As winter settles in across Edmonton and Sherwood Park, the real estate market is doing exactly what we expect for this time of year — slowing in pace, but staying strong in value. While sales have cooled, homeowners continue to see their equity hold steady, and buyers are finally experiencing a more balanced market.
Sales Activity Down — But This Is Normal
Sales dropped nearly 20% compared to October, totaling just over 1,600 transactions. This decline happens every winter as families settle in for the holidays and fewer homes hit the market.
Home Prices Remain Strong
The average price across the Edmonton area is $447,000, which represents a 2.7% increase from last November. Even with the seasonal slowdown, home values are proving remarkably resilient.
Buyers Have More Inventory
Inventory is up 33% year-over-year, giving buyers access to more than 6,000 homes today. This means more choice, less competition, and a more manageable buying experience heading into 2026.
Sellers Need Patience — And Strategy
Homes are currently selling in 45 days on average. This is a season where pricing, presentation, and patience truly matter. The good news? Your equity is still growing, and well-priced homes continue to attract motivated buyers.
Planning for 2026 Starts Now
The winter market offers a window of opportunity for both buyers and sellers to prepare for the upcoming spring surge. Whether you're thinking about selling, upsizing, downsizing, or investing, having a plan in place now will position you for success in the new year.
If you’d like a personalized market evaluation or buying strategy session, I’m here to help.
I’m Benita Pashko with RE/MAX Elite — proudly serving Edmonton & Sherwood Park, and never too busy for your referrals.
