Market Update

March: Absorption Rate

Here is a snapshot of the listing absorption rate for Edmonton-area market for March 2026.

In March we entered the spring activity period as more properties began to come to market, The winter market favoured buyers, but things are coming more into balance as spring arrives. As always, there is still strong demand for desirable, well priced 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.

March: Average Time to Sell

This chart shows the Average Days On Market for properties reported as sold in March 2026 in the Edmonton MLS System®.

The graphic shows that it continue to take about five to six weeks to sell a residential property in Edmonton (on average). Activity has been rising as spring approaches, with demand for single family homes increasing. There are indications that we may be heading into a seller's market this spring. 

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.

March: Market at a Glance

Here is a snapshot of the recent average prices in the Edmonton area based on sales reported in the Edmonton MLS System® for March 2026.

This chart shows that we have seen average prices that are a bit lower than last year for condominium style properties, but are higher for semi-detached and detached homes. Activity is increasing as the spring market gets underway, and we are are definitely seeing competition for desirable single family homes. If you need help planning or would like a more detailed analysis for your home or property needs, let me know!