St. Albert Real Estate Market Statistics January 2025
The St. Albert real estate market is off to a strong start in 2025, with a surge in both sales and new listings. Whether you’re buying or selling in this popular Edmonton suburb, it’s crucial to understand the latest trends and how they may affect your decisions.
Bar Graphs Below Are Interactive
St. Albert New Listing Count
The number of new listings has risen sharply, with 130 properties hitting the market, a 22.64% increase compared to the same time last year.
Average List Price
The average asking price for homes in St. Albert has increased by 9.67%, reaching $597K in January 2025.
St. Albert Home Sales
66 homes were sold in January 2025, marking a 17.86% increase from January 2024. This uptick indicates a high level of buyer interest in St. Albert.
Average Sale Price of Homes
Price appreciation is another standout feature of St. Albert’s real estate market in early 2025. Homebuyers are willing to pay higher prices, reflecting the demand for homes in this thriving community.
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- Average Sale Price: The average sale price of homes in St. Albert has grown by 10.48%, now sitting at $482K.
- Ask to Sell Ratio: Homes are selling for nearly the asking price, with the average ask to sell ratio increasing by 2.42%, now at 0.998.
St. Albert Days on MLS®
Homes are selling faster than in previous years, with the average days on market dropping by 43.33%, now standing at just 51 days in January 2025.
What Does This Mean for Buyers and Sellers?
The St. Albert market is showing strong signs of growth, with more homes selling quickly and for higher prices. This is an exciting time for sellers, while buyers may face some challenges, but also plenty of opportunities.
- For Buyers: With an increase in new listings, you have more options to explore. However, properties are selling faster and at higher prices, so it’s important to be prepared to act quickly. Work with an experienced REALTOR® to help you navigate the competitive market and find the best deal.
- For Sellers: This is an ideal time to list your home in St. Albert. With more listings coming onto the market and homes selling faster than in previous years, you’re likely to see strong interest and competitive offers. If priced correctly, you can expect to sell your home quickly, often near the asking price.
The Growing Appeal of St. Albert
St. Albert continues to be a highly desirable community for homebuyers, thanks to its excellent amenities, top-rated schools, and close proximity to Edmonton. Whether you’re drawn to the community’s parks, family-friendly atmosphere, or easy access to major roadways, St. Albert offers something for everyone.
Conclusion: The St. Albert Real Estate Market is Thriving
The St. Albert real estate market is experiencing strong growth as we move into 2025. With more homes selling faster and at higher prices, both buyers and sellers have opportunities to benefit from the current market conditions. If you’re looking to buy or sell a home in St. Albert, now is a great time to make a move.
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