If you are considering buying or selling a detached single family home in Edmonton, it’s important to stay up-to-date on the latest market trends and statistics. The first quarter of 2023 has brought some changes to the market, with decreases in new listings, sales, and total volume of sales, as well as an increase in the average days on market. However, the average list price has increased slightly.
New Listings: In the first quarter of 2022, there were 3,641 new listings for detached single family homes in Edmonton. However, in the first quarter of 2023, this number has decreased by 11.97% to 3,205 new listings. This means that there are fewer homes available on the market, which may lead to more competition among buyers.
Average List Price: Despite the decrease in new listings, the average list price for detached single family homes in Edmonton has increased slightly. In the first quarter of 2022, the average list price was $554K, and in the first quarter of 2023, it has increased by 2.21% to $566K. This indicates that the market is still strong, and that sellers may be able to ask for higher prices.
Total Cost of Inventory: The total cost of inventory for detached single family homes in Edmonton has decreased by 10.03% from the first quarter of 2022 to the first quarter of 2023. In the first quarter of 2022, the total cost of inventory was $2.02B, while in the first quarter of 2023, it has decreased to $1.82B. This means that there is less money tied up in inventory, which may be a good sign for sellers.
Total Number of Sales: The total number of sales for detached single family homes in Edmonton has decreased by 47.37% from the first quarter of 2022 to the first quarter of 2023. In the first quarter of 2022, there were 2,873 sales, while in the first quarter of 2023, there were only 1,512 sales. This indicates that the market has slowed down, and that buyers may have more negotiating power.
Average Sale Price: The average sale price for detached single family homes in Edmonton has also decreased slightly. In the first quarter of 2022, the average sale price was $495K, and in the first quarter of 2023, it has decreased by 6.69% to $461K. This may be due to the decrease in sales and the increase in days on market.
Average Asking to Selling Ratio: The average asking to selling ratio for detached single family homes in Edmonton has decreased by 2.52% from the first quarter of 2022 to the first quarter of 2023. In the first quarter of 2022, the average asking to selling ratio was 0.997, while in the first quarter of 2023, it has decreased to 0.972. This indicates that sellers may be accepting lower offers than they were in the past.
Average Days on Market: The average days on market for detached single family homes in Edmonton has increased significantly. In the first quarter of 2022, the average days on market was 56, while in the first quarter of 2023, it has increased by 62.50% to 91 days. This means that homes are taking longer to sell.
Total Volume of Sales: Finally, the total volume of sales for detached single family homes in Edmonton has decreased by 50.89% from the first quarter at $1.42B in 2022.
The Leduc real estate market continues to evolve as we head into the summer of 2025. The latest market update for June reveals some interesting patterns that are shaping buying and selling behaviours in this thriving Alberta community. If you’re thinking about moving to Leduc, selling your current home, or investing in the local market, now is the time to pay close attention.
With sold properties slightly down but prices steadily increasing, Leduc is presenting a complex yet promising landscape. In this blog, we’ll break down what’s happening in Leduc real estate, what it means for buyers and sellers, and what you should expect moving forward.
📌 June 2025 Market Comparison
In June 2025, the average list price in Leduc rose to $458,330, up from $431,213 in June 2024, representing a 6.29% year-over-year increase. The average sold price also climbed to $454,339, an increase from $428,715 the previous year—marking a 5.97% gain. While prices are on the rise, the total number of sales declined from 91 in June 2024 to 78 in June 2025, a 14.29% drop in transaction volume. Additionally, the average days on market increased slightly from 24 to 28 days, suggesting that although buyers are still active, they are taking a bit more time to make purchase decisions in this appreciating market.
June
2024
2025
Difference
%
Average List Price
$431,213
$458,330
$27,117
6.3%
Sales
91
78
-13
-14.3%
Average Sold Price
$428,715
$454,339
$25,624
6.0%
Days on Market
24
28
4
16.7%
Detached Homes
YTD 2024
YTD 2025
Difference
%
Sales
335
296
-39
-11.6%
Average Sold Price
$ 465,976
$ 506,386
$40,410
8.7%
Duplex Homes
YTD 2024
YTD 2025
Difference
%
Sales
60
59
-1
-1.7%
Average Sold Price
$ 371,894
$ 428,541
$56,647
15.2%
Townhouse
YTD 2024
YTD 2025
Difference
%
Sales
56
50
-6
-10.7%
Average Sold Price
$ 280,667
$ 317,236
$36,569
13.0%
Apartment Style Condo
YTD 2024
YTD 2025
Difference
%
Sales
23
26
3
13.0%
Average Sale Price
$ 186,404
$ 198,550
$12,146
6.5%
Interactive bar graphs
Leduc New MLS® Listings
Average List Price
Leduc Home Sales
Average Sale Price
Average Days on Market
This suggests that, despite some seasonal or price-driven delays, homes in Leduc are still selling at a healthy pace overall.
🌟 What This Means for Buyers
If you’re looking to buy in Leduc, here’s what to keep in mind:
More Inventory, More Choice: The increase in listings gives buyers better selection.
Competitive Pricing: Be prepared to pay close to list price, especially for homes in popular neighbourhoods.
Act Strategically: Homes are taking a bit longer to sell, which gives buyers a little more breathing room. Still, waiting too long on a desirable property can result in losing out.
Mortgage Considerations: With interest rates still a significant factor, securing financing before making offers is essential.
Working with a local REALTOR® like Chris, who understands the Leduc market, can give you the edge you need to find the right home and negotiate successfully.
🏠 What This Means for Sellers
For those considering selling in Leduc this summer, the market is still in your favour-if you approach it correctly:
Price Competitively: Even though average prices are climbing, overpricing your home could result in longer days on market.
Prepare for a Quick Sale: With most homes selling in just over a month, you’ll want to have your next steps ready.
Stand Out: With inventory increasing, homes that are clean, staged, and professionally marketed will attract the most attention.
Chris can guide you through the selling process and help you develop a pricing and marketing strategy that maximizes your results.
🏡 Why Leduc Remains a Popular Choice
Leduc continues to attract buyers from Edmonton and beyond thanks to several key factors:
Affordable Housing: Despite rising prices, Leduc remains more affordable than many areas within Edmonton proper.
Convenient Location: With easy access to the QE2 Highway and Edmonton International Airport, Leduc is ideal for commuters and frequent travellers.
Community Amenities: Great schools, parks, shopping centres, and recreational facilities like the Leduc Recreation Centre make this a top choice for families.
Ongoing Development: New neighbourhoods and infrastructure improvements continue to fuel interest and growth in Leduc’s real estate market.
🔮 Looking Ahead: What’s Next for Leduc Real Estate?
Based on current trends, here’s what we can expect over the coming months:
Sustained Price Growth: Sale prices are likely to remain strong, especially for well-maintained and competitively priced homes.
Seasonal Inventory Increases: As we move deeper into summer, we may see more listings, giving buyers more options.
Balanced Market Conditions: While sellers still have the advantage, the rising inventory and slightly longer days on market could signal a gradual shift towards a more balanced environment.
Increased Focus on Affordability: With prices continuing to climb, some buyers may shift their attention to entry-level homes, townhouses, and duplexes.
