Edmonton Real Estate Market Update — June 2026: Prices, Trends & Where Homes Are Selling

By Deep Budhiraja, REALTOR® · Realty & Radiance, MaxWell Polaris · Published July 31, 2026

Market Report · Source: REALTORS® Association of Edmonton

Edmonton’s housing market shifted gears in June 2026. Sales picked up, but a wave of new listings gave buyers something they haven’t had in a while: choice. Here’s the honest picture — the real numbers, what’s selling where, and what it means whether you’re buying or selling. All figures are from the REALTORS® Association of Edmonton (MLS®).

The headline numbers — June 2026

• Average sold price: $483,600 — down 1.6% from May, but up 4.1% year-over-year.
• MLS® HPI benchmark price: $431,300 — essentially flat month-over-month (−0.2%).
• Sales: 2,746 — up 7.5% from May (a strong month), though down 4.1% versus June 2025.
• New listings: 4,475 — and inventory is now 22.2% higher than a year ago.

That last number is the story of the summer: inventory is climbing into the double digits year-over-year. More homes on the market means more negotiating room for buyers and a market where pricing right — from day one — matters more than ever.

“While average prices dropped from a peak of just over $490,000 in May, June appears to be a peak month for the number of sales — though not enough to keep up with growing inventory. An influx of new listings over the last several months has set up this year’s market to offer plenty of choice and availability to buyers.”
— Darlene Reid, 2026 Board Chair, REALTORS® Association of Edmonton

Prices by home type

Averages tell very different stories depending on what you’re buying or selling (June 2026, REALTORS® Association of Edmonton):

• Detached homes: averaged $592,989 — down 1.9% from May, up 3.3% year-over-year.
• Semi-detached: $434,651.
• Row / townhomes: $303,117.
• Apartment condominiums: $219,190 — up 6.4% from May and 2.0% year-over-year, the strongest monthly gain of any segment.

Where premium homes are actually selling

City-wide averages are useful, but they don’t tell you what’s happening on your street. Using MLS® sold data over the last 12 months, here’s where Edmonton’s $700,000-plus detached homes have been trading hands most:

• Keswick (SW): 65 sold — median $855,000, typically in about 62 days. Edmonton’s busiest premium community.
• Windermere (SW): 57 sold — median $1,300,000, about 56 days. The city’s luxury heartland, with sales ranging past $3.8M.
• Parkview (W): 54 sold — median around $1,171,000, a brisk ~44 days.
• Glenora (central): 39 sold — median $1,200,000, the blue-chip standard.
• Chappelle (SW): 36 sold — median $794,000, a newer community offering premium homes at a more attainable entry point.

These figures reflect the $700K-plus detached segment specifically — not the whole market.

The condo picture

Condos were the momentum story of June. Across roughly the last 12 months, condos priced $300,000 and up sold at a median near $347,500, typically in about 44 days, with average monthly condo fees around $406. The most active condo communities include Wîhkwêntôwin, South Terwillegar and Downtown — and downtown buildings tend to carry higher fees, reflecting older towers with more amenities. If you’re weighing a condo, the monthly fee matters as much as the price.

What it means for you

If you’re buying: you have more choice than you’ve had in a while, and slightly softer average prices. It’s a market that rewards patience and a sharp eye — the right home at the right number is out there.

If you’re selling: with inventory up double-digits, standing out matters. Homes are taking roughly 44 to 62 days to sell depending on segment, so accurate pricing and strong presentation from day one are the difference between a quick sale and a stale listing. That’s where honest, data-backed advice earns its keep.

Curious what your home is worth today?

At Realty & Radiance, every recommendation is built on what has actually sold near you — not a guess, and never hype. If you’re thinking about your next move, we’ll put together a free, no-pressure, data-backed evaluation of your home based on real, current comparables.