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Edmonton Real Estate Market Update – February 2026

Edmonton Real Estate Market Update – February 2026

The Greater Edmonton Area real estate market is showing clear signs of spring momentum.

In February 2026, total sales increased nearly 40 percent compared to January, signaling renewed activity as we move into the spring market.

However, new listings also rose more than 23 percent month over month, and overall inventory is more than 30 percent higher than February 2025.

This shift is important.

It means the market is active, but it is also becoming more competitive for sellers.

Current Edmonton Home Prices

The average residential sale price across all property types reached approximately $455,000 in February.

Detached homes averaged over $571,000, showing modest month-over-month growth.

Semi-detached homes also experienced price gains.

Apartment condominiums, however, adjusted downward to just over $212,000.

This adjustment may present opportunities for first-time buyers and investors looking for affordability and entry points.

What This Means for Sellers

This is not a peak frenzy market.

It is a positioning market.

With inventory rising, sellers who prepare early, price strategically, and market effectively will have the advantage.

Waiting until late spring when inventory potentially increases further could mean more competition.

Understanding your home’s value today allows you to control timing instead of reacting to the market.

What This Means for Buyers

Buyers now have more options compared to last year.

Increased inventory provides stronger negotiating conditions than we saw in tighter markets.

Strategic buying decisions are possible in this environment, especially when supported by accurate market data.

What This Means for Investors

Condo price adjustments may create value opportunities in certain segments.

When activity rises but select property types soften, disciplined investors often find favorable entry points.

Careful analysis of rental demand, long-term appreciation, and purchase price positioning will be critical in 2026.

Final Thoughts

The Edmonton real estate market is not extreme.

It is balanced and strategic.

Momentum is building, but preparation matters more than timing.

If you are considering buying, selling, or investing in 2026, the most important step is understanding your numbers.

Book a strategy call and let’s create a plan tailored to your goals.

For ongoing Edmonton market updates and real estate insights, follow along for weekly data-driven breakdowns.

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Data last updated on March 7, 2026 at 05:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.