Monthly Market Report
LatestEdmonton Housing Market — February 2026
Greater Edmonton Area · Monthly Market Statistics / CREA MLS® System
Sales
1,606
-11.5% year-over-year
Average Price
$454,801
+1.5% year-over-year
New Listings
3,020
+15.7% year-over-year
Days on Market
45 days
+21.6% year-over-year
Sale/List Ratio
98%
-2.0% year-over-year
Median Price
$432,250
-0.6% year-over-year
Market Conditions
Market Condition
Balanced Market
3.4 months of supply
Active Inventory
5,460
Absorption Rate
53%
sales / new listings
Sale / List Ratio
98%
By Property Type
| Type | Avg Price | Median Price | Sales | New Listings | Price YoY | DOM |
|---|---|---|---|---|---|---|
| Detached | $571,372 | $517,500 | 887 | 1,677 | +1.1% | 43 |
| Semi-detached | $441,958 | $431,650 | 208 | 334 | +4.8% | 41 |
| Row/Townhouse | $307,526 | $318,400 | 244 | 426 | +2.3% | 45 |
| Apartment Condominium | $212,133 | $191,200 | 267 | 583 | -1.4% | 54 |
By Area
| Area | Weighted Avg | Total Sales | vs City Avg | Active Types |
|---|---|---|---|---|
| North Central | $373,107 | 201 | -18% | 4 / 4 |
| Anthony Henday Southwest | $491,016 | 177 | +8% | 4 / 4 |
| Southeast | $408,519 | 154 | -10% | 4 / 4 |
| Northwest | $478,155 | 129 | +5% | 4 / 4 |
| Southwest | $458,012 | 124 | +1% | 4 / 4 |
| West | $580,846 | 90 | +28% | 4 / 4 |
| Central | $253,928 | 84 | -44% | 4 / 4 |
| Northeast | $347,062 | 75 | -24% | 4 / 4 |
| Anthony Henday Southeast | $483,128 | 72 | +6% | 4 / 4 |
| City Average | $454,801 | 1106 | — | — |
Economic Indicators
BoC Policy Rate
2.25%
3% a year ago
5-Yr Mortgage (Posted)
6.09%
conventional rate
Edmonton Unemployment
7.4%
6.7% a year ago
Housing Starts (Edm)
982
2026-01 · monthly
Sources: Bank of Canada, Statistics Canada (Labour Force Survey, CMHC). Economic data reflects the latest available at time of report.
February 2026 Market Summary
The Greater Edmonton Area real estate market recorded 1,606 sales in February 2026, a year-over-year decrease of 11.5%. The average sale price across all residential property types was $454,801, up 1.5% compared to the same month last year. The median sale price was $432,250.
The market saw 3,020 new listings (+15.7% YoY), with homes spending an average of 45 days on market. With 5,460 active listings and 3.4 months of supply, the market is in balanced market territory.
Detached homes led activity with 887 sales at an average price of $571,372. Apartment condominiums averaged $212,133 with 267 sales. The most active area was North Central (201 sales), while West recorded the highest weighted average price at $580,846.
Source: Monthly MLS® System statistics · February 2026