Courtesy of Rich Mundle

MOMENTUM BUILDS AS MARKET SETS UP FOR PEAK SPRING MONTHS

$589,384 detached

$225,842 apt/condo

UP 0.8% year-to-year

UP 3.4% year-to-year

AVERAGE SALE PRICES

$313,193 row/townhouse DOWN 0.6% year-to-year

4,207 NEW LISTINGS 2,482 SOLD LISTINGS

2,441 722 apartment detached 1,488 357 apartment detached

59.0% SALES TO NEW LISTING RATIO

35 DAYS ON MARKET

2.8 MONTHS OF INVENTORY

6,917 ACTIVE LISTINGS

Edmonton, AB, May 2026 — The Greater Edmonton Area (GEA) real estate market reported 2,482 sales in April 2026, increasing 16.4% in comparison to activity in March 2026 and decreasing 8.1% compared to April 2025. There were 4,204 new listings — a month-over-month increase of 13.9% and a year-over-year increase of 9.1%. Inventory levels rose 11.3% from the previous month and are 31.4% higher than April 2025. Average selling price across all residential property types increased by 1.7% from the previous month to $478,902, a price 1.9% higher than April 2025. The MLS ® Home Price Index (HPI) composite benchmark price in the GEA was $431,900, increasing 1.4% from March 2026 and decreasing 1.6% year-over-year. “Activity in April has continued the upward trend set in March, albeit at a slower pace leading up to May. The year’s highest levels of market activity will occur in the next two months, especially now that the Bank of Canada policy interest rate has been held at 2.25 until at least mid-June. Expect more listings to hit the market—giving buyers lots of choice—and though prices still have room to rise, we’re unlikely to see as many multiple offer situations as last year.” – Darlene Reid, 2026 Board Chair, REALTORS ® Association of Edmonton Statistics reflect market activity in April 2026 | Source: REALTORS ® Association of Edmonton | Market values stated are of the average of Edmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

Please remember to reach out if your family needs are changing and you would like specific information or market updates on your neighbourhood or an area of interest. A quick text, email or phone call is all it takes! - Rich

Associate Broker Rich Mundle

direct: 780.908.4088 richmundle@gmail.com www.richmundle.com

Each Office Independently Owned & Operated

Senior Real Estate Specialist

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