In this month’s market report, we’ll break down the latest stats, offer insights into pricing trends, and share what these numbers mean if you’re thinking about buying or selling a home in St. Albert.
March 2025 At a Glance
- Total Homes Sold: 140
- Median Sale Price: $505,000
- Average Sale Price: $528,413
- Highest Sale Price: $1,550,000
- Lowest Sale Price: $120,500
These numbers reflect a healthy and active marketplace, with a wide range of homes for sale—from starter condos to luxury properties—continuing to attract a broad mix of buyers.
Pricing Trends in St. Albert
The median sale price in March landed at $505,000, which continues to reflect the strong demand for family-friendly single-family homes and updated properties in desirable neighbourhoods like Erin Ridge, Oakmont, and Kingswood.
The average price, coming in slightly higher at $528,413, suggests that higher-end sales are still playing a role in driving up overall pricing. St. Albert continues to attract move-up buyers and professionals looking for spacious, well-maintained homes with easy access to Edmonton and all the amenities St. Albert offers.
On the more affordable end, the lowest sale recorded in March was just $120,500, showcasing that entry-level condos and townhomes remain available for first-time buyers or investors.
Inventory and Buyer Activity
While the total number of sales was strong, low inventory in some price brackets—particularly the $300,000–$400,000 range—means that well-priced homes are continuing to move quickly. Multiple offer situations are still common in certain neighbourhoods and property types, especially those with modern updates or move-in-ready condition.
Buyers are active and increasingly decisive, likely due to lingering uncertainty around future interest rate changes and the usual seasonal uptick in motivation as we head toward summer.
What This Means for Sellers
If you’ve been considering listing your home, the spring market is already heating up. Well-presented, competitively priced homes are selling quickly, with the median time on market trending lower than in previous months.
March’s results confirm that St. Albert real estate remains in high demand. To maximize your return, now is the time to prepare your home for listing, especially if your property falls within the high-demand family home segment. Even higher-end homes—those priced above $700,000—saw solid movement in March.
What This Means for Buyers
Buyers need to be strategic and ready to act. The range of homes for sale in St. Albert is still strong, but the most desirable properties are not sitting long. If you’re looking in competitive price ranges, it’s critical to have pre-approval in place and work with an agent who can help you stay ahead of new listings.
That said, opportunities still exist. Some areas are seeing balanced conditions, and buyers willing to be flexible on location or finishings can still find good value.
Local Insights: What We’re Seeing on the Ground
In St. Albert, we’re seeing continued interest in walkable neighbourhoods close to parks, schools, and amenities. Families are especially drawn to properties near trails and green space, which remains a hallmark of our community.
Renovated kitchens, updated bathrooms, and energy-efficient features are catching buyer attention more than ever. Meanwhile, older homes without updates are sitting longer unless priced aggressively.
Looking Ahead
As we enter April, the expectation is that new listings will continue to rise, providing more choice for buyers. But if demand keeps pace—especially from those moving up or relocating to the area—we may see further price pressure in certain categories.
Keep in mind that St. Albert’s real estate market tends to stay resilient, supported by strong local amenities, excellent schools, and a high quality of life that consistently draws people to the city.
Thinking of buying or selling this spring?
Let’s talk. Whether you’re preparing to list your home or trying to find the perfect place, a data-driven strategy will help you make the most of today’s market conditions. I’m here to help you navigate the process with confidence.
Want a free home evaluation or to be notified when a property hits the market on your street? Just reach out—I’m happy to help.
