Fort Saskatchewan Real Estate Market Update – January 2025

The Fort Saskatchewan real estate market shows promising signs of growth and transformation as we step into the new year. For both potential homebuyers and sellers, understanding the latest trends and market statistics is crucial to making informed decisions. In this update, we will dive into key market figures, including changes in sales, prices, listings, and days on market, to give you a comprehensive view of Fort Saskatchewan’s real estate landscape in January 2025.

Bar Graphs Below Are Interactive

Fort Saskatchewan New MLS® Listings

For buyers, the Fort Saskatchewan market presents an interesting mix of challenges and opportunities. With increased listings (81 new listings in January 2025, up 24.62% from January 2024), buyers have a larger selection of properties to choose from. This increase in supply, coupled with the slight decrease in average asking prices, provides buyers with more bargaining power and potentially better deals compared to last year.

Fort Saskatchewan Average List Price

Fort Saskatchewan Home Sales

Fort Saskatchewan’s real estate market has seen significant changes over the past year. As of January 2025, the number of sold properties in the city has skyrocketed by a remarkable 70.97%, with 53 properties sold compared to just 31 properties in January 2024. This surge in activity highlights a strong demand for homes in the area, signalling a healthy, growing market.

Fort Saskatchewan Average Home Sale Price

For homeowners looking to sell, the current Fort Saskatchewan market offers opportunities and challenges. While asking prices have dipped, sellers can still take advantage of the increased market activity. The average sale price in January 2025 was $411,000, down 4.67% from the previous year. This still reflects healthy market conditions, especially when considering the increase in the number of properties sold.

A key factor to note is the average ask-to-sell ratio, which stands at 0.995 in January 2025, showing that homes are selling very close to their asking prices—only 0.5% below in most cases. Sellers who price their homes correctly can expect to secure a sale near their asking price, making it an ideal time to list in Fort Saskatchewan. However, it’s important to note that while asking prices have decreased, homes are still selling for close to their asking prices. Buyers should be prepared for some level of competition, especially for well-priced homes in desirable areas.

Average Days on Market

Another positive sign for sellers is the decrease in days on market. In January 2025, homes in Fort Saskatchewan were on the market for an average of 78 days, a 30.97% decrease compared to 113 days in January 2024. This reduction suggests that properties are moving more quickly, driven by strong demand and a competitive market. Sellers who prepare their homes for sale and market them well can expect faster transactions.

Fort Saskatchewan: A Growing Community

Fort Saskatchewan is an appealing option for many homebuyers looking for a quieter, family-friendly atmosphere while still being close to the amenities and employment opportunities in Edmonton. As more people look to move into the area, the demand for homes continues to grow, making it a promising area for both buyers and sellers.

The increase in the number of properties sold and the rise in new listings further demonstrate that Fort Saskatchewan is an attractive place to live and invest. Whether you’re buying your first home, relocating, or looking for an investment property, Fort Saskatchewan’s real estate market offers numerous possibilities.

Conclusion: Fort Saskatchewan’s 2025 Outlook

As we move further into 2025, Fort Saskatchewan’s real estate market is expected to continue evolving. Sellers will benefit from a high demand and quicker sale times, while buyers have a larger selection of properties and slightly lower prices to choose from. Whether you’re buying or selling, understanding these trends will help you make the best decision for your next real estate transaction.

Stay tuned for more updates, and feel free to contact me if you’re interested in learning more about Fort Saskatchewan’s real estate opportunities.

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 

City of Fort Saskatchewan Website