Edmonton Real Estate Report - January 2026

The Greater Edmonton Area real estate market began the new year with a notable increase in new listings and a pullback in sales activity. Inventory continues to trend upward compared to last year, while prices across most segments remain relatively stable despite seasonal fluctuations.

Overall Market Activity

The GEA recorded 1,151 sales in January — down 12.5% from December and 27.6% lower than January 2025.
There were 2,518 new listings, marking a sharp 84.2% month-over-month jump as sellers re-enter the market after the holidays, and a 4.7% increase year-over-year.
Inventory levels rose 8.5% from December and sit 32.7% higher than this time last year.

Prices & Benchmarks

• Average residential price: $448,761 — down 1.4% month-over-month, up 2.5% year-over-year
• MLS® HPI composite: $415,000 — down 0.1% from December, down 1.0% year-over-year

Breakdown by Property Type

Detached Homes

• Average price: $556,752 — down 1.7% from December, down 0.6% year-over-year
• Sales: down 16.3% month-over-month, down 23.1% year-over-year
• New listings: up 84.2% month-over-month, up 5.1% year-over-year

Semi-Detached

• Average price: $422,964 — up 0.2% month-over-month, up 0.7% year-over-year
• Sales: up 1.4% from December, down 27.5% year-over-year
• New listings: up 83.9% from last month, up 13.6% year-over-year

Row/Townhomes

• Average price: $296,227 — down 0.3% month-over-month, down 5.1% year-over-year
• Sales: down 13.6% month-over-month, down 29.5% year-over-year
• New listings: up 71.2% from December, up 7.6% year-over-year

Apartment Condominiums

• Average price: $225,671 — up 16.5% month-over-month, up 11.1% year-over-year
• Sales: down 6.0% month-over-month, down 38.7% year-over-year
• New listings: up 77.9% month-over-month, down 4.0% year-over-year

Park Realty’s Take

January brought the usual surge of new listings as sellers prepared for the spring market, while buyers remained cautious following the holiday slowdown. Despite a dip in sales, year-over-year price growth across several segments signals continued confidence in the Greater Edmonton market. With inventory rising, both buyers and sellers can expect more balanced conditions as we move further into 2026.