Facebook
X
Pinterest
Copy Link
Fort Saskatchewan Real Estate Market Statistics – May 2024
The Fort Saskatchewan real estate market continued to show resilience and growth during the month.
Bar Graphs Below Are Interactive
Fort Saskatchewan MLS® Listings
96 new listings came to market in the month of May flat to last years 97.
Fort Saskatchewan Average List Price
Average asking price for new listings in May 2024 was $423,000, with 96 new listings coming onto the market. This represents a slight decrease of 1.03% in asking prices compared to the previous year. However, the average sale price for these listings was $426,000, showing an 8.07% increase from May 2023.
Fort Saskatchewan Home Sales
The number of properties sold in May 2024 was 98, marking an 11.36% increase from May 2023. This reflects a healthy level of activity in the market, indicating sustained interest from buyers. Year-to-date, the total number of properties sold in 2024 reached 365, showing a significant 44.84% increase from the same period last year.
Fort Saskatchewan Average Home Sale Price
Average sales price for properties in May was $423,000, slightly down by 0.45% compared to May 2023. However, year-to-date (YTD) figures for 2024 indicate a strong performance, with the average sales price reaching $426,000, showing a notable 5.73% increase from the same period in 2023. the ask to sell ratio was 0.994, showing a 1.11% increase from the previous year.
Fort Saskatchewan -Average Days on Market
Fort Saskatchewan saw an average days on market until sale in May 2024 was 51 days, indicating a slightly longer period compared to the previous year.
The Fort Saskatchewan real estate market has seen impressive growth in sales and price increases over the past year. The considerable rise in the number of sold properties and new listings reflects a robust demand for homes in the region. Moreover, the consistent increase in average sale prices indicates a seller’s market. Whether you’re a buyer or seller, these insights can help guide your decisions in this dynamic real estate market.
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.
Are you considering buying or selling or just interested in more information on the real estate market in Fort Saskatchewan? CONTACT ME HERE
