Edmonton Real Estate Report - March 2026

The Greater Edmonton Area real estate market continued to build momentum in March, with strong increases in both sales and new listings. As we move deeper into the spring market, rising inventory is giving buyers more options, while prices are trending upward across most segments.

Overall Market Activity

• The GEA recorded 2,133 sales in March — up 33.1% from February, but 14.0% lower than March 2025.
• There were 3,809 new listings, a 30.6% increase month-over-month and a 4.2% increase year-over-year.
• Inventory levels rose 13.8% from February and sit 31.6% higher than March 2025.

Prices & Benchmarks

• Average residential price: $470,819 — up 3.4% month-over-month, up 2.2% year-over-year
• MLS® HPI composite: $426,000 — up 1.5% from February, down 2.9% year-over-year

Breakdown by Property Type

Detached Homes

• Average price: $590,162 — up 3.3% from February, up 2.5% year-over-year
• Sales: up 38.9% month-over-month, down 13.6% year-over-year
• New listings: up 28.4% month-over-month, up 2.5% year-over-year

Semi-Detached

• Average price: $436,997 — down 1.2% month-over-month, up 1.6% year-over-year
• Sales: up 24.2% from February, down 3.4% year-over-year
• New listings: up 35.6% from last month, up 18.3% year-over-year

Row/Townhomes

• Average price: $307,666 — down 0.2% month-over-month, down 2.2% year-over-year
• Sales: up 24.0% month-over-month, down 19.6% year-over-year
• New listings: up 19.7% from February, up 12.1% year-over-year

Apartment Condominiums

• Average price: $212,054 — unchanged month-over-month, down 2.8% year-over-year
• Sales: up 29.2% month-over-month, down 17.3% year-over-year
• New listings: up 18.9% month-over-month, down 2.1% year-over-year

Park Realty’s Take

March showed a strong step forward into the spring market, with both sales and listings climbing at a steady pace. While activity is still tracking below last year’s levels, the increase in inventory is creating more balanced conditions and giving buyers more flexibility. At the same time, price growth in key segments like detached homes highlights continued demand. As we move further into spring, we expect competition to pick up, especially for well-priced homes in desirable areas.