Edmonton’s Housing Market Trends for New Builds

by Christina Reid

Exploring Edmonton’s housing market trends for new build homes, analyze factors driving the market, and provide insights for prospective buyers and investors.Edmonton’s housing market is a dynamic landscape shaped by a combination of economic factors, population growth, and evolving buyer preferences. For those interested in new builds, understanding current trends is crucial to making informed decisions.

1. Population Growth and Its Impact on Housing Demand

Edmonton’s population has been steadily growing, driven by economic opportunities, immigration, and urbanization. This growth has significantly increased the demand for housing, including new builds. According to recent statistics, Edmonton welcomed over 10,000 new residents in 2024, fuelling the need for modern and spacious homes.

Key Takeaways:

Young Families and Professionals: These groups often seek affordable, customizable homes, making new builds an attractive option.
Urban Expansion: Suburban areas such as Windermere, Keswick, and Rosenthal are becoming hotspots for new developments.
Diverse Demographics: Immigration is adding cultural diversity to Edmonton, influencing the design and features of new homes.

2. Economic Factors Driving New Construction

The oil and gas industry, a cornerstone of Alberta’s economy, continues to influence Edmonton’s housing market. While the energy sector has stabilized, diversification into technology, healthcare, and education sectors is boosting employment, thereby increasing housing demand.

Affordability and Pricing Trends

Edmonton remains one of Canada’s more affordable cities for housing.
New builds are competitively priced, with single-family homes averaging between $500,000 and $700,000, depending on location and features.
Developers offer incentives such as lower interest rates or upgraded appliances to attract buyers.

3. Suburban Expansion and Master-Planned Communities

Suburban growth has redefined Edmonton’s housing landscape. Master-planned communities with amenities like parks, schools, and shopping centres are increasingly popular among buyers.

Notable Developments:

The Orchards: Known for its family-friendly environment and recreational facilities.
Keswick on the River: Offers luxury homes with proximity to natural areas.
Edgemont: A vibrant community with affordable new builds targeting first-time buyers.

4. Green Building Practices and Sustainability

Environmental concerns are shaping the construction of new homes in Edmonton. Buyers are prioritizing energy efficiency and sustainable materials, prompting builders to incorporate green technologies.

Sustainability Features in New Builds:

Solar Panels: Many developers now offer solar installations as part of their packages.
Energy-Efficient Appliances: Standard in most new builds to reduce utility costs.
LEED Certification: Increasingly common among Edmonton’s top builders.

5. Customization and Modern Design Trends

Today’s buyers want homes that reflect their unique tastes and lifestyles. Edmonton’s builders are responding by offering extensive customization options, from open-concept layouts to smart home technologies.

Top Features in New Builds:

Smart Home Integration: Voice-activated systems, automated lighting, and enhanced security features.
Contemporary Designs: Minimalist aesthetics with clean lines and natural light.
Flexible Spaces: Home offices and multi-use rooms for remote work and hobbies.

6. Mortgage Rates and Financing Options

Financing plays a pivotal role in the affordability of new builds. While mortgage rates in Canada have seen fluctuations, Edmonton’s affordability gives buyers a competitive edge.

Tips for Financing New Builds:

Builder Financing Programs: Many developers offer partnerships with lenders to provide better terms.
Pre-Construction Mortgages: Lock in lower rates early in the building process.
Government Incentives: Programs like the First-Time Home Buyer Incentive can reduce costs.

7. The Role of Technology in Home Buying

The integration of technology in the home-buying process is transforming how buyers engage with the market. From virtual tours to online consultations, Edmonton builders are leveraging digital tools to enhance customer experiences.

Tech Innovations:

Virtual Reality Tours: Explore properties from the comfort of your home.
AI-Powered Recommendations: Tailored listings based on buyer preferences.
Online Portals: Streamlined processes for contracts and communication.

8. Challenges Facing Edmonton’s New Build Market

While the market for new homes in Edmonton is thriving, challenges such as supply chain disruptions and labor shortages can impact construction timelines and costs.

Overcoming Challenges:

Builders are sourcing local materials to mitigate delays.
Collaborations with trade schools are helping to address labor shortages.
Buyers are encouraged to plan ahead to account for potential delays.

