Edmonton
Housing Market ReviewAverage Sold Price*
*All residential: detached, semi-detached, row/townhouse and apartment condominium, Greater Edmonton Area
Transactions*
*All residential: detached, semi-detached, row/townhouse and apartment condominium, Greater Edmonton Area
Market Conditions
August 2026
Edmonton - Region Breakdown
August 2026
St. Paul had the lowest average property price in the market, with an average price of $247,237. On the other hand, Beaumont was the area with the highest average property price, reaching $533,774. Additionally, Stony Plain saw the largest month-over-month rise in average price with a 8.7% increase, while Bonnyville had the lowest with a -16.6% decrease.
Area | Avg. Price | Monthly Change | Yearly Change | Transactions |
|---|---|---|---|---|
| Barrhead | n/a | n/a | n/a | 4 |
| Beaumont | $533,774 | -2.2% | -0.3% | 45 |
| Bonnyville | $338,395 | -16.6% | -14.2% | 30 |
| City of Edmonton | $436,475 | -1.8% | 1.9% | 1,427 |
| Cold Lake | $311,483 | -16.3% | -19.7% | 21 |
| Devon | $403,940 | -15.4% | 6.5% | 5 |
| Drayton Valley | $311,333 | -4% | 2.3% | 9 |
| Fort Saskatchewan* | $540,179 | 0.2% | -2.8% | 41 |
| Gibbons | n/a | n/a | n/a | 3 |
| Leduc* | $518,529 | 1% | -1.7% | 51 |
| Morinville | $404,010 | -5.5% | -0.3% | 21 |
| Sherwood Park* | $599,258 | 0.1% | 4.9% | 68 |
| Spruce Grove* | $544,602 | 4.5% | 7.1% | 77 |
| St. Albert* | $625,434 | -3.8% | 5.9% | 108 |
| St. Paul | $247,237 | 3.8% | 2.9% | 27 |
| Stony Plain | $478,439 | 8.7% | 21.6% | 35 |
| Vegreville | $258,250 | -3% | 25.3% | 8 |
| Westlock | $271,525 | -8.9% | -12.3% | 6 |
| Wetaskiwin | $261,650 | 5.9% | -11.2% | 16 |
*RAE publishes no all-types average for these towns: the price is the detached average, the transactions are detached and apartment sales. Towns outside the Greater Edmonton Area are listed because RAE reports them; they are not part of the market totals.
Glossary
Greater Edmonton Area (GEA)
The market RAE reports on: the City of Edmonton and the surrounding counties and towns (St. Albert, Sherwood Park, Spruce Grove, Leduc, Fort Saskatchewan and more). The Edmonton page shows the GEA; the City of Edmonton has its own page.
Average price
Total dollars paid divided by the number of sales. RAE prints it for the GEA, the city and most towns. For a city zone RAE prints one average per home type, so the zone's all-types average is calculated here: each type's average weighted by its sales.
Average detached price
Fort Saskatchewan, Leduc, Sherwood Park, Spruce Grove and St. Albert are reported as detached homes and apartments separately, without a total number of sales, so no all-types average can be calculated. Their pages lead with the detached average and compare it with the GEA's detached average.
Median price
The price in the middle of all sales: half sold for more, half for less. Less sensitive than the average to a few very expensive homes.
n/a
RAE withholds the average and median of a category with only a handful of sales in the month. Those sales still count in the transactions.
City zones
RAE divides the City of Edmonton into nine zones. Anthony Henday was split into Southwest and Southeast in January 2026, so those two start then.
Row / Townhouse
Attached homes in a row, each with its own entrance. Semi-detached (two homes sharing one wall, including duplexes) is reported separately.
Apartment Condo
A condominium unit in an apartment-style building.
Sale to list price
What homes sold for as a share of their asking price. 98% means the typical home sold 2% under asking.
Towns outside the GEA
RAE's members also sell in towns well outside the metro (Cold Lake, Bonnyville, St. Paul, Vegreville, Wetaskiwin...). They have pages because RAE reports them, but they are not part of the Edmonton totals.
Data obtained from the REALTORS® Association of Edmonton (RAE) monthly market statistics reports.
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