Stony Plain Real Estate Market Update | May 2025

The Stony Plain real estate market in May 2025 reveals a mix of opportunity and caution for buyers and sellers alike. With prices trending upward and overall sales activity softening slightly, it’s an ideal time to understand the latest market movements to make informed real estate decisions.

Below Graphs Are Interactive

Stony Plain Real Estate – New MLS® Listings

More Listings Entering the Market
82 new listings came to market in May (up 2.50%). YTD, new listings are up 7.89%, giving buyers slightly more options, though not enough to ease competitive pricing pressures significantly.

Average Asking Price of Homes in Stony Plain

Asking Prices Continue to Climb
The average asking price hit $513,000, up 1.92% year-over-year. Year-to-date, sellers are listing at higher prices compared to 2024—a 12.10% increase overall.

Stony Plain Home Sales

May saw 46 homes sold, a 14.81% drop from May 2024. Year-to-date sales are also down 5.02%, with 208 homes sold so far in 2025.

Average Home Sale Price

Despite lower sales activity, the average sale price rose to $420,000, a 7.60% increase from last year.

Ask-to-Sell Ratio Stable
At 99.3%, the ask-to-sell ratio is still strong, though slightly down from last year, suggesting that most homes are selling close to list price.

Average Days on Market

1. Longer Time to Sell
  The average home took 62 days to sell in May, up a significant 72.22% from May 2024. However, year-to-date, homes are selling faster overall than in 2024—taking 50 days on average versus 63 days last year.

💡 What This Means

Sellers can benefit from rising prices but may need patience with longer days on market. Pricing competitively remains crucial.
Buyers have more inventory to choose from but should act decisively as strong pricing trends persist.

As always, navigating a shifting market like Stony Plain’s requires the guidance of a knowledgeable REALTOR® who understands both macro trends and local nuances. 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