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Parkland County Real Estate: Acreage Properties and Market Trends 9 May 2025

Parkland County Acreage Market Overview: April 2025

Parkland County Acreage Market Overview: April 2025

Understanding the current market trends in the Parkland County Acreage market can help both buyers and sellers make informed decisions. This blog will explore the key statistics from the Parkland County acreage market for April 2025, providing a comprehensive look at the performance of this sector.

Parkland County Acreage House Value Parkland County Acreage Sales Statistics

Below Graphs Are Interactive

Parkland County Acreage Listings

There were 117 new listings in April 2025, a 9.30% decrease from the previous year. This reduction in new listings suggests that fewer property owners are putting their acreage properties on the market, which may contribute to the rise in prices. With fewer new properties entering the market, buyers are having to compete for the available inventory, pushing prices higher.

While the year-to-date increase of 2.81% in new listings indicates some stability, the overall number of properties coming onto the market remains low, which could continue to drive competition among buyers.

Average List Price

The average asking price for acreage properties in Parkland County increased to $816K in April 2025, a 26.70% jump compared to April 2024. This price growth is an indication of the high demand for rural properties, as well as the overall appreciation in land values in the region.

This price increase has been consistent throughout 2025, with $834K being the average asking price year-to-date, a 24.23% increase compared to 2024. Sellers are asking for more as the market continues to appreciate, capitalizing on the limited inventory and growing demand.

It’s important to note that while asking prices have increased, the average sale price has not risen as dramatically, showing that buyers may be negotiating lower prices. This indicates a healthy market where buyers and sellers are finding common ground.

Parkland County Acreage Sales

In April 2025, the number of acreage properties sold in Parkland County saw a significant 25.42% increase, with 74 properties sold compared to 59 in April 2024. This surge in sales volume suggests that the demand for acreage properties remains strong, with more buyers entering the market.

When we look at the year-to-date figures, the trend continues, with 182 properties sold by April 2025, reflecting an 11.66% increase from the same period in 2024. This steady increase indicates that more buyers are actively seeking acreage properties in the area, contributing to the market’s overall growth.

Several factors contribute to this uptick in sales, including the desire for more space, the ongoing shift to rural living, and the appeal of the peaceful, expansive environment that Parkland County offers.

Parkland County Average Sale Price

The average sale price for acreage properties in Parkland County reached $617K in April 2025, a 7.09% increase from April 2024. This increase, while not as dramatic as the rise in asking prices, indicates that sellers are still able to achieve higher prices than in previous years. It also suggests that buyers are still willing to pay a premium for acreage properties in Parkland County.

Year-to-date, the average sale price has risen to $628K, marking a 2.57% increase compared to the same period in 2024. The growth in average sale prices reflects continued interest in acreage properties, especially as buyers seek more space and privacy in the wake of the ongoing shift to rural living.

Ask to Sell Ratio: Seller Confidence

The average ask to sell ratio of 0.986 for April 2025 shows that properties are generally selling very close to their asking prices. This is a positive sign for sellers, as it indicates that the market is strong and that buyers are willing to pay near the asking price to secure a property.

The slight increase in this ratio from 0.979 in April 2024 reflects seller confidence, as properties are being priced appropriately and are in demand. This trend is favourable for sellers looking to capitalize on the current market conditions.

Average  Days on MLS®

One of the most telling statistics in the April 2025 market update is the 45.79% decrease in the average number of days on market. Acreage properties are selling much faster now, with the average time to sell dropping to just 58 days in April 2025 compared to 107 days in April 2024. This suggests that demand is outpacing supply, causing properties to be snapped up more quickly.

Faster sales are often an indicator of a seller’s market, where competition for properties is high. Buyers need to act quickly when they find a property they like to avoid missing out on opportunities. Sellers, on the other hand, can benefit from quicker sales and might be able to sell at a higher price if the right buyer is found in a timely manner.


What Do These Trends Mean for Buyers and Sellers?

For buyers, the rise in prices and the reduced number of listings means that competition is likely to be high. Buyers should be prepared to act quickly when they find a property that fits their needs and budget. Additionally, it may be wise to get pre-approved for financing and work with an experienced agent who can help navigate this competitive market.

For sellers, the current market conditions are favoruable. With high demand, rising prices, and quick sales, it’s a great time to list an acreage property. However, sellers should still price their properties strategically and ensure that they are properly marketed to reach the right buyers.

Conclusion: The Parkland County Acreage Market in 2025

The Parkland County acreage market in 2025 continues to show strong growth, with increasing prices, faster sales, and continued demand for rural properties. While the market remains competitive, both buyers and sellers have opportunities to thrive by understanding the trends and preparing accordingly. Whether you’re looking to buy a peaceful retreat in the country or sell your acreage property for a profit, the current market conditions are favourable for those who are informed and ready to act.

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