🎯 Key Takeaways for June 2025
Fewer Sales, But Higher Prices: Sales volume is down, but prices continue to rise significantly.
More Homes to Choose From: Buyers now have more inventory to browse, reducing pressure in some segments.
Speed is Slowing: Homes are taking longer to sell, but they’re still moving within a reasonable timeframe.
Seller Success Remains Strong: Homes are selling very close to asking price, signalling ongoing demand.
📞 Ready to Buy or Sell in Leduc? Contact Chris Today!
Whether you’re buying your first home, upgrading to your dream property, or preparing to sell, Chris Reid is here to help you navigate the Leduc real estate market with confidence.
Chris’s local expertise, market knowledge, and personalized service will help you make informed decisions every step of the way.
📧 creid@chrisreidedmonton.com 📞 (780) 717-5267
Get in touch today for a no-pressure conversation about your real estate goals.
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 Leduc real estate market contact Chris Reid
As we approach mid-2025, the Edmonton condo market is showing several notable shifts that could impact buyers, sellers, and investors alike. Understanding these trends is crucial for anyone looking to enter Edmonton’s real estate scene. Whether you are a first-time condo buyer, an investor looking to expand your portfolio, or a seller looking to list your property, this market update provides the insights you need to make informed decisions.
Interactive bar graphs
Edmonton Condo New Listings
New Condo Listings: More Options for Buyers
In June 2025, 694 new condo listings hit the Edmonton market, a 9.46% increase compared to the same month last year. This increase in new listings is a positive development for buyers who may have struggled with low inventory earlier in the year.
Year-to-date, 3,719 condos have been listed in 2025, a 4.09% increase from 2024. This growth in inventory helps balance the market and offers buyers more choice across a range of condo types and price points.
For Buyers:
More listings mean more opportunities to find the perfect condo. With increased selection, buyers can afford to be a little more selective and may have room to negotiate on price or terms, especially if competition softens in some segments.
For Sellers:
While more inventory can create additional competition, condos that are well-presented and accurately priced will still attract plenty of interest. Sellers should focus on proper staging, competitive pricing, and strong marketing to stand out in a growing market.
Average List Price Condo
In June 2025, the average asking price for condos in Edmonton reached $239,000, marking a 4.47% increase compared to June 2024. This steady rise in asking prices reflects sellers’ growing confidence in the market and suggests that condos are holding strong value amid ongoing demand. Year-to-date, the average asking price sits at $238,000, a slight but positive 0.52% increase from 2024, indicating that prices have remained stable throughout the year. Sellers are clearly aiming to capitalize on current market conditions by listing at competitive prices, while buyers should be prepared for this upward pricing trend as they navigate the condo market. Properly priced condos are generating solid interest, and this is contributing to continued sales activity across the city.
Condo Sales Edmonton
Condo Sales Rebound in June 2025
One of the most notable highlights this month is the 4.59% increase in monthly condo sales. With 410 condos sold in June 2025, the Edmonton condo market is showing signs of resilience after some year-to-date softness.
Although overall sales year-to-date (YTD) have seen a 4.83% decrease compared to 2024, the uptick in June sales suggests the market may be stabilizing heading into the summer months. This is good news for sellers who may have been concerned about slowing sales volumes earlier in the year.
For buyers, this growth in sales means more competition for available properties. It’s a signal that demand for Edmonton condos remains healthy despite fluctuations in other areas of the real estate market.
Average Sale Price Edmonton Condos
Price trends in the Edmonton condo market continue to show positive momentum. In June 2025, the average sale price for a condo was $212,000, which represents a 2.15% increase compared to June 2024.
When looking at the year-to-date picture, the average sale price sits at $211,000, reflecting an 8.18% increase over the same period last year. This sustained growth indicates that Edmonton condos are appreciating steadily, making them an appealing option for both first-time homebuyers and real estate investors.
Ask to Sell Ratio: Slight Dip, but Still Strong
The average ask-to-sell ratio in June 2025 was 0.970, a minor decline of 0.25% from June 2024. This means that, on average, condos are selling for about 97% of their asking price.
This ratio is still strong and indicates that sellers are generally achieving close to their list prices, especially if properties are accurately priced from the beginning.
Key Takeaway:
Sellers can feel confident that listing near market value will likely result in offers close to asking.
Buyers should be aware that lowball offers may not be as successful in this balanced but competitive condo environment.
Average Days on Market
How Quickly Are Condos Selling?
The average days on market for condos in Edmonton was 61 days in June 2025, which is a slight increase of 1.67% compared to June 2024.
Year-to-date, condos are selling in an average of 67 days, down from 73 days in 2024. This reduction indicates that condos are generally moving faster in 2025 compared to last year.
Why This Matters:
Buyers should be prepared to act decisively, especially in competitive neighbourhoods where well-priced condos can sell quickly.
Sellers can feel optimistic that their properties are not likely to sit on the market for extended periods, provided they are priced appropriately.
The Bigger Picture: Year-To-Date Trends
So far in 2025, the Edmonton condo market has seen:
A 4.83% decrease in total condo sales year-to-date, with 2,031 condos sold compared to 2,134 at this point in 2024.
A modest 0.52% increase in the year-to-date average asking price, now sitting at $238,000.
An 8.18% year-to-date increase in the average sale price.
A 4.09% increase in new condo listings compared to last year.
These statistics show that while sales volumes have slightly dipped compared to 2024, prices are still rising, and the number of listings is growing. This points to a market that is balancing itself after some highs and lows over the past year.
What’s Driving the Edmonton Condo Market in 2025?
Several factors are influencing condo sales in Edmonton this year:
Affordability Pressure in Other Markets
As single-family home prices in Edmonton continue to rise, more buyers are turning to condos as an affordable alternative, which is keeping condo demand stable.
Increased Inventory
More new condo listings are providing buyers with additional options, helping to keep the market balanced.
Appeal to First-Time Buyers and Investors
Condos remain popular among first-time buyers due to their lower entry price and among investors seeking rental income opportunities in Edmonton’s growing economy.
Strong Rental Market
Edmonton’s condo market benefits from a healthy rental sector, which makes condos an attractive option for investors looking to capitalize on rental demand.
Neighbourhoods to Watch in Edmonton’s Condo Market
While the overall condo market is showing growth, some neighbourhoods are particularly appealing for condo buyers and investors in June 2025:
Downtown Edmonton: Continues to be a hotspot for young professionals and investors looking for rental opportunities close to work and entertainment.
Westmount: Known for its walkability and mix of older and newer condos, Westmount remains highly desirable.
South Terwillegar & Windermere: These areas offer modern condos with excellent access to new amenities, shopping centres, and transportation.
Clareview & North Edmonton: Affordable condo options in these areas attract both first-time buyers and renters.
Each neighbourhood offers different advantages, and working with a local real estate expert can help buyers find the best fit for their needs and budget.
Tips for Buyers in Edmonton’s Condo Market – June 2025
If you’re planning to buy a condo in Edmonton this summer, here are some practical tips:
Act Quickly: Condos are selling faster than in previous years. If you see a property that fits your needs, don’t wait too long to make a move.
