Sherwood Park Real Estate Market Update: July 2025 Statistics

The July 2025 Sherwood Park real estate market data paints a picture of a vibrant, competitive market. Prices are trending upward, homes are selling quickly, and new listings are entering the market to meet demand—although overall sales volume for the year is still slightly down from 2024.

Sherwood Park remains one of the most in-demand communities in the Edmonton Metropolitan Region. With its excellent schools, strong sense of community, abundant parks, and close proximity to Edmonton, the area continues to attract buyers from across Alberta and beyond.

📊 Key Sherwood Park Market Statistics – July 2025

Interactive bar graphs

Sherwood Park New  MLS® Listings

July saw 201 new listings, a 14.86% increase over July 2024.

Year-to-date, there have been 1127 listings, almost the same as last year (-0.53%). While new inventory is coming onto the market, much of it is being absorbed quickly by eager buyers, especially in the $450K–$550K range.

Average Asking Price

💰 Home Prices Surge Higher

The most notable trend in Sherwood Park this month is the sharp rise in prices.

Average Asking Price: At $545,000, the average asking price for July 2025 is 14.78% higher than July 2024. This indicates strong seller confidence and reflects the value buyers are placing on homes in this community.

Sherwood Park Home Sales

🏡 Sales Activity – A Stable July

Sherwood Park recorded 158 home sales in July 2025, almost identical to the 157 sales in July 2024, marking a slight 0.64% increase year-over-year.

While monthly sales have stayed stable, year-to-date sales are down 6.51%, with 876 properties sold so far in 2025 compared to 937 at this time in 2024. This drop is likely due to tight inventory in certain price segments and rising interest rates earlier in the year that may have slowed some buyer activity.

Average Sale Price

Average Sale Price: The average sale price hit $519,000, which is 6.04% higher than last year.

Year-to-Date Pricing: Looking at the year as a whole so far, the average sale price of $511,000 represents a 7.94% increase compared to the same period in 2024.

🔍 Ask-to-Sell Ratio – Slight Dip but Still Strong

The ask-to-sell ratio in July 2025 was 1.003, meaning most homes sold almost exactly at their asking price, with some even selling slightly above.

While this is a 0.12% drop from last year’s July figure, the year-to-date ratio of 1.012 remains higher than in 2024, reinforcing that buyers are still competitive in their offers.

Average Days on Market

⌛ Homes Are Selling Faster

Speed is a defining characteristic of the Sherwood Park market right now:

• In July 2025, the average days on market was just 25 days, a 13.79% reduction from last year.
• Year-to-date, homes are selling in an average of 29 days, compared to 41 days in 2024—a significant 29.27% faster.

This means well-priced homes are often selling within a few weeks, and sometimes in less than a week if they’re in high-demand neighbourhoods or price ranges.

📋 Year-to-Date Comparison: Sherwood Park Real Estate Market (2024 vs 2025)

📈 Market Interpretation – What These Numbers Mean

For Buyers:

• Competition is still high: Homes are selling quickly and close to asking price.
• Act fast: With only 25 days on market, buyers need to be pre-approved and ready to make strong offers.
• Be realistic: Prices are higher than last year, so budget accordingly.

For Sellers:

• It’s still a great time to list: Price growth and quick sales create favourable conditions.
• Presentation matters: Homes in good condition sell faster and for higher prices.
• Strategic pricing works: Overpricing can slow down offers, while competitive pricing can lead to bidding situations.

🔮 Looking Ahead

Given the steady demand and rising prices, Sherwood Park is likely to maintain strong market conditions for the rest of 2025. The pace of sales may slow slightly into fall, but low days on market and steady price growth suggest stability.

The only factor that could ease competition would be a significant increase in new inventory—something to watch for in the coming months.

📞 Thinking of Buying or Selling in Sherwood Park?

Whether you’re looking to find your dream home or sell your current one for top value, local expertise matters. With the current market’s fast pace and competitive pricing, having an experienced Sherwood Park Realtor® is essential.

