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The Rural Sturgeon County acreage market continued its steady momentum through May 2026, with sales activity increasing, prices remaining resilient, and inventory levels staying relatively tight. As buyers continue to seek larger properties, acreage homes, hobby farms, and estate-style living within commuting distance of Edmonton, Rural Sturgeon County remains one of the region's most desirable country residential markets.
May's statistics reveal a market that is balancing healthy demand with limited inventory, creating favourable conditions for sellers while still offering opportunities for buyers who are prepared and informed.
Let's take a closer look at what happened in the May 2026 Rural Sturgeon County real estate market.
📊 May 2026 Market Snapshot
According to the latest Rural Sturgeon County market report:
The overall picture is one of a market where buyers remain active and sellers are achieving exceptionally strong sale prices relative to their asking prices.
Interactive bar graphs
🏷️ New Listings Remain Below Last Year's Levels
There were 46 new listings introduced to the market in May 2026, down slightly from the same period last year.
Year-to-Date New Listings
| Year | New Listings |
| 2026 | 136 |
| 2025 | 150 |
| % Change | -9.33% |
Inventory remains one of the defining themes of the 2026 market. While buyers have more options than they did during the extremely tight inventory conditions of previous years, listings remain below historical norms.
Why Inventory Matters
Lower inventory creates:
The shortage of new inventory is helping to support the overall health of the market.
💰 Average Asking Price Shows Strategic Pricing
The average asking price declined to $898,000, a 9.95% decrease compared to May 2025.
At first glance, this might appear concerning, but it actually suggests sellers are becoming more strategic with pricing.
Year-to-Date Average Asking Price
| Year | Average Asking Price |
| 2026 | $1.09M |
| 2025 | $1.11M |
| % Change | -1.04% |
This modest year-to-date adjustment indicates that sellers are adapting to market conditions and pricing more competitively.
What We're Seeing
Many sellers recognize that today's buyers are educated and comparison shopping. Competitive pricing often generates more showings, stronger offers, and quicker sales.
📈 Sales Activity Continues to Improve
May saw 26 properties sold, representing a 4.00% increase over May 2025. This marks another month of positive sales growth and demonstrates continued demand for acreage properties throughout the county.
Year-to-Date Sales
| Year | Sold Properties |
| 2026 | 71 |
| 2025 | 63 |
| % Change | +12.70% |
The year-to-date increase of nearly 13% suggests buyers remain committed to acreage living despite ongoing economic uncertainty and fluctuating interest rates.
What This Means
For sellers, the increase in sales demonstrates that properly priced properties continue to attract attention. For buyers, it highlights the importance of being ready to act quickly when desirable properties become available.
💵 Average Sale Price Climbs Higher
While list prices softened, actual sale prices moved in the opposite direction.
The average sale price reached $946,000, a 7.13% increase from May 2025.
Year-to-Date Average Sale Price
| Year | Average Sale Price |
| 2026 | $911,000 |
| 2025 | $896,000 |
| % Change | +1.69% |
This is one of the most encouraging statistics in the report.
Why Prices Are Increasing
Several factors are helping support values:
The fact that sale prices are increasing despite slightly lower asking prices suggests buyers are competing aggressively for desirable properties.
📊 Ask-to-Sell Ratio Near Perfection
One of the strongest indicators in the May report is the average ask-to-sell ratio of 99.3%.
This means sellers are receiving virtually their full asking price.
Year-to-Date Ask-to-Sell Ratio
| Year | Ask-to-Sell Ratio |
| 2026 | 97.7% |
| 2025 | 97.9% |
| % Change | -0.23% |
A ratio this high demonstrates that buyers recognize value when they see it and are willing to pay close to list price for well-presented properties.
⏳ Days on Market Increase
Homes sold in an average of 43 days, compared to 23 days in May 2025, representing an increase of 86.96%.
While this sounds dramatic, context matters.
Year-to-Date Days on Market
| Year | Days on Market |
| 2026 | 67 |
| 2025 | 59 |
| % Change | +13.56% |
The increase suggests buyers are taking slightly more time to evaluate acreage purchases.
Why Buyers Are Taking Longer
Acreage purchases often involve:
These factors naturally lengthen decision-making timelines.
📊 Year-to-Date Comparison (2026 vs 2025)
| Metric | 2026 YTD | 2025 YTD | % Change |
| Sold Properties | 71 | 63 | +12.70% |
| New Listings | 136 | 150 | -9.33% |
| Average Asking Price | $1.09M | $1.11M | -1.04% |
| Average Sale Price | $911K | $896K | +1.69% |
| Days on Market | 67 | 59 | +13.56% |
| Ask-to-Sell Ratio | 97.7% | 97.9% | -0.23% |
🔮 Outlook for Summer 2026
As we head into the busiest months of the acreage market, Rural Sturgeon County appears well positioned for a strong summer season.
Key trends to watch:
✔ Sales activity remains ahead of last year
✔ Inventory remains relatively tight
✔ Sale prices continue to increase
✔ Sellers are achieving nearly full asking price
✔ Buyer demand remains healthy
If inventory remains constrained throughout the summer, we could continue to see upward pressure on prices.
💡 Advice for Buyers and Sellers
🏡 Sellers
🔑 Buyers
📞 Thinking About Buying or Selling in Rural Sturgeon County?
Whether you're looking for a luxury acreage, hobby farm, equestrian property, or country residential home near Edmonton, having a local acreage expert can make all the difference.
Chris Reid – Century 21 Leading
📞 (780) 717-5267
🌐 chrisreidedmonton.com
Let's discuss your acreage goals and create a plan tailored to today's 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.
If you would like more information on the Rural Sturgeon County real estate market contact Chris Reid
Rural Sturgeon County Website
The Rural Lac Ste. Anne County real estate market continued to show resilience throughout May 2026, with rising property values, faster sales, and strong seller performance despite lower overall sales activity compared to last year. As buyers continue searching for acreage properties, recreational retreats, and rural homes within commuting distance of Edmonton, the market remains active and competitive.
While total sales and inventory levels remain below 2025 levels year-to-date, the continued increase in both asking and selling prices suggests that demand for rural properties remains strong. Combined with shorter selling times and homes selling closer to asking price, the market continues to favour well-prepared sellers heading into the busy summer season.
Let's dive into the numbers and see what happened in the Lac Ste. Anne County real estate market during May 2026.
📊 May 2026 Market Snapshot
| Metric | May 2026 | Change vs May 2025 |
| Sold Properties | 31 | ↓ 8.82% |
| Average Asking Price | $549,000 | ↑ 27.48% |
| Average Sale Price | $448,000 | ↑ 2.68% |
| New Listings | 80 | ↑ 11.11% |
| Days on Market | 55 Days | ↓ 36.78% |
| Ask-to-Sell Ratio | 97.9% | ↑ 0.05% |
Interactive bar graphs
🏷️ New Listings Increase, But Inventory Remains Tight
A bright spot for buyers this month was the increase in new listings.
In May 2026:
However, looking at the broader picture:
While May saw an encouraging increase in new inventory, overall listing levels remain well below last year's pace.
If inventory remains constrained through the summer months, buyers may continue facing increased competition for desirable properties.
📈 Sellers Showing Strong Confidence
The average asking price in May 2026 climbed to $549,000, representing a significant 27.48% increase compared to May 2025.
Year-to-date:
This substantial increase demonstrates growing confidence among sellers and reflects the continued appreciation seen throughout the rural market.
Many sellers are entering the market with higher expectations, supported by strong demand and reduced inventory levels.
📉 Sales Activity Remains Below Last Year's Pace
In May 2026, 31 properties sold in Rural Lac Ste. Anne County, representing an 8.82% decrease compared to May 2025. Despite the decline, sales activity remains healthy for a rural market and demonstrates continued buyer interest in the region.
Year-to-date:
Although fewer homes have sold so far this year, lower inventory levels continue to play a significant role. Buyers remain active, but there are simply fewer properties available for purchase.
💰 Home Prices Continue to Climb
One of the strongest indicators in the May report is continued price appreciation.
The average sale price in May 2026 reached $448,000, an increase of 2.68% compared to May 2025.
Year-to-date:
This marks another month of positive price growth and reinforces the long-term demand for rural properties throughout Lac Ste. Anne County.
