Edmonton Real Estate Market Update – November 2025

⏱️ Homes Selling Faster Than Last Year

Homes in Edmonton are moving off the market at a quicker pace. The average days on market (DOM) in November was 46 days, which is just one day longer than in October 2025. However, this is 11 days faster than November 2024, showcasing how today’s buyers are prepared, motivated, and acting decisively. This reduction in DOM is a great sign for sellers looking for timely transactions.

🗓️ Year-to-Date Comparison: 2025 vs 2024

Here’s a deeper look at how 2025 stacks up against 2024:

The 2025 YTD numbers paint a picture of a market with higher demand and fewer listings, leading to a tighter supply environment. The result? Properties are selling faster and at higher prices, especially in the detached and semi-detached segments.

🏠 Market Segment Performance

Let’s break down the key property types across Edmonton.

📌 Detached Homes

• Sales: 967 units (↑ 33.1% YoY)
• Average Price: $486,751 (↑ 3.9% YoY)
• DOM: 42 Days

Detached homes remain the most sought-after property type in Edmonton. With strong year-over-year gains in both sales and price, this segment continues to drive the overall market.

📌 Semi-Detached Homes

• Sales: 224 units (↑ 25.8% YoY)
• Average Price: $373,180 (↑ 1.4% YoY)
• DOM: 38 Days

Semi-detached homes offer a great middle ground for buyers—providing more space than townhomes, often at a better value than detached properties. Demand is up significantly, and pricing remains competitive.

📌 Row/Townhouses

• Sales: 214 units (↑ 6.5% YoY)
• Average Price: $266,819 (↑ 1.6% YoY)
• DOM: 45 Days

The townhouse segment saw modest growth in both price and sales. These properties appeal to first-time buyers and downsizers alike, and that demand is keeping prices stable.

📌 Apartment Condominiums

• Sales: 232 units (↑ 31.8% YoY)
• Average Price: $194,767 (↓ 3.4% YoY)
• DOM: 59 Days

Despite a significant increase in unit sales, average condo prices continue to decline. This may be an opportunity for investors or entry-level buyers to purchase at a discount while the rest of the market rises.

🧭 What’s Driving the Market?

Several key factors are shaping Edmonton’s real estate trends:

✔️ Migration & Population Growth

As more Canadians look for affordable alternatives to BC and Ontario, Alberta—and Edmonton in particular—is experiencing strong interprovincial migration. The relatively low cost of housing, high quality of life, and stable job market are all major draws.

✔️ Tight Inventory

With new listings down 3.6% YTD and inventory levels dropping significantly, the market has tilted toward sellers. Buyers are acting quickly when well-priced homes hit the market.

✔️ Resilient Economy

Alberta’s economy continues to show strength, particularly in the energy, construction, and technology sectors. Low unemployment rates and strong wage growth are contributing to buyer confidence.

💡 What This Means for Buyers

• Competition is still present, especially in popular neighbourhoods and price points under $500,000.
• Rates remain a consideration: With interest rates stabilizing, many buyers are feeling confident locking in fixed rates to secure their next home.
• Act quickly and be prepared: Homes are selling faster, especially in the detached and semi-detached segments. Pre-approvals and flexibility on possession dates can make your offer more attractive.

💼 What This Means for Sellers

• Detached homes are in high demand, with many listings receiving strong attention if priced properly.
• Well-staged, professionally marketed homes are moving quickly, even late in the year.
• Fewer listings = less competition: If you’re thinking of selling in 2026, it might be worth exploring now, especially if you have a quick possession home ready.

🔮 Looking Ahead to December and Early 2026

As we enter the final month of the year, seasonal trends will likely lead to a slowdown in listings and activity. However, motivated buyers remain active, especially those relocating or trying to lock in a property before interest rate changes in the new year.

Expect a brisk start to 2026 as pent-up demand returns in January, supported by a tighter supply of homes and growing buyer confidence.

📞 Let’s Chat About Your Real Estate Goals

Whether you’re buying your first home, moving up, downsizing, or investing in Edmonton real estate, I’m here to help you make informed, confident decisions.

Reach out today for a personalized strategy tailored to your unique situation. From home evaluations to new construction opportunities and resale insights—I’ve got your back.

📲 Call/Text: (780) 717-5267
📧 Email: chris.reid@century21.ca
🌐 Website: www.chrisreidedmonton.com

Let’s make your next move the right one!

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.