📲 Contact Christina Reid at 780-717-5267 today for expert advice on navigating the Sherwood Park real estate market.

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 Sherwood Park real estate market contact Chris Reid

Strathcona County Website

Rural Sturgeon County Real Estate Market Update: July 2025 Statistics

Rural Sturgeon County continues to be one of the most desirable areas for buyers seeking the perfect blend of space, privacy, and accessibility to Edmonton and surrounding communities. Known for its rolling landscapes, expansive acreages, and small-town charm, this area attracts everyone from first-time acreage buyers to seasoned investors looking for prime rural properties.

As of July 2025, the market in Rural Sturgeon County is showing a mix of strong sales activity and price adjustments, signalling an evolving marketplace that both buyers and sellers should watch closely.

Interactive bar graphs

Rural Sturgeon County New  MLS® Listings

July 2025: 41 new listings (+13.89% from July 2024)
YTD: 259 new listings (-18.04% from 316 in 2024)

Analysis:
July’s jump in new listings provides buyers with more choice, which is a welcome change in a market that has been struggling with tight inventory all year. However, the year-to-date shortfall means inventory is still lower than last year overall, maintaining a level of competition for well-priced homes.

Implications:

• For Sellers: Listing now could mean standing out more, as buyers will notice fresh inventory amid a year of lower supply.
• For Buyers: More listings in July mean more opportunity to compare and negotiate. This could be a good time to make offers before fall inventory drops again.

Average List Price

💰 Average Asking Price – Sellers Recalibrating

July 2025: $757,000 (-7.26% from July 2024)
YTD: $912,000 (+4.93% from $869,000 in 2024)

Analysis:
This month’s drop in average asking price suggests that sellers are adjusting to meet current market conditions. While the year-to-date asking price remains higher than last year, the July dip shows a willingness to price more competitively to secure a sale. This recalibration is often necessary when buyers are pushing back on inflated prices, particularly with today’s cautious purchasing environment.

Rural Sturgeon County Home Sales

📈 Sold Properties – Activity Boost in July

July 2025: 29 properties sold (+11.54% from July 2024)
YTD: 138 sales (-17.86% from 2024’s 168 sales)

Analysis:
The increase in July’s monthly sales shows that demand is still strong for rural Sturgeon County properties, particularly those that offer move-in readiness, modern updates, or sought-after locations. However, the YTD decrease tells us that 2025 has been a slower year overall, likely due to fewer listings and higher borrowing costs that are making buyers more selective.

Average Sale Price

🏷 Average Sale Price – Stable Overall, Slight Dip This Month

July 2025: $689,000 (-1.76% from July 2024)
YTD: $746,000 (+4.02% from $717,000 in 2024)

Analysis:
While the July figure is slightly lower than last year, the year-to-date growth shows that the overall market remains healthy. The monthly dip could be tied to more mid-range and entry-level acreage sales in July, which naturally pull the average price down.

📏 Ask-to-Sell Ratio – Sellers Getting Close to Their Price

July 2025: 98.6% (+1.49% from July 2024)
YTD: 97.1% (-0.29% from 2024)

Analysis:
This is one of the most telling metrics—98.6% means sellers are receiving offers very close to their asking price. It’s a sign of a competitive market for good properties, even when sales volume is lower.

Average Days on Market

⏱ Days on Market – Faster Sales for the Right Homes

July 2025: 76 days (-41.98% from July 2024)
YTD: 97 days (+5.43% from 92 in 2024)

Analysis:
July’s dramatic drop in days on market is a key indicator of strong buyer interest in certain types of properties. Homes that are priced well and offer desirable features are selling much faster. The increase in YTD days on market shows that earlier in the year, homes were sitting longer, but recent activity is speeding things up.