For sellers, this is excellent news. Property values continue to rise despite fewer overall sales, indicating buyers are willing to pay more for desirable acreages and country homes.
🤝 Buyers Continue Paying Close to Asking Price
The average ask-to-sell ratio in May 2026 was 97.9%, virtually unchanged from last year but still an excellent indicator of market strength.
Year-to-date:
This means sellers are receiving very close to their asking price on average, while buyers have less room to negotiate than they did a year ago.
Combined with improving days on market and rising sale prices, this points toward a balanced market that is leaning increasingly in favour of sellers.
⏱️ Homes Are Selling Faster
One of the most positive indicators for sellers is the continued reduction in days on market.
The average days on market in May 2026 was just 55 days, representing a 36.78% improvement compared to May 2025.
Year-to-date:
This substantial improvement suggests that properly priced homes are attracting strong interest and moving quickly.
For buyers, this means being prepared and ready to act when the right property becomes available.
📈 Year-to-Date Comparison (2026 vs 2025)
| Metric | 2026 YTD | 2025 YTD | % Change |
| Sold Properties | 75 | 89 | ↓ 15.73% |
| Average Asking Price | $516,000 | $477,000 | ↑ 8.14% |
| Average Sale Price | $497,000 | $467,000 | ↑ 6.45% |
| New Listings | 145 | 192 | ↓ 24.48% |
| Days on Market | 95 | 129 | ↓ 26.36% |
| Ask-to-Sell Ratio | 0.980 | 0.967 | ↑ 1.32% |
📈 Year-to-Date Comparison (2026 vs 2025)
| Metric | 2026 YTD | 2025 YTD | % Change |
| Sold Properties | 106 | 123 | ↓ 13.82% |
| Average Asking Price | $525,000 | $464,000 | ↑ 13.05% |
| Average Sale Price | $483,000 | $459,000 | ↑ 5.29% |
| New Listings | 225 | 264 | ↓ 14.77% |
| Days on Market | 83 | 117 | ↓ 29.06% |
| Ask-to-Sell Ratio | 97.9% | 97.0% | ↑ 0.97% |
🔎 What This Means for Buyers
For buyers considering acreage living or rural property ownership in Lac Ste. Anne County:
The best strategy is to obtain mortgage pre-approval and be ready to act quickly when suitable properties hit the market.
🏡 What This Means for Sellers
For sellers, conditions remain favourable:
If you're considering selling your acreage, country home, recreational property, or vacant land, current market conditions continue to provide excellent opportunities.
🔮 Looking Ahead to Summer 2026
As we move into the peak summer season, all eyes will be on inventory levels. If buyer demand remains steady and new listings fail to keep pace, property values may continue to strengthen.
With faster sales, rising prices, and limited supply, the Rural Lac Ste. Anne County market remains one of the stronger rural markets surrounding Edmonton.
📞 Thinking about buying or selling in Lac Ste. Anne County?
Contact Chris Reid, REALTOR®
📱 (780) 717-5267
📧 creid@chrisreidedmonton.com
🌐 chrisreidedmonton.com
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.
If you would like more information on the Lac Ste Anne real estate market contact Chris Reid
The Devon real estate market gained significant momentum in May 2026, delivering stronger sales activity, rising home values, and increased inventory. As the spring market continued to unfold, buyers remained active and sellers benefited from improved pricing across nearly every category.
While some indicators suggest a more balanced market than we’ve seen in recent years, the overall story is one of growth. Higher sale prices, increased listings, and stronger year-to-date performance all point toward a healthy market that continues to attract buyers looking for affordability, community, and value just outside Edmonton.
Let’s take a closer look at what happened in Devon during May 2026.
📊 May 2026 Market Snapshot
| Metric | May 2026 | % Change vs May 2025 |
| Sold Properties | 14 | ↑ 40.00% |
| New Listings | 25 | ↑ 31.58% |
| Average Asking Price | $464,000 | ↑ 12.56% |
| Average Sale Price | $472,000 | ↑ 47.12% |
| Days on Market | 19 Days | ↓ 24.00% |
| Ask-to-Sell Ratio | 0.987 | ↓ 1.51% |
Interactive bar graphs
🏘️ Inventory Continues to Grow
New listings continued to increase in May, with 25 new properties entering the market, up 31.58% compared to the same month last year.
Year-to-date, Devon has seen 77 new listings, representing a 22.22% increase over 2025.
This increase in inventory is helping create a more balanced marketplace. Buyers now have more options than they did a year ago, while sellers must ensure their homes are properly priced and marketed to stand out from the competition.
Although inventory is growing, sales activity is keeping pace, preventing a significant oversupply from developing.
💲 Asking Prices Remain Strong
The average asking price in May reached $464,000, an increase of 12.56% compared to May 2025.
Looking at the broader trend, the year-to-date average asking price now sits at $485,000, which is 15.59% higher than the same period last year.
This continued increase in list prices reflects strong confidence among Devon homeowners. It also demonstrates that buyers continue to view Devon as a desirable and affordable alternative to many Edmonton communities.
While sellers remain optimistic, pricing appropriately is still critical as buyers become increasingly selective.
📈 Sales Activity Surges in May
May was an excellent month for sales activity in Devon. A total of 14 homes sold, representing a 40% increase compared to May 2025.
This surge pushed year-to-date sales to 51 homes, slightly ahead of last year’s pace and marking a 2% increase overall. After a slower start to the year, Devon’s market appears to have regained momentum as buyers entered the spring market in greater numbers.
The increase in sales is particularly encouraging because it occurred alongside a significant increase in inventory, demonstrating that buyer demand remains healthy despite having more homes available to choose from.
💵 Home Values Continue to Rise
One of the most impressive statistics from May is the increase in the average sale price.
The average sale price jumped to $472,000, a remarkable 47.12% increase over May 2025.
Year-to-date, the average sale price has climbed to $444,000, representing a 13.79% increase compared to last year.
This substantial growth indicates that higher-priced homes are successfully finding buyers and that overall market confidence remains strong. It also highlights Devon’s growing appeal among families and move-up buyers looking for larger homes and more value.
⚖️ Ask-to-Sell Ratio Remains Healthy
The average ask-to-sell ratio came in at 0.987, meaning homes sold for approximately 98.7% of their asking price.
While this is slightly lower than last year, it remains a strong result and shows that sellers are still achieving close to their desired prices.
Year-to-date, the ratio sits at 0.983, compared to 0.997 in 2025, suggesting buyers have gained a small amount of negotiating power. However, the difference remains relatively minor, reinforcing the fact that Devon remains a healthy and competitive market.
⏱️ Homes Are Selling Faster Again
After several months of increasing selling timelines, May saw a significant improvement.
Homes sold in an average of just 19 days, which is 24% faster than May 2025.
This is one of the strongest indicators of market health. Faster sales suggest motivated buyers are actively competing for desirable properties and making decisions more quickly.
However, year-to-date days on market remain elevated at 56 days, compared to 37 days last year, indicating that while May was strong, some earlier months experienced slower activity. Overall, the trend is moving in a positive direction heading into summer.
📆 Year-to-Date Comparison (2026 vs 2025)
| Metric | 2026 YTD | 2025 YTD | % Change |
| Sold Properties | 51 | 50 | ↑ 2.00% |
| New Listings | 77 | 63 | ↑ 22.22% |
| Average Asking Price | $485,000 | $420,000 | ↑ 15.59% |
| Average Sale Price | $444,000 | $390,000 | ↑ 13.79% |
| Days on Market | 56 | 37 | ↑ 51.35% |
| Ask-to-Sell Ratio | 0.983 | 0.997 | ↓ 1.41% |
🧠 What This Means for Sellers
For homeowners considering selling, May’s numbers are encouraging.
✔ Sales activity is increasingThe key to success remains proper pricing and presentation. With more listings available, buyers have choices, making professional marketing more important than ever.
🏡 What This Means for Buyers
Buyers continue to benefit from increased inventory and a more balanced market environment.
Benefits for buyers include:
However, rising sale prices indicate that waiting too long could mean paying more later in the year if demand remains strong.
🌟 Why Buyers Continue Choosing Devon
Devon continues to attract buyers for several reasons:
These factors continue to support long-term housing demand and property values.
