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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.

Get Your Edmonton Home Evaluation

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How to Keep Your Edmonton Home Show-Ready (Even If You’re Not Selling)

Keeping Your Edmonton Home Show-Ready Year-Round

There is a difference between a home that is lived in and one that feels intentionally maintained.

In the Edmonton real estate market, homes that feel bright, clean, and organized consistently make a stronger impression — whether they are listed for sale or simply enjoyed by their owners.

Preparing your home to feel “show-ready” is not just about selling. It is about protecting your investment and maintaining long-term value in Edmonton and Sherwood Park.

Here are 15 practical ways to keep your home in a strong position.

15 Show-Ready Home Tips for Edmonton Homeowners

1. Schedule a professional deep clean

A professionally cleaned home feels fresh and well cared for.

2. Consider a pre-listing home inspection

Even if you’re not selling now, understanding your home’s condition brings clarity.

3. Address major repairs early

Proactive maintenance protects equity.

4. Complete minor repairs

Loose hardware, cracked trim, and small details matter.

5. Eliminate odours

Ask a neutral third party for honest feedback.

6. Declutter closets, basements, and garages

Clear spaces feel larger and more inviting.

7. Refresh worn areas with neutral paint

Modern tones appeal to a broad range of Edmonton buyers.

8. Improve lighting

Natural light is one of the most requested features in Alberta homes.

9. Update simple bathroom features

Small changes can make spaces feel newer.

10. Remove heavy drapery

Light creates openness.

11. Power wash exterior surfaces

Decks and walkways benefit from seasonal maintenance.

12. Upgrade landscaping

Curb appeal matters in every Edmonton neighbourhood.

13. Remove outdated outdoor items

Keep exterior spaces clean and intentional.

14. Finish incomplete projects

Buyers notice unfinished work quickly.

15. Stage rooms with purpose

Each space should feel defined and functional.

Why Show-Ready Homes Matter in Edmonton Real Estate

In today’s Edmonton and Sherwood Park housing market, buyers often compare properties online before booking a showing.

Homes that feel maintained and thoughtfully prepared tend to:

• Photograph better
• Generate more buyer interest
• Experience smoother transitions
• Protect long-term property value

If you’ve ever wondered how your home fits into today’s Edmonton real estate market, having current information can bring clarity.

There is no urgency. Just information.

See What Your Home Might Be Worth in Today’s Edmonton Market

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January 2026 Edmonton Real Estate Market Update: A Shift Toward Balance

The Greater Edmonton Area real estate market entered 2026 with a noticeable change in momentum. January brought a sharp increase in new listings, rising inventory levels, and a slowdown in overall sales activity, signalling a more competitive and balanced market environment.

A total of 2,518 new listings came to market in January, up more than 84 percent from December and nearly 5 percent year over year. Inventory levels are now over 30 percent higher than this time last year, giving buyers significantly more choice than they experienced throughout much of 2025.

Sales activity softened, with 1,151 properties sold across the region. While this is typical for January, the decline reinforces that buyers are taking a more measured approach. Homes are also spending more time on the market, averaging approximately 59 days, compared to faster conditions seen last spring.

From a pricing perspective, the market remains stable overall. The average residential sale price in the Greater Edmonton Area was $448,761, down slightly month over month but still up 2.5 percent compared to January 2025. The MLS Home Price Index composite benchmark price is $415,000, showing minimal movement and indicating a market that is adjusting rather than correcting.

Different property types are experiencing this shift in unique ways. Detached home prices eased slightly; townhomes saw modest declines, while apartment condominiums recorded notable month-over-month price growth. These variations highlight the importance of property-specific and neighbourhood-specific strategies.

As we move toward spring, this early inventory surge suggests buyers may have more negotiating power than they did last year. Sellers, meanwhile, will benefit from strategic pricing, strong presentation, and a clear understanding of current demand.

If you are planning to buy or sell in Edmonton or Sherwood Park in 2026, having clarity on today’s conditions can make a meaningful difference in your results.

For personalized guidance based on your property type and location, reach out anytime for a conversation.

Craig Finnman
REALTOR® 
📱 (780) 982-1589
📧 craig@craigfinnman.ca

Oh, and by the way... I'm never too busy for your referrals!

