For years, there has been a common belief in Fort McMurray that the summer real estate market slows down, that buyers disappear, and listings stall until the fall. As someone who lives and breathes this market, I’ve always questioned that idea. And after digging into the data from the past few summers, I can confidently say: that perception doesn’t hold up.

Here’s a look at the residential property sales volume in Fort McMurray over the summer months from 2022-2024:

Summer Sales Volume: June to August

2022

• June: 132

• July: 90

• August: 85

2023

• June: 106

• July: 97

• August: 103

2024

• June: 123

• July: 105

• August: 108

What we’re seeing is a pattern of consistently strong activity, especially in the months of June and July. Even August, often perceived as a “dead zone” for real estate had over 100 sales last year! These numbers suggest that summer is not only active, but in some years, outperforming other seasons. (Sales data from the Alberta Real Estate Association)

2025 Market Update So Far

As of now, year-to-date residential sales in Fort McMurray are up 11.85% compared to this time last year (Jan 1 – May 31 2024 = 481 homes sold, Jan 1 – May 31, 2025 = 538 homes sold). That’s a significant increase, and it points to continued buyer confidence as we move into the summer months.

This kind of growth doesn’t happen in a market that’s “on hold.” It happens when demand is real, inventory remains competitive, and both buyers and sellers are motivated.

So, Is Summer a Good Time to Sell in Fort McMurray?

Absolutely! In many cases, it’s one of the most strategic times to list.

Buyers are still actively looking. Relocations due to employment, current homeowners upsizing or downsizing, and new contracts tend to peak during summer. Families often prefer to move between school years. And let’s not forget the obvious advantage: homes show beautifully in summer. Landscaped yards, natural light, and longer showing windows all work in your favor.

What This Means for Sellers In The Fort McMurray Summer Real Estate Market

If you’ve been holding off on listing until “back to school” season, you might be missing one of the best windows of opportunity. The data supports it, and the conversations I’m having with clients reinforce it. Summer sales in Fort McMurray are not slowing down, they’re gaining momentum.

Let’s Talk About Your Strategy

Selling a home isn’t just about timing, it’s about market knowledge, preparation, and a customized plan that works for your property and goals. If you’re curious about what your home could sell for in today’s summer market, or if you want to understand how the current numbers could benefit your decision making, I’m here to help.

Reach out for a personalized market evaluation that’s rooted in the numbers, not just the narrative.

Written by Kate Arnold | REALTOR® with Coldwell Banker United

If you’re a homeowner in Fort McMurray wondering whether now is the right time to sell — you’re not alone. As the 2025 summer market picks up, many sellers are asking the same question: “Should I list now, or wait?” The truth is, summer can be one of the most strategic times to sell, especially in a market like Fort McMurray where timing, presentation, and local knowledge make all the difference. As a full-time REALTOR® who’s worked through every type of market since 2016, I’m here to give you the facts. Let’s dive into what you really need to know.

1. Summer 2025 Market Snapshot

Inventory is balanced but tightening in popular neighbourhoods like Timberlea, Stone Creek, Parsons North, Beacon Hill, Abasand and Eagle Ridge. Average days on market is improving for homes priced correctly. Buyers are motivated, especially those relocating or trying to get settled before fall.

Tip: If you’re in the $400K–$600K price range with features like large fenced yard, green space/greenbelt, a legal suite, or updated/renovated, you’re in demand.

2. Top 3 Reasons to Sell During the Summer

Curb appeal is at its best. Your home looks great with green lawns, blooming gardens, and plenty of natural light.

Higher buyer volume. Families are moving between school years, job relocations peak, and people have more flexibility to view homes.

Faster showings and smoother possessions. Better weather and longer days make every part of the process easier.

3. What Today’s Fort McMurray Buyers Are Looking For

• Updated kitchens and bathrooms

• Energy-efficient features like AC, windows, and furnace upgrades

• Income potential such as legal or in-law suites

• Move-in ready condition

• Proximity to schools, trails, or greenbelt

4. Pricing Right Still Matters

Overpricing often leads to longer time on market and price reductions. I always provide a data-backed comparative market analysis (CMA), not a guess. I also offer referrals for pre-listing inspections to help eliminate surprises before you go live.

5. How I Market Fort McMurray Homes Differently

• Professional photography and custom photo prep checklist

• Strategic pricing based on up-to-date market data

• Social media ads, MLS exposure, and targeted email marketing

• Thoughtfully planned open houses, if applicable

What You Can Do Right Now

• Request a free, no-pressure home valuation

• Download my photo prep checklist

• Ask for a copy of my Seller’s Guide for Fort McMurray

Let’s Chat

Not sure where to start? I’d be happy to take a look at your home and help you understand what it’s worth in today’s market. No obligation, just expert advice. Contact me today and let’s build a selling strategy that actually works.

Written by Kate Arnold | REALTOR® with Coldwell Banker United

Supply and Demand

As a dedicated REALTOR® in Fort McMurray, I make it a priority to provide monthly market updates so you can stay informed about real estate trends. However, this month, I decided to zoom out and take a macro look at the past decade’s data, and what I found was fascinating.

