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Free Home Value for Short-term bungalow in Rich Valley
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Local Market Insight & Pricing Context
Edmonton Weekly Market Monitor
Weekly Market Monitor — Updated March 4, 2026
Here’s what changed in the Edmonton real estate board feed over the last 7 days:
- New listings: 952
- Price changes: 369
- Sold: 555
- Pending: 936
- Open houses: 161
- Tours: 1
- Back on market: 128
- Rented: 12
Want a price that’s tied to today’s market? Get a free home value report and compare it to your municipal assessment.
Monthly Market Statistics Update
Greater Edmonton Real Estate Monthly Market Statistics – February 2026 (REALTORS® Association of Edmonton release: March 2, 2026)
The Greater Edmonton Area reported 1,606 sales in February 2026 (up 39.7% from January 2026, and down 11.5% year-over-year). There were 3,020 new listings (up 23.6% month-over-month and up 15.4% year-over-year). Inventory rose 11.4% from the previous month and sits 34.6% higher than February 2025. The average residential sale price increased to $454,801 (up 1.4% from January and up 1.5% year-over-year). The MLS® HPI composite benchmark price was $419,600 (up 0.9% from January and down 2.1% year-over-year).
By property type (February 2026 averages):
- Detached: $571,372 (up 2.7% m/m, up 1.1% y/y)
- Semi-detached: $441,958 (up 4.5% m/m, up 4.8% y/y)
- Row/Townhome: $307,526 (up 3.8% m/m, up 2.3% y/y)
- Apartment Condo: $212,133 (down 6.0% m/m, down 1.4% y/y)
How Price Ranges Perform in This Market
- Under $250,000: Affordable entry-level housing. Often favored by first-time buyers and investors seeking rental cash flow.
- $250,000–$350,000: One of the strongest demand ranges. Single-family homes with garages in this bracket tend to move quickly.
- $350,000–$425,000: Still affordable and competitive. Larger lots and older homes with renovation or suite potential are common.
- $425,000–$525,000: Renovated homes with finished basements dominate this segment and attract move-up buyers.
- $525,000–$625,000: Newer homes with front-attached garages and separate entrances are among the fastest sellers.
- $625,000+: Transition into luxury properties where location, finishes, and lot size drive value.
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