Home Trends from John Braconnier

JOHN BRACONNIER

Edmonton housing market activity may have hit turning point for summer

AVG. SALE PRICE Detached $585,726

AVG. SALE PRICE Apt. Condo $214,521

ACTIVE LISTINGS 8,142

DAYS ON MARKET 39

Edmonton, AB (August 2026) — The Greater Edmonton Area (GEA) real estate market reported 2,535 sales in July 2026, decreasing 7.6% in comparison to activity in June 2026 and 11.0% compared to July 2025. There were 4,258 new listings — a month-over-month decrease of 1.0% and a year-over-year increase of 0.6%. Inventory levels rose 0.9% from the previous month and are 17.9% higher than July 2025. Average selling price across all residential property types decreased by 1.8% from the previous month to $475,079, a price 2.6% higher than July 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $429,100, decreasing 0.3% from June 2026 and showing no change year-over-year. “A significant shift in numbers occurred in July, following seasonal trends as the spring market fervor has faded into the summer months. Decreased sales—despite ample inventory—softening prices, and longer days on market are strong indicators that demand is subsiding. Numbers may rebound slightly through fall, but we’re unlikely to see activity reach the same volume again for the remainder of the 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.

CLICK FOR FULL REPORT

Or Call With Your Real Estate Market Questions

780.966.2360 | homes@johnbraconnier.com | johnbraconnier.com