Reporting period: January 1 to July 31, 2026. “Typical” refers to the median, meaning half the sales were above the figure and half were below it.
The quick market story
Edmonton recorded 3,494 condo sales during the first seven months of 2026, representing approximately $874.9 million in total sales volume. The typical condo sold for $225,000, while the average was approximately $250,398.
Most condos sold below their final asking price. The typical negotiation was approximately $6,500 below list, and the market returned about 97.1% of final asking price overall.
What prices are buyers paying?
| Sold-price range | Sales | Share |
|---|---|---|
| Under $150,000 | 545 | 16% |
| $150,000–$199,999 | 744 | 21% |
| $200,000–$250,000 | 818 | 23% |
| $250,001–$299,999 | 420 | 12% |
| $300,000–$399,999 | 718 | 21% |
| $400,000 and above | 249 | 7% |
Approximately 60% of all sales closed at $250,000 or less, while 81% sold below $400,000. The $200,000–$250,000 range generated the largest number of transactions.
How much negotiating is happening?
About 85.5% sold below asking price. Only 14.5% sold at or above list, showing that multiple-offer outcomes occur but are not the normal experience across the overall condo market.
Time on market affects negotiating power
| Days on market | Sales | Typical sale-to-list | Typical discount |
|---|---|---|---|
| 0–14 days | 514 | 98.5% | $3,900 |
| 15–30 days | 1,089 | 97.7% | $5,000 |
| 31–60 days | 1,008 | 96.9% | $7,900 |
| 61–90 days | 437 | 96.4% | $7,900 |
| More than 90 days | 446 | 96.2% | $8,900 |
The strongest results occurred during the first two weeks. As listings aged, the typical sale-to-list ratio declined and the negotiation gap grew. This does not prove time alone caused the discount, but it strongly reinforces the importance of correct launch pricing.
Sales accelerated in the spring
Monthly sales rose from 301 in January to a peak of 587 in April. Activity remained strong through July, with 553 completed sales. The typical monthly pace was approximately 499 sales.
Apartment, townhouse and bungalow results
| Condo type | Sales | Typical sold price | Typical DOM | Sale-to-list |
|---|---|---|---|---|
| Apartment or high-rise | 1,913 | $190,500 | 37 days | 96.5% |
| Townhouse or multi-level | 1,345 | $288,000 | 29 days | 97.8% |
| Bungalow or one-level | 235 | $315,000 | 28 days | 97.8% |
Apartment condos accounted for 55% of sales but required more time and more negotiation. Townhouse and bungalow-style condos generally sold faster and closer to asking price.
How does sold activity compare with current inventory?
At the average 2026 sales pace, active inventory represents roughly 4.6 months of supply. Using July’s 553 sales alone produces approximately 4.2 months. This is a broad citywide estimate—not a substitute for building- or property-type-specific absorption.
The typical active asking price is about $5,000 above the typical 2026 sold price, while active listings have a longer typical market time. That gap suggests some current sellers may still need to adjust to the prices buyers have demonstrated they will pay.
What buyers should know
Most condos sold below asking price, but well-priced properties can still sell quickly or attract competing offers.
- Use recent sales from the same building whenever possible
- Compare condo fees, parking, condition and floor location
- Do not assume every older listing is overpriced or every new listing will sell at list
- Review the corporation’s documents and financial health before committing
What sellers should know
Properties selling within 14 days retained a stronger share of asking price. Listings that remained available longer generally gave up more during negotiation.
- Price against recent sold evidence—not hopeful active listings
- Prepare the condo documents and strongest marketing before launch
- Review showing activity during the first two to three weeks
- Adjust promptly when buyer response does not support the price
Compare these completed sales with the 2,312 active listings in the July 2026 Edmonton Condo Market Snapshot.
View active condo inventoryContact Enayat Aminzadah, Realtor® and Certified Condo Specialist, for calm, data-informed guidance based on your property and goals.
Ask Enayat About Your CondoAnalysis of 3,494 unique Edmonton condominium sales reported through the REALTORS® Association of Edmonton MLS® system from January 1 to July 31, 2026. Sale-to-list calculations use the final list price in the supplied records. Figures are rounded for readability.