The Greater Edmonton real estate market continued to demonstrate resilience through October, even as the seasonal slowdown began to take hold. Sales activity remained strong for this time of year but fell 17% compared to last October, reflecting both a cooling market and a gradual return to more balanced conditions.
Prices, however, continue to show upward momentum. The benchmark price for single-family homes reached $507,700—up 7% year-over-year. Apartment-style condominiums edged up 1% to $198,600, while townhouses rose 4.5% to $280,500. With just 3.23 months of supply, Edmonton remains firmly in seller’s market territory, a trend that has persisted for two and a half years.
Yet beneath these strong numbers, subtle shifts are emerging. New listings increased by 13%, providing buyers with more options. Inventory climbed 30% to 6,664 active listings—normal for October but a notable gain after 18 months of below-average supply levels.
For sellers, competitive pricing and strong marketing are becoming increasingly critical to stand out in a more crowded landscape. For buyers, the uptick in inventory offers a welcome change—more options and, in some segments, a little more time to make a decision.
City of Edmonton Stats
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