Rural Lac Ste Anne Acreages • 9 May 2025

Lac Ste. Anne Real Estate Market Update: April 2025 Statistics

by Christina Reid

Lac Ste Anne real estate Century 21 Leading Realtor Chris Reid

Lac Ste. Anne Real Estate Market Update: April 2025 Statistics

The Lac Ste. Anne County real estate market has seen notable shifts in its real estate market through April 2025. Known for its tranquil surroundings and proximity to nature, Lac Ste. Anne offers a variety of properties, from sprawling acreages to charming rural homes, making it a highly desirable location for buyers looking to escape the hustle and bustle of city life. Whether you’re searching for a peaceful retreat or a spacious family home, the area’s real estate market has shown robust activity and growth.

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Lac Ste Anne New MLS® Listings

New listings in the area decreased by 11.11% in April 2025, with only 80 new properties coming on the market compared to 90 in April 2024. However, YTD, new listings have remained relatively stable, showing only a 1.06% increase with 286 new listings in 2025 compared to 283 in 2024. The limited supply and high demand in the area have made the market more competitive, pushing up property values and shortening time on the market.

Average List Price

Lac Ste. Anne’s real estate market has seen a sharp rise in property prices in 2025. The average asking price in April 2025 was $378,000, which represents a 13.05% decrease from the previous month. However, the average sale price increased by 23.07% compared to April 2024, reaching $420,000. This jump in sale prices highlights the growing interest in the area, with buyers willing to pay a premium for well-located properties.

Year-to-date data reflects a steady upward trajectory in property values. The average asking price for homes in Lac Ste. Anne County has risen to $393,000 in 2025, up 9.24% from $360,000 in 2024.

Lac Ste Anne Home Sales

In April 2025, Lac Ste. Anne County saw a solid 21.88% increase in the number of sold properties, with 39 properties changing hands compared to 32 in April 2024. Year-to-date (YTD) sales have also surged by 51.32%, with 115 properties sold so far in 2025, compared to 76 during the same period in 2024. This increase in property sales reflects a growing demand for rural properties, as more buyers look to invest in the peaceful, spacious lifestyle offered by Lac Ste. Anne.

Average Sale Price

Year-to-date data reflects a steady upward trajectory in property values.

Average Days on Market

One of the key indicators of the Lac Ste. Anne County market’s current competitiveness is the decreasing days on market until sale. In April 2025, properties sold in an average of 68 days, which is a 16.05% decrease from 81 days in April 2024. This shortened timeframe shows that homes are moving quickly, with buyers eager to capitalize on limited listings.

Despite the high demand, the average ask-to-sell ratio has slightly decreased by 1.97%, now standing at 95.6%. This means that, on average, sellers are achieving 95.6% of their asking price. Although this figure suggests some negotiation room, it still reflects a competitive market where many properties are selling close to or at their asking price.

Why Lac Ste. Anne is Gaining Popularity

Several factors contribute to Lac Ste. Anne County’s growing popularity among real estate buyers:

Proximity to Edmonton: Lac Ste. Anne’s location, just 45 minutes from Edmonton, provides easy access to the city’s amenities, including shopping, healthcare, and entertainment, while maintaining a peaceful, rural atmosphere. This proximity makes it a perfect choice for those who want to live outside the city but remain close enough to commute for work or leisure.
Outdoor Recreation: The natural beauty of Lac Ste. Anne County makes it a haven for outdoor enthusiasts. With plenty of lakes, trails, and parks, the region offers ample opportunities for hiking, fishing, boating, and wildlife watching. These recreational activities are a significant draw for families, retirees, and anyone who enjoys spending time outdoors.
Affordable Rural Living: Compared to urban areas, Lac Ste. Anne offers more affordable real estate options, particularly in the acreage and recreational property markets. With rising prices in the Edmonton area, many buyers are turning to Lac Ste. Anne as an affordable alternative, where they can get more land and space for their money.
Strong Investment Potential: With rising property values and a growing demand for rural properties, Lac Ste. Anne County has become a prime area for real estate investment. Whether you’re looking to buy for personal use or as an investment, the area’s continued growth offers the potential for strong returns in the future.

Conclusion

The Lac Ste. Anne County real estate market has shown strong growth throughout 2025, with rising sales, increasing property values, and a steady demand for rural properties. Whether you’re seeking an acreage, a recreational retreat, or a home in a rural community, Lac Ste. Anne offers a range of opportunities for all types of buyers.

With its proximity to Edmonton, abundant outdoor recreation, and affordable rural living, Lac Ste. Anne County is quickly becoming one of the most sought-after areas for those seeking a peaceful, nature-filled lifestyle. Whether you’re a first-time homebuyer or an experienced investor, Lac Ste. Anne County provides an excellent opportunity to invest in a growing and vibrant 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 Lac Ste Anne real estate market contact Chris Reid

Lac Ste Anne County Website

Devon, Alberta: Real Estate Market Trends and Investment Opportunities • Devon, Alberta: Real Estate Market Trends and Investment Opportunities • 9 May 2025

Devon Real Estate Market Update: April 2025 Statistics

by Christina Reid

Devon real estate Century 21 Leading Realtor Chris Reid

Devon Real Estate Market Update: April 2025

As the Devon real estate market continues to evolve, both buyers and sellers need to stay updated on the latest trends and market conditions. In this blog, we’ll dive deep into the current real estate market in Devon, offering insights into property values, sales trends, and what buyers and sellers can expect in the coming months.

Devon, Alberta, is a picturesque community located just outside Edmonton, offering the perfect mix of small-town charm and easy access to the city’s amenities.

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Devon New MLS® Listings

There were 18 new listings in April 2025, representing a 21.74% decrease from 23 new listings in April 2024. However, when comparing year-to-date figures, there has been a slight decrease of 9.26%, with 49 new listings in 2025 compared to 54 listings in 2024. This reduction in new listings can indicate a tightening market, with fewer homes available for sale compared to previous years.

