Latest Housing Prices, Trends & Forecast
The Greater Edmonton Area real estate market remained steady in June, but some clear shifts are starting to take shape. Whether you’re thinking of buying or selling a home in Edmonton, understanding these numbers is critical to making the right move.
Below is your deep dive into the July 2025 Edmonton housing market update—including home prices, market trends, and my personal forecast for the summer months ahead.
Quick Market Snapshot (July 2025):
Average Edmonton Home Price: $464,955
Total Homes Sold: 2,877
New Listings: 4,215
Inventory: 6,768 homes on the market
MLS® Home Price Index: $439,700
The big takeaway? Prices are holding steady, but more homes are hitting the market—giving buyers more options than they’ve had in a long time.
Detailed Edmonton Housing Market Breakdown
1. Edmonton Home Prices Stay Strong
The average selling price across all property types in Edmonton was $464,955 in June 2025—virtually unchanged from May, but up 5.9% compared to June 2024.
The MLS® Home Price Index (HPI), which better tracks market trends across housing types, now sits at $439,700—up 7.7% from last year.
2. Inventory Is Growing—Buyers Have More Options
There were 6,768 homes for sale at the end of June—15% more than last year. While sales slowed slightly compared to May, they’re still up 1.2% year-over-year.
In simpler terms: We’re starting to see a more balanced market where buyers aren’t feeling as much pressure to compete aggressively.
3. Edmonton Real Estate Market by Property Type
Detached Homes:
Still leading the market:
Prices up 6.4% year-over-year
Sales up 2.6% from last year
New listings up 16.3% compared to June 2024
Detached homes remain highly desirable—but they are taking a little longer to sell.
Semi-Detached Homes (Duplexes):
This segment is stabilizing:
Prices up 4.1% year-over-year
Sales down 9.3% from last year
New listings up 26.5% from June 2024
Buyers have plenty of choice here, which is creating more balanced conditions.
Row/Townhomes:
Still seeing price gains:
Prices up 6.8% year-over-year
Sales down 13.7% from May but still up 2.5% from last year
Slight increase in days on market, giving buyers more breathing room.
Apartment Condos:
Stable but slower-moving:
Prices up 1.4% year-over-year
Sales up 2.9% over last year
Inventory remains high with plenty of choices for buyers.
Expert Forecast: Where Is Edmonton’s Housing Market Heading?
The Edmonton housing market is shifting toward balance. Detached homes are still driving strong sales, but with rising inventory and softer sales in some segments, we’re seeing conditions that benefit both buyers and sellers.
Expect more negotiation power for buyers this summer—especially in condos, townhomes, and duplexes. Sellers can still take advantage of high prices, but they’ll need to price strategically and prepare their homes well.
Thinking of Selling?
If you’re considering selling your home, now’s the time to take advantage of high prices before more listings flood the market later in the summer. Get a free Edmonton home value estimate here.
FAQs About Edmonton’s Real Estate Market (July 2025)
Is Edmonton’s housing market cooling off?
Not exactly—it’s stabilizing. Prices remain strong, but inventory is rising, which means fewer bidding wars and more negotiating room for buyers.
Are home prices expected to drop in Edmonton?
So far, prices remain steady or slightly increasing year-over-year. However, specific property types like duplexes and townhomes may experience slower price growth.
Is now a good time to buy a home in Edmonton?
It depends on your goals. Buyers now have more inventory to choose from and less competition, making this a good time to buy if you’re prepared and working with an experienced agent.
What’s driving the Edmonton housing market right now?
A combination of steady demand, rising inventory, and strong economic fundamentals—along with normal seasonal trends.
Final Thoughts
Whether you’re buying, selling, or simply watching the market, this is a time for strategic moves. Detached homes are still commanding attention, but growing inventory in other segments is shifting market dynamics.
If you’d like a custom market report for your specific neighborhood—or advice on whether to buy or sell right now—reach out anytime. I’m happy to provide personalized, data-driven guidance.
Ross Storoshenko
River Valley Realty
