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Edmonton, May 2, 2025: There were 2,710 residential unit sales in the Greater Edmonton Area (GEA) real estate market during April 2025, representing a 9.0% increase from March 2025 and a 13% decrease from April 2024. New residential listings totalled 4,012, representing a 9.8% increase from March 2025 and a 4.8% increase over the previous year. The overall inventory in the GEA increased 12.1% month-over-month and 0.3% year-over-year.

The total number of Detached units sold was 1,576, representing a 10.2% increase over the previous month and a 14.7% decrease compared to sales in April 2024. With 307 units sold in April 2025, semi-detached sales were up 15.4% month-over-month and down 11.3% year-over-year. Row/Townhouse unit sales increased 5.1% compared to March 2025 and recorded 4.2% fewer sales than in April 2024. Apartment Condominium unit sales were down 14.9% from the previous year and up 4.3% from the month before.

The total residential average price came in at $470,447, increasing 2.1% from the previous month and reflecting an overall growth of 9.0% compared to April 2024. Detached home prices averaged $585,707, representing a 1.8% increase from March 2025 and a 10.4% increase over the previous year. Semi-detached units sold for an average of $434,858, representing a 1.1% increase from the last month and a 6.9% year-over-year increase. Row/townhouse prices increased by 0.1% from March 2025 and 6.7% compared to April 2024, with an average selling price of $314,703. Apartment Condominium average prices rose 0.1% from the previous month to $218,330, ending the month 8.5% higher than April of last year.

The MLS® Home Price Index (HPI) composite benchmark price* in the GEA was $438,100, unchanged from March 2025 and reflecting a 10.8% increase from April 2024.

“With warmer weather, inventory levels are increasing, bringing more stability in certain parts of the market. The highly sought-after properties in the $300,00 to $500,000 range are still in high demand, with many being sold in multiple offers and setting new pricing precedents. Inventory levels are expected to rise, with rising demand for starter properties, and prices are expected to continue rising.” Peter Kubiczek

Detached homes averaged 29 days on the market, a one-day decrease from March 2025. Semi-detached homes increased by five days, with properties averaging 27 days on the market. Row/townhouses increased two days to 26, while Apartment Condominiums averaged 38 days on market, reflecting a four-day decrease. Overall, residential listings averaged 30 days on the market, unchanged from the previous month and reflecting a six-day decrease compared to April 2024.