The summer market has officially wrapped up, and the Greater Edmonton Area is shifting gears. August brought a noticeable slowdown as both sales and new listings eased from July’s peak, and homes are beginning to take longer to sell. While seasonal cooling is expected this time of year, the latest numbers point to a market that is gradually moving toward balance.
Market Snapshot – August 2025
- Homes Sold: 2,382 (16.7% less than last month and 7.8% less than last year)
- New Listings: 3,785 (lower than July, still higher than 2024)
- Average Price (All Residential): $461,281 (down slightly month-to-month, up compared to last year)
- MLS® Benchmark (Composite): $427,900 (unchanged from July, higher than last year)
- Inventory: 7,141 homes available (building steadily, creating more choice for buyers)
- Average Days on Market: 37 (properties are taking longer to sell)
What This Means for Sellers
With inventory climbing, buyers have more options. This makes pricing and presentation more important than ever. Homes that are staged, marketed well, and aligned with current market conditions will continue to stand out and attract motivated buyers. Sellers who are proactive and realistic in their approach will be best positioned to succeed.
What This Means for Buyers
For buyers, this market presents opportunity and leverage. More inventory and longer days on market mean more negotiating power and time to make confident decisions. Well-prepared buyers can find excellent homes without the urgency that comes during peak seller’s market conditions.
Market Outlook
With approximately three months of inventory now available, Edmonton is steadily moving toward a balanced market—a more even playing field between buyers and sellers. While overall activity has cooled, the fundamentals remain strong. Interest rates, steady demand, and healthy market dynamics continue to support solid transactions.
The key to success in this evolving market is knowledge, strategy, and timing. Sellers who price right and show their homes at their best will continue to attract offers, while buyers who stay informed and act strategically will find opportunities to purchase confidently.
Key Takeaways
- The summer surge is over; market activity has slowed.
- Inventory is building, creating more balance between buyers and sellers.
- Sellers must focus on competitive pricing and strong presentation.
- Buyers now have more negotiating room and options.
- Strategy and timing are the difference-makers in today’s market.
For the full data release from the REALTORS® Association of Edmonton, visit: RAE Market Statistics
