Edmonton Real Estate On The Move!

Edmonton, AB – March 2, 2026 — The Greater Edmonton Area (GEA) real estate market reported 1,606 sales in February 2026, which marks an increase of 39.7% compared to activity in January and a decrease of 11.5% from February 2025. There were 3,020 new listings — a month-over-month increase of 23.6% and a year-over-year increase of 15.4%. Inventory levels rose 11.4% from the previous month and are 34.6% higher than February 2025.

Average selling price across all residential property types increased by 1.4% from the previous month to $454,801, which is 1.5% higher than February 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $419,600, increasing 0.9% from January 2026 and decreasing 2.1% year-over-year. 

Data by Property Type

Detached home prices averaged $571,372, increasing 2.7% from January 2026 and 1.1% from February 2025. Detached sales increased 35.8% from the previous month but fell 12.4% short of sales in February of last year. New detached listings increased 20.7% month-over-month and 13.2% year-over-year.

Semi-detached new listings increased 8.1% from the previous month and 29.0% year-over-year. Sales increased by 43.4% from January but were 1.9% lower than February 2025. Average prices rose 4.5% from January to $441,958, a number 4.8% higher than the previous year.

Row/townhomes prices increased 3.8% from last month and 2.3% from February of the previous year, averaging $307,526. New listings were up 25.7% from January and 11.5% from February 2025. Sales for row/townhouse properties increased by 47.9% month-over-month but were 15.0% lower year-over-year.

Apartment condominiums sales also increased in February, selling 42.8% more units than the previous month but 11.9% fewer than the previous year. New listings increased 22.7% month-over-month and 19.7% year-over-year.Condominium prices averaged $212,133 at the end of February 2026— decreasing 6.0% from January and 1.4% compared to February 2025.

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