🔮 Summer 2026 Market Outlook
Based on May’s performance, Devon appears poised for a strong summer market.
We expect:
If buyer demand remains strong and inventory growth stays manageable, Devon could continue outperforming many surrounding communities throughout the summer months.
📞 Thinking About Buying or Selling in Devon?
Whether you’re considering selling your current home, purchasing your first property, or upgrading to something larger, having a local market expert on your side can make all the difference.
Chris ReidLet’s create a strategy that helps you achieve your real estate goals in 2026.
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.
If you would like more information on the Devon real estate market contact Chris ReidStrong Sales Growth and Rising Home Prices Highlight a Busy Spring Market
The Fort Saskatchewan real estate market continued its spring momentum in May 2026, delivering one of the strongest monthly performances we've seen so far this year. Sales activity surged, prices climbed significantly, and new listings increased, creating a dynamic market for both buyers and sellers.
While inventory levels expanded compared to last year, buyer demand kept pace, helping push average sale prices above the $500,000 mark for the first time this year. The result is a market that remains balanced but increasingly competitive, particularly in popular family-oriented price ranges.
For anyone considering buying or selling in Fort Saskatchewan, May's numbers provide valuable insight into the direction of the local housing market as we move toward the summer season.
Fort Saskatchewan Market Snapshot – May 2026
| Metric | May 2026 | % Change vs May 2025 | 2026 YTD | 2025 YTD | % Change YTD |
| Sold Properties | 87 | +31.82% | 313 | 318 | -1.57% |
| New Listings | 113 | +20.21% | 463 | 412 | +12.38% |
| Average Asking Price | $509,000 | +9.22% | $477,000 | $459,000 | +3.88% |
| Average Sale Price | $501,000 | +10.08% | $473,000 | $447,000 | +5.73% |
| Days on Market | 64 | +106.45% | 66 | 47 | +40.43% |
| Ask-to-Sell Ratio | 0.987 | -1.34% | 0.994 | 1.001 | -0.64% |
Bar Graphs Below Are Interactive
New Listings: More Inventory Creates More Opportunity
One of the biggest themes in May was the significant increase in listing activity.
Fort Saskatchewan recorded 113 new listings, up 20.21% from May 2025. Year-to-date, there have been 463 new listings, representing a 12.38% increase over the same period last year.
This increase in inventory is good news for buyers who have faced limited selection over the past several years. More listings mean:
For sellers, however, the increase in inventory means competition is growing. Proper pricing, presentation, and marketing are becoming increasingly important as buyers gain more options.
Average Asking Price: Seller Confidence Remains Strong
The average asking price in May reached $509,000, an impressive 9.22% increase compared to May 2025. This is the first month in 2026 where the average asking price exceeded the $500,000 mark.
Year-to-date, the average asking price sits at $477,000, up 3.88% from $459,000 last year.
This increase demonstrates that sellers remain confident in the Fort Saskatchewan market and continue to see strong value in their homes.
Several factors are supporting higher asking prices:
Sales Activity: A Major Jump in Buyer Demand
May 2026 saw 87 homes sold, representing a substantial 31.82% increase compared to May 2025. This is one of the strongest year-over-year sales increases Fort Saskatchewan has experienced in recent months and demonstrates that buyers remain highly active despite higher prices and increased inventory.
The increase in monthly sales is particularly noteworthy because it comes after a slower start to 2026. As buyers became more active throughout the spring, many who had been waiting on the sidelines entered the market.
On a year-to-date basis, however, total sales remain slightly below last year's pace. Through the first five months of 2026, Fort Saskatchewan recorded 313 sales compared to 318 during the same period in 2025, a difference of just 1.57%.
This narrowing gap suggests that Fort Saskatchewan is quickly catching up to last year's activity levels and could potentially surpass them later this summer if current trends continue.
Average Sale Price: Home Values Continue to Climb
Perhaps the strongest indicator in the May report is the growth in actual sale prices.
The average sale price reached $501,000, a 10.08% increase compared to May 2025. This is a significant gain and highlights the continued strength of the Fort Saskatchewan market.
Year-to-date, the average sale price now stands at $473,000, up 5.73% from $447,000 in 2025.
What makes this especially noteworthy is that prices are rising despite increased inventory. This suggests that buyer demand remains strong enough to absorb additional supply without putting downward pressure on values.
For homeowners, this continued appreciation represents excellent news, while buyers should recognize that waiting could result in paying more later in the year.
Ask-to-Sell Ratio: Homes Still Selling Near List Price
The average ask-to-sell ratio in May was 0.987, meaning homes sold for approximately 98.7% of their asking price.
While slightly lower than May 2025, this remains an exceptionally strong figure and confirms that sellers are still achieving very close to full asking price.
Year-to-date, the ask-to-sell ratio sits at 0.994, indicating that sellers are receiving roughly 99.4% of their list price on average.
This reinforces the importance of proper pricing. Buyers are negotiating, but not dramatically. Well-priced homes continue to perform strongly.
Days on Market: Buyers Taking More Time
The average days on market increased to 64 days, up 106.45% compared to May 2025. Year-to-date, homes are taking an average of 66 days to sell, compared to 47 days last year.
At first glance, this appears concerning. However, context is important.
Longer selling times are largely the result of:
This does not necessarily indicate weaker demand. In fact, with sales increasing by over 30%, buyer activity is clearly strong. Instead, it suggests a healthier, more balanced market where buyers have time to make informed decisions.
While this may seem like a slowdown, it actually reflects a healthier, more balanced market environment.
— but buyers are being more selective, and the pace is less aggressive than previous years.
Year-to-Date Market Comparison – May 2026 vs May 2025
| Metric | 2026 YTD | 2025 YTD | % Change |
| Sold Properties | 313 | 318 | -1.57% |
| New Listings | 463 | 412 | +12.38% |
| Average Asking Price | $477,000 | $459,000 | +3.88% |
| Average Sale Price | $473,000 | $447,000 | +5.73% |
| Days on Market | 66 | 47 | +40.43% |
| Ask-to-Sell Ratio | 0.994 | 1.001 | -0.64% |
What May Means for Buyers
For buyers, May presents both opportunity and urgency.
On one hand:
✅ More listings provide greater choice
✅ Competition is less intense than previous peak markets
✅ Buyers have more time to evaluate properties
On the other hand:
⚠ Home prices continue to rise
⚠ Demand remains strong
⚠ The best properties are still moving quickly
If you're planning to purchase this year, waiting for significant price reductions may not be the best strategy given the ongoing appreciation we're seeing in Fort Saskatchewan.
What May Means for Sellers
For sellers, current conditions remain favourable.
Home values are increasing, sales activity is strong, and buyers remain active. However, success now depends more heavily on execution.
To maximize results:
The days of simply putting a sign on the lawn and expecting multiple offers are becoming less common. Strategic marketing matters more than ever.
Market Forecast: What to Expect This Summer
Looking ahead to June and the summer market, Fort Saskatchewan appears positioned for continued stability and growth.
Based on current trends, we can expect:
If inventory growth remains moderate and buyer demand stays strong, home values should continue to rise throughout the remainder of 2026.
Final Thoughts
The May 2026 Fort Saskatchewan real estate market delivered one of the strongest performances of the year so far. Sales surged more than 30%, average sale prices exceeded $500,000, and inventory expanded to provide buyers with more choice.
While homes are taking longer to sell than they did a year ago, this reflects a healthier and more balanced market rather than a slowdown in demand.
Fort Saskatchewan continues to offer an attractive combination of affordability, community amenities, and long-term value, making it one of the most desirable markets in the Edmonton region.
New Construction Market Update – Fort Saskatchewan (May 2026)
The new construction market in Fort Saskatchewan experienced a significant increase in activity during May 2026, with sales volume and transaction counts rising substantially compared to May 2025. Builders continue to benefit from strong demand as buyers seek modern floorplans, energy-efficient features, and move-in-ready homes in one of the Edmonton region's fastest-growing communities.
While pricing remained relatively stable year-over-year, the biggest story this month was the sharp increase in the number of homes sold, resulting in a dramatic rise in overall sales volume.
