Sherwood Park Real Estate: Market Trends and Investment • 5 June 2025

Sherwood Park Real Estate Market Update: May 2025 Statistics

by Christina Reid

Sherwood Park real estate Century 21 Leading Realtor Chris Reid

Sherwood Park Real Estate Market Update: May 2025 Statistics

The Sherwood Park real estate market in May 2025 tells a compelling story: While the number of homes sold has decreased, property values have surged, indicating a unique mix of supply constraints and rising buyer demand. Whether you’re planning to buy, sell, or simply stay informed, this comprehensive update provides detailed insight into the current trends shaping Sherwood Park’s housing market.

📊 Key Sherwood Park Real Estate Statistics – May 2025

Let’s begin with a breakdown of the latest numbers and what they mean for buyers and sellers in the community.

Metric	May 2025	% Change (YoY)
Sold Properties	141	-16.07%
YTD Sold Properties	588	-7.69%
Average Asking Price	$508,000	-0.63%
YTD Avg. Asking Price	$509,000	+4.71%
New Listings	205	-4.65%
YTD New Listings	781	-1.64%
Days on Market	25 days	-28.57%
YTD DOM	33 days	-28.26%
Average Sale Price	$537,000	+14.84%
YTD Avg. Sale Price	$496,000	+8.04%
Average Ask to Sell Ratio	1.013	+1.12%

Interactive bar graphs

Sherwood Park New MLS® Listings

🏘️ New Listings Slightly Down: A Tighter Inventory

May saw 205 new listings, a 4.65% decrease from the same time last year. Year-to-date, Sherwood Park has seen 781 new listings, which is 1.64% fewer than in 2024.

With fewer homes entering the market and faster selling times, inventory levels remain tight. This limited supply is a key factor in driving up home prices and increasing the competitiveness of the market.

🏷️ Ask Prices Are Stable – But Buyers Are Paying More

Interestingly, the average asking price in May was $508,000, a slight 0.63% decline from May 2024. However, the average sale price was higher, leading to an ask-to-sell ratio of 1.013. This means, on average, homes sold for 1.3% over asking price—a strong indicator of multiple-offer scenarios and bidding wars.

Sellers should take note: pricing your home strategically just below market value may generate more interest and competitive bids, resulting in a sale price that exceeds expectations.

Sherwood Park Home Sales

🏡 Sales Volume Declines

The most noticeable trend in the Sherwood Park real estate market for May 2025 is the decline in the number of properties sold, dropping by 16.07% compared to the same month last year. Year-to-date, 588 homes have sold, representing a 7.69% decrease over 2024.

While some might see declining sales as a negative indicator, it’s essential to understand this within the broader context: housing prices are on the rise. This divergence suggests the market is being driven by supply-side pressures—there are fewer homes available, but those that do sell are commanding significantly higher prices.

Average Sale Price

💵 Sharp Increase in Sale Prices Signals High Demand

In May 2025, the average sale price in Sherwood Park rose to $537,000, a 14.84% increase from May 2024. This is a substantial leap and illustrates that, despite fewer transactions, buyer demand remains strong and competitive.

When we look at the year-to-date figures, the average sale price sits at $496,000, up 8.04% from the same period last year. This consistent upward trajectory in property values points to ongoing buyer confidence and perceived value in the Sherwood Park community.

🏷️ Ask Prices Are Stable – But Buyers Are Paying More

Sellers should take note: pricing your home strategically just below market value may generate more interest and competitive bids, resulting in a sale price that exceeds expectations.

Average Days on Market

⌛ Homes Are Selling Faster

Homes in Sherwood Park are not only selling for more—they’re selling faster. The average days on market dropped to just 25 days in May, a significant 28.57% reduction year-over-year. Year-to-date, homes are selling within an average of 33 days, which is 28.26% faster than in 2024.

This rapid turnover highlights the urgency among buyers and the effectiveness of pricing strategies by sellers. Homes priced appropriately are receiving offers quickly, often at or above asking price.

🌟 What This Means for Buyers

Buyers looking in Sherwood Park need to be:

Pre-approved and ready to act quickly: With homes selling fast, delays in financing can cost you the home.
Prepared for competition: Be ready for potential bidding wars, especially for homes in prime neighbourhoods.
Flexible on must-haves: Due to low inventory, the perfect home might be harder to find—prioritize needs vs. wants.
Working with an expert local agent: In a competitive market, having professional guidance is essential to navigate negotiations and timelines.

💰 What This Means for Sellers

If you’re thinking of selling, now might be the perfect time. Here’s why:

Higher prices: Homes are selling for more than ever, often above asking.
Faster sales: The average time on market is down to 25 days.
Strong buyer demand: Despite fewer sales, the competition among buyers remains high.
Favourable market conditions: With limited inventory, sellers are in a strong position to negotiate on price and terms.

To maximize your return, ensure your home is well-presented, staged, and professionally marketed—and partner with a Realtor® who understands local trends.

📍 Neighbourhoods to Watch in Sherwood Park

While all of Sherwood Park benefits from its strong community vibe, some neighbourhoods continue to shine:

🌳 Lakeland Ridge

Popular among families due to its top-rated schools and parks, Lakeland Ridge offers a balanced mix of affordability and quality living.

🛍️ Emerald Hills

With nearby shopping centres and modern amenities, Emerald Hills continues to attract professionals and retirees alike.

🏞️ Heritage Hills

For those seeking mature lots, tree-lined streets, and a quiet environment, Heritage Hills is a consistent favourite.

🚸 Summerwood

Newer developments and proximity to major roads make this a hotspot for young families and first-time buyers.

🧭 Where Is the Market Headed?

Based on current trends, the Sherwood Park market is likely to remain robust throughout the summer of 2025. While sales volume may continue to decline slightly due to inventory shortages, prices are expected to remain strong or even continue increasing.

Interest rates, job market stability, and continued migration into the Greater Edmonton Area will all play a role in how the market evolves, but Sherwood Park remains one of the most resilient and desirable locations in the region.

🧠 Expert Tips for Navigating the 2025 Market

For Buyers:

Don’t wait too long: Prices are rising, and homes are selling faster. Lock in a home before rates or values rise further.
Expand your search: Consider homes just outside your preferred area or with potential for renovation.
Get pre-approved: This gives you a competitive edge in multiple-offer situations.

For Sellers:

Stage and declutter: A well-staged home can increase perceived value.
Price smartly: A slight underpricing strategy can lead to higher sale prices through competition.
Market widely: Use professional photos, virtual tours, and social media to reach more buyers.

🔚 Conclusion: Sherwood Park Remains a Smart Investment

In summary, May 2025 brought higher prices, faster sales, and tight inventory to the Sherwood Park real estate market. Despite a drop in overall sales volume, the market is tilted in favour of sellers, while buyers must act fast and be strategic.

Data provided by the REALTORS® Association of Edmonton and subject to change. Always consult with a real estate professional for the most current market information.

