Real Estate Market Report | Edmonton | April 2025
Quiet Sales, But Prices Climb Steadily
With the looming threat of US tariffs on the horizon, homebuyers are looking to see what the final implications may be – the good news is that selling with Bōde mitigates that risk entirely by maximizing your equity, you’ll outperform traditional methods of buying and selling.
We help provide home buyers and sellers with the data they need to be successful. When you have access to accurate and relevant data, you can be more confident in setting the price of your home and selling it or buying at the right price.
With many important factors to consider (what kind of home you have, what community etc.), it’s important to look specifically at what the housing market is doing in your neighbourhood.
Bōde sellers are more successful and actually make more money, on average, than the rest of the market. We are also here to make sure you have the information you need to make the decisions that are right for YOU!
So what's happening in the Edmonton real estate market as of April 2025?
Let’s start with a Macroeconomics view
To understand what’s happening in the real estate market you have to look at supply and demand.
The best proxies for supply and demand are:
Supply
New supply: New Listings (i.e. the number of homes recently listed for sale)
Total supply: Inventory (i.e. the total number of homes listed for sale)
Demand
Sales (i.e. the number of homes recently sold)
Supply & Demand
Months of Supply (i.e. the number of months it would take to sell all current inventory at the current rate of sale)
These metrics are the best indicators of the health of the real estate market. Let’s look at what they show us.
Overall Edmonton Market
Edmonton’s overall market remains remarkably balanced. While sales are flat year-over-year, a 1% dip in new listings and a 14% drop in inventory has pushed months of supply down 17%. That tightening supply-demand gap is fueling price growth, with benchmark prices up 10.94% annually and 4.31% month-over-month, reaching $431,300. This is the fastest price appreciation Edmonton has seen in years—driven by stable demand, falling supply, and affordability relative to other major cities. The market may be moving at a calm pace, but price momentum is anything but slow.
Edmonton's Detached Homes
Detached homes in Edmonton are quietly outperforming. Despite a 4% dip in sales and a 1% decline in new listings, benchmark prices have surged 14.17% year-over-year to $501,400, with a healthy 3.70% month-over-month gain. The lack of fresh inventory is placing upward pressure on prices, even without a major uptick in transactions. Detached homes are increasingly seen as value buys in Alberta, especially for buyers priced out of Calgary or other provincial markets. Expect this segment to remain resilient through spring, particularly if mortgage rates stabilize.
Edmonton's Apartments
Edmonton’s apartment market is seeing the strongest year-over-year price gains across all property types. Despite a 15% drop in sales and a 21% cut in new listings, benchmark prices have soared 13.53% annually to $215,300, and ticked up 0.60% month-over-month. Limited supply is clearly lifting values, but affordability is also bringing in a new wave of buyers—from first-timers to downsizers and investors. With pricing still below Alberta’s major metro averages, apartments are emerging as Edmonton’s best-performing segment heading into Q2.
Edmonton's Attached Homes
This segment is Edmonton’s most active and accelerating. Sales and listings are both up sharply—+31% and +34%, respectively—pointing to a confident and competitive market. Benchmark prices have grown 7.53% year-over-year and 2.53% month-over-month, hitting $304,000. With strong activity and moderate price appreciation, this category is quickly becoming a sweet spot for both upsizing buyers and value-focused investors. Expect attached homes to remain one of the hottest segments in the city, especially as demand trickles down from the detached market.
It’s critical to understand the dynamics in your local property market
To understand your local property market you need to look at your local data. Head over to Bōde’s new and improved Market Data dashboard, the only place where you can see all the data yourself, including being able to filter on community, property type, and price range to see exactly what’s happening where you live.
You can also see the sold price of any home that has sold in the last 2 years using Bode’s Sold Data page.
If you’re thinking about selling, take a look at how Bōde helps sellers sell for 1.3% higher prices while paying 50% less commission.
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Welcome to Bōde
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