand the average cost for selling a house and maximize returns in this competitive market.
Contact us today for a personalized market analysis of your property or to explore available listings across Edmonton. From no condo fee townhomes to homes in the top 5 richest neighborhoods in Edmonton, we'll help you navigate every step of your real estate journey with confidence and clarity.