The August 2025 real estate market in Prince Albert continues to show resilience and strength despite seasonal shifts.
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Benchmark Price: The total residential benchmark price rose to $279,800, marking an 11.5% year-over-year increase
This steady growth reflects buyer confidence and continued demand.
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Sales: There were 46 sales, up 7.0% from last year and slightly higher than year-to-date averages
0825 Prince Albert Monthly
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New Listings: At 62 new listings, supply is down 17.3% year-over-year, tightening options for buyers
0825 Prince Albert Monthly
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Inventory: Inventory fell to 144 units, down nearly 21% compared to last year, which further strengthens seller positioning
0825 Prince Albert Monthly
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Months of Supply: Sitting at just 3.13 months, the market is leaning toward a seller’s market, well below the 10-year average
0825 Prince Albert Monthly
Key Takeaway
Prince Albert’s market is competitive and price-strong, offering opportunities for sellers while challenging buyers with lower inventory. Strategic preparation and professional guidance are more important than ever when entering this market.
FAQs
What was the benchmark price in Prince Albert for August 2025?
The benchmark residential price reached $279,800, up 11.5% from August 2024.
How many homes sold in August 2025?
There were 46 residential sales, a 7% increase year-over-year.
Is Prince Albert a buyer’s or seller’s market right now?
With only 3.13 months of supply, the market leans toward sellers.
How does the current inventory compare to last year?
Inventory is down nearly 21% compared to August 2024, creating a more competitive market.
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