Market report · July 2026
Edmonton housing market: July 2026
The median home price in Greater Edmonton in July 2026 was $447,000, rose 2.2% year over year. 2,535 homes sold with 3.2 months of supply — a balanced market.
Josh & Jay’s video breakdown for July 2026.
Greater Edmonton spent July 2026 doing something it hasn’t done much of lately: cooling off gently. The median home sold for $447,000 — still 2.2% ahead of last summer, but easing 1.2% from June as the spring rush faded. With 2,535 sales and 3.2 months of supply, this was a genuinely balanced market: not the frenzy of April, not a buyer’s bonanza, just a fairer fight than Edmonton has seen in a while.
Where prices landed
At $447,000, the typical Edmonton home is up 2.2% from a year ago but down 1.2% from June — the kind of summer breather that’s normal once families settle before the school year. The average ($475,079) sits well above the median, a reminder that a few high-end sales can flatter the headline number.
The story is really about type. A detached home ran about $531,050 and actually slipped 0.7% on the year, while apartments held near $195,000 and townhouses around $295,000. If a detached home feels like a stretch right now, the attached market is where a lot of buyers are quietly getting in.
Median price · last 24 months
Supply and demand
Inventory is up a striking 17.8% year over year — 8,135 homes on the market — while sales ran 11% behind last July. More choice, a little less urgency. New listings (4,258) were essentially flat, so the extra selection is coming from homes taking slightly longer to sell rather than a flood of new supply.
Homes took about 39 days to sell, six days longer than a year ago. At 3.2 months of supply the market is balanced — which, after years tilted toward sellers, is the most buyer-friendly Edmonton has felt in some time.
Homes sold · last 12 months
The rate backdrop
Prime rate over the two years to July 2026 — what variable mortgages track, and a big driver of what buyers can afford. It was 4.45% here (Bank of Canada policy rate 2.25%). See every rate decision →
By property type
| Type | Median | MoM | YoY | Sales | Supply |
|---|---|---|---|---|---|
| Detached | $531,050 | -0.7% | -0.7% | 1,544 | 2.9 |
| Semi-detached | $418,500 | +0.6% | -1.1% | 292 | 3 |
| Row / townhouse | $295,000 | 0.0% | +1.7% | 330 | 3.4 |
| Apartment | $195,000 | -0.8% | +2.6% | 369 | 4.5 |
Source: the REALTORS® Association of Edmonton. Greater Edmonton prices use the median.
Josh’s mortgage take
Josh Tagg · Indi Mortgage
From the mortgage side, a balanced market like this is a gift of time — use it. Get a real pre-approval so you know exactly what you can carry, and lock a rate hold while you shop so a mid-search rate bump can’t change your plan. You don’t need to rush an offer this summer; you need to know your number and be ready to move on the right home.
Jay’s real-estate take
Jay Lewis · RE/MAX Excellence
From the real-estate side, more inventory means you can actually be choosy — and that’s where a builder’s eye earns its keep. I’m reading past the staging to how a home is built, and steering buyers toward value pockets like Spruce Grove, Fort Saskatchewan and St. Albert where 39 days on market means there’s room to negotiate on the right place.
Why the median? We report the median — the middle sale price, where half of homes sold for more and half for less. It reflects a typical Edmonton home better than the average, which a handful of high-end sales can pull upward.
Edmonton market FAQ
What is the average home price in Edmonton right now?
In July 2026, the median price across Greater Edmonton was $447,000 (the average was $475,079). We use the median because it better reflects a typical home than the average, which a few high sales can skew.
Is it a buyer’s or seller’s market in Edmonton?
With 3.2 months of supply in July 2026, Greater Edmonton was a balanced market. Under ~2 months favours sellers; 2–4 is balanced; above that favours buyers.
Mortgage context by Josh Tagg (Indi Mortgage); real-estate read by Jay Lewis (RE/MAX Excellence). Canonical on edmontonhome.team; also published on mortgagesforless.ca.
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