Average List Price

The average asking price for homes in Devon has seen a notable increase. In April 2025, the average asking price was $474K, reflecting an 18.97% rise compared to April 2024. The YTD average asking price in 2025 stands at $533K, a substantial 25.14% increase from 2024’s $426K. This upward trend in asking prices suggests that homes in Devon are becoming more valuable, driven by rising demand and a competitive market.

Devon Home Sales

In April 2025, there were 10 sold properties in Devon, representing a 23.08% decrease from the 13 sold properties in April 2024. Despite this decrease in monthly sales, the year-to-date (YTD) figures show a modest 5.26% increase, with 40 properties sold in the first few months of 2025 compared to 38 in 2024.

Average Sale Price

The average sale price in Devon has decreased slightly over the past year. In April 2025, the average sale price stood at $410K, reflecting a 5.29% decrease from April 2024. The year-to-date average sale price is $407K, down 5.99% from 2024’s $433K. Despite the overall decline in the sale price, the gap between the asking price and sale price remains narrow, indicating that sellers are achieving close to their asking prices.

Ask-to-Sell Ratio:
The average ask-to-sell ratio for properties in Devon in April 2025 was 1.004, a slight increase of 1.03% from 2024. This indicates that, on average, homes in Devon are selling for slightly more than their initial asking price. The increase in this ratio over the year suggests a competitive market where buyers are willing to pay a little extra to secure a property.

Average Days on Market

One of the most important metrics for understanding the health of a real estate market is how quickly homes sell. In Devon, properties are selling faster in 2025. The average number of days on the market in April 2025 was 16, a significant 54.29% decrease compared to 39 days in April 2024. Year-to-date, properties are selling in an average of 22% fewer days than in 2024, highlighting the increasing demand for homes in Devon.

What’s Driving the Devon Real Estate Market in 2025?

Several factors contribute to the ongoing developments in Devon’s real estate market, from rising property values to increased demand for homes. Here are a few key influences:

Affordability Compared to Edmonton:
One of the most attractive features of Devon for homebuyers is its affordability. Compared to Edmonton, which has seen higher property prices due to its large urban population, Devon remains a more affordable option for those looking to buy a home. With an average sale price of $410K, Devon offers more value for money, especially when considering the proximity to Edmonton and its amenities.
Family-Friendly Community:
Devon’s small-town charm, combined with its well-established infrastructure, makes it a desirable place for families. The town offers excellent schools, parks, recreational facilities, and a low crime rate, which appeals to parents seeking a safe and supportive environment to raise their children.
Natural Beauty and Outdoor Activities:
Devon is known for its stunning natural surroundings, including the North Saskatchewan River and an abundance of green spaces and parks. Outdoor enthusiasts appreciate the numerous walking trails, bike paths, and recreational areas, making Devon an appealing place for those who enjoy nature and outdoor activities. This lifestyle appeal is attracting more buyers to the area, especially those seeking a peaceful retreat just outside the hustle and bustle of Edmonton.
Proximity to Edmonton:
Devon’s location just 30 minutes from downtown Edmonton makes it an ideal location for people who work in the city but prefer to live in a quieter, more affordable setting. Devon provides residents with easy access to major highways, public transit, and the Edmonton International Airport, making it convenient for commuters and those who need to travel frequently.

Devon’s Housing Market for Buyers

For buyers, Devon offers a variety of housing options, from entry-level homes to more luxurious properties. Here are a few things to keep in mind when purchasing in Devon:

Be Prepared for a Competitive Market:
With the average days on market declining and properties selling faster than in the previous year, buyers need to act quickly when they find a home they like. Homes are selling for slightly above the asking price, which means that being prepared to make an offer quickly can give you an advantage.
Focus on Homes That Meet Your Long-Term Needs:
Devon’s real estate market has shown steady growth over the years, making it an ideal location for long-term investment. When purchasing a home in Devon, it’s important to think about your long-term needs, such as proximity to schools, work, and recreational facilities, as well as future resale value.
Consider the Impact of New Listings:
While the number of new listings has decreased slightly, the competition for available properties remains high. Buyers should keep an eye on the latest listings and be prepared to make quick decisions. Working with an experienced local agent can help you stay informed about new properties coming on the market.

Devon’s Housing Market for Sellers

For sellers, Devon continues to be a competitive market, with homes selling quickly and at favourable prices. Here are a few tips for sellers looking to list their property in Devon:

Price Your Home Right:
Devon’s market has seen a steady rise in asking prices, with a significant year-over-year increase in average asking prices. Sellers should work with their real estate agent to price their home competitively to attract buyers while still maximizing their return.
Stage Your Home for Success:
Homes are selling more quickly in 2025, so it’s crucial to make a strong first impression. Staging your home and making necessary repairs or upgrades can help it stand out in the market and attract more potential buyers.
Leverage the Market Conditions:
With properties selling faster and for slightly more than their asking price, sellers in Devon are in a favourable position. Be sure to take advantage of this competitive environment by listing your home at the right time and with the right strategy.

Conclusion

The Devon real estate market is evolving, with steady growth in asking prices and a high demand for homes. While the number of sold properties has decreased slightly, the market remains active, offering both opportunities for buyers and sellers. With its affordable homes, family-friendly environment, and proximity to Edmonton, Devon continues to be a great place to live, work, and invest in real estate.

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

Leduc, Alberta Real Estate Market Trends and Investment Opportunities • 9 May 2025

Leduc Real Estate Market Update: April 2025 Statistics

by Christina Reid

Leduc real estate market Century 21 Leading Realtor Chris Reid

Leduc Real Estate Market Update: April 2025

The Leduc real estate market has experienced both growth and challenges in April 2025. As a suburb of Edmonton, Leduc continues to attract homebuyers looking for a more relaxed, suburban lifestyle with easy access to city amenities. However, the market has shown mixed trends, with a slight decline in the number of properties sold, alongside increases in asking and sale prices. In this blog, we’ll explore the key statistics and trends shaping the Leduc market in 2025.

