As we head into fall, Edmonton’s real estate market is seeing a shift—August sales are down 10% compared to last year, and there are more listings for buyers to choose from. In my experience serving Edmonton and area, I’ve seen that homes priced right continue to attract solid offers, while those listed too high tend to linger and often end up selling for less. If you’re considering selling, a thoughtful pricing strategy is more important than ever to help your home stand out amid the increased competition.

Thinking about making Edmonton your new home, especially if you're coming from Ontario or BC? Here’s a key difference you’ll notice: Alberta doesn’t have a land transfer tax. Instead, when you buy a home here, you’ll pay Land Titles registration fees—which, for most Edmonton properties, usually amount to just a few hundred dollars each. This is one of the advantages I highlight for clients looking to settle in Edmonton and surrounding areas: your closing costs can be pleasantly lower than what you might expect elsewhere in Canada. As someone dedicated to serving real estate needs across Alberta, I’m always happy to help you navigate these local details so your move feels that much smoother.

The Greater Edmonton Area market appears to be moderating and softening, creating a different landscape for both buyers and sellers. Homes averaged 44 days on market and sold for approximately 98% of the asking price, suggesting that preparation, pricing, and negotiation are increasingly important.

For buyers, rising inventory means more choice. With supply up 16.7% year over year and sales down 10.3%, buyers may have more time to compare properties and consider conditions such as inspections, financing, and sale of an existing home. A thoughtful offer can be more valuable than simply acting quickly.

Sellers need to recognize that today’s buyers have alternatives. Accurate pricing, strong presentation, and a clear marketing strategy can help a listing stand out. Pricing too high may lead to longer market time and future reductions, while a well-positioned home can attract serious attention from the start.

Data on homes sold above list price and properties that went off market within two weeks was not provided, so those indicators should not be assumed. If you’re considering a move, a local Edmonton market review can help you understand current comparable sales and choose the right next step.