Story perspectives

Edmonton Real Estate Soars: 36.9% Sales Jump in March

4/6/2025

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Summary

Story summary

Edmonton's real estate market experienced a significant surge in March 2025, with 2,494 homes sold, marking a 36.9% increase from February.
New listings increased by 44.5%, reaching a total of 3,780 homes.
The average price for detached homes rose to $574,872, an 11.2% increase from the previous year.
A $200,000 price difference with Calgary fuels migration to Edmonton, sustaining strong housing demand.
Ongoing inventory shortages are attributed to a high percentage of rental-based housing projects.

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Story summary

Edmonton's real estate market experienced a significant surge in March 2025, with 2,494 homes sold, marking a 36.9% increase from February.
New listings increased by 44.5%, reaching a total of 3,780 homes.
The average price for detached homes rose to $574,872, an 11.2% increase from the previous year.
A $200,000 price difference with Calgary fuels migration to Edmonton, sustaining strong housing demand.
Ongoing inventory shortages are attributed to a high percentage of rental-based housing projects.