By Calvin Hexter, Calvin Realty/ Exp Realty February 11th, 2026
If you just skim headlines, you’d think the Edmonton market slowed down hard in January.
But when you actually break the numbers down, what I see isn’t weakness — I see positioning.
Let’s start with the Greater Edmonton Area.
New listings came in strong at 2,518 for the month, up significantly month-over-month and slightly up year-over-year. That tells me sellers are entering the market again with confidence. Inventory is sitting at 4,901 homes, translating to 4.3 months of inventory. That’s not a runaway seller’s market, and it’s not oversupplied either. It’s balanced — and balanced markets are where disciplined investors win.
Sales were down year-over-year, and that’s where a lot of people stop reading. But here’s the nuance: slower sales combined with steady listing growth creates leverage for buyers who are prepared. It creates negotiation room. It creates conditional offers that actually get accepted. It creates price discipline.
Prices overall remain resilient. Average residential price across the region sits around $449,000, up year-over-year. Detached homes are holding strong in the mid-$500s, semi-detached in the low $400s, townhomes in the high $200s, and condos in the low $200s. That condo number matters. Apartments are up double digits year-over-year, yet still trading around $226,000 regionally and $215,000 within the City. That’s entry-level price with rent growth still supporting strong cash flow.
Now zoom into the City of Edmonton specifically.
We saw 1,799 new listings and 791 sales. Months of inventory is sitting at 4.5. Again — balanced. Not panic. Not frothy. Balanced.
Days on market has improved materially compared to last year. Across all residential, homes are moving faster than they were in 2025. Row houses and condos have seen significant improvements in absorption speed. That tells me demand hasn’t disappeared — it’s become selective.
For investors, this is the environment I like.
We’re not competing in 12-offer bidding wars.
We’re not watching runaway appreciation price us out.
We’re not guessing at rent growth — we’re seeing it.
Instead, we’re in a phase where:
• Sellers are more reasonable
• Buyers have time to analyze
• Cash flow is still achievable
• Appreciation is steady, not speculative
And that’s how long-term wealth gets built.
Edmonton continues to offer what most major Canadian cities can’t: entry prices under $500K, condo inventory under $250K, solid population growth, and an economy that is stabilizing rather than overheating.
The loud money is chasing headlines in Toronto and Vancouver. The quiet money is accumulating here.
If you’re an investor, this isn’t a “wait and see” market. This is a “run the numbers properly and act when the math works” market.
Opportunity doesn’t always show up when it’s obvious. Often it shows up when the noise makes people hesitate.
Right now, I see leverage. I see stability. And I see long-term positioning.
That’s where I’m focused.