{"id":47942,"date":"2026-06-17T18:16:24","date_gmt":"2026-06-17T22:16:24","guid":{"rendered":"https:\/\/housesigma.com\/blog-en\/?p=47942"},"modified":"2026-06-17T18:16:26","modified_gmt":"2026-06-17T22:16:26","slug":"infographic-where-edmonton-condos-buyers-can-find-the-most-and-biggest-below-list-price-cuts","status":"publish","type":"post","link":"https:\/\/housesigma.com\/blog-en\/infographic-where-edmonton-condos-buyers-can-find-the-most-and-biggest-below-list-price-cuts\/","title":{"rendered":"Infographic: Where Edmonton condos buyers can find the most \u2014 and biggest \u2014 below-list price cuts"},"content":{"rendered":"\n

Most Edmonton-area homes sold for less than their asking price in May 2026, as buyers retained the market advantage. However, whether a deep discount was available varied wildly, depending on both home type and community.<\/p>\n\n\n\n

The median sale price across the Greater Edmonton Area was $445,000 in May, up 1.6% from April and 2.5% from a year earlier. But the three housing types moved in different directions. <\/p>\n\n\n\n

Detached homes led at a median of $530,000, up 2.9% on the month and 2.8% over the year. Attached homes (duplexes and townhouses) climbed fastest, reaching $370,000 on gains of 5.7% from April and 5.6% from a year earlier. <\/p>\n\n\n\n

Condo apartments went the other way, slipping to $192,000, down 4.0% on the month and 2.3% on the year \u2014 the only segment trading below where it sat last spring.<\/p>\n\n\n \n $<\/text><\/svg><\/span>\n \n How to spot your negotiating room on any home purchase<\/span>\n The two data points on every HouseSigma listing that make it easy<\/span>\n <\/span>\n \n \n <\/svg>\n <\/a>\n \n\n\n\n

Homes selling under asking<\/strong><\/p>\n\n\n\n

The typical Greater Edmonton home in May sold for about $5,250 under its final list price, a gap of roughly 1.5%, and 70.7% of all sales closed below asking. One in five (20.5%) still sold above list, so competition has not vanished. <\/p>\n\n\n\n

The room to negotiate was widest for condos, which sold a median 3.2% below asking, and narrowest for detached homes at 1.1%, with attached homes in between at 1.7%.<\/p>\n\n\n\n

Condo buyers in two of the city’s core communities are negotiating hardest of all. Nearly four in 10 condo sales in Oliver, and close to three in 10 in Downtown Edmonton, closed at least 5% below the seller’s list price \u2014 the highest concentration of deep below-asking deals anywhere in the region. The median Downtown Edmonton condo was also sold for 10% less than one year previously. <\/p>\n\n\n\n

The month’s outlier sales-vs-list prices<\/strong><\/p>\n\n\n\n

A few sales fell well outside the typical range in terms of list price versus final sale. The largest premium paid in dollar terms was a four-bedroom detached home in North-West Edmonton<\/a> that sold for $2.56 million, $310,000 above its $2.25 million asking price. The biggest jump by percentage was a four-bed bungalow in St. Albert<\/a>, which sold for $521,500 against a $400,000 list, 30.4% over. <\/p>\n\n\n\n

At the other end of the scale, a six-bedroom, 5,646-square-foot mansion in Rural Strathcona County<\/a> sold for $1.5 million, $200,000 below its $1.7 million asking price. The deepest percentage discount was ceded by the seller of a Drayton Valley manufactured home<\/a>, which sold for 22.1% under its modest $43,000 asking price. <\/p>\n\n\n\n

What it all means for buyers and sellers<\/strong><\/p>\n\n\n\n

Buyers have real room to negotiate this spring, and the most of it is in the condo market, particularly in close-in communities like Oliver and Downtown Edmonton where below-asking sales are most common. On the flip side, detached buyers in established neighbourhoods are likelier to face competition and should be ready to move on well-priced listings. <\/p>\n\n\n\n

For sellers, the takeaway is to price to the market from the outset, because with most homes closing below ask, an ambitious list price tends to invite negotiation rather than a premium.<\/p>\n\n\n\n

Check out the full Greater Edmonton May 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.<\/strong><\/p>\n\n\n\n