Market Update

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.

June: Market at a Glance

Here is a snapshot of the recent average prices in the Edmonton area based on sales reported for June 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. Although prices are holding steady, we definitely saw less activity in June as we came out of the busy spring market and settled in to summer. If you need help planning or would like a more detailed analysis for your home or property needs, let me know!

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.