2026 Q2 · Alberta

Edmonton Home Appraisal Market Report

Detached benchmark above prior peak on strong in-migration; condo recovery accelerating.

Snapshot

Key benchmarks

Benchmark detached

$498K

+6.8% YoY

Benchmark condo apartment

$224K

+4.4% YoY

Months of inventory

2.1

−0.5 YoY

Sales-to-new-listings ratio

66%

+5pts YoY

Avg days on market

−6 days YoY

What it means for appraisals

Implications this quarter

•Edmonton 2024 zoning renewal (up to 8 units on most low-density lots) changes HBU analysis on infill.
•Acreage activity in Sturgeon, Parkland strong.

Order mix

Why people order in Edmonton

Purchase mortgage38%

Refinance22%

Acreage12%

Estate11%

Investor / income9%

Other8%

Watch items

On the horizon

•Zoning Bylaw Renewal — HBU pivot on infill lots.

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