What’s Happening in Edmonton’s Real Estate Market?

The spring market is starting to show up in the numbers, even if it doesn’t feel like it outside yet. Activity is picking up after a slower start to the year, and the market is finding a healthy rhythm.

Key Highlights:

• +26.2% more new listings compared to February

• +4.5% more listings than March last year

• ~33% increase in sales month-over-month

• -14% in sales compared to March 2025

• 2.9 months of inventory 

• 38 days average time on market

Average Sale Prices:

• Detached Homes: $590,162

• Semi-Detached: $436,997

• Row Houses: $307,666

• Apartment Condos: $212,054

What’s Happening in the Market:

• Established communities: Still seeing strong demand and multiple offers

• Outskirts/newer areas: More supply, slightly slower pace

• Acreage & surrounding areas (Sherwood Park, St. Albert, Spruce Grove): Very active and in high demand

The market is balanced but leaning toward sellers, with steady pricing and improving activity. Some segments are moving faster than others, but overall, it’s a healthy start to the spring market.