The Edmonton and Sherwood Park real estate markets just experienced a significant shake-up. In May 2025, nearly 5,000 homes hit the market—a 28% jump from April and a 16% increase year-over-year. This spike in inventory has reshaped the dynamics between buyers and sellers.
For buyers, it means more selection and greater negotiation power. For sellers, it’s a signal to sharpen your strategy—because while competition is increasing, home values remain strong. Detached homes, for instance, are up 6% year-over-year, with the average sale price hovering around $580,000. Most properties are still selling within 30 days, showing that demand hasn’t slowed down.
If you're considering a move—whether buying, selling, or investing—now’s the time to get clear, strategic advice.
I’m Rob Coble with RE/MAX Elite. Let’s talk about what this market shift means for your next step.
Your Trusted Partner in Real Estate.
Contact me at 780-278-4100 for all your property needs.