The Edmonton housing market continues its upward trajectory this spring, characterized by tight inventory, rising prices, and sustained buyer demand. Whether you’re a prospective buyer, seller, or investor, here’s what you need to know:
Market Snapshot
Average Home Price: $470,447
Up 2.1% from March 2025
Up 9.0% year-over-year
Detached Homes: $585,707
Up 1.8% month-over-month
Up 10.4% year-over-year
Semi-Detached Homes: $434,858
Up 1.1% month-over-month
Up 6.9% year-over-year
Townhouses: $322,000
Down 0.2% month-over-month
Up 7.7% year-over-year
Condos: $218,300
Up 1.4% month-over-month
Up 14.7% year-over-year
Inventory & Sales Activity
While new listings have seen a modest increase, overall inventory remains tight:
New Listings: 4,012 units
Up 9.8% from March 2025
Up 4.8% from April 2024
Total Residential Sales: 2,710 units
Up 9% month-over-month
Down 13% year-over-year
Sales-to-New-Listings Ratio (SNLR): 68%
Indicates a seller’s market
Market Trends & Insights
Detached Homes: Remain the backbone of Edmonton’s market. Listings and sales are both modestly down (-3% and -4% respectively), suggesting stability rather than slowdown. Despite softer activity, prices continue to impress — the benchmark reached $501,700, up 1.05% month-over-month and nearly 10% year-over-year
Condos: The average selling price of a condo in Edmonton was $218,300 for the month of April 2025, that’s increased by 1.4% compared to the previous month. On a year-over-year basis, the price of a condo in Edmonton has increased 14.7% over the last 12 months.
Townhouses: The average selling price of a townhouse in Edmonton was $303,200 for the month of April 2025, that’s decreased by 0.3% compared to the previous month. On a year-over-year basis, the price of a townhouse in Edmonton has increased by 17.9% over the last 12 months.
Looking Ahead
With the spring market in full swing, Edmonton’s real estate landscape is poised for continued activity. Buyers should be prepared for competitive conditions, especially in sought-after neighborhoods. Sellers can capitalize on favorable market dynamics, but it’s essential to price properties appropriately to attract serious offers.
Let’s Connect
Whether you’re considering buying, selling, or simply exploring your options in Edmonton’s dynamic real estate market, I’m here to help. Let’s discuss your goals and develop a strategy tailored to your needs.