Welcome to your October 2025 real estate market update for Stony Plain, Spruce Grove, and Parkland County. Whether you’re actively looking to buy or sell, or simply keeping an eye on the latest trends, here’s what you need to know.
Spruce Grove: Single-Family Homes The single-family market in Spruce Grove demonstrated continued steady growth in October. Sales: 68 homes were sold. Average Sold Price: $507,000, a healthy 2% increase over the previous month. Year-over-Year: Sold prices are up 7% compared to October 2024. Days on Market: The average time on the market was 44 days. Stony Plain: Single-Family Homes Stony Plain also saw steady gains in its single-family home market. Sales: 27 homes sold. Average Sold Price: $475,000, marking a 6% increase from the prior month. Year-over-Year: Sold prices jumped an impressive 13% compared to October 2024. Days on Market: The average time on the market was 54 days. Parkland County: Acreages The acreage market in Parkland County experienced a shift in October after a very busy September. Sales: 29 country residential properties were sold. Average Sold Price: $735,000. Month-over-Month: Sales were down 40%. Year-over-Year: Sold prices were down 8% compared to October 2024. Days on Market: The average time on the market was 37 days. Market Outlook The regional market is continuing its shift toward a more balanced state compared to the earlier parts of the year. Increased inventory is providing buyers with more options, potentially making the upcoming winter months an ideal time to purchase. It’s important to remember that market conditions are local—what’s happening here can differ from trends elsewhere in Alberta or the country. For a more detailed breakdown by property type or to discuss your personal real estate goals, please feel free to reach out.