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Alberta Housing Market Report
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Market Report Summary for October 2025
Updated November 27th, 2025
- December 12, 2025 Update: Today’s Lowest mortgage rate in Alberta is 3.54% for 5-Year Variable.
Alberta Housing Market Overview
Data for October 2025
Avg. Sold Price:$521,476
All Property Types:$521,476
Detached:$606,455
Semi-Detached:$513,733
Townhouse:$371,877
Condo Apartment:$281,999
Transactions (Buy/Sell):6,095
All Property Types:6,095
Detached:3,893
Semi-Detached:547
Townhouse:776
Condo Apartment:879
Alberta Average House Prices by City
Alberta Housing Market as of October 2025
The average home price in Alberta increased to $521,476 in October 2025 and is up 3.9% from September 2025 and 4.3% lower than October 2024.
Sales and New Listings
There were 6,095 home sales in Alberta’s housing market in October 2025, a decrease of 10.7% year-over-year.
New listings increased to 9,466 (up 10.0% year-over-year). Inventory levels increased 22.0% year-over-year to 19,580 units.
Key Statistics:
- Total Residential Sales: 6,095 (10.7% decrease year-over-year)
- New Listings: 9,466 (10.0% increase year-over-year)
October 2025 saw these year-over-year changes based on property type:
- Detached: $606,455 (7.9% decrease year-over-year)
- Semi-Detached: $513,733 (0.9% increase year-over-year)
- Row: $371,877 (2.3% decrease year-over-year)
- Apartment: $281,999 (0.1% decrease year-over-year)
Alberta: Seller’s or Buyer’s Markets?
October 2025
| City | October 2025 Sales-to-New-Listings Ratio (SNLR) | October 2024 Sales-to-New-Listings Ratio (SNLR) | Change | Market Type |
|---|---|---|---|---|
| Calgary | 58% | 67% | Balanced Market | |
| Edmonton | 62% | 85% | Seller's Market | |
| Red Deer | 83% | 89% | Seller's Market | |
| Lethbridge | 84% | 82% | Seller's Market | |
| Medicine Hat | 84% | 85% | Seller's Market | |
| Grande Prairie | 91% | 96% | Seller's Market | |
| Fort McMurray | 75% | 63% | Seller's Market | |
| Alberta | 64% | 75% | Seller's Market |
The provincial sales-to-new listings ratio (SNLR) was 64% in October 2025. Months of supply stood at 3.21, which represents a decrease of NaN% year-over-year.
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Regional Breakdown
| City | Average Home Prices (October 2025) | Population (2021) |
|---|---|---|
| Calgary | 1,481,806 6.4% vs. 2016 | |
| Edmonton | 1,418,118 7.3% vs. 2016 | |
| Red Deer | 100,844 4.0% vs. 2016 | |
| Lethbridge | 123,847 5.5% vs. 2016 | |
| Medicine Hat | 76,376 -0.2% vs. 2016 | |
| Grande Prairie | 64,141 1.5% vs. 2016 | |
| Fort McMurray | 68,002 1.3% vs. 2016 |
Housing Markets of Major Cities in Alberta
Housing Markets Across Canada
Disclaimer:
- Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
- The calculators and content on this page are for general information only. WOWA does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
- Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.
- The trademarks MLS®, Multiple Listing Service®, and associated logos are owned by CREA and identify services provided by its members.