Devon Real Estate Market Update: December 2025

As 2025 wraps up, the Devon housing market continues to showcase balanced activity. With consistent buyer interest, modest price adjustments, and a healthy absorption rate, the town remains an attractive and stable place for homeowners and investors alike.

Let’s break down what happened in December—and how the full year compares to 2024.

🔎 Monthly Snapshot – December 2025

Based on the data provided:

Category	December 2025
Total Sales	4
New Listings	7
Inventory	17
Average Asking Price	$439,157
Average Selling Price	$443,875
Sales-to-List Ratio	101.1%
Average DOM	25

   

Interactive bar graphs

 

Devon New  MLS® Listings

📦 Inventory & Listings

Devon saw 7 new listings in December, while total inventory sat at 17 homes. These are typical winter numbers for a town of Devon’s size. The low volume of new listings could create favourable conditions for sellers heading into early 2026.

Average List Price

💰 Asking Price Trends

The average asking price in Devon for December 2025 came in at $439,157, a slight drop from the previous month, signalling that sellers may be adjusting expectations to align more closely with market demand. Despite the modest adjustment, this still reflects a strong pricing benchmark for the town, given that sale prices continue to exceed list prices.

Devon Home Sales

🏠 Home Sales: Stable Performance to Close the Year

Devon saw 4 residential sales in December 2025, which aligns with typical winter market expectations in a smaller town. While this number is slightly lower than peak spring and summer months, it’s a strong indicator of consistent buyer demand, even during the holidays. With only 17 active listings on the market, this modest number of sales represents meaningful absorption. This trend of steady end-of-year sales—despite colder weather and limited new inventory—reinforces the confidence buyers have in Devon’s market. Sellers can take comfort knowing that homes are still moving, especially when priced and marketed effectively.

Average Sale Price

💵 Selling Prices: Stronger Than List Price Again

Interestingly, the average selling price was $443,875, meaning homes sold for about 1.1% more than the list price. This above-asking result indicates strong buyer competition, even in a winter market—suggesting that well-priced, well-presented homes are still commanding attention and premium results.

📈 Sales-to-List Ratio

With a sales-to-list ratio of 101.1%, this stat confirms Devon as a strong seller’s market for December. Any ratio above 100% indicates that, on average, homes are selling above asking price—an excellent signal of market strength despite the season.

Average Days on Market

⏱️ Days on Market (DOM)

The average DOM dropped to just 25 days in December, showcasing how quickly homes are moving in Devon when priced and marketed well. Compared to earlier in the year, where we saw periods exceeding 35–40 days, this marks an encouraging shift as buyer urgency returns.

 

📅 Year-to-Date Comparison (2025 vs. 2024)

Here’s how the Devon real estate market stacked up year-over-year:

Metric	2025 YTD	2024 YTD	% Change
Sold Properties	97	108	-10.2%
New Listings	139	140	-0.7%
Average Asking Price	$440,036	$409,757	+7.4%
Average Selling Price	$438,211	$404,323	+8.4%
Average DOM	35	36	-2.8%
Sales-to-List Ratio	99.6%	98.7%	+0.9%

Interpretation:

• Sales volume was slightly lower in 2025, but this was offset by stronger pricing and faster sales.
• Average home prices increased by over 8%, making 2025 a favourable year for homeowners.
• A consistent DOM suggests market stability.
• Sellers gained more ground on list price, reflected in the sales-to-list ratio increase.

🏘️ What This Means for Sellers

If you’re a homeowner in Devon considering listing in early 2026:

• The average sale price is up 8.4% year-over-year.
• Inventory remains limited, especially over winter.
• Homes are still selling fast and above list price, especially if professionally marketed.

💡 Now is an ideal time to prep your home for spring or take advantage of motivated winter buyers.

🔑 What This Means for Buyers

Buyers looking in Devon should be aware:

• Well-priced homes are moving quickly and sometimes over asking.
• Inventory remains tight, meaning limited choice and increased competition.
• That said, interest rates may begin to stabilize or decline in 2026, offering better affordability.

💡 Have your financing in place and work with a local expert (like me!) to jump quickly when a great home hits the market.

🌟 Why Devon?

Devon continues to attract buyers because of its:

• Proximity to Edmonton and Nisku
• Scenic river valley and outdoor lifestyle
• Family-friendly neighbourhoods like Highwood, South Ravines, and Athabasca Acres
• Community feel with small-town charm and solid property value growth

With property values rising and homes selling over asking, Devon presents a favourable opportunity for both buyers and sellers—whether you’re looking for a detached home, bungalow, or starter property.

🧠 Forecast for Early 2026

Looking ahead:

• Expect continued low inventory and healthy demand in Q1 2026.
• Detached homes will continue leading the market.
• If interest rates ease, we may see a wave of buyers re-entering the market, pushing prices further.

Sellers should prepare now to capitalize on early 2026 momentum, while buyers will benefit from acting before competition heats up.

📞 Let’s Talk Strategy

Thinking of buying or selling in Devon? I’m here to guide you every step of the way—from pricing strategies and builder insights to interior staging and quick-possession options.

📲 Call or text me at (780) 717‑5267
🌐 Visit: chrisreidedmonton.com
💛 Chris Reid, REALTOR® – Century 21 Leading

Let’s make your next move in Devon a confident one.

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 Devon real estate market contact Chris Reid

Town of Devon Website