The average selling price across all residential property types decreased 0.4% from June to $463,078, a price 5.2% higher year-over-year. The MLS® Home Price Index (HPI) composite benchmark price in theGEA was $427,800, reflecting a 2.7% decrease from June 2025 and a 5.2% increase from July 2024

“Another month of strong listing activity has bolstered Edmonton’s inventory levels, to the point where motivated sellers might be willing to lower their price to close the deal,and buyers’ options remain plentiful. I won’t speculate on whether the busy season is over just yet, as this month’s sellers often become next month’s buyers, and we’ll be watching to see if sales tick up again during the back-to-school months.” –Darlene Reid, 2025 Board Chair, REALTORS® Association of Edmonton

Detached homes average prices increased 0.7% month-over-month to $578,442, bucking the short-term trend compared to other property types, while the year-over-year change increased 4.8%. New detached listings were 3.0%...