Housing Market Predictions: Trends on St Albert Real Estate

If you’re looking for real estate, St.Albert should definitely be on your list of places to consider when you’re looking to buy. St.Albert has all of the appeals of living in a small town – from its unique historical sites, beautiful parks, trails, and community events – with the advantage of being just minutes away from Edmonton.

Founded in the mid-1800s St. Albert is the epitome of classic and contemporary with historical buildings and all the modern amenities. St.Albert’s real estate scene is a mixture of established neighbourhoods that have had time to mature, and modern subdivisions with newer builds. 

Whether you’re looking to buy your first home, downsize/upsize, or buy an investment property, St. Albert real estate is a solid choice. It is great for those who don’t want the hustle and bustle of Edmonton – but still want the convenience of not being too far away from its perks.  Having grown up in St.Albert, I can speak to how amazing this city is firsthand.

That’s why we’ve put together our housing market predictions for St.Albert to help you make an informed choice about whether or not this is the community for you. 

1. St.Albert is booming – and will continue to do so

The St.Albert housing market is currently enjoying the pandemic boom – similar to many other communities- but that does not mean that first-time homebuyers are pushed out of the market.  Many people are also realizing that they need to upsize as working from home becomes more permanent, their family is growing, or they need more space. 

Our prediction: now is a great time to get in on St.Albert real estate. According to Zolo, the average home in St.Albert is currently $435K, with homes spending an average of just 36 days on the market. 

Are you a first-time homebuyer? Check out our tips for first-time buyers!

 

2. If you’re looking to sell – now is the time

If you live in St.Albert and have been humming and hawing about selling your home – now may be a perfect time. Homes are going quickly due to increased demand as the market continues to flood with interested buyers.  Many people who lived closer to work can now move to their dream communities (like St.Albert) as they can now work from home at least part-time. 

Zolo states that in the last 28 days, there were 128 new listings with approximately 109 homes sold. As we stated above. With turnaround times of just over a month – this could be the perfect time to sell your current home to upsize or to move to a different location within the Greater Edmonton Area.

 

I am a Realtor in the Greater Edmonton Area who can help you find or sell your home in St.Albert. Whether you are selling your property or finding your forever home, as one of Edmonton’s top REALTORS, I have the experience and the knowledge you need! Contact Jeneen by phone: (780) 904-4240 or by email: jeneens@remax.net.