Edmonton Real Estate Market Update – June 2025

As we step into the heart of summer, the Edmonton real estate market continues to show dynamic shifts. June 2025 brings a balanced mix of growth in new listings, rising prices, and evolving buyer behaviours. While overall sales activity has softened slightly, key indicators show that Edmonton’s housing market remains healthy, competitive, and full of opportunity for both buyers and sellers.

In this detailed market update, we’ll explore the latest trends, dive into the core statistics, and offer actionable insights for anyone considering buying or selling in Edmonton right now.

Edmonton Market Snapshot – June 2025

Here’s a quick overview of the Edmonton market performance in June 2025:

• Sold Properties: 2,046 (⬇ 5.70% from June 2024)
• Year-to-Date Sales: 10,470 (⬇ 3.65% from YTD 2024)
• Average Asking Price: $498,000 (⬆ 7.56% YoY)
• Average Sale Price: $443,000 (⬆ 4.39% YoY)
• New Listings: 3,790 (⬆ 10.21% YoY)
• Average Days on Market: 42 days (⬇ 10.64% YoY)
• Average Ask-to-Sell Ratio: 99.2% (slightly down YoY)

   

Below Graphs Are Interactive.

Edmonton New MLS® Listings

New Listings: More Inventory Creates More Choices

The Edmonton market welcomed 3,790 new listings in June 2025, marking a 10.21% increase compared to June 2024. Year-to-date, 18,040 homes have been listed, which is a 12.04% increase from this time last year.

This increase in inventory benefits buyers who now have a broader selection of homes across different price ranges and neighbourhoods. It’s also a positive sign that sellers are confident in the market and are motivated to list their properties.

Implications for Buyers

• More selection, less pressure. With new listings increasing, buyers have more options and may find themselves in fewer multiple-offer situations.
• Room for negotiation. While Edmonton remains competitive, higher inventory levels give buyers some leverage in pricing discussions.

Implications for Sellers

• Strategic pricing is crucial. Sellers now face more competition. Proper pricing and strong marketing are essential to ensure a quick sale.
• Preparation pays off. Homes that are well-maintained, staged, and priced correctly will continue to sell quickly.

Average List Price Edmonton Real Estate Market

On the listing side, the average asking price increased to $498,000, a 7.56% year-over-year rise. Sellers remain confident in the value of their homes, and this pricing momentum reflects Edmonton’s solid market fundamentals.

Home Sales In The Edmonton Real Estate Market

Sales Activity: A Modest Decline in Volume

In June 2025, the Edmonton housing market recorded 2,046 sold properties, a 5.70% decrease compared to June 2024. This dip is part of a broader trend observed over the past few months where sales volumes are softening slightly. The year-to-date (YTD) total sits at 10,470 homes sold, which is 3.65% lower than the same point in 2024.

While the sales numbers have declined compared to last year, the slowdown is not necessarily a negative indicator. Several factors could be contributing to this adjustment:

• Buyer hesitation due to rising prices
• Seasonal trends where some buyers wait until later in summer
• Greater inventory leading to longer decision times

However, Edmonton continues to attract strong buyer interest, particularly from those relocating from more expensive provinces or seeking investment opportunities.

Edmonton Average Home Sale Price 

The average sale price in Edmonton climbed to $443,000 in June 2025, representing a 4.39% increase compared to June 2024. The year-to-date average sale price has also risen to $436,000, showing an 8.22% gain from the same period last year.

Why Are Prices Rising?

• Demand is still outpacing inventory in many neighbourhoods.
• Construction costs remain high, which impacts both new builds and the resale market.
• Migration to Edmonton continues as affordability compared to other major Canadian cities draws buyers to Alberta’s capital.

For buyers, this means that entering the market sooner rather than later could help secure more favourable pricing before further appreciation. For sellers, the current market remains a strong opportunity to achieve excellent value for their homes.

Ask-to-Sell Ratio: Homes Selling Close to List Price

The average ask-to-sell ratio in June 2025 was 99.2%, a slight decline from last year but still indicative of a competitive market where homes are selling very close to their asking prices.

For buyers, this means lowball offers are likely to be unsuccessful, especially in desirable areas. For sellers, the strong ratio shows that pricing your home right from the beginning will likely result in offers near your listed price.

