The Edmonton housing market remains strong in 2025, continuing its upward trend from last year. As of May, the benchmark home price in Edmonton reached $439,100, representing nearly a 10% increase year-over-year. The average sale price also rose to $464,277, a 5% gain compared to the same time last year.
Detached homes are leading the way, with benchmark prices jumping 11% annually to $518,500. Condominiums and townhouses are also seeing steady gains, and sales activity remains brisk. The sales-to-new-listings ratio currently sits around 60%, marking a strong seller’s market.
Population Growth and Demand
While interprovincial migration has slightly slowed, Alberta continues to experience significant population growth. In the first quarter of 2025, the province gained over 7,000 new residents from other provinces, extending an 11-quarter streak of population growth. International migration remains a key factor as well, sustaining high demand for housing in cities like Edmonton.
Edmonton’s appeal lies in its balance of affordability, quality of life, and economic opportunity. Home prices remain well below those in Ontario and British Columbia, making it an attractive destination for individuals and families looking to relocate. Additionally, a growing tech sector and investment in healthcare and education continue to diversify the local economy.
Housing starts have also increased, as developers respond to demand. While this will help with long-term inventory, the current market still faces tight supply and increasing competition among buyers.
What This Means for Buyers, Sellers, and Investors
For sellers, rising prices and limited inventory provide a strategic opportunity to list. Many are finding quicker sales and stronger offers compared to previous years.
Buyers should be prepared to act quickly and may need to adjust expectations. While Edmonton remains more affordable than many major Canadian cities, rising interest rates and competition are starting to shape buyer behavior.
For investors, the combination of high rental demand, increasing property values, and a steadily growing population makes Edmonton a compelling market to watch.
The Bottom Line
The Edmonton housing market in 2025 is marked by steady price increases, sustained population growth, and strong demand across all housing types. Whether you’re buying, selling, or investing, understanding the market trends is key. And when it’s time to make your move, Canadian Moving Services is here to help. In a fast-paced market, having a reliable, experienced moving team on your side means one less thing to worry about. Contact us today for a competitive quote and let us take the stress out of your next move.