As the leaves fall and the temperatures dip, Edmonton’s real estate market has shifted into a more balanced and strategic phase. October 2025 brought a mix of steady growth, price adjustments, and increased inventory across several property types — offering opportunity on both sides of the transaction.
Whether you’re a first-time buyer, a seller preparing to list, or an investor looking for smart timing, here’s what you need to know about how the market performed last month — and what it means heading into winter.
A Quick Look at the Numbers
October’s statistics showed meaningful shifts across the board:
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Detached homes saw a slight dip in price, with the average edging down about 2% from September. However, prices remained relatively flat year-over-year, with a modest 0.3% increase.
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Semi-detached homes continued to perform well, with an average price of $433,760, marking a 3.1% monthly gain and 5.3% growth compared to October 2024.
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Townhomes held strong at an average of $303,382, representing a 3.4% year-over-year increase.
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Apartment-style condos experienced a small pullback. Prices dipped 4.9% from the previous month, landing at an average of $207,363, though still up 3.8% year-over-year.
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Sales activity remained steady, with 12% more homes sold than in September, and a 15% increase in new listings coming to market.
So, what does all this mean in practical terms? Let’s break it down.
What This Means for Buyers
If you’re in the market to buy, this season could be one of your best windows of opportunity.
The slight price cooling in detached homes, paired with increased inventory, creates more options and less competition. Sellers listing in fall and winter are often motivated, which means buyers may have more leverage to negotiate — especially on closing dates, included appliances, or price adjustments.
Additionally, interest rates have remained steady in recent months. Locking in a rate now, especially before any future changes, can protect your monthly payments and increase your purchasing power.
Buyer Tip:
Get pre-approved and align with a Realtor® who understands both the numbers and the neighborhoods. By acting before the spring rush, you may find more value and less stress in the home buying process.
What This Means for Sellers
While activity has slowed compared to the peak summer months, the Edmonton market is far from dormant. In fact, fall and early winter attract serious buyers — the ones who are pre-approved, goal-oriented, and ready to make a move.
Semi-detached homes and townhomes continue to show healthy demand, and detached homes priced competitively are still moving. The key is proper preparation and positioning. Homes that show well in seasonal lighting, offer cozy appeal, and are priced to reflect current conditions will always stand out.
Seller Tip:
Use this time to prepare your home for winter showings. Think warm lighting, inviting curb appeal, and clean, staged interiors. With less competition, your listing will get more attention — and may even sell faster than expected.
Looking Ahead: What to Expect This Winter
Edmonton’s market doesn’t hibernate during winter — it just becomes more focused. Buyers and sellers who stay active during this time are usually motivated and ready to work with experienced professionals.
If you’re thinking about making a move early in 2026, now is the time to prepare. Getting a head start means you can hit the ground running in January while others are still waiting for spring.
Final Thoughts
The October 2025 market showed signs of balance and resilience across Edmonton. Whether you’re navigating your first purchase or preparing to list your family home, success comes from understanding the timing, the numbers, and the strategy behind every decision.
As your trusted local expert, I’m here to help you make informed moves — no matter the season.
Let’s plan Your Smoothest Move.
Dawn Morgan
REALTOR®️ | eXp Realty
Serving Edmonton and Surrounding Areas
📍 Ready to Buy or Sell? Call me Today!
🌐 www.realestatebydawn.ca
📲 Call/ Text 780-721-5225