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Stony Plain 5 May 2024

Stony Plain Real Estate Statistics- April 2024

Stony Plain Real Estate Statistics Market Update: April 2024 

The real estate market in Stony Plain, Alberta, has been showing remarkable growth and resilience in 2024, with an upswing in sales, increasing property values, and improved market metrics across the board. Here’s a closer look at some of the trends shaping the Stony Plain real estate market based on the latest statistics:

Stony Plain Real Estate Market numbers below…

  

Below Graphs Are Interactive

Stony Plain Real Estate – New MLS® Listings 

New listings in Stony Plain have also grown, with 196 properties listed so far in 2024, a 41.67% increase over the previous year.


Stony Plain Average Listing Price 

One of the most positive indicators for sellers is the improved average ask-to-sell ratio, now at 0.987 for April 2024, compared to 0.975 a year ago. This metric suggests that sellers are achieving closer to their asking prices, an encouraging sign in a competitive market.

Stony Plain Home Sales

In April 2024, 57 properties were sold, marking a significant 58.33% increase compared to April 2023. This positive trend continues year-to-date (YTD), with 166 properties sold, a 29.69% increase compared to the same period last year.

Stony Plain Real Estate Market- Average Home Sale Price

The average sale price of properties also soared, reaching $407,000 in April 2024, an 18.65% increase compared to April 2023. YTD, the average sale price hit $383,000, reflecting an 8.54% rise over the same period last year.

Stony Plain Average Days on Market

Homes in Stony Plain were on MLS® an average of 60 days prior to sale.

Stony Plain’s real estate market in 2024 has demonstrated strong growth with positive changes in key metrics like property sales and prices. This upward trajectory reflects growing demand, higher property valuations, and a market that is increasingly favourable for both buyers and sellers. For those considering a move to or within Stony Plain, now might be the perfect time to explore the opportunities available.

Data provided by the REALTORS® Association of Edmonton and subject to change. Always consult with a real estate professional for the most current market information. 

If you are considering buying or selling a home in Stony Plain or just want more information on the Stony Plain real estate market, CONTACT ME HERE.

Town of Stony Plain Website