Rural Sturgeon County Year-to-Date Market Comparison: July 2024 vs. July 2025

🔮 Market Outlook for the Rest of 2025

Looking ahead, the July data suggests a steady market with more balance between buyers and sellers. Inventory remains tight, which supports prices, but recent listing increases could bring more choice into late summer. Expect demand to stay healthy for well-maintained, realistically priced properties.

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

Lac Ste. Anne County Real Estate Market Update: July 2025 Statistics

The rural Lac Ste. Anne County real estate market continues to see strong momentum in 2025, with impressive year-over-year gains in sales activity and notable price growth. Known for its scenic landscapes, recreational opportunities, and peaceful rural lifestyle just outside of Edmonton, Lac Ste. Anne remains a sought-after destination for acreage buyers, investors, and families looking to escape the busyness of the city.

The July 2025 statistics reveal a thriving market driven by high demand, competitive pricing, and reduced inventory levels—creating opportunities for sellers and some challenges for buyers.

Interactive bar graphs

Lac Ste Anne New  MLS® Listings

New Listings Decline – Inventory Tightens

One of the most significant shifts in July 2025 has been the drop in new listings. Only 63 new properties hit the market, representing a 21.25% decrease compared to July 2024.

YTD, the total number of new listings is 534, which is 6.64% lower than in 2024. This tightening of inventory puts additional pressure on buyers, as competition for well-priced and well-located properties intensifies.

For sellers, this reduced competition creates a favourable environment for attracting multiple offers.

Average List Price

The average asking price in July 2025 was $416,000, a 6.53% increase from July 2024. Sellers remain confident in pricing their homes higher, supported by continued buyer demand and limited inventory.

YTD, the average asking price is $394,000, which is 7.94% higher than in 2024. This consistent upward movement reflects the long-term strengthening of property values in rural Lac Ste. Anne.

Lac Ste Anne Home Sales

July 2025 was a standout month for sales in rural Lac Ste. Anne County, with 54 properties sold, marking a 50% increase compared to July 2024. This surge demonstrates that interest in rural properties remains strong well into the summer months.

On a year-to-date (YTD) basis, sales continue to outperform last year’s pace. A total of 268 properties have sold so far in 2025, up 33.33% from the 201 sold during the same period in 2024.

This sustained growth is a clear indicator that rural living is not just a temporary trend—it’s a lasting lifestyle choice for many Albertans.

Average Sale Price

The average sale price for July was $381,000, up 20.08% year-over-year. On a YTD basis, the average sale price has reached $397,000, which is 12.78% higher than the same period last year.

The strong sale price growth is evidence of the market’s resilience, with buyers prepared to pay more for rural homes and acreages that meet their needs.

Ask-to-Sell Ratio – Buyers Paying Close to Asking Price

The average ask-to-sell ratio in July 2025 was 95.7%, which is nearly identical to last year, showing a 0.06% increase. This means that, on average, homes are selling for just slightly below their asking price.

YTD, the ratio stands at 95.6%, a slight 0.96% decrease from last year’s 96.5%. This shows that negotiation is still part of the process, but sellers are generally achieving prices close to their expectations.

Average Days on Market

While demand is strong, the average days on market in July 2025 rose to 124 days, an increase of 93.75% from July 2024.

YTD, the average days on market sits at 108 days, up 24.14% compared to 2024.

This longer selling period could indicate that while demand is high, buyers are taking more time to find the right property, or that some sellers are testing higher price points before adjusting to market conditions.

Year-to-Date Comparison – 2025 vs 2024

What This Means for Buyers and Sellers

For Buyers:

• Expect strong competition for the best properties due to fewer new listings.
• Be prepared to act quickly when you find a property that fits your needs.
• While prices are higher, there is still some room for negotiation in most transactions.

For Sellers:

• With sales volume up and new listings down, market conditions remain in your favour.
• Well-priced homes are attracting serious interest, and premium properties can achieve strong results.
• The increased days on market means strategic pricing and strong marketing are essential to stand out.

