Edmonton Real Estate Market – May 2025 Update: A Strong Seller’s Market

Imagine you're shopping for a home in Edmonton this May. You’ve been pre-approved, you're excited, but you're quickly realizing… you’re not the only one!

Homes are selling fast — most within about 30 days, sometimes even faster if the house is well-priced and shows well. Think of a nice detached home in Terwillegar or Windermere — if it's listed on a Thursday, it might have multiple offers by Sunday.

Now, let’s say you're looking at a single-family home. Back in 2024, a decent one might’ve cost you around $530,000. But today? It’s closer to $585,000. That’s a $55,000 jump in one year. So, if you're waiting for prices to drop… they haven't.

Sellers are in a strong position. Many are getting top dollar, especially if the property is move-in ready or renovated. For example, a home with a finished basement, newer roof, and backing onto a park could get 3-5 offers — maybe even more.

One of my clients listed a clean, well-kept home in the southwest. We had 10 showings in 3 days and 2 offers — it sold above asking.

So what kind of market is this?

It’s a seller’s market — which means:

• Sellers have the upper hand

• Buyers must act fast

• Homes are appreciating in value

Even condos and townhouses — usually slower to grow — are catching up. A basic condo that used to sell for $200K might now be going for $218K or more.

Summary:

• There are more buyers than good listings.

• Prices are going up.

• Sellers are happy.

• Buyers need to be quick, pre-approved, and competitive.

Nooran Ostadeian
REALTOR® | RE/MAX Elite – Edmonton
📞 780-953-0723
📧 Nooran@realtyedmonton.ca
🌐 realtyedmonton.ca | nooranrealty.com
📍 Windermere Office: 5083 Windermere Blvd SW #302, Edmonton, AB T6W 0J5
⭐ Google Reviews | RankMyAgent

Nestled in the heart of southwest Edmonton, Magrath Heights is a vibrant and sought-after neighborhood known for its blend of modern living, natural beauty, and convenient amenities. Established in 2003, this community offers residents a unique combination of upscale homes, lush green spaces, and easy access to urban conveniences.

Diverse Housing Options

Magrath Heights boasts a variety of housing styles to suit different lifestyles and preferences. The neighborhood features:

• Single-family homes: Spacious residences, often with modern designs and high-end finishes.

• Townhouses and duplexes: Ideal for those seeking a balance between space and low-maintenance living.

• Condominiums: Offering affordable entry points into the community without compromising on quality.

Most homes in Magrath Heights have been constructed post-2000, ensuring contemporary designs and modern amenities.

Real Estate Market Overview

The real estate market in Magrath Heights is dynamic, with property values reflecting the neighborhood's desirability. As of recent data:

• Average home price: Approximately $796,000

• Price range: Homes can range from $205,000 for condos to over $2 million for luxury estates

This range accommodates a diverse group of homeowners, from first-time buyers to those seeking luxurious living spaces.

Educational Institutions

While Magrath Heights itself doesn't house schools, its proximity to neighboring communities ensures residents have access to quality education. Nearby schools include:

• Lillian Osborne High School – Known for its strong academic programs

• George H. Luck School – Offering elementary education with a focus on community involvement

• Archbishop Joseph MacNeil School – Providing Catholic education options

• Nellie Carlson School: A Pillar of the Magrath Heights Community

These institutions are easily accessible, making Magrath Heights a favorable location for families.

Recreational Opportunities

Magrath Heights is designed with outdoor enthusiasts in mind:

• Parks and green spaces – Numerous parks, walking trails, and water features promote an active lifestyle

• Terwillegar Recreation Centre – Located nearby, with fitness programs, swimming pools, and sports courts

• Whitemud Creek Ravine – Provides scenic trails for hiking and biking

These amenities contribute to the community’s appeal, offering a balance of urban living and access to nature.

Accessibility and Transportation

Magrath Heights offers excellent connectivity:

• Major roadways – Easy access to Anthony Henday Drive and Whitemud Drive for quick commutes across Edmonton

• Public transit – Several bus routes serve the area, connecting residents to key city locations

• Proximity to Edmonton International Airport – Convenient for frequent travelers

This strategic location ensures residents can navigate the city with ease.

Why Choose Magrath Heights?

