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Edmonton Real Estate Market Trends and Insights 10 April 2025

Edmonton Condo Market Update: March 2025 Statistics

Edmonton Condo Market Update: March 2025

The Edmonton condo market has seen a variety of trends in recent years, and March 2025 is no exception. With increases in sales and average sale prices, there are several factors that potential buyers and investors should be aware of. Whether you’re looking for your first home, upgrading, or investing in real estate, understanding the dynamics of Edmonton’s condo market can help you make informed decisions.

  Edmonton condo 

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Edmonton Condo New Listings

The number of new listings has increased by 8.99% year-over-year, with 655 new listings in March 2025. This indicates that more sellers are entering the market, likely in response to the growing demand and higher prices. The increase in listings provides more options for buyers, but it also contributes to a competitive environment.

Average List Price Condo

 As of March 2025, the average asking price for Edmonton condos is $242,000, up 5.18% from the previous year.

Condo Sales Edmonton

The Edmonton apartment condo market has shown positive growth in 2025. According to the latest data, the number of properties sold has increased by 6.18% compared to March 2024, with 361 condos sold. This suggests a healthy demand for apartment condos in the city. The year-to-date (YTD) figures also reflect a strong market, with 881 condos sold, up 5.64% from the same period last year. The market is clearly experiencing growth, which is important for both buyers and sellers.

Average Sale Price Edmonton Condos

The average sales price has increased by 13.75% from March 2024, reflecting a strong seller’s market. The YTD average sale price of $211,000 is 14.79% higher than last year. This price increase indicates a healthy real estate market in Edmonton, one that continues to attract both local and out-of-town buyers.

Why Prices Are Rising

Several factors contribute to the increase in Edmonton’s condo prices. First, there is a clear demand for affordable housing, especially in urban areas. As the city’s population continues to grow, the demand for condos has risen. This trend is driven by a combination of factors, including:

  1. Urbanization and Lifestyle Preferences: Many people are opting for condo living due to its convenience, lower maintenance, and proximity to amenities like public transit, shopping, and dining.
  2. Interest Rates and Financing: The low-interest-rate environment has made financing more affordable for buyers, contributing to the higher demand for condos. Even with recent shifts in interest rates, condos remain an attractive option for many buyers.
  3. Shift in Buyer Preferences: Younger generations, especially millennials, are choosing condos over traditional single-family homes for their affordability and lifestyle benefits.

These factors combine to create a competitive market where prices are rising, making it an ideal time for sellers but also a challenging environment for buyers looking for bargains.

Average Days on Market

Condos are selling faster in 2025, with the average days on market until sale dropping to 69 days from 79 days in 2024. This 5.95% decrease suggests that buyers are moving quickly to secure properties, possibly due to the rising prices and higher demand.

Why Invest in Edmonton Apartment Condos?

Edmonton has long been known for its strong real estate market, and the apartment condo sector is no exception. There are several reasons why investing in Edmonton condos can be a smart financial move:

  1. Strong Rental Demand: With many people moving to Edmonton for work or education, the demand for rental properties remains high. Condos are an ideal rental option, offering a more affordable entry point for renters compared to single-family homes. This makes apartment condos a good option for real estate investors seeking steady cash flow.
  2. Growing Population: Edmonton’s population is steadily growing, creating more demand for housing. The city has been expanding due to its strong economy, diverse job market, and the influx of people from other regions. This population growth is expected to continue, further increasing the demand for condos.
  3. Affordable Investment Opportunities: Compared to other major Canadian cities, Edmonton offers more affordable real estate. This makes it an attractive option for investors looking for a cost-effective way to enter the market. With a relatively lower entry price, investors can expect good returns as the market continues to grow.
  4. Appreciation Potential: As demonstrated by the recent price increases, condos in Edmonton have seen steady appreciation over time. For investors, this means the potential for long-term capital gains as condo values rise.

Types of Condos in Edmonton

Edmonton’s condo market is diverse, offering a range of options for both buyers and investors. Some of the most popular types of condos include:

  1. High-Rise Condos: Located in the heart of downtown and other urban areas, these condos offer spectacular views of the city skyline and easy access to amenities. They are typically more expensive than other types of condos, but they offer the benefit of prime locations.
  2. Low-Rise Condos: These condos are generally more affordable and can be found in suburban areas. They offer more space than high-rise condos, making them a good option for buyers who want a balance between cost and convenience.
  3. Townhouse Condos: These offer a more traditional home-like experience while still providing the benefits of condo living. Townhouse-style condos are often in more family-friendly neighbourhoods and are ideal for buyers who want more space without the maintenance hassles of a single-family home.
  4. New Construction Condos: With new developments taking place throughout the city, there are many modern condos to choose from. New construction condos come with the latest amenities and designs, making them an attractive option for buyers looking for move-in-ready homes.

The Buying Process: What to Expect

If you’re considering buying a condo in Edmonton, it’s essential to understand the process. Here’s what you can expect:

  1. Pre-Approval and Budgeting: Before you begin looking at condos, it’s crucial to get pre-approved for a mortgage. This will give you a clear idea of how much you can afford and help you narrow down your options.
  2. Choosing the Right Condo: With so many options available, it can be overwhelming to choose the right condo. Consider your budget, lifestyle, and long-term plans. Are you looking for a condo to live in or an investment property? What amenities are important to you?
  3. Making an Offer: Once you’ve found the right condo, your realtor will help you make an offer. Keep in mind that the Edmonton condo market is competitive, so you may need to act quickly if you find a property you love.
  4. Finalizing the Purchase: Once your offer is accepted, you’ll need to complete the necessary paperwork, conduct inspections, and secure financing. The process can take several weeks, but with the help of an experienced realtor, it will go smoothly.
  5. Closing: The final step is the closing, where ownership of the condo is transferred to you. After the closing, you’ll officially be the owner of your new condo!

Conclusion

The Edmonton apartment condo market is thriving in 2025, with strong growth in sales and prices. Whether you’re buying a condo for personal use or as an investment, now is an excellent time to get involved in this dynamic market. By understanding the trends and the types of condos available, you can make an informed decision and find the perfect condo for your needs.

If you’re looking to buy or invest in Edmonton condos, feel free to reach out to me, Chris Reid, at Century 21 Leading. I’m here to help you navigate the Edmonton real estate market and find the condo of your dreams!

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 StatisticsFort Saskatchewan Real Estate Market Statistics 10 April 2025

Fort Saskatchewan Real Estate Market- March 2025

Fort Saskatchewan Real Estate Market March 2025

Fort Saskatchewan real estate market trends for March 2025 show some shifts that reflect broader economic trends and local demand dynamics.

Fort Saskatchewan, located in the heart of Alberta, has become an increasingly desirable location for home buyers and investors. Known for its rich history, family-friendly atmosphere, and convenient proximity to Edmonton, this city has experienced significant growth in its real estate market in recent years.

Search Fort Saskatchewan MLS listings Fort Saskatchewan house value Fort Saskatchewan Market Statistics  Fort Saskatchewan Neighbourhood Home Value

Bar Graphs Below Are Interactive

Fort Saskatchewan New MLS® Listings

The number of new listings in Fort Saskatchewan remained stable, with 96 new homes hitting the market in March 2025, which represents a 0% change compared to the same month in 2024. However, the year-to-date comparison shows a 3.24% increase in new listings, with 255 homes listed so far this year, compared to 247 last year.

The stable inventory combined with increased demand points to a competitive market, where buyers may face some challenges in finding their ideal home. This trend reflects Fort Saskatchewan’s growing reputation as an attractive place to live, particularly for those looking for a quieter suburban lifestyle with easy access to Edmonton.

Fort Saskatchewan Average List Price

The average asking price has decreased slightly. In March 2025, the average asking price was $427,000, a decrease of 25.10% from the previous year, when the average was $516,000. This reduction in asking price might be attributed to the shifting dynamics in both the local and broader Canadian real estate markets, where price corrections are being observed.

