Edmonton, AB – September 2, 2026 — The Greater Edmonton Area (GEA) real estate market reported 2,143 sales in August 2026, decreasing 15.4% when compared to activity in July and 9.8% compared to August 2025. There were 3,769 new listings — a month-over-month decrease of 8.1% and a year-over-year increase of 3.3%. Inventory levels decreased 1.1% from the previous month and are 15.1% higher than August 2025.
Average selling price across all residential property types decreased by 1.1% from the previous month to $469,602, a price 1.8% higher than August 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $426,900, decreasing 0.6% from July 2026 and decreasing 0.6% year-over-year.
“A slow-down in activity has continued as autumn approaches, reflecting normal seasonal trends. There are also indicators that a shift in the wider market is taking place. Average prices are not showing significant changes from the previous year, indicating steadiness; meanwhile, inventory is continuing to accrue in our market. Supply is ample, but unless demand keeps up, we are likely to see downward pressure on prices beyond the usual seasonal patterns.” –Darlene Reid, 2026 Board Chair, REALTORS® Association of Edmonton
Detached home prices averaged $575,575, decreasing 1.6% from July 2026 and increasing 1.0% from August 2025. New detached listings decreased 9.0% month-over-month but increased 5.8% year-over-year. Detached sales decreased 15.7% from the previous month and 8.2% compared to sales in August of last year.
Semi-detached new listings decreased 23.7% from the previous month and 2.6% from the previous year. Sales decreased by 13.4% compared to July 2026 and 1.2% compared to August 2025. The semi-detached average price was $424,322, a decrease of 0.3% from July and a year-over-year increase of 0.8%.
Row/townhomes prices increased 1.9% from last month, but decreased 1.2% from August 2025, averaging $298,238. New listings were down 19.3% from July and up 7.2% from last year. Sales for row/townhouse properties decreased by 14.5% month-over-month and were 13.2% lower year-over-year.
Apartment condominiums sales decreased 16.3% in August and sold 18.7% fewer units than in August of the previous year. New listings decreased 4.3% month-over-month and 2.8% year-over-year. August condo prices averaged $215,422 — increasing 0.7% from July but decreasing 1.2% compared to August 2025.
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