Edmonton’s busiest real estate season has one surprising hot spot

Jul 3 2026, 5:29 pm

It may be peak season for Edmonton’s real estate market, but a new report shows buyers aren’t exactly rushing toward every type of home.

According to the latest report from the Realtors Association of Edmonton (RAE), the Greater Edmonton Area (GEA) real estate market reported 2,746 sales in June 2026. That’s 7.5 per cent higher than it was the previous month, though sales were down 4.1 per cent from June 2025.

There were also 4,475 new listings, down 3.6 per cent month-over-month, but 10.1 per cent higher than this time last year. Overall inventory rose 2.9 per cent from May and sits 22.2 per cent higher than June 2025.

The average selling price across all residential property types fell 1.6 per cent from last month to $483,600, which is 4.1 per cent higher than last year.

The MLS Home Price Index (HPI) composite benchmark price in the GEA was $431,300, down 0.2 per cent from May and 2.1 per cent year-over-year.

“While average prices dropped from a peak of just over $490,000 in May, June appears to be a peak month for the number of sales — though not enough to keep up with growing inventory,” said Darlene Reid, RAE board chair.

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

“An influx of new listings over the last several months has set up this year’s market to offer plenty of choice and availability to buyers. Although new listings showed a slight reversal in June, it’s not enough to impact the overall trend, as inventory levels are still increasing in the double-digits over last year.”

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

Apartment condominiums

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Apartment and condos sold increased faster than any property type in June, selling 5.5 per cent more units than the previous month but 15.4 percent fewer than the previous year. New listings decreased 9.7 per cent month-over-month and 2.2 per cent over last year. Prices averaged $219,190 at the end of June 2026, increasing 6.4 per cent from May, and two per cent compared to June 2025.

Semi-detached homes

Jeff Whyte/Shutterstock

Semi-detached new listings also increased by one per cent from last month and by 15 per cent year-over-year. Sales increased by 6.7 per cent compared to May 2026 and were 4.9 per cent higher than in June 2025. The average price rose 0.3 per cent from the previous month but decreased 1.2 per cent from last year to $434,651.

Row and townhomes

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Row/townhomes prices decreased 2.1 per cent from last month and 2.1 per cent from last year to an average price of $303,117. New listings were down one per cent from May and up 20.7 per cent from June 2025. Sales for row/townhouse properties increased by 17.3 per cent over May and were 10.9 per cent lower than last year.

Detached homes

real estate

Vadim Gouida/Shutterstock

Detached home prices averaged $592,989, decreasing 1.9 per cent from the previous month, but increasing 3.3 per cent from June 2025. Sales increased 6.1 per cent from the previous month and decreased one per cent lower than June last year. New listings decreased 10.3 per cent over the previous month but increased by 11 per cent year-over-year.

You can view the full report on the RAE website.

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