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Bank of Canada Holds Rates at 2.25%: What This Means for Home Sellers in 2026

The Bank of Canada has announced it will maintain the policy interest rate at 2.25%, choosing stability over reaction as inflation continues to trend toward its 2% target.

For homeowners considering selling, this decision matters more than most headlines suggest.

Stability Creates Buyer Confidence

When rates hold, uncertainty drops. Buyers can qualify with more confidence, lenders can underwrite with consistency, and fewer deals fall apart due to last-minute financing changes. That stability directly benefits sellers by keeping serious buyers active and committed.

Unlike periods of rapid rate movement, today’s environment allows buyers to plan—and when buyers can plan, they act.

Demand Remains Supported

While economic growth is projected to be modest, employment has improved and consumer spending has held up. At the same time, housing supply remains constrained in many Canadian markets. That imbalance continues to support demand, particularly for well-priced and well-presented homes.

For sellers, this means:

  • Fewer speculative buyers

  • More qualified, intentional purchasers

  • Stronger negotiating positions when pricing is right

Pricing Strategy Matters More Than Ever

A stable rate environment doesn’t mean sellers can overreach. Today’s buyers are informed, cautious, and selective. Homes that are priced accurately for current market conditions continue to sell efficiently. Those that chase yesterday’s peak pricing often sit and invite unnecessary negotiation.

The advantage right now belongs to sellers who:

  • Price based on current data, not past markets

  • Prepare their home properly before listing

  • Understand buyer psychology in a rate-stable environment

Timing Over Guesswork

Many sellers wait for “the next rate cut” or try to time the market perfectly. In reality, strong outcomes come from preparation and execution—not prediction.

With rates holding, inflation easing, and demand still present, sellers have clarity. And clarity is valuable.

Bottom Line

The Bank of Canada’s decision to hold rates at 2.25% creates a more predictable environment for real estate transactions. For sellers, that predictability supports buyer confidence, keeps demand engaged, and rewards disciplined strategy.

If you’re considering selling, this isn’t a market to watch from the sidelines. It’s a market to enter with a clear plan, strong positioning, and experienced guidance.

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New property listed in Zone 35, Edmonton

I have listed a new property at 14911 29 Street in Edmonton. See details here

Welcome to this bright 2-storey detached single-family home in Kirkness with 3 bedrooms and 2 bathrooms, starting with a generous front porch and an exterior ramp leading to the backyard and garage for easy step-free access. Inside, enjoy a large sunlit living room and an updated 2-piece bath on the main floor. The updated kitchen offers tons of storage, two-toned cabinets, a mobile island, tiled backsplash, light finishes, and stainless steel appliances, making routines and entertaining easy. Carpet leads upstairs to 3 bedrooms and a 3-piece bath featuring a glass and tile shower. The primary bedroom includes his and hers closets, while the two additional bedrooms also offer large closets. The unfinished basement is ready for your future plans, whether you want more living space, a gym, or storage. Outside, the large backyard is landscaped with trees and offers plenty of room to host, garden, or customize. Added value includes 3 installed security cameras plus 1 camera included, not installed.

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New property listed in Zone 30, Edmonton

I have listed a new property at 2314 29A Avenue in Edmonton. See details here

Welcome to Silver Berry, where this charming 2-storey half duplex delivers comfort, light, and practicality, plus a double detached garage. Step onto the large front porch and into a bright living room filled with windows and anchored by a cozy corner fireplace. Light permeates both levels, creating an inviting atmospher. The open flow continues to the kitchen, featuring light cabinetry, ceramic tile, and a smart mix of black and stainless steel appliances, with the dining area set up for everyday living and hosting. A convenient 2-piece bath sits just off the dining room near the back door, ideal for guests. Upstairs, you will find three generous carpeted bedrooms and a full 4-piece bathroom, including a primary suite with a walk-in closet for easy organization. Out back, enjoy a raised deck, room to entertain, and a clear path leading to the garage, so parking and storage are simple. At 1,128.93 sq ft with 3 bedrooms and 2 bathrooms, this home checks the boxes. Come see it and make it your next address.