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

Strathcona County Website

Devon, Alberta: Real Estate Market Trends and Investment Opportunities • 5 June 2025

Devon Real Estate Market Update: May 2025 Statistics

by Christina Reid

Devon real estate Century 21 Leading Realtor Chris Reid

Devon Real Estate Market Update: May 2025

The Devon real estate market shows signs of shifting dynamics. The latest statistics reveal notable trends in sold properties, pricing, days on market, and new listings that are important for anyone looking to buy or sell in the area. This in-depth blog will explore those numbers and explain what they mean for your real estate goals.

Interactive bar graphs

Devon New MLS® Listings

21 new listings hit the market in May 2025, a 23.53% increase from May 2024. The YTD numbers show 70 new listings, nearly flat compared to 71 last year (down just 1.41%).

This uptick in monthly listings signals a possible rebalancing: with more homes available and buyer activity easing slightly, Devon’s market could be transitioning from a seller’s market toward a more balanced or buyer-friendly environment.

Average List Price

The average asking price in May 2025 was $397,000, an 8.98% increase from May 2024. Sellers are clearly holding firm on their listing prices, possibly encouraged by the quality of homes on the market or confidence in long-term property values.

Year-to-date, the average asking price in Devon has climbed to $491,000, up 19.49% from $411,000 at the same time last year. This indicates a continued seller expectation that values in Devon will appreciate over time — a strong sign for future growth, especially with the town’s proximity to Edmonton and appealing lifestyle.

Devon Home Sales

In May 2025, 13 homes were sold in Devon, marking a 40.91% decrease from May 2024 when 22 properties sold. This notable drop in activity may signal a shift in buyer behaviour, possibly due to economic uncertainty, rising borrowing costs, or a lack of urgency compared to the post-pandemic market rush.

Looking at the broader picture, year-to-date (YTD) sales also declined. In 2025, 53 homes have sold so far compared to 60 by the same time in 2024, an 11.67% decrease.

This dip could point to buyer hesitation or increasing competition from surrounding communities. However, the real story lies in how pricing and inventory trends are reacting to this slowdown.

Average Sale Price

Buyers should take note: although asking prices have gone up, the average sale price in May 2025 hit $407,000, a 1.79% increase from May 2024. While this rise is modest, it demonstrates continued buyer willingness to meet seller expectations.

Year-to-date, however, tells a slightly different story. The average sale price across all of 2025 is $407,000, a 3.27% decrease from $421,000 in 2024. This cooling may reflect a more cautious buyer pool, increasing negotiation power, or a shift toward lower-priced housing segments.

The key takeaway? Devon’s market still supports healthy pricing, but buyers may have more room to negotiate than they did in the previous two years.

Ask-to-Sell Ratio:

The ask-to-sell ratio in May 2025 was 1.000, meaning homes sold for exactly the listed price on average. However, this is a slight 0.99% decline from the previous year.

Year-to-date, the ratio is sitting at 0.996, which is virtually unchanged from 2024. This ratio confirms that while sellers may be listing higher, buyers are not overpaying — the market is negotiating to a middle ground.

Average Days on Market

One of the most dramatic changes in Devon’s market is how long it’s taking homes to sell.

In May 2025, the average days on market soared to 77, a 140.63% increase from the 32 days recorded in May 2024. Year-to-date, homes are averaging 49 days on market, compared to 43 days last year — a 13.95% increase.

Longer selling times suggest buyers are moving more slowly, evaluating options more thoroughly, or that some listings are overpriced for current market conditions. This can create both challenges and opportunities:

For Sellers: Pricing strategically is now more important than ever.
For Buyers: There’s more time to view properties, negotiate terms, and avoid rushed decisions.

Devon as a Community – Still a Prime Location

Despite the shifting market stats, the community of Devon remains one of the most attractive small towns in the Edmonton region. With easy access to major highways, the airport, and downtown Edmonton, Devon attracts:

Young families looking for safe, affordable neighbourhoods
Retirees seeking peace and green space
Investors looking for long-term upside in a growing community

Its river valley location, abundant trails, and community amenities provide long-term appeal, which continues to bolster property values and demand.

What This Means for Buyers

If you’re a buyer in May 2025:

More Time to Decide: Longer days on market give you more breathing room.
Increased Inventory: More listings mean more selection.
Negotiation Leverage: With sale prices slightly trailing list prices, buyers have more wiggle room to negotiate.

Now is a great time to work with a local REALTOR® who can guide you through current listings, assess fair market value, and ensure you’re making a smart investment in Devon’s still-promising market.

What This Means for Sellers

If you’re thinking about selling in Devon:

Be Strategic with Pricing: Overpricing may lead to extended days on market.
Market Presentation Matters: Homes that are staged well and priced fairly are still selling.
Work With a REALTOR®: Navigating a changing market means expert guidance is critical. From pricing advice to marketing strategy, the right real estate professional makes all the difference.

Investors: Keep Your Eye on Devon

Devon offers stable long-term growth, especially for investors interested in rental properties or buying to renovate. While the average sale price has dipped slightly YTD, the upward trend in asking prices indicates that confidence in Devon’s value remains strong.

With a healthy mix of buyers, a solid rental base, and continued community investment, Devon presents a smart opportunity for the savvy investor — particularly if current market softness allows for favourable entry points.

Final Thoughts: Devon’s Market in Transition, But Opportunity Remains

The Devon real estate market in May 2025 presents a story of balance, transition, and long-term confidence. While some indicators point to a slowdown — like fewer sales and longer days on market — others show resilience, including steady sale prices and rising asking prices.

Whether you’re buying, selling, or investing, Devon offers a welcoming environment and strong future potential. Navigating this shifting market requires data-driven decisions and expert insight — and now is the perfect time to act with clarity and 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 Devon real estate market contact Chris Reid

Town of Devon Website

Leduc, Alberta Real Estate Market Trends and Investment Opportunities • 5 June 2025

Leduc Real Estate Market Update: May 2025 Statistics

by Christina Reid

Leduc real estate Century 21 Leading Realtor Chris Reid

Leduc Real Estate Market Update: May 2025

The Leduc real estate market continues to shift in intriguing ways. With its strategic location just south of Edmonton, Leduc has grown in popularity among families, investors, and individuals seeking an affordable yet connected lifestyle. As of May 2025, recent data suggests a strong seller’s market in some areas, while also revealing a softening in certain segments. Whether you’re buying, selling, or watching from the sidelines, staying informed about local trends is essential.

Let’s dive deep into what the latest statistics reveal about the real estate market in Leduc, Alberta, as of May 2025—and what it means for you.

📈 Market Snapshot: May 2025

According to the REALTORS® Association of Edmonton, the following are the key performance indicators for Leduc in May 2025:

Metric	Value	YoY Change
Sold Properties	99	↓ 7.48%
Year-to-Date Sold Properties	369	↓ 6.82%
Average Asking Price	$501,000	↓ 14.45% (MoM)
Year-to-Date Avg Asking Price	$509,000	↑ 3.34%
Average Sale Price	$454,000	↑ 8.84%
Year-to-Date Avg Sale Price	$441,000	↑ 6.92%
New Listings	142	↑ 10.94%
Year-to-Date New Listings	530	↑ 8.16%
Days on Market	32	↓ 20.00%
Average Ask-to-Sell Ratio	0.991	Slight ↓

Interactive bar graphs

Leduc New MLS® Listings

May brought a welcome increase in housing inventory in Leduc. There were 142 new listings, up 10.94% YoY, and 530 YTD, up 8.16%.