Final Thoughts – A Market That Continues to Outperform

The Rural Lac Ste. Anne County real estate market is continuing to outperform expectations in 2025. With sales up significantly, prices climbing, and inventory shrinking, it remains an appealing market for both buyers and sellers.

For buyers, the key to success is preparation—have your financing ready and be prepared to move quickly. For sellers, now is an opportune time to list, with strong buyer demand and reduced competition from other listings.

📞 Thinking about buying or selling in Rural Lac Ste. Anne?
Contact Chris Reid, REALTOR® at (780) 717-5267 or creid@chrisreidedmonton.com for expert advice and local market knowledge.

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 Lac Ste Anne real estate market contact Chris Reid

Lac Ste Anne County Website

Devon Real Estate Market Update: July 2025

As we move through the summer of 2025, the Devon real estate market is showing some notable shifts compared to last year. July’s numbers paint a picture of increased buyer activity, a surge in new listings, and competitive yet balanced pricing. In this blog, we’ll break down all the latest statistics, explore what they mean for buyers and sellers, and highlight why Devon continues to be one of the Edmonton area’s best places to live.

Devon, Alberta continues to attract homebuyers looking for a perfect balance of small-town charm, community spirit, and easy access to the amenities of Edmonton. With its scenic river valley, walkable neighbourhoods, and strong local amenities, Devon remains a highly desirable location for families, retirees, and professionals alike.

July 2025 Key Market Highlights

From sales volumes to pricing trends, here’s how the Devon real estate market performed in July:

• Sold Properties: 18 homes (+20.00% from July 2024)
• Year-to-Date Sold Properties: 83 homes (-6.74% from 2024)
• Average Asking Price: $390,000 (+19.06% from July 2024)
• Year-to-Date Average Asking Price: $404,000 (+1.94% from 2024)
• New Listings: 23 homes (+91.67% from July 2024)
• Year-to-Date New Listings: 102 homes (+5.15% from 2024)
• Days on Market: 19 days (-17.39% from July 2024)
• Year-to-Date Days on Market: 31 days (-24.39% from 2024)
• Average Sale Price: $371,000 (-3.18% from July 2024)
• Year-to-Date Average Sale Price: $390,000 (-3.20% from 2024)
• Average Ask-to-Sell Ratio: 1.000 (-0.70% from July 2024)

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Devon New  MLS® Listings

New Listings: Inventory Surges

July saw 23 new listings, a 91.67% increase compared to July 2024. This is one of the largest jumps we’ve seen in Devon’s recent monthly history. Year-to-date, 102 new listings have come to market, which is 5.15% higher than in 2024.

For buyers, this is great news — more inventory means more choice and less competition for each property. For sellers, it’s a reminder that pricing competitively and presenting your home well is essential in a market with more options.

Average List Price

In July 2025, the average asking price in Devon reached $390,000, marking a 19.06% increase compared to July 2024. This significant rise signals growing seller confidence and a belief that the market can sustain higher property values during the peak summer season. Year-to-date, the average asking price sits at $404,000, which is 1.94% higher than the same period last year. While this YTD increase is more modest, it still demonstrates steady value growth, suggesting that Devon remains a competitive market where quality homes are able to command strong prices.

Devon Home Sales

Sales Activity: Stronger Summer Demand

In July 2025, 18 homes were sold in Devon, representing a 20% increase from July 2024. This is a welcome boost in sales volume after a slower start to the year. While year-to-date totals still show an overall 6.74% decrease in sales compared to 2024, this jump in July suggests that the market is gaining momentum as we move through the busy summer season.

Summer is traditionally one of the most active times for real estate, as families look to move before the school year begins and the warmer weather makes buying and selling more convenient. This uptick is a sign that Devon remains competitive and in demand.

Average Sale Price

Average Sale Price: A Small Adjustment

While asking prices are up, the average sale price in July 2025 was $371,000, representing a 3.18% decrease from July 2024. Year-to-date, the average sale price is $390,000, down 3.20% from last year.

