Edmonton Real Estate Market Update October 2025 — The Edmonton real estate market cooled slightly in October as seasonal trends took hold, yet overall activity and prices remained stronger than last year. According to the REALTORS® Association of Edmonton, 2,061 homes sold across the Greater Edmonton Area (GEA)—a 5.7% decline from September and 17.0% lower than October 2024.
Meanwhile, 3,306 new listings hit the market, down 4.7% month-over-month but up 14.7% year-over-year, helping replenish inventory that had been tight earlier in the year. Although total inventory dipped 5.9% from September, it now sits 30.7% higher than a year ago, signalling a shift toward balance.
Prices Stay Steady Amid Seasonal Cooling
Prices across the GEA held firm in October, reflecting a stable market with steady demand.
- Average residential price: $454,777 (+0.3% MoM, +3.2% YoY)
- MLS® HPI composite benchmark: $418,500 (–1.2% MoM, +3.7% YoY)
“While month-over-month activity has slowed, sales and prices remain notably higher than this time last year,” said Darlene Reid, 2025 Board Chair of the REALTORS® Association of Edmonton. “After a period of tighter supply, the increase in available listings compared to last year is creating more balanced conditions for everyone in the market — more choice for buyers and steady opportunity for sellers.”
Market Snapshot by Property Type
Detached Homes
- Average price: $559,585 (+0.9% MoM, +1.2% YoY)
- Sales: ↓ 4.8% MoM | ↓ 13.0% YoY
- New listings: ↓ 14.2% MoM | ↑ 11.2% YoY
Semi-Detached Homes
- Average price: $428,966 (–1.1% MoM, +5.3% YoY)
- Sales: ↓ 8.8% MoM | ↓ 20.1% YoY
- New listings: ↑ 19.5% MoM | ↑ 34.0% YoY
Row/Townhomes
- Average price: $297,051 (–2.1% MoM, –3.5% YoY)
- Sales: ↓ 9.7% MoM | ↓ 24.3% YoY
- New listings: ↓ 8.9% MoM | ↑ 32.5% YoY
Apartment Condominiums
- Average price: $202,733 (–2.3% MoM, +5.3% YoY)
- Sales: ↓ 3.0% MoM | ↓ 22.3% YoY
- New listings: ↓ 7.2% MoM | ↑ 4.3% YoY
What a Balanced Market Means for Edmonton
After months of tight supply and strong competition, Edmonton’s real estate market is entering a balanced phase. In other words, a point where the number of homes for sale aligns with the number of active buyers.
In a sellers’ market, demand outpaces supply, often leading to bidding wars and rising prices. In a buyers’ market, supply exceeds demand, putting downward pressure on prices as sellers compete for fewer buyers. A balanced market, by contrast, brings stability. Homes sell at fair market value, and buyers have more time and choice without facing the urgency of aggressive competition.
Balanced conditions also lead to steady, gradual price appreciation rather than dramatic spikes or drops. This kind of growth is healthy for Edmonton’s long-term market appeal. It encourages sustainable investment, helps protect homeowners’ equity, and creates predictability for families planning their next move.
Looking Ahead: What Could Shift the Market in 2026
Several factors will influence whether Edmonton remains balanced heading into 2026:
- Interest rates: Any rate cuts by the Bank of Canada could reignite buyer demand and tilt the market back toward sellers.
- New housing supply: Continued growth in new listings and new construction could sustain balanced conditions or even give buyers a modest advantage.
- Population growth: Edmonton’s population continues to climb, particularly among newcomers and young families, adding long-term strength to housing demand.
- Seasonal trends: The winter months typically bring slower activity, but spring often sparks renewed competition, especially if inventory remains moderate.
Why This Is Good News for Buyers and Sellers
For buyers, balance means more selection and less pressure to overbid. You can take time to explore neighbourhoods, compare properties, and negotiate with confidence.
For sellers, it means stable pricing and consistent demand. Well-presented, appropriately priced homes are still selling efficiently, especially in popular neighbourhoods across southwest and west Edmonton.
Overall, a balanced market supports a healthier, more predictable real estate landscape for everyone, making Edmonton an attractive destination for investors, first-time buyers, and families looking to move up.
Thinking About Buying or Selling This Fall?
Whether you’re planning to purchase your first home, upgrade to more space, or sell your current property, Edmonton’s balanced market offers opportunity on both sides.
📞 Contact Wally Fakhreddine today at 780-238-7384 or visit topedmontonrealestate.com to get expert, up-to-date advice tailored to your goals and your neighbourhood.