Fort Saskatchewan Home Sales

The Fort Saskatchewan real estate market saw an increase in the number of sold properties, with 77 homes sold, marking a significant 11.59% increase from March 2024. Year-to-date (YTD), there were 193 properties sold by the end of March 2025, showing a remarkable 19.88% increase compared to the same period in 2024. This suggests that the demand for homes in the city is strengthening, with more buyers entering the market than the previous year.

Fort Saskatchewan Average Home Sale Price

Homes are selling in Fort Saskatchewan at an average price of $402,000, which represents a 2.33% decrease compared to March 2024. However, when looking at the year-to-date figures, the average sale price for 2025 stands at $408,000, showing a slight decrease of 3.16% compared to the same period in 2024.

Average Days on Market

The average number of days on the market before a home is sold in Fort Saskatchewan has decreased significantly. As of March 2025, homes in the area were taking an average of 49 days to sell, marking a 15.52% reduction from March 2024, when the average was 55 days. Year-to-date, the decrease is even more pronounced, with properties selling 31.25% faster in 2025 compared to the previous year.

This decrease in the number of days on the market suggests that homes are selling quicker, driven by the increasing demand and possibly a shortage of available listings. Buyers are finding homes they like more quickly, making for a faster-paced market.

Fort Saskatchewan Real Estate Trends: What to Expect

As we progress through 2025, several trends are emerging that will shape the Fort Saskatchewan real estate market.

1. Price Adjustments Reflecting Market Conditions

The slight reduction in asking and sale prices is indicative of a broader real estate price correction seen across many parts of Canada. While the market has seen strong growth over the last few years, this price adjustment could make homes more accessible for first-time buyers and those looking for better value for money.

2. Buyer Demand Remains Strong

Despite the price adjustments, the strong demand for homes in Fort Saskatchewan shows no signs of slowing down. The 11.59% increase in homes sold year-over-year and the 19.88% increase year-to-date are a testament to the ongoing appeal of this area. Fort Saskatchewan’s strong community spirit, excellent schools, and recreational amenities continue to attract young families and individuals seeking a peaceful lifestyle with easy access to Edmonton.

3. Limited Supply is Fueling Competition

With the inventory of available homes remaining relatively stable, prospective buyers may find themselves in bidding wars for the best properties. This competition, combined with the relatively short time homes are spending on the market, means that buyers need to be prepared to act quickly. Sellers can benefit from this demand by pricing their properties strategically to attract the best offers.

4. Opportunities for First-Time Homebuyers

For first-time homebuyers, the Fort Saskatchewan market continues to offer opportunities, especially with the adjustments in price. First-time buyers may find that they are now able to enter the market with a more affordable price point compared to the recent past. Additionally, with the relatively low number of days on market, it’s clear that well-priced homes in good condition will not last long, making it important to move quickly.

5. Investment Potential for Buyers and Sellers

Fort Saskatchewan’s growth in terms of real estate activity presents strong opportunities for both buyers and investors. The increasing demand for homes, coupled with rising prices, signals that properties in the area are a solid investment. Whether you’re a buyer looking for your forever home or an investor searching for profitable rental properties, Fort Saskatchewan presents a dynamic market to explore.

Key Takeaways for Buyers and Sellers in Fort Saskatchewan

As of March 2025, Fort Saskatchewan’s real estate market shows signs of steady growth, with rising demand and relatively stable inventory levels. However, the slight price adjustments and quicker sale times suggest that this market is highly competitive. Buyers should be prepared to move fast and have their financing in order, while sellers can take advantage of the strong demand to secure top-dollar offers.

Buyers looking for an affordable yet desirable location near Edmonton will continue to find Fort Saskatchewan an appealing choice, especially as home prices remain lower than in other areas of the Edmonton Metropolitan Region. Sellers can benefit from pricing their homes competitively, as homes are selling faster than in previous years.

 

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 10 April 2025

St. Albert Real Estate Market Update: March 2025

St. Albert Real Estate Market Update: March 2025 

As of March 2025, the St. Albert real estate market has seen a considerable uptick in several key metrics. According to the latest data from the REALTORS® Association of Edmonton, the number of properties sold in St. Albert has increased by 27.19% year-over-year, with 145 properties sold in March 2025, compared to 114 in March 2024. This surge reflects the strong demand in the area, indicating that buyers are actively searching for homes and capitalizing on current market conditions.

St. Albert, a thriving city located just north of Edmonton, continues to experience an active and competitive real estate market. With its family-friendly atmosphere, close proximity to the capital city, and a variety of housing options, St. Albert has long been a desirable destination for both buyers and sellers. As we move through March 2025, it’s clear that the market is in a state of growth, with a significant increase in sold properties and average sale prices. This article will delve into the current state of the St. Albert real estate market, analyzing key trends, offering insights into the latest data, and discussing what it means for prospective homebuyers, investors, and sellers alike.

Home Search Home Value St. Albert Real Estate Market Statistics Neighbourhood Market Statistics
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St. Albert New Listing Count

The number of new listings in St. Albert has decreased by 4.35%. In March 2025, 176 new listings came to market, which is a slight decrease compared to the same month in 2024. However, when looking at the year-to-date figures, the total number of new listings has actually increased by 5.95%, rising from 437 listings in 2024 to 463 in 2025.

The decrease in new listings may indicate that homeowners are holding off on selling their properties, perhaps due to uncertainty in the broader economy or a desire to capitalize on rising home values. This may also suggest that sellers are increasingly staying put, reducing the overall supply of available homes in the market, which is contributing to the increase in home prices.

Average List Price

St. Albert’s real estate market is seeing steady growth in home prices, which is in line with broader market trends throughout the Edmonton region. The average sale price has increased by 4.51% year-over-year, signalling that demand for homes in St. Albert is still strong. As prices continue to climb, both buyers and sellers must be aware of the shifting market dynamics.

For buyers, this means they will need to be prepared for higher prices compared to previous years. It also underscores the importance of working with an experienced real estate professional who can help navigate this competitive market and ensure that offers are competitive. Sellers, on the other hand, can take advantage of rising prices, but must also be mindful of pricing their homes strategically to avoid overpricing, which can lead to extended market times.

St. Albert Home Sales

In total, there have been 310 properties sold in St. Albert year-to-date (YTD) for 2025, showing a 19.69% increase over the same period in 2024. This growth underscores the continued interest in the city, particularly for those looking for family homes or properties with larger lots.

Average Sale Price of Homes

When it comes to the average sale price, homes in St. Albert are being sold at an average price of $527,000, marking a 4.51% increase from March 2024. On a year-to-date basis, the average sale price has risen by 1.25%, from $497,000 in 2024 to $503,000 in 2025. These figures suggest that despite market fluctuations, St. Albert’s real estate market remains strong and offers significant potential for both buyers and sellers.

Increased Ask-to-Sell Ratio

The average ask-to-sell ratio in St. Albert is currently at 1.004, reflecting a slight increase from 0.988 in 2024. This metric suggests that homes are selling at or slightly above the asking price, a common trend in a seller’s market. The increase in the ask-to-sell ratio further highlights the competitiveness of the market, as buyers are often willing to pay more than the listing price to secure a property in this desirable community.

Days on MLS®

One of the most significant changes in the St. Albert market is the reduction in the number of days properties are spending on the market before being sold. In March 2025, the average days on market for sold properties was just 43 days, a substantial drop of 31.75% compared to March 2024, when the average was 46 days. This decrease is indicative of a quicker-paced market where properties are being sold faster, likely due to high demand and limited inventory.

This shorter time on market can be attributed to a combination of factors, including more competitive pricing, an increase in homebuyers’ activity, and a more robust overall economy. Buyers are increasingly eager to make quick decisions, which often results in multiple offers on homes and faster sales.


What This Means for Homebuyers and Sellers

For Homebuyers

St. Albert continues to be an attractive option for buyers, particularly those looking for family-friendly communities with access to top-rated schools, parks, and amenities. With rising prices and competitive market conditions, it’s crucial for buyers to act quickly and make competitive offers when they find a home they like.