A growing inventory can be a double-edged sword:

For buyers, it offers more options, reduces competition, and increases negotiating power.
For sellers, more listings mean more competition. However, with strong demand and reduced days on market, properties priced appropriately are still moving quickly.

Average List Price

Average Asking Price: $501,000 in May, a notable 14.45% drop from April. So why the drop in asking prices? One explanation may be a correction in seller expectations. After several months of price escalation, sellers may be adjusting their listings to align more closely with actual market conditions. This recalibration is healthy for market stability and may actually encourage more activity, as buyers perceive better value.

Leduc Home Sales

The number of homes sold in May decreased by 7.48% compared to the same month last year. Year-to-date (YTD), Leduc has seen 369 homes sold, marking a 6.82% decrease from YTD 2024.

This drop in transaction volume may raise eyebrows, but it doesn’t necessarily spell trouble for sellers. In fact, homes are selling faster and for more money, despite fewer transactions. This signals that buyers remain motivated, particularly when properties are priced correctly and well-presented.

Average Sale Price

Average Sale Price: $454,000, showing a healthy 8.84% increase YoY.

📉 Ask-to-Sell Ratio: Sellers Getting What They Ask

Leduc’s ask-to-sell ratio for May stands at 0.991, meaning homes are selling for roughly 99.1% of their asking price. Although this is a slight dip from earlier in the year, it’s still very strong. In balanced markets, ratios between 97-98% are considered healthy.

A high ask-to-sell ratio suggests that homes are being priced accurately or that buyers are willing to meet the price due to the desirability of the property and market conditions.

Average Days on Market

⏳ Time on Market: Speeding Up

One of the most compelling metrics this month is the average number of days on market. Homes in Leduc are now selling in just 32 days on average, a 20% reduction from the previous year.

This speaks volumes about demand. Even with higher borrowing costs due to national interest rates, Leduc buyers are making fast decisions. This is likely due to a combination of strong demand, limited inventory of quality homes, and rising rents pushing people to buy instead of lease.

🏡 Neighbourhood Appeal and Local Growth

Leduc continues to be an attractive option for many buyers relocating from Edmonton or other nearby communities. Here’s why:

Affordability: Compared to Edmonton or St. Albert, Leduc often offers more square footage and newer homes for a lower price per square foot.
Accessibility: With proximity to the Edmonton International Airport and QE2 Highway, Leduc is ideally located for commuters and frequent travellers.
Lifestyle Amenities: Schools, parks, shopping centres, and recreational amenities like the Leduc Recreation Centre make it a family-friendly destination.
New Developments: Communities like West Haven, Meadowview, and Black Stone continue to attract buyers with modern layouts, walkability, and energy-efficient builds.

🧾 What This Means for Buyers

Buyers in Leduc currently enjoy a relatively favourable market:

More Listings: More homes are coming online, giving you more choice.
Faster Market: Be ready to act quickly—homes are selling fast.
Strong Prices: Be prepared to pay close to asking price for well-located, move-in-ready homes.
Mortgage Strategy: Higher interest rates may reduce purchasing power. A pre-approval and rate lock can help ensure you get the home you want within budget.

Whether you’re looking for your first home, an upgrade, or a long-term investment, Leduc remains a smart option—especially as prices continue to rise year-over-year.

💰 What This Means for Sellers

If you’re thinking of selling your home in Leduc, the market conditions are on your side—if you plan strategically:

Price Right: Sellers who list in line with market value are seeing quicker sales and stronger offers.
Prep for Speed: With an average of 32 days on market, you’ll want to have your next move lined up quickly.
Leverage Demand: Well-marketed homes can still attract multiple offers if staged and promoted properly.

With higher YTD sale prices and a robust ask-to-sell ratio, now is an excellent time to list—before summer inventory levels increase even more.

🔮 Market Outlook: What’s Ahead for Leduc?

As we move into the summer, here are some forecasts for the Leduc housing market:

Slight Uptick in Inventory: Expect more listings in June and July, giving buyers additional options but increasing competition among sellers.
Steady Prices: Sale prices should remain strong through summer unless interest rates shift dramatically.
Speed Remains a Factor: Homes will continue to sell fast—especially in desirable neighbourhoods.
Opportunities in Townhomes and Entry-Level Detached Homes: With price increases in detached single-family homes, townhomes and duplexes could see a surge in demand from first-time buyers.

📣 Final Thoughts: Is Now a Good Time to Buy or Sell in Leduc?

Short answer: Yes—for both buyers and sellers, with the right preparation.

For buyers, May’s data indicates strong market activity with growing inventory. That means more options and better negotiating leverage—especially if you’re ready to move fast.
For sellers, demand is still outpacing supply in certain pockets, especially for homes that are priced appropriately, well-maintained, and located in popular neighbourhoods.

The Leduc market is not overheating, but it’s far from slowing down. It’s a balanced, healthy environment where informed decisions and good strategy matter.

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

Fort Saskatchewan Real Estate Market Statistics • 5 June 2025

Fort Saskatchewan Real Estate Market- May 2025

by Christina Reid

Fort Saskatchewan Century 21 Leading Realtor Chris Reid

Fort Saskatchewan Real Estate Market May 2025

The Fort Saskatchewan real estate market continues to evolve in response to changing buyer demand, inventory trends, and price adjustments. The May 2025 market data offers a valuable snapshot into what both buyers and sellers can expect this season. From a decline in sales to changes in average prices and a faster-paced market, the latest numbers reveal a dynamic and shifting environment.

Key Takeaways from the May 2025 Fort Saskatchewan Market

Sales activity decreased significantly in May, with 64 homes sold — a 34.69% drop compared to May 2024.
Year-to-date (YTD) sales were also down, with 337 homes sold in 2025, a 7.67% decrease from the same time last year.
The average sale price dropped to $409,000 in May 2025, a 3.40% decrease compared to May 2024.
The average days on market fell to 30 days, a 41.18% improvement, indicating faster sales.
The number of new listings increased by 3.09%, with 100 new homes listed in May.
The average asking price declined by 7.01%, settling at $446,000 for May 2025.
Sellers are still getting nearly full asking price, with an ask-to-sell ratio of 0.999.

Bar Graphs Below Are Interactive

Fort Saskatchewan New MLS® Listings

May 2025 saw 100 new listings, a modest 3.09% increase from May 2024. Year-to-date, there have been 447 listings, nearly flat compared to 446 last year.

This small uptick could signal growing seller confidence as homeowners respond to buyer interest sparked by the spring season.

Fort Saskatchewan Average List Price

The average asking price in May 2025 was $446,000, a 7.01% decrease from May 2024. Year-to-date, the average ask sits at $448,000, reflecting an 8.91% decrease from 2024’s $492,000.

This decline suggests that sellers are adjusting their price expectations to remain competitive. It also indicates a shift away from the peak pricing we saw during the boom of previous years.

