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Edmonton Market Report

$477,143

AVERAGE PRICE OF 5,566 HOMES

$1,926,863

AVERAGE PRICE OF 280 MULTI-MILLION DOLLAR HOMES

$642,795

AVERAGE PRICE OF 949 NEWLY BUILT HOMES

$410,740

AVERAGE PRICE OF 899 HOMES WITH A POOL

$435,103

AVERAGE PRICE OF 261 REDUCED PRICE HOMES

Average Home

Average Price $477,143
Avg Bedrooms 2.98 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $186,443
2 bedrooms $287,278
3 bedrooms $457,868
4 bedrooms $615,842
5 bedrooms $713,485
Edmonton Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 5,090 4,703 4,325 4,061 4,709
Average Price $477,815 $475,359 $467,072 $463,074 $457,380
Avg Price Change +0.52% +1.77% +0.86% +1.24% +0.37%
Median Price $397,903 $399,810 $392,264 $380,989 $378,121
Med Price Change -0.48% +1.92% +2.96% +0.76% -0.49%
Avg Bedrooms 2.97 beds 2.95 beds 2.93 beds 2.93 beds 2.96 beds
Avg Bathrooms 2.07 baths 2.06 baths 2.03 baths 2.01 baths 2.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Jasper Place School 62 $519,711 43 days
Ross Sheppard School 38 $1,016,013 66 days
Strathcona 37 $627,463 50 days
Strathcona School 49 $598,779 48 days
Victoria School 48 $350,223 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,566 $477,143 55 days
Multi-Million Dollar Homes 280 $1,926,863 81 days
Newly Built Homes 949 $642,795 69 days
Homes with a Pool 899 $410,740 52 days
Reduced Price Homes 261 $435,103 54 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 May 27, 2023 10 PM
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