Edmonton Real Estate Market Update: October 2025

The Edmonton real estate market is showing signs of a typical seasonal slowdown as we move deeper into autumn. October 2025 data reveals a market that is gently softening, creating more balanced conditions for both buyers and sellers. While month-over-month activity has decreased, sales and prices remain significantly higher than this time last year, pointing to continued market stability and healthy demand.

An increase in available listings compared to 2024 is giving buyers more choices, while sellers are still benefiting from steady opportunities. This comprehensive review will break down the latest statistics for the Greater Edmonton Area (GEA), covering sales, new listings, inventory, and pricing trends across all major property types. Let's explore what these numbers mean for you.

Sales Overview: A Seasonal Shift

In October, the Greater Edmonton Area real estate market saw a total of 2,061 residential sales. This figure represents a 5.7% decrease from September, a common trend as the market typically cools down in the fall.

Despite the month-over-month dip, the market's underlying strength is evident when looking at the year-over-year comparison. Sales in October 2025 were up by a significant 17.0% compared to October 2024. This indicates that buyer demand remains robust and the market is healthier than it was a year ago.

New Listings and Inventory Levels

October saw 3,306 new properties listed for sale in the GEA. This is a 4.7% decrease from the number of new listings in September but marks a substantial 14.7% increase compared to October 2024. This year-over-year rise in new listings is a key factor in bringing more balance to the market.

Overall inventory levels reflect this shift. While inventory is down 5.9% from the previous month, it is 30.7% higher than it was in October of last year. This increase in available homes provides more options for prospective buyers and eases some of the pressure that characterized the market in previous months. As Reid stated, this creates "more choice for buyers and steady opportunity for sellers."

Average Selling Prices

The average selling price for all residential property types in the GEA saw a slight increase of 0.3% month-over-month, reaching $454,777. Compared to October 2024, the average price is 3.2% higher, demonstrating sustained value in the market.

However, the MLS® Home Price Index (HPI), which provides a more stable measure of price trends, tells a slightly different story. The composite benchmark price in the GEA for October was $418,500. This represents a 1.2% decrease from September 2025 but remains 3.7% higher than it was one year ago. The HPI indicates that while prices have softened slightly in the short term, the overall value of homes in Edmonton has grown over the past year.

Detached Homes

The detached homes category continues to be a strong segment of the market. The average price for a detached home increased by 0.9% from September, reaching $559,585. This is also 1.2% higher than the average price in October 2024.

Sales activity for detached homes saw a decline, with sales falling 4.8% from last month and 13.0% from the previous year. New listings also decreased month-over-month by 14.2%, but they are still 11.2% higher than they were a year ago, contributing to a better-supplied market.

Semi-Detached Homes

The semi-detached market experienced a significant increase in new listings, which were up 19.5% from September and an impressive 34.0% year-over-year. In contrast, sales slowed, decreasing by 8.8% compared to the previous month and 20.1% compared to October 2024.

The average price for semi-detached homes saw a slight dip of 1.1% from September, landing at $428,966. Despite this monthly decrease, the average price remains 5.3% higher than the previous year, showcasing strong annual growth.

Row/Townhomes

The row and townhome segment saw prices decrease by 2.1% in October to an average of $297,051. This price also reflects a 3.5% decrease compared to the same time last year.

Sales for this property type were down 9.7% month-over-month and 24.3% year-over-year. New listings were also lower than in September by 8.9% but remained significantly higher than the previous year, with a 32.5% increase.

Apartment Condominiums

The apartment condominium market also saw a slowdown in sales, with 3.0% fewer units sold than in September and 22.3% fewer than in October 2024. New listings also decreased by 7.2% from the previous month but were still 4.3% higher than a year ago.

The average price for condominiums at the end of October was $202,733. This is a 2.3% decrease from September but represents a healthy 5.3% increase compared to October 2024, indicating solid year-over-year value appreciation for this segment.

What to Expect Next

The Edmonton real estate market is transitioning into a more balanced state. The seasonal slowdown is evident in the month-over-month sales figures, but the strong year-over-year performance in both sales and pricing indicates a resilient market. The increased inventory is welcome news for buyers, who now have more options and slightly less competition.

Looking ahead, as your Edmonton Realtors, we can expect this trend of market moderation to continue through the winter months. Prices are likely to remain stable, with minor fluctuations typical of the season. For sellers, the market still presents good opportunities, as demand remains higher than last year. For buyers, the increased choice and more balanced conditions could make the coming months an ideal time to enter the market.