REALTORS® Association of Edmonton

Activity in the Greater Edmonton Area (GEA) real estate market mostly kept pace with June 2025, selling 2,860 units in July, a month-over-month decrease of 0.5%, but new listings outpaced sales as 4,387 properties were added to the REALTORS® Association of Edmonton’s (RAE) MLS® System, an increase of 7.8%. Year-over-year comparisons painted a clearer picture of the shift in the GEA market, with residential unit sales down 2.6% and new listings up 20.0% from July 2024. With sales lagging and new listings plentiful, inventory levels also trended up, with 7,083 properties available at the end of the month, up 4.7% from June and 21.8% higher than July last year.

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 the GEA 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

Data by Property Type

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.

Row/townhomes also added plenty of new listings, with 13.0% more properties listed month-over-month and 21.1% more year-over-year. Sales in this category showed the sharpest drop of all, slowing 4.3% compared to June and 6.6% compared to July 2024. Row/townhouse prices also fell in July, averaging at $296,785, a 4.1% monthly decrease and only increasing 1.6% over the previous year.

Apartment condominiums sales were strong, increasing 3.5% from June, though activity is still 4.8% lower than the previous year. Condominium prices fell 2.4% from the previous month, but continue to increase year-over-year at $209,711 — an average price 2.6% higher than July 2024. Newly listed apartment condos increased 3.2% from June and 13.9% from July 2024.

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