Stony Plain Real Estate Statistics Market Update: July 2024 

As summer reaches its peak, the Stony Plain real estate market is delivering a fascinating blend of highs and lows that both buyers and sellers need to pay close attention to. With sharp changes in sales volume, surging list prices, and a healthy influx of new listings, July 2025 has proven to be one of the most dynamic months of the year so far.

Whether you're looking to invest, purchase your first home, or list your current property, understanding the key numbers in the current market is essential. This blog breaks down all the latest data and offers insights into what it means for you if you're thinking about making a move in the Stony Plain housing market.

📊 July 2025 Snapshot: Key Stats at a Glance

• Sold Properties: 36 (-32.08% year-over-year)
• YTD Sold Properties: 300 (-6.54% year-over-year)
• Average Asking Price: $594,000 (+28.63% year-over-year)
• YTD Average Asking Price: $511,000 (+14.30% year-over-year)
• New Listings: 61 (+27.08% year-over-year)
• YTD New Listings: 413 (+6.17% year-over-year)
• Average Days on Market: 53 days (+6.00% year-over-year)
• YTD Days on Market: 48 days (-14.29% year-over-year)
• Average Sale Price: $446,000 (+13.98% year-over-year)
• YTD Average Sale Price: $414,000 (+6.64% year-over-year)
• Ask to Sell Ratio: 98.5% (-1.33% from last year)

Below Graphs Are Interactive

Stony Plain Real Estate - New MLS® Listings 

New Listings Flood the Market

One of the most encouraging signs in July is the increase in inventory. 61 new listings hit the market, a 27.08% increase compared to last year. With 413 new listings year-to-date, the market has seen a 6.17% increase in total supply this year.

More listings mean more choice for buyers, helping to reduce the pressure and competition that often comes with a seller's market. For sellers, it also means standing out is key—professional staging, high-quality photos, and strategic pricing will matter more than ever in attracting the right buyer.

Average Asking Price of Homes in Stony Plain

Despite fewer sales, asking prices have surged in July. The average asking price reached $594,000, representing a massive 28.63% increase over July 2024. Year-to-date, the average asking price has risen to $511,000, up 14.30% from last year.

This jump reflects seller confidence and possibly an increase in the number of higher-end properties being listed. For sellers, this is a clear signal that now may be an ideal time to list if you're looking to capitalize on market momentum. For buyers, this may indicate a need to recalibrate budgets or act quickly before further increases occur.

Stony Plain Home Sales

In July 2025, only 36 properties were sold, marking a 32.08% drop from July 2024. This significant decline is the steepest monthly sales dip we’ve seen in 2025 so far and signals a potential shift in buyer behaviour.

Year-to-date, sales have reached 300 units, still down 6.54% from the 321 homes sold by this time in 2024. While one month of slower activity doesn’t necessarily mean the market is cooling long-term, it’s a clear signal that buyers may be becoming more cautious—perhaps due to rising prices, interest rates, or broader economic factors.

Stony Plain Real Estate Market- Average Home Sale Price

The average sale price in July was $446,000, a 13.98% increase from July 2024. This proves that although fewer homes sold, buyers are still willing to pay higher prices for the right properties.

The year-to-date average sale price now sits at $414,000, an increase of 6.64% compared to 2024. This steady growth reinforces the long-term value of homeownership in Stony Plain. If you're a buyer hoping to wait for prices to drop, the trend shows that waiting may only cost you more in the long run.

The average ask-to-sell ratio for July was 98.5%, a 1.33% decrease from July 2024. This indicates a slight softening of negotiations, meaning buyers may be getting minor discounts compared to list price.

The year-to-date figure remains strong at 99.2%, suggesting that sellers who price their homes accurately are still receiving close to what they’re asking. This is a healthy sign for the market, showing both parties are reaching deals that reflect true market value.

Stony Plain Average Days on Market

The average days on market in July was 53, which is a 6% increase from July 2024. Homes are moving a bit slower than earlier in the year, though year-to-date, homes are still selling faster than in 2024, with the average time to sale sitting at 48 days, down from 56 last year.

For sellers, this might mean managing expectations—a bit more patience could be required to find the right buyer. For buyers, longer days on market may offer a bit of breathing room for decision-making, though demand remains high enough to keep things moving steadily.

📊 Stony Plain YTD Market Comparison (January–July)

🏘️ What This Means for Buyers

July’s market conditions present both opportunities and challenges for buyers:

1. More Listings, More Choice
   The spike in new listings gives buyers greater selection and slightly more negotiating power.
2. Prices Continue to Climb
   With both asking and sale prices rising, waiting for a downturn could prove costly.
3. Homes Are Moving a Bit Slower
   You may have a bit more time to consider your options, but don't wait too long—well-priced homes still sell fast.
4. Adjust Budget Expectations
   The rapid increase in list prices might mean reevaluating your budget or home criteria. Working with a REALTOR® can help you identify hidden gems and up-and-coming areas.

🏡 What This Means for Sellers

If you're considering selling your home in Stony Plain, July’s numbers are promising:

1. Record-High Asking Prices
   You may be able to list your home at a higher price than previously expected.
2. Buyer Demand Remains Strong
   Despite fewer total sales, buyers are still paying near asking price for quality listings.
3. More Competition
   With listings up 27%, sellers will need to ensure their homes are well-prepared for market. Curb appeal, pricing strategy, and marketing matter more than ever.
4. Slightly Longer Sales Timeline
   Plan for a bit more time on the market and be strategic with price reductions if necessary.

🔮 Looking Ahead: What's Next for Stony Plain?

The July report offers some key insights as we look ahead into August and the fall market:

• Affordability may become a challenge for some buyers as prices continue to rise.
• Inventory gains may keep the market more balanced than in past years.
• Interest rate stability could dictate buyer urgency through the end of summer.
• Higher-priced properties are gaining traction—this could shift the market dynamics moving forward.

If you're watching from the sidelines, now is the time to connect with a local expert who can guide your decisions based on evolving trends. Stony Plain continues to be one of Alberta’s most attractive communities for lifestyle, investment, and long-term growth.

🌟 Why Stony Plain Continues to Shine

Buyers and sellers alike are drawn to Stony Plain not just for its market stats but for its lifestyle offerings. With family-friendly neighbourhoods, great schools, local events, and proximity to Edmonton, it provides small-town charm with city convenience. It’s an ideal location for first-time buyers, families, downsizers, and investors alike.

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.

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