What is happening in the Edmonton market right now?
Edmonton’s May 2026 data shows new listings running 7% above the five year average while sales have softened 11%, pushing inventory up 13% and months of supply up 24%. The benchmark price is $425,200, essentially flat month over month but up 6.06% year over year. Edmonton continues to post the strongest annual price growth of any major Canadian market, with detached and attached both holding positive year over year while apartments face continued pressure.
1 Overall Market
Prices hold firmly positive year over year as Edmonton leads all major Canadian markets
May data shows modestly above-average listing activity alongside limited demand softening. New listings are 7% above the five year May average, while sales are down 11%. Inventory has increased 13%, pushing months of supply up 24%.
The benchmark price is $425,200, down just 0.05% month over month and up 6.06% year over year. Edmonton continues to show the most balanced conditions of any major Canadian market, with meaningful annual price growth sustained even as supply builds modestly.
$425,200
Benchmark price
+6.06%
Year over year
+13%
Inventory change
+24%
Months of supply
2 Detached Homes
Above-average listings meet softer demand, but annual prices hold firmly positive
Detached conditions show above-average listing activity alongside softening demand. New listings are 8% above the five year May average, while sales are down 8%. Detached remains the segment with the smallest demand decline in the Edmonton market.
The benchmark price is $513,000, up 0.84% month over month and 5.71% year over year. Strong annual price growth confirms detached as the most resilient segment in the Edmonton market and the strongest performing ground-oriented category of any major Canadian city.
$513,000
Benchmark price
+5.71%
Year over year
+8%
New listings vs avg
-8%
Sales change
3 Apartments
A 10% monthly price drop signals sustained pressure as demand weakens further
Apartment conditions show continued softness and the sharpest monthly price decline of any Edmonton segment. New listings are 12% below the five year May average, while sales have dropped 26%. Lower supply has again failed to offset weaker demand.
The benchmark price is $202,100, down 10.16% month over month and 3.83% year over year. The dramatic monthly decline likely reflects sales mix in a low-volume environment, but the sustained annual negative confirms that structural pressure in this segment has not resolved.
$202,100
Benchmark price
-3.83%
Year over year
-12%
New listings vs avg
-26%
Sales change
4 Attached Homes
A significant listing surge meets near-stable demand, keeping annual prices just positive
The attached segment continues to see the largest relative listing increase of any Edmonton segment. New listings are 26% above the five year May average, while sales are down just 4%. The supply-demand gap is narrowing from the demand side, but the listing surge is maintaining competitive conditions for sellers.
The benchmark price is $275,200, down 0.59% month over month but up 0.87% year over year. Annual pricing remains marginally positive, holding onto the gains from earlier in the cycle despite the elevated listing environment.
$275,200
Benchmark price
+0.87%
Year over year
+26%
New listings vs avg
-4%
Sales change
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View featured listing →Common Questions
Is Edmonton currently a buyer’s market or a seller’s market?
Edmonton is in relatively balanced conditions as of May 2026. Inventory is up 13% and months of supply has risen 24%, giving buyers modestly more leverage than a year ago. However, prices remain firmly positive year over year at 6.06%, making Edmonton the strongest performing major market in Canada by this measure right now.
What is the benchmark price in Edmonton right now?
The overall benchmark price in Edmonton is $425,200 as of May 2026, essentially flat month over month and up 6.06% year over year. Detached homes benchmark at $513,000, apartments at $202,100, and attached homes at $275,200.
Why is Edmonton outperforming Vancouver and Toronto so significantly?
Edmonton’s relative affordability, lower price-to-income ratios, and continued population inflow from interprovincial migration have kept demand more resilient than in higher-priced markets. While sales have softened here too, the demand decline is far shallower than in Vancouver or Toronto, which means supply accumulation is more contained and prices have not been forced lower.
Which Edmonton property type is under the most pressure right now?
Apartments are facing the sharpest conditions, with sales down 26%, the benchmark price down 3.83% year over year, and a 10.16% monthly decline that reflects thin transaction volumes and sales mix. Detached homes are holding the strongest position at 5.71% annual price growth with the smallest sales decline of any segment. Attached homes remain marginally positive year over year despite a significant listing surge.
Is now a good time to sell in Edmonton?
Edmonton is the strongest major market for sellers in Canada right now. Detached sellers in particular are operating with positive annual price growth and limited competition relative to other cities. Apartment sellers face more headwinds with prices declining year over year. Your free Bode Homeowner Dashboard tracks your property’s specific value and local comparable activity continuously so you can time your decision with accurate data.