Edmonton Real Estate Market Update – February 2026

By Laura Zuluaga

The Edmonton real estate market started showing strong signs of activity again in February. After a quieter January, the numbers suggest that the market is beginning to pick up as we move closer to the spring season, which is traditionally one of the busiest times of the year for real estate.

In February 2026, the Greater Edmonton Area recorded 1,606 residential sales. This represents a 39.7 percent increase compared to January, showing that buyer activity returned quickly after the start of the year. When compared to February of last year, sales were slightly lower, down 11.5 percent year over year.

More Listings Entering the Market

Another important trend in February was the increase in new listings. A total of 3,020 new properties came onto the market across the Greater Edmonton Area. That is a 23.6 percent increase from January and 15.4 percent higher than February 2025.

More listings typically mean buyers have more options, which can help balance the market. Inventory also increased by 11.4 percent compared to the previous month and is now 34.6 percent higher than it was one year ago.

Average Home Prices in Edmonton

Across all residential property types, the average selling price reached $454,801 in February. That represents a 1.4 percent increase from January and 1.5 percent higher than February 2025.

The MLS® Home Price Index benchmark price for the Greater Edmonton Area was $419,600. This number increased slightly by 0.9 percent from January, although it remains 2.1 percent lower compared to last year.

Detached Homes Continue to Lead the Market

Detached homes remain the most common property type in the Edmonton market. In February, the average price for a detached home was $571,372, which represents a 2.7 percent increase compared to January and 1.1 percent higher than February 2025.

Sales of detached homes increased by 35.8 percent compared to the previous month, although they were 12.4 percent lower than the same time last year. New listings for detached properties also increased 20.7 percent month over month and 13.2 percent year over year.

Semi-Detached Homes and Townhomes

Semi-detached homes also experienced solid growth. The average price reached $441,958, increasing 4.5 percent from January and 4.8 percent compared to February 2025.

Sales increased by 43.4 percent month over month, while new listings rose 8.1 percent compared to January and 29 percent higher than last year.

Row homes and townhouses followed a similar trend. The average price for these properties was $307,526, which is 3.8 percent higher than January and 2.3 percent higher than February of last year. Sales increased 47.9 percent compared to the previous month, while new listings rose 25.7 percent month over month.

Apartment Condos Showing Price Adjustments

Apartment condominiums showed a slightly different trend in February. Sales increased significantly compared to January, with 42.8 percent more units sold. However, sales were still 11.9 percent lower than February 2025.

The average condo price was $212,133, which represents a 6 percent decrease compared to January and 1.4 percent lower than last year.

This price adjustment may actually create opportunities for first-time home buyers and investors, since condos remain one of the most affordable entry points into the Edmonton real estate market.

What This Means for Buyers and Sellers

Overall, February showed clear signs that the Edmonton housing market is gaining momentum again. Sales activity increased significantly compared to January, new listings are entering the market, and most property types are seeing moderate price growth.

As we move further into the spring market, it will be interesting to see whether this increased activity continues and how inventory levels evolve in the coming months.

For buyers, the increase in listings means more options. For sellers, the return of buyer activity suggests that demand is strengthening as we approach the busiest season of the year.

If you are thinking about buying or selling in Edmonton or surrounding communities, understanding these market trends can help you make more informed decisions.

Source: REALTORS® Association of Edmonton Market Statistics Report, March 2026. Information derived from the report titled Sales rebound in February as housing activity gains momentum.