Market update · October 2026

Edmonton Real Estate Market Update: September 2026 Numbers

Greater Edmonton Area, all residential property types, September 2026.

Average price
$466,080
+2.9% year over year
−0.8% from August
Median price
$435,000
No change year over year
−0.9% from August
Homes sold
1,959
−10.3% year over year
−8.5% from August
New listings
3,864
+11.3% year over year
+7.2% from August
Homes for sale, end of month
8,047
+16.4% year over year
6,911 in September 2025
Months of inventory
4.1
How long current listings would take to sell at this pace
What it means

Edmonton's housing market eased slightly through September, which is normal for this time of year. Across the Greater Edmonton Area the average residential price was $466,080, down 0.8% from August and up 2.9% from September last year. The median price held steady at $435,000.

What has changed is the balance between buyers and sellers. 1,959 homes sold in September, about 10% fewer than a year ago, while new listings rose about 11% to 3,864. There were 8,047 homes for sale at the end of the month, compared to 6,911 a year ago.

Prices usually soften a little in the fall, and that is what we are seeing. If sales stay at this pace and inventory stays high, we will likely see more of a price correction. For buyers, that means more choice and more time to make a decision. For sellers, pricing well from the start and presenting your home at its best matter more than they did a year ago.

Many Albertans are following the October 19 referendum closely, and times like these can make big decisions feel a little heavier. Whatever your view, my goal stays the same: clear information and honest advice, so you can make the right move for your family on your own timeline.

Jody Lambertus, REALTOR®

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By property type

Prices by home type, September 2026

TypeAveragevs last yearMedianvs last year
Detached$570K+2.9%$515K+1.0%
Semi-detached$413K−4.8%$407K−4.1%
Row / townhouse$290K−4.5%$295K−3.1%
Apartment condominium$209K+0.6%$185K−4.2%

Greater Edmonton Area.

City of Edmonton only

Average price
$435K
+3.5% year over year
Median price
$415K
+1.2% year over year
Homes sold
1,299
−10.5% year over year
New listings
2,731
+9.5% year over year

Source: REALTORS® Association of Edmonton, September 2026 residential statistics. Residential includes detached, semi-detached, row/townhouse and apartment condominium. The Greater Edmonton Area includes Edmonton, Strathcona County, Sherwood Park, Parkland County, St. Albert, Spruce Grove, Leduc, Fort Saskatchewan, Beaumont and surrounding communities. Averages and medians describe the whole market; your home's value depends on its location, condition and finishes.

Your home, your numbers

What does this market mean for your home?

Market averages only go so far. I'll look at the sales in your own neighbourhood and give you an honest read on your home or your next purchase.