One Edmonton property type took the biggest price hit to end 2025 | Daily Hive

One property type in Edmonton took the biggest price hit to end 2025

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The Edmonton real estate market slowed noticeably in December, though home prices continue to sit above last year’s levels.

According to the latest report from the Realtors Association of Edmonton (RAE), 1,315 residential properties were sold in the Greater Edmonton Area (GEA) in December 2025, down 20.4 per cent from November and 7.5 per cent lower than the same month last year.

A total of 1,389 new listings were added to the market last month, a 37.1 per cent drop from November, but still 3.9 per cent higher year-over-year. Inventory levels also fell month-over-month, down 24.2 per cent, but 28.9 per cent higher than in December 2024.

Across all residential property types, the average selling price in the GEA rose 1.8 per cent from November to $454,981, marking a 4.7 per cent increase compared to December 2024. The MLS Home Price Index composite benchmark price came in at $415,300, down less than 0.1 per cent month-over-month but up 2.8 per cent year-over-year.

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“It’s not unusual for activity to drop at the end of the year as the holiday season sets in,” said Darlene Reid, 2025 board chair for the RAE. “While buyers may have more room to negotiate, detached homes and row and townhouses saw solid price growth in December.”

Detached homes averaged $566,552 in December, up 2.3 per cent from November and 5.2 per cent higher than last year. Sales dipped 18.8 per cent month-over-month and 5.0 per cent year-over-year, while new listings fell 43.7 per cent from November, but were 0.8 per cent higher than last December.

Semi-detached homes averaged $422,078, down slightly from the previous month but up 3.3 per cent year-over-year. Sales fell 28.5 per cent from November and 12.8 per cent compared to December 2024. New listings dropped 30.3 per cent month-over-month but rose 27.3 per cent year-over-year.

Row and townhouse prices rose to an average of $297,124, up 2.6 per cent from November and 1.6 per cent higher than last year. Sales were down 22.0 per cent month-over-month and 11.2 per cent year-over-year, while new listings fell 37.9 per cent from November but increased 9.4 per cent compared to last December.

Apartment condominiums continued to lag behind the rest of the market. Prices averaged $193,577 in December, down 5.7 per cent from November and 5.2 per cent year-over-year, making condos the only property type to post an annual price decline. Sales fell 18.7 per cent month-over-month and 9.1 per cent from December 2024, while new listings also declined.

Reid added that while the market cooled heading into the holidays, steady pricing in several segments points to continued stability.

You can read the full report online.

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