Red Deer
Red Deer Housing Market Report
Strong Seller's Market
All types - for the month of March
Buyer's market Seller's market
1
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.
27
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*
175 active
New
222(+8.82% YoY)
Relisted
1(-50.00% YoY)
Compared to number of active, same period, in 2024: 269, in 2023: 327, in 2022: 1
Total Sold Listings*
144 sold
Median Sold Price
$408,750
Avg Days on Market
27 days
Median Bidding
-$3,950
Compared to number of sold, same period, in 2024: 151, in 2023: 144, in 2022: 1
*Data is for the month of March
Median Sold Price vs Average Days and Average Total Days on Market - Red Deer - All types
Sold vs Active vs New vs Relisted - Red Deer - All types
Sold Price Distribution - Red Deer - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Red Deer - All types
Property type distribution based on data from the last 3 months.
Median Price - Red Deer - All types
Just listed - Red Deer
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Just sold - Red Deer
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Population and Demographics
Overview
Total population 98784
Average household income $116,032
Age (%)
0 to 19
24%
35 to 49
22%
20 to 34
20%
50 to 64
19%
65 and plus
15%
Household composition (%)
Single family
62%
Single person
31%
Multi person
6%
Multi family
0%
Mother tongue (%)
English
87%
Tagalog (Pilipino, Filipino)
4%
Others
4%
Spanish
2%
French
1%
House tenancy (%)
Owners
65%
Renters
35%
Top 5 Schools in Red Deer
Escuela Vista Grande4747-53 street, T4N 2E6, Red Deer, AB
6.5/10
Public•
École Camille J Lerouge School5530 - 42A Avenue, T4N 3A8, Red Deer, AB
6.2/10
Public•
École Secondaire Notre Dame High School50 Lees Street, T4R 2P6, Red Deer, AB
6.1/10
Public•
Lindsay Thurber Comprehensive High School4204 - 58 Street, T4N 2L6, Red Deer, AB
6.1/10
Public•
Hunting Hills High School150 Lockwood Avenue, T4R 2M4, Red Deer, AB
5.7/10
Public•