Edmonton market activity slows, creating opportunity for buyers
Edmonton, AB – November 3, 2026 — The Greater Edmonton Area (GEA) real estate market reported 1,882 sales in October 2026, decreasing 3.5% compared to September activity and 8.3% compared to October 2025. There were 3,264 new listings — a month-over-month decrease of 11.2% and a year-over-year increase of 2.9%. Inventory levels decreased 6.6% from the previous month and are 15.2% higher than October 2025.
Average selling price across all residential property types decreased by 2.0% from the previous month to $457,641, a price 0.5% higher than October 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $417,200, increasing 9.4% from September 2026 and 7.2% year-over-year.
“Activity is tapering off seasonally as sales, new listings and average prices decreased last month. Certain property types did have a small rebound in sales and average price, but with higher inventory overall, it’s a fluctuation rather than a trend. We’re likely to see gains stall or reverse as the year comes to a close.
Sellers seeing declining activity shouldn’t be discouraged, however. This season is when serious buyers are looking, and while they may have plenty of options, the right home can still compete.” –Darlene Reid, 2026 Board Chair, REALTORS® Association of Edmonton
Data by Property Type
Detached home prices averaged $550,510, decreasing 3.4% from September 2026 and 1.8% from October 2025. New detached listings decreased 17.3% month-over-month and increased 8.4% year-over-year. Detached sales decreased 5.3% from the previous month and 6.6% compared to sales in October of last year.
Semi-detached new listings decreased 12.8% from the previous month and 10.1% from the previous year. Sales increased by 16.1% compared to September 2026 and 12.4% year-over-year. The semi-detached average price was $410,683, a decrease of 0.6% month-over-month and 4.3% compared to October 2025.
Row/townhomes prices increased 2.9% from last month, and 0.1% from October 2025, averaging $297,691. New listings were down 25.2% from September and 8.7% from last year. Row/townhouse sales increased by 6.5% month-over-month and decreased 6.1% year-over-year.
Apartment condominiums sales decreased 19.6% in October and fell 30.9% compared to the same month of the previous year. New listings decreased 0.2% month-over-month and increased 3.2% year-over-year. Condo prices averaged $213,245— increasing 1.8% from September and 5.1% compared to October 2025.
Inspired by insights from the Realtors Association of Edmonton.
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