Market Update

July: Market at a Glance

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

This chart shows that we continue to see average prices that are slightly higher on a year over year basis in every housing category. Generally prices are holding steady, but we definitely saw less activity in July as we settled in to the traditionally slower summer period. If you need help planning or would like a more detailed analysis for your home or property needs, let me know!

June: Absorption Rate

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

We are enjoying a nice summer and are definitely seeing 'normal' summer market conditions. The current market does not really favour buyers or sellers, but there is still strong interest 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.

June: Average Time to Sell

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

We have entered the slower summer market period in Edmonton. Prices seem to be holding steady, but there is less activity than there was a few months ago. Nonetheless we are still seeing strong demand for desirable, well priced homes and multiple offers are not uncommon in certain segments and areas. 

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.