Published: June 30, 2026 | The Real Estate Team | thereteam.ca

Summer is officially here in Edmonton, and the real estate market is shifting, heating up in some areas while cooling in others. Whether you are thinking about buying your first home, listing your property, or growing your investment portfolio, this update covers what matters right now.

The Big Picture: Edmonton's Market Is Balanced, and That's Good News

Edmonton has moved into balanced market territory. Things feel different than the frenzied pace of last year, and depending on which side of the transaction you're on, that's something to be glad about.

Here is the snapshot for May and June 2026:

• Average sale price: approximately $491,794, up 6.3 percent year over year

• MLS® Benchmark price: $416,800, a more conservative measure that controls for home mix

• Active inventory: up approximately 20 percent from a year ago

• Months of supply: 3.07 months

• Average days on market for well priced detached homes: 33 days or less

• Sales to new listings ratio: approximately 53 percent, classic balanced territory

Neither buyers nor sellers hold a dramatic advantage right now, which means deals can get done fairly on both sides.

For Sellers: Your First Two Weeks Are Everything

If you are thinking about listing this summer, here is the most important thing to know, the first 10 to 14 days on market are your golden window.

That's when your home gets the most eyes, the most showings, and the most competitive offers. Price it right from day one, invest in great photography, and make sure your online presence is dialed in. If buyers scroll past you in week one, getting them back is an uphill battle.

A few tips for Edmonton sellers right now:

• Price with data, not emotion. With inventory up 20 percent year over year, overpriced homes are sitting. Buyers have options, but a well priced home in the right area is still moving in under 33 days.

• Staging sells. With more competition on the market, presentation matters more than ever. Homes that show beautifully are still generating strong interest.

• Don't wait for next spring. Summer buyers are motivated, with real deadlines like school enrolment, job starts, and lease ends. List now and catch them while they're actively searching.

For Buyers: The Condo Market Just Got Interesting

Apartment condo benchmark prices have dropped to $201,900, down 9.3 percent from a year ago. That's a significant dip, and with inventory sitting high in that segment, buyers have real negotiating power. If you have been on the fence, the condo segment right now represents genuine value, especially for first time buyers looking to build equity without stretching the budget.

What's working in buyers' favour:

• Rates have stabilized. The Bank of Canada held its overnight rate at 2.25 percent on June 10, 2026. The prime rate sits at 4.45 percent. Best 5 year variable rates are hovering around 3.35 percent, and the best 5 year fixed is approximately 4.04 percent. Today's rates already reflect the current monetary policy environment, so waiting for a drop has largely stopped paying off.

• More choices. With 20 percent more inventory than last year, you're not forced into desperate bidding situations. Take your time, do your due diligence, and negotiate.

• Edmonton remains one of Canada's most affordable major cities. Compared to Calgary, Vancouver, or Toronto, your dollar goes significantly further here, which is a key reason Edmonton's demand stays resilient.

For Investors: Where the Smart Money Is Looking

Edmonton's investment landscape is evolving, and the opportunities are real if you know where to look.

Detached over condos for appreciation. With condo prices declining, detached single family homes remain the stronger play for investors seeking long term appreciation. Well located infill lots and mature neighbourhood homes continue to hold value.

University neighbourhoods for rental yield. Areas like Garneau, Strathcona, and Ritchie continue to deliver strong rental yields. Proximity to the University of Alberta creates consistent demand from students, faculty, and young professionals.

The Valley Line West LRT, get ahead of it. The extension is projected to wrap up construction in 2028. Properties within walking distance of future stations tend to see price appreciation in the years leading up to and following a transit opening. This is roughly a two year window to get in before that surge.

Infill incentives. Edmonton's city infill development programs continue to create attractive redevelopment opportunities in mature communities, worth exploring for investors with renovation or development experience.

The Verdict: Has the Market Peaked for 2026?

Several analysts suggest Edmonton's market may have hit its high water mark for the year. Inventory is growing, sales are down year over year, and the frenzy of early spring has cooled. But peaked doesn't mean crashed. A balanced market with strong employment fundamentals and relative affordability doesn't fall off a cliff.

