Red Deer County

Deer Park VillageHousing market

Deer Park Village

Deer Park Village Housing Market Report

Strong Seller's Market

All types - for the month of May

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.

19

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*

2 active

New

2(-60.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 3, in 2023: 3, in 2022: -

Total Sold Listings*

4 sold

Median Sold Price

$496,000

Avg Days on Market

19 days

Median Bidding

-$3,900

Compared to number of sold, same period, in 2024: 7, in 2023: 4, in 2022: -

*Data is for the month of May

Median Sold Price vs Average Days and Average Total Days on Market - Deer Park Village - All types

Sold vs Active vs New vs Relisted - Deer Park Village - All types

Sold Price Distribution - Deer Park Village - All types

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

Property Type Distribution - Deer Park Village - All types

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

Median Price - Deer Park Village - All types

Just sold - Deer Park Village

pillar/IMG-A2211820_1.jpg

Sold 21 days ago

Sold for $494,900

$30K below asking

31 Dietz Close, Red Deer

Detached2+23+11501.00 sq ft

Listed by Century 21 Maximum

pillar/IMG-A2213659_1.jpg

Sold 36 days ago

Sold for $595,000

$15K below asking

47 Day Close, Red Deer

Detached4+24+12512.00 sq ft

Listed by Royal Lepage Network Realty Corp.

pillar/IMG-A2213656_1.jpg

Sold 42 days ago

Sold for $475,900

$30K above asking

25 Dunn Close, Red Deer

Semi-Detached1+23+11282.64 sq ft

Listed by RE/MAX real estate central alberta

pillar/IMG-A2216806_1.jpg

Sold 43 days ago

Sold for $487,000

29 Dempsey St, Red Deer

Detached2+231308.00 sq ft

Listed by RE/MAX real estate central alberta

pillar/IMG-A2215339_1.jpg

Sold 45 days ago

Sold for $505,000

14 Dumas Cres, Red Deer

Detached2+131259.00 sq ft

Listed by Royal Lepage Network Realty Corp.

pillar/IMG-A2200470_1.jpg

Sold 70 days ago

Sold for $380,000

$15K below asking

38 Duncan Cres, Red Deer

Detached431241.03 sq ft

Listed by Grassroots Realty Group Ltd.

pillar/IMG-A2192866_1.jpg

Sold 100 days ago

Sold for $565,000

$35K below asking

70 Dobler Ave, Red Deer

Detached3+231593.18 sq ft

Listed by RE/MAX real estate central alberta

pillar/IMG-A2196192_1.jpg

Sold 100 days ago

Sold for $470,000

$5K below asking

95 Davison Dr, Red Deer

Detached3+131455.00 sq ft

Listed by Century 21 Maximum

pillar/IMG-A2172627_1.jpg

Sold 156 days ago

Sold for $545,000

$15K below asking

18 Denison Cres, Red Deer

Detached3+231893.49 sq ft

Listed by Honestdoor Inc.

pillar/IMG-A2174573_1.jpg

Sold 217 days ago

Sold for $400,000

28 Drake Close, Red Deer

Detached3+13+11662.00 sq ft

Listed by eXp Realty

Population and Demographics

Overview

Total population 1886

Average household income $142,634

Age (%)

0 to 19

24%

50 to 64

22%

35 to 49

20%

65 and plus

18%

20 to 34

16%

Household composition (%)

Single family

77%

Single person

18%

Multi person

4%

Multi family

0%

Mother tongue (%)

English

90%

Others

2%

Tagalog (Pilipino, Filipino)

2%

French

1%

Spanish

1%

House tenancy (%)

Owners

86%

Renters

14%

Transportation

Car Friendly

4/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-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