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Alberta Housing Market Report
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Market Report Summary for November 2025
Updated December 29th, 2025
- January 2, 2026 Update: Today’s Lowest mortgage rate in Alberta is 3.4% for 5-Year Variable.
Alberta Housing Market Overview
Data for November 2025
Avg. Sold Price:$511,217
All Property Types:$511,217
Detached:$586,929
Semi-Detached:$502,533
Townhouse:$375,827
Condo Apartment:$299,179
Transactions (Buy/Sell):4,922
All Property Types:4,922
Detached:3,104
Semi-Detached:498
Townhouse:642
Condo Apartment:678
Alberta Average House Prices by City
Alberta Housing Market as of November 2025
The average home price in Alberta increased to $511,217 in November 2025 and is down 2.0% from October 2025 and 2.2% higher than November 2024.
Sales and New Listings
There were 4,922 home sales in Alberta’s housing market in November 2025, a decrease of 11.9% year-over-year.
New listings increased to 6,578 (up 7.0% year-over-year). Inventory levels increased 24.0% year-over-year to 17,336 units.
Key Statistics:
- Total Residential Sales: 4,922 (11.9% decrease year-over-year)
- New Listings: 6,578 (7.0% increase year-over-year)
November 2025 saw these year-over-year changes based on property type:
- Detached: $586,929 (1.2% increase year-over-year)
- Semi-Detached: $502,533 (2.1% decrease year-over-year)
- Row: $375,827 (2.0% decrease year-over-year)
- Apartment: $299,179 (3.9% increase year-over-year)
Alberta: Seller’s or Buyer’s Markets?
November 2025
| City | November 2025 Sales-to-New-Listings Ratio (SNLR) | November 2024 Sales-to-New-Listings Ratio (SNLR) | Change | Market Type |
|---|---|---|---|---|
| Calgary | 69% | 77% | Seller's Market | |
| Edmonton | 73% | 87% | Seller's Market | |
| Red Deer | 94% | 96% | Seller's Market | |
| Lethbridge | 100% | 103% | Seller's Market | |
| Medicine Hat | 79% | 123% | Seller's Market | |
| Grande Prairie | 91% | 98% | Seller's Market | |
| Fort McMurray | 99% | 98% | Seller's Market | |
| Alberta | 83% | 86% | Seller's Market |
The provincial sales-to-new listings ratio (SNLR) was 83% in November 2025. Months of supply stood at 3.52, which represents an increase of 40.0% year-over-year.
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Regional Breakdown
| City | Average Home Prices (November 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.
- The calculators and content on this page are for general information only. WOWA does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
- Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
- 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.
- The trademarks MLS®, Multiple Listing Service®, and associated logos are owned by CREA and identify services provided by its members.