Sectors / neighbourhoods
Downtown Edmonton, from the ICE District towers to the warehouse lofts of The Quarters, is the region's most…
West Edmonton stretches from mature neighbourhoods around West Edmonton Mall to newer family communities pushing…
South Edmonton is the city's fastest-growing detached-home territory, where master-planned communities such as…
North Edmonton, neighbourhoods like Castle Downs, Griesbach and the communities along 97 Street, is where many…
Northeast Edmonton, Clareview, Hermitage, McConachie and the growing communities near Manning Drive, offers some of…
Southeast Edmonton, The Meadows, Laurel, Tamarack and the lake community of Summerside, is one of the city's busiest…
The St. Albert Area sits just northwest of Edmonton as its own city, prized for top-ranked schools and family…
By profession
The Edmonton real estate market — Aug 2026
- Reference price (Aug 2026)
- $426,900 (-0.6%)
- Average price
- $469,602 (+1.8%)
- Market conditions
- Seller's market · 3.8 months
- Sales (Aug 2026)
- 2,143 transactions (-9.8%)
- Avg. days on market
- 41 days
- Detached
- $589,384 (+0.8%)
- Semi-detached
- $423,341 (-2.6%)
- Townhouse
- $313,193 (-0.5%)
- Apartment
- $225,842 (+3.4%)
Edmonton is one of Canada's most affordable major-city markets, and its low entry point draws first-time buyers and interprovincial movers.
In August 2026, the MLS® benchmark price in Edmonton stood at $426,900, down 0.6% year over year. The average price, all property types combined, was $469,602 (+1.8% year over year). By property type: detached $589,384 (+0.8%), semi-detached $423,341 (−2.6%), townhouse $313,193 (−0.5%), and apartment $225,842 (+3.4%). There were 2,143 sales during the month, 9.8% fewer than a year earlier. With 3.8 months of inventory, it is a seller's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Homes in Edmonton took an average of 41 days to sell. Source: REALTORS Association of Edmonton (RAE), August 2026.
Edmonton rewards buyers who use its affordability strategically: with detached homes well below the national average, a single income can still reach ownership, and condos offer an even lower entry point. Buyers can — and should — take time to inspect and compare. Knowing which Greater Edmonton community fits a commute and a budget, from St. Albert to the southeast, is where a verified local expert proves their value.
Affordable does not mean simple — a strong mortgage broker and a thorough inspection protect a first purchase. Payotte lists one verified professional per sector across Edmonton's 7 covered districts, ranked on Google reviews, experience and an active licence (RECA, the Law Society of Alberta, the Appraisal Institute of Canada). One verified reference per neighbourhood, free, ad-free and commission-free.
How Payotte selects
For every sector, Payotte publishes a single professional per profession — the highest-scoring on its 100-point grid (Google reviews 35, experience 30, active provincial licence 15, local presence 15, bonus 5). No paid placement, no ads, no commissions.
Frequently asked questions
What is the average home price in Edmonton in 2026?
In August 2026, the MLS® benchmark price in Edmonton stood at $426,900, down 0.6% year over year. The average price, all property types combined, was $469,602 (+1.8% year over year). By property type: detached $589,384 (+0.8%), semi-detached $423,341 (−2.6%), townhouse $313,193 (−0.5%), and apartment $225,842 (+3.4%). Source: REALTORS Association of Edmonton (RAE), August 2026.
Is Edmonton a buyer's or seller's market?
With 3.8 months of inventory, it is a seller's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Homes in Edmonton took an average of 41 days to sell. Source: REALTORS Association of Edmonton (RAE), August 2026.
How fast do homes sell in Edmonton?
Homes in Edmonton took an average of 41 days to sell. With 3.8 months of inventory, it is a seller's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Source: REALTORS Association of Edmonton (RAE), August 2026.
How does Payotte choose the expert for a sector?
On a 100-point scale (Google reviews 35, experience 30, active licence 15, local presence 15, bonus 5). Only the highest-scoring verified professional is listed per sector.
Source : REALTORS Association of Edmonton (RAE) · Greater Edmonton Area (GEA) · 2026-08 — figures updated with each board release.
The Edmonton market pulse, every month
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Other cities in Alberta
- Calgary — 8 sectors
- Red Deer — 1 sector
- Lethbridge — 1 sector
- Fort McMurray — 1 sector
- Airdrie — 1 sector
- Grande Prairie — 1 sector
- Medicine Hat — 1 sector