Edmonton Condo Real Estate Market July 2025
The Edmonton condo market in July 2025 is revealing interesting shifts that both buyers and sellers should pay close attention to. While prices remain stable to slightly higher and new listings continue to rise, sales activity has slowed compared to last year. These mixed signals create a market that offers opportunities — but also requires strategic thinking.
This update will walk you through July’s sales statistics, pricing trends, listing activity, and what these numbers mean for anyone considering buying or selling a condo in Edmonton right now.
July 2025 Condo Market Highlights
According to the latest market data, here’s where things stand for Edmonton condos in July 2025:
- Sold Properties: 413 condos sold in July 2025, down 7.61% compared to July 2024.
- Year-to-Date Sales: 2,444 condos sold so far in 2025, down 5.31% from the same period last year.
- Average Asking Price: $239,000 – up 8.39% from July 2024.
- New Listings: 710 new condos listed in July 2025, a 9.91% increase over last year.
- Days on Market: 66 days on average – up 10.00% compared to July 2024.
- Average Sale Price: $203,000 – up 1.08% from July 2024.
- Average Ask-to-Sell Ratio: 0.966 – down slightly by 0.56% from last year.
Bar Graphs Below Are Interactive
Edmonton Condo New MLS® Listings
New Listings Surge Nearly 10%
In July 2025, there were 710 new condo listings, an increase of 9.91% compared to July 2024. Year-to-date, new listings are also up 5.07%.
This rise in inventory gives buyers more choice but also means sellers face more competition. With more units available, buyers can take their time to compare features, amenities, and pricing.
Average List Price Edmonton Condos
Asking Prices See a Significant Jump
Despite fewer sales, the average asking price for condos in Edmonton climbed to $239,000, an 8.39% year-over-year increase. This suggests that sellers remain confident and are setting their list prices higher than in 2024.
On a year-to-date basis, asking prices are also slightly higher, up 1.33% from last year. Sellers are clearly banking on the fact that condo values are holding and in some cases climbing, despite slower sales activity.
Edmonton Condo Sales
Sales Activity: Fewer Transactions in July
One of the most notable changes this month is the 7.61% drop in condo sales compared to July 2024. With 413 units sold, it’s clear that buyer activity has cooled somewhat. On a year-to-date basis, sales are also down by 5.31%, continuing the trend of slower transaction volumes we’ve seen through much of 2025.
Why This Matters:
- For buyers: Less competition can work to your advantage, giving you more negotiation power.
- For sellers: Fewer sales mean you’ll need to position your property effectively to stand out, using professional marketing and competitive pricing.
Edmonton Average Condo Sale Price
Average Sale Price: Stable Growth
The average sale price in July 2025 was $203,000, reflecting a 1.08% increase compared to July 2024. While the month-over-month growth is modest, the year-to-date average sale price tells a stronger story — at $210,000, condos are selling for 6.94% more than in 2024.
Takeaway:
Even with softer sales numbers, prices remain resilient. This is a strong indicator that Edmonton’s condo market is balanced, with enough demand to keep values steady.
Ask-to-Sell Ratio Slightly Lower
The ask-to-sell ratio — the percentage of the listing price that a property actually sells for — dipped slightly to 0.966, down from 0.971 last year.
This small change suggests that buyers are negotiating more, possibly due to the increase in inventory and slightly slower sales pace.
Average Days on Market
Days on Market: Condos Taking Longer to Sell
The average days on market for a condo in Edmonton increased to 66 days in July 2025, up 10% from last year. This signals that while condos are still selling, it’s taking longer for buyers to commit.
For sellers, this means patience is key — but so is strategy. Proper presentation, competitive pricing, and effective marketing will help your condo sell faster.
📊 Edmonton Condos YTD Market Comparison – 2025 vs 2024
| Metric | 2025 YTD | 2024 YTD | % Change |
|---|---|---|---|
| Sold Properties | 2,444 | 2,581 | -5.31% |
| Average Asking Price ($) | $237,000 | $234,000 | 1.28% |
| New Listings | 4,433 | 4,219 | 5.07% |
| Days on Market | 67 | 71 | -5.63% |
| Average Sale Price ($) | $210,000 | $196,000 | 7.14% |
| Ask-to-Sell Ratio | 0.968 | 0.969 | -0.07% |
Year-to-Date Trends
Looking at the bigger picture for 2025 so far:
- Sales are down 5.31% compared to last year.
- Average asking prices are up 1.33%.
- Average sale prices are up 6.94%.
- Inventory levels are higher, with new listings up 5.07%.
The combination of fewer sales, higher prices, and more listings points to a market that’s leaning slightly toward buyers — but not enough to push prices down significantly.
What This Means for Buyers
If you’re shopping for a condo in Edmonton right now, you’re in a good position to:
- Negotiate — The slight dip in the ask-to-sell ratio and slower sales give buyers leverage.
- Take your time — More listings mean you can compare more options without rushing.
- Find value — While prices are stable, opportunities exist, especially for motivated sellers.
What This Means for Sellers
Selling in today’s condo market requires:
- Strategic pricing — Price competitively to attract attention in a more crowded market.
- Professional marketing — High-quality photography, staging, and online exposure are key.
- Patience — Longer days on market mean you may need to wait a bit longer for the right offer.
Conclusion: A Balanced but Shifting Market
The Edmonton condo market in July 2025 is a mix of opportunity and caution. While sales volumes are down, prices remain firm, and inventory is growing. For buyers, this means more options and negotiating power. For sellers, it’s about standing out in a more competitive environment.
Whether you’re looking to buy or sell, working with a knowledgeable Edmonton REALTOR® will help you navigate these changes and get the best results.
📞 Call Chris Reid at (780) 717-5267 to discuss your condo goals today.
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.
Are you considering buying or selling or just interested in more information on the condo real estate market in Edmonton? CONTACT ME HERE
City of Edmonton Website
CENTURY 21 Leading
INFO & SERVICES
CENTURY 21 Leading
14315 118 Ave NW, Unit 130, Edmonton, AB T5L4S6
(780) 455-0777
INFO & SERVICES
Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2020 Century 21 Canada Limited Partnership © 2020 Century 21 Canada Limited Partnership
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association. Not intended to solicit properties currently listed for sale or buyers under contract.
Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage operation. This e-mail message contains confidential information intended only for the use of the individual or entity named above. Any unauthorized use or disclosure is strictly prohibited. If you have received this communication in error please immediately delete the e-mail and either notify the sender at the above e-mail address or by telephone.
© 2025 MoxiWorks
