market pulse
Edmonton edges toward a balanced market. Resale homes, August 2026
8,052 homes for sale, 2,143 sales and 3.8 months of supply in Greater Edmonton in August 2026. Prices are steady, but buyers are gaining room to negotiate.
Co-Founder / Owner, October 8, 2026
Greater Edmonton's resale market moved closer to balance in August 2026. There were 8,052 homes for sale at the end of the month, 15.1% more than a year earlier, against 2,143 sales, down 9.8%. That works out to 3.8 months of supply, up from 3.0 a year ago: if no new listings came on, it would take almost four months to sell everything on the market. Prices have barely moved, but the extra choice is shifting negotiating power toward buyers.
The numbers
- 2,143 residential sales in August, down 15.4% from July and 9.8% from August 2025. Sales have been below the year before for fourteen months in a row.
- 17,310 sales so far this year, down 11.8%.
- 3,769 new listings, up 3.3% on the year.
- 8,052 homes for sale at month end, up 15.1%, and the third month in a row above 8,000.
- 3.8 months of supply, up from 3.2 in July and 3.0 in August 2025.
- 57% of new listings sold, against 65% a year earlier.
- $426,900 composite benchmark price, down 0.6% from July and 0.6% from a year earlier.
- 41 days on market on average, four more than a year ago.
Prices by home type
| Type | Benchmark price | Change from Aug 2025 | Average sale price |
|---|---|---|---|
| Single-family | $524,500 | -0.2% | $575,575 (detached) |
| Townhouse | $270,600 | -3.1% | $298,238 (row) |
| Apartment condo | $198,800 | -1.6% | $215,422 |
The benchmark price tracks a typical home and is the better guide to value; the average moves with the mix of what sold. Detached homes are holding up best. Townhomes and condos are softer, and condo sales fell 18.7% from a year earlier, the weakest of any type.
Balanced, not falling
Months of supply is the simplest way to read a market. Under about three months, sellers set the terms. Four to five is balanced. Above six, buyers do. Outside the winter months, Edmonton spent most of 2024 and 2025 under three. August's 3.8 is the highest reading for any August since 2022, when it was 4.3, and the trend is up.
The REALTORS® Association of Edmonton's board chair put it this way in the August release: supply is ample, and unless demand keeps up, prices could see pressure beyond the usual seasonal dip. Part of the August slowdown is seasonal. Part of it is fewer people moving to Alberta and a softer rental market, which has taken some investors out of the condo market.
What it means
- Buyers: You have time and choice. Financing and inspection conditions are back to normal, and homes that have sat for a few weeks are open to offers below the asking price. Detached homes in good areas still move quickly when they are priced right.
- Sellers: The first two weeks matter most. A home priced at the market draws the buyers who are watching; one priced above it gets seen, skipped and then reduced. Look at what sold on your street in the last 90 days, not what is listed. Our seller net proceeds tool shows what you would walk away with.
- Move-up buyers: A softer market helps you more on the purchase than it costs you on the sale, especially if you are moving up in price.
Every community page on our site shows the latest sold prices and days on market for that neighbourhood, from the MLS® System.
Sources
- REALTORS® Association of Edmonton, Monthly Market Statistics, August 2026, released September 2, 2026, Greater Edmonton Area: realtorsofedmonton.com. Months of supply is end-of-month inventory divided by monthly sales.
- BILD Edmonton Region, August 2026 Stats (months of supply for July 2026 and August 2025)