Greater Edmonton Area (GEA) Real Estate Market – August 2025
Overall Market Activity
Total units sold: 2,382
↓ 16.7% from July 2025
↓ 7.8% from August 2024
New listings:
↓ 10.5% month-over-month
↑ 11.6% year-over-year
Inventory levels:
↑ 24.6% from August 2024
Average days on market:
↑ by 4 days compared to July 2025
Prices
Average selling price (all property types): $461,281
↓ 0.4% from July 2025
↑ 6.0% from August 2024
MLS® HPI composite benchmark price: $427,900
No change from July 2025
↑ 5.1% from August 2024
Market Commentary
Activity slowed in August, typical for late summer.
Buyers and sellers advised to adjust strategies:
Sellers: Price competitively and present homes well.
Buyers: Opportunity to negotiate with motivated sellers.
