Edmonton Real Estate Market Update: January 2026 Edition

As we turn the page on another year, the Edmonton real estate market offers a fascinating snapshot of where we’ve been and where we might be heading in 2026. The December 2025 statistics from the REALTORS® Association of Edmonton (RAE) reveal a market in transition—cooling off for the holidays as expected, yet showing surprising resilience in pricing, particularly for detached homes.

Whether you are looking to buy your first home, sell a property, or simply keep a finger on the pulse of the local economy, understanding these numbers is crucial. This January 2026 market update breaks down the key figures from December 2025, offering a clear picture of sales volume, inventory shifts, and price trends across the Greater Edmonton Area (GEA).

December 2025 Sales Overview: A Seasonal Shift

It is no secret that December is typically a quieter month for real estate, as holiday festivities and colder weather take priority over house hunting. The data confirms this seasonal trend, but with some notable year-over-year adjustments.

Total residential sales in the Greater Edmonton Area hit 1,315 units in December 2025. This represents a significant 20.4% decrease compared to the activity seen in November 2025. More interestingly, when we look back at the same time last year, sales are down 7.5% compared to December 2024.

While a drop in sales volume is standard for the end of the year, the year-over-year decline suggests a slight softening in buyer urgency or perhaps a reflection of broader economic factors influencing purchasing decisions as 2025 came to a close.

New Listings and Inventory Levels

One of the most critical indicators of market health is inventory—the supply side of the equation. December saw a tightening of fresh options for buyers, but overall stock remains higher than it was a year ago.

There were 1,389 new listings brought to market in December. This is a sharp 37.1% decrease month-over-month, which aligns with sellers preferring to wait until the new year to list. However, compared to December 2024, new listings are actually up by 3.9%.

Total inventory levels followed a similar pattern, falling 24.2% from November. Yet, the bigger picture shows that buyers entering the market in early 2026 have more to choose from than they did a year ago, with inventory levels sitting 28.9% higher than in December 2024. This increase in inventory could provide buyers with slightly more leverage and selection as we move into the spring market.

Average Selling Prices Remain Resilient

Despite the drop in sales volume, property values in Edmonton have demonstrated impressive resilience. The average selling price across all residential property types in the GEA landed at $454,981 for December 2025.

Contrary to the dip in sales activity, this price point actually represents a 1.8% increase from the previous month. Even more encouraging for homeowners is the year-over-year growth: average prices are 4.7% higher than they were in December 2024. This suggests that while fewer transactions are happening, the properties that are selling are commanding strong value.

MLS® Home Price Index (HPI) Benchmark

The MLS® Home Price Index (HPI) provides a consistent method of tracking price trends by measuring the value of a "typical" home rather than just averages, which can be skewed by high-end luxury sales.

In December 2025, the HPI composite benchmark price for the Greater Edmonton Area was $415,300. This figure remained virtually flat month-over-month (decreasing by less than 0.1%) but showed healthy stability with a 2.8% increase year-over-year.

Price Changes by Property Type

The real story of the December market lies in the specific performance of different property types. Not all segments of the market behaved the same way, with single-family homes outperforming condos significantly.

Detached Homes

Detached homes continue to be the driver of price growth in Edmonton. The average price for a detached home climbed to $566,552.

• Month-over-Month: +2.3%
• Year-over-Year: +5.2%

Sales volume for detached homes did drop by 18.8% from November and 5.0% from the previous year, but the price gains indicate that demand remains strong for quality inventory.

Semi-Detached Homes

Semi-detached properties experienced a slight cooling in price but remain up on an annual basis. The average price settled at $422,078.

• Month-over-Month: -0.4%
• Year-over-Year: +3.3%

Sales for this category slowed considerably, dropping 28.5% from November and 12.8% year-over-year.

Row/Townhouses

Townhomes proved to be a solid investment in December, showing growth in both monthly and yearly comparisons. The average price was $297,124.

• Month-over-Month: +2.6%
• Year-over-Year: +1.6%

However, sales volume for townhomes saw a decline of 22.0% month-over-month.

Apartment Condominiums

The condo market faced the most significant headwinds to close out the year. The average price for an apartment condominium was $193,577.

• Month-over-Month: -5.7%
• Year-over-Year: -5.2%

Condos were the only property category to record a price decrease compared to 2024. Sales also slowed, with 18.7% fewer units sold than in November.

Conclusion

The Edmonton real estate market ends 2025 on a mixed but generally positive note. While sales volume has dipped—a typical winter occurrence—values for detached homes and townhouses are holding strong and even increasing. The rise in year-over-year inventory suggests a more balanced landscape is forming, offering buyers more choice while still rewarding sellers who price their homes correctly.

For buyers, the current market offers an opportunity to browse increased inventory with slightly less competition than the frantic spring months. For sellers, particularly those with detached homes, the data shows that serious buyers are still willing to pay a premium for the right property.

Ready to Navigate the 2026 Market?

Real estate statistics provide the roadmap, but navigating the journey requires an expert guide. Whether you are looking to capitalize on the dip in condo prices or sell your detached home while values are up, professional advice is invaluable.

Contact us today to discuss your real estate goals and find out how these January 2026 market trends apply specifically to your neighborhood and property.