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Fort Saskatchewan Real Estate Market Statistics 5 March 2025

Fort Saskatchewan Real Estate Market- February 2025

Fort Saskatchewan Real Estate Market February 2025

The Fort Saskatchewan real estate market has remained active in early 2025, with notable changes across key indicators. 

Fort Saskatchewan, a vibrant community located just northeast of Edmonton, continues to experience a dynamic real estate market in 2025. Whether you’re a first-time homebuyer, an investor, or looking to sell, it’s essential to understand the latest market trends and statistics to make informed decisions. This comprehensive update will dive into the latest data for February 2025, highlighting the changes in sales, prices, new listings, and more, while offering insights into what these trends mean for buyers and sellers in Fort Saskatchewan.

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Fort Saskatchewan New MLS® Listings

Fort Saskatchewan market presents opportunities to capitalize on a high level of market activity. The number of new listings in February 2025 decreased by 9.3% compared to the same month in 2024, with 78 new listings compared to 86 in February 2024. 

Fort Saskatchewan Average List Price

 The average asking price has seen a slight increase of 2.73% in February 2025, standing at $513,000. This is an increase from $482,000 in February 2024, though there has been a slight year-to-date decrease of 2.79%. 

Fort Saskatchewan Home Sales

Fort Saskatchewan’s real estate market has remained active in early 2025, with notable changes across key indicators. As of February, the number of sold properties has increased by 3.28%, with 63 homes sold in February 2025, compared to 61 homes in the same month of 2024. Year-to-date, the market has seen a 26.09% increase, with 116 properties sold in 2025 versus 92 in 2024. This shows that Fort Saskatchewan’s market is on an upward trajectory, demonstrating strong demand for homes.

Fort Saskatchewan Average Home Sale Price

The average sale price for February 2025 was $414,000, reflecting a 3.34% decrease from the previous year. While prices have seen some fluctuations, the market remains competitive, making Fort Saskatchewan an attractive option for buyers and sellers alike.

Another critical metric for sellers is the ask-to-sell ratio, which has improved by 1.58% to 0.998 in February 2025. This means that homes are selling for almost their asking price, with just a slight difference between the listed price and the final sale price. Sellers who price their homes competitively can expect favourable outcomes, as buyers are willing to pay close to what is being asked.

Average Days on Market

Days on market has dramatically decreased in February 2025, with homes selling in an average of 45 days, which is a 48.86% decrease from the 96 days it took on average in February 2024. This indicates that homes are moving faster in today’s market, which is advantageous for sellers who are eager to close a deal quickly.

What Buyers Can Expect in the Fort Saskatchewan Market

Buyers in Fort Saskatchewan may notice a competitive but balanced market in 2025. The average sale price of $414,000 represents a 3.34% decrease from February 2024, indicating that homes in the area have become slightly more affordable. However, this slight reduction is balanced by the fact that the market is still very active, with many homes moving quickly. Buyers should be prepared to act fast and consider making competitive offers, especially on well-priced properties.

The average ask-to-sell ratio of 0.998 shows that sellers are getting close to their asking prices, meaning that while there are opportunities to negotiate, offers close to the listed price are generally more successful. With new listings down by 9.3% in February 2025, the available inventory is relatively limited, which could drive competition and result in multiple offer situations for desirable properties.

For first-time buyers or those looking for affordable homes, Fort Saskatchewan still offers an attractive selection of properties. With its proximity to Edmonton, Fort Saskatchewan remains an excellent choice for those seeking a quieter lifestyle without sacrificing access to urban amenities. Additionally, the increase in the number of sold properties year-to-date, up 26.09%, reflects the area’s growing appeal to homebuyers.

A Growing Community: Why Fort Saskatchewan Continues to Attract Buyers

Fort Saskatchewan offers a range of benefits for buyers looking for a community-oriented and family-friendly atmosphere. As the population grows, the demand for homes in the area continues to rise, and the real estate market reflects this trend. Fort Saskatchewan offers a unique blend of suburban tranquility with easy access to Edmonton’s larger city amenities.

The growth of local infrastructure, schools, parks, and recreational facilities makes Fort Saskatchewan an increasingly desirable place to live. Whether you are looking for your first home, upgrading to a larger property, or searching for a more peaceful lifestyle, Fort Saskatchewan provides a wide range of options to suit various needs and preferences.

Moreover, Fort Saskatchewan’s competitive housing market presents investment opportunities for those looking to purchase rental properties or second homes. As demand for housing continues to rise, Fort Saskatchewan’s real estate market offers potential for long-term appreciation, making it a wise investment for savvy buyers.

The Forecast for Fort Saskatchewan’s 2025 Market

Looking ahead, Fort Saskatchewan’s real estate market is expected to remain robust. The steady increase in the number of sold properties, along with the decrease in days on market, suggests that demand will continue to outpace supply. Sellers can expect favourable conditions, especially those with well-priced and well-maintained homes.

For buyers, there will still be opportunities to find affordable properties, especially in a market where prices are slightly down compared to last year. However, competition will likely remain high, and buyers will need to act quickly to secure their desired property. With the average ask-to-sell ratio remaining close to 1, buyers should be prepared for multiple offers, especially in popular neighbourhoods.

Conclusion: Navigating the Fort Saskatchewan Real Estate Market in 2025

In conclusion, Fort Saskatchewan’s real estate market in 2025 is showing promising signs of continued growth. While prices have experienced some fluctuations, the market is still highly active, with an increase in both sales and the number of properties sold. For buyers and sellers alike, understanding these market trends will be essential to making the right move in Fort Saskatchewan’s real estate landscape.

For sellers, the market is favourable, with strong sales activity, shorter days on market, and high ask-to-sell ratios. For buyers, there are still opportunities to find well-priced properties, although competition will be fierce in this fast-moving market. Fort Saskatchewan offers a wealth of opportunities, whether you’re looking for your first home, a larger family property, or an investment in a growing community.

 

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 

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