By Josh Tagg, mortgage broker · Mortgages for Less with INDI Mortgage · Calgary, serving all of Alberta ·
Hi Edmonton, Josh Tagg here. I recently shared the September 2025 real estate stats for our city, and I want to break down what those numbers mean for first-time home buyers—especially those looking for a mortgage broker to help navigate this market.
In my video, I started off with a disclaimer: “I’m not licensed in real estate, so I’m going to tell you the numbers, but I’m not giving you any real estate advice.” With that out of the way, let’s dive in.
Did Edmonton home sales drop in September 2025?
We saw a dip in sales from August to September, dropping from 2,382 to 2,192. While that’s fewer sales than in recent months, it’s important to look at the bigger picture. I noted, “If we look back over the last five years, we’re actually only lower than 2024, so that does suggest we have good, strong sales here in Edmonton.”
Sales were especially strong during the COVID period, then slowed when interest rates rose in 2022. Since then, the market has recovered, and 2025 September numbers are still solidly in a seller’s market. Inventory, however, is climbing. “We haven’t really seen inventory above 7,000 much over the last five years…which does mean it’s taking longer to sell all the listings, but it’s still fewer than four months worth of inventory,” I explained.
How long are Edmonton homes staying on the market?
For all homebuyers, timing matters. Detached homes are selling in about 37 days, almost identical to last year and last month. Semi-detached homes are taking slightly longer at 38 days, compared to 29 days a year ago, and apartments are moving a bit faster than last year. I pointed out that, “Obviously, there are listings that never sell and those don’t factor into these numbers.”
| Property type | Sep 2025 | Aug 2025 | Sep 2024 |
|---|---|---|---|
| Detached | 37 | 36 | 37 |
| Semi-detached | 38 | 35 | 29 |
| Row houses | 40 | 33 | 36 |
| Apartment condos | 46 | 44 | 48 |
Are Edmonton home prices going down?
Median sale prices tell an important story. For detached homes, we saw a downward trend of roughly $15,000 from last month and $24,000 from July, though prices are still up compared to last year. Semi-detached homes increased slightly to $424,000 from $418,000, while townhouses are back above $300,000 after dipping in the summer. Apartment condos remain steady between $190,000 and $200,000, showing stability over the past few years.
| Property type | Month over month | Year over year |
|---|---|---|
| Detached | −2.6% | +0.6% |
| Semi-detached | +1.4% | +4.2% |
| Row houses | +3.2% | +5.3% |
| Apartment condos | −3.6% | +1.4% |
I summarized it this way: “Apartments are very stable in their pricing. They’re not going down, which is fantastic, but they haven’t really had the same upward pull over the last five years as the other property types.”
Why should Edmonton buyers consider a mortgage broker?
Navigating these numbers and the Edmonton market can be overwhelming, especially for first-time buyers. A mortgage broker can help you understand how much you can afford, find competitive rates, and guide you through the pre-approval and financing process. With sales strong, inventory growing, and prices fluctuating slightly, having an expert in your corner is more important than ever.
To get the full breakdown straight from me, check out the video on YouTube here. Don’t forget to like, subscribe, and hit the bell so you get notified whenever we post new content weekly.
How an Alberta mortgage broker helps Edmonton buyers in a shifting market
More listings and slightly softer prices give buyers room to negotiate, but only if the financing is ready:
- Work out how much you can afford before you start booking showings.
- Compare rates across multiple lenders, not just the one your bank offers.
- Get a pre-approval with a rate hold, so you can move when the right listing appears.
- Show how a detached home, townhouse or condo changes your payment and down payment.
- Find a lender when your bank has said no, including self-employed and credit-rebuilding files.
Shopping for a home in Edmonton?
Know your budget and your options before you make an offer.
Apply Online → Book a Discovery Call → Serving Calgary, Edmonton & all of Alberta · Mortgages for Less with INDI MortgageQuestions about Edmonton’s September 2025 housing market
How many homes sold in Greater Edmonton in September 2025?
Was Edmonton still a seller’s market in September 2025?
How long did Edmonton homes take to sell in September 2025?
Did Edmonton detached home prices drop in September 2025?
What happened to Edmonton condo and townhouse prices?
How can a mortgage broker help a first-time buyer in Edmonton?
This article was written in October 2025; market data, interest rates and mortgage rules may have changed since then. Josh Tagg is not licensed in real estate, and this is not real estate advice. It is general information for Alberta homebuyers, not financial, mortgage or legal advice. Rates, products and qualification rules vary by lender. Please speak with a licensed mortgage professional about your specific circumstances. Mortgages for Less with INDI Mortgage.
