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Discover an extensive selection of pre construction homes in Edmonton Under $1.5M. Our curated list showcases the latest developments, offering a range of options from affordable condos to luxurious townhomes. Whether you're a first-time buyer or looking to invest, these new construction properties in Edmonton provide excellent opportunities in various neighborhoods.
Looking to buy a home in Edmonton? Whether you're searching for a modern condo for sale, a spacious detached home, or a new pre-construction project in Edmonton, March 2025 stats show a thriving real estate market with opportunities for every type of buyer or investor.
Category | Greater Edmonton Area | City of Edmonton |
---|---|---|
Home Sales | 2,494 (+36.9%) | 1,757 (+39.2%) |
New Listings | 3,780 (+44.5%) | 2,727 (+45.4%) |
Inventory | 4,848 | 3,548 |
Average Days on Market | 30 (↓ from 40) | 31 (↓ from 39) |
Months of Inventory | 1.9 | 2.0 |
Property Type | Greater Edmonton (Avg/Median) | City of Edmonton (Avg./Median) | YoY Growth |
---|---|---|---|
Detached Homes | $575K / $535K | $574K / $527K | +12% to +14% |
Semi-Detached Homes | $431K / $425K | $428K / $425K | +3% to +6% |
Townhomes | $315K / $323K | $312K / $318K | +11% to +14% |
Condos | $218K / $197K | $215K / $197K | +7% to +13% |
All Residential | $460K / $445K | $440K / $425K | +9% to +11% |
If you're eyeing a move into the resale or pre-construction homes for sale in Edmonton, now is the time to explore your options.
Metric | Mar-24 | Feb-25 | Y/Y % Change |
---|---|---|---|
Total Sales | 2,467 | 1,825 | -26.0% |
Total Sales Volume | Data Not Available | Data Not Available | N/A |
New Listings | 3,597 | 2,723 | -24.3% |
Inventory | Data Not Available | Data Not Available | N/A |
Months of Supply | Data Not Available | Data Not Available | N/A |
Sales to New Listings Ratio | Data Not Available | Data Not Available | N/A |
Sales to List Price | Data Not Available | Data Not Available | N/A |
Days on Market | 39 | 37 | -5.1% |
Benchmark Price | $392,600 | $428,800 | +9.2% |
Median Price | Data Not Available | Data Not Available | N/A |
Average Price | $420,959 | $449,554 | +6.8% |
Index | Data Not Available | Data Not Available | N/A |
Data source :
In March 2025, Calgary’s real estate market experienced notable shifts compared to the same period in 2024. While the total number of sales remained steady at 2,664 units, sales volume rose significantly by 20.65% to reach $1.87 billion, indicating a strong trend toward higher-priced property transactions. New listings stayed consistent at 3,172, but the overall inventory saw a substantial 35.79% increase to 3,870 units, suggesting an easing of previously tight market conditions and a move toward a more balanced supply-demand environment. The months of supply also increased by 35.51% to 1.45 months, offering buyers a wider selection and potentially reducing urgency in decision-making. Despite the shift in inventory, Calgary’s market remained highly competitive. The sales-to-list-price ratio edged up to 100.01%, showing that homes were selling at or slightly above asking prices. Additionally, properties sold faster, with days on market dropping by 9.09% to just 20 days. Price appreciation was evident across all key metrics: the benchmark price climbed 6.34% to $635,500, the median price rose 7.96% to $610,000, and the average price surged 20.21% to $702,000. Altogether, these figures reflect continued strong buyer demand, particularly in the upper-tier segments of Calgary’s housing market.
Thinking about moving to Edmonton? This city blends modern living with natural beauty. From river valley trails and national parks to aerial adventure parks and winter skiing, outdoor fun is everywhere. Many pre-construction homes in Edmonton are built close to these green escapes—perfect for families, fitness lovers, and weekend adventurers.
Looking to explore international flavors in Edmonton? The city has an abundance of continental restaurants that borrow their inspiration from European cuisine—French and Italian, Spanish and Mediterranean. You can opt for fine dining at restaurants like The Marc and Violino Ristorante or have cozy family dining at Hathaway's Diner or Padmanadi, depending on your taste. These restaurants are also within walking distance of emerging pre-construction communities, so you can easily savor world-class cuisine just a short walk from home.
Want to explore Edmonton's local market culture? From fresh local produce to handmade crafts, Edmonton's local markets like Old Strathcona, Bountiful Farmers' Market, and 124 Grand Market offer a vibrant glimpse into the culture of the city. The markets are perfect for weekend outings, family visits, or sourcing local products—and most are located near successful pre-construction communities, offering future residents easy access to local lifestyle amenities.
Edmonton is a family-friendly city with numerous top-ranked daycares and preschools, which makes it an excellent city for young families to settle. No matter if you are planning to move into a pre-construction home in Edmonton, hunting for detached homes in Edmonton, or considering modern condos in Edmonton and townhomes in Edmonton, you'll find excellent early childhood education nearby. From innovative learning spaces to sequential literacy programs, Edmonton's child care centers help every child grow. The city is still growing, and many upcoming projects are in Edmonton; parents can look forward to even greater numbers of quality daycares and preschools opening up throughout new and old neighborhoods.
Edmonton, Alberta's vibrant capital, is a rapidly growing city of over 1.2 million individuals in its city proper. The expansion is driven by an amiable climate that draws in national and overseas migrants, and it is a multicultural haven in which over 165 languages are spoken daily. Outside its ancient status as an oil and gas hub city for Alberta, the economy of Edmonton is truly diversifying with the emergence of new opportunities across technological, health-related, education-oriented, and more fields all fueling strong job growth projection. Overall affordability is also closely tied to Edmonton, and as such, this is a very attractive location for people and families to live and enjoy a high quality of life without paying a high price.
Edmonton is planning this future by undertaking this kind of major downtown renewal projects, lengthening its extremely successful Light Rail Transit (LRT) system, and well-planned new, family-oriented communities. Dubbed "Canada's Festival City" due to its round-the-year schedule of festivals and boasting North America's largest urban parkland area, Edmonton presents a vibrant blend of exciting city life and accessible natural splendor. Its historic importance as the "Gateway to the North" is a witness to its continued importance as a key transportation and industrial hub of Western Canada. Discover the possibilities of contemporary living in this exciting and evolving city. Learn about an array of pre construction homes in Edmonton and find your ideal space to thrive.
Note: Condomonk is Canada's leading database of new pre construction homes. Information may be outdated or inaccurate. Please contact a licensed real estate agent for updated information.