Edmonton: May 2025 Real Estate Market Report
Edmonton Real Estate Market Update—May 2025
The real estate market in the Greater Edmonton Area (GEA) for May 2025 continues to be strong with rising inventory levels. After a frenetic April, sales have stabilized, giving purchasers a greater selection of all property types. The average residential price was approximately $475,000, reflecting ongoing steady growth in the market.
Edmonton Real Estate Data—May 2025
| Property Type | Sales | New Listings | Average Price | Days on Market (Avg) |
|---|---|---|---|---|
| All Types | 2,710 | 4,012 | $470,447 | 30 |
| Detached Homes | 1,576 | — | $585,707 | 29 |
| Semi-Detached Homes | 307 | — | $434,858 | 27 |
| Townhomes | — | — | $314,703 | 26 |
| Apartment Condominiums | — | — | $218,330 | 38 |
Detached homes in Edmonton remain the largest segment, with 1,576 sales and an average price of $585,707. These properties typically spend just under a month on the market, making them attractive for buyers seeking family homes with space.
Semi-detached homes saw 307 sales, averaging $434,858, reflecting growing demand from buyers looking for affordable homes with additional privacy.
Townhomes continue to be a popular choice for first-time buyers and downsizers, priced at an average of $314,703 and spending about 26 days on the market.
Apartment condominiums attracted investors and urban professionals with an average price of $218,330. These units typically sell within 38 days.
Outlook
As spring continues, Edmonton's real estate market is set to continue chugging along at its steady rate, with additional houses coming up for potential buyers to look at. With prices inching up and new listings emerging, the city still has plenty of choices for all, be it a family or an investor.
Also check out the pre-construction homes in Edmonton.
Sources:
Disclaimer: The content on this page is curated from various reputable online sources, including blogs, news outlets, and real estate boards. While our content writer team at Condomonk.ca strives to present valuable information, we do not guarantee its accuracy or completeness. Some information could be prone to error, and some details may be outdated, and the content should not be considered professional advice. For the most accurate and personalized guidance, please consult a licensed real estate agent or broker.
