February 2026 Edmonton Real Estate Market Update

We are just entering the beginning stages of the spring real estate market in Edmonton for 2026. Typically between mid January to mid February is when we start seeing an uptick in listings, showings on listings and sales happening in the Edmonton area, only to go full swing March-May in the prime selling months in Edmonton. 

Looking back at January can give us a bit of an indication of the mindsets of buyers and sellers coming out of the holidays and how they are positioning themselves for 2026. Looking at the Greater Edmonton Area, we have a few things to note coming out of 2025. The biggest, and by far the most surprising aspect I noted was how high the average days on market (DOM) was during January's sales, pushing up to an average of 59 DOM, with apartments stretching up to 71 DOM and townhomes at 68 DOM, a total of 30 more DOM than January 2025. It is typical to have a little bit higher DOM during January as a lot of the listings selling were sitting on the market during December which may not have gotten the same level of attention as compared to the rest of the year bringing up the number on a month over month basis, however this is more than a 22% increase from 2025. 

We seen 1,151 sales during January in the Greater Edmonton Area which accounted for about 46% of the new listings coming to market (a lot of those were re-lists from Dec 31 to Jan 1). Based on the total number of listings available (4901) and the monthly pace that they are selling (1151) we are sitting at just under 4.5 months of active inventory which puts us in a BALANCED market. A sellers market like we have seen for much of the last 2 years was below 3 months of inventory, and a buyers market would be at 6 months or more which we are not yet at

Home prices throughout January have remained mostly constant from the end of 2025 with only a -0.6% monthly decline from December and a 3.0% increase from January 2025. Apartment condos were up 14.9% in January from December and 9.9% from January 2025 which was the only major market mover. From January 2025 the only category that has seen a value decrease is with row/townhomes which are down 9.2% as the prices have started to settle after massive price gains realized in the last 24 months and buyers focus either attention to other categories in the market. 

Just like the Edmonton Realtors Association forces highlighted below in the news segment, it looks like we are on track for a moderate 2026 in Edmonton, with expectations to be in a balanced real estate market throughout the course of the year, and market trends will likely adjust on a monthly or seasonal basis throughout the year. 

If you want to know how to take advantage of selling in this market, reach out to me for a free home evaluation, and I am happy to walk you through selling in this current market. https://lorenzgroup.ca/evaluation

If you want to know how to best position yourself in this buying market, reach out for a free buying consultation and I am happy to come up with a game plan for you this year. https://lorenzgroup.ca/contact