Key Market Statistics for April 2025

Sold Properties: 86 (a 5.49% decrease from April 2024)
Year-to-Date (YTD) Sold Properties: 270 (down 6.57% compared to YTD 2024)
Average Asking Price: $501K (up 10.24% from April 2024)
YTD Average Asking Price: $513K (up 11.59% from YTD 2024)
New Listings: 146 (a 25.86% increase from April 2024)
Days on Market Until Sale: 45 days (no change compared to last year)
Average Sale Price: $432K (a 0.45% increase from April 2024)
YTD Average Sale Price: $436K (up 6.21% from YTD 2024)
Average Ask to Sell Ratio: 0.995 (a slight increase from 0.992 in April 2024)

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Leduc New MLS® Listings

Leduc saw a significant increase in new listings this April, with 146 properties coming to market—up 25.86% from April 2024. This surge in new listings could be a response to rising prices, as homeowners may be motivated to list their homes while market conditions appear favourable. More listings could also help provide potential buyers with greater selection and options.

Average List Price

Despite the slowdown in the number of transactions, the average asking price in Leduc has increased. In April 2025, the average asking price was $501,000, reflecting a 10.24% rise compared to the same month in 2024. This upward trend in asking prices suggests that sellers may be confident in the value of their homes despite the drop in the number of sales.

Leduc Home Sales

Leduc has experienced a slight decline in the number of sold properties, with 86 properties sold in April 2025. This represents a 5.49% decrease compared to April 2024, continuing the trend seen earlier in the year. A decrease in sales volume could indicate either fewer buyers actively entering the market or longer decision-making processes in this price range.

Average Sale Price

The average sale price in April 2025 was $432,000, showing a small increase of 0.45% from April 2024. The YTD average sale price is $436,000, marking a 6.21% increase compared to the same period last year. These steady price increases reflect a market that is growing in value, albeit at a slower rate than in previous months.

Average Days on Market

Homes in Leduc are continuing to sell at a steady pace, with an average of 45 days on market in April 2025. This figure has remained unchanged from last year, but it’s a notable improvement compared to the 53 days on market seen earlier in 2025. With more listings available, homes are likely finding buyers faster than in the early months of the year.

What Does This Mean for Buyers and Sellers in Leduc?

For Buyers:
With the number of properties sold declining, buyers may have more options to choose from in the Leduc market. However, they will need to be prepared for higher asking prices. The increase in new listings provides an opportunity for buyers to find homes that match their preferences, but the competition could still be tough for well-priced properties. It’s important for buyers to act quickly when a suitable home is found, as properties are still selling within 45 days on average.

For Sellers:
Sellers in Leduc could be in a strong position, given the increase in asking prices and the relatively short time it takes for homes to sell. With a large number of new listings coming to market, sellers will need to ensure their home is priced competitively to attract attention. The current market offers an opportunity to capitalize on rising prices, but sellers should work with a knowledgeable REALTOR® to determine the best pricing strategy for their property.

Factors Influencing Leduc’s Market in 2025

Several key factors continue to impact Leduc’s real estate landscape in 2025:

Suburban Appeal: Leduc remains a desirable location for those seeking suburban living near Edmonton. With many new developments underway, Leduc is becoming a top choice for buyers looking for affordable options while remaining close to city amenities.
Economic Growth: The local economy’s strength continues to drive real estate activity, with many people moving to the area for work and lifestyle reasons.
Interest Rates: Higher interest rates can impact buyer affordability and may be contributing to the slower sales volume. Buyers should factor in rising costs when budgeting for a new home.

Looking Ahead: What to Expect in Leduc’s Market

As we move further into 2025, Leduc’s real estate market will likely continue to show a mix of trends: increasing prices paired with fewer transactions. The increase in new listings is encouraging, and the market should remain competitive for well-priced homes. However, potential buyers should be mindful of rising home prices and consider securing financing sooner rather than later to lock in favourable rates.

Conclusion

Leduc’s real estate market in April 2025 reflects an evolving landscape, with prices on the rise despite a slight decrease in sales volume. Whether you’re looking to buy or sell, it’s essential to stay informed about the current trends and seek expert guidance to navigate the market effectively. Leduc’s mix of affordability, suburban charm, and proximity to Edmonton makes it a strong contender in the greater Edmonton housing market.

By staying informed and working with a skilled REALTOR®, you can navigate Leduc’s evolving real estate landscape 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.

If you would like more information on the Leduc real estate market contact Chris Reid

City of Leduc Website

Edmonton Real Estate Market Trends and Insights • 9 May 2025

Edmonton Condo Market Update: April 2025 Statistics

by Christina Reid

Edmonton Condos Century 21 Leading Realtor Chris Reid

Edmonton Condo Market Update: April 2025

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.

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Edmonton Condo New Listings

There were 671 new condo listings in April 2025, marking a 7.45% decrease from the 725 listings in April 2024.

Average List Price Condo

The average asking price for condos in Edmonton has seen a 5.66% decrease, dropping to $235,000 from $249,000 in April 2024.

Condo Sales Edmonton

361 condos were sold in April 2025, representing a significant 19.60% decrease from the 449 condos sold in April 2024. This decrease highlights a reduction in transaction volume for the month.

Average Sale Price Edmonton Condos

The average sale price for condos in April 2025 was $213,000, reflecting a 6.57% increase from the previous year. Year-to-date, this figure has increased by 11.71%, reaching $211,000 compared to $189,000 at the same time in 2024.

Average Ask-to-Sell Ratio: The average ask-to-sell ratio is now 0.973, representing a slight increase from 0.968 in 2024. This indicates that condos are selling closer to their asking price, signifying a more stable market.

Average Days on Market

Condos in Edmonton are selling more quickly, with the average days on market decreasing by 27.03%, from 72 days in April 2024 to just 54 days in April 2025.

These numbers provide valuable context for understanding the current trends in Edmonton’s condo market.

