Edmonton Housing Market Outlook 2025
Edmonton Market Report Summary
- The average selling price of a home in Edmonton increased by 3.9% year-over-year to $412,100 in October 2025.
- The average selling price of a single-family home in Edmonton increased by 6.8% year-over-year to $491,100 in October 2025.
- The average selling price of a townhouse/multiplex in Edmonton increased by 4.4% year-over-year to $280,500 in October 2025.
- The average selling price of a condo in Edmonton increased by 1.3% year-over-year to $198,600 in October 2025.
- The average rent in Edmonton decreased by 3.4% year-over-year to $1,529 for October 2025.
- November 26, 2025: Today’s lowest mortgage rate in Edmonton is
for a 5-year fixed.
Composite Home Prices
The average selling price of a home in Edmonton was $412,100 for the month of October 2025, that’s decreased by 1.2% compared to the previous month. On a year-over-year basis, Edmonton home prices have increased 3.9% over the last 12 months.
Single-family Home Prices
The average selling price of a single-family home in Edmonton was $491,100 for the month of October 2025, that’s decreased by 1.2% compared to the previous month. On a year-over-year basis, single-family home prices in Edmonton have increased by 6.8% over the last 12 months.
Townhouse and Multiplex Prices
The average selling price of a townhouse in Edmonton was $280,500 for the month of October 2025, that’s decreased by 1.3% compared to the previous month. On a year-over-year basis, the price of a townhouse in Edmonton has increased by 4.4% over the last 12 months.
Condo Prices
The average selling price of a condo in Edmonton was $198,600 for the month of October 2025, that’s decreased by 0.3% compared to the previous month. On a year-over-year basis, the price of a condo in Edmonton has increased 1.3% over the last 12 months.
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Edmonton Housing Market Summary
Data from the Realtors Association of Edmonton (REA) indicates that the average price of resale residential homes sold across Edmonton in October 2025 was $412,100, and it increased of 3.9% compared to a year ago.
REA also reported a sales-to-new-listings ratio (SNLR) of 62%, indicating a Sellers in Edmonton for October 2025.
Edmonton Sales Decline 17% YoY as Inventory Climbs 31%
According to the Realtors Association of Edmonton (RAE), the Greater Edmonton Area saw a distinct seasonal slowdown in October, with sales easing and listings moderating. The region recorded 2,061 sales in October, down 5.7% from September and 17% lower than October 2024. New listings reached 3,306, a 4.7% month-over-month decline but up 14.7% year over year. Even with fewer new listings than September, total inventory remained elevated, 5.9% below last month but 30.7% above last October, signalling more choice for buyers across segments.
Edmonton October 2025 Market Highlights
• 2,061 home sales, down 5.7% from September and 17% year over year
• 3,306 new listings, down 4.7% month over month but up 14.7% year over year
• Inventory 5.9% lower than September but 30.7% higher than last year
• Average residential price at $454,777, up 0.3% monthly and 3.2% annually
• HPI composite benchmark at $418,500, down 1.2% MoM and up 3.7% YoY
Listings in Edmonton Rise and Seasonal Conditions Set In
Average home prices across the region remained stable despite slower activity, rising 0.3% month over month to $454,777 and 3.2% above October 2024. The HPI composite benchmark dipped to $418,500, down 1.2% from September but still 3.7% higher than a year ago. Elevated year-over-year inventory combined with typical fall seasonality shifting conditions toward balance across most segments, giving buyers more selection and slightly softening bidding pressures while still supporting steady pricing for sellers.
Supply Builds Across All Property Types as Prices Adjust at Different Speeds
Market dynamics in October showed a clear trend toward higher supply and softer sales across the detached, semi-detached, row, and apartment segments, with prices responding differently by property type. Detached homes averaged $559,585, up 0.9% from September and 1.2% above last year, even as sales declined 4.8% month over month and 13% year over year. Fewer new listings helped keep conditions relatively balanced for detached owners despite the slowdown.
Semi-detached properties saw the sharpest rise in new supply, with listings up 19.5% month over month and 34% year over year. Sales fell by 8.8% from September and 20.1% compared with last October, contributing to a slight 1.1% monthly price dip to $428,966, although prices remained 5.3% higher than a year ago.
Row and townhouse units continued to face the most persistent supply pressure, with new listings still 32.5% above last year despite an 8.9% monthly pullback. The average price slipped to $297,051, down 2.1% from September and 3.5% below last year, reflecting softer demand.
Apartment condominiums followed a similar pattern, with sales down 3% month over month and 22.3% year over year. Prices averaged $202,733, a 2.3% monthly decline but 5.3% higher than last year, showing modest annual stability even as elevated listings gave buyers more options and negotiating power.
