Stony Plain Real Estate Market Update | April 2025: Trends, Insights, and Opportunities
The Stony Plain real estate market has experienced several shifts in 2025 compared to the previous year. Despite a slight decrease in the number of properties sold, the average sale price has significantly increased, signalling that demand for homes in this growing area remains strong.
Below Graphs Are Interactive
Stony Plain Real Estate – New MLS® Listings
New listings in Stony Plain have dropped by 22.86% from April 2024, with 54 new listings this month. YTD, new listings are up by 10.05% from last year, suggesting that more homeowners are opting to list their properties in the first quarter of 2025.
Average Asking Price of Homes in Stony Plain
The average asking price for homes in Stony Plain has decreased by 3.26% from last year, currently sitting at $431,000.
Stony Plain Home Sales
In April 2025, 49 properties were sold, representing a 12.50% decrease compared to the same month in 2024. However, year-to-date (YTD), 162 properties have been sold, reflecting only a minor drop of 1.82% from 2024.
Average Home Sale Price
As of April 2025, the average sale price in Stony Plain is $457,000, showing a significant 12.39% increase from last year. Year-to-date, the average sale price is $402,000, reflecting a 4.81% increase from 2024.
Ask to Sell Ratio: The average ask to sell ratio stands at 99.8%, reflecting an uptick from last year’s ratio of 98.7%, which indicates that homes in Stony Plain are selling very close to their asking price.
This upward trend in sale prices coupled with the high ask-to-sell ratio suggests that sellers in Stony Plain are seeing more favourable conditions, while buyers can still find competitive deals with the right strategies.
Average Days on Market
Homes in Stony Plain are selling more quickly in 2025. The average number of days a home stays on the market before being sold is now 34 days, which is a dramatic 44.26% decrease from the previous year when homes took an average of 46 days to sell. This is a positive sign for sellers who are looking for quicker transactions.
What This Means for Buyers and Sellers
- For Buyers: Despite a decrease in the number of properties sold, the market is still competitive, with fewer homes on the market and faster sales. Buyers should act quickly and be prepared for potential bidding wars. The increase in average sale prices highlights the importance of working with a knowledgeable real estate agent to navigate the market and make informed offers.
- For Sellers: The market is favorable for sellers, with homes selling at or close to their asking prices. Sellers who price their homes competitively can expect quicker sales, as evidenced by the reduced days on market. However, with fewer listings available, there is a higher chance of your property standing out in the market.
Looking Ahead
As we move further into 2025, Stony Plain’s real estate market shows promise for both home buyers and sellers. The market is balancing itself between demand and supply, with an increase in sale prices and a decrease in days on market indicating a seller-friendly atmosphere.
For those interested in buying or selling in Stony Plain, understanding these market dynamics and having expert guidance will help ensure success in this evolving market.
If you’re considering buying or selling in Stony Plain, contact Christina Reid, REALTOR®, for expert guidance and personalized service.
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 are considering buying or selling a home in Stony Plain or just want more information on the Stony Plain real estate market, CONTACT ME HERE.
Town of Stony Plain Website