Edmonton Real Estate Market: September 2026

What happened in Edmonton real estate in September?

Here's the short story. about 1,500 homes sold across the Edmonton area in September.

Sellers put about 2,900 new listings on the market.

The typical home took 45 days to sell.

The average sale price was $437,300 and the median sale price was $414,000.

I read these numbers every month so you don't have to. Below I explain what they mean for you, in plain words.

What are the Edmonton numbers at a glance?

Source: Realtors Association of Edmonton MLS® System data via RAETrends, September 2026. Figures are refreshed regularly and may change.

Is Edmonton a buyer's or seller's market right now?

I look at two numbers to answer this.

*Months of supply. This is how long it would take to sell every home on the market if no new ones were listed. Take the homes for sale and divide by the homes sold last month. As a rough guide, under 4 months tends to favour sellers, 4 to 6 months is balanced, and over 6 months tends to favour buyers.

*Sale-to-list price. This compares the price a home sold for with its last asking price. Near or above 100% means buyers are paying close to asking. Well below 100% means buyers have room to negotiate.

The ask-to-sell ratio for September was 97.4%.

Sales were about 52% of new listings.

What does this mean if you're selling in Edmonton?

• First impressions still count. Good photos and a clean, well-lit home help in any market.

What does this mean if you're buying in Edmonton?

• Know what similar homes sold for, not just what they're listed at. I can pull recent sales for any street.

What does this mean if you're downsizing?

This is where a lot of my clients are right now. If you're selling a family home and moving to a bungalow, a condo or an adult living community, you're on both sides of the market at once.

Plan the timing of both moves together. The order you buy and sell in changes how the move is timed.

Which Edmonton areas and communities are selling?

Want the details for a particular neighbourhood? My Edmonton neighbourhood guide covers 235 communities, with a page for each one.

• Downtown
• Oliver
• Rossdale
• Riverdale
• Cloverdale
• McCauley
• Boyle Street
• Central McDougall
• Queen Mary Park
• Cromdale
• All Edmonton neighbourhoods

What are bungalows and condos for 55+ selling for in Edmonton?

If you're weighing a bungalow against a condo, I'm happy to walk you through the trade-offs: stairs, condo fees, yard work and how easy each will be to sell down the road.

How does Edmonton compare with St. Albert, Sherwood Park and Spruce Grove?

I've lived and worked in St. Albert since 1999, so if you're thinking about the move north, see my St. Albert market report.

How do interest rates affect the Edmonton market?

The Bank of Canada sets its policy interest rate on eight fixed dates a year.

The rate was 2.25% as of September 2, 2026. Source: Bank of Canada key interest rate.

The next announcement is Wednesday, October 28, 2026, followed by Wednesday, December 9, 2026 (Bank of Canada 2026 schedule).

The rate is the Bank of Canada's target for the overnight rate. It is not a mortgage rate.

How are these figures calculated?

• Sales, new listings, sale prices, days on market, the ask-to-sell ratio, and sales to new listings come from Realtors Association of Edmonton MLS® System data via RAETrends for September 2026. Figures are refreshed regularly and may change.
• A benchmark or Home Price Index figure is shown only when that month's data file includes it. This update does not.
• An active inventory count is shown only when that month's data file includes it. This update does not.
• Months of supply is homes for sale at month end divided by homes sold in the month, and only when both figures are in the checked data.
• Interest rate dates come from the Bank of Canada.
• Every number is checked against its source before this page is updated. If a figure is missing, that sentence or table is left off.