March Housing Activity Signalling A Changing Edmonton Market!

Edmonton, AB – April 2, 2026 — The Greater Edmonton Area (GEA) real estate market reported 2,133 sales in March 2026, increasing 33.1% in comparison to activity in February 2026 and decreasing 14.0% compared to March 2025. There were 3,809 new listings — a month-over-month increase of 30.6% and a year-over-year increase of 4.2%. Inventory levels rose 13.8% from the previous month and are 31.6% higher than March 2025.

Average selling price across all residential property types increased by 3.4% from the previous month to $470,819, a price 2.2% higher than March 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $426,000, increasing 1.5% from February 2026 and decreasing 2.9% year-over year.

Detached home prices averaged $590,162, increasing 3.3% from February 2026 and 2.5% from March 2025. Detached sales increased 38.9% from the previous month but fell 13.6% short of sales in March of last year. New detached listings increased 28.4% month-over-month and 2.5% year-over-year.

Semi-detached new listings increased 35.6% from the previous month and 18.3% year-overyear. Sales increased by 24.2% from February but were 3.4% lower than March 2025. Average prices fell 1.2% from February to $436,997, a number 1.6% higher than the previous year.

Row/townhomes prices decreased 0.2% from last month and 2.2% from March 2025, averaging $307,666. New listings were up 19.7% from February and 12.1% from March 2025. Sales for row/townhouse properties increased by 24.0% month-over-month but were 19.6% lower yearover- year.

Apartment condominiums sales also increased in March, selling 29.2% more units than the previous month but 17.3% fewer than the previous year. New listings increased 18.9% month-overmonth and fell 2.1% year-over-year. Condominium prices averaged $212,054 at the end of March 2026—staying at par with February and decreasing 2.8% compared to March 2025.

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