Edmonton, AB – November 3, 2025 — In the month of October, the Greater Edmonton Area (GEA) real estate market reported 2,061 sales, a 5.7% decrease compared to activity in September and a 17.0% decrease compared to October 2024. In addition, 3,306 new properties were listed, marking a 4.7% decrease in new listings month-over-month and a 14.7% increase year-over-year. The shift in inventory levels is lower by 5.9% from the previous month but 30.7% higher compared to the previous year.
Average selling price across all residential property types increased by 0.3% month-over-month to $454,777 and compares 3.2% higher than October 2024. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $418,500, a 1.2% decrease from September 2025 and 3.7% higher than one year ago.
“October’s numbers suggest a natural seasonal slowdown. While month-over-month activity has slowed, sales and prices remain notably higher than this time last year, signalling a market that continues to show healthy demand and stability. After a period of tighter supply, the increase in available listings compared to last year is creating more balanced conditions for everyone in the market — more choice for buyers and steady opportunity for sellers.” –Darlene Reid, 2025 Board Chair, REALTORS® Association of Edmonton
Detached home average prices increased 0.9% from September 2025 to $559,585, a price 1.2% higher than October 2024. The number of sales in the detached category fell 4.8% from last month and 13.0% from last year. New detached listings fell 14.2% month-over-month, but are still 11.2% higher year-over-year.
Semi-detached new listings increased 19.5% from the previous month and increased 34.0% year-over-year, while sales slowed, decreasing by 8.8% compared to September 2025 and 20.1% compared to October 2024. Average prices fell 1.1% from September to $428,966—a price 5.3% higher than the previous year.
Row/townhomes prices decreased 2.1% in October, averaging $297,051. This price reflects a 3.5% decrease from the previous year. New listings were also 8.9% lower than September but remained higher than the previous year by 32.5%. Sales for row/townhouse properties decreased by 9.7% month-over-month and 24.3% compared to October 2024.
Apartment condominiums sales slowed from September, selling 3.0% fewer units than the previous month and 22.3% fewer than the previous year. New listings slowed by 7.2% from September but remained 4.3% higher than the previous year. Condominium prices averaged $202,733 at the end of the month, a 2.3% decrease from September and a 5.3% increase compared to October 2024.
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