Edmonton's real estate market is hot with one property type leading the pack | Daily Hive

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With the warmer months come increased activity in Edmonton’s real estate market, and we took a look at how different property types are performing as we enter June.

According to the latest report from the Realtors Association of Edmonton (RAE), the Greater Edmonton Area (GEA) real estate market reported 2,557 sales in May 2026. That’s 3.2 perc ent higher than it was in April, though sales were down 13.4 per cent from May 2025.

There were also 4,855 new listings, up 21.7 per cent month-over-month and 2.7 per cent higher than this time last year. Overall inventory rose 13.4 per cent from April and sits 23.9 per cent higher than May 2025.

The average selling price across all residential property types rose 2.7 per cent from last month to $491,794, which is 6.3 per cent higher than last year.

The MLS Home Price Index (HPI) composite benchmark price in the GEA was $432,200, up 0.1 per cent from April but down 1.8 per cent year-over-year.

“May saw steady price growth across our residential market, with the all-residential average price rising to nearly $492,000,” said REA board chair Darlene Reid, adding that detached homes led the way with a 4.8 per cent year-over-year price increase — significantly outperforming other housing types.

“Condominiums in particular have seen weakening prices, as available inventory and competition has risen.”

So, which property types are moving the quickest, and may be looking a little more sluggish? Here are the stats broken down by property type.

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Semi-detached homes

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Semi-detached new listings increased 11.1 per cent from last month and 22.8 per cent year-over-year. Sales increased by 5.3 per cent compared to April and were 4.2 per cent higher than in May 2025. The average price rose 2.3 percent from April but decreased 1.5 per cent from last May to $433,478.

Row and townhomes

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Row/townhomes prices fell 1.2 per cent from last month, but increased 0.9 per cent from May 2025 to an average price of $309,554. New listings were up 6.4 per cent from April and 3.8 per cent from May 2025. Sales for row/townhouse properties decreased by 10.8 per cent over April and were 34.7 per cent lower than last year.

Apartment condominiums

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Apartment and condo sales also increased in May, selling 2.2 per cent more units than the previous month but 21.6 percent fewer than the previous year. New listings increased 11.4 per cent month-over-month and fell 7.5 per cent over last May. Prices averaged $206,282 at the end of May 2026, decreasing 8.7 per cent from April and 3.7 per cent compared to May 2025.

Detached homes

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Detached home prices averaged $604,744, increasing 2.6 per cent from April 2026 and 4.8 per cent from May 2025. Sales increased 6.4 per cent from the previous month but were still 8.1 per cent lower than May last year. New listings increased 19.5 per cent over the previous month and 2.9 per cent year-over-year.

You can view the full report on the RAE website.