Posted by Kent Braaten on Thursday, August 7th, 2025 9:45am.
Prince Albert’s housing market saw a strong showing in July 2025, with increased sales and continued upward momentum in home prices. Demand remains resilient while active listings shrink, reinforcing the city’s position in a seller’s market.
In July, 68 homes were sold in Prince Albert—an increase of 21% compared to July 2024 and nearly 25% above the 10-year average. Buyers continue to seek value and space in this growing regional hub.
Despite a 12% increase in new listings (108), active inventory levels remain tight. There were 174 active listings at the end of the month, and more than 40% of those were already conditionally sold—leaving only 101 available homes heading into August.
The benchmark price reached $240,800, marking a 5% increase year-over-year. This price strength reflects ongoing competition among buyers, even as mortgage rates remain elevated.
Homes are moving quickly, with a median days-on-market of just 30 days, and the sales-to-new listings ratio sits at 0.63, signaling a well-balanced but slightly competitive environment for buyers.
68 homes were sold, which is 21% higher than July 2024 and 25% above the 10-year average.
The benchmark price in July 2025 is $240,800—up 5% year-over-year.
Yes. With limited inventory and rising prices, Prince Albert is showing strong seller’s market conditions.
At 30 days, it indicates that homes are selling quickly due to demand and limited supply.