Edmonton Real Estate Market 2025
Edmonton real estate market 2025: housing prices, neighbourhoods and what the data means for Alberta buyers, sellers and investors.
Edmonton is often compared with Toronto and Vancouver on price. This page gives the December 2024 figures published by the REALTORS Association of Edmonton and points to the bodies that publish current ones.
The figures below are for the Greater Edmonton Area in December 2024, as published by the REALTORS Association of Edmonton in its media release of January 3, 2025. The percentage beside each figure is the change from December 2023.
Average Selling Prices (December 2024)
Market Activity (December 2024)
Source: REALTORS Association of Edmonton, media release of January 3, 2025. The association notes that average prices indicate market trends only and do not show the change in value of any particular property, and that its trading area includes communities beyond the Greater Edmonton Area, so average and median prices include some properties sold outside it. For the latest month, see realtorsofedmonton.com.
How Edmonton Compares With Other Canadian Cities
Comparing Prices Across Cities
This page gives no city-by-city price table. A fair comparison needs figures from one source, for the same month, measured the same way, and we have none we can stand behind for Vancouver, Toronto, Victoria, Ottawa or Calgary.
The Canadian Real Estate Association publishes average prices and MLS Home Price Index benchmarks for each local board at crea.ca. Use the same month and the same measure for each city. For reference, the Greater Edmonton Area all-residential average was $435,549 in December 2024 (REALTORS Association of Edmonton).
What Is Different About Buying in Alberta
Alberta's Land Titles fee schedule, effective October 1, 2026, sets the fee to register a transfer at $50 plus $5 per $5,000 of the property's value, and the same on the principal of a mortgage. We quote no cost-of-living comparison because we have none we can source.
The association's monthly release gives average and median prices by city zone and by municipality, not by neighbourhood, so this section quotes no neighbourhood prices. See the release for the zone figures, and ask a local REALTOR for recent comparable sales in any area you are considering.
For Families
Schools in the area, Terwillegar Park, access to Whitemud Drive
Community built around Lake Summerside, south of Ellerslie Road
Mature trees, close to University of Alberta, character homes
For Young Professionals & First-Time Buyers
Walking distance to downtown, trendy 124 Street, vibrant nightlife
Character homes, walkable to Whyte Avenue
Valley Line LRT stop, river valley access
For Investors
Valley Line Southeast LRT stop at Mill Woods, in service since November 2023
Northeast neighbourhood. Check recent sale prices and current rents before you assume any return
Close to the University of Alberta and Whyte Avenue
This page gives no example return and no rental yield, because we have no sourced figures for purchase price, rent or appreciation in any one neighbourhood. The outline below shows what to gather. For rents and vacancy, CMHC publishes a Rental Market Report that covers Edmonton.
Work It Out With Your Own Figures
Appreciation is not known in advance, so leave it out of the return you plan on. Speak to an accountant about tax before you buy.
Market Forecasts for 2025-2026: Where to Look
This page makes no price prediction for Edmonton. A forecast is only as good as the body behind it and the date it was made.
Published forecasts come from CMHC, in its Housing Market Outlook, and from the Canadian Real Estate Association, in its quarterly forecast. The REALTORS Association of Edmonton reports what actually happened each month. Read the date on any forecast before you use it with a client.
Conclusion
Edmonton's real estate market in 2025 is best judged from published figures with a named source and a date, not from a single headline number.
In December 2024 the all-residential average selling price in the Greater Edmonton Area was $435,549, up 12.2% from December 2023 (REALTORS Association of Edmonton). For the current month, and for any forecast, go to the association, the Canadian Real Estate Association or CMHC directly.
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Market conditions move, and this page has not been revised since. Treat the figures and outlook as a snapshot of that date rather than today’s market, and check a current source before advising a client.