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Edmonton Market Report

$495,252

AVERAGE PRICE OF 5,094 HOMES

$1,860,543

AVERAGE PRICE OF 297 MULTI-MILLION DOLLAR HOMES

$645,499

AVERAGE PRICE OF 942 NEWLY BUILT HOMES

$437,405

AVERAGE PRICE OF 878 HOMES WITH A POOL

$436,335

AVERAGE PRICE OF 278 REDUCED PRICE HOMES

Average Home

Average Price $495,252
Avg Bedrooms 3.02 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $196,647
2 bedrooms $293,122
3 bedrooms $479,407
4 bedrooms $645,321
5 bedrooms $724,760
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 34 $840,255 52 days
Jasper Place School 35 $588,527 49 days
Ross Sheppard School 43 $793,920 55 days
Strathcona School 51 $613,490 60 days
Victoria School 37 $424,880 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,094 $495,252 61 days
Multi-Million Dollar Homes 297 $1,860,543 94 days
Newly Built Homes 942 $645,499 62 days
Homes with a Pool 878 $437,405 60 days
Reduced Price Homes 278 $436,335 53 days

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MaxWell Challenge Realty
Don Unger
6650 177 St NW Suite 201
Edmonton, AB T5T 4J5
780-486-6999

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 28, 2023 3 PM
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