March was a busy month for the St. Albert real estate market! Combining data from recent reports, we saw a total of 144 residential properties sold, showcasing the wide variety of homes available and strong activity across different price points.
Overall Market Highlights:
Total Sales: 144 residential properties were reported sold in March.
Price Range: The market saw a vast range in sale prices, starting from a low of $120,500 and reaching a high of $1,550,000.
Market Segments:
Properties selling up to $590,000 had a median sold price of $440,000 and an average of $417,397.
Properties selling above $590,000 showed a median sold price of $727,250 and an average of $799,614.
Days on Market (DOM): Properties sold relatively quickly on average, although the time varied significantly depending on the specific property. Across all sales, DOM ranged from just 0 days up to 538 days for one listing.
Property Types & Trends:
The sales included a diverse mix of property types:
Apartments & Condos (APTLO/APTHI/CARRI): Sales ranged from units built in the early 1980s to newer builds (2016-2020). Prices started at $120,500 and went up, including a high-rise unit selling for $480,000.
Townhouses (TOWNH): Units built from 1970 up to 2024 were sold. Prices generally ranged from around $205,000 to over $530,000, with some newer builds also featuring.
Half-Duplexes & Attached Homes (HDUP/ATTCH): Sales included units built from the late 1970s to 2025. Sold prices typically fell between the mid-$300,000s and the high $600,000s, reaching up to $699,800 for a new build bungalow style half-duplex. Newer attached homes from 2024 also sold in the mid-$400,000s.
Detached Homes (DETCH): This category saw the most activity and the widest price range. Sales included various styles (bungalows, bi-levels, split-levels, 2-storeys) built across many decades, from the 1950s/60s up to new builds in 2024/2025. Sold prices started around $320,000 and went all the way up to the month's high of $1,550,000. The higher end of the market (above $590k) consisted almost entirely of detached homes.
Key Takeaways:
The combined March 2025 data paints a picture of a robust and diverse St. Albert real estate market. There was significant activity across all property types and price brackets, from entry-level condos to luxury detached homes. The presence of sales at both the lower and very high ends of the price spectrum indicates broad market health.
Understanding these trends is vital whether you are considering buying or selling in St. Albert.