The Greater Edmonton Area real estate market opened 2026 with a clear change in momentum. January brought a significant increase in inventory, offering buyers more choice while signaling a more competitive environment for sellers.
According to the REALTORS® Association of Edmonton, 1,151 homes were sold in January 2026, a decrease from both December and January of last year. Meanwhile, 2,518 new listings entered the market, representing an 84 percent month-over-month increase and a 4.7 percent year-over-year increase. Overall inventory levels are now more than 30 percent higher than this time last year.
With inventory rising, average days on market have increased to approximately 59 days, easing the pressure that defined much of last year’s market.
Home Prices Remain Stable
Despite softer month-over-month pricing, values remain resilient on an annual basis. The average residential sale price in the Greater Edmonton Area is $449,000, down slightly from December but 2.5 percent higher than January 2025. The MLS® Home Price Index benchmark currently sits at $415,000, reflecting minimal movement and continued market stability.
By Property Type
Detached homes averaged $556,752, with sales activity slowing as inventory expanded.
Semi-detached properties saw modest price growth and relatively stable demand.
Row and townhomes experienced slight price declines alongside reduced sales.
Apartment condominiums stood out, posting strong month-over-month and year-over-year price gains as affordability continues to drive demand.
What This Means for Buyers and Sellers
For buyers, early 2026 presents an opportunity. Increased inventory means more options, less competition, and improved negotiating conditions before the traditional spring market heats up.
For sellers, success depends less on market momentum and more on strategy. Proper pricing, presentation, and timing are essential in an environment where buyers have a choice.
Understanding these market dynamics is critical when planning a move in 2026. A well-informed approach will continue to make the difference between simply listing and successfully selling.
