Stony Plain Real Estate Market Update: September 2025

As we step into the final quarter of the year, the Stony Plain real estate market continues to offer valuable insight for homeowners, prospective buyers, and investors. September 2025 showed a stable level of sales activity but revealed some notable shifts in pricing, days on market, and inventory that are well worth watching.

Whether you're a homeowner curious about your property's value, a buyer looking for the right opportunity, or an investor tracking trends, this report provides a full breakdown of the Stony Plain real estate market for September 2025—from price growth to listing activity and everything in between.

📊 Stony Plain September 2025 Snapshot

Below Graphs Are Interactive

Stony Plain Real Estate - New MLS® Listings 

🏡 New Listings Drop Sharply

September 2025 brought 43 new listings to market, which is a 25.86% decrease compared to September 2024. Year-to-date, 481 new homes have been listed, a 2.04% decrease from 2024 levels.

This drop in fresh inventory is a double-edged sword:

• For sellers, it’s an opportunity to stand out in a less crowded market.
• For buyers, it means fewer options and potentially increased competition for desirable 

Average Asking Price of Homes in Stony Plain

🏷️ Asking Prices Hit New Highs

In September, the average asking price climbed to $460,000, a staggering 24.19% year-over-year increase. That’s one of the steepest annual jumps in listing prices we’ve seen all year.

With a YTD average asking price of $434,000, up 6.63% from 2024, sellers are clearly pricing high—and for good reason. With sale prices also on the rise, sellers are seeing favourable returns, although overpricing can still hurt if a home lingers on the market too long

Stony Plain Home Sales

🏘️ Sales Hold Steady Despite Economic Headwinds

September saw 34 homes sold, exactly matching the number sold in the same month last year. On the surface, this may suggest stability, but when looking at year-to-date (YTD) sales, we see a 7.38% decline, with 364 homes sold so far in 2025 compared to 393 by this time in 2024

While this drop is moderate, it may reflect rising borrowing costs, affordability challenges, or simple buyer hesitancy heading into the fall. That said, consistent monthly activity suggests continued local demand and overall market resilience.

Stony Plain Real Estate Market- Average Home Sale Price

💰 Sale Prices Surge in September

One of the most striking changes in the market is the jump in average sale price, which reached $421,000 in September 2025. That’s a 20.63% increase over September 2024. This strong appreciation continues a trend of rising property values in Stony Plain.

YTD, the average sale price now sits at $407,000, up 6.25% from the same time last year

These figures make it clear: Stony Plain remains a strong market for long-term homeowners and sellers looking to build equity.

📉 Slight Dip in Ask-to-Sell Ratio

The ask-to-sell ratio in September dropped slightly to 98.5%, from approximately 99.1% in the previous year. This means that homes are still selling close to asking price, but not quite at the same premium levels we saw in the past.

However, YTD the ratio remains strong at 99.2%, demonstrating that realistic pricing is still rewarded with serious offers near asking

Stony Plain Average Days on Market

⏳ Homes Selling Faster Than Before

Another favourable trend is the reduction in days on market. The average time to sell a home in Stony Plain dropped to 35 days in September, down 16.67% from a year ago. YTD, homes are selling in about 45 days on average, an improvement over 53 days in 2024.

This means that while listings are lower, the homes that are on the market are selling faster—likely due to increased pricing confidence and better-prepared listings

🧭 What This Means for Buyers

• Higher Prices Mean Acting Quickly Is Critical
  With sale prices climbing nearly 21% year-over-year, buyers should be aware that hesitation may lead to paying more later.
• Tighter Inventory Means More Competition
  A 25% drop in new listings means fewer choices. Be prepared to move fast and work with a local expert to identify new listings the moment they hit the market.
• Quick Closings Are the Norm
  With homes selling in just over a month, buyers should have pre-approvals in hand and be ready to make decisive offers.

🏠 What This Means for Sellers

• • It’s a Seller’s Market—Still
    Despite the slowdown in total sales, rising prices and faster sales mean sellers are in a favourable position, especially for well-maintained homes in desirable price ranges.
  • Fewer Listings Mean More Exposure
    With fewer homes on the market, properly marketed listings stand out, often attracting more attention and potentially multiple offers.

momentum.

• Strategic Pricing Matters
  While asking prices are up, the small dip in the ask-to-sell ratio shows that buyers are negotiating. Price too high, and you risk losing valuable early
  🏙️ Why Buyers Continue to Choose Stony PlainWith its welcoming community atmosphere, proximity to Edmonton, and steadily growing amenities, Stony Plain continues to be a popular choice for:
  • First-time buyers looking for value
  • Families seeking space and schools
  • Retirees downsizing without sacrificing lifestyle
  • Investors betting on long-term appreciation in a stable market

  🔮 Market Outlook for Fall 2025

  Looking ahead into the fall, here are some trends to watch:

  • Interest Rates & Affordability
    If rates remain steady, demand is likely to stay high even as we move into a typically slower season.
  • Inventory Levels
    With new listings declining, buyers will need to act quickly—and sellers may face less competition.
  • Continued Price Growth
    The trend line shows steady appreciation. If you’ve been waiting to sell, the fall season could offer you optimal conditions.

  📞 Thinking About Buying or Selling in Stony Plain? Let’s Talk.

  Whether you’re a seller hoping to capitalize on the market or a buyer looking to make a smart investment, I can help you navigate the process with confidence.

  I’m Chris Reid, REALTOR® with Century 21 Leading.
  📱 Call or Text: (780) 717-5267
  📧 Email: creid@chrisreidedmonton.com

  Let’s make your next move your best one yet.

  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