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Edmonton Market Report

$493,298

AVERAGE PRICE OF 5,004 HOMES

$1,876,783

AVERAGE PRICE OF 278 MULTI-MILLION DOLLAR HOMES

$637,041

AVERAGE PRICE OF 972 NEWLY BUILT HOMES

$447,074

AVERAGE PRICE OF 876 HOMES WITH A POOL

$439,146

AVERAGE PRICE OF 242 REDUCED PRICE HOMES

Average Home

Average Price $493,298
Avg Bedrooms 3.03 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $198,229
2 bedrooms $291,918
3 bedrooms $475,630
4 bedrooms $633,132
5 bedrooms $738,276
Edmonton Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 5,197 5,456 5,543 5,624 5,425
Average Price $491,943 $491,763 $482,105 $480,739 $484,047
Avg Price Change +0.04% +2.00% +0.28% -0.69% +1.30%
Median Price $404,976 $399,618 $396,637 $395,674 $395,224
Med Price Change +1.34% +0.75% +0.24% +0.11% -0.68%
Avg Bedrooms 3.02 beds 2.99 beds 2.98 beds 2.99 beds 2.98 beds
Avg Bathrooms 2.09 baths 2.08 baths 2.07 baths 2.08 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Jasper Place 33 $694,047 50 days
Jasper Place School 35 $593,876 39 days
Ross Sheppard School 44 $905,536 57 days
Strathcona School 50 $646,884 57 days
Victoria School 32 $428,045 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,004 $493,298 59 days
Multi-Million Dollar Homes 278 $1,876,783 93 days
Newly Built Homes 972 $637,041 60 days
Homes with a Pool 876 $447,074 56 days
Reduced Price Homes 242 $439,146 50 days

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RE/MAX Excellence
Lokesh Sharma
201, 5607-199 Street
Edmonton, AB T6M 2T6
780-271-9100

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2023 by the REALTORS® Association of Edmonton. All Rights Reserved. Data last updated October 3, 2023 7 PM
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