Back
Alberta
Lethbridge County
Lethbridge
RedwoodHousing market
Redwood
Redwood

Redwood Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

52

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

6

New

6(-45.45% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 10, in 2023: 18, in 2022: 0

Total Sold Listings*

3

Median Sold Price

$432,500

Avg Days on Market

52 days

Median Bidding

-$4,900

Compared to number of sold, same period, in 2024: 8, in 2023: 6, in 2022: 1

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Redwood - All types

Sold vs Active vs New vs Relisted - Redwood - All types

Sold Price Distribution - Redwood - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Redwood - All types

Property type distribution based on data from the last 3 months.

Median Price - Redwood - All types

Just listed - Redwood

View all
pillar/IMG-A2215065_1.jpg
6 hours on market
$450,000
3605 22 Ave, Lethbridge
Detached3+23+11196.00 sq ft
Listed by 2 PERCENT REALTY
pillar/IMG-A2215028_1.jpg
8 hours on market
$296,900
3513 Forestry Ave, Lethbridge
Townhouse32+11028.00 sq ft
Listed by Maxwell Capital Realty - Lethbridge
pillar/IMG-A2213541_1.jpg
3 days on market
$579,900
1217 Great Lakes Pl, Lethbridge
Detached3+24+11924.31 sq ft
Listed by RE/MAX REAL ESTATE - LETHBRIDGE
Patio, unknown for 2020 32 St #170, Lethbridge Alberta T1K7T9
14 days on market
$344,900
2020 32 St #170, Lethbridge
Condo221383.00 sq ft
Listed by Real Estate Centre - Lethbridge
pillar/IMG-A2197891_1.jpg
57 days on market
$179,000
$•••,•••
3910 23 Ave #309, Lethbridge
Condo21+1836.90 sq ft
Listed by 2 PERCENT REALTY
pillar/IMG-A2167668_1.jpg
216 days on market
$549,900
1813 Elm Rd, Lethbridge
Detached3+131867.00 sq ft
Listed by RE/MAX REAL ESTATE - LETHBRIDGE

Just sold - Redwood

View all
pillar/IMG-A2188376_1.jpg
Sold 23 hours ago
Sold for $215,000
$25K below asking
2020 32 St #148, Lethbridge
Condo11868.00 sq ft
Listed by Century 21 Foothills South Real Estate
pillar/IMG-A2208147_1.jpg
Sold 3 days ago
Sold for $455,000
1610 Ashgrove Rd, Lethbridge
Detached3+13+11214.33 sq ft
Listed by RE/MAX REAL ESTATE - LETHBRIDGE
pillar/IMG-A2207924_1.jpg
Sold 3 days ago
Sold for $510,000
$5K below asking
4106 21 Ave, Lethbridge
Detached3+13+11709.00 sq ft
Listed by Grassroots Realty Group
pillar/IMG-A2202529_1.jpg
Sold 9 days ago
Sold for $335,000
$10K below asking
2020 32 St #260, Lethbridge
Condo12990.00 sq ft
Listed by Lethbridge Real Estate.com
pillar/IMG-A2203087_1.jpg
Sold 15 days ago
Sold for $135,000
4200 Forestry Ave #107, Lethbridge
Condo11646.00 sq ft
Listed by Braemore Management
pillar/IMG-A2204566_1.jpg
Sold 22 days ago
Sold for $150,000
3440 23 Ave #3, Lethbridge
Condo11735.81 sq ft
Listed by RE/MAX REAL ESTATE - LETHBRIDGE
pillar/IMG-A2206479_1.jpg
Sold 23 days ago
Sold for $420,000
$5K below asking
2212 36 St, Lethbridge
Detached2+221061.00 sq ft
Listed by SUTTON GROUP - LETHBRIDGE
pillar/IMG-A2205379_1.jpg
Sold 24 days ago
Sold for $212,000
4210 20 Ave #303, Lethbridge
Condo21993.00 sq ft
Listed by Lethbridge Real Estate.com
pillar/IMG-A2197269_1.jpg
Sold 29 days ago
Sold for $435,000
$14K below asking
1501 Aspen Pl, Lethbridge
Detached3+13+11267.80 sq ft
Listed by REAL BROKER
pillar/IMG-A2196285_1.jpg
Sold 31 days ago
Sold for $245,000
1415 Lakemount Blvd, Lethbridge
Townhouse21810.00 sq ft
Listed by REAL BROKER

Population and Demographics

Overview

Total population 2092
Average household income $97,894

Age (%)

65 and plus
28%
20 to 34
20%
50 to 64
19%
0 to 19
18%
35 to 49
14%

Household composition (%)

Single family
49%
Single person
45%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
89%
Others
4%
Spanish
2%
Tagalog (Pilipino, Filipino)
1%
Gujarati
1%

House tenancy (%)

Owners
54%
Renters
46%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance