Bryan Mundo's Home Trends

BRYAN MUNDO

Momentum builds as market sets up for peak spring months

AVG. SALE PRICE Detached $589,384

AVG. SALE PRICE Apt. Condo $225,842

ACTIVE LISTINGS 6,917

DAYS ON MARKET 35

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 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.

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780.909.3547 • bryan@bryanmundo.com