1. Decrease in Condo Sales Volume

The Edmonton condo market has seen a significant drop in sales volume, with 361 condos sold in April 2025, a 19.60% decrease from April 2024. While this decrease may seem concerning, it is essential to view this data in the context of the broader market. The overall YTD (year-to-date) figure still reflects a slight dip of 3.35%, with 1,240 condos sold in 2025 compared to 1,283 sold in 2024.

What This Means for Buyers: If you are a buyer, this slowdown could present an opportunity to find condos with less competition. With fewer properties being sold, it could be easier to negotiate favourable prices and terms.

What This Means for Sellers: For sellers, this decrease in sales volume suggests that it might take longer to sell your condo compared to previous years. However, with the reduction in days on market and the increase in asking-to-sell ratios, pricing your condo competitively remains crucial to attracting buyers.

2. Changes in Asking Prices

The average asking price for condos in Edmonton has decreased by 5.66%, from $249,000 in April 2024 to $235,000 in April 2025. This drop in asking prices reflects a shift in seller expectations as market conditions adjust. However, the year-to-date figures show a more modest increase of 0.41%, with asking prices averaging $242,000 in 2025 compared to $241,000 in 2024.

What This Means for Buyers: As a buyer, the slight decrease in asking prices may give you an opportunity to secure a condo at a lower price point than last year. However, it’s important to note that pricing trends are fluctuating, and the market can change quickly, so acting fast might be in your best interest.

What This Means for Sellers: Sellers will need to be mindful of the price adjustments in the market. While a lower asking price might attract more interest, it could also mean a reduction in overall sale price. Understanding the balance between asking price and final sale price is key to a successful transaction.

3. The Surge in Sale Prices

Despite a decrease in the number of condos sold and lower asking prices, the average sale price for condos in Edmonton has increased by 6.57%, reaching $213,000 in April 2025 compared to $200,000 in April 2024. Year-to-date, the average sale price is $211,000, reflecting an 11.71% increase compared to the same period in 2024.

What This Means for Buyers: For buyers, this price increase signals that Edmonton’s condo market continues to appreciate. If you’re planning to buy a condo, now may be a good time to lock in a purchase before prices rise even further.

What This Means for Sellers: The rise in sale prices suggests that sellers may still be able to secure strong returns on their properties despite the decrease in volume. With sale prices rising, sellers may be able to maximize profits even if their condo takes slightly longer to sell.

4. Faster Condo Sales: Decreased Days on Market

One of the most promising signs in Edmonton’s condo market is the reduction in the average days on market, which has decreased by 27.03%, from 72 days in April 2024 to just 54 days in April 2025. This is a clear indication that condos are selling faster in Edmonton, which is good news for both buyers and sellers.

What This Means for Buyers: Buyers will need to be prepared to act quickly, as condos are moving off the market faster than in previous years. Ensuring that your financing is in place and having a clear idea of your preferences will allow you to move quickly when you find the right property.

What This Means for Sellers: Sellers benefit from this trend because their properties are likely to sell faster, allowing them to complete their transactions and move forward with their next steps more quickly. However, pricing remains crucial to ensure that condos don’t stay on the market too long.

5. New Listings in Decline

New listings in Edmonton’s condo market have decreased by 7.45%, from 725 in April 2024 to 671 in April 2025. This reduction in new inventory could lead to higher demand for the available condos, especially if fewer new units are entering the market.

What This Means for Buyers: With fewer new listings, competition for available condos could increase, which could lead to faster sales and potentially higher prices. Buyers may need to be more proactive and consider exploring a variety of options to find a suitable condo.

What This Means for Sellers: Fewer listings mean less competition for sellers, so those with well-priced, well-maintained properties are likely to attract more attention. Listing your condo at the right time, especially when inventory is low, could help you achieve a quicker sale.

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

City of Edmonton Website

Fort Saskatchewan Real Estate Market Statistics • 9 May 2025

Fort Saskatchewan Real Estate Market- April 2025

by Christina Reid

Fort Saskatchewan real estate Century 21 Leading Realtor Chris Reid

Fort Saskatchewan Real Estate Market March 2025

As we progress into 2025, the Fort Saskatchewan real estate market continues to offer both challenges and opportunities for buyers, sellers, and investors. In this detailed market update, we’ll dive into the latest statistics for April 2025 and explore key trends that are shaping the Fort Saskatchewan housing market. Whether you’re considering buying your first home, selling your current property, or looking to invest in Fort Saskatchewan, this blog will provide the insights you need to make informed decisions.

Bar Graphs Below Are Interactive

Fort Saskatchewan New MLS® Listings

In April 2025, there were 92 new listings, which represents a 9.80% decrease from the 102 new listings in April 2024. Despite this decrease, the year-to-date (YTD) listings for 2025 are nearly identical to the previous year, with 347 listings in 2025 versus 349 listings in 2024.

The reduction in new listings, coupled with the decrease in sold properties, signals a tighter market in Fort Saskatchewan. Fewer new homes are entering the market, while existing homes are moving slower, possibly due to price adjustments and buyer hesitation. This dynamic makes it a potentially challenging time for buyers, as fewer homes may be available to meet the growing demand.

Fort Saskatchewan Average List Price

The average asking price in April 2025 was $446,000, which shows a 0.14% decrease from the previous month and a significant 9.26% decrease from April 2024, where the average asking price was $496,000. This decline in the asking price suggests that sellers are adjusting their expectations in response to changes in demand and market conditions.

Fort Saskatchewan Home Sales

In April 2025, Fort Saskatchewan experienced a noticeable shift in its real estate activity. The number of sold properties decreased by 24.53% from the previous year, with 80 homes sold in April 2025 compared to 106 homes in April 2024. However, when looking at the year-to-date (YTD) sales for 2025, there has been a slight 2.25% increase, with 273 homes sold compared to 267 in the same period of 2024. This reflects a modest overall growth in the market, despite a dip in monthly sales figures.

Fort Saskatchewan Average Home Sale Price

The average sale price in April 2025 was $424,000, reflecting a 2.27% decrease from April 2024. The year-to-date (YTD) average sale price for 2025 stands at $413,000, which is a 3.19% decrease compared to the same period in 2024.

