Lethbridge County

RedwoodHousing market

Redwood

Redwood Housing Market Report

Strong Seller's Market

All types - for the month of August

Buyer's market Seller's market

1

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.

24

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*

4 active

New

6(-14.29% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2025: 10, in 2024: 9, in 2023: 12

Total Sold Listings*

6 sold

Median Sold Price

$440,850

Avg Days on Market

24 days

Median Bidding

-$2,250

Compared to number of sold, same period, in 2025: 3, in 2024: 6, in 2023: 8

*Data is for the month of August

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

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11 hours on Market

2223 42 St, Lethbridge

Detached3+24+12094.00 sq ft

Listed by Grassroots Realty Group

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27 days on Market

3802 Oak Dr, Lethbridge

Detached3+24+12410.78 sq ft

Listed by RE/MAX REAL ESTATE - LETHBRIDGE

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29 days on Market

$•••,•••

3606 Spruce Dr, Lethbridge

Detached3+131539.36 sq ft

Listed by REAL BROKER

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53 days on Market

3733 21 Ave, Lethbridge

Detached3+131920.00 sq ft

Listed by CUSTOM REAL ESTATE SOLUTIONS LTD

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63 days on Market

$•••,•••

3514 20 Ave #1, Lethbridge

Condo-2+1591.00 sq ft

Listed by Century 21 Foothills South Real Estate

Just sold - Redwood

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Sold for $540,000

$30K below asking

1218 Lakemount Pl, Lethbridge

Detached2+231288.00 sq ft

Listed by Royal Lepage South Country - Lethbridge

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Sold 13 days ago

Sold for $477,500

$7K below asking

3618 Forestry Ave, Lethbridge

Detached3+121195.00 sq ft

Listed by Lethbridge Real Estate.com

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Sold 21 days ago

Sold for $295,000

$5K below asking

2020 32 St #406, Lethbridge

Condo11807.00 sq ft

Listed by Lethbridge Real Estate.com

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Sold 29 days ago

Sold for $404,200

1302 Michigan Pl, Lethbridge

Detached3+14+31110.00 sq ft

Listed by Royal Lepage South Country - Lethbridge

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Sold 30 days ago

Sold for $485,000

2220 42 St, Lethbridge

Detached43+11232.00 sq ft

Listed by Real Estate Centre - Lethbridge

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Sold 35 days ago

Sold for $530,000

$5K above asking

3621 Redwood Rd, Lethbridge

Detached3+121232.00 sq ft

Listed by Grassroots Realty Group

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Sold 38 days ago

Sold for $321,000

$9K above asking

2020 32 St #321, Lethbridge

Condo11909.00 sq ft

Listed by Lethbridge Real Estate.com

pillar/IMG-A2328283_1.jpg

Sold 45 days ago

Sold for $599,900

3806 20 Ave, Lethbridge

Detached3+23+11403.26 sq ft

Listed by Grassroots Realty Group

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Sold 58 days ago

Sold for $288,500

2020 32 St #416, Lethbridge

Condo11694.00 sq ft

Listed by Royal Lepage South Country - Lethbridge

pillar/IMG-A2316871_1.jpg

Sold 60 days ago

Sold for $580,000

$20K below asking

94 Elm Cres, Lethbridge

Detached3+231507.00 sq ft

Listed by REAL BROKER

Population and Demographics

Overview

Total population 2092

Average household income $97,894

Age (%)

0 to 19

18%

20 to 34

20%

35 to 49

14%

50 to 64

19%

65 and plus

28%

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