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Spruce Grove Real Estate Market Update September 2025

As we move into the crisp days of fall, the Spruce Grove real estate market is beginning to show signs of seasonal moderation. With fewer properties sold, longer days on market, and a softening in sale price growth, the September 2025 statistics reflect a shift toward a more balanced market—creating different opportunities for buyers and sellers alike.

If you’re considering a move in Spruce Grove, this in-depth update will help you understand what the numbers mean, and how to navigate this evolving market landscape.

📊 September 2025 At-a-Glance: Spruce Grove Housing Stats

Metric September 2025 September 2024 % Change
Sold Properties 89 98 ↓ 9.18%
YTD Sold Properties 921 1010 ↓ 8.81%
Average Asking Price $501,000 $471,500 (approx.) ↑ 6.26%
YTD Avg Asking Price $503,000 $461,000 ↑ 9.00%
Average Sale Price $461,000 $456,400 (approx.) ↑ 1.01%
YTD Avg Sale Price $475,000 $430,000 ↑ 10.67%
New Listings 130 132 ↓ 1.52%
YTD New Listings 1308 1251 ↑ 4.56%
Days on Market 63 days 48 days (approx.) ↑ 31.25%
Ask-to-Sell Ratio 0.990 0.999 (approx.) ↓ 0.86%

Spruce Grove Real Estate Market Statistics Search Homes Spruce Grove Real Estate Market Statistics - How much is my home worth Spruce Grove Real Estate Market Statistics - PDF Market Report Spruce Grove Real Estate Market Statistics - my neighbourhood

 

The below graphs are interactive

New MLS® Listing Count

📦 New Listings: A Slight Dip, But Inventory Remains Strong

In September 2025, 130 new properties hit the market in Spruce Grove, which is a 1.52% decrease compared to September 2024.

While this month saw a modest drop in listings, the year-to-date total has climbed to 1,308 homes listed, representing a 4.56% increase over last year’s 1,251 listings at the same point in time.

This year-over-year growth in overall inventory provides continued support for buyers entering the fall market. Although September's listings dipped slightly, this could be attributed to seasonal patterns where fewer homeowners list homes in the fall. Still, the broader trend shows that more sellers are entering the market in 2025, helping ease pressure on supply and offering buyers more choice heading into Q4.

Average Listing Price in Spruce Grove

📈 Average Asking Price: Seller Confidence Still Holding

The average asking price in September 2025 was $501,000, showing a 6.26% increase from the same month last year. The year-to-date average asking price holds strong at $503,000, up 9.00% compared to 2024.

This consistent rise in list prices demonstrates continued seller confidence, even as the market shows signs of slowing in terms of actual sales. Many homeowners are still aiming to capitalize on the gains seen earlier in the year. However, as buyer caution grows and days on market lengthen, pricing homes appropriately from the start will be crucial. Sellers hoping to stand out in the increasingly competitive fall market will benefit from accurate valuations and expert local insight.

Spruce Grove Home Sales

🏠 Sales Activity: Slowing into Fall

In September 2025, 89 properties sold in Spruce Grove—down from 98 in the same month last year. This represents a 9.18% drop in sales, aligning with the seasonal cooling we often see as summer turns to fall.

Looking at the bigger picture, the year-to-date total of 921 sales is 8.81% lower than 2024's YTD figure of 1,010 homes sold

While this might seem like a concern at first glance, it’s a normal transition in many markets as buyer urgency tends to taper off in the autumn months. For sellers, this means pricing right and marketing effectively is more important than ever.

Real Estate Market Statistics Spruce Grove Average Home Sale Price

This shows that sellers remain confident, although the rate of price growth is starting to slow compared to the double-digit jumps we saw earlier in the year.

Sale Prices:

  • The average sale price in September came in at $461,000, just 1.01% higher than the same month in 2024.
  • Year-to-date, homes in Spruce Grove have sold for an average of $475,000, a 10.67% increase from last year.
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The narrowing gap between list price growth and sale price growth suggests buyers are becoming more price-sensitive, especially as affordability is tested.

