As we move further into 2025, Fort McMurray’s real estate market is showing clear signs of a shift. One of the most significant factors shaping the market right now is limited inventory. With fewer homes available, buyers are facing increased competition, creating favourable conditions for sellers who are ready to list.
If you’re considering selling your home this year, you may be wondering: Should I list now or wait until spring? While spring is often considered the “hot” season for real estate, here are a few reasons why listing ahead of the rush might be the best move for you.
1. Low Inventory Means Less Competition
Currently, Fort McMurray is experiencing one of the lowest inventory levels in the past decade. As of February 3, there are currently 359 active listings with 51 of those listings under contract to sell. Since January 1, 2025 there have been 74 firm sales (source: Pillar 9). Fewer homes on the market means potentially favourable conditions for sellers. With limited options available, buyers are more motivated to act quickly and make competitive offers.
2. Buyer Confidence is Rising
Over the past year, we’ve seen a steady increase in sales volume and average sale prices. In 2024, sales volume was up 15%, while the average sale price increased by 4%. These trends + Bank Of Canada’s 6th rate cut in a row indicate that buyers are feeling confident in the market and are willing to move forward with purchases. If this momentum continues, sellers who list now could benefit from motivated buyers who are ready to make a move before the market becomes saturated in the spring.
3. Get Ahead of the Spring Rush
Spring is typically when more homes hit the market, meaning increased competition for sellers. Listing your home now allows you to attract serious buyers without competing against a flood of new listings. By the time spring arrives, you could already be well on your way to a successful sale.
4. Serious Buyers Are Already Looking
Many buyers are actively searching for homes today. Some have been pre-approved and are just waiting for the right property to hit the market. With low inventory and increasing buyer demand, you could secure a strong offer faster than you think.
Let’s Plan Your Next Steps
If I’ve reached out to you recently, it’s because I believe your home could be a great fit for the current market conditions. If selling is on your list for 2025, now is the time to book your free market evaluation or follow up on a previous one.
Even if you’re still on the fence about listing your home, a market evaluation is a valuable tool to keep in your back pocket. It doesn’t mean you have to sell, but it does give you the insights you need to make an informed decision.
I have set aside time this month for homeowners who want to explore their options. If you’re curious about what your home is worth in today’s market or want to discuss your real estate goals, let’s chat!
📩 Book your free, no obligation market evaluation today. I’m here to help guide you to a successful sale!