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Edmonton Real Estate Market – May 2025

Real Estate Market Report | Edmonton | May 2025

Fewer Listings, Steady Sales

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.  

Bōde sellers 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 May 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’s real estate market is showing signs of quiet strength, with tight supply driving prices higher across most segments. New listings are down 2% compared to the five-year April average, while sales are virtually flat at -1%. What’s most telling is inventory: down 13% year-over-year, contributing to a 15% drop in months of supply. This tightening is supporting a firm seller’s market, where the benchmark price climbed 0.97% month-over-month and a strong 8.15% year-over-year to $431,100. While activity isn’t surging, price resilience tells the story of improving confidence and competition among buyers.

Edmonton's Detached Homes

Detached homes remain the backbone of Edmonton’s market. Listings and sales are both modestly down (-3% and -4% respectively), suggesting stability rather than slowdown. Despite softer activity, prices continue to impress — the benchmark reached $501,700, up 1.05% month-over-month and nearly 10% year-over-year. This signals consistent buyer demand for single-family homes and tight competition for quality inventory, even as fewer listings come to market. Detached homes are clearly driving Edmonton’s price growth.

Edmonton's Apartments

The apartment segment is cooling on both sides of the equation. Listings are down 25%, and sales have fallen 18% compared to the five-year norm. This lack of momentum is starting to show up in pricing — benchmark values dipped 1.06% month-over-month, though they still show a healthy 6.57% year-over-year gain. At $218,300, apartment prices remain accessible, but softer activity hints that demand here is tapering for now. Investors and first-time buyers may be holding back slightly, waiting for clearer signals.

Edmonton's Attached Homes

Attached homes are the surprise performers this spring. New listings jumped 34%, and sales followed suit with a 32% increase — bucking the broader market trend. Despite this flurry of activity, price growth is holding at a modest pace, with benchmark prices at $303,200, up 0.29% month-over-month and 4.99% year-over-year. This segment appears to be finding its stride, offering a mid-price alternative to detached homes and a more spacious option than apartments. It’s gaining momentum without overheating.

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.

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