Rental Advantage Continues to Support Housing Demand in Edmonton
Edmonton’s reputation as Canada’s most renter-friendly city continues to influence the broader housing landscape. Strong population inflows into Alberta, combined with relatively low rents and high median incomes, have positioned the region as one of the most affordable major centres in the country. Many newcomers choose to rent first, giving them time to settle financially before entering the ownership market, something that is far more achievable in Edmonton than in higher-priced cities.
A wave of secondary suites, laneway homes, and multi-unit rentals has also expanded supply, helping keep rents stable and giving households room to plan their transition into buying. Detached homes remain more competitive due to tighter supply, but the region as a whole offers a better balance than most major Canadian markets. Neighbouring communities such as Leduc and Spruce Grove share these advantages, reinforcing the region’s long-term draw and supporting consistent demand even as fall activity follows its usual seasonal slowdown.
What These Trends Mean for Edmonton Homebuyers and Homeowners
Edmonton’s rising year-over-year inventory is giving buyers more room to compare properties and negotiate, especially in the row and apartment segments, where supply is growing fastest. Sellers face growing competition and should expect pricing accuracy and preparation to play a larger role in attracting offers. Homeowners looking to refinance may benefit from annual price gains across most property types.
Month-over-Month Market Expectations for Edmonton
Transactions – Number of Sales
The number of sales in Edmonton was 2,061 during October 2025, that’s decreased by 6% compared to the previous month. On a year-over-year basis, sales in Edmonton have decreased by 17.2% over the last 12 months.
New Listings
The number of new listings in Edmonton was 3,306 during October 2025, that’s decreased by 9.3% compared to the previous month. On a year-over-year basis, new listings in Edmonton have increased by 12.7% over the last 12 months.
Real Estate Market
The sales-to-new-listings ratio (SNLR) in Edmonton was 62% during October 2025, indicating a Sellers. On a monthly basis, that’s increased by 3.7% compared to the previous month. Edmonton’s yearly sales to new listings ratio has decreased by 26.5% over the last 12 months.
The sales-to-new-listings ratio (SNLR) measures the number of home sales compared to new listings. An SNLR below 40% suggests a buyer’s market, where buyers have the upper hand and greater negotiating power. An SNLR between 40% and 60% is a balanced market, while an SNLR of over 60% is considered a seller’s market.
Annual Changes to Composite Home Prices in Edmonton
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Edmonton Market Rents Summary
The average rent in Edmonton was $1,529 for the month of October 2025, which decreased by 3.4% on a year-over-year basis.
The average rent for a bachelor apartment in Edmonton was $0 for the month of October 2025, which 0 by 0% on a year-over-year basis.
The average rent for a 1-bedroom apartment in Edmonton was $1,336 for the month of October 2025, which decreased by 5.8% on a year-over-year basis.
The average rent for a 2-bedroom apartment in Edmonton was $1,700 for the month of October 2025, which decreased by 2.6% on a year-over-year basis.
The average rent for a 3-bedroom apartment in Edmonton was $1,336 for the month of October 2025, which decreased by 2.6% on a year-over-year basis.
How Does Renting Compare with Homeownership in Edmonton?
Each $100,000 in mortgage balance costs an average of $509.35 per month on nesto’s lowest fixed 5-year rate at
Rates used for calculation are those offered on insured purchases with less than a 20% downpayment on a 25-year amortization. Canada’s policy rate is 2.25%, and nesto’s prime rate is set to 4.45%.
Rental Price Changes by City
Rental Price Changes by Province
Rental Price Growth by Housing Type
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Frequently Asked Questions on Edmonton Housing Market Outlook for 2025
Will home prices in Edmonton rise in 2025?
Edmonton’s home prices are expected to see slight increases in 2025. Edmonton remains one of Canada’s most affordable larger housing markets, and steady population growth and declining mortgage rates will drive modest price gains.
Is Edmonton a good place to buy a home in 2025?
Edmonton is an attractive option for buyers seeking affordability and long-term investment opportunities. Its lower home prices than other major cities and new housing developments make it ideal for first-time homebuyers (FTHB) and investors.
How will mortgage rates impact Edmonton’s housing market?
Easing mortgage rates in 2025 will improve affordability in Edmonton, allowing buyers to secure more favourable financing. Combined with stable prices, this creates a good entry point for buyers.
Will housing affordability improve in Edmonton in 2025?
Edmonton remains one of the most affordable cities in Canada. Prices for single-family homes and condos stay well below the national average, attracting buyers looking for value.
What trends will influence Edmonton’s housing market?
Key trends include increasing population growth, demand for single-family homes, and a steady supply of new housing developments, keeping the market balanced.
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