The Edmonton housing market continued to show momentum this past week, with a notable uptick in both sales activity and new listings. As we move further into the fall season, market trends are highlighting steady buyer engagement and healthy levels of new inventory — a sign that confidence remains strong in the local real estate scene.
🔹 Sales Activity
A total of 498 homes sold across the Edmonton area between October 15–21, representing a 16% increase compared to the previous week. This marks one of the stronger weekly performances seen this fall and suggests that motivated buyers are taking advantage of opportunities before winter. Detached homes remain the most popular property type, but activity in townhomes and condos has also been rising as affordability and lifestyle preferences continue to drive decisions.
🔹 New Listings
There were 757 new listings added to the market this week — a 10% increase from the week prior. This boost in inventory provides more variety for buyers and helps balance the market after several weeks of tighter supply. For sellers, the growing number of active listings means pricing strategically and presenting homes in their best light are more important than ever.
🔹 Pricing Trends
The average home price across all property types in Edmonton came in at $444,000, a 3% decrease from last week. While the drop might seem significant, it’s important to note that weekly fluctuations often reflect changes in the mix of properties sold — for example, fewer luxury homes closing this week could bring the average down.
Conversely, the median price rose by 3%, reaching $434,000. This indicates that mid-range and move-up homes remain a key driver in the market. The increase in median value suggests that while luxury sales dipped slightly, overall buyer demand is still healthy in the more typical price brackets.
🔹 Market Outlook
With both sales and listings on the rise, Edmonton’s real estate market is showing stable, seasonal activity heading into late October. Buyers are acting decisively as new options appear, while sellers are benefiting from consistent demand and a still-favorable pricing environment.
If this pace continues, we could see a balanced close to the fall market before the typical seasonal slowdown in November and December.
All statistics are sourced from the REALTORS® Association of Alberta.