New Construction Comparison – May 2026 vs May 2025
| Metric | May 2026 | May 2025 | % Change |
| Homes Sold | 25 | 14 | +78.57% |
| Average Days on Market | 81 | 48 | +68.75% |
| Median Days on Market | 74 | 45 | +64.44% |
| Average List Price | $545,989 | $550,278 | -0.78% |
| Median List Price | $504,900 | $562,500 | -10.24% |
| Average Sale Price | $542,581 | $549,921 | -1.33% |
| Median Sale Price | $496,500 | $558,500 | -11.10% |
| Total Sales Volume | $13,564,527 | $7,698,898 | +76.19% |
Sales Activity Surges
The most impressive statistic from May is the increase in transaction volume.
New construction sales jumped from 14 homes in May 2025 to 25 homes in May 2026, representing a 78.57% increase year-over-year.
This level of growth demonstrates that buyers continue to see exceptional value in Fort Saskatchewan's new home market. Whether purchasing a move-up home, a first home, or relocating from Edmonton, buyers remain attracted to the community's affordability and quality of life.
The strong increase in transactions also pushed total sales volume above $13.5 million, a remarkable 76.19% increase compared to May 2025.
Pricing Remains Stable Despite Increased Inventory
One of the most encouraging aspects of the May report is that pricing remained relatively stable despite the substantial increase in homes sold.
The average sale price declined by just 1.33%, which is remarkably modest considering the nearly 80% increase in transaction volume.
This suggests that builders successfully increased sales without significantly discounting inventory.
The average list price also remained essentially unchanged year-over-year, declining less than 1%.
Broader Product Mix Influences Median Pricing
While average pricing remained stable, median pricing declined compared to May 2025.
The median sale price fell from $558,500 to $496,500, while the median list price declined from $562,500 to $504,900.
This likely reflects a broader mix of homes selling in 2026, including more entry-level and mid-market products.
Rather than indicating falling values, the data suggests that builders successfully expanded affordability options and attracted a wider range of buyers into the market.
Days on Market Increase
The average days on market increased from 48 days in May 2025 to 81 days in May 2026.
Similarly, median days on market increased from 45 days to 74 days.
This increase reflects:
Even with longer selling timelines, the dramatic increase in completed sales demonstrates that demand remains strong.
Thinking about buying or selling in Fort Saskatchewan this year?
📞 Call Chris Reid at (780) 717-5267 for expert local advice, personalized market insights, and a strategy designed to help you achieve your real estate 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 real estate market in Fort Saskatchewan? CONTACT ME HERE
City of Fort Saskatchewan Website
The St. Albert real estate market continued to demonstrate resilience and stability throughout May 2026, with home prices climbing, sales activity increasing, and buyer demand remaining healthy despite a slight reduction in inventory. As we move further into the spring market, the latest numbers show that St. Albert remains one of the most desirable communities in the Edmonton region for families, professionals, and investors alike.
May is traditionally one of the busiest months of the year for real estate, and while some market indicators point to a more balanced environment compared to the frenzy experienced in previous years, homeowners continue to benefit from strong property values and buyers remain active in the marketplace.
Whether you're considering buying your first home, upgrading to a larger property, downsizing, or investing in real estate, understanding the latest market trends can help you make informed decisions.
For expert advice on buying or selling in St. Albert, contact Christina Reid, REALTOR® with Century 21 Leading, at (780) 717-5267.
📊 St. Albert Real Estate Market Snapshot – May 2026
According to the latest market statistics, May delivered a combination of price growth and stable sales activity.
Key May 2026 Statistics
The most notable takeaway is the continued increase in home values, with the average sale price reaching its highest point so far in 2026.

Bar Graphs Below Are Interactive
📦 New Listings and Inventory
Inventory remains one of the most important factors influencing the market.
In May 2026, 203 new listings came onto the market, representing a 12.50% decrease compared to May 2025.
Year-to-date, there have been 872 new listings, compared to 888 during the same period last year, a modest 1.80% decrease.
This reduction in new inventory helps explain why home prices continue to rise. Fewer listings mean buyers have fewer options, which increases competition for desirable properties.
If inventory remains constrained throughout the summer, we could continue to see upward pressure on pricing.
🏷️ Average Asking Price
The average asking price in May was $584,000, which is actually 1.11% lower than May 2025.
At first glance, this may seem surprising given the increase in sale prices. However, it suggests that sellers are becoming more strategic with their pricing.
Rather than overpricing their homes, many sellers appear to be listing at competitive prices designed to attract strong interest and potentially multiple offers.
Year-to-date, the average asking price sits at $569,000, which is still 2.14% higher than 2025 levels.
This reflects continued confidence in the St. Albert market while also showing a realistic approach to pricing.
🏡 Home Sales Activity
A total of 164 homes sold in May 2026, representing a 1.23% increase compared to May 2025.
This is an encouraging sign for the local market because it shows that buyers remain active despite higher home prices and economic uncertainty.
However, when we look at the year-to-date figures, there have been 591 homes sold so far in 2026, compared to 621 during the same period in 2025, representing a 4.83% decrease.
While sales volume is down slightly on a year-to-date basis, the gap continues to narrow. The increase in May sales suggests that buyers are returning to the market as confidence improves and more inventory becomes available.
💰 Average Sale Price Reaches New Heights
One of the strongest indicators of market health is home pricing, and May delivered another impressive result.
The average sale price in St. Albert reached $588,000, an increase of 3.65% compared to May 2025.
More importantly, the year-to-date average sale price has climbed to $556,000, which is 5.02% higher than the same period in 2025.
This continued appreciation demonstrates several important factors:
For homeowners, these numbers represent continued equity growth and a positive environment for selling.
📈 Ask-to-Sell Ratio
The average ask-to-sell ratio in May was 1.008, meaning homes sold for approximately 100.8% of asking price.
This tells us:
Year-to-date, the ratio is 1.003, compared to 1.007 in 2025.
This slight decline is negligible and continues to indicate a healthy, balanced market.
⏱️ Days on Market
Homes spent an average of 40 days on market in May 2026, which represents a 25% increase compared to May 2025.
The year-to-date average is now 43 days, compared to 39 days last year, an increase of 10.26%.
While homes are taking slightly longer to sell, this is not necessarily a negative indicator.
Instead, it suggests:
Even with this increase, a 40-day average remains a healthy selling timeline in today's market.
📊 Year-to-Date Market Comparison
| Metric | 2026 YTD | 2025 YTD | % Change |
| Homes Sold | 591 | 621 | -4.83% |
| Average Sale Price | $556,000 | $529,000 | +5.02% |
| Average Asking Price | $569,000 | $557,000 | +2.14% |
| New Listings | 872 | 888 | -1.80% |
| Days on Market | 43 | 39 | +10.26% |
| Ask-to-Sell Ratio | 1.003 | 1.007 | -0.36% |
🌟 Community Spotlight: Jensen Lakes
One of the most sought-after communities in St. Albert continues to be Jensen Lakes.
As Alberta's first beach community, Jensen Lakes offers residents:
Demand for both resale and new construction homes remains strong, helping support overall market pricing throughout St. Albert.
🧠 What This Means for Buyers
For buyers, today's market offers both opportunities and challenges.
Advantages:
✔ More balanced conditions than previous years
✔ Slightly longer days on market
✔ Strategic pricing from sellers
Challenges:
✔ Rising home prices
✔ Limited inventory growth
✔ Continued competition for desirable homes
Being pre-approved and ready to act quickly remains critical.
🏡 What This Means for Sellers
For sellers, May continues to offer favourable conditions.
Seller Advantages:
✔ Home values continue to rise
✔ Strong ask-to-sell ratios
✔ Active buyer demand
Keys to Success:
✔ Professional photography
✔ Accurate pricing
✔ Strategic marketing
Well-presented homes continue to achieve excellent results.
🔮 Looking Ahead to Summer 2026
As we move into June and July, expect:
If inventory remains tight, home values should continue trending upward through the summer market.
Final Thoughts
May 2026 demonstrates that the St. Albert real estate market remains healthy, competitive, and resilient.
While sales volumes are slightly lower year-to-date, prices continue to rise, inventory remains relatively tight, and buyers remain active.
For homeowners, this means continued equity growth. For buyers, it means acting strategically and working with a local expert who understands market trends.
📞 Thinking About Buying or Selling in St. Albert?