Fort Saskatchewan Home Sales

In May 2025, there were 64 sold properties, a sharp 34.69% decrease compared to the 98 homes sold in May 2024. Year-to-date, 337 homes have sold, down 7.67% from the 365 homes sold in the same period last year.

This notable dip may reflect a combination of market fatigue, interest rate sensitivity, and affordability concerns. It may also be seasonal normalization following unusually high activity in recent years.

Fort Saskatchewan Average Home Sale Price

The average sale price for May 2025 came in at $409,000, a 3.40% drop from last year’s $423,000. Year-to-date, the average is $412,000, down 3.17% from 2024’s $426,000.

Though prices are lower, this creates buying opportunities for those entering the market — especially first-time buyers and down-sizers.

Fort Saskatchewan saw an ask-to-sell ratio of 0.999, which means homes are selling for just under their list price — a strong indication that sellers are pricing accurately and buyers are willing to pay near full value.

This figure is slightly up from 0.994 a year earlier and reinforces the importance of smart pricing in today’s market.

Average Days on Market

One of the most telling stats is the improvement in the average days on market, which has dropped to just 30 days — a 41.18% reduction from May 2024. YTD, it now sits at 46 days, down from 68 days a year ago.

This points to a more efficient market. Buyers are acting faster, and homes that are properly priced and marketed are selling swiftly.

🔍 Analysis: What These Trends Mean for You

🧑‍💼 For Sellers

If you’re selling in Fort Saskatchewan, the data indicates that well-priced homes are moving quickly. While the average sale price has dipped, homes are still selling at nearly full asking price and in much less time.

Tips for Sellers:

Price Strategically – Avoid overpricing. The market rewards accuracy.
Focus on Presentation – Clean, stage, and photograph your home professionally.
Act Quickly – The spring window can be short. Don’t delay your listing.
Work with a Local Expert – Market knowledge is key in this shifting environment.

🧑‍💼 For Buyers

For buyers, the drop in prices is an advantage, but competition remains, especially for well-located and updated homes. With homes selling faster, it’s important to be financially prepared and ready to act quickly when you find the right property.

Tips for Buyers:

Get Pre-Approved – Know your budget and lock in rates early.
Be Offer-Ready – In a market with reduced DOM, delays can cost you a home.
Explore All Options – Some listings may offer more value than they appear to at first glance.
Negotiate Smart – Even in a tight market, there may be room to negotiate based on inspection findings or flexible timelines.

🏙️ Why Fort Saskatchewan Remains a Desirable Market

Despite the recent cooling in numbers, Fort Saskatchewan remains one of Alberta’s most attractive small cities for homeownership. It offers:

Proximity to Edmonton, with easy commuting access
Strong local economy, bolstered by petrochemical and industrial sectors
Family-friendly neighbourhoods with parks, trails, and great schools
A mix of housing options, from starter homes to luxury properties

With more attainable price points than Edmonton and faster commute times than other bedroom communities, Fort Saskatchewan continues to draw interest from a wide range of buyers.

📅 What to Expect in the Coming Months

The second half of the year will likely see continued adjustments as both buyers and sellers respond to broader economic signals, including:

Potential interest rate cuts
Stabilizing inflation
New construction inventory releases
Shifting consumer confidence

Expectations:

Continued price stability, with possible modest declines in some property types
Fewer listings than historical averages, creating continued demand
Consistent demand from first-time buyers and people relocating, especially those priced out of Edmonton

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 • 5 June 2025

St. Albert Real Estate Market Update: May 2025

by Christina Reid

St. Albert Homes Century 21 Leading Realtor Chris Reid

St. Albert Real Estate Market Update: May 2025

The St. Albert real estate market continues to display resilience, growth, and unique trends that both buyers and sellers should be aware of. May 2025 brought a combination of price increases, a shift in buyer activity, and impressive year-over-year metrics that confirm St. Albert’s status as one of the Edmonton area’s most sought-after communities.

Whether you’re a homeowner considering selling, a first-time buyer, or an investor looking to expand your portfolio, understanding these changes is key to making smart, informed real estate decisions.

Bar Graphs Below Are Interactive

St. Albert New Listing Count

New Listings Remain Flat

228 new listings in May 2025
+0.88% year-over-year increase
YTD listings: 918, up 5.88%

Inventory is increasing, but only marginally. This indicates that although more homeowners are listing, it’s not enough to fully meet buyer demand—another factor contributing to rising sale prices.

Average List Price

Average Asking Price Increases

$580,000 average asking price in May 2025
+10.68% increase from May 2024
YTD average: $566,000, up 5.52%

While the average asking price is still slightly lower than the average sale price, the year-over-year gains show sellers have become more confident in pricing higher. This trend points to a strong seller’s market, where demand is clearly outpacing supply.

St. Albert Home Sales

Sales Activity Softens Slightly

158 homes sold in May 2025
-13.19% decline from May 2024
YTD 2025: 626 homes sold, up 4.33%

The monthly sales volume saw a modest dip, but the year-to-date growth still paints a positive picture. With fewer homes sold in May, the decrease may indicate slight buyer hesitation due to rising prices or limited options.

Average Sale Price of Homes

Average Sale Price Surges

$593,000 average sale price in May 2025
+17.26% increase from May 2024
YTD average: $534,000, up 6.70%

This dramatic jump in average sale price is a standout statistic. Homes in St. Albert are not only maintaining their value—they’re appreciating rapidly. With strong demand, limited supply, and desirable community features, buyers are willing to pay a premium.

List-to-Sale Price Ratio Strong

1.009 in May 2025
Homes sold for 0.9% above asking
YTD ratio: 1.006, up 1.06% from 2024

This ratio confirms that multiple-offer scenarios are likely still common, and many homes are selling above list price—especially in high-demand neighbourhoods.

Days on MLS®

Homes Are Selling Faster

38 days on market in May 2025
-11.63% faster than May 2024
YTD average: 42 days, down 27.59%

The quicker turnover of properties highlights a fast-paced environment. For sellers, this means reduced time to close, and for buyers, it’s a sign to act fast when desirable properties become available.

🏡 Why Are St. Albert Home Prices Increasing?

The consistent rise in both sale and asking prices in St. Albert can be attributed to several core market factors:

1. Strong Community Appeal

St. Albert continues to rank as one of the best places to live in Alberta. With its excellent schools, family-friendly parks, and access to amenities, it’s especially attractive to growing families and working professionals.

2. Limited Inventory

While new listings are growing slowly, they aren’t keeping up with demand. This low supply-to-demand ratio naturally drives up prices and encourages faster, competitive bidding.

3. High Buyer Confidence

The strong ask-to-sell ratio and fast sales show that buyers are confident in St. Albert’s long-term value. Even as prices rise, they’re willing to compete for well-priced homes.

4. Commuter Convenience

Its proximity to Edmonton makes St. Albert ideal for commuters who want a suburban lifestyle while maintaining easy access to work and urban amenities.

🌿 Spotlight on Jensen Lakes

A major player in St. Albert’s real estate momentum is the award-winning lake community of Jensen Lakes. With access to private beaches, walking trails, and top-rated schools, this neighbourhood continues to draw interest from high-end buyers.

Increased buyer attention in Jensen Lakes is helping push up the city-wide average sale price, particularly as new builds and upgraded homes hit the market.

