St. Albert Real Estate Market Update: February 2025 

The St. Albert real estate market has experienced solid growth for 2025 compared to the previous year. The city has seen an increase in both the number of properties sold and the average sale price, signalling a continued demand for homes in this desirable area. Whether you’re a first-time buyer, an investor, or looking to upgrade your home, it’s important to understand how these changes affect your real estate goals.

St. Albert, often referred to as “The Botanical Arts City,” is known for its beautiful parks, vibrant community, and strong real estate market. As we head into 2025, there are several key trends and updates shaping the local housing market. If you’re considering buying, selling, or investing in St. Albert real estate, understanding the latest market conditions is crucial to making an informed decision. Let’s dive into the most recent statistics, trends, and insights into St. Albert’s housing market as of February 2025.

Bar Graphs Below Are Interactive

St. Albert New Listing Count

There were 157 new listings in February 2025, reflecting a 6.80% increase compared to February 2024. For the year-to-date (YTD), 287 new homes have been listed, an increase of 13.44% from 253 listings during the same period in 2024. This surge in new listings is a positive sign for buyers, as it indicates more options to choose from in the market.

Average List Price

In February 2025, the average asking price for homes in St. Albert was $545K, which represents a 6.49% decreasecompared to the same time in 2024. This change signals that while the market remains active, there may be some slight adjustments in pricing as sellers seek to remain competitive. However, it’s important to note that the average asking price does not always equate to the final sale price, as negotiations can influence the final deal.

St. Albert Home Sales

101 sold homes in February 2025, representing a 13.48% increase from February 2024, when 89 homes were sold. Year-to-date (YTD) figures also show strong growth with 167 homes sold so far in 2025, marking a 15.17% increase from the same period in 2024.

Average Sale Price of Homes

The average sale price for homes in St. Albert rose to $568K in February 2025, which is an 8.10% increase from February 2024. This growth mirrors the YTD average sale price of $534K, marking an 8.76% increase from the same time in 2024. This upward trend in prices indicates a healthy and competitive market where home values are appreciating.

The average ask-to-sell ratio stands at 1.003, which represents a 1.69% increase from the previous year. This means that homes are generally selling for slightly above their asking prices, indicating that sellers are achieving their desired sales prices and the market is competitive.

Days on MLS®

Homes in St. Albert are selling faster. The average days on market has decreased by 40.24%, dropping from 85 days in February 2024 to just 49 days in February 2025. This significant reduction in days on the market shows a higher demand for homes and a quicker turnaround for sellers.

What’s Driving the St. Albert Real Estate Market?

The growth of the St. Albert real estate market can be attributed to several key factors:

• Strong Demand for Family Homes: St. Albert is known for its family-friendly environment, with excellent schools, parks, and a wide range of recreational facilities. Many buyers are attracted to the area’s suburban feel, which offers the perfect balance of tranquility and accessibility to Edmonton’s city centre. With more buyers looking to settle in St. Albert, the demand for single-family homes and townhouses is strong.
• Appealing Community Amenities: Residents of St. Albert enjoy access to numerous amenities, including shopping centres, dining options, entertainment, and healthcare services. The city’s location near the Sturgeon River and its network of walking and biking trails also make it an attractive place to live for nature lovers. These features, combined with a low crime rate and a high quality of life, make St. Albert a highly desirable location for homebuyers.
• A Competitive but Growing Market: While the average sale price has been on the rise, the market remains relatively accessible for many buyers. The consistent increase in new listings and the reduction in days on market indicate a well-balanced market where buyers and sellers are finding common ground. For homebuyers, this is an opportunity to take advantage of more inventory and potential growth in equity over time.
• Proximity to Edmonton: St. Albert’s close proximity to Edmonton—just a 15-minute drive from downtown—makes it an ideal location for people who work in the city but prefer the peaceful suburban lifestyle. With transportation infrastructure continuing to improve, St. Albert is becoming even more convenient for commuters, enhancing its appeal to those who work in Edmonton but want to live in a quieter, more family-oriented community.

St. Albert Neighbourhoods to Watch

St. Albert is made up of a variety of neighbourhoods, each offering its unique features and amenities. Some of the most sought-after areas for homebuyers include:

1. Jensen Lakes: Jensen Lakes is one of the city’s most sought-after communities, offering an exceptional living experience with its tranquil lakeside setting. Known for its stunning lake views and vibrant lifestyle, Jensen Lakes combines the beauty of nature with modern conveniences. Residents enjoy year-round outdoor activities, including walking trails, kayaking, and scenic picnics by the water. This family-friendly neighbourhood is also home to a variety of high-quality homes, from spacious single-family residences to luxurious properties, providing something for every lifestyle. With its close-knit community, excellent schools, and easy access to St. Albert’s amenities and Edmonton, Jensen Lakes is the perfect place to call home.
2. Oakmont: Oakmont is one of St. Albert’s most prestigious neighbourhoods, offering luxurious homes and large lots. It’s known for its stunning views of the Sturgeon River and proximity to upscale amenities such as the St. Albert Golf and Country Club. This area is perfect for buyers looking for a high-end lifestyle with easy access to nature.
3. North Ridge: If you’re looking for newer homes, North Ridge is a great option. Located on the northern edge of St. Albert, North Ridge offers modern homes with larger floor plans and easy access to parks and schools. It’s an excellent location for families looking for a spacious home in a growing community.
4. Mission: Mission is another established area in St. Albert, offering a mix of charming homes and newer developments. The neighbourhood’s proximity to the river, walking trails, and local shops make it an attractive place for buyers seeking a well-rounded lifestyle in a mature community.

Tips for Buyers and Sellers in St. Albert

Buyers:

• Get Pre-Approved for a Mortgage: The St. Albert market has seen price increases, so it’s essential for buyers to get pre-approved for a mortgage. This will not only give you a clear idea of your budget but also make you a more competitive buyer in a market with limited inventory.
• Stay Informed About New Listings: With the increase in new listings, it’s important to stay up-to-date with the latest properties on the market. Working with a local REALTOR® can help you get the inside track on new homes before they’re widely available.

Sellers:

• Price Your Home Strategically: Homes in St. Albert are selling quickly, but it’s essential to price your property competitively. Work with your REALTOR® to understand current market trends and ensure your home is priced to attract buyers while maximizing your return.
• Stage Your Home: Staging your home can help it stand out in a competitive market. Buyers are more likely to make an offer on a home that is well-presented and move-in ready.

Conclusion

The St. Albert real estate market in February 2025 is showing positive signs of growth, with increased sales activity, rising prices, and reduced days on the market. Whether you’re a first-time buyer or a seasoned investor, now is an exciting time to consider St. Albert as your next real estate investment. With strong community amenities, family-friendly neighbourhoods, and close proximity to Edmonton, St. Albert offers an ideal location for homebuyers looking to settle in a thriving suburban area.

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

St. Albert Website