I'd love to help you navigate today's market.
Christina Reid, REALTOR®
Century 21 Leading
📱 (780) 717-5267
📧 creid@chrisreidedmonton.com
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.
Interested in buying or selling in the St. Albert real estate market CONTACT CHRIS REID
St. Albert Website
As Edmonton's spring real estate market moves toward its summer peak, the detached single-family housing sector continues to demonstrate resilience despite softer sales activity compared to last year. While buyers are taking more time to make purchasing decisions, home prices remain strong, inventory is growing, and sellers who price strategically are still seeing success.
The May 2026 market data reveals a market that is becoming increasingly balanced—offering opportunities for both buyers and sellers. Whether you're considering purchasing your first home, upgrading to a larger property, or preparing to sell, understanding these trends is essential.
📊 Edmonton Detached Home Market Snapshot – May 2026
According to the latest Edmonton market report, detached single-family homes performed as follows in May 2026:
| Metric | May 2026 | May 2025 | % Change |
| Sold Properties | 916 | 1,040 | ▼ 11.92% |
| Average Asking Price | $623,000 | $616,000 | ▲ 1.08% |
| Average Sale Price | $583,000 | $557,000 | ▲ 4.69% |
| New Listings | 1,970 | 1,963 | ▲ 0.36% |
| Days on Market | 54 | 39 | ▲ 38.46% |
| Ask-to-Sell Ratio | 0.987 | 1.000 | ▼ 1.27% |
Interactive bar graphs
🆕 New Listings Continue to Grow
Inventory growth remains one of the defining stories of the 2026 market.
In May, 1,970 new detached homes hit the market, a slight increase of 0.36% compared to May 2025. Year-to-date, Edmonton has seen 7,030 new detached listings, up 2.40% from last year.
While the increase is modest, it continues to provide buyers with more options than they had in 2025.
More inventory means:
✅ Greater selection for buyers
✅ Less competition on some properties
✅ More negotiating opportunities
✅ Longer decision timelines
For sellers, it means standing out has become increasingly important.
🏷️ Seller Confidence Remains Strong
The average asking price reached $623,000 in May, an increase of 1.08% compared to May 2025. Year-to-date, the average asking price is now $627,000, up 1.21% year-over-year.
This indicates sellers remain confident in Edmonton's housing market.
However, the gap between asking price and sale price continues to widen slightly compared to previous years, meaning buyers are becoming more selective and negotiating more frequently.
The lesson for sellers? Strategic pricing remains critical.
🏘️ Sales Activity Remains Below 2025 Levels
A total of 916 detached homes sold in May 2026, representing an 11.92% decrease compared to May 2025. While sales volume remains below last year's pace, this isn't necessarily cause for concern.
The market is continuing its transition away from the rapid pace seen in 2024 and early 2025. Buyers today are more deliberate, often viewing multiple properties before making an offer. Increased inventory has reduced the urgency that characterized the market over the past two years.
Year-to-date sales now sit at 3,531 detached homes, down 14.55% from 2025. While fewer transactions are occurring, price growth remains positive, demonstrating that buyer demand still exists—just at a more measured pace.
💰 Average Sale Prices Continue to Climb
One of the most encouraging trends in the May report is continued price appreciation.
The average detached home sold for $583,000 in May 2026, representing a 4.69% increase compared to May 2025. This is one of the strongest year-over-year price gains we've seen so far in 2026.
The year-to-date average sale price now stands at $571,000, up 1.51% from last year.
These numbers suggest that while buyers are taking longer to purchase, they remain willing to pay premium prices for homes that are:
For homeowners considering selling, this continued appreciation is excellent news.
💬 Ask-to-Sell Ratio Shows More Negotiation
The average ask-to-sell ratio in May was 0.987, down from 1.000 in May 2025.
This means homes are selling for approximately 98.7% of their asking price.
While this remains a healthy ratio, it clearly shows that buyers have regained some negotiating power compared to last year.
Today's buyers are:
This creates a more balanced market overall.
⏳ Days on Market Increase Significantly
One of the biggest changes in the May report is the increase in selling times.
Detached homes took 54 days on average to sell in May 2026, compared to 39 days in May 2025, representing a substantial 38.46% increase.
Year-to-date, homes are averaging 63 days on market, compared to 48 days last year.
This doesn't mean homes aren't selling—it means buyers are taking more time to evaluate their options.
For sellers, this trend reinforces the importance of:
📈 Year-to-Date Comparison (2026 vs 2025)
The year-to-date numbers provide a broader perspective on how Edmonton's detached market is performing in 2026.
| Metric | 2026 YTD | 2025 YTD | % Change |
| Sold Properties | 3,531 | 4,132 | ▼ 14.55% |
| Average Asking Price | $627,000 | $620,000 | ▲ 1.21% |
| Average Sale Price | $571,000 | $562,000 | ▲ 1.51% |
| New Listings | 7,030 | 6,870 | ▲ 2.40% |
| Days on Market | 63 | 48 | ▲ 31.25% |
| Ask-to-Sell Ratio | 0.986 | 1.000 | ▼ 1.33% |
🧠 What This Means for Buyers
The May market presents several advantages for buyers:
Opportunities
✅ More inventory
✅ Stable pricing
✅ More negotiation leverage
✅ Less urgency than 2025
Challenges
⚠️ Higher interest rates than recent years
⚠️ Desirable homes still attract strong interest
⚠️ Quality inventory can sell quickly
💼 What This Means for Sellers
Sellers continue to benefit from:
✔ Rising average sale prices
✔ Strong buyer demand in key neighbourhoods
✔ Limited supply in certain price ranges
However, sellers must adapt to a market where:
The homes that sell fastest are typically the ones that are priced correctly from day one.
🔮 Outlook for Summer 2026
Looking ahead to June and July, several trends are likely to continue:
Overall, Edmonton remains one of Canada's most affordable major cities, and detached homes continue to offer excellent long-term value.
New construction detached homes remain a significant part of Edmonton's housing market, offering buyers modern designs, energy-efficient construction, warranty protection, and access to valuable financial incentives. Comparing May 2026 to May 2025 reveals a market that remains active, although builders are facing longer selling times and slightly softer pricing than last year.
In May 2026, there were 121 new construction detached homes sold, compared to 113 in May 2025, representing a 7.08% increase in sales volume.
This increase demonstrates that buyers continue to see value in newly built homes despite a more balanced market environment.
One of the biggest changes in the new construction segment is the increase in days on market.
| Metric | May 2026 | May 2025 |
|---|---|---|
| Average DOM | 78 Days | 63 Days |
| Median DOM | 79 Days | 59 Days |
| Fastest Sale | 0 Days | 3 Days |
| Longest Sale | 284 Days | 206 Days |
The increase in selling times reflects:
While homes are taking longer to sell, the fact that some homes sold immediately demonstrates that properly priced inventory in desirable communities continues to move quickly.
| Metric | May 2026 | May 2025 | Change |
|---|---|---|---|
| Average List Price | $624,482 | $629,637 | ▼ 0.82% |
| Median List Price | $589,900 | $609,900 | ▼ 3.28% |
Builders have adjusted pricing slightly to remain competitive as inventory levels increase and buyers gain more choices.
| Metric | May 2026 | May 2025 | Change |
|---|---|---|---|
| Average Sale Price | $616,219 | $623,093 | ▼ 1.10% |
| Median Sale Price | $580,000 | $604,998 | ▼ 4.13% |
Although prices softened modestly, Edmonton's new construction market continues to maintain strong values compared to historical averages.
Despite slightly lower average prices, overall sales volume actually increased.
| Year | Total Sales Volume |
|---|---|
| 2026 | $74,562,506 |
| 2025 | $70,409,613 |
This represents an increase of approximately 5.90% year-over-year.
This tells us that while builders may be making small pricing adjustments, buyers are still actively purchasing new construction homes throughout Edmonton.
📞 Thinking About Buying or Selling?
Whether you're looking to buy your first home, sell your current property, or explore new construction opportunities, having the right strategy makes all the difference.
📱 Call or text Chris Reid at 780-717-5267
🌐 Visit chrisreidedmonton.com
Let's build a customized plan for your real estate 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.
