Red Deer County

Riverside MeadowsHousing market

Riverside Meadows

Riverside Meadows Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

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.

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*

3 active

New

2(-75.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 11, in 2023: 7, in 2022: -

Total Sold Listings*

- sold

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: 5, in 2023: 1, in 2022: -

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Riverside Meadows - All types

Sold Price Distribution - Riverside Meadows - All types

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

Property Type Distribution - Riverside Meadows - All types

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

Median Price - Riverside Meadows - All types

Just listed - Riverside Meadows

pillar/IMG-A2213377_1.jpg

3 days on market

5806 61 St #14, Red Deer

Townhouse21887.00 sq ft

Listed by Century 21 Maximum

pillar/IMG-A2210452_1.jpg

8 days on market

5813 60 Ave, Red Deer

Semi-Detached1+22+1704.00 sq ft

Listed by Royal Lepage Network Realty Corp.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 5601 Kerrywood Dr #212, Red Deer Alberta T4N 4X3

15 days on market

5601 Kerrywood Dr #212, Red Deer

Condo22949.85 sq ft

Listed by RE/MAX real estate central alberta

Just sold - Riverside Meadows

pillar/IMG-A2190503_1.jpg

Sold 15 days ago

Sold for $260,000

$19K below asking

5717 57 St, Red Deer

Detached1+22822.00 sq ft

Listed by 2 Percent Realty Advantage

pillar/IMG-A2187481_1.jpg

Sold 71 days ago

Sold for $175,000

5806 61 St #12, Red Deer

Townhouse32+1978.00 sq ft

Listed by Royal Lepage Network Realty Corp.

pillar/IMG-A2188121_1.jpg

Sold 77 days ago

Sold for $175,000

$5K below asking

5709 60 Ave, Red Deer

Detached21726.00 sq ft

Listed by CIR Realty

Population and Demographics

Overview

Total population 2218

Average household income $71,569

Age (%)

0 to 19

24%

20 to 34

24%

35 to 49

22%

50 to 64

19%

65 and plus

12%

Household composition (%)

Single family

47%

Single person

44%

Multi person

9%

Multi family

0%

Mother tongue (%)

English

80%

Tagalog (Pilipino, Filipino)

6%

Spanish

4%

Others

3%

Arabic

2%

French

1%

House tenancy (%)

Renters

69%

Owners

31%

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance