Real Estate Market Statistics Fort Saskatchewan November 2024

The real estate market statistics for Fort Saskatchewan have shown remarkable resilience and growth throughout 2024. As we conclude November, let’s delve into the performance indicators that have shaped the local market this year.

Bar Graphs Below Are Interactive

Fort Saskatchewan New MLS® Listings

new listings in November surged by 56.82% with 69 new properties hitting the market, and a 6.49% YTD increase underscores a healthy influx of new listings throughout the year.

Fort Saskatchewan Average List Price

Fort Saskatchewan Home Sales

In November 2024, Fort Saskatchewan’s real estate scene observed some mixed signals. The number of sold properties slightly dipped with 38 transactions, marking a 2.56% decrease compared to November 2023. However, this decrease is nuanced by the larger year-to-date (YTD) figures which tell a broader story of growth.

Year-to-Date Performance

From January to November 2024, the market has been vibrant, with 739 properties sold, a significant 31.26% increase over the same period last year. This surge indicates strong buyer interest and a robust property market, possibly driven by favoruable economic conditions and attractive real estate offerings in the area.

Fort Saskatchewan Average Home Sale Price

Consistent with asking prices, the average sale price in November was $416K, which is a 12.35% increase from November 2023. The YTD average sale price is even more telling, at $442K, which is up by 11.65% from last year.

Real Estate Market Statistics -Average Days on Market

Homes are selling faster, with the average days on market decreasing by 58.14% to just 36 days in November 2024 compared to the previous year. The YTD trend also shows a reduction from 74 days in 2023 to 57 days in 2024, a decrease of 22.97%.

Fort Saskatchewan’s real estate market has demonstrated significant growth and dynamism in 2024. The trends we’ve observed suggest a strong and appealing market for both sellers and buyers. As we move into the final stretch of the year, prospective buyers and investors should watch these trends closely, while sellers might find it an opportune time to list, given the robust selling prices and quick market movements.

For those considering entering the Fort Saskatchewan real estate market or contemplating a sale, the current conditions offer promising opportunities. As always, aligning with a knowledgeable realtor can provide the necessary insights and guidance to navigate this lively market effectively.

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. 

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City of Fort Saskatchewan Website