Winter brings a drop in temperatures and home sales
Edmonton, AB – December 2, 2025 — For November 2025, the Greater Edmonton Area (GEA) real estate market reported 1,654 sales, a 19.7% decrease compared to activity in October 2025 and a 13.5% decrease compared to November 2024. There were 2,281 new properties listed, decreasing 27.9% month-over-month, tracking 11.0% higher year-over-year. Inventory levels fell 10.6% from the previous month but are 33.3% higher compared to the previous year.
Average selling price across all residential property types decreased by 1.7% in November to $447,005, reflecting a 2.7% increase compared to November 2024. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $415,500, a 1.3% decrease from October 2025 and 3.3% higher than one year ago.
“Last month’s market shift was significant, but well within seasonal expectations. This time of year typically brings fewer sales and more days on market, and it’s not unusual to see softening prices during the colder months, as motivated sellers try to close a deal before year-end. Usually though, it’s a time of year where different priorities are taking precedence over house-hunting, and it’s a great time to start planning for the 2026 market.” –Darlene Reid, 2025 Board Chair, REALTORS® Association of Edmonton
Data by Property Type
Detached home average prices decreased 1.0% from October 2025 to $553,746, and increased 2.6% compared to November 2024. Sales in the detached category fell 22.7% from last month and 15.2% from last year. New detached listings fell 29.2% month-over-month, but are still 12.5% higher year-over-year.
Semi-detached new listings decreased 39.4% from the previous month and increased 17.0% year-over-year. Sales also slowed, decreasing by 7.8% compared to October 2025, but increased 3.1% compared to last year. Average prices fell 1.2% from October to $423,790—a price 5.5% higher than the previous year.
Row/townhomes prices decreased 2.5% in November, averaging $289,605. This price reflects a 0.3% increase from the previous year. New listings were also 30.8% lower than October but remained higher than the previous year by 17.7%. Sales for row/townhouse properties decreased by 11.9% month-over-month and 12.5% compared to November 2024.
Apartment condominiums sales slowed from October, selling 23.4% fewer units than the previous month and 18.8% fewer than the previous year. New listings slowed by 31.4% from October but remained 0.5% higher than the previous year. Condominium prices averaged $205,314 at the end of the month, a 1.3% increase from October and a 2.5% increase compared to November 2024.
