Edmonton Real Estate Market Update – May 2025

Is the Market Shifting? Inventory Surge Offers Clues

The Edmonton real estate market is showing early signs of change as we head into the summer of 2025. If you’ve been wondering whether now is the right time to buy, sell, or simply watch the market—this update is for you.

In May, we saw a significant increase in inventory, a modest dip in prices, and faster sales activity. This combination could signal a shift toward a more balanced market—great news for buyers and a call for strategic planning for sellers.

 Quick Stats for May 2025

  • Residential Sales: 2,967 homes sold (⬆️ 9.7% from April, ⬇️ 7.9% from May 2024)

  • New Listings: 4,917 (⬆️ 27.8% from April, ⬆️ 16.1% year-over-year)

  • Inventory: 8,379 total active listings (⬆️ 19.9% from April, ⬆️ 13.2% year-over-year)

  • Average Residential Price: $464,277 (⬇️ 1.4% from April, ⬆️ 5.2% from May 2024)

  • Detached Home Avg.: $579,704

  • Duplex Avg.: $419,071

  • Condo Avg.: $254,331

  • Average Days on Market: 29 days (⬇️ from 34 days last year)

What This Means for Homeowners and Buyers

For Buyers:

With more homes on the market and slightly softening prices, you're likely to find more choice and negotiation room—but homes are selling faster, so act decisively when you find the right fit.

For Sellers:

Increased inventory means more competition, so pricing right and presenting your home well are key. The good news? Demand is still strong, and homes are moving quickly when positioned correctly.

Is the Market Shifting?

This rise in inventory may signal the beginning of a transition from a seller’s market to a more balanced market. That doesn’t mean prices are falling significantly—it means the playing field is leveling. Buyers are gaining confidence, and sellers need to be more strategic.

READ MORE about the Edmotnon Housing Market and stay connected to know more about your neighbourhood market report

 Final Thoughts

The May 2025 data reflects an important time in the Edmonton real estate market. Whether you’re planning a move this year or just keeping an eye on trends, staying informed is your best strategy.

📞 Have questions about buying, selling, or the value of your home? I’m here to help with honest advice and local expertise.

Let’s talk real estate that works for you.