Edmonton’s housing market opened 2026 with rising inventory, softer pricing, and a notable slowdown in sales activity. January’s figures highlight a market adjusting to increased supply and seasonal conditions as the new year begins.
Inventory Jumps Year-Over-Year
January saw 3,596 active listings on the Edmonton market, representing a sharp 34.5% increase compared to last year. This surge in inventory is giving buyers more choice and helping ease some of the competition that defined earlier market cycles.
Home Prices Dip Slightly
The average sales price in January came in at $418,000. Prices declined 2.4% month-over-month and are down 2.6% year-over-year, signaling a modest softening as inventory levels climb and demand cools during the winter season.
Sales Fall Significantly
Edmonton recorded 791 sales in January, marking a significant 33% decrease year-over-year. This notable slowdown reflects both typical seasonal trends and shifting market dynamics as buyers take a cautious approach at the start of the year.
Data provided by REALTORS® Association of Edmonton. For more information, visit their website.