Magrath Heights stands out as one of Edmonton's premier neighborhoods thanks to:

• Modern housing options that suit a range of lifestyles and budgets

• Abundant nearby amenities for shopping, dining, and recreation

• Beautiful natural surroundings with parks and ravine access

• A strong sense of community and family-friendly atmosphere

Whether you're a young professional, a growing family, or someone seeking a peaceful yet well-connected lifestyle, Magrath Heights offers the perfect combination of comfort, convenience, and community.

1. New Home Prices May Go Up
   Builders relying on imported materials (like kitchen cabinets, flooring, plumbing fixtures) may raise prices to offset their costs. This could make brand-new homes more expensive than expected — even in early construction stages.

2. Delays in New Construction
   Some builders may delay new home releases or slow down completions due to higher material costs or supply issues. If you're hoping to move soon, this could affect your plans.

3. Resale Homes May Offer Better Value
   Well-maintained, move-in ready resale homes might become more attractive — offering immediate possession, stable pricing, and no construction headaches.

🧭 What You Should Do as a Buyer

• Get Fully Pre-Approved
  In a shifting market, having strong financing gives you confidence — and negotiating power.

• Compare New Builds vs Resale
  You may be surprised how much more value a resale home offers, especially in established Edmonton neighborhoods like Terwillegar, Windermere, and Riverbend.

• Watch for Well-Maintained Homes
  Properties that don’t require costly upgrades will save you money — especially now, with renovation materials also rising in price.

🤝 How I Help You Make the Right Move

As a local Edmonton REALTOR® with over 17 years of experience, I can:

✔️ Guide you through smart buying decisions
✔️ Provide insider knowledge on builder incentives, price shifts, & timelines
✔️ Recommend trusted home inspectors & mortgage partners
✔️ Show you both new builds and hidden gems in the resale market
✔️ Negotiate to get the best terms for your purchase

Buying a home is one of your biggest investments. Let’s make sure it’s a smart one — even in a changing market.

📲 Reach out today for a personalized home search or buying consultation.
Call/Text 780-953-0723 or visit nooranrealty.com

Northwest Edmonton is still one of the city's best family-friendly areas. 

Northwest Edmonton is still one of the city's best family-friendly areas. The area is culturally varied and welcoming to all types of families. It provides the ideal combination of residential, retail, and light business real estate to make daily life easier.

Excellent transit and opportunities.

Northwest Edmonton is well-served by the Northgate Transit Centre, which provides public transportation to all regions of the city. Northwest Edmonton is also a popular choice for military families, because it is only just few minutes' drive from CFB Edmonton, one of Canada's largest military posts (Canadian Forces Base Edmonton). The former army base known as Griesbach, which is currently being transformed into one of Edmonton's most sought after new neighbourhoods, has a rich military history.

Castle Downs Edmonton Real Estate, Northwest Edmonton Homes for Sale, Family-Friendly Neighborhoods Edmonton, Affordable Homes in Edmonton, Edmonton Real Estate Market, Castle Downs Properties, Buying Homes in Northwest Edmonton, Edmonton Property Listings.

Nooran Ostadeian | RE/MAX Elite – Your trusted expert in Edmonton real estate
📞 Call/Text: 780-953-0723
🌐 www.realtyedmonton.ca | www.nooranrealty.com
Re/Max Elite Windermere
5083 Windermere Boulevard South West #302, Edmonton, AB T6W 0J5

Client Reviews: Google Reviews | RankMyAgent Reviews

https://g.page/r/CSzc04C19qiDEAE/review

ABOUT NORTHEAST EDMONTON

Northeast Edmonton will always be one of Edmonton's most affordable neighborhoods, catering to families with young children. McConachie, Cy Becker, and Crystallina Nera are three of the nicest family neighborhoods in the area.

Excellent transit, location and parks.

Northeast Edmonton is well-served by public transportation, with Eaux-Claires Transit Centre, which links to Northgate Transit Centre, providing access to all regions of the city. Northeast Edmonton is indeed a popular choice for war veterans, because it is only just few minutes' drive from CFB Edmonton, one of Canada's largest military facilities (Canadian Forces Base Edmonton).

Because of the numerous lakes and open spaces found within its neighborhoods, Northeast Edmonton is often referred to as the "Lake District." Anthony Henday Drive, Manning Freeway, and 97 Street are just a few of the many convenient transportation alternatives accessible.