Edmonton: April 2025 Real Estate Market Report

Edmonton Real Estate Wakes Up: An In-Depth Look at April 2025 Market Trends
The Greater Edmonton Area (GEA) market is definitely busy, and the April 2025 statistics give us a revealing glimpse into what is happening currently for buyers and sellers.
Following a stretch of tight supply that marked much of last year, we are seeing a steep ramp-up in new listings, auguring a promising spring and summer season of real estate activity. The change is especially gratifying, as dwindling levels of supply in negative double digits had previously placed downward pressure on home prices. New listings of residential properties in April 2025 were 4,012, an impressive 9.8% gain over March 2025 and a 4.8% gain in the past twelve months. That new supply has been achieved in what appears to be a widening of choice to purchasers, with overall inventory in the GEA rising 12.1% month-over-month and 0.3% year-over-year.
This is a change, as April was the first month in some time that current inventory has been at or above last year's. This increased variety is a good news story for Edmonton homebuyers, offering more choice than there has been in several months. Despite this highly anticipated increase in supply, prices across the GEA still continue to record a steady increase, indicating the region's continued demand. The composite residential average price in April was $470,447, 2.1% higher than March and a robust 9.0% above April 2024. This robust appreciation is also supported by the MLS® Home Price Index (HPI) composite benchmark price, a measure that is more reliable and consistent than straightforward averages in measuring market trends.
The MLS® HPI composite benchmark price in the GEA was $438,100, again in March 2025 and a robust 10.8% higher than April 2024. The index follows "apples to apples" home price comparisons by measuring the price that buyers place on different features of homes over time, which is useful in capturing a better sense of true market value. REALTORS Association of Edmonton 2025 Board Chair Darlene Reid remarked that "Our spring market has definitively announced its arrival with the rush of new listings and rising inventory".
She also said that "we've been seeing inventory levels drop in the negative double digits for the better part of the past 12 months, and the shrinking supply has pinched home prices. That pinch won't relent unless this upward momentum for inventory carries well past the peak season. We can still anticipate prices to keep rising in the near term through the warmer months." For those considering Edmonton houses for sale, the numbers indicate a busy market. Edmonton detached homes continue to be a strong category, with 1,576 units sold in April, a 10.2% month-over-month increase, and an average price of $585,707, an improvement of 10.4% from a year ago. New listings in detached homes were 2,324 for the month.
These houses averaged 29 days on market, one day fewer than in March 2025. Semi-detached home sales also experienced a strong 15.4% month-over-month bump with 307 houses sold, averaging $434,858, with 387 new listings. If downsizing is on your horizon, Edmonton townhouses for sale have seen unit sales grow 5.1% from March 2025, with 392 units sold and 570 new listings, and an average price of $314,703. These properties averaged 26 days on market to sell. Apartment Condominium sales were 4.3% higher than the previous month, with 435 sales and 729 new listings, at an average price of $218,330. Surprisingly, Apartment Condominiums sold in an average of 38 days, four days lower than the previous month. The sales volume of detached homes was $923,073,471, semi-detached $133,501,501, townhomes $123,363,738, and condos $94,973,739. Residential listings spent an average of 30 days on the market, identical to March but six days fewer than in April 2024.
Detached Homes | Semi - Detached | Townhomes | Condos | |
---|---|---|---|---|
New Listings | 2,324 | 387 | 570 | 729 |
Sales | 1,576 | 307 | 392 | 435 |
Sales Volume | $923,073,471 | $133,501,501 | $123,363,738 | $94,973,739 |
Average Sale Price | $585,707 | $434,858 | $314,703 | $218,330 |
Whether you're studying the general market of Edmonton houses for sale or exploring new options like pre construction Edmonton houses and the newest new Edmonton condos, these vital stats are important to understand. Today's market is a dynamic one with greater selection for purchasers and solid returns for sellers consistently. Contact a local real estate professional to see these great trends and find the ideal property that is just right for you.
Sources:
https://realtorsofedmonton.com/wp-content/uploads/2025/05/APRIL_2025_YEGMediaStats.pdf