Courtesy of Tyler Fiege

Inventory rising in Edmonton could be a sign of a shifting property market

$213,792 apt./ condo UP 3.4% year-to-year

$579,704 detached

UP 6.2% year-to-year

AVERAGE SALE PRICES

$306,796 row/ townhouse

4,917 NEW LISTINGS 2,967 SOLD LISTINGS

detached 2,955 833 apt./ condo detached 1,730 466 apt./ condo

UP 4.3% year-to-year

60.3% SALES TO NEW LISTING RATIO

29 DAYS ON MARKET

2.2 MONTHS OF INVENTORY

6,520 ACTIVE LISTINGS

Edmonton, June 2, 2025: There were 2,967 residential unit sales in the Greater Edmonton Area (GEA) real estate market during May 2025. The total residential average price in May 2025 was $464,277, decreasing 1.4% from the previous month. Detached home prices averaged $579,704, representing a 1.0% decrease from April 2025. Row/Townhouse prices decreased by 2.7% from April 2025, with an average selling price of $306,796. Apartment Condominium average prices fell 2.1% from the previous month to $213,792.

“A new trend may be emerging in our market right now, signalled by a rebound in our inventory levels,” says REALTORS® Association of Edmonton 2025 Board Chair Darlene Reid. “For the second month in a row, our inventory levels have been buoyed by a flood of new listings, giving buyers more choice and sellers more competition. As a result, we saw a nominal decrease in average price over most property categories, which could signal a change in the direction of our housing market as the year progresses.” Overall, all residential listings averaged 29 days on the market. Statistics reflect market activity in May 2025 | 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.

780-297-6065 tylerfiege@gmail.com | tylerfiege.com

The greatest compliment my clients can give me is the referral of family and friends!

Privacy Disclosure: We respect your privacy. The sponsor indicated on the front panel provides a complimentary subscription of this publication to you, a valued client. If at any time or for any reason you do not want to receive this publication, please contact the sponsor using any of the contact info on the front panel, and your personal information will be removed from the mailing list immediately. Without response to this cancellation offer, we assume your implied consent and permission to continue provision. Disclaimer: This publication is distributed for the purpose of information only. It is not intended to solicit buyers or sellers currently under contract by a real estate firm or under contract with another Broker or Mortgage Specialist, nor is it intended to cause or induce breach of any existing agreement. Distributed by: dmsmarketing.ca Copyright© 2025 All Rights Reserved / Printed on recyclable material. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by CREA and identify real estate professionals who are members of CREA.