February marked a clear rebound in the Greater Edmonton Area real estate market. After a quieter start to the year, both sales and listings picked up momentum, creating a more balanced environment with renewed opportunity for buyers and a competitive but strategic landscape for sellers. Here is what stood out and what it means.
Sales Rebounded as Buyer Activity Increased
The Greater Edmonton Area recorded 1,606 residential sales in February 2026, up 39.7% from January but 11.5% below February 2025. This rebound shows buyers returning to the market with confidence after a measured start to the year.
Buyer demand is returning steadily, and with more options now available, buyers can take a more strategic approach to finding their next home.
New Listings Surged, Expanding Choice
February saw 3,020 new listings, a 23.6% increase from January and 15.4% higher than February 2025. Total inventory rose 11.4% month over month and is now 34.6% higher than last year, giving buyers more choices and negotiation power. For sellers, pricing right and presenting homes well remains key to standing out.
Home Prices Show Modest Gains
The average selling price across all residential property types rose 1.4% from January to $454,801, which is 1.5% higher than February 2025. The MLS® Home Price Index (HPI) composite benchmark price was $419,600, up 0.9% from January but down 2.1% year over year. Overall, prices remain stable, signaling a market that is rebounding without overheating.
Market Activity by Property Type
| Property Type | Sales (Feb 2026) | Month over Month Change | Year over Year Change | New Listings | Month over Month Change | Year over Year Change |
|---|---|---|---|---|---|---|
| Detached Homes | 35.8% ↑ | ↑ 35.8% | ↓ 12.4% | ↑ 20.7% | ↑ 20.7% | ↑ 13.2% |
| Semi-Detached Homes | 43.4% ↑ | ↑ 43.4% | ↓ 1.9% | ↑ 8.1% | ↑ 8.1% | ↑ 29.0% |
| Row / Townhomes | 47.9% ↑ | ↑ 47.9% | ↓ 15.0% | ↑ 25.7% | ↑ 25.7% | ↑ 11.5% |
| Apartment Condos | 42.8% ↑ | ↑ 42.8% | ↓ 11.9% | ↑ 22.7% | ↑ 22.7% | ↑ 19.7% |
Pricing by Property Type
| Property Type | Average Price |
|---|---|
| Detached Homes | $571,372 |
| Semi-Detached Homes | $441,958 |
| Row and Townhomes | $307,526 |
| Apartment and Condos | $212,133 |
Overall Market Snapshot
| Metric | February 2026 |
|---|---|
| Total Sales | 1,606 |
| New Listings | 3,020 |
| Average Selling Price | $454,801 |
| Benchmark Price (HPI) | $419,600 |
| Inventory vs Feb 2025 | ↑ 34.6% |
Overall Market Takeaways
February 2026 shows a market transitioning from cautious to confident. Buyers are returning, inventory is expanding, and pricing remains steady. This combination creates a balanced and strategic environment where both buyers and sellers can make thoughtful, informed decisions.
For buyers, the increased options and moderate competition mean more control and the ability to negotiate smarter.
For sellers, while demand is strong, strategic pricing and presentation are crucial to standing out as more homes enter the market. Detached homes and townhomes continue to attract strong attention, while condominiums require targeted marketing to highlight their value.
In short, the Edmonton market is practical, steady, and opportunity-rich, giving both buyers and sellers clarity as we move into the spring season.
Your Next Step
Whether you are looking to buy, thinking about selling, or just want to understand how February’s activity impacts your goals, now is the time to plan strategically.
Reach out today to discuss your options, review your neighbourhood’s trends, and create a plan tailored to your needs. With the market gaining momentum, having the right strategy can make all the difference.