If you would like more information on buying and selling single family homes in Edmonton CONTACT CHRIS REID
City of Edmonton Website
The Parkland County acreage market continued to navigate a period of adjustment in May 2026. While sales activity remained lower than the exceptionally strong market we experienced in 2025, acreage values have remained remarkably resilient. Inventory levels continue to be lower than last year, and sellers who are pricing strategically are still attracting serious buyers.
As we move into the summer market, buyers and sellers alike are watching inventory levels, pricing trends, and days on market to gauge where the acreage market is headed next.
If you're considering buying or selling an acreage in Parkland County, understanding the latest statistics can help you make informed decisions.
📞 Thinking about making a move? Contact Chris Reid at (780) 717-5267 for expert advice on the Parkland County acreage market.
📊 May 2026 Market Snapshot
According to the May 2026 Rural Parkland County Market Update :
While sales volume has slowed compared to the same period last year, buyers are still paying very close to asking price, and inventory remains lower than historical levels.
Below Graphs Are Interactive
📦 Inventory Levels Continue to Tighten
New listings continue to trend lower than last year.
In May:
Year-to-date:
Why Inventory Matters
Lower inventory means:
The acreage market remains significantly undersupplied compared to 2025.
📉 Average Asking Prices Adjust Slightly
The average asking price in May was $874,000, down 4.67% from May 2025.
However, on a year-to-date basis, asking prices remain higher than last year:
| Average Asking Price |
| 2026 YTD: $940,000 |
| 2025 YTD: $898,000 |
| Change: ↑ 4.66% |
This suggests sellers remain confident in the long-term value of their properties but may be making small adjustments to attract buyers in a slower market.
🏡 Sales Activity Remains Below Last Year's Pace
May recorded 37 acreage sales, down 33.93% compared to May 2025. Year-to-date, Parkland County has recorded 123 sales, compared to 189 sales during the same period in 2025, representing a 34.92% decline.
At first glance, these numbers may seem concerning. However, it's important to remember that 2025 was one of the busiest acreage markets we've seen in recent years. Today's market is still active—it simply reflects a return to more normalized sales levels.
What This Means:
💰 Average Sale Prices Show Stability
The average sale price in May 2026 was $732,000, a 9.03% decrease from May 2025.
However, the bigger picture tells a more balanced story:
| Year-to-Date Average Sale Price |
| 2026: $771,000 |
| 2025: $777,000 |
| Change: ↓ 0.67% |
Despite lower sales activity, average values have remained remarkably stable throughout 2026. A decline of less than 1% year-to-date suggests acreage values are holding up well despite changing market conditions.
Why This Matters
This indicates that:
🔥 Buyers Are Still Paying Near Asking Price
One of the strongest indicators in this month's report is the ask-to-sell ratio.
May's ratio came in at 0.990, meaning sellers received approximately 99% of their asking price on average.
Year-to-date:
| Ask-to-Sell Ratio |
| 2026: 0.985 |
| 2025: 0.985 |
This tells us:
⏱️ Days on Market Increase
Properties sold in an average of 62 days, a 24% increase from May 2025.
Year-to-date:
| Days on Market |
| 2026: 74 days |
| 2025: 70 days |
| Change: ↑ 5.71% |
What This Means
Buyers are spending more time:
This isn't necessarily a sign of weakness. Acreage purchases often involve additional considerations such as septic systems, wells, zoning, and outbuildings.
📊 Year-to-Date Comparison (January–May)
| Metric | 2026 YTD | 2025 YTD | % Change |
| Sold Properties | 123 | 189 | ↓ 34.92% |
| New Listings | 266 | 342 | ↓ 22.22% |
| Average Asking Price | $940K | $898K | ↑ 4.66% |
| Average Sale Price | $771K | $777K | ↓ 0.67% |
| Days on Market | 74 | 70 | ↑ 5.71% |
| Ask-to-Sell Ratio | 0.985 | 0.985 | 0.05% |
(Source: May 2026 Rural Parkland County Market Update)
🧭 What This Means for Buyers
If you're looking to purchase an acreage:
✅ Inventory remains lower than last year.
✅ Competition is manageable compared to 2025.
✅ Prices have remained relatively stable.
✅ Buyers have slightly more time to evaluate properties.
This can be an excellent opportunity to secure a rural property before inventory tightens further.
🏡 What This Means for Sellers
For sellers, there is still plenty of opportunity:
✅ Inventory remains limited.
✅ Buyers are paying close to asking price.
✅ Property values have remained stable.
✅ Well-marketed acreages continue to attract serious interest.
The key is pricing strategically and showcasing your property's best features.
🌾 Final Thoughts
The May 2026 Parkland County acreage market reflects a shift toward a more balanced and sustainable market.
While sales activity remains below last year's pace, the fundamentals remain strong:
✔️ Acreage values are holding steady.
✔️ Inventory remains limited.
✔️ Buyers continue to pay close to asking price.
✔️ Rural lifestyle demand remains strong.
For buyers and sellers alike, Parkland County continues to be one of the most desirable acreage markets in the Edmonton region.
📞 Let's Talk Acreages
Whether you're buying, selling, or simply curious about your property's current value:
Chris Reid
Century 21 Leading
📱 (780) 717-5267
📧 creid@chrisreidedmonton.com
Specializing in Parkland County acreages, rural homes, hobby farms, and country residential properties.
Specializing in Parkland County acreages and rural real estate.
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.
If you would like more information on buying and selling in Parkland County CONTACT CHRIS REID
As we move deeper into the spring market, Edmonton real estate continues to demonstrate resilience despite shifting market conditions. While overall sales activity remains below the exceptional pace we saw in 2025, home prices continue to rise, inventory levels are expanding, and buyers are gaining more options than they've had in several years.
The May 2026 statistics paint a picture of a market that is becoming more balanced. Buyers are taking longer to make decisions, sellers are facing increased competition, and negotiation is becoming a more important part of the transaction process. Yet despite these changes, Edmonton remains one of Canada's most affordable and stable major real estate markets.
Let's take a closer look at what happened in May and what it means for buyers, sellers, investors, and those considering new construction.
Edmonton Market Snapshot – May 2026
According to the latest REALTORS® Association of Edmonton statistics:
Compared to May 2025, sales activity declined while pricing continued to strengthen. New inventory remained elevated, creating additional opportunities for buyers while increasing competition among sellers.
A total of 315 new construction homes sold in May 2026, compared to 268 sales in May 2025.
| Metric | May 2026 | May 2025 | % Change |
|---|---|---|---|
| New Construction Sales | 315 | 268 | ↑ 17.54% |
This increase is particularly noteworthy because overall Edmonton resale sales were lower year-over-year. It shows that buyers continue to be attracted to the benefits of new construction, including:
Many buyers who might traditionally have purchased resale homes are continuing to explore new construction due to the wider variety of products available across Edmonton and surrounding communities.
Despite the increase in sales volume, pricing softened modestly.
| Year | Average Sale Price |
|---|---|
| 2026 | $555,567 |
| 2025 | $576,442 |
Change: ↓ 3.62%
| Year | Median Sale Price |
|---|---|
| 2026 | $530,000 |
| 2025 | $566,250 |
Change: ↓ 6.40%
The decline in average and median prices doesn't necessarily indicate weakness in the market. Instead, it likely reflects a changing product mix.
Builders are increasingly offering:
These more affordable options are helping buyers enter the market despite ongoing affordability concerns.
One of the most dramatic changes occurred in marketing times.
| Metric | 2026 | 2025 |
|---|---|---|
| Average Days on Market | 75 | 58 |
| Median Days on Market | 71 | 50 |
Builders are still selling homes, but buyers are taking longer to make decisions.
Several factors may be contributing:
This trend mirrors what we're seeing in the broader Edmonton market, where buyers have become more patient and selective.
Below Graphs Are Interactive.
New Listings Increase Buyer Choice
Inventory continues to build across the Edmonton market.
May saw 3,650 new listings hit the market, while year-to-date listings reached 13,700 properties, up 2.34% compared to 2025.
This increase in inventory creates several benefits for buyers:
For sellers, increasing inventory means presentation, pricing, and marketing are becoming more important than ever.
Average Asking Prices Remain Strong
The average asking price in May was $487,000, up 1.60% year-over-year. Year-to-date, average asking prices have increased 1.51%, reaching $485,000.