🔍 Neighbourhoods on the Rise

In addition to Jensen Lakes, the following St. Albert communities are seeing increased buyer activity:

Erin Ridge North – A newer community with larger, modern homes and plenty of green space
North Ridge – Offering quiet streets and newer builds, it remains a top pick for families
Oakmont – A premium riverside neighbourhood with mature trees and scenic walking trails

These areas have contributed to May’s high average sale price, especially with homes often selling above list price in multiple-offer scenarios.

🧠 Market Advice for Buyers

1. Get Pre-Approved

With prices rising, it’s essential to know your budget and lock in a mortgage rate as early as possible.

2. Act Fast

Homes are spending less time on the market. If you find a listing that suits your needs, don’t wait—schedule a showing and be prepared to write an offer.

3. Be Flexible on Closing Dates

With multiple buyers vying for the same property, flexibility on terms like possession dates can help your offer stand out.

4. Consider Older Inventory

Some homes may have been overlooked and offer potential value. Work with a REALTOR® to uncover hidden gems in the market.

💡 Market Advice for Sellers

1. Price for Strategy, Not Emotion

While the market is strong, overpricing can lead to your home sitting longer than average. Use current comparables to determine a compelling list price.

2. Stage and Prepare Your Home

Well-presented homes continue to sell above asking. Staging, decluttering, and professional photography can all contribute to a faster and higher sale.

3. Leverage the Spring Market

Spring and early summer remain the busiest times for real estate. With inventory still low, now is a great time to list if you want strong exposure and multiple offers.

📈 Year-to-Date Market Trends (Jan–May 2025)

Here’s a summary of how the year is shaping up so far in St. Albert:

Metric	YTD 2025	YTD 2024	% Change
Homes Sold	626	600	+4.33%
Avg. Sale Price	$534,000	$501,000	+6.70%
Avg. Asking Price	$566,000	$536,000	+5.52%
Days on Market	42 days	58 days	-27.59%
New Listings	918	867	+5.88%
Ask-to-Sell Ratio	1.006	0.995	+1.06%

This data paints a clear picture: while inventory is gradually rising, demand and pricing power remain firmly in favour of sellers.

🧭 Looking Ahead: What to Expect This Summer

As we move into the summer months, market activity is expected to remain strong. However, continued price appreciation may cause some buyer fatigue, especially among first-time buyers. Inventory will likely remain tight, particularly in the detached and semi-detached home segments.

Sellers who list in June and July may still see favourable pricing and quick sales, especially in high-demand neighbourhoods. Buyers will need to continue acting fast and submitting competitive offers.

Mortgage rates will also continue to play a role. Should interest rates remain steady or decrease slightly, it will likely spur further buyer activity—keeping pressure on pricing.

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

Edmonton Real Estate Market Trends and Insights • 5 June 2025

Edmonton Detached Single Family Home Sales May 2025

by Christina Reid

Single family homes Edmonton Century 21 Leading Realtor Chris Reid

Edmonton Detached Single Family Home Market: May 2025 Update

Edmonton detached single family real estate market continues to evolve in 2025, remaining at the heart of buyer interest. Whether you’re relocating, investing, upsizing, or downsizing, staying informed on the latest market conditions is essential for making confident real estate decisions. In this report, we take a deep dive into the numbers shaping Edmonton’s single-family housing market in May 2025 and break down what they mean for buyers, sellers, and investors.

🔍 Market Summary – May 2025

The Edmonton single-family home market remained active and resilient in May 2025. Here are the key statistics that shaped the market this month:

Metric	May 2025	YoY Change
Homes Sold	1,010	-9.19%
Average Asking Price	$621,000	+5.32%
Average Sale Price	$560,000	+2.72%
New Listings	1,890	+15.16%
Days on Market	39 days	-7.14%
Ask-to-Sell Ratio	1.000	+0.04%

Interactive bar graphs

Edmonton New Single Family Home Listings

One of the more optimistic indicators for May was the significant 15.16% increase in new listings, totaling 1,890 homes. This is great news for buyers, as it introduces more variety and choice into the market. On a YTD basis, new listings hit 6,790—up 7.33% from the same time in 2024.

This influx of inventory has helped slightly balance the scales between supply and demand, offering buyers a bit of breathing room in what was previously a very tight market.

Average Asking Price

The average asking price for a single-family home in Edmonton rose to $621,000, a 5.32% increase compared to May 2024.

Edmonton Single Family Home Sales

May 2025 saw a 9.19% year-over-year decrease in the number of single-family homes sold, with 1,010 properties changing hands. This brings the year-to-date (YTD) sales to 4,100—down 9.67% from the same time in 2024.

While this decrease may raise concerns at first glance, the dip in sales volume is likely due to a combination of rising interest rates, affordability pressures, and seasonal buyer hesitation—not a lack of demand. Despite fewer transactions, home values are holding firm and even climbing, as evidenced by the growing average prices.

Average Single Family Home Sale Price

The average sale price climbed to $560,000, up 2.72% from the same period last year.

On a year-to-date basis, the average sale price is $563,000, representing a 9.50% gain compared to YTD 2024. This price momentum signals continued confidence in the Edmonton housing market, especially among sellers pricing competitively and buyers eager to secure homes before further increases.

The ask-to-sell ratio remained strong at 1.000 in May 2025, essentially indicating that homes are selling at asking price on average. This 0.04% uptick from last year reflects balanced negotiations and realistic seller expectations. Over the year so far, the ratio sits at 1.000, compared to 0.994 at this time in 2024.

This metric is particularly encouraging because it shows that Edmonton sellers are pricing appropriately and that buyers are meeting the market value—helping to avoid protracted negotiations and quickening the transaction process.

Days on MLS®

Homes sold quicker in May 2025, with the average days on market dropping to 39 days, a 7.14% improvement over last year. On a year-to-date basis, homes are selling in just 49 days—13 days faster than YTD 2024.

This reduction in time on market indicates strong buyer demand and effective pricing strategies by sellers and REALTORS® alike. For buyers, this means the window of opportunity to act on a desirable listing is narrower, so working with a responsive and experienced agent is key.

🧠 What This Means for Buyers

If you’re thinking about buying a single-family home in Edmonton, there are both challenges and opportunities in today’s market:

✅ Opportunities:

More selection: The 15% increase in listings gives buyers more choice.
Stable pricing: While prices are climbing, the rate of increase has slowed, making planning easier.
Quick sales, but manageable: At 39 days on market, homes are moving, but buyers still have time to act decisively.

⚠️ Challenges:

Reduced sales may signal buyer caution: Interest rate sensitivity or affordability pressures may affect financing.
Competition remains: Quick sales suggest homes that show well and are priced right are still receiving strong interest.

Pro Tip: Get pre-approved before you shop and work closely with a REALTOR® to identify properties that meet your criteria and move swiftly when the right opportunity appears.

💼 What This Means for Sellers

If you’re a homeowner thinking of listing your property, May’s numbers suggest it’s a favourable market:

✅ Advantages:

Strong prices: Asking and selling prices are both up from last year.
Quick closings: Properties are averaging just over a month on market.
High sale-to-list price ratio: Homes are selling at or very near asking price.

