These Edmonton Houses Are Seeing a Jump in Price

The real estate market in Edmonton is seeing some changes with the arrival of fall. While sales activity has slowed compared to the summer, not all property types are following the same pattern. Recent numbers from the REALTORS® Association of Edmonton (RAE) show that some Edmonton houses are still climbing in value even as the overall market cools.

In September, the Greater Edmonton Area saw 3,645 new listings and 2,192 sales. That marks a 0.1 per cent month-over-month increase in listings but a 7.8 per cent drop in sales. Year-over-year, listings jumped by 16.3 per cent, while sales fell 2.9 per cent. The result is a market with more options available for buyers, as inventory has grown by more than 25 per cent compared to last year.

Market Activity and Price Trends

Within the City of Edmonton, sales dipped 5.3 per cent from a year ago, while new listings rose sharply by 19.2 per cent. This wider gap between supply and demand is helping balance the market, yet certain housing types are bucking the trend when it comes to pricing.

Row and townhouse properties are showing the biggest year-over-year jump. Their average price is now $296,000, up 4.5 per cent. This growth is notable because townhouses often serve as a middle ground for buyers priced out of detached homes but looking for more space than a condo offers.

Detached houses are seeing only a small price climb, up 0.3 per cent to about $540,000. Semi-detached homes also posted gains, while apartment-style condominiums are holding steady. One interesting change this fall is the time condos are spending on the market. The average dropped from 49 days to 47 days, showing buyers are acting more quickly.

Darlene Reid, 2025 Board chair for the RAE, said activity is calming as expected in the fall. However, she also noted that townhouse and semi-detached prices are still showing strength. Reid added that the Bank of Canada’s next move on interest rates could spark fresh demand if borrowing becomes more affordable.

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The Edmonton housing market is tempering for the fall. More listings and fewer sales suggest a slowdown, but certain property types, especially row and townhouses, are gaining momentum in price. For buyers and sellers, Edmonton houses remain a market to watch closely as we head into the final quarter of the year. Contact me today for more information about the current market conditions!

FAQ About Edmonton Houses This Fall

What type of Edmonton houses are increasing in price the most?

Row and townhouse properties are seeing the biggest price increase, up 4.5 per cent year-over-year to $296,000.

Are detached homes in Edmonton still rising in price?

Yes, but only slightly. Detached houses are up just 0.3 per cent year-over-year, averaging around $540,000.

How is the condo market performing in Edmonton?

Condo prices are steady, but units are selling a little faster. The average days on the market dropped from 49 to 47.