Market Update

July: Absorption Rate

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

July brought us to the end of the busy spring market, with both buyers and sellers being active. There were more homes to choose from and more people looking. We generally saw a balanced market overall, but we still saw strong demand and multiple offers for the most desirable, well priced homes were not uncommon.

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.

July: Average Time to Sell

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

The graphic shows that the pace of sales has picked up, and it not takes about four to six weeks to sell a residential property in Edmonton (on average). Activity was strong in our spring market with demand for single family homes is particularly strong. We have seen things slow somewhat in August, but it has been an active summer nonetheless.

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.

July: 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 July 2026.

This chart shows that the sales prices of single family homes continues to rise versus last year, and prices for condominiums have slipped slightly. There is definitely strong demand, and sometimes competition, for desirable, well priced houses. If you need help planning or would like a more detailed analysis for your home or property needs, let me know!