Seller confidence remains high, but we're also seeing more realistic pricing strategies than we saw during the peak of the seller's market.
Today's sellers recognize that buyers have more options and are more selective. As a result, accurate pricing is becoming increasingly important.
Homes that are priced correctly continue to attract strong interest, while overpriced properties are often remaining on the market longer and requiring adjustments.
Home Sales Continue to Normalize
A total of 1,653 homes sold in Edmonton during May 2026, representing a 17.76% decrease compared to May 2025. While this may initially seem concerning, context is important.
The first half of 2025 was characterized by unusually strong demand, fuelled by tight inventory, migration into Alberta, and buyers attempting to get ahead of potential interest rate changes. Those conditions created exceptionally high sales volumes that are difficult to match.
What we're seeing in 2026 is a more sustainable pace of activity. Buyers are still active, but they're taking more time to evaluate properties, negotiate terms, and compare options before making a purchase.
This shift is healthy for the long-term stability of the Edmonton market.
Average Sale Price Reaches New Highs
One of the most encouraging statistics in the May report is the continued rise in home values.
The average sale price increased to $457,000, representing a 5.33% increase compared to May 2025. Year-to-date, the average sale price now sits at $450,000, which is 3.32% higher than the same period last year.
This demonstrates that despite lower transaction volume, demand remains strong enough to support continued price appreciation.
Several factors are helping drive these values:
For homeowners, this means equity continues to grow. For buyers, it reinforces the importance of entering the market before prices climb further.
Ask-to-Sell Ratio Shows Increased Negotiation
The average ask-to-sell ratio in May was 0.982, meaning homes sold for approximately 98.2% of their asking price.
Year-to-date, the ratio sits at 0.980 compared to 0.993 during the same period in 2025.
While this change appears small, it reflects a meaningful shift in market dynamics.
Buyers now have:
This doesn't mean sellers are losing value—it simply means pricing strategy matters more than ever.
Days on Market Remain Elevated
The average days on market in May was 58 days, an increase of 41.46% compared to May 2025. Year-to-date, homes are taking an average of 68 days to sell compared to just 49 days last year.
This statistic reflects one of the most significant shifts we've seen throughout 2026.
While homes are still selling, buyers have become more deliberate. They are taking additional time to evaluate neighbourhoods, compare listings, and negotiate terms.
For sellers, this means patience and proper pricing are increasingly important.
Year-to-Date Comparison: 2026 vs 2025
| Metric | 2026 YTD | 2025 YTD | % Change |
| Sold Properties | 6,650 | 8,080 | ↓ 17.69% |
| Average Asking Price | $485,000 | $477,000 | ↑ 1.51% |
| Average Sale Price | $450,000 | $436,000 | ↑ 3.32% |
| New Listings | 13,700 | 13,300 | ↑ 2.34% |
| Days on Market | 68 | 49 | ↑ 38.78% |
| Ask-to-Sell Ratio | 0.980 | 0.993 | ↓ 1.30% |
What This Means for Buyers
If you're looking to purchase a home in Edmonton, current conditions may offer the best opportunities we've seen in several years.
Buyers have:
However, home prices continue to trend upward. Waiting may provide additional inventory choices, but it may also mean paying more for the same property later.
What This Means for Sellers
For sellers, the market remains healthy—but strategy matters.
Homes that are professionally marketed, priced appropriately, and presented well continue to achieve excellent results.
The difference is that buyers now have more options. Standing out from the competition is more important than ever.
Looking Ahead to Summer 2026
As we move into June and July, we expect:
Edmonton continues to benefit from strong fundamentals, including affordability, migration, employment growth, and investor interest.
These factors should help support the market throughout the remainder of 2026.
Final Thoughts
The May 2026 report reinforces a trend we've been tracking throughout the year: Edmonton is transitioning toward a balanced market.
Sales are lower than last year, but prices continue to rise.
Inventory is increasing, giving buyers more options.
Negotiation is returning, creating opportunities on both sides of the transaction.
Overall, Edmonton remains one of Canada's strongest and most stable real estate markets.
If you're considering buying, selling, investing, or exploring new construction opportunities, I'd be happy to help you create a strategy tailored to today's market.
📞 Call or text Chris Reid at (780) 717-5267
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.
Looking to buy or sell in Edmonton? CONTACT CHRIS REID
City of Edmonton Website
The Edmonton condo market continued its transition through May 2026, with sales activity remaining below last year's pace while inventory levels and pricing remained relatively stable. As we move deeper into the spring market, buyers continue to benefit from increased selection and negotiating opportunities, while sellers face a more competitive environment than we saw throughout much of 2024 and early 2025.
The latest numbers show a market that is balancing itself. While transaction volume remains down, condo values have held remarkably steady considering the increased inventory and longer selling times. For buyers, sellers, and investors alike, understanding these trends is essential when making real estate decisions in today's Edmonton condo market.
May 2026 Edmonton Condo Market Snapshot
| Metric | May 2026 | Change vs May 2025 |
|---|---|---|
| Sold Properties | 311 | -18.59% |
| Average Asking Price | $232,000 | +1.86% |
| New Listings | 760 | -7.09% |
| Days on Market | 74 | +29.82% |
| Average Sale Price | $200,000 | -4.32% |
| Ask-to-Sell Ratio | 0.964 | -0.56% |
Bar Graphs Below Are Interactive
Inventory Remains Elevated
There were 760 new condo listings in May, down 7.09% from the same month last year. While listings declined year-over-year, inventory levels remain healthy overall. Buyers continue to enjoy more selection than they did during much of 2024 and early 2025.
More inventory creates opportunities for:
The increased choice means buyers can be more selective and negotiate more confidently than they could a year ago.
Sellers Are Maintaining Price Expectations
The average asking price rose to $232,000, representing a 1.86% increase compared to May 2025. This tells us that sellers remain confident in the value of their properties despite softer sales activity.
Interestingly, asking prices have increased while sale prices have softened slightly. This creates a larger negotiation gap between buyers and sellers and reinforces the importance of accurate pricing.
Today's buyers are well-informed and often compare multiple units before making a decision. Sellers who price aggressively above market value may find their property sitting longer than expected.
Condo Sales Continue to Lag Behind 2025
A total of 311 condos sold in Edmonton during May 2026, representing an 18.59% decrease compared to May 2025. While this continues the trend of lower transaction volume we've seen throughout the first half of the year, it is important to note that sales activity remains relatively consistent with recent months. The monthly sales chart in the report shows a gradual improvement from the winter slowdown, even though sales remain below the exceptionally strong numbers recorded in 2025.
For buyers, this means less competition than we experienced a year ago. Multiple-offer situations still occur on desirable properties, but they are far less common than they were during Edmonton's stronger seller's market conditions. For sellers, attracting buyers requires competitive pricing and excellent presentation.
Condo Prices Remain Surprisingly Stable
The average sale price for an Edmonton condo in May 2026 was $200,000, down 4.32% from May 2025. While any decline in pricing catches attention, the broader picture suggests stability rather than weakness.
The sales price trend shown in the report demonstrates that condo values have remained within a relatively narrow range over the past several years. In fact, the year-to-date average sale price remains only slightly lower than last year despite significantly reduced sales activity. This indicates that Edmonton's condo market continues to benefit from affordability and steady demand.
For investors, this is particularly encouraging. Stable pricing combined with Edmonton's strong rental demand continues to make apartment-style condos attractive investment opportunities.
Ask-to-Sell Ratio Remains Healthy
The average ask-to-sell ratio sits at 0.964, meaning sellers are receiving approximately 96.4% of their asking price. This is only slightly below last year's figure and demonstrates that buyers and sellers remain relatively aligned on value.
A ratio above 95% is generally considered healthy and indicates a balanced market rather than one heavily favouring either buyers or sellers.
Days on Market Continue to Increase
The average days on market was 74 days, an increase of 29.82% compared to May 2025. This remains one of the most significant trends in Edmonton's condo market.
Properties are taking longer to sell because:
The good news for sellers is that properly priced condos are still moving. Many of the longer-selling properties tend to be those that entered the market overpriced.