Get Pre-Approved: With competitive pricing and multiple buyers in the market, getting your financing in place will give you an edge.
Consider Location: Think about proximity to work, transit, and amenities. Location remains one of the most critical factors in long-term value.
Work with a REALTOR®: A knowledgeable local agent can help you identify good deals and navigate the competitive landscape.
Tips for Sellers in Edmonton’s Condo Market – June 2025
If you’re thinking about selling your Edmonton condo, here’s how you can position yourself for success:
Price It Right: Condos are selling near asking price, but pricing too high can result in your property sitting on the market.
Stage Your Condo: Well-staged condos sell faster and attract higher offers.
Professional Marketing: High-quality photos, virtual tours, and broad online exposure are essential to attract buyers in a competitive space.
The Edmonton condo market in June 2025 is showing signs of steady growth and increasing activity. With rising sales, growing inventory, and healthy price appreciation, it’s a promising time for both buyers and sellers to engage in the market.
If you’re looking to buy or sell a condo in Edmonton, I would love to help you navigate the process with expert advice and personalized service.
📞 Call Chris at (780) 717-5267
📧 Email: creid@chrisreidedmonton.com
Let’s connect and make your next condo move a success!
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 Edmonton condo market contact Chris Reid
As we move into the heart of summer, the Fort Saskatchewan real estate market continues to reveal interesting trends. June 2025 has brought a surge in activity, with more homes being listed and sold compared to the same time last year. However, there are also notable adjustments in pricing that both buyers and sellers should pay close attention to. Whether you're looking to buy, sell, or invest in Fort Saskatchewan, understanding these market dynamics is essential.
In this comprehensive June 2025 Fort Saskatchewan market update, I’ll break down all the key statistics and provide insights into what these trends mean for your real estate decisions.
📊 Fort Saskatchewan Market Snapshot – June 2025
Here’s a quick overview of the Fort Saskatchewan real estate data for June 2025:
Sold Properties: 75 homes sold (+22.95% compared to June 2024)
Year-to-Date (YTD) Sales: 419 homes sold (-1.64% compared to YTD June 2024)
Average Asking Price: $500,000 (-0.81% from June 2024)
YTD Average Asking Price: $457,000 (-7.43% from YTD June 2024)
New Listings: 100 homes (+31.58% compared to June 2024)
YTD New Listings: 547 homes (+4.79% from YTD June 2024)
Days on Market (DOM): 41 days (-28.07% from June 2024)
YTD DOM: 45 days (-32.84% from YTD June 2024)
Average Sale Price: $440,000 (-6.77% from June 2024)
YTD Average Sale Price: $419,000 (-3.03% from YTD June 2024)
Average Ask-to-Sell Ratio: 0.995 (-0.42% compared to June 2024)
Bar Graphs Below Are Interactive
Fort Saskatchewan New MLS® Listings
🏠 New Listings on the Rise
June 2025 saw a significant increase in new listings, with 100 new homes hitting the market — a 31.58% increase over June 2024. Year-to-date, there have been 547 new listings, up 4.79% from the same period last year.
This increase in inventory is excellent news for buyers. More listings mean more options, more variety in housing types, and potentially less competition per home.
For sellers, however, this rising inventory signals that pricing strategy and home presentation are more important than ever. In a market with more choice, homes that are not priced competitively or don’t show well may sit longer or sell for less.
Fort Saskatchewan Average List Price
💵 Average Asking Price: A Reflection of Shifting Seller Expectations
In June 2025, the average asking price in Fort Saskatchewan was $500,000, showing a slight decrease of 0.81%compared to June 2024. Year-to-date, the average asking price has dropped more significantly by 7.43%, settling at $457,000 compared to last year's $494,000. This trend highlights that sellers are becoming more realistic and are adjusting their expectations to align with the current market conditions. With buyers having more choices and increased price sensitivity, homes that are competitively priced are getting quicker attention and stronger offers. This adjustment in asking prices is contributing to the market’s balanced pace, where accurately priced homes can sell efficiently, often very close to list price. For sellers, this is a signal that the days of aggressive overpricing may be behind us—correct pricing from day one is now the key to a successful sale.
Fort Saskatchewan Home Sales
📈 Home Sales Surge in June 2025
Fort Saskatchewan's real estate market experienced a strong boost in sales volume in June 2025. With 75 homes sold, this represents a 22.95% increase compared to June 2024. This level of activity suggests that despite price adjustments, demand remains solid. Whether driven by improving buyer confidence, more competitive pricing, or the seasonal market push, this jump in sales is significant.
However, when we look at the year-to-date (YTD) sales, the total number of homes sold in 2025 is 419, which is slightly lower (-1.64%) than the same period in 2024. This indicates that while the market gained momentum in June, overall sales have still not fully recovered to last year’s pace.
Fort Saskatchewan Average Home Sale Price
The average sale price in Fort Saskatchewan dropped to $440,000 in June 2025, a 6.77% decrease compared to June 2024. Year-to-date, the average sale price is $419,000, down 3.03% from last year.
While this decline could be concerning for some homeowners, it actually presents great opportunities for buyers. With prices becoming more accessible, buyers who may have been priced out of the market in the past now have a better chance of securing a home.
📊 Ask-to-Sell Ratio: Pricing Precision Is Key
The ask-to-sell ratio in June 2025 is 0.995, meaning homes are selling very close to their asking price. This is a slight decrease of 0.42% compared to last year, indicating that while there is a little more room for negotiation, buyers are generally paying near list price.
This underscores the importance of accurate pricing. Homes that are initially overpriced may struggle, but those that enter the market correctly are receiving serious offers.
Average Days on Market
⏳ Homes Are Selling Faster
One of the most notable changes in the June 2025 market is the significant drop in days on market (DOM). On average, homes in Fort Saskatchewan are now selling in 41 days, a 28.07% decrease from the 57 days it took to sell homes in June 2024. Year-to-date, homes are selling in an average of 45 days, down from 67 days last year — a 32.84% improvement.
This signals a more active and efficient market. Buyers are moving faster, and homes that are priced right and properly marketed are not lingering.
🔍 Buyer and Seller Insights for June 2025
For Buyers:
More Inventory: With new listings up significantly, buyers now have more options to choose from.
Affordability Improving: Average sale prices have decreased, opening the door for buyers who were previously priced out.
Act Quickly: Homes are selling faster, so it’s critical to have mortgage pre-approvals ready and be prepared to make timely offers.
Less Bidding Pressure: The slight drop in the ask-to-sell ratio suggests buyers have more negotiating room than they did during previous high-pressure markets.
For Sellers:
High Demand: Homes are selling faster, and many are moving within weeks if priced properly.
More Competition: With more listings on the market, sellers must focus on competitive pricing and home staging to stand out.
Close-to-List Sales: Sellers are generally achieving near-asking-price offers, but initial pricing needs to reflect current market realities.
Opportunity in Timing: June is typically one of the most active months for real estate, making it a good time to list if you’re considering selling.
🏡 Why Fort Saskatchewan Continues to Attract Buyers
Fort Saskatchewan’s charm goes beyond market numbers. Homebuyers are increasingly drawn to this community because of:
Family-Friendly Neighbourhoods: Parks, green spaces, excellent schools, and community centres make Fort Saskatchewan ideal for young families.
