Spring has officially sprung in Edmonton, and so has the real estate market! The latest stats from the REALTORS® Association of Edmonton show we're entering a season full of opportunity—for first-time buyers looking to plant roots and for sellers ready to cash in on strong demand.
Here’s a breakdown of what’s happening right now, what it means for you, and how to navigate it with confidence.
March Market Highlights (Based on March 2025 Data)
📈 Residential Sales:
The Greater Edmonton Area saw 2,494 homes sold in March, a 36.9% jump from February and a 1.3% increase from March of last year. This shows growing momentum as we transition into the busier spring months.🏡 New Listings:
3,780 new residential listings hit the market—44.5% more than February. Inventory is building, up 16.6% from February, which gives buyers more choice and reduces competition slightly compared to last year.💰 Average Home Prices:
All residential properties: $460,685 (up 2.5% month-over-month, up 9.3% year-over-year)
Detached homes: $574,872 (up 1.2% from February and 11.2% from March 2024)
Semi-detached homes: $430,646 (up 2.3% from February and 5.3% from March 2024)
Row/townhouses: $314,791 (up 4.6% from February and 11.3% from March 2024)
Apartment condominiums: $218,052 (up 1.4% from February and 12.2% from March 2024
⏳ Days on Market:
Homes are selling faster, with an average of 30 days on market, down 9 days from February 2025 for single-detached properties.
What This Means for First-Time Buyers
If you're thinking of buying your first home in 2025, there’s good news—inventory is growing, giving you more selection and a bit more breathing room when house-hunting.
But don’t wait too long! With prices rising and competition likely to heat up through the spring and summer, getting pre-approved and having a solid plan is key. Here’s what you can do to stay ahead:
Get pre-approved for your mortgage: This shows sellers you're serious and helps you set a clear budget.
Work with a local REALTOR® (like me!): I can help you find the right home anywhere in the Greater Edmonton Area.
Be ready to move fast: With popular homes selling quicker and prices ticking up, being prepared is your best advantage.
What This Means for Sellers
If you’re thinking of selling this spring, you’re in a strong position. Rising prices and increasing buyer demand mean there’s an excellent opportunity to make a move—especially if you’ve owned your home for several years.
Here’s how to make the most of the market:
Prep your home: Clean, declutter, and make minor updates to boost curb appeal.
Price strategically: Even in a hot market, overpricing can scare off buyers. I offer free home evaluations to help you hit the sweet spot.
Market like a pro: With professional photos, drone video, and online exposure, we’ll make sure your listing stands out.
FAQ: Edmonton Real Estate in Spring 2025
❓ Is now a good time to buy my first home in Edmonton?
Absolutely. More listings mean better choices, and interest rates are still relatively favorable. Just be aware that demand is growing, so working with a REALTOR® to act fast is key.
❓ Are prices expected to keep rising?
Likely, yes. We’ve seen consistent year-over-year growth in average prices. As we head deeper into spring, more buyers will enter the market, which can push prices higher—especially in popular west-end communities like Edgemont and The Hamptons.
❓ How can I make my offer stand out in a competitive market?
Here are a few pro tips:
Get pre-approved (not just pre-qualified)
Keep your conditions reasonable and timelines tight
Include a personal letter—especially if you’re a first-time buyer looking to build your future
❓ What should I know if I’m planning to sell this spring?
You’re entering a great market for sellers, especially for detached homes and townhouses. If you want to maximize your return:
Start prepping now
Consider timing your listing before May (when competition increases)
Book a free market evaluation and staging consultation with me
Let’s Make Your Move This Spring
Whether you're buying your first home or getting ready to list, the Edmonton market is full of opportunity right now. With growing inventory, rising values, and strong demand, it's a great time to take that next step—especially with the right local guide by your side.
📲 Ready to chat? Reach out anytime at PabianRealty.ca, or send me a DM on Instagram @pabianrealty. You can also call or text (780) 232-2064.