It’s also important for buyers to get pre-approved for financing early in the process. This will ensure that they are ready to make offers quickly, which is key in a market where homes are selling faster than ever. Working with a knowledgeable REALTOR® who has experience in the St. Albert market will give buyers a significant advantage.

For Sellers

Sellers in St. Albert are in a favourable position, as demand for homes is strong and prices are continuing to rise. However, it’s essential for sellers to price their homes strategically to avoid the potential pitfall of overpricing. Overpricing a home can lead to longer market times and reduced buyer interest. Working with an experienced REALTOR® will help sellers understand market conditions and ensure their home is priced to sell quickly and for the best possible price.

Looking Ahead: Future Trends in St. Albert Real Estate

As we move into the second quarter of 2025, the St. Albert real estate market is expected to continue its upward trajectory. Factors such as low inventory, high demand, and rising home prices are likely to keep the market competitive. However, buyers should be prepared for potential interest rate changes and other economic factors that could influence home buying decisions.

Sellers will continue to benefit from a market where demand is high and prices are strong, but they must be mindful of pricing their homes correctly to avoid the risk of extended market times. Ultimately, whether you are buying or selling in St. Albert, staying informed about market trends and working with an experienced real estate professional will be key to achieving success.

Conclusion

St. Albert’s real estate market in March 2025 is in a state of growth, with rising prices, a strong increase in sales, and faster property turnover. The demand for homes remains robust, with fewer new listings and more competitive pricing in the area. Whether you’re a first-time homebuyer, an investor, or a seasoned homeowner looking to sell, understanding the current dynamics of the St. Albert real estate market is essential to making informed decisions. As we head into the spring season, expect continued competition in the market, but also numerous opportunities for those ready to seize them.

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 InsightsEdmonton Real Estate Market Trends and Insights 10 April 2025

Edmonton Detached Single Family Home Sales March 2025

Edmonton Detached Single Family Home Market: March 2025 Update

The Edmonton detached single family real estate market continues to show intriguing trends. The city’s single-family home market has experienced shifts that are crucial for both buyers and sellers to understand. In this blog post, we will dive into the latest data for March 2025, providing insights on sold properties, average prices, and days on the market.

Edmonton’s Single Family Home Market Overview

The Edmonton real estate market has been an area of consistent growth, but it has not been immune to broader economic changes. For those considering buying or selling a single-family home in Edmonton, understanding the trends in pricing, inventory, and market activity is essential.

 

   

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Edmonton New Single Family Home Listings

In March 2025, there were 1,440 new listings, a 4.03% increase compared to the 1,380 new listings in March 2024. The increase in new listings indicates that sellers are active in the market, which provides more options for buyers looking for single-family homes in Edmonton.

Average Asking Price

In March 2025, the average asking price for a single-family home in Edmonton was $621K, representing a 3.54% increase from March 2024. Over the course of the year, the average asking price for homes has increased by 5.88%, from $592K in 2024 to $626K in 2025.

Edmonton Single Family Home Sales

Sold Properties: In March 2025, 918 single-family homes were sold, marking a 2.24% decrease compared to March 2024, which had 939 sales. While this decrease suggests a slight slowdown, the market remains relatively stable, especially considering other market factors.

Year-to-Date (YTD): So far in 2025, there have been 2,136 homes sold, a 6.36% decrease compared to the same period in 2024, where 2,281 homes were sold. This indicates that while the market is cooling slightly, it’s still very much active.

Average Single Family Home Sale Price

The average sale price of single-family homes in March 2025 was $570K. This is an impressive 13.51% increase compared to March 2024, where the average sale price stood at $502K. For the year-to-date figures, the average sale price is $558K, showing a 13.35% increase over last year.

The Ask-to-Sell Ratio provides valuable insight into how close to asking prices homes are actually selling for. In March 2025, the average ask-to-sell ratio was 1.006, which means homes are selling slightly above their asking price. This shows a competitive market where buyers are willing to meet or exceed asking prices to secure a property.

Days on MLS®

Homes in Edmonton are selling faster in 2025 compared to the previous year. The average number of days on the market for single-family homes was 48 days in March 2025, a significant decrease of 18.64% from March 2024, where homes were on the market for 57 days on average. This indicates that homes are selling quicker, suggesting high demand in the market.


Key Factors Impacting the Market

Several factors have contributed to the trends we are seeing in Edmonton’s single-family home market. Let’s break down some of the most important.

1. Demand for Single Family Homes in Edmonton

Despite the minor decrease in the number of sold properties, the demand for single-family homes in Edmonton remains high. The increase in average sale prices reflects strong demand, particularly for well-maintained homes in desirable neighbourhoods. Edmonton’s appeal, with its growing economy, job opportunities, and family-friendly communities, continues to fuel demand.

2. Interest Rates and Affordability

Interest rates play a significant role in the affordability of single-family homes. While the Bank of Canada has made adjustments to interest rates in recent years, their impact on the housing market has been tempered by other factors like economic growth and increased buyer confidence. Even with higher rates, buyers are still finding ways to purchase homes due to the relative affordability of Edmonton homes compared to other Canadian cities.

3. Inventory Levels and New Listings

The increase in new listings indicates that sellers are taking advantage of the high demand in the market. More homes on the market give buyers options but also create competition. The overall inventory in Edmonton remains tight, which is contributing to quicker sales and rising prices.

Trends to Watch in Edmonton’s Single Family Homes Market

While current market conditions are crucial for both buyers and sellers, it’s important to keep an eye on emerging trends. Here are a few to watch in the coming months:

1. Sustainability and Energy-Efficient Homes

As more buyers become conscious of sustainability, the demand for energy-efficient homes and those with sustainable features is expected to rise. Edmonton’s real estate market is beginning to see more homes built with green technologies, including solar panels, energy-efficient appliances, and improved insulation.

2. Increase in Suburban Home Purchases

With the cost of living in urban centres like downtown Edmonton rising, many buyers are looking to the suburbs for more affordable, spacious options. Areas outside the city centre, like Fort Saskatchewan, St. Albert, and the surrounding rural regions, are seeing increased interest from homebuyers seeking larger lots and quieter neighbourhoods.

3. Technology in Home Buying and Selling

The technology used in real estate transactions is also evolving. Virtual tours, 3D walkthroughs, and digital signing of documents are becoming more common, particularly as the market continues to cater to tech-savvy buyers and sellers.

Advice for Buyers and Sellers in the Edmonton Market

For Buyers:

  1. Be Prepared for Competition: With the average sale price increasing and homes selling faster, be ready for potential bidding wars, especially for homes in desirable neighbourhoods.
  2. Get Pre-Approved: To make a strong offer, getting pre-approved for a mortgage is crucial. It shows sellers you’re serious and helps you move quickly when you find the right home.
  3. Look Beyond the Asking Price: The ask-to-sell ratio shows that homes are selling for a little above their asking prices, so you might need to adjust your budget.

For Sellers:

  1. Price Strategically: With homes selling slightly above the asking price, pricing your home correctly is key. Too high a price could deter buyers, while too low could leave money on the table.
  2. Prepare for Quick Sales: Homes in Edmonton are selling faster, so make sure your home is ready to go on the market. Clean and staged homes tend to attract more attention.
  3. Highlight Energy-Efficiency: If your home has energy-efficient upgrades, be sure to highlight these features, as they are becoming increasingly important to buyers.

Conclusion

The Edmonton detached single family home market is showing promising signs of continued growth and stability, despite some slight slowdowns in the number of sales. The increase in average prices, along with quicker sales, shows that the demand for homes in Edmonton remains strong. For both buyers and sellers, the key to success in the Edmonton market lies in staying informed, being prepared, and making strategic decisions based on the latest market data.

If you’re interested in buying or selling a detached home in Edmonton, contact Christina Reid today to get expert advice and guidance tailored to your specific needs.

