St. Albert Real Estate Market Update: February 2026 

The St. Albert real estate market continued to show strength and resilience in February 2026, with home prices rising significantly compared to the same time last year. While the number of homes sold saw a small year-over-year dip, the data reveals strong demand and continued confidence in the St. Albert housing market. With prices rising, inventory tightening slightly, and buyers remaining active despite seasonal conditions, February offers valuable insight into how the spring real estate market in St. Albert may unfold.

For homeowners, buyers, and investors alike, these trends demonstrate that St. Albert remains one of the most desirable and stable real estate markets in the Edmonton region. If you're considering buying or selling in St. Albert this year, understanding these statistics can help you make informed decisions.

For personalized advice about buying or selling real estate in St. Albert, contact Christina Reid, REALTOR® with Century 21 Leading, at (780) 717-5267.

February 2026 St. Albert Real Estate Market Snapshot

The February statistics show a balanced market with strong price growth and moderate sales activity.

Key February 2026 Statistics

• 97 homes sold in February
• Average sale price: $548,000
• Average asking price: $560,000
• 142 new listings added to the market
• 52 days on market on average
• Average ask-to-sell ratio: 1.004

While the number of homes sold was slightly lower than last year, home values increased significantly, indicating continued buyer demand in the St. Albert housing market.

Bar Graphs Below Are Interactive

St. Albert New Listing Count

New Listings in February

February saw 142 new listings come onto the market in St. Albert, which represents a 6.58% decrease compared to February 2025. Lower inventory can create increased competition among buyers, particularly in popular price ranges such as single-family homes between $450,000 and $650,000.

Year-to-date, there have been 256 new listings in 2026, compared to 272 during the same period last year, a 5.88% decrease. This reduction in listings may contribute to rising home prices if buyer demand continues to outpace supply heading into the spring market.

Average List Price

The average asking price in February 2026 was $560,000, representing a 6.05% increase compared to February 2025. This increase indicates that sellers are entering the market with strong pricing expectations. In many cases, homeowners are listing their properties at higher values because recent sales support those price levels.

Looking at the year-to-date numbers, the average asking price in St. Albert is currently $578,000, compared to $544,000 last year, an increase of 6.16%. These figures show that both buyers and sellers are adjusting to the upward pricing trend that began in 2025 and continues into 2026.

St. Albert Home Sales

Homes Sold in February 2026

In February 2026, 97 homes sold in St. Albert, representing a 2.02% decrease compared to February 2025. While this small drop may appear noteworthy, it actually reflects a relatively stable level of activity for the time of year. February is still considered part of the winter market, when real estate activity typically remains moderate before accelerating in the spring.

Looking at the year-to-date figures, a total of 160 homes have sold in 2026 so far, compared to 163 homes during the same period in 2025, a modest 1.84% decrease. This tells us that overall demand remains steady. Buyers are still active in the market, and the slight difference in sales volume is not indicative of a slowdown but rather typical seasonal fluctuations.

Average Sale Price of Homes

One of the most notable statistics from February 2026 is the increase in home values.

The average sale price reached $548,000, which represents a 13.67% increase compared to February 2025. This price growth reflects several key market factors:

• Strong demand for homes in St. Albert
• Continued population growth in the Edmonton region
• Limited housing inventory compared to demand
• Buyer preference for suburban communities with strong amenities

On a year-to-date basis, the average sale price in St. Albert has climbed to $574,000, which is an impressive 18.17% increase compared to the same period in 2025. This suggests that the market is experiencing strong momentum early in 2026, particularly in higher-value homes and newer developments.

Average Ask-to-Sell Ratio

The average ask-to-sell ratio in February 2026 was 1.004, which means homes sold for approximately 100.4% of their asking price. This statistic shows that, on average, homes sold slightly above their list price, which often happens when demand is strong or when properties receive multiple offers.

For the year-to-date period, the average ratio is 0.998, compared to 1.003 in 2025, representing a slight 0.57% decrease. Even with this small shift, homes in St. Albert are still selling extremely close to their list prices, demonstrating a balanced and competitive market.

Days on MLS®

Homes in St. Albert spent an average of 52 days on the market in February 2026, which represents an 8.33% increase compared to February 2025.However, when looking at the year-to-date numbers, the average time to sell has increased more significantly.

So far in 2026, the average days on market is 67 days, compared to 47 days during the same period in 2025, representing a 42.55% increase.

There are several potential reasons for this increase:

• Buyers taking more time to evaluate properties
• Slightly higher price points requiring more financing preparation
• Seasonal winter market conditions

Despite the longer selling timelines, homes are still selling at strong prices, which suggests the market remains healthy.

2026 YTD vs February 2025 YTD for the St. Albert real estate market

What These Numbers Mean for Buyers

For buyers looking to enter the St. Albert real estate market, February’s statistics reveal both opportunities and challenges.

Home prices have risen significantly, meaning buyers may need to adjust budgets or financing expectations. However, the increase in days on market suggests that buyers may have slightly more time to evaluate homes before making offers.

Lower inventory also means that well-priced homes in desirable neighbourhoods may attract strong interest.

Buyers who are prepared with mortgage pre-approval and a clear understanding of their budget will be best positioned to compete in the market.

What These Numbers Mean for Sellers

For homeowners thinking about selling, the February market conditions are encouraging.

Prices are rising, homes are still selling close to asking price, and demand remains steady despite seasonal fluctuations.

Sellers who list their homes ahead of the spring rush may benefit from less competition and strong buyer interest.

Strategic pricing, professional marketing, and high-quality presentation remain key factors in achieving the best possible sale price.

St. Albert Neighbourhood Market Trends

St. Albert continues to attract buyers from across the Edmonton region thanks to its strong community appeal, excellent schools, and high quality of life.

Popular neighbourhoods include:

• Jensen Lakes – known for its private beach and modern homes
• Erin Ridge North – one of the fastest growing communities in the city
• Oakmont – offering luxury homes and beautiful river valley views
• North Ridge – a well-established family neighbourhood

These communities continue to drive demand in the local real estate market.

Outlook for the Spring Market

February’s statistics suggest that the spring 2026 market in St. Albert could be very active.

Key trends to watch include:

• Rising home prices
• Slightly reduced housing inventory
• Continued buyer demand
• Increasing competition for well-priced homes

Historically, the months of March, April, and May represent the busiest period for real estate in St. Albert. If current trends continue, we may see even stronger price growth and increased sales activity in the coming months.

Thinking About Buying or Selling in St. Albert?

Whether you're planning to purchase your first home, upgrade to a larger property, or sell your current home, understanding the local market is essential.

Working with a knowledgeable REALTOR® can help you navigate changing market conditions and make confident decisions.

For expert guidance in the St. Albert real estate market, contact:

Christina Reid, REALTOR®
Century 21 Leading
📞 (780) 717-5267
📧 creid@chrisreidedmonton.com

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. 

Interested in buying or selling in the St. Albert real estate market CONTACT CHRIS REID

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