9. Future Trends: What’s Next For Edmonton’s Housing Market Trends for New Builds?

As Edmonton continues to grow, the city’s housing market is expected to evolve with exciting new trends.

Predicted Trends:

Urban Densification: Increased focus on townhomes and duplexes to optimize land use.
Smart Cities: Integration of smart technologies into entire neighbourhoods.
Affordable Luxury: Homes offering high-end features at competitive prices.

10. Tips for Buyers in Edmonton’s New Build Market

Navigating the market for new builds requires careful planning and research. Here are some actionable tips to help you make the best decision.

Checklist for Buyers:

Research Builders: Look for reputable developers with a track record of quality and reliability.
Understand Your Needs: Prioritize features that align with your lifestyle, such as proximity to schools or work.
Budget Wisely: Factor in hidden costs like landscaping, fencing, and property taxes.
Consult Experts: Work with real estate professionals familiar with Edmonton’s new build market.

Conclusion

Edmonton’s housing market for new builds offers a wealth of opportunities for buyers seeking modern, efficient, and customizable homes. By staying informed about market trends and leveraging available resources, you can make a smart investment in your future.

Have more questions on Edmonton’s Housing Market Trends for New Builds? Contact Chris Reid Edmonton REALTOR®.

For more insights into Edmonton’s real estate market, follow me on Facebook, Instagram, and YouTube. Stay updated on the latest new build opportunities and exclusive deals!

Edmonton New Home Builders - Trends and Market Updates • 12 May 2025

Edmonton Is a Great City to Build Your Dream Home – 10 Reasons

by Christina Reid

When planning to build your dream home, location is everything. Edmonton, often referred to as the “Gateway to the North,” is more than just Alberta’s capital city—it’s a thriving hub for families, professionals, and anyone seeking a high quality of life. Building a new home in Edmonton offers unparalleled opportunities to create a personalized living space in a city that blends urban amenities with natural beauty. Here are 10 compelling reasons why Edmonton is the perfect place to build your dream home.

1. Affordable Land and Housing Options

One of Edmonton’s most appealing aspects is its affordability compared to other major Canadian cities. The cost of land and construction is more reasonable, allowing homebuyers to get more value for their money. Whether you’re eyeing a spacious lot in a suburban community or a more central location, Edmonton provides diverse options to suit your budget and lifestyle.

2. Thriving Economy

Edmonton boasts a stable and growing economy, driven by industries like energy, technology, education, and healthcare. The city’s economic resilience makes it a great place to invest in real estate. A strong local job market

3. A Variety of New Home Communities

Edmonton is home to numerous master-planned communities that cater to a variety of lifestyles. From family-friendly neighbourhoods with excellent schools and parks to luxury communities offering high-end amenities, the city has something for everyone. Popular developments include Windermere, Chappelle Gardens, and Secord.

4. Customization Opportunities

Building a new home in Edmonton means you can work with builders to customize every detail. From floor plans to finishes, you have the freedom to create a home that matches your vision. Edmonton’s builder community offers plenty of choices, ensuring you can find a partner who aligns with your design preferences.

5. Proximity to Nature

Despite being a metropolitan city, Edmonton is known for its green spaces and natural beauty. The North Saskatchewan River Valley, often called the largest urban parkland in Canada, provides countless recreational opportunities. Building a home near these areas allows you to enjoy nature without sacrificing urban conveniences.

6. Family-Friendly Environment

Edmonton is an ideal city for families, with a strong emphasis on education, safety, and recreation. Top-rated schools, abundant playgrounds, and family-oriented activities make it an attractive place to raise children. Many new home developments also feature community centres and family-friendly designs.

7. A Four-Season Lifestyle

Edmonton’s climate offers four distinct seasons, allowing you to enjoy a range of outdoor activities year-round. From skiing in the winter to festivals in the summer, there’s always something to do. Building your dream home in Edmonton means creating a space tailored to make the most of each season.

8. Cultural and Recreational Opportunities

Edmonton is known as Canada’s Festival City for good reason. Events like the Edmonton Folk Music Festival, Fringe Theatre Festival, and Winter City celebrations bring the community together. Additionally, the city offers world-class dining, shopping, and entertainment options to keep you engaged year-round.

