Edmonton Real Estate Report - October 2026

by Park Realty

The Greater Edmonton Area real estate market continued to slow in October, with sales, new listings and average prices all declining from September. While activity is easing as we move toward the end of the year, inventory remains higher than last fall, giving buyers more options. Prices varied across property types, with some segments seeing modest gains despite the overall monthly decline.

Overall Market Activity

The GEA recorded 1,882 residential sales in October — down 3.5% from September and 8.3% year-over-year.
There were 3,264 new listings, down 11.2% month-over-month and up 2.9% year-over-year.
Inventory levels decreased 6.6% from the previous month and sit 15.2% higher than October 2025.

Prices & Benchmarks

Average residential price: $457,641 — down 2.0% month-over-month, up 0.5% year-over-year.
MLS® HPI composite: $417,200 — down 1.4% month-over-month and 0.9% year-over-year.

Breakdown by Property Type

Detached Homes

Average price: $550,510 — down 3.4% month-over-month, down 1.8% year-over-year.
Sales: Down 5.3% month-over-month, down 6.6% year-over-year.
New listings: Down 17.3% month-over-month, up 8.4% year-over-year.

Semi-Detached

Average price: $410,683 — down 0.6% month-over-month, down 4.3% year-over-year.
Sales: Up 16.1% month-over-month, up 12.4% year-over-year.
New listings: Down 12.8% month-over-month, down 10.1% year-over-year.

Row/Townhomes

Average price: $297,691 — up 2.9% month-over-month, up 0.1% year-over-year.
Sales: Up 6.5% month-over-month, down 6.1% year-over-year.
New listings: Down 25.2% month-over-month, down 8.7% year-over-year.

Apartment Condominiums

Average price: $213,245 — up 1.8% month-over-month, up 5.1% year-over-year.
Sales: Down 19.6% month-over-month, down 30.9% year-over-year.
New listings: Down 0.2% month-over-month, up 3.2% year-over-year.

Park Realty’s Take

October brought a continued seasonal slowdown, with fewer sales and new listings across much of the market. While overall prices softened, semi-detached and row/townhome sales saw a bit of a rebound, showing that activity can still vary depending on property type. Inventory remains higher than last year, giving buyers more options and making competitive pricing especially important for sellers. As we head toward the end of the year, serious buyers are still out there, and well-presented homes that are priced right can continue to stand out.