Edmonton Real Estate Report - February 2026

The Greater Edmonton Area real estate market gained momentum in February as sales activity rebounded from the slower start to the year. New listings and inventory continued to climb, providing buyers with more options while prices across most property types saw modest increases.

Overall Market Activity

• The GEA recorded 1,606 sales in February — up 39.7% from January but 11.5% lower than February 2025.
• There were 3,020 new listings, a 23.6% increase month-over-month and a 15.4% increase year-over-year.
• Inventory levels rose 11.4% from January and sit 34.6% higher than February 2025.

Prices & Benchmarks

• Average residential price: $454,801 — up 1.4% month-over-month, up 1.5% year-over-year
• MLS® HPI composite: $419,600 — up 0.9% from January, down 2.1% year-over-year

Breakdown by Property Type

Detached Homes

• Average price: $571,372 — up 2.7% from January, up 1.1% year-over-year
• Sales: up 35.8% month-over-month, down 12.4% year-over-year
• New listings: up 20.7% month-over-month, up 13.2% year-over-year

Semi-Detached

• Average price: $441,958 — up 4.5% month-over-month, up 4.8% year-over-year
• Sales: up 43.4% from January, down 1.9% year-over-year
• New listings: up 8.1% from last month, up 29.0% year-over-year

Row/Townhomes

• Average price: $307,526 — up 3.8% month-over-month, up 2.3% year-over-year
• Sales: up 47.9% month-over-month, down 15.0% year-over-year
• New listings: up 25.7% from January, up 11.5% year-over-year

Apartment Condominiums

• Average price: $212,133 — down 6.0% month-over-month, down 1.4% year-over-year
• Sales: up 42.8% month-over-month, down 11.9% year-over-year
• New listings: up 22.7% month-over-month, up 19.7% year-over-year

Park Realty’s Take

February brought a noticeable jump in activity compared to January, which is typical as we move closer to the spring market. While sales are still slightly behind last year, more listings are hitting the market and buyer activity is picking up. For buyers, the increase in inventory means more choice and a bit more breathing room than we saw in the tight markets of the past few years. For sellers, well-prepared homes are still attracting strong interest as the market continues to gain momentum heading into spring.