East YEG Weekly Market Update

Week Ending October 26, 2026

Jason's Take

"Another small step toward buyers. Active listings are up 6 to 221, months of inventory moved from 3.41 to 3.88, and only 9 homes sold in the 7 days ending October 23, compared with 14 the week before. The homes that did sell moved at a normal pace, with the typical sale taking 26 days, and the median sold price held at $430,000. What is building is the number of homes sitting: 40% of active listings carry a price reduction, and 10 of the 21 new listings this week were relists, including a King Edward Park condo that is on the market for the third time, now $25,000 below where it started. With the Bank of Canada's next decision on October 28, buyers have more choice than they did a month ago, and sellers who price correctly from day one are the ones still getting offers."

Market Pulse by Home Style

Detached Single Family

Active: 183 | Pending: 18 | Sold (30d): 47 | Months of Inventory: 3.89

Condo

Active: 38 | Pending: 4 | Sold (30d): 10 | Months of Inventory: 3.80

What Changed This Week

• New Listings: 21 in the last 7 days (October 19 to 25), compared with 30 the 7 days before.
• Sold: 9 in the 7 days ending October 23, compared with 14 the 7 days before. Sold records in this export run through October 23, so the most recent days may still be filling in.
• Terminated + Expired: 154 combined in the last 90 days (85 terminated, 69 expired), compared with 151 on October 19. Median time on market before coming off sits at 71.5 days (74 on October 19), and 59 of those properties sat 90 days or more before coming off (58 on October 19).

Pricing

Overall median sold price: $430,000 (57 homes)

Detached Single Family median: $482,500 (47 homes)

• Bungalow: $429,000 (29 homes)
• 2 Storey: $762,250 (10 homes)
• Raised Bungalow: $504,500 (2 homes, low sample)
• 4 Level Split: $576,500 (2 homes, low sample)
• 5 Level Split: $532,500 (1 home, low sample)
• 3 Storey: $495,000 (1 home, low sample)
• 1 & Half Storey: $633,000 (1 home, low sample)

Condo median: $209,000 (10 homes, all Single Level Apartments)

The overall median held at $430,000, the same as October 19. The detached median rose from $460,750 to $482,500, but the bungalow median was flat ($429,000 vs $429,500) and the 2 Storey median was higher ($762,250 vs $670,000, on 10 homes vs 11), so the change reflects the mix of homes that sold rather than a jump in what any one type of home sold for. The condo median fell from $265,000 to $209,000 on 10 sales, a small enough sample that a few sales can move it. If you are buying and watching payments, Fixed Mortgage Rates Are Climbing in Canada explains what rising rates could mean for Edmonton buyers and sellers.

Negotiation

Median sale-to-list ratio: 97.57% (57 homes), compared with 97.59% on October 19.

14.0% of sales closed over asking, 7.0% closed exactly at asking, and 78.9% closed under asking.

Speed

Median Days on Market (sold, last 30 days): 26 days (57 homes), down from 30 on October 19.

Price Reduction Watch

40.3% of active listings (89 of 221) have been reduced from their original list price, up from 40.0% on October 19.

Median reduction amount: $23,000, up from $20,000 on October 19.

If your own listing has been sitting without much activity, The Kiss of Death breaks down what your first 7 to 10 days on market actually told you. To see what overpricing costs in time, read Does Overpricing Your Edmonton Home Cost You Time?

East YEG Neighbourhood Leaderboard

30-day window across all 17 East YEG neighbourhoods. Neighbourhoods need 3+ sales to qualify.

New Listings Spotlight

Aggregate note: 24.9% of current active East YEG inventory (55 of 221 listings) is a relist, compared with 22.3% on October 19, and 10 of the 21 new active listings in the last 7 days were relists. If you're weighing whether to relist a home that came off the market, What Happens If My Listing Expires Without Selling? walks through the real options.

Thinking About Selling in East YEG?

What Would It Take to Get Top Dollar for Your Home?

Between negotiation trends, price reductions, and how fast homes are actually moving right now, the numbers above only tell part of the story. I'll give you a straight answer on what your specific home is worth today, and what it would take to maximize your sale price in this market.

What Did Homes Near Me Sell For in East YEG?

Individual sold prices aren't published in this post. Viewing actual sold prices requires a free sign-in. This is a REALTORS® Association of Edmonton (RAE) requirement, not a restriction Jason is choosing to impose. Sign in below to see sold listings for any of the 17 East YEG neighbourhoods.

Frequently Asked Questions

Jason Beattie

REALTOR® | eXp Realty | BT Group

780-791-9633  |  Jason.Beattie@eXpRealty.com