How do Edmonton home prices compare to Calgary's?
Quick Answer
Short answer: Average detached houses cost ~29% less in Edmonton than Calgary.
Detailed Explanation
CREB's benchmark detached price for Calgary (May 2025) is $640,900 versus Edmonton's $455,200. Condo gap is narrower—about 14%—reflecting Calgary's stronger investor demand downtown.
- Edmonton–Calgary price spread widened 5% since 2022
- Average household income is similar in both cities
- Net migration tilts slightly toward Calgary but Edmonton gains from affordability
Disclaimer: This page is for general information only and does not constitute legal, financial, or real estate advice. Always verify details with a licensed Alberta REALTOR®, mortgage professional, or lawyer before making decisions. Buy in Edmonton assumes no liability for actions taken based on this content.
Tim Grover, RE/MAX Excellence • 780-288-5144 • 5607 199 Street NW, Edmonton, AB
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