Edmonton, AB – October 2, 2026 — The Greater Edmonton Area (GEA) real estate market reported 1,959 sales in September 2026, decreasing 8.8% compared to August activity and 10.3% compared to September 2025. There were 3,864 new listings — a month-over-month increase of 7.2% and a year-over-year increase of 11.3%. Inventory levels increased 0.1% from the previous month and are 16.7% higher than September 2025.
Average selling price across all residential property types decreased by 0.8% from the previous month to $466,080, a price 2.9% higher than September 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $423,100, decreasing 0.9% from August 2026 and decreasing 0.3% year-over-year.
“Sales activity has slowed with the arrival of the new school year, and although new listings are up, typical seasonal trends suggest sales will not rebound until after year end. Average price is still holding onto the gains it has made in 2026, but when considering year-over-year trends, price growth has slowed over the last few years. The rising inventory in our market could soften that growth even further.” –Darlene Reid, 2026 Board Chair, REALTORS® Association of Edmonton
Detached home prices averaged $569,820, decreasing 1.1% from August 2026 and increasing 2.9% from September 2025. New detached listings increased 4.5% month-over-month and 13.6% year-over-year. Detached sales decreased 6.2% from the previous month and 6.5% compared to sales in September of last year.
Semi-detached new listings increased 8.1% from the previous month and 25.4% from the previous year. Sales decreased by 15.5% compared to August 2026 and 10.9% compared to September 2025. The semi-detached average price was $412,974, a month-over-month decrease of 2.7% and 4.8% decrease year-over-year.
Row/townhomes prices decreased 2.9% from last month, and 4.5% from September 2025, averaging $289,640. New listings were up 5.3% from August and 12.5% from last year. Sales for row/townhouse properties decreased by 12.8% month-over-month and 20.1% year-over-year.
Apartment condominiums sales decreased 9.1% in September and sold 15.4% fewer units than in September of the previous year. New listings decreased 11.1% month-over-month and 5.3% year-over-year. Condo prices averaged $208,672— decreasing 3.1% from August but increasing 0.6% compared to September 2025.
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