What it does mean is that this is a window of opportunity, for buyers to get in without the panic of a seller's market, for sellers to act decisively before conditions soften further, and for investors to pick up assets at reasonable prices before the next growth cycle begins.

Edmonton continues to punch above its weight as one of Canada's most resilient real estate markets. The fundamentals are strong, the deals are there, and you just need the right guide to find them.

Ready to Make Your Move?

Whether you're buying, selling, or investing in the Edmonton area, Mary Bark and David Szusz of The Real Estate Team are here to help you navigate it with confidence.

Call or text The Real Estate Team today 780 905 6255 · thereteam.ca

Market statistics sourced from REALTORS® Association of Edmonton (RAE), WOWA.ca, and CMHC, June 2026. This blog is for informational purposes. For personalized real estate advice, contact Mary Bark and David Szusz of The Real Estate Team at thereteam.ca.

The Real Estate Team, Mary Bark and David Szusz, RE/MAX River City

About The Real Estate Team

Who are Mary Bark and David Szusz?

Mary Bark and David Szusz are REALTORS® with RE/MAX River City who work together as The Real Estate Team, serving Edmonton and the surrounding region. Mary brings a background in new home sales and construction, and both Mary and David relocated to the Edmonton area themselves, Mary from Ontario in 2014 and David from Ontario in 2021, which gives them firsthand experience helping other relocating families settle in.

What areas does The Real Estate Team serve?

The Real Estate Team serves all of Edmonton, Sherwood Park, St. Albert, Leduc, Beaumont, and the rural areas of Strathcona County, Sturgeon County, and Parkland County. Whether a client is looking in the city core or a rural acreage outside Edmonton, the team covers the full region.

Is The Real Estate Team part of RE/MAX?

Yes. Mary Bark and David Szusz are REALTORS® with RE/MAX River City, and The Real Estate Team operates under that brokerage. RE/MAX River City handles all regulated brokerage compliance for the team's transactions.

How do I contact The Real Estate Team?

You can reach The Real Estate Team at 780 905 6255 or through thereteam.ca. Mary can be reached directly at mary@thereteam.ca and David at david@thereteam.ca.

Relocating to Edmonton

Does The Real Estate Team specialize in relocation?

Yes. Relocation is a core focus for The Real Estate Team. Both Mary Bark and David Szusz moved to the Edmonton area from Ontario themselves, Mary in 2014 and David in 2021, so they understand what it feels like to buy a home in an unfamiliar city and can guide out of province buyers through the process from a personal point of view, not just a professional one.

What should I know before moving to Edmonton from another province?

Buyers relocating to Edmonton should plan around a few key differences from other Canadian markets, including generally more affordable home prices, a wider range of new construction options, and distinct neighbourhood character across communities like the inner city, the southwest, and surrounding towns such as Sherwood Park and St. Albert. The Real Estate Team works with out of province buyers regularly and can set up virtual tours, video walkthroughs, and area orientation calls before a buyer ever steps off the plane.

Can I buy a home in Edmonton without visiting in person first?

Yes. The Real Estate Team regularly helps clients purchase sight unseen or with only one in person visit, using video walkthroughs, detailed area guidance, and close communication throughout the process. This is common for buyers relocating for work or family reasons on a tight timeline.

Which Edmonton area suburbs are good for newcomers?

Sherwood Park, St. Albert, Leduc, and Beaumont are all popular choices for people relocating to the Edmonton area, each offering a different mix of commute distance, school options, and community feel. The right fit depends on where you will be working and what kind of pace of life you want, and The Real Estate Team can walk through the tradeoffs based on your specific situation.

Buying a Home

How do I start the process of buying a home with The Real Estate Team?

The process starts with a conversation about your budget, timeline, and what you need in a home, followed by mortgage pre approval guidance, a personalized search, and scheduled showings. Mary Bark and David Szusz handle this directly rather than handing buyers off to a junior team member.

Does The Real Estate Team help with new construction and builder purchases?

Yes. Mary Bark has a background in new home sales and construction, which means The Real Estate Team can advise buyers on builder contracts, lot selection, upgrade decisions, and what to watch for when buying a new build, in addition to representing buyers on resale homes.

What does it cost to use a buyer's agent in Edmonton?

