Market Update

May: Absorption Rate

Here is a snapshot of the listing absorption rate for Edmonton-area market for May 2025.

After a very active spring market, we are seeing the typical slowdown into summer. Overall the market remains balanced, perhaps slightly favouring sellers of desirable, well priced single family houses and slightly favouring buyers of apartment style condominium homes.

I find that it's best to take all statistics with a grain of salt. Call me if you'd like better information with respect to your specific situation.

May: Average Time to Sell

This chart shows the Average Days On Market for properties reported as sold in May 2025 in the Edmonton MLS System®.

The spring market in the Alberta capital region has been steady but it is now showing signs of entering the traditionally slower summer period. The average days on market has risen slightly, though there is still competition for desirable, well priced homes. 

I find that things are never as simple as the statistics or averages would seem to make them. Is this a good time to buy or sell? If you would like to discuss your current situation, let's chat.

May: Market at a Glance

Here is a snapshot of the recent average prices in the Edmonton area based on sales reported for May 2025 in the Edmonton MLS System®.

This chart shows that we continue to see average prices that are higher on a year over year basis in every housing category. May was a busy month, but there are indications that the Edmonton real estate market is entering it's traditional summer slowdown. If you need help planning or would like a more detailed analysis for your home or property needs, let me know!