Our February 2026 Greater Edmonton PriceWatch infographic (below) shows that the overall median sale price in Greater Edmonton rose a modest 0.8% year-over-year in February, from $425,000 to $428,500, suggesting a market holding firm. But when you split it by home type, the segments are moving in opposite directions — and the gap between them has widened since this time last year.

HouseSigma’s latest data analysis has found that detached homes, which account for more than half of all February transactions, dropped 2.7% year-over-year to a median of $504,950. Condos fell further, down 5.2% to $190,000. Attached homes such as half-duplexes and townhouses were the only home type to gain ground over the year, rising 5.8% to a median of $367,500. The overall market looks stable because the attached segment’s gains are largely offsetting losses in the other two segments.

Deepening discounts in detached sector

The shift in negotiating conditions reinforces this. A year ago in February, the typical Edmonton home sold right at its asking price — the median sale-to-list-price ratio across all property types was essentially zero. This February it sits at -1.0%, with 75.8% of homes closing below asking compared with 56.1% a year ago. The share selling over list has fallen from 33% to 17%.

Also a year ago, condos were the weakest segment in February 2025, with a median discount of 3% from list. Twelve months later that figure is unchanged, but what has changed is that detached and attached sellers have joined them in under-list territory. The buyer advantage that was once concentrated in the condo market has spread.

For buyers, the practical implication is that February 2026 offers more negotiating room across the board than February 2025 did — added to the lower entry prices in detached homes and condos. For condo sellers in particular, sale prices are down, discounts are deeper than any other segment at a median of 3% off, and sales volume has fallen. That combination of lower prices, softer demand, and persistent discounting makes the condo segment the one to watch as spring inventory builds.

Jay Sandhu, a leading HouseSigma agent in Edmonton, said, “What we’re seeing in Edmonton right now is a more segmented market the overall numbers look stable, but conditions vary quite a bit by property type. Buyers have gained more negotiating room across the board, especially in condos and some detached segments, while attached homes are still holding up relatively well. From a buyer’s perspective, there’s more opportunity and less urgency than a year ago. For sellers, especially in the condo space, pricing correctly has become much more important as competition increases.”

Check out the interactive Greater Edmonton PriceWatch infographic, below, which has more price breakdowns by geography and home type.

The post Infographic: Greater Edmonton’s overall home price increase hides a divided market appeared first on HouseSigma.

New HouseSigma data analysis on January 2026 market statistics (see infographic below) show a series of six market trends that were also seen recently in Greater Toronto, Metro Vancouver, and Greater Calgary prior to residential resale prices declining in those regions.

1. Sales have dramatically declined: HouseSigma’s sales data shows Greater Edmonton sales fell 26.3% year-over-year, from 1,592 to 1,173. The RAE’s official Greater Edmonton figure is similar, a decrease of 27.6 per cent compared with January 2025. When sales drop, prices usually follow, often with a three- to six-month lag.

2. Inventory is surging: Realtors Association of Edmonton reports 4,901 active listings in January, 32.7% higher than January 2025. The slowing of sales combined with new listings coming on stream has exponentially increased inventory levels.

3. Market absorption is plummeting: The sales-to-active listings ratio puts Greater Edmonton firmly into buyers’ market territory. This ratio is a leading indicator of where prices are heading, as when buyers have the upper hand, prices inevitably fall.

4. Homes are taking much longer to sell. Average cumulative days on market lengthened to 90 days, from 71 a year earlier. The longer homes take to sell, the more prices have to eventually fall — and the less pressure buyers have on them to pay full price. 

5. The share of homes selling above asking has collapsed, while below asking has risen: Our infographic shows only 12.7% of January 2026 sales went over asking, while 79.6% sold below list. This below-list proportion has dramatically increased compared with same metric across all of 2025.

6. The benchmark price has already started to crack: While median prices in HouseSigma data still show small year-over-year gains, the MLS Home Price Index — which controls for the mix of homes selling — tells a different story. RAE reports that the composite benchmark price in Greater Edmonton was $415,000, decreasing 0.1% from December 2025 and 1% year-over-year. 

“Greater Edmonton is clearly a transitioning market. Sales have slowed and inventory is building, which typically puts downward pressure on prices. I expect we’ll see moderate price adjustments in 2026, particularly in the condo segment, but not a severe correction. Affordability and steady demand fundamentals should help prevent a dramatic drop.”

Jay Sandhu, leading HouseSigma agent in Edmonton

Even the notable market outliers are demonstrating lower over-asking extremes. The home that sold in January for most over asking price, by both dollar amount and percentage, was this 1970s Sherwood Park house. It sold for $100,100 over its $449,900 asking price, which was a 22.2% premium — generous, but not as high as some of the outliers we saw in the region last year.

The residential property that went for most under asking by dollar amount was an architecturally striking five-bedroom house in the Heritage Valley area, which sold for $349K less than its $2,499,000 list price. By percentage amount, the home that lost the most was a manufactured home in Gibbons, the final sale price of $75K being 24.2% lower than its $94,900 asking price.

Check out the January 2026 Greater Edmonton PriceWatch infographic below for more real estate market data, including breakdowns by property type and municipality.

Keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Infographic: Greater Edmonton home prices poised to fall in 2026, market indicators reveal appeared first on HouseSigma.

Unlock Edmonton’s real estate potential with HouseSigma

As a valued HouseSigma user in Alberta, you may already have a taste of the power of our comprehensive real estate data in Calgary and other cities. Now, we are excited to extend that same level of insight to Edmonton, currently one of Canada’s most affordable real estate markets.

Whether you are considering expanding your investment portfolio or looking for a new home within Alberta, Edmonton offers a wealth of opportunities, and HouseSigma is here to help you navigate the Edmonton real estate market.

HouseSigma first to offer two years of Edmonton sold data directly from Edmonton’s real estate board

With our new addition of Edmonton sold data* directly from REALTORS® Association of Edmonton (RAE), HouseSigma provides unparalleled insights into the Edmonton real estate market. Our data allows you to make informed decisions with confidence. But that’s not all – HouseSigma offers a suite of analytics tools to enhance your real estate experience:

• Detailed Listings: Explore comprehensive property listings with all the information you need to make an informed decision.
• Market Trends: Stay up-to-date with the latest trends and movements in the Edmonton real estate market.
• Machine Learning powered tools: HouseSigma uses Machine Learning to equip you with valuable real estate information, such as estimated value, recommended listings, and sold comparables

Don’t miss out on this opportunity to access the most detailed and comprehensive real estate data in Edmonton. Check out the latest Edmonton listings on HouseSigma today and explore the wealth of information at your fingertips!

Also, we would love to hear from you about your experience in using HouseSigma! Click the button below to tell us your feedback.

*Note: Edmonton sold data is currently available only on the Desktop and Mobile Web versions of HouseSigma. Due to compliance with RAE regulations, this data is current not accessible through our Android and iOS apps.

The post Explore Edmonton with HouseSigma: Now featuring sold data from Edmonton real estate board appeared first on HouseSigma.