Edmonton Housing Inventory On The Rise In May Of 2026!

Edmonton, AB – June 2, 2026 — The Greater Edmonton Area (GEA) real estate market reported 2,557 sales in May 2026, increasing 3.2% in comparison to activity in April 2026 and decreasing 13.4% compared to May 2025. There were 4,855 new listings — a month-over-month increase of 21.7% and a year-over-year increase of 2.7%. Inventory levels rose 13.4% from the previous month and are 23.9% higher than May 2025.

Average selling price across all residential property types increased by 2.7% from the previous month to $491,794, a price 6.3% higher than May 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $432,200, increasing 0.1% from April 2026 and decreasing 1.8% year-over-year.

Detached home prices averaged $604,744, increasing 2.6% from April 2026 and 4.8% from May 2025. Detached sales increased 6.4% from the previous month but decreased 8.1% compared to sales in May of last year. New detached listings increased 19.5% month-over-month and 2.9% year-over-year.

Semi-detached new listings increased 11.1% from the previous month and showed in increase of 22.8% year-over-year. Sales increased by 5.3% compared to April 2026 and 4.2% compared to May 2025. The semi-detached average price was $433,478, rising 2.3% from April but decreasing 1.5% from May 2025.

Row/townhomes prices decreased 1.2% from last month but increased 0.9% from May 2025, averaging $309,554. New listings were up 6.4% from April and 3.8% from May 2025. Sales for row/townhouse properties decreased by 10.8% month-over-month and were 34.7% lower year- over-year.

Apartment condominiums sales increased 2.2% in May, but sold 21.6% fewer units than the previous year. New listings increased 11.4% month-over-month and decreased 7.5% year- over-year. Condominium prices averaged $206,282 during May 2026—decreasing 8.7% from April and 3.7% compared to May 2025

All the information in this article has been provided by Realtors® Association of Edmonton.