Proximity to Edmonton: A manageable commute allows residents to access city jobs while enjoying a quieter suburban lifestyle.
Affordable Living: Compared to many surrounding communities and Edmonton itself, Fort Saskatchewan offers better affordability with similar amenities.
Strong Local Economy: Anchored by industries like petrochemicals and manufacturing, Fort Saskatchewan remains a stable and growing city.
🔮 Looking Ahead: What’s Next for Fort Saskatchewan’s Market?
As we move through the rest of the summer, a few trends are likely to continue:
Steady Listing Volume: With more homes coming to market, buyers should continue to have strong selection throughout the season.
Continued Price Stabilization: Sale prices may continue to see modest declines or flatten, providing sustained affordability.
Fast Sales: The current momentum suggests homes will continue selling quickly, particularly those that are well-located and properly priced.
Balanced Market: The Fort Saskatchewan real estate market is moving toward a more balanced state, where neither buyers nor sellers have a distinct upper hand.
📞 Let’s Talk: Your Fort Saskatchewan Real Estate Partner
Whether you’re buying, selling, or just exploring your options, now is an excellent time to get personalized, professional advice.
As a local expert, I can help you:
Determine your home's true market value.
Create a strategic marketing plan to sell quickly and for top dollar.
Find the right home that fits your budget and lifestyle.
Understand your financing options and navigate the process with confidence.
Contact me today to discuss your next steps in the Fort Saskatchewan real estate market.
📞 Chris Reid | REALTOR®
📱 (780) 717-5267
📧 creid@chrisreidedmonton.com
🔗 Final Thoughts
June 2025 has proven to be an exciting and active month for the Fort Saskatchewan real estate market. With increased sales, faster transactions, and more listings hitting the market, it’s clear that both buyers and sellers are highly engaged.
If you’re considering entering the market this summer, don’t wait. Reach out today to ensure you’re getting the most up-to-date information and the expert guidance you need to succeed in this evolving market.
I’m here to help you navigate every step of your real estate journey in Fort Saskatchewan.
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.
Are you considering buying or selling or just interested in more information on the real estate market in Fort Saskatchewan? CONTACT ME HERE
The St. Albert real estate market continues to show resilience, adaptability, and signs of sustained growth as we reach the halfway point of 2025. Known for its lush green spaces, excellent schools, and family-friendly atmosphere, St. Albert has long been a highly sought-after community. As the summer market gains momentum, both buyers and sellers are watching closely to understand how pricing, sales activity, and inventory trends are shifting.
June’s market update brings important insights into what is happening in St. Albert real estate right now. Whether you are planning to buy, sell, or simply stay informed, this in-depth report will guide you through the key statistics and what they mean for you.
Bar Graphs Below Are Interactive
St. Albert New Listing Count
229 new listings in June 2025
18.04% increase from June 2024
Year-to-date: 1,150 new listings (up 8.39% from last year)
Average List Price
$601,000 average asking price in June 2025
10.12% increase from June 2024
Year-to-date: $573,000, up 6.50%
St. Albert Home Sales
164 homes sold in June 2025
9.89% decrease from June 2024
Year-to-date: 800 homes sold (up 2.30% compared to 2024)
Average Sale Price of Homes
$554,000 average sale price in June 2025
11.03% increase from June 2024
Year-to-date: $538,000, up 7.45%
Ask to Sell Ratio
1.000 ask-to-sell ratio for June 2025
Slight 0.50% decrease from June 2024
Year-to-date ratio: 1.004, up 0.70%
Days on MLS®
36 days on market in June 2025
10% faster than June 2024
Year-to-date average: 40 days, down 25.93%
📈 What These Numbers Tell UsThe June 2025 market update reveals several key trends:
Strong Price Growth: Both asking and sale prices continue to rise year-over-year, reflecting strong demand and seller confidence.
New Listings Increasing: More inventory is coming onto the market, which is providing much-needed options for buyers.
Sales Volume Down Monthly but Up Year-to-Date: While June sales were lower than the same month last year, overall year-to-date sales are still up.
Homes Selling Faster: Properties are moving quickly, with days on market decreasing substantially from last year.
Ask-to-Sell Ratio Holding Steady: Homes are selling very close to asking price, indicating a balanced but still competitive market.
🔍 Detailed Market Analysis
🏡 Sold Properties: Understanding the Dip in Monthly Sales
In June 2025, 164 homes sold, which is a 9.89% decrease compared to June 2024. However, the year-to-date sales remain positive, with an increase of 2.30% compared to last year.
This slight dip in monthly sales could be attributed to:
Buyer fatigue as prices continue to rise
Increased competition leading some buyers to wait
More inventory entering the market giving buyers time to shop
Despite this, the St. Albert market remains active and strong overall. The year-to-date sales growth shows that the demand for homes in this community is steady.
🏷️ Average Sale Price: Homes Selling for More
The average sale price in June 2025 was $554,000, representing an 11.03% increase from June 2024.
The year-to-date sale price sits at $538,000, a 7.45% increase compared to 2024.
This consistent price growth reflects:
Continued demand for homes in St. Albert
Strong buyer competition
Increased value perception of the community
Buyers looking in St. Albert should be aware that home prices are trending upwards and are unlikely to drop in the near term.
🏡 Average Asking Price: Seller Confidence Is High
The average asking price for June 2025 was $601,000, which is 10.12% higher than the previous year.
This tells us that sellers are confident in listing higher—a trend that is often seen in competitive markets with sustained demand.
The year-to-date average asking price is $573,000, up 6.50% from 2024. Sellers appear to be successfully achieving close to their asking prices, as reflected in the current ask-to-sell ratio of 1.000.
📅 Days on Market: Fast-Moving Market Continues
Homes in St. Albert sold in an average of 36 days in June 2025, which is 10% faster than June 2024.
The year-to-date average is now 40 days, showing a 25.93% decrease from the 54-day average in 2024.
Faster sales benefit sellers and signal to buyers that:
Quick decisions are essential.
Desirable homes won’t last long.
Buyers should come to showings prepared to write strong offers and move quickly to avoid missing out.
📈 Ask-to-Sell Ratio: Balanced and Competitive
The ask-to-sell ratio for June 2025 is 1.000, meaning homes are selling at or very close to asking price.
The year-to-date ratio sits at 1.004, up from 0.997 in 2024.
While this is a slight decrease from previous months where homes sold above asking, it still shows a competitive but slightly more balanced market.
🌟 Why St. Albert Continues to Attract Buyers
Several factors contribute to St. Albert’s ongoing popularity:
1. Exceptional Schools and Community Amenities
St. Albert is consistently ranked among the best cities in Alberta for families, thanks to:
Top-rated schools
Extensive park systems
Vibrant community centres
Family-oriented neighbourhoods
2. Proximity to Edmonton
Being just a short drive from Edmonton, St. Albert is ideal for commuters who want a suburban lifestyle while still enjoying easy city access.
3. Desirable Neighbourhoods
Neighbourhoods like Jensen Lakes, Erin Ridge, Oakmont, and North Ridge continue to see high demand, thanks to modern homes, walking trails, and proximity to shopping and schools.
