Edmonton Real Estate Update - December 2025

December capped off the year with a predictable seasonal slowdown in the Greater Edmonton Area (GEA) real estate market. Both sales and new listings declined sharply month-over-month, while overall prices continued to hold steady and even trend upward in several categories. Compared to last year, inventory remains considerably higher, giving buyers more options heading into the new year.

Overall Market Activity

The GEA reported 1,315 sales in December — down 20.4% from November and 7.5% lower than December 2024.
There were 1,389 new listings, marking a steep 37.1% monthly decrease, but still a 3.9% increase year-over-year.
Inventory levels declined 24.2% from November, yet remain 28.9% higher compared to this time last year.

Prices & Benchmarks

• Average residential price: $454,981 — up 1.8% from November, and 4.7% higher year-over-year
• MLS® HPI composite: $415,300 — essentially unchanged month-over-month (<0.1% dip), and 2.8% higher than December 2024

Breakdown by Property Type

Detached Homes

• Average price: $566,552 — up 2.3% from November and 5.2% higher year-over-year
• Sales: down 18.8% month-over-month and 5.0% year-over-year
• New listings: down 43.7% from November, up 0.8% from last year

Semi-Detached

• Average price: $422,078 — down 0.4% from November, up 3.3% year-over-year
• Sales: down 28.5% month-over-month and 12.8% compared to 2024
• New listings: down 30.3% from November, up 27.3% year-over-year

Row/Townhomes

• Average price: $297,124 — up 2.6% month-over-month, up 1.6% from December 2024
• Sales: down 22.0% month-over-month and 11.2% year-over-year
• New listings: down 37.9% from November, up 9.4% year-over-year

Apartment Condos

• Average price: $193,577 — down 5.7% from November and 5.2% year-over-year
• Sales: down 18.7% month-over-month and 9.1% year-over-year
• New listings: down 30.1% month-over-month and 3.3% compared to last year

Park Realty’s Take

December behaved exactly as expected: fewer buyers, fewer sellers, and quieter market conditions overall. Despite that slowdown, prices across most major categories remain higher than last year, showing continued strength in the GEA market. Elevated year-over-year inventory means buyers begin 2026 with more selection, while sellers should focus on strong pricing and presentation to stay competitive.