Below is a summary of the year-to-date condo statistics for 2026 compared to 2025.
| Metric | 2026 YTD | 2025 YTD | % Change |
|---|---|---|---|
| Sold Properties | 1,295 | 1,621 | -20.11% |
| Average Asking Price | $236,000 | $237,000 | -0.52% |
| New Listings | 3,008 | 3,030 | -0.73% |
| Days on Market | 84 | 68 | +23.53% |
| Average Sale Price | $210,000 | $211,000 | -0.68% |
| Ask-to-Sell Ratio | 0.961 | 0.968 | -0.75% |
What This Means for Buyers
May continues to present excellent opportunities for buyers.
Current market conditions offer:
For first-time buyers, Edmonton remains one of Canada's most affordable major cities for condominium ownership. Buyers who have been waiting for a calmer market may find 2026 offers some of the best opportunities we've seen in recent years.
What This Means for Sellers
Sellers can still achieve successful results, but the strategy has changed.
The most successful condo listings are:
The days of simply listing a condo and expecting immediate offers have largely passed. Today's buyers have choices and are taking their time.
Edmonton Condo Market Outlook for Summer 2026
Looking ahead to June and July, we expect:
The Edmonton condo market remains balanced. While sales volumes are lower than last year, pricing has proven remarkably resilient, suggesting long-term stability rather than market weakness.
Thinking About Buying or Selling a Condo?
Whether you're purchasing your first condo, downsizing, or building your investment portfolio, understanding the local market is critical to making smart decisions.
📞 Call or text Chris Reid at (780) 717-5267
I'd be happy to discuss your goals and help you navigate Edmonton's condo market with confidence.
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
The spring market continued to gain momentum in May, but the numbers tell an interesting story for Spruce Grove homeowners and buyers. While sales remained below last year's pace, home prices showed signs of stabilization, inventory remained healthy, and buyers continued to enjoy more negotiating power than they had throughout much of 2024 and 2025.
As we move toward the busy summer market, Spruce Grove remains one of the most attractive communities in the Edmonton region thanks to its family-friendly neighbourhoods, strong amenities, and relative affordability compared to many surrounding markets.
Let's take a closer look at what happened in May 2026.
📊 May 2026 Market Snapshot
According to the May 2026 Spruce Grove Local Market Update:
Year-to-date through May:
The new construction market in Spruce Grove remained active throughout May 2026, with builders continuing to attract buyers despite a more balanced overall housing market. In fact, 24 new construction homes sold in May 2026, compared to 21 sales in May 2025, representing a 14.3% increase in sales volume.
While more newly built homes sold this year, pricing trends tell an interesting story. The average sale price for new construction homes in May 2026 was $533,630, down slightly from $546,847 in May 2025, a decrease of approximately 2.4%. This could be due to a change in available product type.
Builders also adjusted pricing expectations. The average list price declined from $554,212 in May 2025 to $537,488 in May 2026, while the median list price dropped from $560,000 to $512,900. These changes indicate that builders are responding to market conditions by offering products at more accessible price points, helping maintain sales activity despite longer decision-making timelines from buyers.
Interestingly, the upper end of the market remains healthy. The highest-priced new construction home sold in May 2026 reached $793,000, compared to $750,000 in May 2025, while the highest listing price climbed to $835,000, demonstrating continued demand for premium and luxury new build homes in select Spruce Grove communities.
One of the biggest changes occurred in marketing times. New construction homes took an average of 72 days to sell in May 2026, compared to 51 days in May 2025. Some homes remained on the market for as long as 193 days, highlighting increased competition among builders and a buyer pool that is taking more time to evaluate options.
Despite softer pricing metrics, total dollar volume actually increased. New construction sales generated $12.8 million in total sales volume during May 2026, compared to $11.5 million in May 2025. This reflects the higher number of transactions and demonstrates that demand for newly built homes in Spruce Grove remains strong.

The below graphs are interactive
📦 New Listings: Inventory Levels Remain Healthy
May brought 167 new listings to the market, representing a 13.47% decrease from May 2025. However, the year-to-date story looks quite different. Total listings for 2026 now sit at 729 properties, virtually unchanged from the 728 listings recorded during the same period last year.
This tells us inventory remains healthy overall despite a slower May.
For buyers, this means there are still plenty of options available. For sellers, it means competition remains strong and presentation matters more than ever.
💰 Average Asking Price: Stability Returns
The average asking price in May 2026 reached $507,000, representing a 2.76% increase compared to May 2025. This is one of the more encouraging signs in the report and suggests seller confidence remains relatively strong.
However, when we zoom out to the year-to-date numbers, the average asking price sits at $503,000, which is 1.05% lower than 2025's YTD average.
The takeaway?
Pricing appears to be stabilizing after several months of downward pressure. Sellers are adjusting expectations, but values remain resilient.
🏠 Sales Activity: Spring Demand Continues
Spruce Grove recorded 109 sales in May 2026, a 5.22% decrease compared to May 2025. While sales remain below last year's pace, the gap has narrowed considerably compared to earlier months this year.
Year-to-date, 450 homes have sold, down 9.09% from the 495 sales recorded during the same period in 2025. While buyer activity remains somewhat softer than last year, demand is still present and steady.
The market appears to be settling into a more balanced pattern where buyers are active but less likely to make rushed decisions.
📈 Average Sale Price: A Positive Monthly Rebound
One of the strongest indicators in the May report is the average sale price, which climbed to $476,000, representing a 3.01% increase over May 2025.
This is the first significant positive year-over-year increase we've seen in several months and may indicate that buyer confidence is beginning to improve.
Despite this monthly gain, the year-to-date average sale price remains slightly lower at $471,000, down 1.35% from 2025.
This suggests the market may be finding its footing after a period of normalization earlier in the year.
⚖️ Ask-to-Sell Ratio: Negotiation Still Present
The average ask-to-sell ratio was 0.991, meaning homes sold for approximately 99.1% of their asking price.
Year-to-date, the ratio sits at 0.990, compared to 1.003 in 2025.
This confirms that buyers continue to have more negotiating power than they did during the highly competitive market conditions of previous years.
That said, homes that are properly priced and marketed are still achieving excellent results.
⏳ Days on Market: Buyers Continue Taking Their Time
Homes sold in an average of 55 days during May, which is 48.65% longer than May 2025.
Year-to-date, the average sits at 66 days, compared to just 50 days during the same period in 2025.
This remains one of the most important trends in the market:
While the market remains active, urgency has largely disappeared.
📊 Year-to-Date Comparison: 2026 vs. 2025
| Metric | 2026 YTD | 2025 YTD | % Change |
| Sold Properties | 450 | 495 | ↓ 9.09% |
| Average Asking Price | $503,000 | $509,000 | ↓ 1.05% |
| Average Sale Price | $471,000 | $477,000 | ↓ 1.35% |
| New Listings | 729 | 728 | ↑ 0.14% |
| Days on Market | 66 | 50 | ↑ 32.00% |
| Ask-to-Sell Ratio | 0.990 | 1.003 | ↓ 1.26% |
Source: May 2026 Spruce Grove Local Market Update
🏡 What This Means for Buyers
The current market continues to favour prepared buyers.
Buyer Advantages
✔ More negotiating power
✔ Less competition than 2025
✔ Stable inventory levels
✔ More time to evaluate homes
If you've been waiting for a more balanced market, Spruce Grove continues to offer excellent opportunities heading into summer.
💡 What This Means for Sellers
For sellers, success in 2026 is all about strategy.
Seller Tips
✔ Price according to current market conditions
✔ Invest in professional photography and marketing
✔ Ensure your home is move-in ready
✔ Be prepared for negotiations
The good news? Homes are still selling, and average sale prices actually increased in May.
🌇 Why Spruce Grove Continues to Attract Buyers
Spruce Grove remains one of Alberta's most desirable suburban communities because of its:
For many buyers, Spruce Grove offers an exceptional balance between affordability, lifestyle, and long-term value.
📞 Thinking About Buying or Selling in Spruce Grove?
Whether you're buying your first home, upgrading, downsizing, or investing, understanding local market trends can help you make better decisions.
I'd love to help you navigate the Spruce Grove market.
📱 Christina Reid, REALTOR®
📞 (780) 717-5267
📧 creid@chrisreidedmonton.com
🌐 chrisreidedmonton.com
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.