Edmonton Real Estate Report - June 2026

The Greater Edmonton Area real estate market remained active in June, with sales reaching their highest level of the year so far. While average prices eased slightly from May's peak, inventory continued to grow, giving buyers more choice as the market shifts toward more balanced conditions heading into summer.

Overall Market Activity

• The GEA recorded 2,746 sales in June — up 7.5% from May, but 4.1% lower than June 2025.
• There were 4,475 new listings, a 3.6% decrease month-over-month, but a 10.1% increase year-over-year.
• Inventory levels rose 2.9% from May and sit 22.2% higher than June 2025.

Prices & Benchmarks

• Average residential price: $483,600 — down 1.6% month-over-month, up 4.1% year-over-year
• MLS® HPI composite: $431,300 — down 0.2% from May, down 2.1% year-over-year

Breakdown by Property Type

Detached Homes

• Average price: $592,989 — down 1.9% from May, up 3.3% year-over-year
• Sales: up 6.1% month-over-month, down 1.0% year-over-year
• New listings: down 10.3% month-over-month, up 11.0% year-over-year

Semi-Detached

• Average price: $434,651 — up 0.3% month-over-month, down 1.2% year-over-year
• Sales: up 6.7% from May, up 4.9% year-over-year
• New listings: up 1.0% from last month, up 15.0% year-over-year

Row/Townhomes

• Average price: $303,117 — down 2.1% month-over-month, down 2.1% year-over-year
• Sales: up 17.3% month-over-month, down 10.9% year-over-year
• New listings: down 1.0% from May, up 20.7% year-over-year

Apartment Condominiums

• Average price: $219,190 — up 6.4% month-over-month, up 2.0% year-over-year
• Sales: up 5.5% month-over-month, down 15.4% year-over-year
• New listings: down 9.7% month-over-month, down 2.2% year-over-year

Park Realty’s Take

June marked a strong finish to the first half of the year, with sales continuing to climb even as inventory reached its highest levels of 2026. While average prices softened slightly from May's peak, they remain well above where they were this time last year, reflecting the overall strength of the market. Buyers are benefiting from increased selection and a more balanced environment, while sellers continue to see solid demand—particularly for well-priced, move-in-ready homes. As we head into the summer months, we expect the market to remain active, with balanced conditions creating opportunities on both sides of the transaction.