The Edmonton housing market continues to stand out as one of the most stable and affordable major cities in Canada. While markets like Toronto and Vancouver are cooling or correcting, Edmonton offers a refreshing combination of value, livability, and long-term growth potential.
📊 Home Prices – July 2025
According to the Realtors Association of Edmonton (RAE), the average residential home price in Edmonton reached $464,955 in July 2025, marking a 5.9% year-over-year increase.
Here’s how it breaks down by property type:
| Property Type | Avg Price (July 2025) | YoY Change |
|---|---|---|
| Detached Homes | $574,097 | ↑ 6.4% |
| Semi‑Detached | $439,756 | ↑ 4.1% |
| Townhouse | $309,811 | ↑ 6.7% |
| Condo Apartment | $214,789 | ↑ 1.5% |
Townhomes and duplexes are leading the price gains, driven by demand from first-time buyers, downsizers, and investors.
🏘️ Sales Activity & Market Conditions
RAE reports 2,823 home sales in July 2025- up 13.9% from the same time last year. Even with 3,570 new listings added, active inventory sits at 7,234 units, which is still below long-term averages.
- Sales-to-new-listings ratio: 79% (seller-leaning balanced market)
- Average days on market: 35 days
This reflects strong buyer demand and quick movement on well-priced properties.
🏦 Interest Rates & Buyer Affordability
The Bank of Canada held its key interest rate steady at 2.75% in its late-July announcement. While rates remain elevated, Edmonton’s relatively low home prices help buyers absorb the impact. Compared to other major cities, Edmonton still offers some of the lowest monthly mortgage payments in the country.
🌆 Why Buyers Are Choosing Edmonton in 2025
More buyers are turning to Edmonton not just for its affordability, but for its lifestyle and economic potential:
- An expanding job market in tech, trades, energy, and public service
- LRT expansion and major transit upgrades improving city access
- An increasing focus on urban infill, walkability, and green space
- Positive cash flow potential on investment properties
According to WOWA and local real estate boards, investor interest from other provinces continues to grow, especially from Ontario and British Columbia.
🔮 Outlook for Late Summer 2025
Heading into August and September, market analysts expect:
- Continued price growth for detached homes, duplexes, and townhouses
- Flat or slightly softening condo prices due to higher supply
- Ongoing migration from other provinces
- A healthy balance between demand and listings, keeping the market active without overheating
✅ Final Takeaway
Whether you’re a first-time buyer, investor, or relocating family, Edmonton remains one of the most promising and affordable markets in Canada. It offers a rare mix of economic growth, livability, and real estate opportunity—especially for those priced out of cities like Calgary, Vancouver, or Toronto.
If you’ve been waiting for the right time to make a move, this might be it.
📲 Stay Connected
Follow @albertahousingmarket for weekly breakdowns, property spotlights, and Alberta market news.
Canada Housing Market 
Leave a comment