4. Quality of Life
With a low crime rate, beautiful green spaces, and a strong sense of community, St. Albert consistently offers an excellent quality of life.
🛑 Seller’s Advice: How to Maximize Your Sale in June’s Market
If you are considering selling your home in St. Albert, now is a great time to list.
Here are some key tips to sell quickly and for top dollar:
✅ 1. Price Strategically
Although the market is strong, overpricing can lead to your home sitting longer. Work with your REALTOR® to price your home based on recent comparables.
✅ 2. Stage Your Home
First impressions matter. Staging your home, decluttering, and investing in professional photography will attract more buyers and better offers.
✅ 3. Leverage High Demand
With new listings increasing, it’s crucial to stand out. Sellers can leverage the demand and fast-moving market to negotiate favourable terms.
🛒 Buyer’s Advice: How to Navigate Today’s Market
For buyers, the St. Albert market remains competitive. Here’s how to succeed:
✅ 1. Get Pre-Approved
Knowing your budget gives you a competitive edge. Pre-approval ensures you’re ready to act quickly when you find the right home.
✅ 2. Move Fast
Homes are selling quickly. If you see something you like, don’t wait. Schedule showings promptly and come prepared to make an offer.
✅ 3. Consider a Strong Offer
Given the high ask-to-sell ratios, consider writing competitive offers, including flexible closing dates and strong deposit terms.
📊 Year-to-Date Market Summary (January to June 2025)
Metric
YTD 2025
YTD 2024
% Change
Homes Sold
800
782
+2.30%
Avg. Sale Price
$538K
$500K
+7.45%
Avg. Asking Price
$573K
$538K
+6.50%
Days on Market
40 days
54 days
-25.93%
New Listings
1,150
1,061
+8.39%
Ask-to-Sell Ratio
1.004
0.997
+0.70%
These figures confirm that St. Albert’s real estate market is still on a steady growth trajectory.
🔮 What to Expect for the Rest of 2025
Looking ahead, we can expect:
Continued steady price growth, though possibly at a more moderate pace
Increased buyer activity over the summer months
Tight inventory conditions in desirable neighbourhoods
If mortgage rates remain stable, the second half of 2025 will likely continue to favour sellers, but buyers will still find excellent long-term value in this growing community.
📞 Let’s Connect
If you’re thinking about buying or selling in St. Albert, having a local expert on your side is key.
Contact Christina Reid, REALTOR® with Century 21 Leading for personalized advice:
📞 (780) 717-5267
📧 creid@chrisreidedmonton.com
Whether you’re ready to list your home or are just beginning your search, I can help you navigate the fast-moving St. Albert market with confidence.
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
Parkland County Acreage Market Overview: June 2025
The Parkland County acreage real estate market continues to show strong activity as we reach the halfway point of 2025. June brought an exciting mix of growing sales, new inventory, and shifting price trends that both buyers and sellers should carefully watch. Whether you’re considering purchasing an acreage, selling your rural property, or simply keeping a pulse on the market, understanding these latest trends is essential.
In this comprehensive blog, we’ll dive into the June 2025 Parkland County acreage statistics, analyze what they mean for you, and offer practical advice to navigate the current market conditions successfully.
If you’re thinking about making a move, feel free to reach out to Christina Reid at (780) 717-5267—I’d be happy to help you buy or sell your acreage in Parkland County.
📊 Parkland County Acreage Market at a Glance – June 2025
Here’s a snapshot of the key market indicators from the latest local update:
Sold Properties (Monthly): 77 (↑ 16.67% year-over-year)
Sold Properties (YTD): 330 (↑ 4.76% year-over-year)
Average Asking Price (Monthly): $697K (↑ 4.31% year-over-year)
Average Asking Price (YTD): $807K (↑ 16.24% year-over-year)
New Listings (Monthly): 109 (↑ 13.54% year-over-year)
New Listings (YTD): 608 (↑ 2.70% year-over-year)
Average Days on Market (Monthly): 86 days (↓ 16.50% year-over-year)
Average Days on Market (YTD): 110 days (↓ 9.09% year-over-year)
Average Sale Price (Monthly): $545K (↓ 3.35% year-over-year)
Average Sale Price (YTD): $622K (↑ 3.22% year-over-year)
Average Ask to Sell Ratio (Monthly): 0.975 (↓ 0.44% year-over-year)
Below Graphs Are Interactive
Parkland County Acreage Listings
🏘️ New Listings: More Inventory Hits the Market
June 2025 brought 109 new listings, a 13.54% increase compared to the same month last year. Year-to-date, 608 properties have hit the market, showing a 2.70% increase over 2024.
What This Means:
Increased inventory gives buyers more choice.
Sellers will need to ensure their property stands out with competitive pricing, great marketing, and strong curb appeal.
For buyers, this is great news—it’s a good time to explore the variety of acreages available and secure a property before prices potentially climb further.
Average List Price
💰 Pricing Trends: Asking Prices Up
Average Asking Price: $697K, up 4.31% from June 2024.
Parkland County Acreage Sales
🏡 Sales Activity: Solid Growth in 2025
June 2025 saw a significant 16.67% increase in acreage sales compared to June 2024, with 77 properties sold this month. On a year-to-date basis, 330 properties have sold so far this year, marking a 4.76% increase over the same period last year.
What This Means:
The acreage market is active and growing.
Buyers are confidently entering the market despite rising asking prices.
Sellers should be encouraged by the steady sales volume and ongoing buyer demand.
If you’re planning to sell your acreage in Parkland County, this is a strong time to list your property. Buyer interest remains healthy, and with more sales closing, the opportunity for competitive offers is still high.
Parkland County Average Sale Price
Sale Prices Slightly Down
Average Sale Price: $545K, down 3.35% from June 2024.
What This Means:
Sellers are pricing properties higher, but buyers are negotiating and securing properties for less than the list price. This suggests:
Sellers remain optimistic. With inventory moving, many are testing higher asking prices.
Buyers remain savvy. They are carefully evaluating value and successfully negotiating lower sale prices.
The ask-to-sell ratio sits at 0.975, which means buyers are generally purchasing properties for about 97.5% of the asking price. This ratio has dipped slightly, giving buyers a bit more room to negotiate than earlier in the year.
Average Days on MLS®
⏳ Days on Market: Properties Selling Faster
One of the most encouraging trends is that properties are selling faster.
Average Days on Market (June): 86 days (↓ 16.50% year-over-year)
Average Days on Market (YTD): 110 days (↓ 9.09% year-over-year)
This suggests that:
Serious buyers are active and making quicker decisions.
Sellers can expect a faster turnaround when listing their properties.
Competitive properties are receiving attention sooner, likely due to good pricing and attractive features.
📈 Year-to-Date Market Stability
Looking at the year-to-date numbers gives us a well-rounded view of how the acreage market is performing in Parkland County:
Sold Properties (YTD): 330 (↑ 4.76% year-over-year)
Average Sale Price (YTD): $622K (↑ 3.22% year-over-year)
Average Asking Price (YTD): $807K (↑ 16.24% year-over-year)
These trends show that the acreage market remains fundamentally strong. Properties are holding value, asking prices are rising, and buyer interest continues to sustain the market’s momentum.