⚠️ Considerations:

More competition: With more listings hitting the market, pricing and presentation are more important than ever.
Informed buyers: Today’s buyers are data-driven and expect value.

Pro Tip: Maximize your sale by professionally staging your home and leveraging digital marketing to showcase its best features. Partner with a REALTOR® who understands pricing trends and neighbourhood-level nuances.

🔮 Looking Ahead: What’s Next for Edmonton’s Market?

With inventory rising and prices maintaining strength, the rest of 2025 could see a gradual return to a more balanced market. However, much depends on:

Interest rates: Any changes in lending rates will influence buyer affordability and demand.
Economic factors: Job growth, inflation, and interprovincial migration will all play a role.
Seasonal activity: Summer is typically busy—expect competition to remain high.

Regardless of the direction, Edmonton continues to offer excellent value compared to major Canadian cities, which is why it remains a top destination for buyers seeking detached homes.

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

City of Edmonton Website

Parkland County Real Estate: Acreage Properties and Market Trends • 4 June 2025

Parkland County Acreage Market Overview: May 2025

by Christina Reid

Parkland County Acreages Century 21 Leading Realtor Chris Reid

Parkland County Acreage Market Overview: May 2025

Parkland County acreage market continues to be a desirable location for acreage buyers seeking space, privacy, and a rural lifestyle just outside the City of Edmonton. However, the latest data from the REALTORS® Association of Edmonton reveals that the market has shifted notably compared to the same time last year. With sales activity down, prices up, and days on market decreasing, there are key insights that both buyers and sellers must consider.

This comprehensive 2000-word blog explores the acreage market in Parkland County using fresh data from May 2025 to help real estate investors, rural home buyers, and sellers understand the latest trends, what they mean, and how to navigate the months ahead.

🔍 Snapshot of the Parkland County Acreage Market: May 2025

Here are the key metrics from the local market update:

Sold Properties (Monthly): 66 (↓ 23.26% YoY)
Sold Properties (Year-to-Date): 248 (↓ 0.40% YoY)
Average Asking Price (Monthly): $837K (↑ 21.46% YoY)
Average Asking Price (YTD): $833K (↑ 19.20% YoY)
Average Sale Price (Monthly): $701K (↑ 13.93% YoY)
Average Sale Price (YTD): $645K (↑ 5.18% YoY)
New Listings (Monthly): 131 (↓ 6.43% YoY)
New Listings (YTD): 497 (↑ 0.20% YoY)
Average Days on Market (Monthly): 89 days (↓ 9.18% YoY)
Days on Market (YTD): 120 days (↓ 4.76% YoY)
Average Ask to Sell Ratio: 0.983 (↑ 0.36% YoY)

Below Graphs Are Interactive

Parkland County Acreage Listings

📉 Listings Decrease, Inventory Tightens

May 2025 saw 131 new acreage listings, a 6.43% decrease compared to the same month last year. Despite the monthly dip, year-to-date new listings are flat (497 vs. 496), essentially showing a stable but limited inventory pool.

What This Means:

Fewer new listings means buyers have fewer options.
Less inventory may put upward pressure on prices.
Well-maintained acreages in desirable areas (e.g., near highways, schools, or lakes) will continue to see strong interest.

Tip for Sellers: With limited competition, it’s an excellent time to list your acreage—especially if it offers standout features.

Tip for Buyers: Prepare to act quickly. If a listing fits your needs, schedule a showing immediately and have financing in place.

Average List Price

The average asking price in May 2025 was $837,000, representing a 21.46% increase from May 2024. Year-to-date, the average asking price is $833,000, up 19.20% from last year.

This large disparity between asking and sale price (a $136K difference) indicates one of two things:

Sellers are pricing optimistically based on perceived market momentum.
Buyers are pushing back—possibly due to budget constraints or inflation concerns.

Parkland County Acreage Sales

📉 Fewer Sales in May, But the Annual Market Holds Steady

The most notable statistic is the 23.26% decline in monthly sales, with only 66 acreage properties sold in May 2025 compared to the same month in 2024. However, when viewed on a year-to-date basis, the market appears stable, with just a 0.40% dip in total transactions for the year (248 in 2025 vs. 249 in 2024).

What This Means:

The steep monthly decline could be attributed to seasonal shifts, rising interest rates, or simply buyer hesitation amid increasing prices.
Despite fewer properties changing hands in May, overall activity remains consistent with last year—suggesting no major long-term decline in demand.

Advice for Sellers: Patience and accurate pricing are essential. Don’t panic if your acreage isn’t moving quickly—this is a temporary shift, not a market collapse.

Advice for Buyers: Fewer sales could translate into more negotiation leverage. Be prepared, but act decisively when you find the right property.

Parkland County Average Sale Price

💰 Average Sale Prices Climb: Acreages Are Gaining Value

One of the most compelling statistics in this update is the rise in sale prices. The average sale price in May 2025 was $701,000, reflecting a 13.93% increase from May 2024. On a YTD basis, the average sale price sits at $645,000, a 5.18% increase compared to last year.

What This Means:

Acreage values are steadily increasing.
Despite a dip in monthly sales, buyer competition for quality listings may be driving prices higher.
This trend benefits sellers significantly—especially those who have maintained or improved their properties.

For Buyers: Budget for growth. Waiting could mean paying more in the near future, especially as land value appreciation accelerates.

For Sellers: The numbers suggest a strong seller’s market for well-presented properties. Highlight unique features like outbuildings, upgrades, and location proximity to major routes.

The Ask to Sell Ratio sits at 0.983, which is slightly higher than 2024. This means that, on average, properties are selling for 98.3% of their asking price, reinforcing that pricing accurately is critical for success.

Takeaway for Sellers: While pricing confidence is high, overpricing risks longer days on market or no sale. Trust market comparables and work with a local expert to set the right price.

Takeaway for Buyers: If you see a property priced just beyond your range, it may still be worth pursuing. Many sellers are negotiating in the current climate.

Average Days on MLS®

The average days on market for May 2025 was 89 days, a 9.18% decrease from last year. This is a significant shift, especially considering that acreage properties typically take longer to sell due to their specialized appeal.

Year-to-date, the average time on market is 120 days, down from 126 days in 2024 (a 4.76% improvement).

Interpretation:

The market is more efficient—properties are being listed, viewed, and sold faster.
High buyer intent, combined with quality listings, is helping reduce the wait time.

Advice for Sellers: A quick sale is now more likely. Ensure your property is photo-ready, priced right, and marketed well. Consider pre-inspections to give buyers added confidence.

Advice for Buyers: Don’t delay. Fewer days on market means you should come prepared with pre-approvals and be ready to make a competitive offer when the right property hits.

🧭 2025 Outlook for the Parkland County Acreage Market

As we review the current trends, the Parkland County acreage market is showing signs of price resilience, stable demand, and faster turnover, despite a dip in sales volume.

Key Takeaways for Sellers:

Prices are up—take advantage of the momentum.
Properties are selling faster—ensure yours is market-ready.
Limited competition means a well-marketed property can shine.

