Edmonton Real Estate Market – February 2025

Real Estate Market Report | Edmonton | February 2025

Demand Rises, Supply Shrinks

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We help provide home buyers and sellers with the data they need to be successful. When you have access to accurate and relevant data, you can be more confident in setting the price of your home and selling it or buying at the right price. 

With many important factors to consider (what kind of home you have, what community etc.), it’s important to look specifically at what the housing market is doing in your neighbourhood.  

Bōdesellers are more successful and actually make more money, on average, than the rest of the market. We are also here to make sure you have the information you need to make the decisions that are right for YOU!

So what's happening in the Edmonton real estate market as of February 2025?

Let’s start with a Macroeconomics view 

To understand what’s happening in the real estate market you have to look at supply and demand.

The best proxies for supply and demand are:

Supply

New supply: New Listings (i.e. the number of homes recently listed for sale)

Total supply: Inventory (i.e. the total number of homes listed for sale)

Demand

Sales (i.e. the number of homes recently sold)

 

Supply & Demand

Months of Supply (i.e. the number of months it would take to sell all current inventory at the current rate of sale)

 

These metrics are the best indicators of the health of the real estate market. Let’s look at what they show us.

Overall Edmonton Market

Edmonton new residential listings trend chart showing January 2025 data, highlighting 6% increase over the last five years, with lines representing annual data from 2019 to 2025.
Chart depicting Edmonton's residential sales trends from January 2019 to January 2025, highlighting a 22% increase in sales, with color-coded lines representing each year.
Edmonton residential inventory chart showing total supply trends from 2019 to January 2025, highlighting a 21% decline in inventory over the past five Januarys.
Edmonton month of supply chart for January 2025, showing trends in residential real estate supply and demand, with a 39% decrease in months of supply compared to previous years.
Edmonton real estate market price trends chart, showing benchmark price at $412,200 and index at 244 from January 2025, highlighting significant changes in residential pricing.

Over the past five Januarys, Edmonton’s real estate market has tightened considerably. Sales have surged 22%, while new listings have only increased by 6%, leading to a sharp 21% decline in inventory and a 39% drop in months of supply. This growing demand has supported price appreciation, with the benchmark price now at $412,200 and an HPI of 244. The rapid inventory decline signals strong absorption rates, particularly in the attached and apartment segments, where demand has significantly outpaced new supply.

Edmonton's Detached Homes

Edmonton detached new listings trend chart, showing January 2025 data with percentage change over the last five Januarys, highlighting declining inventory and market dynamics for real estate analysis.
Chart illustrating Edmonton detached home sales trends from January 2019 to January 2025, showing an 11% increase in sales, with color-coded lines representing each year and a blue dot indicating January 2025 data.
Edmonton detached home price trends chart showing benchmark price at $479,900 and HPI at 248 as of January 2025, with significant fluctuations since October 2018.

Detached homes in Edmonton have seen an 11% rise in sales over the past five Januarys, while new listings have increased by 9%. This suggests steady demand that is outpacing supply growth, keeping prices elevated at $479,900, with an HPI of 248. As inventory declines in the overall market, detached homes remain a competitive segment, with limited availability likely to support further price growth.

Edmonton's Apartments

Graph illustrating Edmonton apartment new listings from 2019 to 2025, highlighting a 21% decline in January listings, with various colored lines representing annual data trends against a blue background.
Edmonton apartment sales trend chart for January 2025, showing a 20% increase in sales compared to the last five Januarys, with lines representing annual sales data from 2019 to 2025.
Edmonton apartment prices graph showing benchmark price at $198,800 and HPI at 187, illustrating market trends and price stability in January 2025.

Edmonton’s apartment sector has seen new listings drop 21% over the past five Januarys, while sales have jumped 20%. This supply crunch has helped stabilize prices, with the benchmark price at $198,800 and an HPI of 187. The declining listing volumes indicate a potential supply bottleneck, which could push prices higher if demand continues to grow. Apartments are becoming an increasingly attractive option for first-time buyers and investors, given their relative affordability compared to other property types.

Edmonton's Attached Homes

Graph illustrating Edmonton's attached new listings from January 2019 to January 2025, showing trends in supply with multiple colored lines representing different years, highlighting a 40% increase in new listings.
Chart depicting Edmonton attached home sales trends from January 2019 to January 2025, highlighting a 65% increase in sales over the past five Januarys, with data points for each year and a blue background.
Graph showing Edmonton attached home prices with a benchmark price of $281,900 and an HPI index of 245, illustrating significant demand growth and price trends over time.

The attached market has seen explosive demand growth over the past five Januarys, with sales surging 65% while new listings have risen 49%. This has driven prices up to $281,900, with an HPI of 245. Townhomes and duplexes are becoming the preferred choice for buyers seeking affordability and space, especially as detached prices rise. If demand remains elevated, this segment could continue experiencing rapid appreciation.

It’s critical to understand the dynamics in your local property market


To understand your local property market you need to look at your local data. Head over to Bōde’s new and improved Market Data dashboard, the only place where you can see all the data yourself, including being able to filter on community, property type, and price range to see exactly what’s happening where you live.

 

You can also see the sold price of any home that has sold in the last 2 years using Bode’s Sold Data page.

 

If you’re thinking about selling, take a look at how Bōde helps sellers sell for 1.3% higher prices while paying 50% less commission.

Featured Listings

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Bōde sellers sell for more and save a lot

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What’s Driving Edmonton’s Real Estate Market in February 2025?

Graphic showing "1.3%" with text stating "Homes listed on Bōde sell for 1.3% more," emphasizing Bōde's value in the real estate market.
Graphic showing "9%" with text stating "Homes listed on Bōde are 9% more likely to sell than market average," emphasizing Bōde's competitive advantage in the Toronto real estate market.
50% savings for Bōde sellers on total commissions, emphasizing cost-effective real estate services.

What homeowners are saying about Bōde

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