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 10 April 2025

Parkland County Acreage Market Overview: March 2025

Parkland County Acreage Market Overview: March 2025

The Parkland County acreage market has been experiencing notable trends, and understanding these shifts is crucial for anyone looking to make a real estate investment.

Are you looking to invest in an acreage in Parkland County? Whether you’re considering a rural retreat, a hobby farm, or simply want to enjoy the space and privacy that comes with owning a larger property, Parkland County offers excellent opportunities for acreage buyers.

In this blog post, we will delve into the current state of the Parkland County acreage market, covering everything from average sale prices to key trends that influence both buyers and sellers. We’ll also provide insights into the local economy, property types, and why now may be the right time to explore the acreage market in this beautiful area of Alberta.

Overview of the Parkland County Acreage Market

Parkland County is known for its picturesque landscapes, including vast forests, rolling hills, and peaceful lakes, making it a sought-after destination for those seeking a rural lifestyle without sacrificing proximity to Edmonton. In fact, the county is ideally located for commuters, as it provides easy access to the city while maintaining the charm and tranquility of rural living.

Key Market Statistics for March 2025:

  • Total Properties Sold: 53, representing a 32.50% increase from the previous year.
  • New Listings: 112, showing a 17.89% increase compared to last year.
  • Average Asking Price: $763,000, reflecting a 4.37% rise.
  • Average Sale Price: $542,000, which is a decrease of 25.72% from March 2024.
  • Days on Market Until Sale: 162 days, a slight increase of 12.50%.

These numbers reveal important shifts in the market. While the average sale price has decreased slightly from the previous year, there has been a strong uptick in new listings and sold properties, indicating robust interest in acreage properties across the county.

Parkland County Acreage House Value Parkland County Acreage Sales Statistics

Below Graphs Are Interactive

Parkland County Acreage Listings

There was significant rise to 112 new listings a 17.89% increase from March of 2024.

Average List Price

The asking price is up by 4.37%, which suggests that sellers are still optimistic and pricing properties higher. However, the gap between asking and final sale prices has been narrowing, meaning buyers may have more room for negotiation.

Parkland County Acreage Sales

There was a 32.50% jump in sold properties, more buyers are discovering the appeal of rural properties, and sellers are capitalizing on the current demand.

March 2025 Parkland County Average Sale Price

While the average sale price has dipped by 25.72% in March 2025, the year-to-date (YTD) figure has shown a slight increase of 0.44%.

Parkland County Acreage Days on MLS®

The average days on market have increased by 12.50%, now at 162 days. This could signal that buyers are becoming more selective, or it may reflect the growing inventory and variety of properties available. Sellers who are prepared to adjust their expectations and price points may have more success in moving their properties.

Why Invest in Parkland County Acreages?

For those considering purchasing an acreage in Parkland County, there are several compelling reasons to do so.

  1. Proximity to Edmonton: Parkland County’s location just outside Edmonton offers a perfect balance between rural peace and urban convenience. Commuters can easily access the city for work, education, and leisure while enjoying the privacy and serenity of acreage living. For many, this proximity is a major factor in their decision to move to the county.
  2. Diverse Property Options: The acreage properties in Parkland County range from small hobby farms to expansive estates. Whether you’re looking for a smaller lot to build your dream home or larger parcels for farming or recreational purposes, there’s something for everyone. Buyers can also choose from a variety of styles, including rustic cabins, modern homes, and custom-built estates.
  3. Scenic Beauty and Outdoor Activities: The natural beauty of Parkland County is one of its most attractive features. The county is home to numerous lakes, parks, and forests, making it an ideal location for outdoor enthusiasts. Hiking, fishing, boating, and horseback riding are just some of the activities available to residents. For those who love nature, owning an acreage in Parkland County can be a dream come true.
  4. Investment Potential: As the population in the Edmonton area continues to grow, so does the demand for rural properties. Whether you’re looking for a long-term investment or a place to build your own home, Parkland County acreages offer significant potential. The county’s easy access to the city and its ongoing development makes it a promising area for real estate growth.

How to Navigate the Parkland County Acreage Market

For potential buyers, understanding the nuances of the acreage market is key to finding the right property at the right price. Here are some tips to help you successfully navigate the market:

  1. Know Your Budget and Financing Options: Acreage properties can vary widely in price depending on the location, size, and features. It’s important to have a clear budget and understand your financing options. Acreages often require specialized loans or higher down payments, so working with a mortgage broker experienced in rural properties is essential.
  2. Consider Property Zoning and Land Use: When buying an acreage, it’s essential to research zoning laws and land use regulations. Parkland County has specific rules that may affect how you can use your property. Whether you’re planning to build a home, start a farm, or develop recreational spaces, understanding local regulations will save you time and money.
  3. Inspect the Property Thoroughly: When purchasing an acreage, it’s important to conduct thorough inspections. Rural properties often have unique challenges, such as septic systems, wells, and outbuildings, that require attention. Hiring an experienced inspector with expertise in rural properties will ensure that you’re fully aware of any potential issues.
  4. Work with a Local Real Estate Agent: Partnering with a real estate agent who specializes in acreage properties in Parkland County can make the buying process smoother. A knowledgeable agent can help you identify the right properties, negotiate effectively, and guide you through the local market.

Selling Your Parkland County Acreage

If you’re a seller, understanding the market trends and preparing your property for sale is crucial for maximizing your return. Here are some strategies for selling your acreage:

  1. Set the Right Price: Pricing is always one of the most critical factors in selling real estate. If you price your property too high, it may sit on the market for an extended period. Conversely, pricing it too low could leave money on the table. Working with a real estate agent to set a competitive, market-based price is essential.
  2. Stage the Property: Staging is just as important for acreage properties as it is for urban homes. Clear the property of excess clutter, ensure the house is clean and inviting, and highlight the land’s best features, such as views, gardens, or any outbuildings.
  3. Highlight the Unique Aspects: Acreage properties often offer features that are not found in traditional homes, such as expansive views, privacy, and outdoor spaces. Be sure to emphasize these attributes in your listing. Highlight any trails, barns, or water features that make your property stand out.
  4. Use Professional Photography: High-quality photos are essential for online listings, especially for acreage properties. Showcase the property from its best angles, and consider aerial shots to capture the entire scope of the land.

Conclusion: Your Parkland County Acreage Awaits

Whether you’re buying or selling, the Parkland County acreage market in 2025 presents many opportunities. With a growing number of listings, a variety of properties to choose from, and competitive prices, it’s an ideal time to explore this beautiful area of Alberta.

As the demand for rural properties continues to rise, now is the perfect time to find your dream acreage in Parkland County. Whether you’re looking for a peaceful retreat or a new place to build your life, Parkland County offers the perfect setting for your next real estate venture.

For both buyers and sellers, understanding the current trends and working with an experienced agent is essential to navigating the Parkland County acreage market successfully.

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

10 April 2025

Edmonton Real Estate Market Update – March 2025

Edmonton Real Estate Market Update – March 2025

The Edmonton real estate market in March 2025 continues to show strong growth, offering exciting opportunities for both buyers and sellers. The market’s performance, with significant increases in prices and sales, is an indicator of a healthy, active housing sector. Whether you’re a first-time homebuyer, looking to sell, or interested in investment opportunities, the Edmonton market is one to watch. Here’s a detailed look at how the local real estate market is evolving and what these changes mean for you.

Search Edmonton Real Estate  Edmonton Real Estate how much is my home worth Edmonton Real Estate Statistics Edmonton Real Estate Statistics for my neighbourhood

Below Graphs Are Interactive.

Edmonton New MLS® Listings

New listings have also experienced significant growth. In March 2025, Edmonton saw 3,010 new listings, a 12.63% increase compared to March 2024. Year-to-date, the market has seen 7,230 new listings, reflecting a 13.20% increase from the same period last year.

