It’s common sense that the longer a home takes to sell, the more likely it will sell for below asking price. But how long it takes for the chances of getting list price to degrade is usually a mystery.
New HouseSigma data has found that, of the Greater Edmonton homes that sold in June within just a week of listing, a whopping 73% closed at or above asking price — 161 out of the 221 within-a-week sales. In the second week, that proportion falls to 46%. For homes sold in the third week on market, it halves again to 23.4%, and by the fourth it is 14.5%. Across the whole month, regardless of time on market, just 26.9% of Edmonton-area sales achieved asking price or higher (see infographic below).
Speed alone does not produce a higher price. A home that sells fast and a home that gets its asking price are usually the same home for a reason: it was priced close to what buyers already thought it was worth.
Browse homes for sale near you Updated continuously from MLS feeds across Canada — filter for your price range and home specificationsOne caveat to note is that this trend describes only the homes that sold in June 2026. Greater Edmonton saw 4,838 new listings in June against 2,772 sales, so a considerable number of home sellers are not included in these numbers at all, and are still awaiting a sale.
Sale prices in June
The regional median sale price was $441,500 in June, down 0.8% from May and up 2.7% from June 2025 (see infographic below).
Detached homes sold at a median of $515,000, down 2.8% on the month but up 1.0% from June 2025. Attached homes came in at $355,000, down 4.1% on the month and 1.7% lower than last June. Condo apartments were the only type to gain monthly ground in June at $195,500, up 1.8% from May, though still 2.2% below where they sat last June.
No individual property type matched the region’s overall 2.7% annual gain. That increase comes from the mix of what sold rather than from homes gaining value. Detached houses, the most expensive type, made up 61.9% of June’s sales against 58.8% a year earlier, while condo apartments, the least expensive, fell from 16.1% of sales to 13.6%. That mix shift pushes the overall median (mid market) price upwards.
Sale prices vs list prices
The median Edmonton-region home sold for 1.7% below its final asking price in June, a shortfall of $6,450. Around 73% of sales closed below asking, 19% above, and 8% landed exactly on the number.
The discount is not shared evenly across property types:
- Detached: 1.4% below asking
- Attached: 1.7% below asking
- Condo: 3.3% below asking
The outliers above and below list price
The homes that sold the most and least over or under asking price show the month’s spread, and are notable by the time each spent on the market.
A six-bedroom house at 8723 137 Street NW, built in 1966, was listed at $1,300,000 and sold for $1,500,000 a mere four days later. That $200,000 premium is the largest in dollar terms of any June sale in the region. In percentage terms, the highest proportion over ask was seen by a two-bedroom unit at 11255 31 Avenue NW listed at just $70,000 and sold for $85,000, or 21.4% over asking. It took 38 days to get there, which is an exception the pattern set out above; figures drawn from the region’s 2,744 sales describe the odds rather than every outcome.
June’s largest shortfalls fit the pattern more closely. A seven-bedroom home at 6508 109 Avenue NW, listed at $1,595,000 in January, sold on June 1 for $1,325,000 — $270,000 under asking, after 144 days on the market. And a one-bedroom at 3507 60 Street NW, listed at $74,999, sold after 18 days for only $45,000, or 40% below asking. That’s the deepest percentage discount of the month, when excluding a mobile home that sold 42% under its $42,900 asking price.
What it all means for buyers and sellers
For sellers, the first two weeks are the clearest indication of whether the asking price was right: homes priced close to what buyers will pay tend to sell quickly and at that price. Homes that sit without an offer are usually priced above what the market will bear, and June’s figures suggest that buyers will correct that position with time.
For buyers, it’s clear that a home that has been available for a month or more is where the negotiating room is, since only one in seven sales closing after four weeks on market reached its list price. For condo buyers, it’s worth remembering that this segment also saw the deepest discounts off asking price.
Check out the full Edmonton June 2026 PriceWatch infographic below for more details and breakdowns by area and property type. Mouseover or touch the price chart points to reveal the full data.
See the latest real estate market trends Monthly stats updated for the Greater Edmonton market — filter for your individual community