Average List Price Edmonton Condos

Asking Prices Jump Significantly

The average asking price increased to $249,000, up 7.80% year-over-year .

This indicates sellers are regaining confidence as the spring market unfolds.

However, the gap between asking and selling price still exists, meaning:

• Buyers are negotiating
• Overpriced listings may sit longer
• Strategic pricing is still critical

Edmonton Condo Sales

Condo Sales Remain Below Last Year

In April 2026, 295 condos sold in Edmonton, representing an 18.06% decrease compared to April 2025 .

Even though this is a year-over-year decline, it’s important to look at the trend. The bar chart in the report shows that sales have been steadily increasing month-over-month since January, confirming that the spring market is gaining traction.

What this means:

• Buyer activity is improving compared to winter
• Sales are still below last year’s pace
• The market is recovering—but more gradually

Edmonton Average Condo Sale Price

Condo Prices Show Strong Growth

The standout metric for April is pricing.

The average sale price rose to $224,000, a 5.11% increase compared to April 2025 .

This is a strong signal that:

• Demand still exists for well-priced condos
• Buyers are willing to pay more for quality units
• The market is stabilizing after earlier price adjustments

The price trend chart in the report also shows a steady upward movement over the past several months, reinforcing that condo values are holding and even improving.

Ask-to-Sell Ratio Remains Stable

The ask-to-sell ratio is 0.961, meaning condos are selling for about 96.1% of their list price .

This is still a strong number and shows:

• Sellers are achieving close to asking
• Negotiation is normal but controlled
• The market remains balanced

Average Days on Market

Days on Market Still Elevated

The average days on market dropped to 75 days, but remains 38.89% higher than last year .

This is one of the most important indicators in today’s market.

What it tells us:

• Homes are selling faster than winter months (improvement from February/March)
• Still slower than 2025 levels
• Buyers are taking more time to decide

Key insight:

Well-priced condos are selling quickly — but overpriced units are still sitting.

Below is a summary of the year-to-date condo statistics for 2026 compared to 2025.

What This Means for Buyers

April presents a strong opportunity for buyers in Edmonton’s condo market.

Buyers currently benefit from:

• Higher inventory levels
• Less competition than previous years
• Stable pricing with gradual growth
• Continued negotiating power

This is especially attractive for:

• First-time buyers
• Investors
• Students or parents buying near U of A
• Downsizers

What This Means for Sellers

For sellers, the April market is improving—but still competitive.

To succeed:

• Price your condo correctly from the start
• Ensure your unit shows well
• Invest in strong marketing (photos, exposure)

The condos that are selling right now are:

• Updated
• Well-located
• Properly priced

Edmonton Condo Market Outlook – Spring 2026

Looking ahead to May and June, we expect:

• Continued increase in sales activity
• Stable or slightly rising prices
• Inventory remaining elevated
• Days on market gradually improving

The Edmonton condo market is not declining — it is transitioning into a more balanced and sustainable environment.

Thinking About Buying or Selling a Condo?

If you’re considering making a move in Edmonton’s condo market, having the right strategy is key in today’s conditions.

📞 Call or text Chris Reid at (780) 717-5267

Let’s create a plan tailored to your goals in the current market.

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 

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