The increase in new listings provides more options for buyers and indicates a more competitive market. For sellers, this is a great time to list your property and take advantage of the increased demand and higher prices.

Key Insights:

  • March 2025 New Listings: 3.01K, +12.63% YoY
  • YTD 2025 New Listings: 7.23K, +13.20% YoY

Sellers should take advantage of the market’s growth by listing their homes, as demand remains strong. Buyers, on the other hand, will benefit from more inventory but should move quickly to secure their ideal property.

Average List Price Edmonton Real Estate Market

The average asking price in Edmonton has seen a steady rise. In March 2025, the average asking price for homes was $493,000, marking a 5.98% increase compared to the same month in 2024. This increase in asking price aligns with the upward trend in the real estate market, reflecting both demand and the overall value increase of Edmonton homes.

Key Insights:

  • March 2025 Asking Price: $493K, +5.98% YoY

 

 

Home Sales In The Edmonton Real Estate Market

In March 2025, Edmonton saw 1,860 properties sold, marking a 3.98% increase from the previous year. Year-to-date (YTD) sales for 2025 also show a positive trend, with 4,470 homes sold, a 3.64% rise compared to March 2024. This increase in transactions indicates that there’s strong demand in the Edmonton real estate market, which is expected to continue as we move further into 2025.

Key Insights:

  • March 2025 Sales: 1.86K sold properties, +3.98% YoY
  • YTD 2025 Sales: 4.47K sold properties, +3.64% YoY

This growth signals an active market where buyers are keen, and sellers are seeing quicker results. For potential buyers, this is an opportunity to act before prices increase further.

Edmonton Average Home Sale Price 

The average sale price for March 2025 is $441,000, which is an 11.63% increase compared to March 2024. The year-to-date average sale price for 2025 stands at $429,000, showing an 11.10% rise over the same period in 2024.

Key Insights:

  • March 2025 Sale Price: $441K, +11.63% YoY

This continued price growth suggests that buyers need to be prepared for potentially higher prices, but the strong market conditions also indicate good value for those looking to invest.

Ask to Sell Ratio

The average ask-to-sell ratio in Edmonton in March 2025 was 99.6%, meaning homes are selling very close to their asking price. This ratio has seen a slight increase of 0.60% compared to the previous year. The high ask-to-sell ratio demonstrates that buyers are paying near asking price, which is great news for sellers looking to secure top value for their homes.

For buyers, this means that competition is fierce, and they may need to offer close to or at the asking price to be successful in securing their desired home.

Key Insights:

  • March 2025 Ask-to-Sell Ratio: 0.996, +0.60% YoY

 

Edmonton Real Estate Market -Average Days 

Properties in Edmonton are selling faster than they were a year ago. The average number of days on the market until sale in March 2025 was 50 days, a significant reduction of 18.03% from March 2024. In fact, properties in 2025 have been selling faster overall, with the YTD average being 59 days, which is a 22.37% decrease from last year.

This quick turnaround is a sign of a highly competitive market, where homes are moving off the market quickly due to high demand. Sellers should prepare for quicker sales, while buyers need to be prepared to act fast.

Key Insights:

  • March 2025 Days on Market: 50 days, -18.03% YoY
  • YTD 2025 Days on Market: 59 days, -22.37% YoY


As Edmonton continues to experience growth in both sales volume and pricing, it is clear that the real estate market remains strong and dynamic. With more listings, faster sales, and increasing prices, buyers and sellers alike are benefiting from a thriving housing sector.

For buyers, now is the time to act, especially before prices rise further. For sellers, the current market conditions make it an excellent time to list your home. Whether you’re looking for a new home or considering selling, Edmonton’s real estate market in March 2025 presents a wealth of opportunities.

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 10 April 2025

Spruce Grove Real Estate Market: March 2025 Update

Spruce Grove Real Estate Market: March 2025 Update

The Spruce Grove real estate market in 2025 promises to be an exciting year with key shifts in the market that could benefit both buyers and sellers. In this blog, we’ll explore the latest trends, average prices, and predictions for the upcoming months, drawing from the March 2025 data. Whether you’re looking to invest in Spruce Grove or find your dream home, this post will help you stay informed about the local real estate market.

As of March 2025, Spruce Grove’s real estate market has seen steady growth compared to the previous year. The number of sold properties and the average sales price have increased, indicating that Spruce Grove continues to be a desirable place for homebuyers.

 Spruce Grove Real Estate Market Statistics - How much is my home worth Spruce Grove Real Estate Market Statistics - PDF Market Report my neighbourhood

 

The below graphs are interactive

New MLS® Listing Count

While the number of new listings has seen a slight decline, with 148 properties listed in March 2025 (a 9.2% drop from last year), the total number of new listings year-to-date (YTD) remains relatively stable with just a 0.76% increase (398 listings in 2025 vs. 395 listings in 2024). The slight drop in new listings could suggest that sellers are holding back in anticipation of higher prices, creating a competitive environment for buyers.

Average Listing Price in Spruce Grove

The average asking price in March 2025 was $504,000, reflecting an 8.77% increase over the previous year. YTD, the average asking price rose by 15.55%, reaching $516,000 in 2025 compared to $447,000 in 2024. This substantial increase indicates that the demand for homes in Spruce Grove is outpacing supply, pushing prices higher.

Home Sales Spruce Grove

In March 2025, 116 properties were sold, marking a 5.45% increase over the previous year. This shows that more buyers are entering the market, making it a great time for sellers to list their homes. Year-to-date (YTD), there have been 265 properties sold, a 5.58% increase compared to the same period in 2024. This steady increase in sales suggests a positive outlook for the remainder of the year.

Spruce Grove Average Home Sale Price

The average sale price in March 2025 was $476,000, a 14.22% increase from March 2024. Over the course of the year, the YTD average sale price has risen by 19.09%, indicating the strong upward trajectory of home values in Spruce Grove. This is a clear signal for homebuyers to act quickly if they wish to secure a property before prices rise further.

Average Ask to Sell Ratio:
The average ask to sell ratio in March 2025 was 1.000, meaning homes are selling close to their asking price. This is a strong indicator of a seller’s market where demand is driving sale prices to meet asking levels. In 2024, this ratio was slightly lower at 0.987, but the rise to 1.000 shows that buyers are willing to pay asking prices to secure properties in this competitive market.

Days on Market Until Sale

The days on market until sale have significantly decreased, dropping by 42.65% year-to-date. In March 2025, properties sold in an average of 39 days, compared to 57 days in March 2024. This quick turnover highlights the high demand for homes in Spruce Grove and the fact that sellers are getting offers faster, particularly in this competitive market.

Why Spruce Grove is a Strong Real Estate Market

Spruce Grove, located just outside of Edmonton, has long been known for its family-friendly atmosphere, excellent schools, and close proximity to major amenities. The city’s growth over the past decade has led to increased interest in the real estate market. Whether you’re looking for a single-family home, townhouse, or acreage, Spruce Grove offers a variety of housing options that meet the needs of diverse buyers.

Proximity to Edmonton:
One of the key drivers of Spruce Grove’s real estate market is its proximity to Edmonton, Alberta’s capital. Homebuyers are drawn to the area because it offers a more affordable living option while still providing easy access to Edmonton’s employment, shopping, and entertainment hubs. This has led to an influx of people relocating to Spruce Grove for its suburban charm combined with city conveniences.

Expanding Amenities:
Spruce Grove continues to invest in its infrastructure, including new parks, schools, and shopping centres. The city’s growth is driving demand for homes as new residents look for modern amenities and conveniences in a family-oriented environment. These developments make Spruce Grove an attractive option for buyers seeking a high quality of life at a more affordable price than what is available in Edmonton.

Community Appeal:
Spruce Grove is known for its strong sense of community. The city hosts events throughout the year, including farmers’ markets, outdoor concerts, and festivals that attract both residents and visitors. This vibrant community spirit makes Spruce Grove an ideal location for families, retirees, and anyone seeking a welcoming place to live.

