Edmonton's housing market stayed balanced in the last full week of October 2026. In the REALTORS® Association of Edmonton MLS® System Weekly Market Watch for October 21–27, 2026, Greater Edmonton recorded 435 residential sales and 656 new listings, with an average price of $474,000 and a median of $435,000 — an active fall market, not a frozen one.

Source: REALTORS® Association of Edmonton MLS® System Weekly Market Watch, October 21–27, 2026.

Rates moved on the mortgage side this week — the Bank of Canada raised its policy rate to 2.50% on October 28, 2026, and prime followed to 4.70%. The mortgage half of this week's Minute, including what the hike means for variable payments and renewals, is on our sister site: Mortgage Minute

A steady week in Greater Edmonton

In the REALTORS® Association of Edmonton weekly update for October 21–27, 2026: 435 residential sales, 656 new listings, an average price of $474,000 and a median price of $435,000.

What it means for you: Sales held up into November — buyers are still buying, and sellers who price to recent sales are still moving.

Late October stayed balanced

From September 23 to October 22, 2026, RAE Paragon MLS® sold records show 1,223 Edmonton homes sold — 856 houses at a $460,000 median and 367 condos at a $215,000 median — a balanced market overall.

What it means for you: Neither side has a clear edge. Buyers still have real entry points, especially condos at a $215,000 median; sellers priced to recent sales are still getting deals done.

Infill: the January 22 deadline is now formal

Alberta's cabinet order O.C. 353/2026 (October 22, 2026) requires Edmonton to make RS-zone density, height and uses comparable to the pre-2024 bylaw, and parking comparable to July 1, 2020, by January 22, 2027. Today's RS zone still allows up to eight homes on a standard interior lot, and projects already approved can continue.

What it means for you: Own a mature-neighbourhood lot, or planning a suite or multiplex? Get lot-specific advice before January — the rules your project is judged under are about to be rewritten.

Thinking of selling this fall? Find out what your home is worth against the real sold numbers: Get your free Home Evaluation

Buying this winter? Create a free account to see new Edmonton listings the day they hit the market and save your searches on bridgerealtygroup.ca. Want me to walk you through it? Call 780-720-8240 or register and I will call you.

Frequently asked questions

Is Edmonton's housing market balanced right now?

Yes. In the 30 days from September 23 to October 22, 2026, 1,223 Edmonton homes sold — 856 houses at a $460,000 median and 367 condos at a $215,000 median — and the pattern was balanced, with neither buyers nor sellers holding a clear edge.

How many homes sold in Greater Edmonton last week?

435 residential sales in the week of October 21–27, 2026, with 656 new listings (REALTORS® Association of Edmonton MLS® System Weekly Market Watch).

What is the median home price in Edmonton right now?

For the week of October 21–27, 2026, the Greater Edmonton median was $435,000 and the average was $474,000. Over the 30 days to October 22, Edmonton houses sold at a $460,000 median and condos at $215,000.

What does the January 22, 2027 infill deadline mean for my lot?

Alberta's order O.C. 353/2026 requires Edmonton to roll RS-zone density, height and uses back toward the pre-2024 bylaw, and parking toward the July 1, 2020 rules, by January 22, 2027. Projects already approved can continue — so if you are planning a suite, multiplex or infill build on a mature-neighbourhood lot, get advice before the deadline.

By Travis Bannert, Realtor and Mortgage Broker | Bridge Realty Group, Maxwell Progressive Realty | 780-720-8240

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