Key Takeaways for Buyers:

Inventory is tight, but still available.
Prepare to move quickly on listings that match your criteria.
Prices are rising—buying now may save you money compared to six months down the line.

✨ Final Thoughts

Parkland County continues to offer excellent long-term value for acreage buyers and sellers. With large properties, access to nature, and proximity to Edmonton, the region remains one of Alberta’s most desirable places for rural living. While market dynamics are shifting, the fundamentals remain strong.

Whether you’re looking to buy a slice of country life or list your acreage for sale, the numbers from May 2025 make one thing clear: Parkland County’s real estate market is active, evolving, and full of opportunity.

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 • 4 June 2025

Edmonton Real Estate Market Update – May 2025

by Christina Reid

Century 21 Leading Edmonton Realtor Chris Reid

Edmonton Real Estate Market Update – May 2025

The Edmonton real estate market is demonstrating a compelling mix of resilience and opportunity. The market’s dynamics, as reflected in the May statistics, reveal a cooling in total sales activity but a strong increase in both listing activity and home prices. This balance suggests a shift in the local housing landscape, where buyers are gaining more choices while sellers are still achieving near-asking prices amid heightened competition.

📊 Market Summary – May 2025

Quick Snapshot:

Sold Properties: 2,030 (⬇ 7.77% YoY)
YTD Sales (Jan–May): 8,420 (⬇ 3.19% YoY)
New Listings: 3,740 (⬆ 14.82% YoY)
Average Sale Price: $437,000 (⬆ 4.43% YoY)
Average Asking Price: $496,000 (⬆ 9.07% YoY)
Average Days on Market: 43 days (⬇ 2.27% YoY)
Average Ask-to-Sell Ratio: 99.3% (⬇ 0.20% YoY)

These numbers reflect an active market where sellers are benefiting from strong valuations and quick transactions, while buyers are navigating more inventory and slightly softer transaction volume compared to 2024.

Below Graphs Are Interactive.

Edmonton New MLS® Listings

May saw 3,740 new listings, a 14.82% year-over-year increase. This continues a trend of rising inventory in Edmonton, with a year-to-date total of 14,200 new listings—up 12.89% compared to 2024.

This inventory growth benefits buyers who:

Want more choice
Need time to compare
Are entering the market from out-of-province

For sellers, this surge in listings means more competition. Effective marketing, proper pricing, and home staging are more critical than ever to stand out in a growing pool of available homes.

Average List Price Edmonton Real Estate Market

The average list price climbed to $496,000 in May 2025—a 9.07% increase year-over-year. This is a clear sign that sellers are pricing aggressively, confident that buyer interest will support their asking price.

Key drivers behind rising asking prices:

New construction costs impacting resale valuations
Upgrades and renovations increasing property values
Neighbourhood gentrification and development

While sellers are optimistic, buyers remain savvy. Homes priced too high may sit on the market longer, while those strategically priced to reflect true market value are moving quickly.

Home Sales In The Edmonton Real Estate Market

Sales volume in May 2025 dropped to 2,030 units—down 7.77% compared to May 2024. Year-to-date, sales are down by 3.19%, with 8,420 properties sold compared to 8,700 during the same period last year.

So, does this drop mean demand is falling? Not necessarily.

This sales dip may reflect:

Buyers taking more time to assess a larger selection of listings
Higher price tags tempering enthusiasm
Interest rate fluctuations that may have delayed buyer decisions

Despite the dip, Edmonton remains a top market in Western Canada for affordability and long-term value, and buyers are still active—especially those looking to upsize or relocate from higher-priced provinces.

Edmonton Average Home Sale Price

The average sale price in May was $437,000, up 4.43% from May 2024. Year-to-date, the average sale price stands at $435,000, a solid 8.25% increase over the same period in 2024.

This continued price growth signals:

A strong seller’s market in many neighbourhoods
Upward pressure from new builds and higher-quality inventory
Increasing buyer confidence in Edmonton’s long-term real estate value

Detached homes, in particular, are seeing strong appreciation as families look for space and investors target rental opportunities. With new construction prices also rising, resale homes remain competitive options for buyers.

Ask-to-Sell Ratio: Buyers Meet Seller Expectations

The ask-to-sell ratio in May was 99.3%, only slightly lower than 2024’s ratio but still reflective of a competitive market. The year-to-date ratio sits at 99.2%, showing that on average, homes are selling for nearly the full asking price.

What this means:

Sellers who price correctly are being rewarded with full-price offers
Buyers must be ready to move quickly with strong offers—there’s little room for lowballing
Competitive pricing is more important than ever for sellers looking to attract serious buyers fast

Edmonton Real Estate Market -Average Days

The average days on market for Edmonton properties in May was just 43 days, down 2.27% from May 2024. The YTD figure is even more impressive—52 days, which is 16.13% faster than last year’s pace.

This reduction in market time reflects:

High buyer motivation
Efficient pricing strategies
Strong buyer-agent collaboration

It also highlights that despite rising prices and more listings, demand remains strong. When a home is priced well and shows well, it doesn’t last long.

🔍 Market Insights: What’s Driving These Trends?

Several macro and local factors are shaping the Edmonton real estate market in May 2025:

Interprovincial Migration: Buyers from B.C. and Ontario continue to relocate to Edmonton for its affordability, job opportunities, and lower cost of living.
Rental Market Demand: Investors are active, responding to rising rents and low vacancy rates.
Economic Growth: Edmonton’s diversified economy—including energy, tech, and education—supports population growth and housing demand.
New Construction Pipeline: Developers are catching up after years of under-building, offering more supply and influencing list prices.

🧭 What Buyers Should Know

If you’re planning to buy in Edmonton in 2025, here are key takeaways:

Act Quickly: Homes are moving fast—be ready with pre-approvals and competitive offers.
Expect to Pay Close to Asking: The market favours sellers, so be realistic with negotiations.
More Listings Mean More Choice: Use this to your advantage, especially if you’re not in a rush.
Watch Neighbourhood Trends: Inner-city revitalization and suburban expansion are offering hidden gems at better value.

Pro tip: Work with a knowledgeable REALTOR® who understands neighbourhood dynamics and can alert you to listings that match your criteria—before they hit the public MLS.

🧭 What Sellers Should Know

For Edmonton sellers, the current market remains in your favour, but strategy is crucial:

Price Strategically: Overpricing may cause your home to linger. Use market comparables.
Stand Out in the Crowd: With inventory increasing, ensure your property is staged, photographed professionally, and marketed effectively.
Be Ready to Move Fast: Many homes are receiving offers within days—be prepared to respond quickly to buyer interest.
Don’t Skip the Repairs: A little investment in condition can yield a much faster sale at a better price.

Even in a seller’s market, preparation and pricing are key to maximizing your return.

🔮 Looking Ahead: What to Expect in Summer 2025

While May brought more listings and slightly fewer sales, Edmonton’s market fundamentals remain strong. Here’s what we may see in the coming months:

Moderate Price Growth: Expect continued (but possibly slower) price increases as interest rates and inflation stabilize.
Higher Summer Sales Volume: Warmer months traditionally bring out more buyers, especially families looking to move before fall.
Balanced Conditions Emerging: As inventory rises, the market may shift from a strong seller’s market toward a more balanced one.