While these decreases in average prices may seem concerning at first glance, it’s important to consider the broader context. The price adjustments indicate a market that is recalibrating after a period of higher prices. This could create opportunities for buyers looking for homes at more affordable price points in Fort Saskatchewan.

Another positive sign for sellers is the ask-to-sell ratio, which in April 2025 stood at 1.006—a 1.82% increase from the previous year. This indicates that homes are selling for slightly above their asking price, suggesting that buyers are willing to pay more to secure desirable properties.

This is a promising development for sellers, as it shows that well-priced homes in Fort Saskatchewan are still highly sought after, and buyers are more inclined to pay full price (or even slightly above) for properties they find attractive. The improvement in the ask-to-sell ratio indicates a shift toward a more seller-friendly market, even amid price adjustments.

Average Days on Market

One of the more encouraging trends in the Fort Saskatchewan real estate market is the decrease in days on market. In April 2025, homes in Fort Saskatchewan were selling in an average of 36 days, a 45.45% decrease from the 66 days it took to sell homes in April 2024. This represents a 32.43% decrease from the 50 days it took to sell homes year-to-date in 2024.

The faster sales times reflect a more competitive market, with homes being sold more quickly, despite the dip in total sales. Sellers who price their properties correctly and market them well can still expect a relatively quick turnaround on their listings. However, it’s important to note that pricing your home competitively will be essential, given the pricing trends.

Looking ahead, the Fort Saskatchewan real estate market is expected to continue evolving throughout 2025. With prices showing a slight downward trend and fewer new listings entering the market, both buyers and sellers need to be prepared for a shifting landscape. For sellers, the market conditions still present favourable opportunities, especially with shorter days on market and a higher ask-to-sell ratio.

For buyers, there are opportunities to find homes at more affordable prices, particularly as the asking and sale prices have been adjusting downward. However, competition for desirable properties may remain high, especially as Fort Saskatchewan remains an attractive destination for those looking to live just outside of Edmonton.

In conclusion, Fort Saskatchewan’s real estate market in 2025 presents a blend of opportunities and challenges for both buyers and sellers. While the number of sold properties has decreased and average prices have fallen slightly, the market is still active with homes selling more quickly and sellers receiving favourable offers. Buyers looking to invest in Fort Saskatchewan should act promptly, as opportunities may be limited by the current trend of fewer new listings entering the market.

Conclusion: Navigating the Fort Saskatchewan Market

Whether you’re a buyer or seller, Fort Saskatchewan offers unique opportunities in 2025. With its lower-than-average days on market, improving ask-to-sell ratio, and competitive pricing, the city remains an attractive location for those seeking to enter the 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.

Are you considering buying or selling or just interested in more information on the real estate market in Fort Saskatchewan? CONTACT ME HERE

City of Fort Saskatchewan Website

St. Albert Real Estate Market Trends and Investment Opportunities • 9 May 2025

St. Albert Real Estate Market Update: April 2025

by Christina Reid

St. Albert Real Estate Century 21 Leading Realtor Chris Reid

St. Albert Real Estate Market Update: April 2025

The St. Albert real estate market continues to show resilience and growth in its real estate market. As we head into spring 2025, it’s clear that demand for homes in this picturesque city is strong, with both price increases and faster sales. Whether you’re a first-time homebuyer, a seller, or an investor, staying informed about the latest market trends is essential. Here’s what you need to know about the St. Albert real estate market as of April 2025.

Bar Graphs Below Are Interactive

St. Albert New Listing Count

There were 227 new listings in April 2025, which represents an 11.27% increase over the same period in 2024. This surge in new listings is positive news for buyers, providing more options in a competitive market. The YTD data shows a 7.64% increase in listings, with a total of 690 new homes on the market, further contributing to market stability.

Average List Price

The average asking price in St. Albert has risen to $543K in April 2025, a 4.99% increase from the previous year. This slight increase reflects the growing demand for homes in the city. For the year-to-date, the average asking price stands at $562K, up 3.92% from 2024. This upward trend in asking prices indicates that sellers are confident in the market’s strength.

St. Albert Home Sales

In April 2025, 159 homes were sold in St. Albert, showing a 0.00% change compared to April 2024. This stable number suggests that while sales volume has remained consistent, there is still strong activity in the market. Year-to-date (YTD), there have been 469 homes sold, marking a 12.20% increase from 2024, indicating a healthy pace of transactions.

Average Sale Price of Homes

The average sale price in St. Albert reached $539K in April 2025, showing a 7.37% increase compared to April 2024. Year-to-date, the average sale price stands at $515K, up 3.30% from the same period last year. This consistent increase in sale prices is a clear sign that St. Albert’s real estate market is robust and continues to appreciate in value.

Ask-to-Sell Ratio

The average ask-to-sell ratio in St. Albert is 1.007, reflecting a 1.10% increase from the previous year. This ratio suggests that homes are generally selling for slightly above their asking prices, indicating a competitive market where demand is driving prices upwards.

Days on MLS®

Homes are selling faster in St. Albert, with 40 days on the market in April 2025, a significant 11.11% decrease from the 44 days reported in April 2024. This drop in days on market shows that buyers are moving quickly to secure homes in this desirable community. The YTD data shows a 31.25% reduction in the average number of days on the market, from 64 days in 2024 to 44 days in 2025

What’s Driving the St. Albert Market?

Several key factors are driving the strong performance of St. Albert’s real estate market:

Community Appeal: St. Albert is renowned for its family-friendly atmosphere, excellent schools, parks, and recreational amenities. Its strong sense of community, combined with its close proximity to Edmonton, makes it a popular choice for homebuyers looking for a quieter suburban lifestyle without sacrificing convenience.
Demand for Single-Family Homes: As one of the most desirable cities for families, there is a steady demand for single-family homes in St. Albert. The market has seen an uptick in home sales, with families seeking spacious homes with larger yards, making the area ideal for those looking for a peaceful environment to raise children.
Proximity to Edmonton: St. Albert’s location just north of Edmonton continues to attract buyers who work in the city but prefer the serenity of suburban living. The accessibility to major transportation routes and public services further strengthens St. Albert’s appeal as a residential hub.
Higher Prices Reflecting Increased Demand: The steady rise in both asking and sale prices shows that the demand for homes in St. Albert is outpacing the supply. As more buyers compete for available properties, home values continue to appreciate, creating opportunities for sellers to achieve favorable sale prices.

