Edmonton, AB – April 1, 2026 — The Greater Edmonton Area (GEA) real estate market reported 2,133 sales in March 2026, increasing 33.1% in comparison to activity in February 2026 and decreasing 14.0% compared to March 2025. There were 3,809 new listings — a month-over-month increase of 30.6% and a year-over-year increase of 4.2%. Inventory levels rose 13.8% from the previous month and are 31.6% higher than March 2025.
Average selling price across all residential property types increased by 3.4% from the previous month to $470,819, a price 2.2% higher than March 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $426,000, increasing 1.5% from February 2026 and decreasing 2.9% year-over-year.
“It’s no surprise that month-to-month trends are showing an increase in activity, but certain key stats are giving us an indication of the kind of market we’re going to see this year. Compared to last year, there’s more available inventory and fewer sales; sellers looking for a quick sale may have to price strategically to get their property to stand out.” –Darlene Reid, 2026 Board Chair, REALTORS® Association of Edmonton
Detached home prices averaged $590,162, increasing 3.3% from February 2026 and 2.5% from March 2025. Detached sales increased 38.9% from the previous month but fell 13.6% short of sales in March of last year. New detached listings increased 28.4% month-over-month and 2.5% year-over-year.
Semi-detached new listings increased 35.6% from the previous month and 18.3% year-over-year. Sales increased by 24.2% from February but were 3.4% lower than March 2025. Average prices fell 1.2% from February to $436,997, a number 1.6% higher than the previous year.
Row/townhomes prices decreased 0.2% from last month and 2.2% from March 2025, averaging $307,666. New listings were up 19.7% from February and 12.1% from March 2025. Sales for row/townhouse properties increased by 24.0% month-over-month but were 19.6% lower year-over-year.
Apartment condominiums sales also increased in March, selling 29.2% more units than the previous month but 17.3% fewer than the previous year. New listings increased 18.9% month-over-month and fell 2.1% year-over-year. Condominium prices averaged $212,054 at the end of March 2026—staying at par with February and decreasing 2.8% compared to March 2025.
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