06/08/2026
📊 Edmonton Market Snapshot | May 2026
The Edmonton real estate market continues to show strength as we head into summer, with detached homes driving price growth while condos offer great opportunities for buyers and investors.
🏡 Overall Residential Market
• Average Price: $455,282
• Active Listings: 5,940
• Homes Sold: 1,649
• Average Days on Market: 39
• Absorption Rate: 27.76%
🏠 Detached Homes
• Average Price: $589,697
• Up 5.71% year-over-year
• Active Listings: 2,969
• Homes Sold: 916
• Average Days on Market: 36
• Absorption Rate: 30.85%
🏢 Apartment Condominiums
• Average Price: $200,772
• Active Listings: 1,573
• Condos Sold: 312
• Average Days on Market: 50
• Absorption Rate: 19.83%
What does this mean?
✅ Sellers of detached homes continue to benefit from strong demand and rising prices.
✅ Buyers are seeing more inventory hit the market, creating additional opportunities.
✅ Condo buyers and investors have more selection and negotiating power than we’ve seen in recent months.
Whether you’re thinking about buying, selling, investing, or simply curious about your home’s value, understanding the market is the first step.