🧾 Ask-to-Sell Ratio: Buyers Gaining Leverage

The ask-to-sell ratio in September was 0.990, a slight drop of 0.86% from the previous year, and a sign that homes are no longer selling at or above list price as frequently as they were in the spring and summer

This doesn’t mean the market has turned negative—it simply indicates that buyers are being more selective and negotiations are back on the table.


Days on Market Until Sale

📉 Days on Market: Properties Taking Longer to Sell

One of the most notable changes in September is how long homes are staying on the market.

  • The average number of days on market jumped to 63 days, a 31.25% increase from last year.
  • Even so, the YTD average sits at 50 days, still 15.25% faster than 2024's pace

This monthly increase is a strong indicator that demand is softening slightly—buyers may be taking more time to make decisions, especially with more listings available.

📊 Spruce Grove Real Estate – Year-to-Date Comparison (2025 vs. 2024)

Metric 2025 YTD 2024 YTD % Change
Sold Properties 921 1010 ↓ 8.81%
Average Asking Price $503,000 $461,000 ↑ 9.00%
Average Sale Price $475,000 $430,000 ↑ 10.67%
New Listings 1,308 1,251 ↑ 4.56%
Days on Market 50 59 ↓ 15.25%
Ask-to-Sell Ratio 1.000 0.995 ↑ 0.56%

🧭 What This Means for Buyers

If you're a buyer, fall 2025 could be your sweet spot.

  • More choices: Inventory remains high with 1,308 new listings year-to-date.
  • Less competition: With fewer bidding wars and longer days on market, you may be able to negotiate better terms.
  • Stabilizing prices: Sale prices are no longer rising rapidly, which helps buyers make more confident, long-term decisions.

👋 If you’re thinking about buying in Spruce Grove this fall, let’s talk about your goals and how we can find the perfect property together. Call me, Christina Reid, at (780) 717-5267 for personalized guidance.

💡 What This Means for Sellers

Sellers can still do well—but strategic preparation and accurate pricing are more critical than ever.

  • Homes are still selling—but it’s taking longer and buyers are less likely to offer over asking.
  • Presentation matters: Staging, professional photography, and strong marketing will make your home stand out in a growing inventory pool.
  • Price smart: Look at recent comparable sales, not just list prices.

🎯 Want a custom market evaluation of your home? Reach out to me at (780) 717-5267 and I’ll provide you with a pricing strategy that works in today’s conditions.

🌇 Why Spruce Grove Continues to Be a Desirable Market

Even as the market shifts, Spruce Grove remains a top destination for homeowners across the Edmonton region.

🚗 Easy Commute

With direct access to Yellowhead Trail (Highway 16) and just 20–30 minutes to downtown Edmonton, Spruce Grove is ideal for professionals who want suburban peace without long commutes.

🏡 Family-Oriented Neighbourhoods

Communities like Prescott, McLaughlin, Greenbury, and Fenwyck offer modern homes, great schools, and family-friendly amenities.

🌿 Outdoor Lifestyle

With miles of walking trails, the Tri-Leisure Centre, and nearby golf courses, it’s easy to enjoy an active lifestyle here.

🛍️ Shopping & Services

Spruce Grove offers big-box retail, boutique shops, restaurants, and healthcare—all while maintaining small-town charm.

🔮 Looking Ahead: Fall & Winter 2025

Here’s what we might expect heading into the end of 2025:

  • Inventory will remain steady: New listings may slow slightly, but enough options should remain for buyers through winter.
  • Sales may decline seasonally, but sellers who prepare their homes well can still see solid results.
  • Prices may hold, but we’re unlikely to see the dramatic gains from earlier this year continue at the same pace.

It’s a market in transition, and that creates opportunities for both buyers and sellers who are strategic.

📞 Work with a Local Expert – Christina Reid

Whether you're buying your first home, investing, downsizing, or upgrading—navigating today’s market requires local expertise and smart strategy.

I’m here to help you make sense of the data and turn it into results.

📱 Call or text me anytime at (780) 717-5267
📧 Email: creid@chrisreidedmonton.com
🌐 Visit: chrisreidedmonton.com

For more information on buying or selling in Spruce Grove CONTACT CHRIS REID

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. 

City of Spruce Grove Website

Chris Reid
REALTOR®
CENTURY 21 Leading