Tips for Buyers and Sellers in St. Albert

For Buyers:

Stay Competitive: Given the increase in average sale prices and the lower days on market, it’s important for buyers to act quickly when they find a property they like. Consider getting pre-approved for a mortgage to streamline your purchasing process and make a strong offer.
Work with a REALTOR®: A local real estate agent can provide valuable insights into the market and help you navigate the many options available, ensuring that you find a home that meets your needs and budget.

For Sellers:

Price Strategically: Pricing your home correctly is crucial in a competitive market. With the average asking price rising, ensure that your home is priced to attract buyers while still reflecting its true value.
Stage Your Home for Success: Homes that are well-staged tend to sell faster and for a higher price. Consider investing in professional staging or making small improvements to enhance your home’s appeal to potential buyers.

Conclusion

The St. Albert real estate market in April 2025 continues to show strong growth, with higher sale prices, faster sales, and more homes being listed compared to last year. Whether you’re a buyer or seller, staying up to date on the latest market trends will help you make informed decisions in this vibrant community. As St. Albert remains one of the top choices for families and commuters, now is an excellent time to get involved in the market, whether you’re looking to purchase a new home or sell your current property.

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

St. Albert Website

Parkland County Real Estate: Acreage Properties and Market Trends • 9 May 2025

Parkland County Acreage Market Overview: April 2025

by Christina Reid

Rural Parkland County Acreage Century 21 Leading Realtor Chris Reid

Parkland County Acreage Market Overview: April 2025

Understanding the current market trends in the Parkland County Acreage market can help both buyers and sellers make informed decisions. This blog will explore the key statistics from the Parkland County acreage market for April 2025, providing a comprehensive look at the performance of this sector.

Below Graphs Are Interactive

Parkland County Acreage Listings

There were 117 new listings in April 2025, a 9.30% decrease from the previous year. This reduction in new listings suggests that fewer property owners are putting their acreage properties on the market, which may contribute to the rise in prices. With fewer new properties entering the market, buyers are having to compete for the available inventory, pushing prices higher.

While the year-to-date increase of 2.81% in new listings indicates some stability, the overall number of properties coming onto the market remains low, which could continue to drive competition among buyers.

Average List Price

The average asking price for acreage properties in Parkland County increased to $816K in April 2025, a 26.70% jump compared to April 2024. This price growth is an indication of the high demand for rural properties, as well as the overall appreciation in land values in the region.

This price increase has been consistent throughout 2025, with $834K being the average asking price year-to-date, a 24.23% increase compared to 2024. Sellers are asking for more as the market continues to appreciate, capitalizing on the limited inventory and growing demand.

It’s important to note that while asking prices have increased, the average sale price has not risen as dramatically, showing that buyers may be negotiating lower prices. This indicates a healthy market where buyers and sellers are finding common ground.

Parkland County Acreage Sales

In April 2025, the number of acreage properties sold in Parkland County saw a significant 25.42% increase, with 74 properties sold compared to 59 in April 2024. This surge in sales volume suggests that the demand for acreage properties remains strong, with more buyers entering the market.

When we look at the year-to-date figures, the trend continues, with 182 properties sold by April 2025, reflecting an 11.66% increase from the same period in 2024. This steady increase indicates that more buyers are actively seeking acreage properties in the area, contributing to the market’s overall growth.

Several factors contribute to this uptick in sales, including the desire for more space, the ongoing shift to rural living, and the appeal of the peaceful, expansive environment that Parkland County offers.

Parkland County Average Sale Price

The average sale price for acreage properties in Parkland County reached $617K in April 2025, a 7.09% increase from April 2024. This increase, while not as dramatic as the rise in asking prices, indicates that sellers are still able to achieve higher prices than in previous years. It also suggests that buyers are still willing to pay a premium for acreage properties in Parkland County.

Year-to-date, the average sale price has risen to $628K, marking a 2.57% increase compared to the same period in 2024. The growth in average sale prices reflects continued interest in acreage properties, especially as buyers seek more space and privacy in the wake of the ongoing shift to rural living.

Ask to Sell Ratio: Seller Confidence

The average ask to sell ratio of 0.986 for April 2025 shows that properties are generally selling very close to their asking prices. This is a positive sign for sellers, as it indicates that the market is strong and that buyers are willing to pay near the asking price to secure a property.

The slight increase in this ratio from 0.979 in April 2024 reflects seller confidence, as properties are being priced appropriately and are in demand. This trend is favourable for sellers looking to capitalize on the current market conditions.

Average Days on MLS®

One of the most telling statistics in the April 2025 market update is the 45.79% decrease in the average number of days on market. Acreage properties are selling much faster now, with the average time to sell dropping to just 58 days in April 2025 compared to 107 days in April 2024. This suggests that demand is outpacing supply, causing properties to be snapped up more quickly.

Faster sales are often an indicator of a seller’s market, where competition for properties is high. Buyers need to act quickly when they find a property they like to avoid missing out on opportunities. Sellers, on the other hand, can benefit from quicker sales and might be able to sell at a higher price if the right buyer is found in a timely manner.

What Do These Trends Mean for Buyers and Sellers?

For buyers, the rise in prices and the reduced number of listings means that competition is likely to be high. Buyers should be prepared to act quickly when they find a property that fits their needs and budget. Additionally, it may be wise to get pre-approved for financing and work with an experienced agent who can help navigate this competitive market.

For sellers, the current market conditions are favoruable. With high demand, rising prices, and quick sales, it’s a great time to list an acreage property. However, sellers should still price their properties strategically and ensure that they are properly marketed to reach the right buyers.

