Parkland County Acreage Market Overview: May 2025

Parkland County acreage market continues to be a desirable location for acreage buyers seeking space, privacy, and a rural lifestyle just outside the City of Edmonton. However, the latest data from the REALTORS® Association of Edmonton reveals that the market has shifted notably compared to the same time last year. With sales activity down, prices up, and days on market decreasing, there are key insights that both buyers and sellers must consider.

This comprehensive 2000-word blog explores the acreage market in Parkland County using fresh data from May 2025 to help real estate investors, rural home buyers, and sellers understand the latest trends, what they mean, and how to navigate the months ahead.

🔍 Snapshot of the Parkland County Acreage Market: May 2025

Here are the key metrics from the local market update:

Sold Properties (Monthly): 66 (↓ 23.26% YoY)
Sold Properties (Year-to-Date): 248 (↓ 0.40% YoY)
Average Asking Price (Monthly): $837K (↑ 21.46% YoY)
Average Asking Price (YTD): $833K (↑ 19.20% YoY)
Average Sale Price (Monthly): $701K (↑ 13.93% YoY)
Average Sale Price (YTD): $645K (↑ 5.18% YoY)
New Listings (Monthly): 131 (↓ 6.43% YoY)
New Listings (YTD): 497 (↑ 0.20% YoY)
Average Days on Market (Monthly): 89 days (↓ 9.18% YoY)
Days on Market (YTD): 120 days (↓ 4.76% YoY)
Average Ask to Sell Ratio: 0.983 (↑ 0.36% YoY)

Below Graphs Are Interactive

Parkland County Acreage Listings

📉 Listings Decrease, Inventory Tightens

May 2025 saw 131 new acreage listings, a 6.43% decrease compared to the same month last year. Despite the monthly dip, year-to-date new listings are flat (497 vs. 496), essentially showing a stable but limited inventory pool.

What This Means:

Fewer new listings means buyers have fewer options.
Less inventory may put upward pressure on prices.
Well-maintained acreages in desirable areas (e.g., near highways, schools, or lakes) will continue to see strong interest.

Tip for Sellers: With limited competition, it’s an excellent time to list your acreage—especially if it offers standout features.

Tip for Buyers: Prepare to act quickly. If a listing fits your needs, schedule a showing immediately and have financing in place.

Average List Price

The average asking price in May 2025 was $837,000, representing a 21.46% increase from May 2024. Year-to-date, the average asking price is $833,000, up 19.20% from last year.

This large disparity between asking and sale price (a $136K difference) indicates one of two things:

Sellers are pricing optimistically based on perceived market momentum.
Buyers are pushing back—possibly due to budget constraints or inflation concerns.

Parkland County Acreage Sales

📉 Fewer Sales in May, But the Annual Market Holds Steady

The most notable statistic is the 23.26% decline in monthly sales, with only 66 acreage properties sold in May 2025 compared to the same month in 2024. However, when viewed on a year-to-date basis, the market appears stable, with just a 0.40% dip in total transactions for the year (248 in 2025 vs. 249 in 2024).

What This Means:

The steep monthly decline could be attributed to seasonal shifts, rising interest rates, or simply buyer hesitation amid increasing prices.
Despite fewer properties changing hands in May, overall activity remains consistent with last year—suggesting no major long-term decline in demand.

Advice for Sellers: Patience and accurate pricing are essential. Don’t panic if your acreage isn’t moving quickly—this is a temporary shift, not a market collapse.

Advice for Buyers: Fewer sales could translate into more negotiation leverage. Be prepared, but act decisively when you find the right property.

Parkland County Average Sale Price

💰 Average Sale Prices Climb: Acreages Are Gaining Value

One of the most compelling statistics in this update is the rise in sale prices. The average sale price in May 2025 was $701,000, reflecting a 13.93% increase from May 2024. On a YTD basis, the average sale price sits at $645,000, a 5.18% increase compared to last year.

What This Means:

Acreage values are steadily increasing.
Despite a dip in monthly sales, buyer competition for quality listings may be driving prices higher.
This trend benefits sellers significantly—especially those who have maintained or improved their properties.

For Buyers: Budget for growth. Waiting could mean paying more in the near future, especially as land value appreciation accelerates.

For Sellers: The numbers suggest a strong seller’s market for well-presented properties. Highlight unique features like outbuildings, upgrades, and location proximity to major routes.

The Ask to Sell Ratio sits at 0.983, which is slightly higher than 2024. This means that, on average, properties are selling for 98.3% of their asking price, reinforcing that pricing accurately is critical for success.

Takeaway for Sellers: While pricing confidence is high, overpricing risks longer days on market or no sale. Trust market comparables and work with a local expert to set the right price.

Takeaway for Buyers: If you see a property priced just beyond your range, it may still be worth pursuing. Many sellers are negotiating in the current climate.

Average Days on MLS®

The average days on market for May 2025 was 89 days, a 9.18% decrease from last year. This is a significant shift, especially considering that acreage properties typically take longer to sell due to their specialized appeal.

Year-to-date, the average time on market is 120 days, down from 126 days in 2024 (a 4.76% improvement).

Interpretation:

The market is more efficient—properties are being listed, viewed, and sold faster.
High buyer intent, combined with quality listings, is helping reduce the wait time.

Advice for Sellers: A quick sale is now more likely. Ensure your property is photo-ready, priced right, and marketed well. Consider pre-inspections to give buyers added confidence.

Advice for Buyers: Don’t delay. Fewer days on market means you should come prepared with pre-approvals and be ready to make a competitive offer when the right property hits.

🧭 2025 Outlook for the Parkland County Acreage Market

As we review the current trends, the Parkland County acreage market is showing signs of price resilience, stable demand, and faster turnover, despite a dip in sales volume.

Key Takeaways for Sellers:

Prices are up—take advantage of the momentum.
Properties are selling faster—ensure yours is market-ready.
Limited competition means a well-marketed property can shine.

Key Takeaways for Buyers:

Inventory is tight, but still available.
Prepare to move quickly on listings that match your criteria.
Prices are rising—buying now may save you money compared to six months down the line.

✨ Final Thoughts

Parkland County continues to offer excellent long-term value for acreage buyers and sellers. With large properties, access to nature, and proximity to Edmonton, the region remains one of Alberta’s most desirable places for rural living. While market dynamics are shifting, the fundamentals remain strong.

Whether you’re looking to buy a slice of country life or list your acreage for sale, the numbers from May 2025 make one thing clear: Parkland County’s real estate market is active, evolving, and full of opportunity.

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