In most residential transactions in Alberta, the seller pays the commission that is shared with the buyer's agent, meaning there is typically no direct cost to the buyer for representation. The Real Estate Team can explain exactly how this works for your specific transaction during an initial consultation.

How competitive is the Edmonton housing market right now?

Market conditions in Edmonton shift by season, price range, and neighbourhood, so the best way to get an accurate read is to ask directly. The Real Estate Team tracks local market data closely and can give you a current, neighbourhood specific answer rather than a general national headline.

Selling a Home

How does The Real Estate Team market a listing?

The Real Estate Team builds a marketing plan for each listing that includes professional photography, a strong presence on REALTOR.ca and the Paragon MLS network, targeted social media promotion, and open houses where appropriate, with reporting back to the seller on exposure and buyer activity throughout.

How do I find out what my home is worth?

The most accurate way to find out what your home is worth is a comparative market analysis based on recent sales of similar homes in your specific area, which The Real Estate Team provides at no cost. Online estimate tools can be a starting point but often miss the details that actually move local pricing.

How long does it typically take to sell a home in the Edmonton area?

Time on market varies by neighbourhood, price point, and season, and can range from days to several weeks or longer depending on conditions. The Real Estate Team can give you a realistic estimate specific to your property and area rather than a generic regional average.

Do you provide feedback after showings?

Yes. The Real Estate Team provides sellers with feedback reports after showings and open houses, including online exposure data and in person feedback, so sellers always know how their listing is performing and what adjustments, if any, are worth considering.

Working With The Real Estate Team

Why work with a team instead of a single agent?

Working with The Real Estate Team means you have two experienced REALTORS® available, Mary Bark and David Szusz, which means faster response times, broader availability for showings, and two perspectives on pricing, negotiation, and market strategy, while still working with the same two people throughout rather than being passed to unfamiliar staff.

What makes The Real Estate Team different from other Edmonton REALTORS®?

Three things set The Real Estate Team apart, Mary's background in new home sales and construction, the fact that both Mary and David relocated to Edmonton themselves and understand that experience firsthand, and full coverage across Edmonton, Sherwood Park, St. Albert, Leduc, Beaumont, and the surrounding rural counties.

How can I see reviews from past clients?

Past client reviews for The Real Estate Team are available on RankMyAgent and Google Business Profile, and can also be found through thereteam.ca. David Szusz in particular has built a strong base of verified reviews over the years.

Does The Real Estate Team work with both buyers and sellers?

Yes. Mary Bark and David Szusz both represent buyers and sellers, and frequently work with clients who are doing both at once, such as a family selling their current home while buying their next one in a different Edmonton area community.

Mary Bark and David Szusz, The Real Estate Team, RE/MAX River City 780 905 6255 · thereteam.ca

If you're weighing a move from Ontario to Edmonton, cost is usually the first question and the hardest one to get a straight answer on. Here's what The Real Estate Team tells clients making this exact move.

Is housing really cheaper in Edmonton than Ontario?

Generally, yes, often significantly so. Buyers coming from the GTA frequently find that the same budget that bought a townhouse back home can buy a detached single family home with a yard in Edmonton. Lot sizes tend to be larger here too, which matters for families wanting outdoor space without a long commute.

What about everyday costs, like groceries and gas?

Day to day costs in Edmonton are broadly comparable to Ontario, with some categories like fuel often running lower. The bigger savings usually show up in housing and taxes rather than your weekly grocery bill.

Does Alberta have a provincial sales tax?

No. Alberta is the only province in Canada with no provincial sales tax, so you pay GST only on most purchases. For a family budgeting a move, that difference adds up over a year.

What should Ontario buyers budget for beyond the purchase price?

Plan for legal fees, a home inspection, moving costs, and Alberta's land titles transfer fee, which is lower than Ontario's land transfer tax. Many Ontario buyers are pleasantly surprised when they compare closing costs side by side.

How does the new home market in Edmonton compare to Ontario?

Edmonton has an active and competitively priced new home market, with builders actively releasing lots in growing communities. Mary Bark's background started in new home sales and construction before becoming a REALTOR®, so The Real Estate Team can walk you through builder reputations, lot premiums, and what's worth paying for versus what isn't, the same way someone who worked inside that industry would.