What Does This Mean for Buyers?

For prospective homebuyers in Spruce Grove, it’s important to understand the current dynamics of the market. The increase in home prices and the decrease in days on market mean that competition for available homes is fierce. Buyers will need to act quickly when they find the right property.

Tips for Buyers:

  1. Get Pre-Approved: In a market with rising prices and competitive bidding, being pre-approved for a mortgage will give you an edge over other buyers. Sellers are more likely to accept an offer from a buyer who is financially ready to make a deal.
  2. Stay Informed: Keep a close eye on new listings and market trends. With the average days on market dropping significantly, homes are selling quickly. Consider setting up alerts on real estate websites to be notified as soon as new properties that meet your criteria hit the market.
  3. Work with a Local Realtor: A realtor who knows the Spruce Grove market will have valuable insights and help you navigate the competitive environment. They can help you negotiate terms and ensure you’re making an informed decision.

What Does This Mean for Sellers?

For homeowners thinking about selling in Spruce Grove, the market conditions are currently favorable. With higher average sale prices and a quick turnaround on homes, this is a great time to list.

Tips for Sellers:

  1. Price Strategically: While home prices have increased, it’s important to price your home competitively. Homes in Spruce Grove are selling close to asking prices, but overpricing could lead to your listing sitting on the market longer than necessary. Work with a realtor to set a competitive price.
  2. Stage Your Home: Buyers in this market are looking for homes that are move-in ready. Staging your home, including minor repairs and aesthetic improvements, can make your listing more attractive and lead to a quicker sale.
  3. Be Prepared for Multiple Offers: In a seller’s market, you might receive multiple offers. Be ready to review and compare offers carefully. A realtor can help you evaluate offers based on terms, contingencies, and closing flexibility.

Future Outlook for Spruce Grove Real Estate

Looking ahead, the Spruce Grove real estate market is expected to continue its upward trend. With steady population growth and infrastructure investments, demand for housing will remain strong. However, it’s crucial for both buyers and sellers to stay flexible and adjust to the dynamics of the market.

As interest rates and the economy evolve, homebuyers should keep an eye on potential shifts that could impact their purchasing power. Similarly, sellers should be prepared for ongoing market fluctuations but can remain confident that the demand for homes in Spruce Grove is likely to stay strong.

Conclusion:

Spruce Grove’s real estate market in 2025 is an exciting and competitive space. With increasing sales prices, a decrease in the time homes spend on the market, and a steady increase in the number of sold properties, it’s clear that Spruce Grove remains a hot spot for homebuyers and investors alike. Whether you’re looking to buy or sell, understanding these trends and preparing accordingly will help you succeed in this dynamic market.

For anyone looking to buy, sell, or invest in Spruce Grove, working with an experienced local REALTOR® is essential. An expert can provide valuable insights, help navigate the intricacies of the market, and ensure that all transactions go smoothly.

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 10 April 2025

Stony Plain Real Estate Market Update | March 2025

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

Stony Plain real estate market key factors that influence property values, the types of properties available, and the advantages of living in this growing community.

Stony Plain, a charming town located just west of Edmonton, offers a unique blend of small-town charm and urban amenities. The Stony Plain real estate market has been quite dynamic in recent years, and as we move into 2025, it continues to offer opportunities for both buyers and sellers. Whether you are a first-time homebuyer, investor, or looking to upgrade, staying informed about the local market trends is crucial.

Stony Plain Real Estate Stony Plain Real Estate 

Below Graphs Are Interactive

Stony Plain Real Estate – New MLS® Listings 

New listings have seen a substantial rise in 2025, with a 30.43% increase in March compared to the same month last year. Year-to-date, new listings are up by 27.91%, indicating that sellers are more active and ready to capitalize on current market conditions.

Average Asking Price of Homes in Stony Plain

The average asking price for homes in Stony Plain saw a significant increase of 11.13% year-over-year, reaching $480K in March 2025. The YTD average asking price for 2025 is $529K, a marked increase from $425K in 2024. This price hike reflects growing demand in the area and increased interest in homes in this market.

Stony Plain Home Sales

In March 2025, there were 44 sold properties, which is a 6.38% decrease compared to March 2024. However, year-to-date (YTD) figures show a 3.67% increase in sold properties compared to last year. This suggests a steady demand for homes, despite a slight drop in monthly sales.

Average Home Sale Price

The average sale price in March 2025 was $378K, reflecting a 5.58% decrease from the previous year. However, when looking at the YTD data, there was a slight increase of 1.73% compared to the same period in 2024. This indicates some market volatility, with average sale prices fluctuating depending on the month.

Ask-to-Sell Ratio: The ask-to-sell ratio in Stony Plain remains strong, with a slight decrease of just 0.03% compared to last year. This ratio measures how close the final sale price is to the asking price, and a figure of 0.992 suggests that homes are generally selling near their asking price, further confirming a competitive market.

Average Days on Market

Homes in Stony Plain are selling faster this year, with the average number of days on the market decreasing by 45.57%. In March 2025, homes sold in an average of 43 days, compared to 78 days in March 2024. This sharp decline suggests that homes are being snapped up quickly, likely due to high demand and the competitive nature of the market.


Factors Influencing the Stony Plain Real Estate Market

Several factors contribute to the changes in the Stony Plain real estate market, and it’s important to understand how they work together to impact property values and buyer behaviour.

  • Economic Growth and Infrastructure Developments: Stony Plain has seen ongoing development in infrastructure and services, which has attracted both new residents and businesses. The town’s proximity to Edmonton has made it an attractive option for those looking for a quieter, more affordable alternative to city living while still being close to urban amenities.
  • Interest Rates: As with any real estate market, interest rates play a significant role in determining affordability. Over the past year, interest rates have fluctuated, which has caused some buyers to adjust their purchasing power. The Bank of Canada’s stance on interest rates will continue to have a direct impact on how much buyers are willing to pay for homes in Stony Plain.
  • Availability of Land and New Developments: Stony Plain offers a variety of housing options, from traditional single-family homes to newer developments. The availability of land and the potential for future developments are key drivers of the market, as new homes continue to be built to meet growing demand.
  • Quality of Life: The community of Stony Plain is known for its family-friendly environment, excellent schools, and access to recreational activities. These factors contribute to the town’s appeal, especially for young families and retirees. Additionally, Stony Plain’s small-town charm, combined with modern amenities, continues to attract those seeking a balanced lifestyle.

Real Estate Trends to Watch in 2025

Several real estate trends are expected to shape the Stony Plain market throughout 2025 and beyond. Here are some key trends that potential buyers and sellers should keep an eye on:

  • Increased Demand for Suburban Living: The trend of moving away from dense urban centers continues to drive demand for suburban and rural properties. Stony Plain, with its affordable housing options and close proximity to Edmonton, is positioned to benefit from this shift. Buyers who are looking for more space, larger yards, and a quieter lifestyle are increasingly turning to communities like Stony Plain.
  • First-Time Homebuyer Activity: As housing prices in Edmonton continue to rise, many first-time homebuyers are being priced out of the city. Stony Plain offers a more affordable entry point for buyers looking to purchase their first home. With increased listings and competitive pricing, 2025 could be a good year for first-time buyers to enter the market.
  • Luxury Homes and Acreages: Stony Plain is also becoming a popular destination for those seeking more luxurious properties, including large acreages and custom-built homes. The town’s increasing appeal to high-net-worth individuals seeking a more private and expansive lifestyle is expected to drive demand in this segment of the market.
  • Focus on Energy-Efficient and Sustainable Homes: As sustainability becomes more important to buyers, we expect to see a rise in the demand for energy-efficient homes in Stony Plain. Buyers are increasingly interested in homes that feature eco-friendly elements, such as solar panels, energy-efficient appliances, and sustainable construction materials.

