Infographics: May 2026 RAE Edmonton Market Reports

Strong detached price growth contrasts with softening condo market in May

The Greater Edmonton Area (GEA) real estate market reported 2,557 sales in May 2026, increasing 3.2% in comparison to activity in April 2026 and decreasing 13.4% compared to May 2025. There were 4,855 new listings — a month-over-month increase of 21.7% and a year-over-year increase of 2.7%. Inventory levels rose 13.4% from the previous month and are 23.9% higher than May 2025.

Average selling price across all residential property types increased by 2.7% from the previous month to $491,794, a price 6.3% higher than May 2025. The MLS® Home Price Index (HPI) composite benchmark price in the GEA was $432,200, increasing 0.1% from April 2026 and decreasing 1.8% year-over-year.

“May saw steady price growth across our residential market, with the all-residential average price rising to nearly $492,000. Detached homes led the way with a 4.8% year-over-year price increase—significantly outperforming other housing types, which saw more modest gains or outright declines. Condominiums in particular have seen weakening prices, as available inventory and competition has risen.” –Darlene Reid, 2026 Board Chair, REALTORS® Association of Edmonton

Read the full report on RAE website!

The following data is a comparison between May 2026 and May 2025 numbers, and is current as of June of 2026. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

Download Printable Version – May 2026 RAE, Edmonton Report

Last Updated on June 5, 2026 by myRealPage