Edmonton Real Estate Market Update – July 2025

The Greater Edmonton Area (GEA) real estate market remained active in July, though signs of a shift are beginning to emerge. Here's what you need to know:

📉 Sales Dip Slightly, Listings Surge

• 2,860 homes sold — down just 0.5% from June and 2.6% from last year.

• 4,387 new listings hit the market — 7.8% more than June and a 20.0% increase year-over-year.

• This brings total inventory to 7,083 properties, up 4.7% from last month and 21.8% from July 2024.

  
  

💰 Prices Holding Steady Year-Over-Year

• Average residential sale price: $463,078

  • Down 0.4% from June, but up 5.2% YoY

• MLS® HPI benchmark price: $427,800

  • Down 2.7% MoM, up 5.2% YoY

    
    

🏘️ Market Snapshot by Property Type

Detached Homes

• Price: $578,442 → +0.7% MoM, +4.8% YoY

• Sales: Slightly down, but holding steady

• Listings: Up nearly 20% YoY

Semi-Detached Homes

• Price: $430,813 → -2.1% MoM, +5.8% YoY

• Sales: Slight dip

• Listings: Up a significant 34.1% YoY

Row/Townhomes

• Price: $296,785 → -4.1% MoM, +1.6% YoY

• Sales: Down 4.3% MoM and 6.6% YoY

• Listings: Up 21.1% YoY

Apartment Condos

• Price: $209,711 → -2.4% MoM, +2.6% YoY

• Sales: Up 3.5% MoM, but still 4.8% below last year

• Listings: Continue to rise

What This Means for You

With inventory climbing and sales softening slightly, buyers have more choices and sellers may need to price competitively. As we head into the fall, we'll be watching closely to see if activity picks back up with the back-to-school season.

Thinking of buying or selling? Let’s talk about what these numbers mean for your specific situation.

-Breanne