Edmonton Real Estate Market Update – October 2025
As we stepped into the heart of autumn, the Edmonton real estate market showed signs of resilience amid shifting dynamics. The October 2025 statistics reveal a market that continues to adjust to new economic realities, buyer behaviour, and inventory flow.
| Metric | October 2025 | October 2024 | % Change |
|---|---|---|---|
| Sold Properties | 1,470 | 1,754 | ↓ 16.22% |
| Average Asking Price | $489,000 | $472,000 | ↑ 3.58% |
| Average Sale Price | $430,000 | $421,500 | ↑ 2.01% |
| New Listings | 2,560 | 2,237 | ↑ 14.43% |
| Days on Market | 60 | 55 | ↑ 9.09% |
| Ask-to-Sell Ratio | 0.977 | 0.984 | ↓ 0.72% |
Below Graphs Are Interactive.
Edmonton New MLS® Listings
📋 New Listings: More Homes Hitting the Market
Inventory has been a key talking point all year, and October was no exception. The city recorded 2,560 new listings during the month — a 14.43% increase over October 2024.
More significantly, the YTD total for 2025 is 28,400 listings, which is a 12.14% increase from the 25,300 recorded in 2024. This surge in listings is giving buyers more choice and less urgency, which could explain the slight cooling in sales. However, it’s also giving sellers a reason to price competitively and prepare homes for showings to stand out in a growing pool of inventory.
Average List Price Edmonton Real Estate Market
🏷️ Average Asking Price: Sellers Holding Strong
The average asking price in October rose to $489,000, a 3.58% increase year-over-year. This suggests that sellers are still confident in Edmonton's value proposition and are not drastically cutting list prices despite fewer sales.
On a year-to-date basis, the average asking price for 2025 sits at $481,000, which is up 4.36% from $461,000 in 2024.
This price growth shows continued long-term appreciation and supports the notion that Edmonton remains one of Canada's most affordable and stable housing markets.
Home Sales In The Edmonton Real Estate Market
🏠 Sold Properties: Demand Cools, But Not Gone
In October 2025, 1,470 properties were sold across Edmonton – a 16.22% decrease from the same time last year. This decline reflects ongoing caution among buyers and perhaps a seasonal cooling typical of the fall months.
More importantly, year-to-date sales sit at 16,800, marking a 5.66% decline compared to 17,800 in 2024
While the market may feel slower than last year, this moderation is helping shift Edmonton toward a more balanced environment after a few years of frenzied activity.
Edmonton Average Home Sale Price
💰 Average Sale Price: Moderate but Steady Growth
The average sale price in October was $430,000, up 2.01% from October 2024. Despite a slower pace of transactions, prices are not falling — indicating that buyers are still willing to pay fair market value for well-presented homes.
Year-to-date, the average sale price stands at $434,000, reflecting a 6.17% increase over last year’s $409,000. For homeowners considering a sale, this continued appreciation supports positive equity growth and return on investment, particularly in newer or renovated properties.
📉 Ask-to-Sell Ratio: Holding Steady
The average ask-to-sell ratio was 0.977 in October, meaning homes sold for approximately 97.7% of their list price. This is a 0.72% dip compared to last year, suggesting minor negotiation room is creeping back into the market.
Year-to-date, the ask-to-sell ratio is 0.988, identical to 2024, showing that sellers are still achieving close to list price despite slower activity. This is particularly important for sellers to understand: pricing your home correctly from day one is crucial in today’s environment — overpricing could cost valuable days on the market.
Edmonton Real Estate Market -Average Days
🕒 Days on Market: Slight Uptick Signals Market Shift
Homes in Edmonton spent an average of 60 days on the market in October 2025, which is 9.09% longer than the same period last year.
Interestingly, despite this October uptick, the year-to-date average is only 50 days, which is actually 9.09% faster than 2024’s 55-day average.
This may indicate that spring and summer sales were strong, helping reduce YTD averages, while autumn saw a slight slowdown, likely due to increased listings and changing buyer timelines.
📊 Year-to-Date Comparison Table (2025 vs 2024)
| Metric | 2025 YTD | 2024 YTD | % Change |
| Sold Properties | 16,800 | 17,800 | ↓ 5.66% |
| Average Asking Price | $481,000 | $461,000 | ↑ 4.36% |
| Average Sale Price | $434,000 | $409,000 | ↑ 6.17% |
| New Listings | 28,400 | 25,300 | ↑ 12.14% |
| Days on Market | 50 | 55 | ↓ 9.09% |
| Ask-to-Sell Ratio | 0.988 | 0.988 | No Change |
🧠 What Does This Mean for Buyers?
Buyers in Edmonton now find themselves in a much more favourable market than in recent years.
- There’s more inventory to choose from
- Prices are appreciating gradually rather than skyrocketing
- The slight increase in days on market gives buyers room to breathe and negotiate
But that doesn’t mean you can snooze on a great deal — well-priced homes in desirable neighbourhoods are still moving quickly. Getting pre-approved and working with a knowledgeable local REALTOR® (like me!) ensures you’re ready to act when the right home comes up.
📣 Advice for Sellers: Presentation and Pricing Are Key
If you’re thinking about listing your home this fall or winter, here are some quick tips:
- Price it right from the start: Don’t overreach. Today’s buyers are educated and have options.
- Prepare your home: Clean, declutter, stage, and invest in professional photography.
- Respond quickly: Buyers move fast when they're ready. Being responsive can secure a deal before the competition sees it.
Homes that are well-maintained and correctly priced are still selling within weeks — sometimes with multiple offers if they stand out.
🏗️ Looking Ahead: What to Expect in Q4 and Early 2026
We’re likely to see:
- More balanced conditions heading into winter
- Continued gradual price growth, especially in well-connected neighbourhoods
- Steady demand from out-of-province buyers, thanks to Alberta’s affordability
- Builders continuing to offer incentives, which may impact resale activity
As we head into the slower winter season, those who act now — either buying or selling — may benefit from less competition and more serious market participants.
💬 Final Thoughts: Edmonton Still Shines
The Edmonton market may be cooling slightly compared to last year, but that doesn’t mean it’s weak. It means it’s maturing.
Whether you're a first-time buyer, seasoned investor, or long-time homeowner thinking about your next move, Edmonton continues to offer one of the most stable and opportunity-rich real estate markets in Canada.
If you're curious about your home’s value or want to explore new opportunities, I’m here to help.
📞 Call/Text Chris Reid at (780) 717‑5267
📧 creid@chrisreidedmonton.com
🏡 Century 21 Leading | Chris Reid Edmonton
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.
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