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% higher than in June, and 19.7% higher than July 2024. Meanwhile, detached unit sales decreased 0.5% month-over-month and 0.8% year-over-year.

Semi-detached property prices fell 2.1% from June 2025, to $430,813, a price that is still 5.8% higher than July 2024. Sales also slowed for semi-detached homes, sitting 0.3% lower than the previous month and 2.9% lower than the previous year. July 2025 added 34.1% more new semidetached listings than the previous year and 0.7% more than the previous month.

Sourced from RAE