Stony Plain Real Estate Market Update | January 2025

Here are the key statistics and trends for the Stony Plain real estate market, and what they mean for potential buyers and sellers. Stony Plain, Alberta, is a thriving community with a real estate market showing both growth and fluctuation in early 2025. As we step into the new year, it’s essential to understand the local market trends to make informed decisions whether you’re buying or selling a home.

Below Graphs Are Interactive

Stony Plain Real Estate – New MLS® Listings 

• • There were 52 new listings in January 2025, representing a 36.84% increase from the same time in 2024.
  • This influx of new listings provides buyers with more options, making Stony Plain a competitive market. Sellers looking to list their homes should act now, as the demand is still strong.

Average Asking Price of Homes in Stony Plain

• • The average asking price for properties in Stony Plain was $484,000, a 6.47% increase compared to the previous year.
  • This upward trend indicates that sellers are gaining confidence in the market, and buyers may need to be prepared for slightly higher asking prices.

Stony Plain Home Sales

• • 38 properties sold in January 2025, marking a 31.03% increase from January 2024.
  • This surge in sales signals a strong demand for homes in the Stony Plain area. Buyers are actively entering the market, and sellers are seeing more competition, which can drive higher prices and quicker sales.

Average Home Sale Price

• • The average sale price for homes in Stony Plain was $340,000, a 4.03% decrease from January 2024.
  • While the asking prices have risen, the actual sale prices have slightly dropped. This could indicate that buyers are negotiating for better deals or that certain property types have become more affordable.

Ask-to-Sell Ratio

• • • The average ask-to-sell ratio in January 2025 was 98.4%, a 1.19% increase compared to January 2024.
    • Sellers are getting closer to their asking prices, reflecting a stable market where properties are being valued appropriately. This is a positive sign for those looking to sell, as they’re seeing solid returns.

Average Days on Market

• • Homes in Stony Plain are selling faster, with an average 56 days on the market in January 2025, which is a 24.32% decrease compared to the previous year.
  • Homes are moving quicker than last year, which benefits sellers looking for fast transactions. For buyers, this means it’s important to act quickly when you find the right home.

What This Means for Buyers

If you’re considering purchasing a home in Stony Plain, now might be the right time to act. With the increase in listings, there are more options to choose from, but don’t wait too long—homes are selling faster, and the market is becoming more competitive. While average sale prices have dipped slightly, they’re still relatively high, so expect to find a mix of both higher-priced homes and more affordable options depending on the neighbourhood and property type.

What This Means for Sellers

Sellers in Stony Plain are in a strong position as we head into 2025. The combination of rising asking prices, a significant increase in new listings, and quicker sales times suggests that there’s a healthy demand for properties. If you’re thinking about selling, now is a great time to take advantage of these market trends. However, it’s still important to price your home correctly and ensure it stands out in a competitive market.

Stony Plain: A Great Place to Live and Invest

Stony Plain’s growing real estate market is a reflection of the community’s appeal—its blend of small-town charm, proximity to Edmonton, and excellent amenities make it a highly sought-after location for both buyers and investors. Whether you’re looking to purchase your first home, move up the property ladder, or invest in real estate, Stony Plain continues to be a strong contender in Alberta’s housing market.

Conclusion

The Stony Plain real estate market is poised for another year of growth in 2025, offering both opportunities and challenges for buyers and sellers. With a healthy rise in new listings, stable prices, and faster sales, it’s a dynamic market that requires both buyers and sellers to stay informed and prepared. Whether you’re a first-time buyer or an experienced investor, understanding these trends can help you make smarter, more strategic decisions.

If you’re considering buying or selling in Stony Plain, contact Christina Reid, REALTOR®, for expert guidance and personalized service.

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