Edmonton's housing market is cooling, but sellers still have the upper hand
Edmonton’s housing market may be cooling off, but it’s still leaning toward sellers, according to a new report.
Real estate platform Zoocasa put out a list of the best markets in Canada to buy and sell this fall, and found Edmonton’s sales-to-new listings ratio dropped to 61 per cent in 2025, down from 79 per cent last year — one of the steepest declines in the country.
The sales-to-new listings ratio is a key indicator of market conditions, according to Zoocasa. Under 40 per cent means buyers have the upper hand, 40 to 60 per cent is considered balanced, and anything above 60 per cent points to a seller’s market.
- You might also like:
- Ciara Yaschuk departs Global Edmonton amid 'changing' industry
- Proposed 1,000 km/h high-speed train in Alberta reveals new steps
- Town near Edmonton named one of the best in Alberta to live in
Nationally, things are more of a mixed bag. Saskatoon’s housing market is heating up with nearly 70 per cent of listings getting scooped up, while Halifax-Dartmouth has jumped firmly into seller’s territory. Ontario’s big markets, meanwhile, are shifting toward buyer’s markets as listings pile up.
Zoocasa
Closer to home, the Realtors Association of Edmonton is seeing a similar trend. Sales in August fell nearly 17 per cent from July, while inventory climbed almost 25 per cent year-over-year, giving buyers more options.
However, even with the slowdown, prices remain steady. The average home price is still about six per cent higher than last year, keeping Edmonton in seller’s territory as we head into winter.
You can find the full report on Zoocasa’s website.