Cooling Edmonton market still seeing some heat with semi-detached units.
Housing activity in the Greater Edmonton Area (GEA) real estate market during the month of September included 3,645 new listings added to the market and 2,192 units sold.
Compared to the previous month, these figures represent a 0.1% increase in new listings and a 7.8% decrease in sales.
Year-over-year, the change is 16.3% more listings added and 2.9% fewer sales. This difference has created a 25.6% increase in available inventory compared to a year ago.
Average selling price across all residential property types decreased by 1.8% month-over-month to $452,849, though it remains 2.8% higher than September 2024.
Detached home average prices decreased 2.8% from August 2025 to $554,084, and are 0.2% higher than the September 2024. The number of detached sales fell 7.7% from last month and rose 0.7% from last year. New detached home listings decreased 2.3% month-over-month, and rose 18.6% year-over-year.
Semi-detached property prices increased to $433,760 in September, rising 3.1% from August 2025 and 5.3% from September 2024. There were fewer sales reported, decreasing 5.9% month-over-month and 2.4% year-over-year. In September 2025, new semi-detached home listings decreased by 15.5% compared to August, but remained 5.4% higher than September 2024.
Row/townhome prices increased for a second month in a row, averaging $303,382, a 0.5% monthly increase and a 3.4% increase over the previous year. New listings were also 4.1% higher than August and 30.4% higher than September last year. This category did see a decrease in the number of units sold, falling 5.2% month-over-month and 10.5% compared to September 2024.
Apartment condominium sales also decreased in September, selling 11.9% fewer units than the previous month, and 8.7% fewer than the previous year. New listings slowed by 8.0% from August but remained 5.4% higher than September 2024. Condominium prices came down by 4.9% to an average of $207,363 in September, which is 3.8% higher than the same month in 2024.