The Edmonton housing market is ramping up as we emerge from our months-long deep freeze, and we took a look at how different property types are performing as we head into spring.
According to the latest report from the Realtors Association of Edmonton (RAE), the Greater Edmonton Area (GEA) real estate market reported 1,606 sales in February 2026. That’s a 39.7 per cent increase compared to January, though sales were down 11.5 per cent from February 2025.
There were also 3,020 new listings, up 23.6 per cent month-over-month and 15.4 per cent higher than this time last year. Overall inventory rose 11.4 per cent from January and sits 34.6 per cent higher than February 2025.
The average selling price across all residential property types rose 1.4 per cent from the previous month to $454,801, which is 1.5 per cent higher than February last year.
The MLS Home Price Index (HPI) composite benchmark price in the GEA was $419,600, up 0.9 per cent from January but down 2.1 per cent year-over-year.
“In February, more than any groundhog, the Greater Edmonton Area property market gave us a sure sign that spring is on its way. Signs of life and activity heating up are consistent across almost all property types, with the exception of condos, where prices adjusted downward from last month and are lower than last year,” said Darlene Reid, 2026 Board Chair of the REALTORS Association of Edmonton.
“As other property categories see price increases, apartment condos may rely on their affordability, possibly attracting first-time homeowners and investors.”
All property types saw big month-over-month sales gains, led by row and townhomes, which jumped 47.9 per cent. Semi-detached sales followed with a 43.4 per cent increase, apartment condos rose 42.8 per cent, and detached homes climbed 35.8 per cent over January.
Semi-detached homes
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These saw the largest annual increase in new listings. Listings for this property type rose 8.1 per cent from the previous month and 29.0 per cent year-over-year. Sales increased 43.4 per cent from January but were 1.9 per cent lower than February 2025. Average prices rose 4.5 per cent from January to $441,958, which is 4.8 per cent higher than the previous year.
Row and townhomes
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Prices for this property type increased 3.8 per cent from last month and 2.3 per cent from February of the previous year, averaging $307,526. New listings also saw a large month-over-month increase, rising 25.7 per cent from January and 11.5 per cent compared to February 2025. Sales for row and townhouse properties saw a whopping 47.9 per cent month-over-month but were 15.0 per cent lower year-over-year.
Apartment condominiums
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Apartment condominium sales also increased in February, with 42.8 per cent more units sold than the previous month, though sales were still 11.9 per cent lower than the previous year. New listings increased 22.7 per cent month-over-month and 19.7 per cent year-over-year. Condominium prices averaged $212,133 at the end of February 2026, decreasing 6.0 per cent from January and 1.4 per cent compared to February 2025.
Detached homes
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Detached home prices averaged $571,372, increasing 2.7 per cent from January 2026 and 1.1 per cent from February 2025. Detached sales rose 35.8 per cent from the previous month but fell 12.4 per cent short of sales in February of last year. New detached listings increased 20.7 per cent month-over-month and 13.2 per cent year-over-year.
You can find the full report on the Realtors Association of Edmonton website.