This summer could offer a sweet spot for both buyers and sellers—more choices and sustained pricing power.

🏁 Final Thoughts

The Edmonton real estate market in May 2025 reflects a city in transition—balancing steady price growth, growing inventory, and shifting buyer-seller dynamics. With more homes hitting the market, buyers have greater opportunity, yet sellers continue to benefit from strong pricing and fast sales.

If you’re considering buying or selling this year, now is the time to get your strategy in place. Working with an experienced Edmonton REALTOR® can help you navigate the nuances of this evolving market, whether you’re upsizing, downsizing, investing, or relocating.

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 • 4 June 2025

Spruce Grove Real Estate Market: May 2025 Update

by Christina Reid

Spruce Grove Century 21 Leading Realtor Chris Reid

Spruce Grove Real Estate Market: May 2025 Update

The Spruce Grove real estate market reveals telling shifts that every homeowner, buyer, and investor should take note of. The May 2025 market update shows a blend of encouraging signs for sellers, cautious optimism for buyers, and evolving dynamics across inventory and pricing. Whether you’re looking to purchase your first home, upsize for your growing family, or sell your current property, understanding the current market trends is crucial.

The below graphs are interactive

New MLS® Listing Count

New listings rose by 8.24% in May 2025. This brings the total new listings year-to-date to 749—up slightly (0.40%) from 2024. This could reflect growing seller confidence, as homeowners recognize that despite reduced transaction volume, prices remain strong.

This trend could offer relief for buyers who’ve been frustrated by limited inventory. A rising number of homes on the market could ease competition and provide more negotiating power.

Average Listing Price in Spruce Grove

The average asking price fell slightly to $489K in May, marking a 2.01% decrease from last year. However, the year-to-date average asking price remains 9.36% higher than 2024. This signals that although sellers are beginning to moderate their expectations, the overall market remains considerably stronger than it was a year ago.

Home Sales Spruce Grove

The most striking figure in this month’s update is the 27.44% year-over-year drop in sales volume for May. Only 119 homes were sold compared to 164 during the same month in 2024. Year-to-date sales have also dipped by 10.74%.

This slowdown doesn’t necessarily point to weakening demand. Several contributing factors could be at play:

Low Inventory in Early Months: The sluggish pace of new listings early in the year likely caused a lag in buyer activity.
Affordability Adjustments: With mortgage rates remaining higher than the lows of 2021–2022, many buyers are recalibrating their budgets.
Seasonal Shift in Buyer Confidence: Many potential buyers may be waiting for more price flexibility or a larger pool of listings in the summer.

Spruce Grove Average Home Sale Price

The average sale price in May hit $456K, showing a 2.95% increase from May 2024. And more importantly, the year-to-date average sale price is $472K, a 12.71% increase from the same period in 2024.

This tells us that while there is some month-to-month fluctuation, buyers are still willing to pay strong prices—particularly for well-maintained, competitively priced homes.

The ask-to-sell ratio sits at 1.002, meaning most homes are selling just slightly above asking price. This marks a 0.73% increase year-over-year.

From a seller’s standpoint, this indicates a healthy level of demand—especially for move-in-ready homes or listings in desirable Spruce Grove neighbourhoods. For buyers, it reinforces the importance of submitting competitive offers and being prepared to act decisively.

Days on Market Until Sale

Perhaps one of the most compelling stats this month is the 20.63% reduction in the average days on market. Homes sold in just 50 days on average, down from 63 days in May 2024.

This suggests that when homes are priced right and marketed effectively, they’re selling swiftly—despite the decline in overall sales volume. This is good news for sellers who want to move quickly and avoid long timeframes that can accompany stagnant listings.

🔍 Spotlight on Buyer Opportunities

While sales volume is down and prices are up, there are still strategic advantages for buyers in today’s market:

More Listings: With new listings rising, buyers may find more choices and less competition in June and July.
Motivated Sellers: Sellers who listed early in the season may be more open to negotiation as summer approaches.
Faster Decisions: Shorter days on market mean that well-prepared buyers have a better chance of securing the right home before others jump in.

Tips for Buyers:

Get pre-approved to move quickly on desirable listings.
Partner with a local REALTOR® who understands micro-neighbourhood trends.
Be open to areas of Spruce Grove you might not have considered previously, where you may find better value.

🧠 Key Takeaways for Sellers

Sellers are navigating a complex but favourable environment:

Rising sale prices and quick sales suggest that the market still leans in their favour.
While asking prices are softening, strategic pricing can still yield excellent outcomes.
Listings that are move-in ready, staged professionally, and promoted effectively are the ones most likely to sell above asking.

Tips for Sellers:

Price to attract multiple offers—not just based on peak 2024 values.
Invest in small updates that increase buyer appeal.
Make use of professional photography, video, and targeted digital marketing.

The May 2025 Spruce Grove real estate market shows a delicate balance of price strength and declining sales volume. While this might seem like a contradiction, it represents a market in adjustment—not in decline. Sellers still enjoy price gains, while buyers benefit from growing inventory and competitive advantages.

Market knowledge is your greatest tool. And with expert guidance, you can navigate these trends to meet your real estate goals. 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 • 3 June 2025

Stony Plain Real Estate Market Update | May 2025

by Christina Reid

Stony Plain Century 21 Leading Realtor Chris Reid

Stony Plain Real Estate Market Update | May 2025

The Stony Plain real estate market in May 2025 reveals a mix of opportunity and caution for buyers and sellers alike. With prices trending upward and overall sales activity softening slightly, it’s an ideal time to understand the latest market movements to make informed real estate decisions.

Below Graphs Are Interactive

Stony Plain Real Estate – New MLS® Listings

More Listings Entering the Market
82 new listings came to market in May (up 2.50%). YTD, new listings are up 7.89%, giving buyers slightly more options, though not enough to ease competitive pricing pressures significantly.

Average Asking Price of Homes in Stony Plain

Asking Prices Continue to Climb
The average asking price hit $513,000, up 1.92% year-over-year. Year-to-date, sellers are listing at higher prices compared to 2024—a 12.10% increase overall.

Stony Plain Home Sales

May saw 46 homes sold, a 14.81% drop from May 2024. Year-to-date sales are also down 5.02%, with 208 homes sold so far in 2025.

Average Home Sale Price

Despite lower sales activity, the average sale price rose to $420,000, a 7.60% increase from last year.

Ask-to-Sell Ratio Stable
At 99.3%, the ask-to-sell ratio is still strong, though slightly down from last year, suggesting that most homes are selling close to list price.

Average Days on Market

1. Longer Time to Sell
  The average home took 62 days to sell in May, up a significant 72.22% from May 2024. However, year-to-date, homes are selling faster overall than in 2024—taking 50 days on average versus 63 days last year.

💡 What This Means

Sellers can benefit from rising prices but may need patience with longer days on market. Pricing competitively remains crucial.
Buyers have more inventory to choose from but should act decisively as strong pricing trends persist.

As always, navigating a shifting market like Stony Plain’s requires the guidance of a knowledgeable REALTOR® who understands both macro trends and local nuances. 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