February brought steady momentum to the Edmonton real estate market, with rising inventory, increasing prices, and strong year-over-year sales growth. The data points to continued confidence from both buyers and sellers as we head toward the spring market.
There were 4,029 active listings in February, marking a significant 33.6% increase year-over-year. The boost in inventory means buyers have more options to choose from compared to last year.
Home Prices
The average sales price reached $432,000 in February. The monthly increase signals strong short-term momentum, while the annual gain reflects steady long-term growth. Edmonton home values continue to show resilience and upward movement.
Sales
A total of 1,111 homes sold in February. This substantial rise in sales activity highlights strong buyer demand. Even with more inventory available, homes are continuing to move, indicating an active and competitive market environment.
Data provided by REALTORS® Association of Edmonton. For more information, visit their website.
