The average asking price in April 2025 was $446,000, which shows a 0.14% decrease from the previous month and a significant 9.26% decrease from April 2024, where the average asking price was $496,000. This decline in the asking price suggests that sellers are adjusting their expectations in response to changes in demand and market conditions.

Fort Saskatchewan Home Sales

In April 2025, Fort Saskatchewan experienced a noticeable shift in its real estate activity. The number of sold properties decreased by 24.53% from the previous year, with 80 homes sold in April 2025 compared to 106 homes in April 2024. However, when looking at the year-to-date (YTD) sales for 2025, there has been a slight 2.25% increase, with 273 homes sold compared to 267 in the same period of 2024. This reflects a modest overall growth in the market, despite a dip in monthly sales figures.

Fort Saskatchewan Average Home Sale Price

 The average sale price in April 2025 was $424,000, reflecting a 2.27% decrease from April 2024. The year-to-date (YTD) average sale price for 2025 stands at $413,000, which is a 3.19% decrease compared to the same period in 2024.

While these decreases in average prices may seem concerning at first glance, it’s important to consider the broader context. The price adjustments indicate a market that is recalibrating after a period of higher prices. This could create opportunities for buyers looking for homes at more affordable price points in Fort Saskatchewan.

Another positive sign for sellers is the ask-to-sell ratio, which in April 2025 stood at 1.006—a 1.82% increase from the previous year. This indicates that homes are selling for slightly above their asking price, suggesting that buyers are willing to pay more to secure desirable properties.

This is a promising development for sellers, as it shows that well-priced homes in Fort Saskatchewan are still highly sought after, and buyers are more inclined to pay full price (or even slightly above) for properties they find attractive. The improvement in the ask-to-sell ratio indicates a shift toward a more seller-friendly market, even amid price adjustments.

Average Days on Market

One of the more encouraging trends in the Fort Saskatchewan real estate market is the decrease in days on market. In April 2025, homes in Fort Saskatchewan were selling in an average of 36 days, a 45.45% decrease from the 66 days it took to sell homes in April 2024. This represents a 32.43% decrease from the 50 days it took to sell homes year-to-date in 2024.

The faster sales times reflect a more competitive market, with homes being sold more quickly, despite the dip in total sales. Sellers who price their properties correctly and market them well can still expect a relatively quick turnaround on their listings. However, it’s important to note that pricing your home competitively will be essential, given the pricing trends.

Looking ahead, the Fort Saskatchewan real estate market is expected to continue evolving throughout 2025. With prices showing a slight downward trend and fewer new listings entering the market, both buyers and sellers need to be prepared for a shifting landscape. For sellers, the market conditions still present favourable opportunities, especially with shorter days on market and a higher ask-to-sell ratio.

For buyers, there are opportunities to find homes at more affordable prices, particularly as the asking and sale prices have been adjusting downward. However, competition for desirable properties may remain high, especially as Fort Saskatchewan remains an attractive destination for those looking to live just outside of Edmonton.

In conclusion, Fort Saskatchewan’s real estate market in 2025 presents a blend of opportunities and challenges for both buyers and sellers. While the number of sold properties has decreased and average prices have fallen slightly, the market is still active with homes selling more quickly and sellers receiving favourable offers. Buyers looking to invest in Fort Saskatchewan should act promptly, as opportunities may be limited by the current trend of fewer new listings entering the market.

Conclusion: Navigating the Fort Saskatchewan Market

Whether you’re a buyer or seller, Fort Saskatchewan offers unique opportunities in 2025. With its lower-than-average days on market, improving ask-to-sell ratio, and competitive pricing, the city remains an attractive location for those seeking to enter the 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. 

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City of Fort Saskatchewan Website