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New property listed in Zone 16, Edmonton

I have listed a new property at 2031 SADDLEBACK Road in Edmonton. See details here

Welcome to Skyrattler, where comfort meets convenience in this well maintained, Corner unit ground level carriage style bungalow. Step into a welcoming entry finished with ceramic tile and durable laminate flooring, then enjoy a bright open concept layout. A large living room flows into the dining area and connects seamlessly to the kitchen, complete with a spacious pantry for everyday cooking or easy entertaining. Big windows bring in natural light, giving the home an airy feel. This smart floor plan features 2 bedrooms plus Den. The sizeable primary bedroom features a walk-in closet. A laundry closet adds practicality. Relax on the covered patio and appreciate being close to visitor parking. Near shopping, parks, schools, and public transit/ LRT, Crawl Space for storage.

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What’s Your Home Worth? Here’s Why a CMA Gives You the Best Answer

If you’re a homeowner, you’ve probably wondered at some point, “What is my home worth right now?”

It’s a great question, and it’s one I hear all the time. Whether you’re planning to sell soon, considering a move down the road, thinking about renovations, or you’re just curious, understanding your home’s value helps you make smarter decisions.

That’s where a Comparative Market Analysis, also known as a CMA, comes in.

What Is a Comparative Market Analysis (CMA)?

A Comparative Market Analysis (CMA) is a report created by a real estate professional that estimates a home’s current value by comparing it to similar properties in the same area.

Instead of guessing, relying on online estimates, or going off what a neighbor says their home sold for, a CMA uses real data from your local market to give you a much more accurate picture of where your home stands today.

It’s a helpful tool for:

  • Buyers

  • Sellers

  • Homeowners who aren’t selling but want clarity

Why a CMA Matters for Buyers

If you’re buying a home, a CMA can help you make informed decisions before you submit an offer.

A CMA helps buyers by:

  • Helping you make an informed offer

  • Offering guidance on price

  • Providing market clarity

In competitive markets, having a clear understanding of value can mean the difference between overpaying or losing out, or making a confident offer you feel good about.

Why a CMA Matters for Sellers

For sellers, a CMA is one of the most important first steps before listing a home.

A proper CMA:

  • Determines what your home is likely to sell for

  • Ensures your home is competitively priced

  • Provides negotiation leverage

Pricing is everything. If a home is priced too high, it may sit longer and require price reductions. If it’s priced too low, you risk leaving money on the table. A CMA helps set a strategy based on the realities of the market, not assumptions.

Why a CMA Matters for Homeowners Who Aren’t Selling

A CMA isn’t only for people getting ready to list.

Even if you’re staying put, a CMA can still be valuable because it:

  • Provides a baseline for a future decision to stay or sell

  • Tracks home equity and value

  • Helps plan for renovations and improvements

Knowing how your home compares to others nearby can help you decide whether upgrades are worthwhile and how your equity has grown over time.

What Information Is Included in a CMA?

A detailed CMA will include a mix of property details and real market data. Most reports include:

1) Property Data

This includes the key facts about your home, such as:

  • Size

  • Number of rooms

  • Age

  • Condition

  • Unique features

2) Comparable Sales (Comps)

Typically, a CMA includes 3 to 5 homes sold recently that are similar to yours. These sales are one of the strongest indicators of value because they show what buyers were actually willing to pay.

3) Current Listings

This section shows similar homes that are currently for sale. It helps show your competition if you are listing, or what options exist if you are buying.

4) Pending Sales

Pending homes are properties that are under contract but not sold yet. These can offer clues about where the market is moving, especially if conditions are changing quickly.

5) Market Analysis

This may include additional insights like:

  • Days on market

  • Local pricing trends

  • Activity levels in your neighborhood

6) Adjustments

Not all homes are identical. Adjustments account for differences such as:

  • Garage vs no garage

  • Renovated vs original condition

  • Lot size

  • Finished basement

  • Extra bathrooms

  • Pools, decks, landscaping, and more

7) Valuation Range

A CMA typically provides a suggested price range rather than one exact number. That range helps you understand how your home fits into current buyer demand.

Online Home Value Tools vs a CMA

Online estimates can be helpful for a quick look, but they often miss key details that influence value, such as:

  • Condition and upgrades

  • Layout and functionality

  • Lot location and exposure

  • Renovation quality

  • Street appeal and overall presentation

A CMA takes the local market and your specific home features into account, which is why it’s often the most useful and realistic option.