9. Accessibility and Infrastructure

Edmonton’s well-planned infrastructure ensures that getting around the city is easy. With extensive road networks, public transit, and proximity to major highways, commuting is a breeze. Building in Edmonton means you’ll benefit from a city designed to accommodate growth and convenience.

10. Long-Term Real Estate Growth

Edmonton’s real estate market is poised for long-term growth, making it an excellent place to invest in a new home. As the city continues to expand and attract new residents, property values are expected to rise, ensuring a solid return on your investment.

Conclusion

Building your dream home in Edmonton is not just a financial investment—it’s a lifestyle choice. With affordable land, a thriving economy, diverse communities, and unparalleled access to nature and culture, Edmonton is a city that offers something for everyone. Whether you’re starting a family, looking to invest, or simply seeking a place that feels like home, Edmonton is the ideal destination to bring your dream home to life.

Have more questions on Edmonton Is a Great City to Build Your Dream Home 10 Reasons ? Contact Chris Reid Edmonton REALTOR®.

For more insights into Edmonton’s real estate market, follow me on Facebook, Instagram, and YouTube. Stay updated on the latest new build opportunities and exclusive deals!

Sherwood Park Real Estate: Market Trends and Investment • 9 May 2025

Sherwood Park Real Estate Market Update: April 2025 Statistics

by Christina Reid

Sherwood Park Real Estate Market Century 21 Leading Realtor Chris Reid

Sherwood Park Real Estate Market Update: April 2025 Statistics

The Sherwood Park real estate market has seen some mixed trends in April 2025. Despite slight decreases in sales and new listings, the average sales price has increased, showing continued strength in the market

Sherwood Park continues to be one of Edmonton’s most desirable suburban communities. With its excellent schools, vibrant parks, and close proximity to the city, it’s no wonder that so many people are looking to call this charming community home. In this post, we’ll dive into the current real estate trends for Sherwood Park, analyzing key statistics such as property sales, price trends, and market dynamics to help you stay ahead of the curve.

Interactive bar graphs

Sherwood Park New MLS® Listings

There were 164 new listings in April, which marks a 1.80% decrease from the previous year. However, the total number of new listings year-to-date remains relatively stable, showing no major changes in the overall availability of homes.

Average List Price

The average asking price for homes in Sherwood Park has seen a 0.57% increase to $485,000. Year-to-date, the average asking price is $510,000, showing a significant 6.87% increase from last year. This price increase indicates ongoing demand for homes in Sherwood Park.

Sherwood Park Home Sales

In April 2025, 154 properties were sold, which is a 6.67% decrease compared to April 2024. This indicates a slight cooling in the number of homes sold, likely due to seasonal factors or a shift in market conditions.

Year-to-Date Sales: Year-to-date figures reveal that there have been 447 sold properties in 2025, a 4.69% decrease from the 469 properties sold during the same period in 2024. While there has been a decrease, the market is still relatively stable with healthy activity.

Average Sale Price

The average sale price for homes in April 2025 was $468,000, which represents a 1.16% increase compared to the previous year. Year-to-date, the average sale price is $483,000, a 5.93% increase from 2024. These price gains indicate that homes are retaining their value, even with slightly fewer sales.

Ask-to-Sell Ratio: The average ask-to-sell ratio in April 2025 is 1.013, a 1.56% increase from the previous year. This means that, on average, homes are selling slightly above the asking price, signalling continued demand and competitiveness among buyers.

Average Days on Market

Homes in Sherwood Park are selling faster, with the average days on market decreasing by 21.05% from 35 days in 2024 to just 30 days in April 2025. This shorter time on the market reflects continued buyer demand in the area.

