Edmonton Real Estate Market Update: January 2026
Prices, Inventory, and What It Means for Buyers & Sellers
As we move into February, the January 2026 Edmonton real estate statistics are now available—and the story this month is market stabilization.
After several years of rapid price growth, tight inventory, and aggressive competition, the Edmonton housing market is beginning to find more balanced footing. That doesn’t mean the market is weak—but it does mean conditions are becoming more predictable and data-driven, which is good news for both buyers and sellers.
Below, we break down what’s happening in the City of Edmonton, what’s changing compared to last year, and why neighbourhood-level data matters more than city-wide averages.
Edmonton Home Prices: January 2026 Snapshot
Across all residential property types, the average sale price in Edmonton for January 2026 came in at:
$418,000
Down 2.4% from December 2025
Down just 0.5% year-over-year
This tells us prices are not falling sharply—they are stabilizing. Compared to January 2025, when the average price was $421,000, the difference is minimal.
Average Prices by Property Type
Detached Homes
Average price: $542,000
Down 1.9% month-over-month
Down 2.2% year-over-year
Detached homes saw massive gains in prior years (including double-digit growth between 2024 and 2025). The current pullback reflects normalization, not decline.
Duplex / Semi-Detached Homes
Average price: $408,000
Down 3.5% from December
Down 3.7% year-over-year
Duplex prices are adjusting after strong gains in previous years, offering opportunities for move-up buyers and those seeking affordability with space.
Townhomes
Average price: $295,000
Up 0.5% month-over-month
Down 1.8% year-over-year
Townhomes remain one of the most accessible ownership options in Edmonton, particularly for first-time buyers.
Apartment-Style Condos
Average price: $215,000
Up 10.9% from December
Up 5.3% year-over-year
Condos were the standout performer in January. For first-time buyers who purchased with a 5% down payment last year, this price growth represents a significant return on equity in just one year.
Inventory Levels: Still a Seller’s Market—But Shifting
New Listings (January 2026):
1,799 new listings
Up 85.7% from December (a normal seasonal increase)
Up 4.8% year-over-year
December is traditionally a slow month, so this increase is expected and mirrors historical trends.
Total Active Inventory:
3,596 active listings
Approximately 4.5 months of inventory
A balanced market is typically around 6 months of inventory, meaning Edmonton is still technically a seller’s market, but much closer to balance than we’ve seen in recent years.
Why Neighbourhood-Level Data Matters More Than City Averages
While city-wide numbers show stabilization, not all neighbourhoods are behaving the same way.
In many high-demand Edmonton communities, we are still seeing:
Low inventory
Multiple-offer situations
Homes selling over list price
This is why relying solely on city-wide averages can be misleading. A buyer or seller in Riverbend, Terwillegar, Sherwood Park, or other high-demand areas may experience a very different market than the city average suggests.
Your neighbourhood data is far more important than overall Edmonton statistics.
Sales Activity: Fewer Transactions, More Balance
January 2026 Sales (City of Edmonton):
791 total sales
Down 13.4% from December
Down 33% year-over-year
In January 2025, there were 1,187 sales, following a year of aggressive buyer activity and rising prices. The decrease in sales volume this year reflects cooling demand and more cautious decision-making, not a lack of interest.
This is another indicator of a market moving toward balance.
Days on Market: Homes Are Taking Longer to Sell
Average Days on Market (DOM) increased across all property types:
Detached Homes: 55 days (vs. 50 last year)
Duplexes: 52 days (vs. 40 last year)
Townhomes: 71 days (vs. 37 last year)
Condos: 70 days (vs. 57 last year)
Overall Residential: 61 days (vs. 48 last year)
Longer days on market give buyers more breathing room—but pricing and presentation remain critical for sellers.
Interest Rates & Market Stability
The Bank of Canada held interest rates steady, reinforcing the theme we’re seeing locally: stability.
When interest rates remain unchanged, it typically signals:
Controlled inflation
A stable economic outlook
Predictable borrowing conditions
This environment supports thoughtful decision-making rather than rushed buying or panic selling.
Luxury Market Snapshot: Highest Sales in January
Even in a stabilizing market, high-end activity continues:
Highest-priced detached home: $2.698 million
Highest duplex: $590,000
Highest townhome: $490,000
Highest apartment condo: $968,000
Luxury activity remains selective but present, especially in premium locations.
Final Takeaway: A Healthier, More Predictable Market
The January 2026 Edmonton real estate market is not crashing—it’s normalizing.
We’re seeing:
Stabilizing prices
More inventory
Longer days on market
Fewer but more deliberate sales
For buyers, this means less pressure and more choice.
For sellers, success depends on pricing correctly and understanding your specific neighbourhood conditions.
Want Neighbourhood-Specific Market Data?
If you’re thinking about buying or selling, city-wide averages aren’t enough.
👉 Comment or contact us with the neighbourhood or community you’re interested in, and we’ll provide:
Current pricing
Inventory levels
Recent sales
Buyer demand trends
Real estate decisions should be made with local data, not headlines—and we’re here to help you do exactly that.
Prefer a video walkthrough of the numbers?
If you’d like to see the full January 2026 Edmonton real estate market breakdown explained step by step, including visual comparisons, real examples, and additional commentary, we’ve covered everything in our latest YouTube market update.
👉 Watch the full Edmonton Real Estate Market Update for January 2026 on YouTube
(Prices, inventory, days on market, and what it means for buyers and sellers)
