Edmonton in September 2026
The REALTORS® Association of Edmonton (RAE) recorded 1,959 residential sales across the Greater Edmonton Area in September 2026 — down 8.8% from August and 10.3% from September 2025. New listings rose 7.2% from August to 3,864 (up 11.3% year over year), and inventory edged up 0.1% to 8,062 listings — 16.7% above a year earlier — putting months of supply at about 4.1. The all-residential average price was $466,080 (median $435,000), down 0.8% on the month but 2.9% above September 2025. By type, detached homes averaged $569,820, semi-detached $412,974, row/townhouses $289,640, and apartment condominiums $208,672. Homes took an average of 44 days to sell, five days longer than a year earlier.
RAE Board Chair Darlene Reid said, “Sales activity has slowed with the arrival of the new school year, and although new listings are up, typical seasonal trends suggest sales will not rebound until after year end.” With listings rising while sales fall, inventory is now 16.7% higher than a year ago, even though months of supply of about 4.1 still sits inside the balanced range.
Average, Median & Benchmark Prices
Edmonton’s all-residential average price was $466,080 in September 2026 — down 0.8% from August but 2.9% above September 2025. The median of $435,000 was unchanged from a year earlier. The MLS® HPI composite benchmark price was $423,100, down 0.9% on the month and 0.3% year over year. By property type, detached homes averaged $569,820, semi-detached $412,974, row/townhouses $289,640, and apartment condominiums $208,672. RAE reports a composite benchmark and average and median prices; the average is shown in the table below because it is the figure published for each property type.
| Property Type | Avg. Price | Sales MoM | Sales YoY |
|---|---|---|---|
| Detached | $569,820 | ▼ 6.2% | ▼ 6.5% |
| Semi-Detached | $412,974 | ▼ 15.5% | ▼ 10.9% |
| Row / Townhome | $289,640 | ▼ 12.8% | ▼ 20.1% |
| Apartment / Condo | $208,672 | ▼ 9.1% | ▼ 15.4% |
Source: REALTORS® Association of Edmonton (RAE), September 2026 monthly statistics package, October 2, 2026. Figures shown are average sale prices and sales-volume changes by property type; RAE’s release does not break the MLS® HPI benchmark out by property type for the same measure.
Supply and Demand Breakdown
That gap between listings arriving and homes selling is what has been loosening this market all year. September sales fell 8.8% on the month while new listings rose 7.2%, and months of supply at about 4.1 still sits inside the balanced range, but the direction of travel has been consistent since the spring.
What's Driving the Market
Interest rates: The Bank of Canada's overnight rate held at 2.25% through mid-2026, with 5-year fixed rates settling around 4.29–4.69%. Every mortgage — fixed or variable — must still qualify at the B-20 stress test floor of 5.25%. See our guide to the OSFI stress test and how to weigh fixed vs. variable in the current rate environment.
Alberta’s affordability edge: Edmonton’s $423,100 composite benchmark remains well below Calgary, Vancouver, and Toronto, and Alberta charges no provincial land transfer tax on a purchase — only a modest land titles registration fee. That combination continues to draw inter-provincial buyers seeking more house for their budget. Read more in our Alberta mortgage guide and the Alberta Advantage.
Demand versus supply: New listings were up 11.3% year over year while sales fell 10.3% — a gap that shows up directly in the 16.7% rise in inventory and the five-day increase in average days on market to 44. RAE’s Reid pointed to the seasonal pattern directly: sales have slowed with the new school year and are not expected to rebound until after year end.
First-time buyers: With apartment/condo prices averaging $208,672 and apartment sales down 15.4% year over year, entry-level buyers have room to negotiate. Our first-time buyer guide walks through down payment minimums, CMHC insurance, and the pre-approval process.
Edmonton Rents — September 2026
Average asking rents for apartments and condos in Edmonton were $1,522/month in September 2026, up 0.2% from August but down 3.2% from a year earlier, according to Rentals.ca — one of the largest annual declines among Canada’s six largest markets. One-bedroom units averaged $1,326/month (down 4.3% year over year), three-bedroom rents fell 1.4% to $1,981, and shared accommodation fell 4.5% to $758.
Source: Rentals.ca October 2026 National Rent Report (September 2026 data), published October 7, 2026. With ownership costs in Edmonton still well below rents in Vancouver, Toronto, or Calgary in dollar terms, many renters are running the numbers on buying — try our rent vs. buy calculator to see how your own numbers compare.
Nearby Markets & Related Resources
Key Terms
Market data on this page is compiled from REALTORS® Association of Edmonton (RAE), Rentals.ca, and other sources cited above. While every effort is made to ensure accuracy, this information may contain errors, may not reflect the most current figures, or may change after publication. Nothing on this page constitutes financial, legal, or investment advice. Before making any purchase, financing, or investment decision, verify current data directly with the original source. Nordaux and its affiliates are not liable for any loss or damage arising from reliance on this information.