Greater Edmonton Area Real Estate Market

January 2026 — One-Page Brief

Market Activity

• Sales: 1,151 residential sales

  • ↓ 12.5% month-over-month

  • ↓ 27.6% year-over-year

• New Listings: 2,518

  • ↑ 84.2% month-over-month

  • ↑ 4.7% year-over-year

• Inventory:

  • ↑ 8.5% from December 2025

  • ↑ 32.7% compared to January 2025

• Average Days on Market: 59

Pricing Overview

• Average Residential Price: $448,761

  • ↓ 1.4% month-over-month

  • ↑ 2.5% year-over-year

• MLS® HPI Composite Benchmark: $415,000

  • ↓ 0.1% month-over-month

  • ↓ 1.0% year-over-year

Market Conditions & Outlook

• Sharp increase in new listings signals a shift toward a more balanced and competitive market

• Sellers face increased competition as inventory builds early in 2026

• Buyers benefit from:

  • Greater selection

  • Reduced urgency

  • Improved negotiation leverage

• Market momentum is expected to increase heading into the spring season

Property Type Highlights

Detached Homes

• Average Price: $556,752

  • ↓ 1.7% month-over-month

  • ↓ 0.6% year-over-year

• Sales:

  • ↓ 16.3% month-over-month

  • ↓ 23.1% year-over-year

• New Listings:

  • ↑ 84.2% month-over-month

  • ↑ 5.1% year-over-year

Semi-Detached Homes

• Average Price: $422,964

  • ↑ 0.2% month-over-month

  • ↑ 0.7% year-over-year

• Sales:

  • ↑ 1.4% month-over-month

  • ↓ 27.5% year-over-year

• New Listings:

  • ↑ 83.9% month-over-month

  • ↑ 13.6% year-over-year

Key Takeaway

• January data reflects a slower start to the year with rising inventory, setting the stage for increased buyer opportunity and more competitive pricing as the market moves toward spring.