📊 YEG Greater Edmonton Area Market Update – August 2025
🏡 2,382 homes sold ↓16.7% from July | ↓7.8% from last year
📥 New listings ↓10.5% MoM | ↑11.6% YoY
📦 Inventory ↑24.6% YoY
⏳ Homes taking +4 extra days to sell
💰 Average price: $461,281 ↓0.4% MoM | ↑6.0% YoY
📈 HPI Benchmark: $427,900 (flat MoM | ↑5.1% YoY)
➡️ Market is cooling month-to-month, but prices remain higher than last year.
“Despite the hotter temperatures in August, the market definitely cooled. The number of properties listed and sold in August was lower in all categories, which is typical for this time of year. As school starts up again and life gets busier, the buyers and sellers that are left in the market will have to change up their tactics a bit. Sellers will have to make sure they’re priced right and showing their best, while buyers will be able to negotiate with motivated sellers.” -Darlene Reid, 2025 Board Chair, REALTORS® Association of Edmonton
For more information on market statistics Call Roger Hawryluk at 780-264-8580 or click here.