East YEG Weekly Market Update

Week Ending September 14, 2026

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"Pending sales dropped by 9 this week after jumping by 11 the week before, which tells me a chunk of last week's deals moved through to closing rather than falling apart, a healthy sign even as months of inventory climbs closer to 4. That 3.96 number is worth sitting with. We started this tracking at 2.58 a few weeks ago, and we're now approaching territory that starts to favour buyers. On the plus side, days on market actually dropped to 16 this week, so homes that are priced right are still moving quickly. The gap between well priced and poorly priced homes is only going to get more obvious from here."

Market Pulse by Home Style

Detached Single Family

Active: 177 | Pending: 17 | Sold (30d): 45 | Months of Inventory: 3.93

Condo

Active: 37 | Pending: 4 | Sold (30d): 9 | Months of Inventory: 4.11

What Changed This Week

• New Listings: 30 this week, down from 33 the week prior.
• Sold: 10 this week, down from 13 the week prior.
• Terminated + Expired: 54 combined this reporting period (25 terminated, 29 expired), consistent with the elevated level we've seen the past couple of weeks.

Pricing

Overall median sold price: $465,000 (54 homes)

Detached Single Family median: $495,000 (45 homes)

• Bungalow: $445,873 (27 homes)
• 2 Storey: $675,000 (10 homes)
• 1 & Half Storey: $491,000 (3 homes, low sample)
• Raised Bungalow: $365,000 (3 homes, low sample)
• Hillside Bungalow: $800,000 (1 home, low sample)
• 4 Level Split: $642,000 (1 home, low sample)

Condo median: $248,800 (9 homes)

• Single Level Apartment: $248,800 (9 homes)

Negotiation

Median sale-to-list ratio: 98.06% (54 homes)

16.7% of sales closed over asking, 7.4% closed exactly at asking, and 75.9% closed under asking.

Speed

Median Days on Market (sold, last 30 days): 16 days (54 homes)

Price Reduction Watch

33.6% of active listings (72 of 214) have been reduced from their original list price.

Median reduction amount: $25,000

This week, 54 East YEG listings came off the market without selling, with a median of 81.5 days on market before they gave up, and 24 of them sat for 90 days or more.

East YEG Neighbourhood Leaderboard

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

New Listings Spotlight

Aggregate note: 8.9% of current active East YEG inventory (19 of 214 listings) is a relist, a property that previously terminated or expired and came back on the market under a new listing ID.

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