Edmonton Market Report

$476,608

AVERAGE PRICE OF 5,529 HOMES

$1,874,922

AVERAGE PRICE OF 284 MULTI-MILLION DOLLAR HOMES

$640,549

AVERAGE PRICE OF 948 NEWLY BUILT HOMES

$416,330

AVERAGE PRICE OF 890 HOMES WITH A POOL

$378,391

AVERAGE PRICE OF 306 REDUCED PRICE HOMES

Average Home

Average Price $476,608
Avg Bedrooms 2.99 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $186,324
2 bedrooms $283,802
3 bedrooms $459,715
4 bedrooms $620,774
5 bedrooms $709,518
Edmonton Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 5,425 5,090 4,703 4,325 4,061
Average Price $484,047 $477,815 $475,359 $467,072 $463,074
Avg Price Change +1.30% +0.52% +1.77% +0.86% +1.24%
Median Price $395,224 $397,903 $399,810 $392,264 $380,989
Med Price Change -0.68% -0.48% +1.92% +2.96% +0.76%
Avg Bedrooms 2.98 beds 2.97 beds 2.95 beds 2.93 beds 2.93 beds
Avg Bathrooms 2.07 baths 2.07 baths 2.06 baths 2.03 baths 2.01 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Jasper Place 34 $720,652 41 days
Jasper Place School 56 $533,573 44 days
Ross Sheppard School 40 $994,204 60 days
Strathcona School 48 $616,926 49 days
Victoria School 52 $346,454 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,529 $476,608 55 days
Multi-Million Dollar Homes 284 $1,874,922 77 days
Newly Built Homes 948 $640,549 68 days
Homes with a Pool 890 $416,330 53 days
Reduced Price Homes 306 $378,391 46 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 June 6, 2023 4 AM
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