Home Trends from Indy Khosah

Indy Khosah

Summer market definitively over as sales and listings fall.

AVG. SALE PRICE Detached $569,926

AVG. SALE PRICE Apt. Condo $218,063

ACTIVE LISTINGS 7,141

DAYS ON MARKET 37

Edmonton, AB – September 2, 2025 — Activity in the Greater Edmonton Area (GEA) real estate market slowed in August, selling 2,382 units to mark a decrease of 16.7% from July 2025 and 7.8% from August 2024. Although new listings dropped by 10.5% month-over month, they are still up 11.6% from last year, driving inventory levels 24.6% higher than in August 2024. Average days on market has also begun to increase, taking four days longer on average to sell a property in August 2025. Despite the hotter temperatures in August, the market definitely cooled. The number of properties listed and sold in August was lower in all categories, which is typical for this time of year. As school starts up again and life gets busier, the buyers and sellers that are left in the market will have to change up their tactics a bit. Sellers will have to make sure they’re priced right and showing their best, while buyers will be able to negotiate with motivated sellers.” Darlene Reid, 2025 Board Chair, REALTORS® Association of Edmonton. Overall, all residential listings averaged 37 days on the market.

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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