Why “typical” instead of “average”? These are median figures: half the listings are above the number and half are below it. A small number of luxury listings raise the averages.
The quick market story
The average asking price is approximately $278,720, but the typical active condo is listed closer to $230,000. Nearly six out of every ten condos are priced at $250,000 or less, and more than three out of four are below $300,000.
Where is the inventory priced?
| Asking price | Condos | Share |
|---|---|---|
| Under $150,000 | 275 | 12% |
| $150,000–$199,999 | 570 | 25% |
| $200,000–$250,000 | 501 | 22% |
| $250,001–$299,999 | 312 | 13% |
| $300,000–$399,999 | 444 | 19% |
| $400,000 and above | 210 | 9% |
How long are condos taking to sell?
The typical active listing has been on the market for 43 days. The average is 55 days, but unusually old listings pull that figure upward.
About two-thirds of the current inventory has been listed for 60 days or less. Once a condo reaches 30 to 45 days without enough showing activity, it is already older than roughly half of the competing market.
Apartment condos face the most competition
| Condo type | Listings | Typical price | Typical DOM |
|---|---|---|---|
| Apartment or high-rise | 1,433 | $199,900 | 50 days |
| Townhouse or multi-level | 770 | $306,844 | 32 days |
| Bungalow or one-level | 106 | $255,000 | 39 days |
Apartment condos represent approximately 62% of all available inventory. Their typical market time is 18 days longer than townhouses, largely because buyers can compare many similar units and buildings.
Two-bedroom condos dominate the market
| Bedrooms | Available | Typical price | Typical DOM |
|---|---|---|---|
| One bedroom | 439 | $164,500 | 52 days |
| Two bedrooms | 1,189 | $225,000 | 45 days |
| Three bedrooms | 578 | $314,000 | 36 days |
| Four bedrooms | 76 | $309,450 | 27 days |
More than half of active listings have two bedrooms, making this the largest and most competitive segment.
What buyers should know
The lowest asking price is not always the best value. Compare the complete ownership picture before making an offer.
- Monthly condo fees and what they include
- Reserve fund, financial statements and upcoming repairs
- Special assessments, insurance and deductibles
- Parking, storage, bylaws and restrictions
- Recent sales in the same building
What sellers should know
Your condo may compete with similar units in the same building as well as nearby communities. Accurate pricing, presentation and a clear point of difference matter.
- Price against the closest building-specific comparables
- Respond early if showings and feedback are weak
- Highlight parking, renovations, view, storage and amenities
- Prepare current condo documents before listing
- Use recent sold evidence—not only active asking prices
This is only half of the market picture
Active listings show buyers’ choices and sellers’ competition. They do not show what buyers actually paid, the sale-to-list ratio or how quickly successful listings sold.
See what 3,494 completed sales reveal about actual prices, negotiation, market time and buyer demand.
View the sold condo reportContact Enayat Aminzadah, Realtor® and Certified Condo Specialist, for calm, data-informed guidance based on your property and goals.
Ask Enayat About Your CondoAnalysis of 2,312 unique active Edmonton condominium listings exported from the REALTORS® Association of Edmonton MLS® system on July 31, 2026. Figures are rounded for readability. Asking prices are not completed sale prices.