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Edmonton, AB – February 3, 2026 — The Greater Edmonton Area (GEA) real estate market reported 1,151 sales in January 2026, a decrease of 12.5% compared to activity in December 2025 and 27.6% compared to January 2025. There were 2,518 new listings — a month-over-month increase of 84.2% and a year-over-year increase of 4.7%. Inventory levels rose 8.5% from December and are 32.7% higher than January 2025.

Average selling price across all residential property types decreased by 1.4% from the previous month to $448,761, a number 2.5% higher than January 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $415,000, decreasing 0.1% from December 2025 and 1.0% year-over-year.

Data by Property Type

Detached home prices averaged $556,752, decreased 1.7% from December 2025 and 0.6% from January 2025. Sales in the detached category fell 16.3% from the previous month and 23.1% from January 2025. New detached listings increased 84.2% month-over-month and 5.1% year-over-year.

Semi-detached new listings increased 83.9% from the previous month and 13.6% year-over-year. Sales increased by 1.4% from December 2025 but were 27.5% lower than January 2025. Average prices rose 0.2% from December to $422,964 and were 0.7% higher than the previous year.

Row/townhomes prices decreased 0.3% from December and 5.1% from January of the previous year, averaging $296,227. New listings were up 71.2% from last month and 7.6% from January 2025. Sales for row/townhouse properties decreased by 13.6% month-over-month and 29.5% year-over-year.

Apartment condominiums sales also decreased in January, selling 6.0% fewer units than the previous month and 38.7% fewer than the previous year. New listings increased 77.9% month-to-month, though they were 4.0% lower than January 2025. Condominium prices averaged $225,671 at the end of January 2026— increasing 16.5% from December and 11.1% compared to January 2025.