Tips for Buyers in the Stony Plain Market

If you are considering buying in Stony Plain, here are a few tips to keep in mind as you navigate the market:

  • Work with a Local REALTOR®: A local real estate agent who understands the ins and outs of the Stony Plain market can help you find the right property at the right price. They can also provide insights into the local community, schools, and upcoming developments that may affect your investment.
  • Be Prepared to Act Quickly: With homes selling faster and demand on the rise, it’s important to be ready to make an offer as soon as you find a home you love. Get pre-approved for a mortgage and have your finances in order to make the process smoother.
  • Consider the Long-Term Investment: While the market may see some fluctuations, Stony Plain’s location and ongoing development make it a great long-term investment. Whether you are buying a starter home or a luxury property, consider how the area’s growth will affect property values in the future.

Tips for Sellers in the Stony Plain Market

For sellers looking to capitalize on the current market conditions, here are a few strategies to help your property stand out:

  • Price Your Home Competitively: While average sale prices have been rising, it’s important to price your home competitively to attract buyers. Work with your REALTOR® to determine a fair market value based on comparable properties in the area.
  • Stage Your Home for Success: A well-staged home can make a huge difference in how quickly it sells and the price you receive. Consider making small improvements, like fresh paint or updated landscaping, to enhance your home’s appeal.
  • Be Flexible with Showings: The faster homes are selling, the more competitive the market is. Being flexible with showing times and accommodating buyers’ schedules will increase your chances of selling quickly.

The Future of Stony Plain Real Estate

Stony Plain’s real estate market is poised for continued growth in 2025. With rising prices, more listings, and growing demand for suburban living, it’s an exciting time for both buyers and sellers in this vibrant town. Whether you are looking to buy or sell, understanding the local market trends and working with an experienced REALTOR® will help ensure that you make the most of your investment.

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

10 April 2025

Rural Strathcona County Acreage Market Update – March 2025

Rural Strathcona County Acreage Market Update – March 2025

The Rural Strathcona County acreage market is unique in that it combines the appeal of rural living with the convenience of proximity to Edmonton. For those looking to invest in acreage property, it is essential to compare Strathcona County to nearby areas like Parkland County or rural Edmonton.

Strathcona County, located just outside Edmonton, is known for its beautiful rural landscapes, large-acre properties, and close proximity to urban amenities. For those interested in purchasing an acreage, whether it be for a hobby farm, a secluded retreat, or a spacious home, Strathcona County offers a variety of options. This blog provides a comprehensive update on the acreage market in Strathcona County, including key statistics and insights to help both buyers and sellers navigate the current trends in the area.

March 2025 Rural Strathcona County Real Estate Market  Strathcona County Real Estate Market: March 2025 Chris Reid Realtor 

Bar graphs below are interactive

Strathcona County -Acreage Listings

Strathcona County saw 65 new listings in March 2025, a 6.56% increase compared to March 2024. This influx of listings suggests that more homeowners are deciding to sell, which could potentially offer buyers more options in the coming months.

Strathcona County – Average Acreage List Price

Sellers are setting higher asking prices in 2025, with an average of $949K in March, up 15.91% from the previous year. However, properties are selling for about 98.9% of the asking price, indicating that buyers are negotiating slightly under the listed price.

Strathcona County –Acreage Sales 

26 acreages sold in March of 2025, down from 40 in March of 2024.

There were 71 properties sold in 2025 so far, a 7.79% decrease from the same period in 2024. Despite the drop in sales, the overall market remains competitive, with strong demand for larger properties outside of Edmonton’s urban core.

Strathcona County Real Estate Market –Acreage Average Sales Price

The average sale price for an acreage in Strathcona County in March 2025 was $793K, marking an 8.16% increase from March 2024. On a year-to-date basis, the average sale price is $784K, reflecting a 5.39% increase compared to the previous year. This trend points to a stable market with moderate growth in home prices.

Strathcona County Acreage Average Days on Market

Acreages in Strathcona County are taking an average of 58 days to sell, a decrease of 10.77% from the previous year. This shorter time on the market is a positive sign for sellers, showing that properties are moving faster compared to 2024.

Comparing Strathcona County Acreages to Other Areas

Strathcona County’s acreage market is unique in that it combines the appeal of rural living with the convenience of proximity to Edmonton. For those looking to invest in acreage property, it is essential to compare Strathcona County to nearby areas like Parkland County or rural Edmonton.

  • Price Comparison: Strathcona County offers slightly higher average asking and sale prices compared to neighbouring regions. The premium is largely attributed to the county’s proximity to Edmonton, its superior infrastructure, and its variety of luxury rural properties.
  • Market Performance: Strathcona County’s acreage market is more competitive than that of Parkland County, where average sale prices tend to be lower and the rate of property sales is more gradual. Edmonton’s rural outskirts also present opportunities, but Strathcona County’s acreage properties remain in high demand due to their scenic beauty and access to urban amenities.

What This Means for Buyers and Sellers

For buyers, the market shows solid investment potential. While there may be fewer properties available, the increase in average sale prices indicates that Strathcona County acreages are appreciating in value. If you are looking to purchase an acreage, now could be a strategic time to make your move before prices rise further.

For sellers, it is a great time to list. With higher asking prices and shorter days on market, sellers have the opportunity to maximize their return. However, it is important to set a competitive price, as properties are generally selling for about 98.9% of the asking price, meaning overpricing can lead to extended market time.

Why Strathcona County?

Strathcona County offers several compelling reasons why it is a great place to buy an acreage:

  • Proximity to Edmonton: One of the most significant advantages of living in Strathcona County is its location. The county is just a short drive from Edmonton, allowing residents to enjoy the tranquility of rural life without sacrificing the convenience of city amenities. For commuters, this is a significant benefit.
  • Quality of Life: Strathcona County is home to excellent schools, parks, and recreational opportunities, making it an ideal place for families. The county is also known for its strong sense of community, and many residents enjoy the peace and privacy that comes with owning acreage.
  • Natural Beauty: Strathcona County boasts vast expanses of open fields, forests, and river valleys, making it one of the most picturesque rural locations near Edmonton. Whether you’re looking for a quiet retreat or a location for your hobby farm, Strathcona County offers diverse properties to suit different needs.
  • Zoning and Agricultural Opportunities: For those interested in farming, Strathcona County provides zoning that allows for agricultural use, making it an attractive place for hobby farmers or small agricultural businesses.

Tips for Buyers

If you are considering purchasing an acreage in Strathcona County, here are a few tips to keep in mind:

  • Do Your Research: Acreage properties are often unique, and no two are the same. Be sure to research each property thoroughly, including the zoning regulations, land use, and available utilities.
  • Budget for Additional Costs: Purchasing an acreage often comes with additional costs, such as well maintenance, septic systems, and land maintenance. Ensure that you have a clear understanding of the total cost of ownership.
  • Consider Future Development: Strathcona County is a growing region, so it’s essential to consider future development plans in the area. Make sure the land you are purchasing will continue to suit your needs as the county evolves.

Tips for Sellers

If you’re thinking about selling your acreage in Strathcona County, consider the following:

  • Price Your Property Right: Work with a real estate agent to set a competitive price. With the average sale price increasing in 2025, it’s crucial to balance a competitive price with the potential for a reasonable return on investment.
  • Enhance Curb Appeal: Acreage properties can be large, so it’s essential to present your property in the best possible light. Consider making minor landscaping improvements to improve the overall appeal.
  • Work with a Realtor: A local real estate agent with expertise in Strathcona County acreages can help guide you through the selling process. They will assist with pricing strategies, marketing, and negotiations to ensure you get the best possible outcome.

Conclusion

The acreage market in Strathcona County remains an attractive option for both buyers and sellers. With rising property values, shorter days on market, and a steady flow of new listings, it’s a dynamic time in the region. Buyers should act quickly to take advantage of opportunities, while sellers have the potential to make strong returns on their investment.

Whether you’re buying or selling, understanding market trends, property pricing, and local amenities will help you make the best decision for your needs. Strathcona County offers a unique blend of rural living and urban convenience, making it a highly sought-after location for acreage buyers in the Edmonton area.