💡 What Should Sellers Do Right Now?
With acreage properties selling faster and sales increasing, now is a great time for sellers to list their properties—especially with a solid ask-to-sell ratio and steady buyer demand.
Key Seller Strategies:
Price Realistically: Although asking prices are up, the slight dip in sale prices indicates that buyers are successfully negotiating.
Prepare Your Property: Acreage buyers value well-maintained homes, usable land, outbuildings, and privacy. Highlight these features.
Work With a Local Expert: Selling acreages is unique compared to city homes. Work with an agent who knows the rural Parkland County market to help you price and market your property effectively.
💡 What Should Buyers Focus On?
For buyers, this is an active and promising time to purchase an acreage in Parkland County, but the faster market means you’ll need to move efficiently.
Key Buyer Strategies:
Get Pre-Approved: With properties selling faster, you’ll want to be ready to make a competitive offer quickly.
Know Your Budget: Average sale prices are holding steady, but some sellers may still overprice. Focus on value and don’t hesitate to negotiate.
Act Quickly: With days on market decreasing, the best properties won’t stay available for long.
🔍 Market Summary
The Parkland County acreage market in June 2025 is a healthy, fast-paced environment with:
More properties sold
Increased new listings
Faster sales timelines
Negotiable prices
The balance between seller optimism and buyer negotiation power makes this a dynamic market with opportunities on both sides.
Whether you’re buying your first acreage, moving up to a larger property, or preparing to sell your rural home, the market conditions remain in your favour—especially with the right strategy and expert guidance.
📞 Let’s Connect!
Are you ready to buy or sell in the Parkland County acreage market?
I’d love to help you navigate the next step.
📱 Call or text Christina Reid at (780) 717-5267
📧 Email: creid@chrisreidedmonton.com
Let’s work together to make your acreage goals a reality in 2025!
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 buying and selling in Parkland County CONTACT CHRIS REID
As we step into the heart of summer, the Edmonton real estate market continues to show dynamic shifts. June 2025 brings a balanced mix of growth in new listings, rising prices, and evolving buyer behaviours. While overall sales activity has softened slightly, key indicators show that Edmonton’s housing market remains healthy, competitive, and full of opportunity for both buyers and sellers.
In this detailed market update, we’ll explore the latest trends, dive into the core statistics, and offer actionable insights for anyone considering buying or selling in Edmonton right now.
Edmonton Market Snapshot – June 2025
Here’s a quick overview of the Edmonton market performance in June 2025:
Sold Properties: 2,046 (⬇ 5.70% from June 2024)
Year-to-Date Sales: 10,470 (⬇ 3.65% from YTD 2024)
Average Asking Price: $498,000 (⬆ 7.56% YoY)
Average Sale Price: $443,000 (⬆ 4.39% YoY)
New Listings: 3,790 (⬆ 10.21% YoY)
Average Days on Market: 42 days (⬇ 10.64% YoY)
Average Ask-to-Sell Ratio: 99.2% (slightly down YoY)
Below Graphs Are Interactive.
Edmonton New MLS® Listings
New Listings: More Inventory Creates More Choices
The Edmonton market welcomed 3,790 new listings in June 2025, marking a 10.21% increase compared to June 2024. Year-to-date, 18,040 homes have been listed, which is a 12.04% increase from this time last year.
This increase in inventory benefits buyers who now have a broader selection of homes across different price ranges and neighbourhoods. It’s also a positive sign that sellers are confident in the market and are motivated to list their properties.
Implications for Buyers
More selection, less pressure. With new listings increasing, buyers have more options and may find themselves in fewer multiple-offer situations.
Room for negotiation. While Edmonton remains competitive, higher inventory levels give buyers some leverage in pricing discussions.
Implications for Sellers
Strategic pricing is crucial. Sellers now face more competition. Proper pricing and strong marketing are essential to ensure a quick sale.
Preparation pays off. Homes that are well-maintained, staged, and priced correctly will continue to sell quickly.
Average List Price Edmonton Real Estate Market
On the listing side, the average asking price increased to $498,000, a 7.56% year-over-year rise. Sellers remain confident in the value of their homes, and this pricing momentum reflects Edmonton’s solid market fundamentals.
Home Sales In The Edmonton Real Estate Market
Sales Activity: A Modest Decline in Volume
In June 2025, the Edmonton housing market recorded 2,046 sold properties, a 5.70% decrease compared to June 2024. This dip is part of a broader trend observed over the past few months where sales volumes are softening slightly. The year-to-date (YTD) total sits at 10,470 homes sold, which is 3.65% lower than the same point in 2024.
While the sales numbers have declined compared to last year, the slowdown is not necessarily a negative indicator. Several factors could be contributing to this adjustment:
Buyer hesitation due to rising prices
Seasonal trends where some buyers wait until later in summer
Greater inventory leading to longer decision times
However, Edmonton continues to attract strong buyer interest, particularly from those relocating from more expensive provinces or seeking investment opportunities.
Edmonton Average Home Sale Price
The average sale price in Edmonton climbed to $443,000 in June 2025, representing a 4.39% increase compared to June 2024. The year-to-date average sale price has also risen to $436,000, showing an 8.22% gain from the same period last year.
Why Are Prices Rising?
Demand is still outpacing inventory in many neighbourhoods.
Construction costs remain high, which impacts both new builds and the resale market.
Migration to Edmonton continues as affordability compared to other major Canadian cities draws buyers to Alberta’s capital.
For buyers, this means that entering the market sooner rather than later could help secure more favourable pricing before further appreciation. For sellers, the current market remains a strong opportunity to achieve excellent value for their homes.
Ask-to-Sell Ratio: Homes Selling Close to List Price
The average ask-to-sell ratio in June 2025 was 99.2%, a slight decline from last year but still indicative of a competitive market where homes are selling very close to their asking prices.
For buyers, this means lowball offers are likely to be unsuccessful, especially in desirable areas. For sellers, the strong ratio shows that pricing your home right from the beginning will likely result in offers near your listed price.
Edmonton Real Estate Market -Average Days
The average days on market dropped to 42 days in June 2025, which is 10.64% faster than June 2024. Year-to-date, the average sits at 50 days, down 17.53% from 2024.
This trend indicates that while buyers have more choices, the homes that are priced correctly and presented well are moving fast. Sellers are continuing to see positive momentum, with properties not lingering long if they are positioned attractively in the market.
Edmonton Real Estate Trends: Key Takeaways for June 2025
1. Sales Are Slightly Down, But the Market Remains Active
While total sales volume has decreased slightly compared to last year, the Edmonton market is still highly active, particularly for well-priced homes in popular neighbourhoods.
2. Prices Are Still Rising
Both asking prices and sale prices have shown consistent growth. Edmonton remains affordable compared to other major cities, but buyers should be prepared for continued price appreciation.
3. Inventory Is Expanding
With more new listings entering the market, buyers now have more choices. However, homes that are staged and priced appropriately are still moving quickly.
4. Homes Are Selling Faster
The drop in average days on market signals strong buyer interest. If a home is priced well, it is likely to attract offers quickly.