This small adjustment shows that while sellers are listing higher, buyers are still negotiating to reach fair market values. This balance can be healthy for the market, ensuring that neither side dominates negotiations.

Ask-to-Sell Ratio: Balanced Negotiations

Devon’s average ask-to-sell ratio in July 2025 was 1.000, meaning homes sold for exactly the asking price on average. While this is a slight 0.70% drop from July 2024, it still indicates a balanced market where buyers and sellers are meeting at fair values.

Year-to-date, the ratio sits at 1.003, slightly favouring sellers.

Average Days on Market

Days on Market: Homes Selling Faster

The average days on market in July 2025 dropped to 19 days, which is 17.39% faster than July 2024. Year-to-date, properties are selling in an average of 31 days, a 24.39% improvement compared to last year.

This shows that well-priced, well-presented homes are moving quickly. Even with more listings available, demand is strong enough to keep the selling timeline short.

Devon YTD Comparison – 2025 vs 2024

What This Means for Buyers

For buyers, July’s market offers both opportunity and urgency:

• More Inventory: The jump in new listings means more options and less chance of bidding wars.
• Still Competitive: Homes are selling faster, so buyers need to act decisively when they find the right property.
• Room for Negotiation: While sellers are confident, sale prices are slightly below asking prices, creating space for fair negotiations.

What This Means for Sellers

For sellers, July is a favourable month to list:

• Strong Activity: Sales are up 20% compared to last year, showing active demand.
• Quick Turnaround: Homes are selling in under three weeks on average.
• Price Carefully: While asking prices are up, sale prices have adjusted slightly, so strategic pricing remains essential.

Why Devon Remains a Top Choice

Even with some market fluctuations, Devon continues to shine as a desirable place to live. Its appeal comes from:

• Proximity to Edmonton: Quick commutes to the city and the airport.
• Beautiful Scenery: River valley trails, parks, and green spaces.
• Community Feel: Friendly neighbourhoods, local events, and a safe environment.
• Housing Variety: From starter homes to spacious family properties.

Looking Ahead

If the July momentum continues, Devon could see a strong finish to the summer market, with more sales activity and steady pricing. Buyers should remain ready to move quickly, and sellers should take advantage of the heightened seasonal demand.

Contact Information:
For personalized advice on buying or selling in Devon, contact Chris Reid, REALTOR® with Century 21 Leading, at (780) 717-5267.

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

Edmonton Condo Real Estate Market July 2025

The Edmonton condo market in July 2025 is revealing interesting shifts that both buyers and sellers should pay close attention to. While prices remain stable to slightly higher and new listings continue to rise, sales activity has slowed compared to last year. These mixed signals create a market that offers opportunities — but also requires strategic thinking.

This update will walk you through July’s sales statistics, pricing trends, listing activity, and what these numbers mean for anyone considering buying or selling a condo in Edmonton right now.

July 2025 Condo Market Highlights

According to the latest market data, here’s where things stand for Edmonton condos in July 2025:

• Sold Properties: 413 condos sold in July 2025, down 7.61% compared to July 2024.
• Year-to-Date Sales: 2,444 condos sold so far in 2025, down 5.31% from the same period last year.
• Average Asking Price: $239,000 – up 8.39% from July 2024.
• New Listings: 710 new condos listed in July 2025, a 9.91% increase over last year.
• Days on Market: 66 days on average – up 10.00% compared to July 2024.
• Average Sale Price: $203,000 – up 1.08% from July 2024.
• Average Ask-to-Sell Ratio: 0.966 – down slightly by 0.56% from last year.

Bar Graphs Below Are Interactive

Edmonton Condo New MLS® Listings

New Listings Surge Nearly 10%

In July 2025, there were 710 new condo listings, an increase of 9.91% compared to July 2024. Year-to-date, new listings are also up 5.07%.

This rise in inventory gives buyers more choice but also means sellers face more competition. With more units available, buyers can take their time to compare features, amenities, and pricing.