Why Sherwood Park Continues to Thrive

Sherwood Park’s real estate market remains strong due to several factors:

Proximity to Edmonton: Located just minutes away from downtown Edmonton, Sherwood Park offers an easy commute for professionals while still providing the peace and tranquility of suburban living. This makes it a popular choice for individuals and families who want to escape the hustle and bustle of the city without losing access to urban amenities.
Family-Friendly Environment: Sherwood Park is known for its excellent schools, safe neighborhoods, and an abundance of parks and recreational spaces. It’s a community where families can thrive, making it a top choice for buyers with children.
Strong Community Amenities: The area boasts a variety of shopping, dining, and entertainment options, as well as easy access to the Anthony Henday and major highways. The combination of convenience and quality of life has made Sherwood Park one of the most desirable areas to live in the Edmonton region.
Continued Growth and Development: Sherwood Park is experiencing ongoing growth, with new residential, commercial, and recreational developments enhancing the community’s appeal. These developments continue to attract new buyers looking for modern amenities and a dynamic environment.

What Buyers Need to Know

If you’re looking to buy in Sherwood Park, here are a few key points to consider:

Competitive Market: With a decrease in the number of sold properties, competition among buyers remains relatively fierce. Be prepared to act quickly when you find the perfect home, as Sherwood Park homes are selling faster than ever before.
Pricing Trends: While asking prices are up, the market is still competitive, and it’s important to set a realistic budget and understand your financing options. Rising prices may mean you’ll have to stretch your budget or consider a different home type or location.
Inventory Levels: Although the number of new listings has decreased slightly, there are still plenty of homes available in Sherwood Park. However, as inventory continues to decrease and demand remains high, the market could shift further toward a seller’s market, making it harder to find the right home at the right price.

What Sellers Can Expect

For those looking to sell their homes in Sherwood Park, the market offers great opportunities, especially if you’re priced right:

Rising Prices: The average sale price has continued to rise, meaning that sellers can expect to receive more for their homes compared to last year. However, it’s important to price your home competitively to attract potential buyers.
Faster Sales: With fewer days on the market, sellers who price their homes appropriately can expect to sell quickly. This is great news for those looking to make a move and get the best price for their property.
Seller’s Market: Despite the slight decrease in overall sales, the reduced days on market and increased prices suggest a favourable environment for sellers. It’s an excellent time to list your home if you’re ready to take advantage of the high demand.

Sherwood Park continues to be a strong and desirable real estate market in the Edmonton region. Despite slight fluctuations in the number of sales and new listings, the market remains competitive with increasing prices and shorter selling times. Whether you are looking to buy or sell, working with an experienced realtor can help you navigate this dynamic market and ensure you make informed decisions.

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

Sturgeon County Real Estate: Market Trends and Investment Opportunities • 9 May 2025

Rural Sturgeon County Real Estate Market Update: April 2025 Statistics

by Christina Reid

Rural Sturgeon County real estate Century 21 Leading Realtor Chris Reid

Rural Sturgeon County Real Estate Market Update: April 2025 Statistics

The Rural Sturgeon County real estate market has seen some significant changes in its real estate landscape over the past year.

Rural Sturgeon County, just north of Edmonton, has long been known for its scenic properties, expansive acreages, and tranquil living environment. As more buyers seek larger homes with access to nature, this area continues to draw attention.

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Rural Sturgeon County New MLS® Listings

The number of new listings in April 2025 decreased by 30.00%, with 49 new properties coming to market compared to 176 in April 2024. This decline in new listings suggests that fewer sellers are entering the market, which could create a more competitive environment for buyers.

Average List Price

The average asking price for homes in Sturgeon County in April 2025 was $930,000, which is a 3.39% decrease from the previous year’s average asking price of $914,000. However, when comparing the year-to-date figures, we see a positive trend, with the asking price increasing by 9.28%, from $914,000 in 2024 to $999,000 in 2025.

Rural Sturgeon County Home Sales

In April 2025, there were 25 properties sold, representing an 8.70% increase compared to April 2024. However, the year-to-date (YTD) sales have decreased by 28.00%, with 54 properties sold in 2025 compared to 75 properties sold in the same period last year. This indicates that while sales have picked up slightly in recent months, there has been a slowdown in overall transactions in the county.

Average Sale Price

The average sale price in April 2025 saw a significant increase of 19.41%, reaching $808,000. This increase reflects a positive shift in the market, with the average sales price for the year-to-date rising 9.68%, from $684,000 in 2024 to $750,000 in 2025.