5. Sellers Still Hold an Advantage
With the ask-to-sell ratio hovering around 99.2%, sellers who price their homes properly can expect to receive offers close to asking price, but they should also be aware that competition is increasing as more listings hit the market.
Advice for Buyers
If you’re thinking about purchasing a home in Edmonton this summer, here’s what you need to know:
Get pre-approved early. The market is moving quickly, and having financing in place can make you more competitive.
Act fast on desirable homes. Properties in high-demand neighbourhoods or in excellent condition can still sell in a matter of days.
Be realistic with offers. With homes selling close to asking price, consider making strong initial offers to increase your chances of success.
Advice for Sellers
If you’re planning to sell your home in Edmonton, now is still a favourable time to list:
Price strategically. Overpricing can result in longer market times, especially as inventory increases.
Invest in presentation. Staging, professional photography, and light cosmetic updates can significantly boost your home’s appeal.
Be prepared to move quickly. Many homes are receiving offers within days of listing, so make sure you have a plan in place.
Edmonton Market Outlook for Summer 2025
Looking ahead, the Edmonton market is expected to remain stable with continued price growth and a steady pace of new listings. Based on the current trends, here’s what buyers and sellers can expect:
More balanced conditions. With rising inventory, the market may shift slightly towards balance, providing more negotiating room for buyers.
Seasonal activity. Summer is traditionally one of the busiest times of the year, and we can expect sales activity to stay strong in the coming months.
Continued price strength. Economic growth, interprovincial migration, and Edmonton’s relative affordability will continue to support rising home prices.
Neighbourhood Spotlights
While city-wide trends give us a big-picture view, each Edmonton neighbourhood has its own micro-market. Here’s a quick snapshot of where the demand is strongest:
West Edmonton: Continued growth driven by new developments and family-friendly amenities.
Southwest Edmonton: Always in demand thanks to proximity to top schools and shopping centres.
Downtown Core: Condos are seeing renewed interest as urban living remains attractive for young professionals and investors.
Northeast Edmonton: Strong activity from first-time buyers seeking affordable single-family homes.
Key Edmonton Real Estate Statistics – June 2025
Metric
June 2025
June 2024
% Change
Sold Properties
2,046
2,170
-5.70%
Year-to-Date Sales
10,470
10,870
-3.65%
Average Asking Price
$498,000
$463,000
+7.56%
Average Sale Price
$443,000
$424,000
+4.39%
New Listings
3,790
3,440
+10.21%
Days on Market
42 Days
47 Days
-10.64%
Average Ask-to-Sell Ratio
99.2%
99.4%
-0.20%
Final Thoughts
The Edmonton real estate market remains strong and active heading into summer 2025. While sales volume has seen a minor year-over-year decline, home prices continue to rise, inventory is growing, and homes are selling faster. Buyers can benefit from increased options, but the need to act quickly remains critical. Sellers continue to enjoy favourable conditions, but strategic pricing and proper presentation are more important than ever.
Whether you’re buying, selling, or simply watching the market, staying informed is essential to making smart real estate decisions.
If you’re thinking about buying or selling in Edmonton, reach out to Christina Reid today at (780) 717-5267. I’m here to help you navigate Edmonton’s dynamic market with expert advice and personalized service.
Whether you’re looking to buy or sell in Edmonton, Christina Reid can guide you through the local market and help you achieve your real estate goals.
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.
Edmonton Detached Single Family Home Market: June 2025 Update
The Edmonton detached single family home market remains active and competitive as we move through the peak summer months. Here’s a quick overview of this month’s statistics:
Metric
June 2025
Year-over-Year Change
Homes Sold
1,040
+2.67%
Average Asking Price
$615,000
+2.37%
Average Sale Price
$557,000
+5.46%
New Listings
1,690
+18.64%
Days on Market
41 Days
+2.50%
Ask-to-Sell Ratio
0.993
-0.70%
These figures reveal an Edmonton market that is maintaining upward pressure on prices despite fluctuations in buyer activity.
Interactive bar graphs
Edmonton New Single Family Home Listings
🏘️ Inventory Expansion: More Choices for Buyers
Perhaps one of the most promising trends for buyers in June 2025 is the 18.64% surge in new listings. A total of 1,690 single-family homes came onto the market this month, offering buyers more variety and reducing the pressure that comes with limited inventory.
The year-to-date figures also tell a positive story, with 8,550 new listings introduced in 2025 so far, up 10.21% from last year.
An increase in new listings not only gives buyers more selection but also helps balance the market, easing competition and potentially slowing price acceleration in the coming months.
Average Asking Price
💰 Prices Are Climbing: Seller-Friendly Environment
The average asking price in June was $615,000, up 2.37% year-over-year.
For sellers, this upward trajectory presents an excellent opportunity to capitalize on growing home values.
For buyers, it’s a signal that purchasing sooner rather than later could be a wise move before prices potentially climb further.
Edmonton Single Family Home Sales
📈 Growth in Sales: A Positive Turn for June
One of the most notable statistics this month is the 2.67% increase in the number of homes sold compared to June 2024. A total of 1,040 single-family homes sold in the city, signalling steady buyer demand.
This is a positive sign for sellers as it indicates a healthy level of interest and transactional activity. Year-to-date, however, sales are still down by 6.77%, with 5,180 homes sold so far in 2025 compared to 5,550 by this time last year.
The slight uptick in June sales suggests that buyer confidence may be rebounding after a slower spring, potentially driven by stabilized interest rates and an increase in market supply.
Average Single Family Home Sale Price
The average sale price hit $557,000, a significant 5.46% increase compared to June 2024.
When we zoom out and look at the year-to-date average sale price, it’s sitting at $562,000, a strong 8.78% gain over 2024. This continued price growth suggests that Edmonton’s single-family home market remains a competitive landscape.
📉 Ask-to-Sell Ratio: Negotiation Room is Returning
The ask-to-sell ratio dropped to 0.993, down 0.70% from June 2024. This means homes are selling at approximately 99.3% of their asking price, compared to nearly full asking prices earlier this year.
This slight dip suggests that buyers are regaining some negotiating power. Sellers should be aware that pricing their home appropriately from the start is key to attracting serious buyers quickly.
Days on MLS®
⏳ Days on Market: Properties Taking Slightly Longer to Sell
The average days on market for single-family homes in Edmonton increased slightly to 41 days, up 2.50% compared to June 2024.
While homes are still selling relatively quickly, this minor increase suggests that buyers may have a bit more breathing room than in previous months.
Year-to-date, homes are selling in 47 days on average, which is still almost two weeks faster than last year, when the average was 58 days.
What Does This Mean for Buyers?
You have more time to make decisions.
There is less urgency to overbid on properties.
A balanced approach can secure you a quality home without overpaying.
📉 Ask-to-Sell Ratio: Negotiation Room is Returning
The ask-to-sell ratio dropped to 0.993, down 0.70% from June 2024. This means homes are selling at approximately 99.3% of their asking price, compared to nearly full asking prices earlier this year.
This slight dip suggests that buyers are regaining some negotiating power. Sellers should be aware that pricing their home appropriately from the start is key to attracting serious buyers quickly.
