Edmonton Housing Market - August 2025
Edmonton’s housing market in August remains tilted toward sellers, yet the balance is shifting. While sellers still enjoy the upper hand in negotiations, a rise in available homes is starting to erode their advantage.
The city’s months of inventory, a measure of how long it would take to sell all current listings at the present sales pace, has climbed from 2.0 to 2.5 compared with a year ago, a 25% increase. This reflects a 22% rise in active listings alongside a 3% fall in purchase demand. More choice for buyers means sellers must work harder to achieve top prices.
Detached houses have proved resilient. The benchmark price sits at $517,900, unchanged for three months, while the median price is $534,249, also flat. Apartments have not fared as well. The benchmark price has fallen 7% over the past three months to $204,000, while the median has dropped 6% to $190,000, clear gains for buyers in that segment.
For now, the market’s headline still reads “seller’s market,” but the subtext is one of easing pressure. If inventory continues to climb and demand softens further, Edmonton could soon find itself in more balanced territory.