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Alberta Housing Market Report
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Market Report Summary for December 2025
Updated January 15th, 2026
Alberta Housing Market Overview
Data for December 2025
Avg. Sold Price:$512,556
All Property Types:$512,556
Detached:$602,339
Semi-Detached:$500,402
Townhouse:$363,491
Condo Apartment:$277,285
Transactions (Buy/Sell):3,681
All Property Types:3,681
Detached:2,316
Semi-Detached:320
Townhouse:485
Condo Apartment:560
Alberta Average House Prices by City
Alberta Housing Market as of December 2025
The average home price in Alberta increased to $512,556 in December 2025 and is up 0.3% from November 2025 and 3.8% higher than December 2024.
Alberta’s benchmark home price was $498,200, a decrease of 0.4% and decrease of 1.7% year-over-year.
Sales and New Listings
There were 3,681 home sales in Alberta’s housing market in December 2025, a decrease of 7.1% year-over-year.
New listings increased to 3,757 (up 4.0% year-over-year). Inventory levels increased 21.0% year-over-year to 12,927 units.
Key Statistics:
- Total Residential Sales: 3,681 (7.1% decrease year-over-year)
- New Listings: 3,757 (4.0% increase year-over-year)
December 2025 saw these year-over-year changes based on property type:
- Detached: $602,339 (3.6% increase year-over-year)
- Semi-Detached: $500,402 (2.1% increase year-over-year)
- Row: $363,491 (2.6% decrease year-over-year)
- Apartment: $277,285 (7.4% decrease year-over-year)
Alberta: Seller’s or Buyer’s Markets?
December 2025
| City | December 2025 Sales-to-New-Listings Ratio (SNLR) | December 2024 Sales-to-New-Listings Ratio (SNLR) | Change | Market Type |
|---|---|---|---|---|
| Calgary | 92% | 107% | Seller's Market | |
| Edmonton | 95% | 105% | Seller's Market | |
| Red Deer | 107% | 126% | Seller's Market | |
| Lethbridge | 100% | 108% | Seller's Market | |
| Medicine Hat | 124% | 112% | Seller's Market | |
| Grande Prairie | 162% | 120% | Seller's Market | |
| Fort McMurray | 123% | 77% | Seller's Market | |
| Alberta | 98% | 105% | Seller's Market |
The provincial sales-to-new listings ratio (SNLR) was 98% in December 2025. Months of supply stood at 3.51, which represents an increase of 30.0% year-over-year.
Regional Breakdown
| City | Average Home Prices (December 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.
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- 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.
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