📅 Year-to-Date Trends: A Mixed Market with Upward Pricing Pressure
While June itself showed an increase in sales and listings, the year-to-date picture reveals a market still in recovery.
Sales YTD: 5,180 homes sold (down 6.77% year-over-year)
New Listings YTD: 8,550 homes listed (up 10.21% year-over-year)
Average Sale Price YTD: $562,000 (up 8.78% year-over-year)
This indicates that even though fewer homes have sold in total compared to 2024, prices are continuing to rise due to consistent demand and improving inventory levels.
🛒 What This Means for Buyers
The June 2025 numbers offer buyers both opportunities and challenges:
✅ Opportunities:
More inventory to choose from.
Less urgency than the frenzied pace seen in 2024.
Negotiating power is slowly returning.
⚠️ Challenges:
Prices are still climbing, reducing long-term affordability.
Quality homes in desirable neighbourhoods are still moving quickly.
Buyer Tips:
Work with an experienced REALTOR® to monitor new listings daily.
Get pre-approved so you can act swiftly when you find the right property.
Look beyond headline prices—negotiate on possession dates, inclusions, and contingencies to maximize your purchase.
💼 What This Means for Sellers
Sellers continue to benefit from a strong pricing environment but should be prepared to:
✅ Advantages:
Achieve close to asking price if the home is properly marketed.
Take advantage of summer buyer activity.
Sell faster than the historical Edmonton average.
⚠️ Considerations:
Buyers have more options and may negotiate more aggressively.
Homes that aren’t priced or presented properly may linger longer.
Seller Tips:
Stage your home to stand out.
Price accurately based on current comparable sales.
Use professional photography and modern marketing tactics to ensure your home gets the attention it deserves.
🔮 Looking Ahead: What to Expect for Summer 2025
As we move deeper into the summer market, expect to see:
Continued high inventory levels giving buyers more choice.
Sustained moderate price growth driven by steady demand.
A market that is balancing, where neither buyers nor sellers hold a definitive advantage.
Key influences to watch include:
Interest rate announcements.
Migration patterns, particularly from other provinces.
Local employment trends in energy, construction, and technology sectors.
📞 Contact Christina Reid for Expert Real Estate Guidance
Whether you’re buying your first home, selling your current property, or simply exploring your options in Edmonton’s evolving real estate market, I’m here to help you make confident, informed decisions.
As your trusted Edmonton REALTOR®, I offer personalized service, local expertise, and a proven track record to help you achieve your real estate goals.
Let’s get started today—reach out to discuss how I can assist you in navigating the Edmonton single-family home 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 buying and selling single family homes in Edmonton CONTACT CHRIS REID
The real estate market statistics for Spruce Grove real estate market for November 2024 is one of the most dynamic markets in the Edmonton area. Whether you are a prospective homebuyer, a real estate investor, or simply keeping tabs on market trends, this update offers a comprehensive overview of key indicators that define the current state and future trajectory of Spruce Grove's property landscape.
The Spruce Grove real estate market has exhibited remarkable growth over the past year, underscored by several positive trends across various metrics. Let’s delve into the specifics to better understand what these numbers mean for you.
The below graphs are interactive
New MLS® Listing Count
While most indicators show positive growth, the number of new listings in November 2024 has seen a decline of 17.17% compared to the previous year, with only 82 new listings. This reduction could be a result of limited inventory, which is a common trend in thriving real estate markets. However, the year-to-date figures show a more stable scenario, with 1,472 new listings, up by 8.80% from 2023. This suggests that while monthly fluctuations occur, the overall listing activity remains healthy.
Average Listing Price in Spruce Grove
The average asking price in November 2024 stood at $485,000, up by 13.87% from the previous year. These figures illustrate a robust appreciation in property values, offering a lucrative opportunity for sellers and a crucial insight for buyers preparing to enter the market.
Spruce Grove Home Sales
One of the most significant indicators of the health of a real estate market is the number of properties sold. In Spruce Grove, the total number of sold properties reached 68 in November 2024, marking a 3.03% increase from the previous year. Year-to-date (YTD) figures are even more impressive, with 1,187 properties sold in 2024, which is a substantial 31.89% increase compared to 2023. This uptick in sales volume is a strong signal of growing buyer interest and an increasingly competitive market environment.
Real Estate Market Statistics Spruce Grove Average Home Sale Price
his increase is consistent with the trend observed in average sale prices, which saw a 23.20% rise to $444,000 in the same month, compared to November 2023. The year-to-date average sale price also rose to $427,000, reflecting a 9.80% increase from the previous year.
The average ask-to-sell ratio in November 2024 was 0.989, showing a slight increase of 1.24% from the previous year. This ratio, which measures how close the final sale price is to the asking price, indicates that sellers are achieving nearly their full asking price, signifying a seller's market where buyers are willing to meet the terms set by sellers.
Days on Market Until Sale
Another key aspect of market dynamics is the average number of days properties stay on the market before being sold. In Spruce Grove, homes are selling faster, with the average days on market until sale dropping to 62 days in November 2024, a reduction of 17.33% from 71 days in 2023. This decrease in days on market is indicative of a more fluid market where properties are moving quickly, often due to competitive bidding and high demand.
The real estate market statistics in Spruce Grove is characterized by robust growth, increasing property values, and a competitive environment that benefits both buyers and sellers. Whether you are looking to invest in residential properties, sell your home, or find a new place to call your own, understanding these trends can greatly assist in making informed decisions.
As we move towards 2025, the momentum seen in the Spruce Grove real estate market suggests continued opportunities for growth and investment. Prospective buyers should be prepared for a competitive market, and sellers can expect continued interest in their properties.
For more information on buying or selling in Spruce Grove CONTACT CHRIS REID
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.
Stony Plain Real Estate Statistics Market Update: May 2024
Stony Plain real estate markets latest trends. Whether you're a buyer, seller, or investor, our blog provides valuable insights into the trends, statistics, and opportunities in Stony Plain's housing market.
Below Graphs Are Interactive
Stony Plain Real Estate - New MLS® Listings
There were 73 new listings in May 2024 as compared to 60 in May 2023.
Average Asking Price of Homes in Stony Plain
The average asking price for May 2024 was $391,000, representing a 14.27% increase from May 2023. The YTD average asking price for 2024 stood at $385,000, indicating a 9.73% increase from May 2023.
Stony Plain Home Sales
May 2024: 54 properties were sold, marking a significant 63.64% increase from May 2023. YTD 2024: There were 219 sold properties, showing a substantial 36.02% increase from May 2023.
Stony Plain Real Estate Market- Average Home Sale Price
The average sale price for May 2024 was $446,000, up by 16.65%. The average sale price in May 2023 was $385,000, marking a 9.73% increase.
Stony Plain Average Days on Market
The average days on market until sale in May 2024 was 0.997, an increase of 1.90%. YTD 2024: The average days on market until sale was 0.989, compared to 0.976 in 2023, showing a 1.41% increase.
Stony Plain's real estate market in May 2024 demonstrated strong growth in sold properties and average prices compared to the same period last year.
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 are considering buying or selling a home in Stony Plain or just want more information on the Stony Plain real estate market, CONTACT ME HERE.
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