Edmonton Southwest

Housing Market Review
Live reportAugust 2026

In August 2026 the average home in Edmonton Southwest sold for $465,237, 0.9% below the Edmonton average of $469,602.

Average Price
$465,237
MoM-6.8%
YoY0.3%
Transactions
171
MoM-19.7%
YoY-25.7%

Average Sold Price*

*All residential. RAE prints zone prices per home type: the average is each type's average weighted by its sales

Transactions*

*All residential. RAE prints zone prices per home type: the average is each type's average weighted by its sales

Market Conditions

August 2026

Median, Detached$612,000
YoY0.7%
Half sold for more, half for less
Median, Semi-detached$395,000
YoY-6.3%
Half sold for more, half for less
Median, Row / Townhouse$289,500
YoY-1.2%
Half sold for more, half for less
Median, Apartment Condo$191,500
YoY-8.8%
Half sold for more, half for less
Overview - DetachedAugust 2026
Average Price
$683,435
MoM-2.5%
YoY-2%
Average Sold Price
Transactions
79
MoM-25.5%
YoY-22.5%
Transactions
Overview - Semi-detachedAugust 2026
Average Price
$469,447
MoM-15.3%
YoY-1.8%
Average Sold Price
Transactions
15
MoM15.4%
YoY7.1%
Transactions
Overview - Row / TownhouseAugust 2026
Average Price
$286,311
MoM-5.3%
YoY-5.3%
Average Sold Price
Transactions
33
MoM13.8%
YoY-13.2%
Transactions
Overview - Apartment CondoAugust 2026
Average Price
$206,230
MoM-16.7%
YoY-9.9%
Average Sold Price
Transactions
44
MoM-32.3%
YoY-42.1%
Transactions

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.

The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.