Edmonton Real Estate Report - September 2026

The Greater Edmonton Area real estate market saw a seasonal slowdown in September, with sales declining while new listings continued to rise. Inventory remains higher than last year, giving buyers more options as we move into fall. While the average residential price is still up year-over-year, prices softened across most property types compared to August.

Overall Market Activity

• The GEA recorded 1,959 residential sales in September — down 8.8% from August and 10.3% year-over-year.
• There were 3,864 new listings, up 7.2% month-over-month and 11.3% year-over-year.
• Inventory levels increased 0.1% from the previous month and sit 16.7% higher than September 2025.

Prices & Benchmarks

• Average residential price: $466,080 — down 0.8% month-over-month, up 2.9% year-over-year.
• MLS® HPI composite: $423,100 — down 0.9% month-over-month and 0.3% year-over-year.

Breakdown by Property Type

Detached Homes

• Average price: $569,820 — down 1.1% month-over-month, up 2.9% year-over-year.
• Sales: Down 6.2% month-over-month, down 6.5% year-over-year.
• New listings: Up 4.5% month-over-month, up 13.6% year-over-year.

Semi-Detached

• Average price: $412,974 — down 2.7% month-over-month, down 4.8% year-over-year.
• Sales: Down 15.5% month-over-month, down 10.9% year-over-year.
• New listings: Up 8.1% month-over-month, up 25.4% year-over-year.

Row/Townhomes

• Average price: $289,640 — down 2.9% month-over-month, down 4.5% year-over-year.
• Sales: Down 12.8% month-over-month, down 20.1% year-over-year.
• New listings: Up 5.3% month-over-month, up 12.5% year-over-year.

Apartment Condominiums

• Average price: $208,672 — down 3.1% month-over-month, up 0.6% year-over-year.
• Sales: Down 9.1% month-over-month, down 15.4% year-over-year.
• New listings: Down 11.1% month-over-month, down 5.3% year-over-year.

Park Realty’s Take

September brought a quieter market across the Greater Edmonton Area, with sales declining while new listings continued to increase. With inventory sitting 16.7% above last year, buyers have more choice and may have greater flexibility when negotiating. Prices are holding above last year's levels for the overall market, although several property types saw month-over-month declines. For sellers, competitive pricing and strong presentation will be especially important as buyers weigh their options this fall.