Welcome back to another Market Minute – this time, we’re zeroing in on what’s happening in Blackfalds, Alberta, and why it matters if you're planning to buy or sell in 2025.
The spring market is showing strong momentum in Blackfalds, and the latest numbers paint a picture of both opportunity and strategy for buyers and sellers alike.
Key Highlights from March:
🏡 Sales are up: 34 properties sold in March, which is a 41% increase over the same time last year.
📈 Prices are climbing: The average sale price has jumped nearly 15%, reflecting strong buyer demand.
📦 Inventory has more than doubled: Up 107% year-over-year, which brings us to about 1.6 months of inventory on the market.
So, what does all this mean?
For Sellers:
This is still your market—but timing is key.
Demand is strong, and prices are clearly in your favour. But with more listings entering the market, you’re not the only one looking to take advantage of these conditions. Increased competition means pricing, presentation, and preparation matter more than ever.
If you’ve been on the fence about selling, this spring might be your best window before supply catches up and the market begins to balance out.
For Buyers:
You’ve got more breathing room—use it wisely.
Yes, prices are higher than they were a year ago, but the increase in inventory gives you more options and potentially less pressure to make rushed decisions. That said, competition still exists—especially for move-in-ready homes in great locations—so being prepared with financing and a clear plan will help you act when the right home comes along.
What’s Next?
Interest rates and inflation are still influencing buyer behaviour. If rates stay steady—or drop slightly as some predict—we could see another spike in activity heading into summer. But if affordability tightens, we might see homes sitting on the market a little longer, gradually shifting the balance.
Whether you're buying or selling in Blackfalds, staying informed is your best strategy. Curious what your home could sell for? Or what’s available that fits your budget and lifestyle? I’d love to help you navigate it all.
📩 Get in touch today, and let’s find your next step—confidently.