The trends over the last ten years tell a compelling story of how our market has shifted. Here’s a look at some key data (data source Pillar 9):

What the Data Reveals

• Declining Inventory:
  Over the past decade, inventory has steadily declined. In 2015, the average monthly inventory was 957 homes. By 2024, that number had dropped to 474 homes—a reduction of more than 50%. The only comparable dip occurred during the pandemic-driven market in 2021.

• Sales Volume Resilience:
  Despite fluctuating inventory, sales volume has shown remarkable resilience. Sales in 2024 reached 1,220 units, surpassing 2015 levels. This suggests strong buyer demand despite tighter supply.

• Price Growth:
  Notably, 2024 is one of the few years, outside of the 2021 pandemic bubble, where the average home price increased. This indicates a shift in market dynamics, favoring sellers as demand outpaces supply.

What Does This Mean for You?

For Sellers:

This low-inventory, high-demand environment is a prime opportunity to sell your home. With fewer properties on the market, sellers are in a strong position to attract competitive offers.

For Buyers:

For buyers, navigating a market with limited inventory can be challenging. Preparation is crucial—having your financing in place and a clear understanding of your needs will help you act quickly when the right home becomes available.

My Advice for 2025

If you’re a homeowner, consider scheduling an annual or semi-annual market update for your property. Staying informed about its value will help you make strategic decisions, whether you’re considering selling or simply curious about the market.

If you’re planning to buy, let’s work together to develop a plan that positions you for success. As your REALTOR®, I’ll ensure you’re equipped with the knowledge and tools to navigate this competitive market.

Let’s Chat

Real estate is constantly evolving, and the data from the past decade proves how dynamic the Fort McMurray market can be. Whether you’re thinking about buying, selling, or just staying informed, I’m here to help.

Let’s make 2025 your best real estate year yet!

Sales in August increased 4% year over year, resulting in an increased year-to-date sales growth of 4%. This growth was largely driven by gains in apartments and semi detached units. August saw a 2% increase in new listings, which led to slightly higher inventory levels year over year. With 532 units in inventory and 178 sales, the supply for July increased to 5.1 months compared wot 4.5 months in June.

Year -to-date average prices are flat compared to the previous year. Prices have increased for detached properties year to date. However, prices have decreased for semi-detached homes.

Sales in June increased 17 percent year over year, resulting in a year-to-date sales growth of 12 percent. This growth was largely driven by gains in detached and row-style units. June saw a 1 percent decline in new listings, which led to lower inventory levels year over year. With 516 units in inventory and 124 sales, the supply for June decreased to 4.2 months, compared to 4.4 months in May.

Despite minor monthly variations, year-to-date average prices are up 2 percent compared to the previous year. Prices have increased 1 percent for detached properties and 11 percent for apartments year to date. However, prices have decreased for semi-detached and row-style homes.

While summer is typically a slower season for real estate in Fort McMurray, recent trends have shown a consistent demand for homes during these months. In both 2022 and 2023, the market saw an average of 102 units sold each month during June, July, and August. This indicates that buyers are indeed out there, ready to make a move. As a seller, understanding the market dynamics and buyer preferences can help you achieve a successful sale. Here’s what you need to know.

Understanding Buyer Preferences

Buyers in the current Fort McMurray market generally fall into two categories:

1. Move-In Ready Enthusiasts: These buyers are searching for homes that are in pristine condition, requiring little to no additional work. They desire properties that are well-maintained, updated, and stylish (this last point seems to be huge!).  If your home falls into this category, chat with your agent about how to ensure your home stands out as a picture-perfect, move-in ready option.

2. Deal Seekers: This group is on the lookout for homes that may need some work but are priced competitively. They see potential in fixer-uppers and are willing to invest time and money into renovations. If your property needs a bit of TLC, make sure it’s priced right to attract these buyers.

Market Conditions: A Favourable Climate for Sellers

This summer presents a unique opportunity for sellers in Fort McMurray. Here’s why:

• Interest Rates Have Lowered: For the first time in four years, interest rates have decreased, making it more attractive for buyers to secure financing. This is stimulating buyer confidence!

• Relocations: Fort McMurray has always been transient.  With an influx of people moving to Alberta, our local population is also anticipated to increase.

• Homes Look Their Best in Summer: The vibrant summer months make properties appear more appealing. Lush green lawns, blooming gardens, and sunny skies create a positive first impression, making it the ideal time to showcase your home’s exterior and landscaping.

Conclusion

Selling your home in Fort McMurray’s typically slower summer market can be highly successful with the right approach. By understanding what buyers are looking for and leveraging the favourable conditions this summer, you can make your property stand out. Remember, price and presentation are the cornerstones of a successful sale. Whether you’re offering a move-in ready gem or a fixer-upper with potential, there’s a buyer out there waiting to make your home their own. Embrace the summer market, and take the necessary steps to ensure a smooth and rewarding selling experience.

Written by Kate Arnold