What's the first step if I'm relocating from Ontario?

Start with a relocation consultation before you book a flight. The Real Estate Team can walk you through neighbourhoods, current listings, and realistic timelines over a video call, so you arrive in Edmonton already knowing where to focus your search.

Talk to a Team That Knows Both Sides of the Move

Mary Bark and David Szusz of The Real Estate Team at RE/MAX River City have helped Ontario families relocate to Edmonton, Sherwood Park, St. Albert, Leduc, and Beaumont with confidence. Reach out to start your relocation consultation.

The Real Estate Team | RE/MAX River City mary@thereteam.ca · david@thereteam.ca · 780-905-6255 · thereteam.ca

If you are buying or selling in Edmonton this month, here is what the latest numbers actually mean for you. We pulled the most current data from the REALTORS® Association of Edmonton, CREA, and WOWA so you are working from real market conditions, not guesswork.

What is the average home price in Edmonton right now?

As of May 2026, the average residential sale price across Edmonton sits at roughly $491,794, while the MLS® Home Price Index benchmark price (a more stable measure of typical home value) is around $432,200. Edmonton's benchmark price rose slightly month over month but is down about 1.8 percent compared to a year ago, while the average price is up close to 6 percent year over year. The gap between those two numbers tells the real story: a higher mix of larger, pricier homes is selling, while the typical home's value has held mostly flat.

Is Edmonton a buyer's market or a seller's market this year?

It depends on the property type and price range. Heading into 2026, Edmonton is shaping up as a generally balanced market overall, though single family homes and luxury properties in select areas are still seeing seller favoured conditions. If you are selling a well priced detached home in a desirable neighbourhood, you likely still have leverage. If you are selling a condo or competing against a wave of new listings, buyers have more room to negotiate.

How much have Edmonton home prices actually grown?

Looking at full year numbers, Edmonton's average residential sale price climbed about 6.3 percent between 2024 and 2025, moving from roughly $431,994 to $459,179, even as the total number of sales transactions dropped by about 5.6 percent over the same period. Fewer sales but higher prices usually points to tighter inventory in the segments buyers want most, which lines up with what we are seeing on the ground in neighbourhoods like Chappelle, Windermere, and Glenora.

Are there more homes for sale in Edmonton right now?

Yes, and this is the detail most buyers do not know yet. In April 2026, new listings across the Greater Edmonton Area reached 4,204, up close to 14 percent from March and over 9 percent compared to April 2025, pushing overall inventory more than 31 percent higher than the same time last year. More choice on the market generally means more negotiating room, longer decision windows, and less pressure to overbid.

What is happening with condo prices in Edmonton?

Condo prices averaged $225,842 in April 2026, up about 6.5 percent from March and roughly 3.4 percent compared to April 2025, even as condo sales activity ran behind the prior year's pace. For anyone purchasing their first home, this remains one of the more accessible entry points into Edmonton ownership, particularly in established central neighbourhoods.

Will interest rates affect Edmonton buyers this summer?

The Bank of Canada held its policy interest rate at 2.25 percent through at least mid June, and that stability has helped fuel the strongest stretch of market activity so far this year. A steady rate environment generally keeps monthly payments predictable, which is part of why we are seeing more buyers move from browsing to making offers right now.

What should Edmonton sellers do with this information?

Price accurately from day one. With inventory climbing, overpriced listings sit longer and end up chasing the market down instead of leading it. A correctly priced home in a strong neighbourhood is still selling quickly and competitively.

What should Edmonton buyers do with this information?

Get pre approved and move with confidence. Rate stability plus rising inventory is a window that will not stay open indefinitely, and well priced homes in popular pockets like Avonmore, Larkspur, and Terwillegar are still moving fast.

Ready to talk about your specific situation?

Numbers tell part of the story. Your street, your timeline, and your goals tell the rest. Reach out to Mary Bark and David Szusz at The Real Estate Team, RE/MAX River City, for a conversation grounded in what is actually happening in your neighbourhood.

The Real Estate Team | RE/MAX River City 780 905 6255 | thereteam.ca