Edmonton Real Estate Market Update – July 2025
As we move into the final stretch of summer, the Edmonton real estate market continues to evolve, presenting both challenges and opportunities for buyers and sellers. While the overall year-to-date numbers have remained relatively stable, July has brought key changes in listing activity, pricing trends, and time on market that signal important shifts in momentum.
Whether you're planning to buy, sell, or invest, understanding the data is essential. In this comprehensive real estate update, we break down the latest numbers for July 2025, analyze what they mean for the months ahead, and provide expert insights to help you navigate Edmonton’s dynamic real estate market.
📊 July 2025 Market Snapshot – Edmonton
Let’s take a look at the core statistics from the City of Edmonton:
| Metric | July 2025 | July 2024 | % Change |
| Sold Properties | 2,080 | 2,062 | +0.88% |
| YTD Sales | 12,600 | 12,690 | -0.69% |
| Average Asking Price | $485,000 | $470,600 | +3.09% |
| YTD Average Asking | $492,000 | $465,000 | +5.90% |
| Average Sale Price | $432,000 | $418,000 | +3.36% |
| YTD Average Sale Price | $434,000 | $406,000 | +6.89% |
| New Listings | 3,580 | 2,938 | +21.88% |
| YTD Listings | 21,200 | 18,300 | +16.28% |
| Days on Market | 48 Days | 44 Days | +9.09% |
| Ask-to-Sell Ratio | 98.3% | 98.9% | -0.59% |
Below Graphs Are Interactive.
Edmonton New MLS® Listings
New Listings: More Inventory Creates More Choices
📈 New Listings: Big Surge in Inventory
Perhaps the most notable change in July was the sharp increase in new listings. 3,580 new properties were added to the Edmonton market, a 21.88% increase compared to July 2024. Year-to-date, 21,200 homes have been listed, up 16.28% from last year.
What’s driving the inventory surge?
- High sale prices encouraging homeowners to cash out
- Investors rebalancing portfolios
- Confidence in the market encouraging more movement
This growth in inventory is great news for buyers, who now have more choices than they’ve had in several years.
Average List Price Edmonton Real Estate Market
💸 Average Asking Price: Sellers Stay Optimistic
The average asking price in July hit $485,000, reflecting a 3.09% year-over-year increase. Sellers are clearly confident in their home values, and rightly so—buyers are still active, especially in highly sought-after areas like West Edmonton, Windermere, and Glenora.
Strategic Note:
Sellers must still be careful not to overprice. While buyer interest remains strong, today's buyers are more informed and price-sensitive. Homes priced right the first time are selling faster and often receiving strong offers.
Home Sales In The Edmonton Real Estate Market
🏡 Sales Activity: Stable Yet Slowing
In July 2025, 2,080 homes were sold in Edmonton—a modest increase of 0.88% compared to the same month last year. While this seems like a small gain, it's important to note that year-to-date (YTD) sales have slightly declined by 0.69%, from 12,690 sales in 2024 to 12,600 in 2025.
What does this mean?
This consistency in sales volume suggests a levelling off in activity following several years of rapid growth. Many buyers are still in the market, but they’re taking a more cautious approach, especially as home prices and interest rates continue to rise. This slight slowdown could offer breathing room for buyers, while still delivering strong performance for sellers.
Edmonton Average Home Sale Price
💰 Average Sale Price: Continued Price Appreciation
Edmonton’s average sale price rose to $432,000 in July, up 3.36% year-over-year, while the YTD average sale price climbed to $434,000, a 6.89% increase from 2024.
Price appreciation has remained consistent through 2025, supported by:
- Low housing supply in key neighbourhoods
- Strong interprovincial migration
- A resilient Alberta economy
This continued growth offers reassurance to homeowners and investors that Edmonton real estate remains a strong long-term asset.
🧮 Ask-to-Sell Ratio: Slight Decrease
The average ask-to-sell ratio dropped to 98.3%, down from 98.9% last year. This suggests that buyers are negotiating slightly more, and sellers are accepting offers below list price more often than before.
Although the market is still healthy, it’s clear that buyers are pushing back—especially on listings priced above market expectations.
Edmonton Real Estate Market -Average Days
⏱️ Days on Market: Homes Taking Longer to Sell
The average days on market rose to 48 days, up 9.09% from last July’s 44 days. This marks a shift from previous months, where homes were selling faster than ever.
| Metric | 2025 YTD | 2024 YTD | % Change |
|---|---|---|---|
| Sold Properties | 12,600 | 12,700 | ↓ 0.69% |
| Average Asking Price | $492,000 | $465,000 | ↑ 5.90% |
| New Listings | 21,200 | 18,300 | ↑ 16.28% |
| Days on Market | 50 | 56 | ↓ 10.71% |
| Average Sale Price | $434,000 | $406,000 | ↑ 6.89% |
| Ask-to-Sell Ratio | 0.990 | 0.990 | → 0.03% |
What changed?
With more listings available, buyers can take their time evaluating options. While homes are still moving at a healthy pace, they are not flying off the shelves like they were during the peak of market frenzy.
🔍 Market Analysis: What’s the Story Behind the Numbers?
1. Buyers Are More Disciplined
While the demand remains strong, the surge in listings has given buyers more leverage. Offers are still competitive, but the urgency seen in 2023 and 2024 has faded slightly.
2. Sellers Have a Window of Opportunity
Price growth and market activity remain favourable, but with days on market increasing and ask-to-sell ratios dropping, this is the time to price smartly and act quickly.
3. Market May Be Entering Balance
The rapid rise in listings combined with moderate sales growth could indicate a shift toward a more balanced market, where neither buyers nor sellers have a distinct advantage.
👨👩👧 Advice for Buyers
If you're house hunting in Edmonton, the current environment presents a strategic opportunity:
- More selection than at any point this year
- Slight negotiation power returning in your favour
- Price growth remains steady, so buying sooner still makes sense
🔑 Tip: Get pre-approved and work with a REALTOR® who can act fast when the right property comes up.
🏡 Advice for Sellers
Thinking of listing your home? The market still offers excellent returns, but success depends on:
- Pricing competitively
- Professional staging & photography
- Fast response to offers and showing requests
With more listings on the market, it’s vital to stand out. A well-prepared listing can still generate quick and high-quality offers.
🧭 Looking Ahead to Fall 2025
Based on the July numbers and broader economic trends, here’s what we can expect going into the fall:
- Sales will remain steady as families finalize purchases before school starts
- Inventory may decline slightly heading into September, which is typical for the season
- Price growth may slow, but values will likely hold steady thanks to consistent demand
Interest rates will also play a role in shaping fall activity. If rates remain stable, expect continued movement in all segments, especially entry-level and mid-priced homes.
Final Thoughts
The July 2025 real estate market in Edmonton reflects a maturing, healthy housing environment. Buyers have more options. Sellers are still seeing strong prices. And while the frenzy of the past two years has calmed, the fundamentals remain strong.
Whether you’re buying your first home, upgrading, downsizing, or investing, now is the time to make a smart move—armed with the right data and expert support.
Data provided by the REALTORS® Association of Edmonton and subject to change. Always consult with a real estate professional for the most current market information.
Looking to buy or sell in Edmonton? CONTACT CHRIS REID
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