Market report · May 2025
Fort McMurray housing market: May 2025
The average sale price in Fort McMurray in May 2025 was $392,035, with no year-earlier figure to compare against. 109 homes sold against 234 new listings — 4.2 months of supply, a buyer's market.
What happened in May 2025
Fort McMurray recorded 109 sales in May 2025. Sellers brought 234 new listings to market, leaving 459 properties in inventory. At the month's pace of sales that is 4.2 months of supply, which puts Fort McMurray in a buyer's market. 47% of the month's new listings sold.
The average sale price across all property types was $392,035 and up 5.3% on the month.
AREA publishes an average sale price for Fort McMurray — not a benchmark or median. On roughly a hundred sales a month an average moves with the mix of what sold, so read sales, inventory and months of supply for the trend.
The two years to May 2025
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory | Months of supply |
|---|---|---|---|---|---|---|
| Detached | $464,253 | — | 78 | 161 | 302 | 3.9 |
| Semi-detached | $341,567 | — | 6 | 13 | 25 | 4.2 |
| Row / townhouse | $255,433 | — | 9 | 24 | 56 | 6.2 |
| Apartment | $135,738 | — | 16 | 36 | 76 | 4.8 |
| All types | $392,035 | — | 109 | 234 | 459 | 4.2 |
Source: the Alberta Real Estate Association, Fort McMurray, May 2025.
What this means for your mortgage
Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. If you're planning a purchase in Fort McMurray, get the financing settled first — run your numbers, check today's rates, or start an application and we'll tell you exactly where you stand.
Buying in Fort McMurray?
Get a real pre-approval before you shop — it's the difference between a budget and a guess.