Edmonton Real Estate Update - October 2025

October brought a noticeable cooldown in the Greater Edmonton Area (GEA) real estate market as both sales and new listings eased. A total of 2,061 homes sold, marking a 5.7% decline from September and a 17.0% drop year-over-year. Despite fewer new listings month-over-month, supply remained higher than last year. The market continues to rebalance as fall activity slows and inventory trends upward compared to 2024.

Market Overview

• New listings: 3,306 — down 4.7% from September, up 14.7% year-over-year

• Inventory: down 5.9% month-over-month, but 30.7% higher than October 2024

• Average residential price: $454,777 — up 0.3% from September, 3.2% above last year

• MLS® HPI composite: $418,500 — down 1.2% monthly, up 3.7% annually

Even with softer sales, prices held steady overall, supported by continued demand in specific segments and higher benchmark values compared to this time last year.

Breakdown by Property Type

Detached Homes

• Average price: $559,585
  — up 0.9% month-over-month, 1.2% above October 2024

• Sales: down 4.8% from September and 13.0% year-over-year

• New listings: down 14.2% monthly, up 11.2% annually

Detached homes remain the most resilient segment on the pricing front, though buyer activity slowed alongside reduced fresh inventory.

Semi-Detached Homes

• Average price: $428,966
  — down 1.1% from September, up 5.3% year-over-year

• Sales: down 8.8% month-over-month, 20.1% annually

• New listings: up 19.5% monthly and 34.0% year-over-year

Despite fewer sales, semi-detached listings surged, offering more choice for buyers heading into late fall.

Row/Townhomes

• Average price: $297,051
  — down 2.1% month-over-month, down 3.5% year-over-year

• Sales: down 9.7% from September and 24.3% annually

• New listings: down 8.9% monthly, but 32.5% higher than 2024

Townhomes continued to face downward pressure in both sales and pricing, even as supply remains much higher than last year.

Apartment Condominiums

• Average price: $202,733
  — down 2.3% from September, but up 5.3% year-over-year

• Sales: down 3.0% month-over-month, 22.3% year-over-year

• New listings: down 7.2% month-over-month, up 4.3% annually

Condo prices dipped in October, but year-over-year gains suggest underlying demand remains steady even as sales volumes soften.

Park Realty’s Take

October’s numbers show a market settling into its typical fall rhythm: slower sales, steadier pricing, and year-over-year inventory growth giving buyers more breathing room. While some categories saw price dips, the broader picture remains stable, with average prices continuing to outpace last year. As we approach the winter market, both buyers and sellers can benefit from strategic timing and strong guidance.