Parkland County Acreage Sales Statistics – May 2024

Parkland County acreage sales showed significant growth compared to the same period last year. More acreages are selling at higher prices and at a faster pace than last year. Here’s a detailed overview of the Parkland County acreage market:

Below Graphs Are Interactive

Parkland County Acreage Listings

139 New Listings in May 2024, showing a 4.51% increase from May 2023.

 Parkland County Average List Price

Average Sale Price: $615K, representing a 6.53% increase from May 2023. YTD 2024: The average sale price was $614K, reflecting a 15.59% increase from May 2023.

Parkland County Acreage Sales

86 Properties Sold in May 2024, marking a substantial 34.38% increase from May 2023. YTD 2024: 250 properties sold, showing a 25.63% increase from the same period in 2023.

Parkland County Average Sale Price

The average acreage sales price for May was $615k and increase of 6.53% over last May. YTD 2024: The average monthly sales price was $700K, a 13.91% increase from 2023. The average ask to sell ratio was .98 for May, showing acreages selling very close to the list price.

Parkland County Acreage Days on Market

Average Days on Market: 98 days, indicating a 6.67% decrease from May 2023.

These statistics suggest a robust real estate market in rural Parkland County, indicating a favorable environment for both buyers and sellers. If you’re considering buying or selling acreage properties in the area, now might be the perfect time to make a move!

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 would like more information on buying and selling in Parkland County CONTACT CHRIS REID

Parkland County Website