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 Acreages in Strathcona County?

Whether you’re a buyer eager to find your perfect rural retreat or a seller ready to capitalize on this favourable market, I’m here to help. Reach out to explore available properties or to discuss your goals.

CONTACT ME HERE

Strathcona County Website

 

Edmonton New Home Builders - Trends and Market Updates 7 April 2025

Low Maintenance Yard for Your New Edmonton Home

how to create a Low Maintenance Yard for Your New Edmonton Home

When designing your dream home in Edmonton, your yard plays a vital role in enhancing its curb appeal, functionality, and overall enjoyment. However, as exciting as landscaping can be, maintaining a yard in Edmonton’s unique climate can be labor-intensive without the right plan. Whether you’re a first-time homeowner or looking for ways to simplify your outdoor space, a low-maintenance yard can save time, money, and effort while still providing beauty and utility.

In this blog, we’ll explore how to create a low-maintenance yard for your new home in Edmonton. From choosing the right plants to incorporating smart landscaping techniques, these tips will help you design a hassle-free outdoor space that fits your lifestyle.

Understanding Edmonton’s Climate for Landscaping

Before diving into yard design, it’s essential to consider Edmonton’s climate. With long, cold winters and short, warm summers, your landscaping choices should reflect the region’s weather patterns. Selecting hardy, drought-resistant plants and materials that withstand seasonal changes will help ensure your yard stays beautiful year-round with minimal upkeep.

1. Start with Smart Landscaping Design

A well-thought-out landscaping plan can significantly reduce the effort required to maintain your yard.

  • Create Zones: Divide your yard into functional zones, such as a patio, garden, and play area. This organization not only adds structure but also helps concentrate maintenance efforts.
  • Hardscaping: Incorporate non-plant elements like stone pathways, pavers, and decorative gravel. Hardscaping reduces the area that requires regular watering, mowing, and weeding.
  • Choose Simplicity: Stick to a minimalistic design. Avoid overly complex layouts or features that require frequent attention.

2. Opt for Native and Drought-Resistant Plants

Native plants are adapted to Edmonton’s climate and soil conditions, making them easier to grow and maintain. Some excellent choices include:

  • Perennials: Plants like purple coneflowers, black-eyed Susans, and sedums are hardy and come back year after year.
  • Shrubs: Low-maintenance shrubs like junipers and dwarf lilacs are perfect for adding greenery without constant pruning.
  • Ground covers: Replace high-maintenance grass with ground covers such as creeping thyme or clover.

Drought-resistant plants not only save water but also thrive in Edmonton’s dry summers.

3. Replace Traditional Grass with Alternatives

A lush, green lawn may be a classic look, but traditional grass can be one of the most time-consuming and resource-intensive parts of a yard. Instead, consider these low-maintenance alternatives:

  • Artificial Turf: Modern synthetic grass options look realistic and require no watering, mowing, or fertilizing.
  • Xeriscaping: This landscaping technique uses rocks, mulch, and drought-tolerant plants to create an attractive yard with minimal water needs.
  • Low-Mow Grasses: If you prefer a natural lawn, choose slow-growing grass varieties like fescue.

4. Install an Automatic Irrigation System

Watering is a critical but tedious aspect of yard maintenance. An automatic irrigation system can save you time and ensure your plants get the right amount of water. Features to look for include:

  • Drip Irrigation: Delivers water directly to plant roots, reducing waste.
  • Smart Timers: Adjust watering schedules based on weather conditions to avoid overwatering.
  • Zoning Capabilities: Allow you to water specific areas differently, depending on their needs.

5. Use Mulch to Suppress Weeds

Mulch is a simple yet effective way to reduce yard maintenance. Benefits of using mulch include:

  • Weed Control: Mulch prevents sunlight from reaching the soil, inhibiting weed growth.
  • Moisture Retention: It helps the soil retain moisture, reducing the frequency of watering.
  • Temperature Regulation: Mulch insulates plant roots, protecting them from extreme temperatures.

Choose natural mulch options like wood chips, bark, or compost for an eco-friendly solution.

6. Incorporate Low-Maintenance Outdoor Features

Adding functional and decorative features to your yard can make it more enjoyable without increasing maintenance needs. Consider:

  • Patios and Decks: A well-designed patio or deck offers a stylish, low-maintenance outdoor living space.
  • Fire Pits: Provide a cozy gathering spot that requires little upkeep.
  • Water Features: Opt for features like bubbling rocks or self-contained fountains that require minimal cleaning and maintenance.
  • Outdoor Furniture: Choose weather-resistant furniture made from materials like metal, teak, or composite plastic to avoid frequent replacements.

7. Focus on Sustainable Practices

Sustainability goes hand-in-hand with low maintenance. By adopting eco-friendly practices, you can reduce the resources needed to maintain your yard. Ideas include:

  • Rain Barrels: Collect rainwater to use for watering plants.
  • Composting: Create natural fertilizer from kitchen and garden waste.
  • Solar Lighting: Use energy-efficient solar-powered lights to illuminate your yard.

These practices not only benefit the environment but also reduce costs over time.

8. Simplify Garden Beds

Garden beds add visual appeal but can become labor-intensive without the right approach. To create low-maintenance garden beds:

  • Group Plants with Similar Needs: This makes watering and fertilizing more efficient.
  • Layer Plants: Use taller plants to provide shade for smaller ones, reducing water needs.
  • Install Edging: Durable borders made of stone, metal, or plastic keep soil and mulch in place while preventing grass encroachment.
  • Choose Perennials: Avoid replanting every year by focusing on hardy perennials.

9. Reduce Seasonal Maintenance

Edmonton’s seasonal changes can require significant effort, from raking leaves in the fall to clearing snow in the winter. Some tips to minimize seasonal tasks:

  • Plant Evergreens: Evergreens retain their foliage year-round, reducing leaf cleanup in autumn.
  • Use Gravel or Rocks: Avoid materials like bark that can scatter or degrade over time.
  • Invest in Quality Tools: Time-saving tools like leaf blowers and snow blowers can make seasonal chores easier.

10. Plan for Long-Term Success

Low-maintenance landscaping is an ongoing process. As your yard matures, regular but simple care can keep it in great shape. Key considerations include:

  • Soil Health: Test and amend your soil periodically to ensure it supports healthy plant growth.
  • Pruning Schedule: Prune shrubs and trees during the dormant season to encourage growth without overworking yourself.
  • Annual Assessments: Reevaluate your yard design each year and make small adjustments to maintain its low-maintenance appeal.

Benefits of a Low-Maintenance Yard

Investing in a low-maintenance yard offers several advantages:

  • Saves Time: Spend more time enjoying your outdoor space instead of working on it.
  • Reduces Costs: Lower water bills, fewer fertilizers, and less equipment mean significant savings over time.
  • Eco-Friendly: Sustainable landscaping practices help conserve natural resources and reduce waste.
  • Enhances Curb Appeal: A well-maintained yard boosts your home’s value and appearance.

Partnering with Edmonton Landscaping Experts

Designing a low-maintenance yard can feel overwhelming, especially if you’re new to homeownership or unfamiliar with Edmonton’s unique climate. Partnering with local landscaping experts can make the process seamless. Professionals understand the best plants, materials, and techniques to create an outdoor space that complements your home and minimizes upkeep.

Conclusion

Creating a low maintenance yard for your new Edmonton home doesn’t mean sacrificing beauty or functionality. By choosing the right plants, materials, and designs, you can enjoy a stunning outdoor space without dedicating countless hours to its upkeep. Whether you prefer a xeriscaped retreat or a lush yard with hardy native plants, the key lies in planning and smart choices tailored to Edmonton’s climate.

Start designing your hassle-free yard today and experience the benefits of low-maintenance living!

Have more questions on creating a Low Maintenance Yard for Your New Edmonton Home? Contact Chris Reid Edmonton REALTOR®.

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