JANUARY 2026
EDMONTON REAL ESTATE
MARKET UPDATE

By Maninder Grewal
Jan 1, 2026

Welcome to your January 2026 Edmonton real estate newsletter.
This update is based on the most recent available market data from November 2025 and reflects how the market is trending as we head into the new year.

MARKET SNAPSHOT

The Edmonton housing market cooled in November, which is typical for the winter season. Sales activity slowed compared to October, but overall prices remain slightly higher than this time last year.

Key highlights from November 2025:
 • 1,654 homes sold across the Edmonton region
 • Sales were lower month over month and year over year, reflecting seasonal slowdown
 • Average home price around $447,000
 • Benchmark home price around $415,500
 • About 3.6 months of housing inventory, which indicates a balanced market.

In simple terms, the market is not overheated, but it is also not declining sharply.

WHAT THIS MEANS FOR YOU

For buyers:
With sales slowing and inventory at balanced levels, buyers generally have more choice and less pressure than in a strong seller’s market. This allows more time to evaluate options and negotiate.

For sellers:
Homes that are priced correctly and well presented are still selling. Pricing strategy matters more than timing in a balanced market.

For homeowners:
Despite seasonal slowdowns, home values in Edmonton remain relatively stable compared to many other major Canadian cities.

PRICES BY PROPERTY TYPE (NOVEMBER 2025 SNAPSHOT)

Detached homes:
Average price around $553,700
Slight month-to-month dip, but still higher than last year

Semi-detached homes:
Average price around $423,800
Prices generally stable year over year

Townhomes:
Average price around $289,600
Minor monthly changes, steady long-term trend

Condo apartments:
Average price around $205,300
One of the more affordable segments, with modest year-over-year growth

Overall, while activity slowed, prices across most property types are holding up compared to last year.

MARKET BALANCE HEADING INTO 2026

With roughly 3.6 months of inventory, Edmonton is considered a balanced market. This means:
 • Buyers are not competing aggressively
 • Sellers need realistic pricing
 • Fewer bidding wars
 • More predictable outcomes for both sides

Balanced markets often favor thoughtful planning rather than rushed decisions.

WHAT TO WATCH IN THE COMING MONTHS

As we move through winter:
 • Sales activity may remain lighter due to seasonality
 • Inventory levels will be important to watch as spring approaches
 • Interest rate changes could influence buyer demand later in 2026

If you’re thinking about buying or selling this year, early planning can make a meaningful difference before spring activity increases.

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