Edmonton's real estate market sees June sales rise 7.5 per cent, inventory climbs
The Greater Edmonton Area recorded 2,746 sales in June, up from May but down 4.1 per cent year-over-year. Average home price fell to $483,600 as inventory grew 22.2 per cent.
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Edmonton's real estate market recorded 2,746 sales in June 2026, up 7.5 per cent from May, though sales were down 4.1 per cent compared to June 2025, according to a report from the Realtors Association of Edmonton.
New listings totalled 4,475, down 3.6 per cent month-over-month but up 10.1 per cent year-over-year. Overall inventory rose 2.9 per cent from May and sits 22.2 per cent higher than June 2025.
The average selling price across all residential property types fell 1.6 per cent from May to $483,600, which is 4.1 per cent higher than last year. The MLS Home Price Index composite benchmark price was $431,300, down 0.2 per cent from May and 2.1 per cent year-over-year.
"While average prices dropped from a peak of just over $490,000 in May, June appears to be a peak month for the number of sales — though not enough to keep up with growing inventory," said Darlene Reid, RAE board chair. "Condominiums in particular have seen weakening prices, as available inventory and competition have risen."
Apartment condominiums sold 5.5 per cent more units than in May, though they were down 15.4 per cent year-over-year. Prices for apartments and condos averaged $219,190, up 6.4 per cent from May. Semi-detached homes and row/townhomes also showed mixed results, with detached homes averaging $592,989.
