The Edmonton real estate market continues to show signs of a typical seasonal slowdown, with both sales and new listings easing as we move further into November. However, price trends suggest that market stability remains strong despite the dip in overall activity.
During the week of November 5–11, there were 369 total unit sales, representing a 16% decrease compared to the previous week. While fewer buyers are active right now, this kind of moderation is normal for late fall as many homeowners and buyers shift their focus toward the upcoming holiday season.
At the same time, the number of new listings fell to 566, down 23% week-over-week. This decline in inventory helps maintain balance between supply and demand, reducing the risk of significant price drops even as sales volume softens. For sellers, fewer listings on the market mean less competition—making it an opportune time to stand out with strong pricing and presentation.
Price trends told an interesting story this week. The average sale price rose to $459,000, a 3% increase from the previous week, indicating that higher-value properties are still trading hands. In contrast, the median price slipped slightly to $425,000, a 2% decrease, suggesting that while some premium sales are influencing the average, there remains healthy activity in the mid-market range.
Overall, Edmonton’s housing market remains balanced and resilient. The drop in activity aligns with seasonal expectations, but steady prices highlight continued buyer confidence and underlying market strength. As we approach winter, buyers are becoming more selective and deliberate, while sellers who price competitively and showcase their homes effectively are still achieving strong results.
Whether you’re planning to buy or sell before year-end or preparing for the spring market, now is a great time to consult with a local real estate professional to understand how current conditions may impact your strategy.
Statistics sourced from the REALTORS® Association of Alberta.
