Edmonton Real Estate Market Update – February 2026

The Edmonton real estate market continued to evolve in February 2026, showing a mix of rising prices, increasing inventory, and slower transaction timelines compared to last year. While sales volume remains lower than the same period in 2025, price growth and listing activity signal that the market is transitioning toward a more balanced environment.

For buyers and sellers across the Greater Edmonton Area, understanding these trends is essential as we move closer to the spring market — historically the busiest time of year for real estate.

Below is a full breakdown of what happened in February and what it means for the Edmonton housing market moving forward.

Edmonton Housing Market Snapshot – February 2026

Here are the key residential real estate statistics for Edmonton in February 2026:

• Sold Properties: 1,120 homes
• Average Asking Price: $485,000
• Average Sale Price: $444,000
• New Listings: 2,250 homes
• Days on Market: 80 days
• Ask-to-Sell Ratio: 0.978

While sales activity declined slightly year-over-year, prices continued to climb and new inventory increased significantly.

Below Graphs Are Interactive.

Edmonton New MLS® Listings

New Listings Surge as Spring Market Approaches

February saw a significant increase in inventory, with 2,250 new listings entering the Edmonton market.

That represents an 11.83% increase compared to February 2025.

More inventory is a typical pattern as winter ends and sellers prepare to take advantage of spring demand.

This increase in listings creates:

• More choice for buyers
• More competition for sellers
• More balanced negotiation conditions overall

The rising supply may also help moderate price growth later in the year, particularly if sales activity remains steady rather than accelerating dramatically.

Average List Price Edmonton Real Estate Market

Average Asking Price Reflects Seller Confidence

The average list price in February reached $485,000, a 1.61% increase year-over-year. This modest increase reflects growing seller confidence, especially as the spring market approaches.

Typically, homeowners preparing to sell in spring begin listing their properties between February and April. As a result, we often see asking prices gradually climb during this period.

However, pricing accuracy remains extremely important.

Homes priced correctly continue to sell quickly, while properties listed above market value tend to stay on the market longer.

Home Sales In The Edmonton Real Estate Market

Home Sales in Edmonton – February 2026

A total of 1,120 residential properties sold in Edmonton during February 2026, representing an 11.51% decrease compared to February 2025. While this drop may seem significant at first glance, it’s important to understand the broader context.

The early months of 2025 experienced unusually strong sales activity as buyers rushed into the market ahead of expected interest rate adjustments. That surge created a higher benchmark for comparison this year.

What we’re seeing in 2026 is not necessarily a weakening market, but rather a normalization of activity levels.

Buyers are still active, but they are:

• Taking more time to evaluate properties
• Negotiating more frequently
• Waiting for the right home rather than rushing to compete

This shift often happens when markets transition from intense seller conditions toward more balanced dynamics.

Edmonton Average Home Sale Price 

Average Sale Price Continues to Rise

Despite lower transaction volume, the average sale price climbed to $444,000 in February 2026, representing a 4.83% increase compared to February 2025. This continued price growth is one of the most important signals in the Edmonton market.

It indicates that:

• Demand remains healthy
• Sellers are still achieving strong values
• Edmonton housing continues appreciating steadily

Unlike some larger Canadian markets that have experienced volatile price swings, Edmonton has maintained a reputation for consistent, moderate growth.

For homeowners, this is excellent news.

For buyers, it reinforces the importance of entering the market sooner rather than later if long-term appreciation continues.

Ask-to-Sell Ratio Shows More Negotiation

The average ask-to-sell ratio for February was 0.978, down slightly from the previous year.

This means homes sold for about 97.8% of their list price on average.

This small change suggests that:

• Buyers are negotiating slightly more
• Sellers must price homes accurately
• Overpriced homes may require price adjustments

Again, this reflects a market moving toward balance rather than a sharp correction.

Edmonton Real Estate Market -Average Days 

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