February is here, which means we finally have the January real estate numbers for Edmonton. I’m Josh Tagg, a mortgage broker here in Edmonton, and I just sat down with Jay Lewis, Edmonton real estate agent extrordinaire, to walk through what happened in the market last month and, more importantly, what it means for you if you’re thinking about buying your first home.
If you’re new to Canada or new to real estate, this is for you.
Why did Edmonton home sales slow in January?
January sales came in at 1,151 homes sold in Edmonton. That’s down from 1,315 in December, which was already lower than November.
This might sound concerning at first, but it’s very normal for January. Fewer people list and buy homes during the winter, especially after the holidays. We see this seasonal slowdown almost every year.
The key takeaway: this isn’t a red flag — it’s expected.
Is Edmonton housing inventory increasing?
Inventory (the number of homes for sale) increased to 4,901 listings, up from 4,517 in December.
For buyers, especially first-time buyers, this is good news. More inventory means more choice, slightly less pressure to rush, and better chances to negotiate. Many buyers still wish there were even more homes available, but this increase is a step in the right direction.
Are Edmonton homes taking longer to sell?
We also saw a small increase in days on market.
- Detached homes took about 4 days longer
- Semi-detached homes saw a bigger increase
- Row houses and apartment condos also slowed
| Property type | Jan 2026 | Dec 2025 | Jan 2025 |
|---|---|---|---|
| Detached | 54 | 50 | 51 |
| Semi-detached | 52 | 43 | 36 |
| Row houses | 68 | 46 | 38 |
| Apartment condos | 71 | 53 | 57 |
This tells us the market is calming down compared to the fast pace we saw last year. For first-time buyers, this can make the experience less stressful and more manageable.
What’s happening with Edmonton home prices?
Overall prices were very stable in January.
- Detached homes stayed around $515,000
- Semi-detached homes held at about $420,000
- Townhouses dipped slightly from $295,000 to $291,000
| Property type | December 2025 | January 2026 |
|---|---|---|
| Detached | $515,000 | $515,000 |
| Semi-detached | $420,000 | $420,000 |
| Townhouses | $295,000 | $291,000 |
| Apartment condos | $174,000 | $200,000 |
Nothing dramatic here. Prices have been holding steady since the fall, which is a positive sign of a balanced market.
Why did Edmonton apartment condo prices jump?
Apartment condos were the surprise this month.
The average condo price jumped from $174,000 in December to about $200,000 in January, which looks like a big increase.
Before anyone panics or celebrates, consider the context.
- Condo prices had been declining since late summer
- January brought fewer sales, which can skew averages
- Sales were happening more slowly than this time last year
We’ve seen this pattern before, where condo prices bounce around month to month. This is something we’ll be watching closely over the next few months to see if it’s a real trend or just a January blip.
Could GST changes help first-time buyers in Edmonton?
One thing I’m paying very close attention to is the potential GST rebate changes for first-time home buyers, especially on new builds.
Once the details are clear and passed into law, this could mean significant savings for buyers purchasing a brand-new home. This may even apply to some people who bought after last spring but haven’t received anything yet.
As soon as we have confirmed details, we’ll break it down clearly and explain exactly how it applies to you.
Thinking about buying your first home?
If you’re a first-time buyer and wondering whether now is a good time, or how these numbers affect your buying power, reach out. We also have a free webinar specifically for first-time home buyers, and it’s helped many of my clients feel confident and prepared.
Where can I watch the monthly Edmonton market updates?
If you found this update helpful, I encourage you to like the video, subscribe to our YouTube channel, and turn on notifications so you don’t miss future market updates. We post new videos regularly as the year unfolds.
Have a question? Drop it in the comments — we read them all and often turn them into future videos. Thanks for being here, and we’ll see you next month with another Edmonton real estate update.
How an Alberta mortgage broker helps first-time buyers in Edmonton
A calmer market gives you time to shop — use it to get your financing sorted before you fall for a listing:
- A real pre-approval, not a rate quote — income, debts, credit and down payment reviewed up front, so your budget is a number you can trust.
- Your price range checked against the segment you’re actually shopping — detached, semi-detached, townhouse or condo each come with different costs and qualifying rules.
- Guidance for newcomers to Canada and buyers with shorter credit or job histories on which lenders will look at their file.
- First-time buyer programs and incentives explained, including any GST rebate on new builds once the details are confirmed.
- Access to banks, credit unions and monoline lenders, so you’re compared across the market instead of one bank’s shelf.
- We work with buyers across Edmonton, Calgary and all of Alberta.
Buying your first home in Edmonton?
Find out what you can afford in today’s market, before you start booking showings.
Apply Online → Book a Discovery Call → Serving Calgary, Edmonton & all of Alberta · Mortgages for Less with INDI MortgageEdmonton January 2026 market questions buyers are asking
How many homes sold in Edmonton in January 2026?
Is the drop in Edmonton sales a warning sign?
How much inventory is on the Edmonton market?
Are Edmonton home prices going down?
Why did Edmonton condo prices jump in January?
Are homes taking longer to sell in Edmonton?
Will GST rebate changes help first-time buyers?
This article is general information for Edmonton and Alberta homebuyers, not financial, mortgage, tax or legal advice. The statistics discussed reflect the Greater Edmonton market as reported for January 2026; market conditions, prices, inventory, rates, tax rules and lender policies change. Any mortgage is subject to lender approval. Please speak with a licensed mortgage professional about your specific situation. Mortgages for Less with INDI Mortgage.
