The real estate market in Edmonton has started the new year in a more balanced state, providing a comfortable situation for both buyers and sellers, according to the latest forecasts released by the Edmonton Real Estate Board in collaboration with Royal LePage.
According to Royal LePage’s report for the fourth quarter of 2025, the average home price increased by 1.2% compared to last year, reaching $466,800, despite a 2% decline every quarter. Meanwhile, the average price for single-family detached homes stabilized at $515,900, marking a 2% year-over-year increase.
Tom Scherrer, broker and owner at Royal LePage Noralta, explained that the numbers reflect the market’s recent activity well. He noted that the strong start to the year gradually slowed toward the end, pointing out that sales declined in October and November, while activity picked up again in December as buyers rushed to close deals before year-end.
Currently, both Royal LePage and the Real Estate Board see Edmonton’s housing market entering a phase of balance, free from dominance by either sellers or buyers. This situation allows buyers wider options and greater negotiating opportunities, while sellers enjoy the chance to sell their properties within a reasonable timeframe at satisfactory prices.
On the other hand, forecasts indicate a moderate increase in home prices for this year. The Real Estate Board expects growth of 1.3%, bringing the average price to $464,000. In contrast, sales are expected to decline by 5%, with only a slight increase of 0.3% in new listings.
Darline Reid, Chair of the Real Estate Board, stated during a press conference that despite the noticeable slowdown following the large price surge in 2024, real estate sales are still surpassing the city’s traditional rates.
Among the main factors contributing to this change are the slowdown in population growth compared to previous years, alongside a significant increase in available home inventory thanks to renewed construction and new listings. According to Reid, the number of new listings reached around 41,900 units, supporting greater options for buyers and restoring stability to the market.