Want a Free, No-Obligation CMA?

If you’re interested in knowing what your home could sell for, or you simply want a clearer picture of today’s market, I’d be happy to run a free, no-obligation Comparative Market Analysis for you.

Just reach out and I’ll take care of the rest.

And by the way, I’m never too busy for any of your referrals.

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What the 2025 Market Tells Edmonton Single-Family Home Sellers About 2026

As Edmonton enters 2026, many single-family homeowners are taking a closer look at the real estate market before deciding whether to sell. The most recent data from the end of 2025 offers helpful insight into what sellers can expect.

December is traditionally a slower month for real estate activity, and 2025 followed that pattern. Despite the slowdown, detached homes continued to show strength. Single-family home prices finished the year more than 5 percent higher than in December 2024, even as sales volume and new listings declined.

This tells us the market has become more selective, not weaker. Buyers are still present, but they are careful and value-focused. Homes priced correctly and prepared properly continue to attract interest, while mispriced homes are often forced to adjust.

For Edmonton single-family homeowners, success in this market comes down to planning. Understanding your home’s current value, knowing how buyers are behaving, and choosing the right timing can significantly impact your results.

If selling your single-family home in Edmonton is something you’re considering in 2026, having a clear plan in place early allows you to move forward with confidence when the timing is right.

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The Power of a Handwritten Note in a Digital World

In today’s fast-paced world, most of our communication happens through screens. Emails, text messages, and social media make it easy to stay in touch, but they’ve also made meaningful connections feel increasingly rare. That’s why a handwritten note stands out more than ever.

A handwritten note isn’t about perfect wording or beautiful penmanship. It’s about intention. It shows that you paused, thought about someone, and took the time to personally acknowledge them. That small act can have a lasting impact.

Unlike digital messages that are quickly read and forgotten, handwritten notes are often kept. They’re placed on desks, tucked into drawers, or pinned to bulletin boards as reminders of appreciation, encouragement, or shared memories. The sentiment lingers far longer than the message itself.

There are many reasons to send a handwritten note. It might be to express gratitude, acknowledge an important milestone, celebrate an achievement, offer encouragement, or simply let someone know you’re thinking of them. The reason doesn’t need to be big — often, the most meaningful notes are sent “just because.”

Handwritten notes also help strengthen relationships. Whether personal or professional, relationships grow when people feel seen and valued. A short, sincere message can deepen trust, reinforce connection, and create goodwill that carries forward over time.

If writing notes feels unfamiliar, start small. Keep cards and stamps somewhere visible and set a simple goal — even one note a week can make a difference. Over time, it becomes a habit, and you may be surprised how often that thoughtfulness is returned.

In a world that moves quickly, slowing down to connect on a personal level is powerful. A handwritten note is a simple reminder that a genuine connection will always matter.

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Bank of Canada HOLDS Rates

The Bank of Canada held the overnight rate at 2.25%, and this stability is creating a more confident real estate environment. For sellers, this means motivated buyers are returning — and they’re ready to make long-term decisions. With inventory still tight, well-prepared homes continue to stand out.

Thinking about selling in 2026? Let’s talk strategy and timing.
And remember, I’m never too busy for your referrals.

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New property listed in Zone 13, Edmonton

I have listed a new property at 9213 101A Avenue in Edmonton. See details here

Charming character home in Riverdale with a white picket fence, beautifully landscaped yard, and brick patio off the back deck surrounded by gardens. This renovated early 1900s two-bedroom, three-bathroom home blends historic charm with modern upgrades. The upgraded kitchen features butcher block countertops, double wall ovens, and ample cabinetry. The main floor offers a spacious living room and dining area accented by tile and hardwood, along with a convenient two-piece bath. Upstairs, enjoy hardwood floors throughout both bedrooms and a stunning clawfoot tub in the three-piece bath. The finished basement adds a large family room with vinyl plank flooring, a four-piece bathroom, laundry area, and extra storage under the stairs, perfect for modern living in one of Edmonton’s most sought-after communities.

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Data last updated on July 6, 2026 at 07:30 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.