St. Albert Real Estate Market May 2025

As we head into May 2025, St. Albert's real estate market continues to be extremely active, with rising property values, fast sales, and continued buyer interest. If you're looking to buy, sell, or invest, you want to be aware of the prevailing market trends.
Market Overview
- Average Sale Price: In March 2025, the average sale price in St. Albert reached $527,000, marking a 4.51% increase compared to March 2024. Year-to-date (YTD), the average sale price stands at $503,000, up 1.25% from the same period last year.
- Sales Volume: A total of 145 properties were sold in March 2025, reflecting a 27.19% increase from March 2024. YTD sales have climbed to 310 properties, a 19.69% rise over the same timeframe in 2024.
- New Listings: March 2025 saw 176 new listings, a slight 4.35% decrease compared to March 2024. However, YTD new listings have increased by 5.95%, totaling 463 listings.
- Days on Market: Homes are selling faster, with the average days on market dropping to 43 days in March 2025, a 31.75% decrease from March 2024.
- Ask-to-Sell Ratio: The average ask-to-sell ratio has slightly increased to 1.004, indicating that homes are selling at or just above their asking prices.
Neighborhood Spotlight: Kingswood
Kingswood is still one of St. Albert's most sought-after neighborhoods. As of May 2025, the average value of real estate within Kingswood is $786,943, an increase of 2.78% over last month. The average estimated rent is $3,560, and the sold price per square foot is $357.
What This Means for Buyers and Sellers
For Buyers: The market remains competitive, with homes selling quickly and often at or above asking prices. It's essential to be prepared, get pre-approved for a mortgage, and work closely with a knowledgeable realtor to navigate the fast-paced environment.
For Sellers: With rising prices and high demand, it's an opportune time to list your property. However, strategic pricing and effective marketing are key to attracting the right buyers and achieving optimal sale outcomes.

