Edmonton Real Estate Market – March 2025

Real Estate Market Report | Edmonton | March 2025

Strongest Growth in Years, Led by Apartments

With the looming threat of US tariffs on the horizon, homebuyers are looking to see what the final implications may be – the good news is that selling with Bōde mitigates that risk entirely by maximizing your equity, you’ll outperform traditional methods of buying and selling.  

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 March 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 is standing out as one of Canada’s strongest real estate markets, with sales up 2%, inventory down 17%, and months of supply falling 23%. Unlike other major cities, demand here remains steady, pushing benchmark prices up 10.96% year-over-year to $421,800. With only a 0.32% price increase month-over-month, growth is slowing, but Edmonton remains a more stable and balanced market than Calgary or Toronto.

Edmonton's Detached Homes

Detached home sales have dipped 5%, despite a 2% rise in new listings. The benchmark price has climbed 11.99% year-over-year, but month-over-month, it has slightly declined (-0.32%), signaling a potential pricing plateau. The segment remains relatively strong, but sellers should expect longer listing periods and firmer negotiations from buyers.

Edmonton's Apartments

Apartments are the best-performing asset class in Edmonton, with benchmark prices up 23.52% year-over-year and an impressive 4.78% month-over-month gain. Despite sales falling 12%, the lack of new listings (-28%) has led to a supply crunch driving up prices. Investors and first-time buyers are pushing condo prices to record highs, making this segment one to watch in 2025.

Edmonton's Attached Homes

Attached homes are experiencing a 39% surge in both new listings and sales, showing a strong market shift towards affordability. However, prices dipped 1.82% month-over-month, indicating that more supply is easing competition. With prices still up 10.99% year-over-year, this segment remains a favorable option for families and budget-conscious buyers.

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

Bōde sellers sell for more and save a lot

Want to Buy or Sell Your Home easily?

Welcome to Bōde

Bōde has created a marketplace to allow you to get transparent home data,  set your price, and list your home on MLS (and 1000+ more sites). We will advertise your home and walk you through the whole sale process for 1% up to a maximum of $10K, only when the home sells.

Looking to buy? Bōde empowers buyers to purchase any Bōde property – for no charge.

With your free Bōde account, you don’t need an agent – you are completely in charge of your home sale or purchase and get to keep more of the money you invested in your home!

Get started at bode.ca

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