Edmonton Condo Real Estate Market June 2026

Average List Price Edmonton Condos

Asking Prices Moderate

The average asking price in June was $227,000, a 3.42% decrease from the same month last year .

This slight decline suggests sellers are becoming increasingly realistic when entering the market. Rather than overpricing and making multiple reductions later, many homeowners appear to be listing closer to market value from the outset.

This is a healthy sign for the market. Accurate pricing often results in more interest, fewer days on market, and smoother negotiations.

Edmonton Condo Sales

Condo Sales Continue Below Last Year's Pace

Edmonton recorded 331 condo sales in June 2026, representing a 19.07% decrease compared to June 2025. While sales volume remains lower than last year, it's worth remembering that 2025 was an exceptionally active year for Edmonton real estate. Comparing today's market to those elevated numbers naturally creates larger year-over-year declines.

Despite the slower pace, there are encouraging signs. Sales have remained relatively consistent throughout the spring, suggesting the market has stabilized rather than continuing to weaken. Buyers are still active—they're simply taking more time to evaluate their options before making a purchase.

For sellers, this means patience and preparation are key. Properly marketed and competitively priced condos are still attracting buyers, but properties that are overpriced may remain on the market longer than expected.

Edmonton Average Condo Sale Price

Condo Prices Hold Steady

One of the strongest indicators in June's report is the stability of condo values. The average sale price increased slightly to $213,000, a 0.83% increase over June 2025 .

Although sales activity has slowed, pricing has remained remarkably resilient. This demonstrates that buyer demand for affordable apartment-style condos continues to support values across the city.

For homeowners, this is encouraging news. Even in a market with fewer transactions, property values have largely held their ground. For buyers, Edmonton continues to offer one of the best combinations of affordability and long-term investment potential among Canada's major cities.

Buyers Continue to Negotiate

The average ask-to-sell ratio was 0.959, meaning condos sold for approximately 95.9% of their asking price .

This ratio remains healthy and indicates a balanced market where buyers have some negotiating power while sellers continue to receive offers close to their asking prices.

It's also a reminder that pricing your property correctly from day one remains one of the most important factors in achieving a successful sale.

Average Days on Market

Days on Market Remain Elevated

The average condo took 76 days to sell, an increase of 22.58% compared to June 2025 .

While this is considerably longer than last year, it reflects today's more measured buying environment rather than a lack of demand.

Today's buyers are:

• Comparing more properties
• Reviewing condo documents carefully
• Taking additional time to secure financing
• Negotiating more confidently

For sellers, this reinforces the importance of strong marketing, professional photography, and competitive pricing.

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

What This Means for Buyers

June continues to provide favourable conditions for buyers entering Edmonton's condo market.

Current buyers benefit from:

• More negotiating power than in recent years
• A healthy selection of available properties
• Stable condo prices
• Excellent affordability compared to many other Canadian cities

Whether you're buying your first home, downsizing, or expanding your investment portfolio, Edmonton condos continue to offer strong long-term value.

What This Means for Sellers

For sellers, the market remains competitive but far from discouraging.

Success depends on:

• Pricing your condo according to current market conditions
• Investing in professional photography and staging
• Highlighting upgrades, amenities, and building features
• Working with a REALTOR® who understands Edmonton's condo market

Well-presented condos continue to sell, even in a market where buyers have more choice.

Edmonton Condo Market Outlook – Summer 2026

Looking ahead to July and August, the Edmonton condo market is expected to remain balanced.

If current trends continue, we anticipate:

• Stable pricing through the summer
• Consistent inventory levels
• Continued buyer negotiating power
• Gradual improvement in sales activity as interest rates stabilize and consumer confidence grows

Overall, Edmonton's condo market remains one of the most affordable and stable housing sectors in Alberta.

Thinking About Buying or Selling a Condo?

Whether you're purchasing your first condo, investing in Edmonton real estate, or preparing to sell, understanding today's market is the key to making confident decisions.

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

I'd be happy to help you navigate Edmonton's condo market and develop a strategy that fits your goals.

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