Conclusion: The Parkland County Acreage Market in 2025

The Parkland County acreage market in 2025 continues to show strong growth, with increasing prices, faster sales, and continued demand for rural properties. While the market remains competitive, both buyers and sellers have opportunities to thrive by understanding the trends and preparing accordingly. Whether you’re looking to buy a peaceful retreat in the country or sell your acreage property for a profit, the current market conditions are favourable for those who are informed and ready to act.

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

Parkland County Website

Edmonton Real Estate Market Trends and Insights • 9 May 2025

Edmonton Real Estate Market Update – April 2025

by Christina Reid

Edmonton Real Estate Market Century 21 Leading Realtor Chris Reid

Edmonton Real Estate Market Update – April 2025

As we move through 2025, the Edmonton real estate market continues to show signs of growth, despite some fluctuations in sales activity. With significant increases in both prices and new listings, the Edmonton market remains competitive. In this blog, we’ll dive into the latest trends, key statistics, and what buyers and sellers can expect from the Edmonton housing market in the months ahead.

Below Graphs Are Interactive.

Edmonton New MLS® Listings

In April 2025, 3.20K new listings were added to the market, which is a 10.09% increase compared to the same month in 2024. This increase in new listings is a positive sign for buyers, as it indicates that more homes are becoming available on the market, offering more options for those looking to purchase.

What Does This Mean for Buyers and Sellers?

For buyers, the rise in new listings means more opportunities to find the home that suits your needs. While inventory remains relatively tight, this increase in new properties may help alleviate some of the competition. However, desirable homes in popular neighbourhoods will continue to see multiple offers, so it’s important to act quickly when you find a property you’re interested in.

For sellers, while the increase in new listings may mean more competition, it also signals that the market is still in demand. Homes that are well-priced and well-presented will continue to attract buyers, and pricing your home strategically is key to standing out in a crowded marketplace.

Average List Price Edmonton Real Estate Market

One of the standout figures in the Edmonton market is the average sale price, which rose to $444K in April 2025, marking a 7.19% increase from April 2024. This increase in home prices aligns with the broader trend seen across many parts of Canada, where low inventory, strong demand, and economic factors continue to drive prices higher.

What’s Behind the Increase in Prices?

Demand Outpaces Supply: The rise in prices is primarily due to the ongoing imbalance between supply and demand. While the number of new listings has increased, it’s still not enough to keep pace with the demand from buyers.
Increasing Construction Costs: New construction is driving higher home prices as building materials and labor costs continue to rise. These costs directly affect the price of newly built homes, pushing the average sale price higher across all sectors of the market.
Desirable Location: Edmonton remains a key city for both first-time buyers and investors. The combination of affordable living compared to other major cities, a diverse job market, and an array of amenities makes Edmonton a very attractive place to buy property.

For buyers, this means that purchasing a home in Edmonton may continue to be more expensive as the average sale price continues to rise. Acting sooner rather than later may be beneficial if you want to lock in a price before it increases further.

For sellers, the increase in prices provides a great opportunity to list your property and potentially secure a strong sale price. The market conditions are favourable for sellers, especially if your home is well-maintained and priced appropriately.

Home Sales In The Edmonton Real Estate Market

In April 2025, Edmonton experienced a slight decline in the number of properties sold, with 1.94K homes sold, reflecting an 11.52% decrease compared to the same period in 2024. However, the overall market shows positive signs as the year-to-date (YTD) sales have only decreased by 1.59% compared to the previous year, with 6.39K homes sold so far in 2025.

Edmonton Average Home Sale Price

Ask to Sell Ratio

The ask-to-sell ratio for Edmonton in April 2025 was 99.2%, indicating that homes are selling very close to their asking prices. This shows that sellers are getting strong offers that align with their expectations. It also reflects a competitive market where buyers are willing to meet or approach asking prices, especially for well-priced and desirable properties.

Edmonton Real Estate Market -Average Days

One of the more encouraging trends for sellers is the decrease in the days on market. Homes in Edmonton are selling in an average of 43 days in April 2025, a 15.69% decrease compared to April 2024. This indicates that properties are moving faster and suggests a quick-moving, competitive market.

Why Are Homes Selling Faster?

Strong Buyer Demand: With homes in demand, buyers are making quicker decisions and offers on properties they are interested in. As competition rises, homes that are priced correctly are selling faster.
Effective Pricing Strategies: Homes that are priced appropriately are seeing quicker sales. Sellers who are strategic about pricing are likely to see their homes sell in a timely manner.
Appealing Homes: Homes that are move-in ready, well-maintained, and staged effectively tend to sell faster. Buyers are more likely to make offers on properties that present well and require minimal work.

For buyers, this means that if you find a home you like, it’s important to act quickly. Homes are not staying on the market for long, and you may miss out if you hesitate.

For sellers, the decrease in days on market is a positive sign. Homes that are properly priced and well-presented are moving quickly, meaning you could see a quicker return on your investment with the right approach.

Edmonton’s real estate market in April 2025 shows strong growth, with rising prices, more listings, and homes selling faster. While the number of properties sold has decreased slightly, the overall market remains competitive and active. Buyers and sellers alike need to be prepared for a fast-paced market where pricing strategies and quick decisions are key.

For buyers, the increase in prices and competition means that acting quickly and being prepared to make strong offers is essential. For sellers, now is a great time to list your home, with the market remaining favourable for those who price their properties appropriately and present them well.

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.

Looking to buy or sell in Edmonton? CONTACT CHRIS REID

City of Edmonton Website

Spruce Grove Real Estate: Market Trends and Investment Opportunities • 9 May 2025

Spruce Grove Real Estate Market: April 2025 Update

by Christina Reid

Spruce Grove Real Estate Century 21 Leading Chris Reid

Spruce Grove Real Estate Market: April 2025 Update

As we enter the second quarter of 2025, the Spruce Grove real estate market presents notable shifts, with increasing prices despite a slight dip in sales. For both buyers and sellers, it’s crucial to understand the current trends to make informed decisions in this ever-evolving market.

