Rural Sturgeon County Real Estate Market Update: April 2025 Statistics
The Rural Sturgeon County real estate market has seen some significant changes in its real estate landscape over the past year.
Rural Sturgeon County, just north of Edmonton, has long been known for its scenic properties, expansive acreages, and tranquil living environment. As more buyers seek larger homes with access to nature, this area continues to draw attention.
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Rural Sturgeon County New MLS® Listings
The number of new listings in April 2025 decreased by 30.00%, with 49 new properties coming to market compared to 176 in April 2024. This decline in new listings suggests that fewer sellers are entering the market, which could create a more competitive environment for buyers.
Average List Price
The average asking price for homes in Sturgeon County in April 2025 was $930,000, which is a 3.39% decrease from the previous year’s average asking price of $914,000. However, when comparing the year-to-date figures, we see a positive trend, with the asking price increasing by 9.28%, from $914,000 in 2024 to $999,000 in 2025.
Rural Sturgeon County Home Sales
In April 2025, there were 25 properties sold, representing an 8.70% increase compared to April 2024. However, the year-to-date (YTD) sales have decreased by 28.00%, with 54 properties sold in 2025 compared to 75 properties sold in the same period last year. This indicates that while sales have picked up slightly in recent months, there has been a slowdown in overall transactions in the county.
Average Sale Price
The average sale price in April 2025 saw a significant increase of 19.41%, reaching $808,000. This increase reflects a positive shift in the market, with the average sales price for the year-to-date rising 9.68%, from $684,000 in 2024 to $750,000 in 2025.
Ask-to-Sell Ratio: The average ask-to-sell ratio in April 2025 was 96.6%, slightly down from the previous year’s ratio of 96.5%. This indicates that properties are still selling relatively close to their asking price but suggests a slight decline in the negotiation power of sellers.
Average Days on Market
The average days on market until a sale was completed increased by 62.75%, from 112 days in April 2024 to 183 days in April 2025. This indicates that it’s taking longer for homes in Sturgeon County to sell, which might be a result of the higher asking prices and reduced buyer activity.
Factors Driving Sturgeon County’s Real Estate Market
Several key factors are shaping the real estate trends in Sturgeon County, including:
- Increased Demand for Larger Properties: Many buyers continue to seek larger homes with more land. With the increased popularity of remote work and a desire for more space, rural properties in Sturgeon County are in demand. Buyers are looking for properties with acreage for privacy, outdoor activities, and a peaceful lifestyle while remaining close to Edmonton.
- Seller’s Market Challenges: While there is still a healthy demand for homes in Sturgeon County, fewer new listings are being introduced, creating a supply shortage. This is contributing to higher asking prices and longer time on market, as sellers remain firm on their pricing.
- Interest in Investment Opportunities: Sturgeon County continues to attract investors, particularly those interested in larger tracts of land. The rural areas surrounding Edmonton offer excellent potential for land investment, whether for agricultural use, building custom homes, or development projects.
- Interest Rates and Financing: Buyers in Sturgeon County are still impacted by the broader economic environment, particularly interest rates. Higher rates can make financing more difficult, potentially slowing down buyer activity and leading to longer days on market for properties.
Popular Areas in Rural Sturgeon County
Rural Sturgeon County is vast, encompassing several desirable communities and neighborhoods. Whether you are looking for a sprawling farm property or a tranquil acreage to call home, Sturgeon County offers a variety of options:
- Gibbons: This charming town is known for its proximity to both Edmonton and Fort Saskatchewan. Gibbons offers excellent access to amenities while maintaining a rural vibe. It’s perfect for families who want more space but don’t want to be too far from the city.
- Morinville: Known for its small-town atmosphere, Morinville provides a great balance of rural living with easy access to essential services. It’s becoming increasingly popular with commuters who work in Edmonton but prefer a quieter lifestyle.
- Redwater: Redwater offers larger properties, making it a great option for buyers interested in agricultural land or recreational properties. The town also provides a variety of community services, including schools and recreational facilities.
- Sturgeon County: Known for its luxurious properties and beautiful landscapes, Sturgeon Valley is one of the most sought-after areas in the county. The valley provides stunning views and large estates, making it an attractive option for buyers seeking high-end homes with ample land.
Tips for Buyers in Sturgeon County
If you’re considering purchasing property in Sturgeon County, here are a few tips to guide your search:
- Understand Local Zoning Laws: Sturgeon County encompasses a variety of zoning regulations that can affect how you use the property. Make sure to research zoning laws, particularly if you plan to use the land for farming or commercial purposes.
- Be Ready for a Competitive Market: Due to the low number of new listings, there’s potential for increased competition among buyers. Be prepared to move quickly when you find the right property.
- Hire an Experienced Realtor: A local real estate agent with experience in the Sturgeon County market can provide invaluable insight. They’ll help you navigate the market, find listings that fit your criteria, and negotiate the best possible price.
- Financing Considerations: If you’re purchasing land or a larger acreage, ensure that you understand your financing options. Some properties may require specialized financing, such as rural property loans.
Outlook for Sturgeon County Real Estate
The future of the Sturgeon County real estate market looks promising, despite the current slowdown in sales. With rising property values and continued demand for rural living, the market is expected to remain active. However, buyers will need to be patient and prepared for longer days on market and higher prices as the supply of properties tightens.
The long-term outlook is positive for those seeking acreage homes or investment opportunities, as Sturgeon County continues to be an attractive option for those desiring more space and the peace of rural living.
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 would like more information on the Rural Sturgeon County real estate market contact Chris Reid
Rural Sturgeon County Website