Edmonton Market Report

$496,795

AVERAGE PRICE OF 5,120 HOMES

$1,869,202

AVERAGE PRICE OF 297 MULTI-MILLION DOLLAR HOMES

$643,269

AVERAGE PRICE OF 957 NEWLY BUILT HOMES

$446,444

AVERAGE PRICE OF 881 HOMES WITH A POOL

$418,015

AVERAGE PRICE OF 250 REDUCED PRICE HOMES

Average Home

Average Price $496,795
Avg Bedrooms 3.02 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $198,139
2 bedrooms $294,257
3 bedrooms $478,135
4 bedrooms $646,392
5 bedrooms $733,450
Edmonton Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 5,456 5,543 5,624 5,425 5,090
Average Price $491,763 $482,105 $480,739 $484,047 $477,815
Avg Price Change +2.00% +0.28% -0.69% +1.30% +0.52%
Median Price $399,618 $396,637 $395,674 $395,224 $397,903
Med Price Change +0.75% +0.24% +0.11% -0.68% -0.48%
Avg Bedrooms 2.99 beds 2.98 beds 2.99 beds 2.98 beds 2.97 beds
Avg Bathrooms 2.08 baths 2.07 baths 2.08 baths 2.07 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Jasper Place 35 $826,245 52 days
Jasper Place School 36 $585,399 49 days
Ross Sheppard School 46 $888,773 54 days
Strathcona School 51 $640,337 61 days
Victoria School 35 $425,124 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,120 $496,795 60 days
Multi-Million Dollar Homes 297 $1,869,202 94 days
Newly Built Homes 957 $643,269 61 days
Homes with a Pool 881 $446,444 59 days
Reduced Price Homes 250 $418,015 54 days

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RE/MAX River City
100 10328 81 Ave NW
Edmonton, AB T6E 1X2

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 September 30, 2023 1 AM
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