Ask-to-Sell Ratio: The average ask-to-sell ratio in April 2025 was 96.6%, slightly down from the previous year’s ratio of 96.5%. This indicates that properties are still selling relatively close to their asking price but suggests a slight decline in the negotiation power of sellers.

Average Days on Market

The average days on market until a sale was completed increased by 62.75%, from 112 days in April 2024 to 183 days in April 2025. This indicates that it’s taking longer for homes in Sturgeon County to sell, which might be a result of the higher asking prices and reduced buyer activity.

Factors Driving Sturgeon County’s Real Estate Market

Several key factors are shaping the real estate trends in Sturgeon County, including:

Increased Demand for Larger Properties: Many buyers continue to seek larger homes with more land. With the increased popularity of remote work and a desire for more space, rural properties in Sturgeon County are in demand. Buyers are looking for properties with acreage for privacy, outdoor activities, and a peaceful lifestyle while remaining close to Edmonton.
Seller’s Market Challenges: While there is still a healthy demand for homes in Sturgeon County, fewer new listings are being introduced, creating a supply shortage. This is contributing to higher asking prices and longer time on market, as sellers remain firm on their pricing.
Interest in Investment Opportunities: Sturgeon County continues to attract investors, particularly those interested in larger tracts of land. The rural areas surrounding Edmonton offer excellent potential for land investment, whether for agricultural use, building custom homes, or development projects.
Interest Rates and Financing: Buyers in Sturgeon County are still impacted by the broader economic environment, particularly interest rates. Higher rates can make financing more difficult, potentially slowing down buyer activity and leading to longer days on market for properties.

Popular Areas in Rural Sturgeon County

Rural Sturgeon County is vast, encompassing several desirable communities and neighborhoods. Whether you are looking for a sprawling farm property or a tranquil acreage to call home, Sturgeon County offers a variety of options:

Gibbons: This charming town is known for its proximity to both Edmonton and Fort Saskatchewan. Gibbons offers excellent access to amenities while maintaining a rural vibe. It’s perfect for families who want more space but don’t want to be too far from the city.
Morinville: Known for its small-town atmosphere, Morinville provides a great balance of rural living with easy access to essential services. It’s becoming increasingly popular with commuters who work in Edmonton but prefer a quieter lifestyle.
Redwater: Redwater offers larger properties, making it a great option for buyers interested in agricultural land or recreational properties. The town also provides a variety of community services, including schools and recreational facilities.
Sturgeon County: Known for its luxurious properties and beautiful landscapes, Sturgeon Valley is one of the most sought-after areas in the county. The valley provides stunning views and large estates, making it an attractive option for buyers seeking high-end homes with ample land.

Tips for Buyers in Sturgeon County

If you’re considering purchasing property in Sturgeon County, here are a few tips to guide your search:

Understand Local Zoning Laws: Sturgeon County encompasses a variety of zoning regulations that can affect how you use the property. Make sure to research zoning laws, particularly if you plan to use the land for farming or commercial purposes.
Be Ready for a Competitive Market: Due to the low number of new listings, there’s potential for increased competition among buyers. Be prepared to move quickly when you find the right property.
Hire an Experienced Realtor: A local real estate agent with experience in the Sturgeon County market can provide invaluable insight. They’ll help you navigate the market, find listings that fit your criteria, and negotiate the best possible price.
Financing Considerations: If you’re purchasing land or a larger acreage, ensure that you understand your financing options. Some properties may require specialized financing, such as rural property loans.

Outlook for Sturgeon County Real Estate

The future of the Sturgeon County real estate market looks promising, despite the current slowdown in sales. With rising property values and continued demand for rural living, the market is expected to remain active. However, buyers will need to be patient and prepared for longer days on market and higher prices as the supply of properties tightens.

The long-term outlook is positive for those seeking acreage homes or investment opportunities, as Sturgeon County continues to be an attractive option for those desiring more space and the peace of rural living.

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

If you would like more information on the Rural Sturgeon County real estate market contact Chris Reid

Rural Sturgeon County Website

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 • 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)

Interactive bar graphs

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.

Interactive bar graphs

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

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