The below graphs are interactive

New MLS® Listing Count

There were 154 new listings in April 2025, an 8.88% decrease from 2024. However, the total number of listings year-to-date shows only a slight decline of 2.13%, with 552 listings this year compared to 564 last year.

Average Listing Price in Spruce Grove

In April 2025, the average asking price in Spruce Grove reached $513K, a remarkable 9.92% increase from April 2024. Year-to-date data shows a 13.62% rise in asking prices compared to last year, indicating a robust market despite fewer listings.

Home Sales Spruce Grove

In April 2025, 123 properties were sold, marking a 19.61% decrease compared to the same month in 2024. This decline in sales reflects broader market conditions that are affecting many regions. Year-to-date (YTD) 2025 sales show a decrease of 3.96%, with 388 properties sold in comparison to 404 last year.

Spruce Grove Average Home Sale Price

The average sale price of homes in Spruce Grove has seen a significant increase. In April 2025, the average sale price was $477K, reflecting a 12.87% rise compared to April 2024. Year-to-date, the sale price has risen by 16.64%, from $408K in 2024 to $476K in 2025. This increase highlights the growing demand for homes in Spruce Grove and the area’s ongoing appeal to buyers.

Average Ask to Sell Ratio:

The average ask-to-sell ratio for Spruce Grove properties was 1.006 in April 2025, which represents a 1.36% increase from the same month in 2024. This ratio indicates that sellers are, on average, receiving slightly more than their asking price, which is a positive sign for homeowners looking to list their properties.

Days on Market Until Sale

The average number of days on market for properties in Spruce Grove dropped significantly in April, with homes selling in an average of 52 days—13.33% faster than the 55 days seen in April 2024. This decrease suggests increased buyer activity despite the overall sales drop.

Market Insights for Buyers and Sellers

For buyers, it’s crucial to act fast, as homes are selling 13.33% faster than last year. With a rising average sale price, prospective buyers should be prepared for potentially higher home costs, particularly in desirable neighbourhoods. Financing options, including securing a mortgage pre-approval, have become even more critical for navigating this competitive market.

For sellers, the market remains favourable. With the average asking price and sales price rising, there’s potential for solid returns on homes, especially for those who list with the right strategy. Homes are selling faster, and the ask-to-sell ratio suggests that competitive offers are common.

Conclusion: What’s Next for Spruce Grove’s Real Estate Market?

As we move forward in 2025, Spruce Grove’s real estate market continues to show resilience. Despite fewer sales, rising prices and faster selling times demonstrate ongoing demand for homes in this vibrant community. Whether you’re a buyer or a seller, understanding these trends and working with a local real estate expert will help ensure success in this dynamic market.

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.

City of Spruce Grove Website

Stony Plain Real Estate: Market Trends and Investment Opportunities • Stony Plain Real Estate: Market Trends and Investment Opportunities • Stony Plain Real Estate: Market Trends and Investment Opportunities • 9 May 2025

Stony Plain Real Estate Market Update | April 2025

by Christina Reid

Stony Plain Real Estate Century 21 Leading Realtor Chris Reid

Stony Plain Real Estate Market Update | April 2025: Trends, Insights, and Opportunities

The Stony Plain real estate market has experienced several shifts in 2025 compared to the previous year. Despite a slight decrease in the number of properties sold, the average sale price has significantly increased, signalling that demand for homes in this growing area remains strong.

Below Graphs Are Interactive

Stony Plain Real Estate – New MLS® Listings

New listings in Stony Plain have dropped by 22.86% from April 2024, with 54 new listings this month. YTD, new listings are up by 10.05% from last year, suggesting that more homeowners are opting to list their properties in the first quarter of 2025.

Average Asking Price of Homes in Stony Plain

The average asking price for homes in Stony Plain has decreased by 3.26% from last year, currently sitting at $431,000.

Stony Plain Home Sales

In April 2025, 49 properties were sold, representing a 12.50% decrease compared to the same month in 2024. However, year-to-date (YTD), 162 properties have been sold, reflecting only a minor drop of 1.82% from 2024.

Average Home Sale Price

As of April 2025, the average sale price in Stony Plain is $457,000, showing a significant 12.39% increase from last year. Year-to-date, the average sale price is $402,000, reflecting a 4.81% increase from 2024.

Ask to Sell Ratio: The average ask to sell ratio stands at 99.8%, reflecting an uptick from last year’s ratio of 98.7%, which indicates that homes in Stony Plain are selling very close to their asking price.

This upward trend in sale prices coupled with the high ask-to-sell ratio suggests that sellers in Stony Plain are seeing more favourable conditions, while buyers can still find competitive deals with the right strategies.

Average Days on Market

Homes in Stony Plain are selling more quickly in 2025. The average number of days a home stays on the market before being sold is now 34 days, which is a dramatic 44.26% decrease from the previous year when homes took an average of 46 days to sell. This is a positive sign for sellers who are looking for quicker transactions.

What This Means for Buyers and Sellers

For Buyers: Despite a decrease in the number of properties sold, the market is still competitive, with fewer homes on the market and faster sales. Buyers should act quickly and be prepared for potential bidding wars. The increase in average sale prices highlights the importance of working with a knowledgeable real estate agent to navigate the market and make informed offers.
For Sellers: The market is favorable for sellers, with homes selling at or close to their asking prices. Sellers who price their homes competitively can expect quicker sales, as evidenced by the reduced days on market. However, with fewer listings available, there is a higher chance of your property standing out in the market.

Looking Ahead

As we move further into 2025, Stony Plain’s real estate market shows promise for both home buyers and sellers. The market is balancing itself between demand and supply, with an increase in sale prices and a decrease in days on market indicating a seller-friendly atmosphere.

For those interested in buying or selling in Stony Plain, understanding these market dynamics and having expert guidance will help ensure success in this evolving market.

If you’re considering buying or selling in Stony Plain, contact Christina Reid, REALTOR®, for expert guidance and personalized service.

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.

Town of Stony Plain Website