Edmonton Real Estate Market -Average Days 

The average days on market dropped to 42 days in June 2025, which is 10.64% faster than June 2024. Year-to-date, the average sits at 50 days, down 17.53% from 2024.

This trend indicates that while buyers have more choices, the homes that are priced correctly and presented well are moving fast. Sellers are continuing to see positive momentum, with properties not lingering long if they are positioned attractively in the market.

Edmonton Real Estate Trends: Key Takeaways for June 2025

1. Sales Are Slightly Down, But the Market Remains Active

While total sales volume has decreased slightly compared to last year, the Edmonton market is still highly active, particularly for well-priced homes in popular neighbourhoods.

2. Prices Are Still Rising

Both asking prices and sale prices have shown consistent growth. Edmonton remains affordable compared to other major cities, but buyers should be prepared for continued price appreciation.

3. Inventory Is Expanding

With more new listings entering the market, buyers now have more choices. However, homes that are staged and priced appropriately are still moving quickly.

4. Homes Are Selling Faster

The drop in average days on market signals strong buyer interest. If a home is priced well, it is likely to attract offers quickly.

5. Sellers Still Hold an Advantage

With the ask-to-sell ratio hovering around 99.2%, sellers who price their homes properly can expect to receive offers close to asking price, but they should also be aware that competition is increasing as more listings hit the market.

Advice for Buyers

If you’re thinking about purchasing a home in Edmonton this summer, here’s what you need to know:

• Get pre-approved early. The market is moving quickly, and having financing in place can make you more competitive.
• Act fast on desirable homes. Properties in high-demand neighbourhoods or in excellent condition can still sell in a matter of days.
• Be realistic with offers. With homes selling close to asking price, consider making strong initial offers to increase your chances of success.

Advice for Sellers

If you’re planning to sell your home in Edmonton, now is still a favourable time to list:

• Price strategically. Overpricing can result in longer market times, especially as inventory increases.
• Invest in presentation. Staging, professional photography, and light cosmetic updates can significantly boost your home’s appeal.
• Be prepared to move quickly. Many homes are receiving offers within days of listing, so make sure you have a plan in place.

Edmonton Market Outlook for Summer 2025

Looking ahead, the Edmonton market is expected to remain stable with continued price growth and a steady pace of new listings. Based on the current trends, here’s what buyers and sellers can expect:

• More balanced conditions. With rising inventory, the market may shift slightly towards balance, providing more negotiating room for buyers.
• Seasonal activity. Summer is traditionally one of the busiest times of the year, and we can expect sales activity to stay strong in the coming months.
• Continued price strength. Economic growth, interprovincial migration, and Edmonton’s relative affordability will continue to support rising home prices.

Neighbourhood Spotlights

While city-wide trends give us a big-picture view, each Edmonton neighbourhood has its own micro-market. Here’s a quick snapshot of where the demand is strongest:

• West Edmonton: Continued growth driven by new developments and family-friendly amenities.
• Southwest Edmonton: Always in demand thanks to proximity to top schools and shopping centres.
• Downtown Core: Condos are seeing renewed interest as urban living remains attractive for young professionals and investors.
• Northeast Edmonton: Strong activity from first-time buyers seeking affordable single-family homes.

Key Edmonton Real Estate Statistics – June 2025

Metric	June 2025	June 2024	% Change
Sold Properties	2,046	2,170	-5.70%
Year-to-Date Sales	10,470	10,870	-3.65%
Average Asking Price	$498,000	$463,000	+7.56%
Average Sale Price	$443,000	$424,000	+4.39%
New Listings	3,790	3,440	+10.21%
Days on Market	42 Days	47 Days	-10.64%
Average Ask-to-Sell Ratio	99.2%	99.4%	-0.20%

Final Thoughts

The Edmonton real estate market remains strong and active heading into summer 2025. While sales volume has seen a minor year-over-year decline, home prices continue to rise, inventory is growing, and homes are selling faster. Buyers can benefit from increased options, but the need to act quickly remains critical. Sellers continue to enjoy favourable conditions, but strategic pricing and proper presentation are more important than ever.

Whether you’re buying, selling, or simply watching the market, staying informed is essential to making smart real estate decisions.

If you’re thinking about buying or selling in Edmonton, reach out to Christina Reid today at (780) 717-5267. I’m here to help you navigate Edmonton’s dynamic market with expert advice and personalized service.

Looking to buy or sell in Edmonton? CONTACT CHRIS REID

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