March 2024 Market Stats
Central Alberta residential MLS sales in March were up 36% compared to February while the number of active listings only increased by 12%. The sales
Our blog articles provide the latest information and trends in real estate for Red Deer, keeping you in the know.
Central Alberta residential MLS sales in March were up 36% compared to February while the number of active listings only increased by 12%. The sales
Another good month in February, and another month where single family properties under $500k are still in very high demand. Low inventory is still a
January sales dipped 9 units from December, but that’s expected at this time of year. A week or two of -50 weather never helps buyer
Red Deer had a great month in December, posting 99 sales, with only 211 listings currently on the market. This marks a significant improvement from
The market remains strong and we saw another good month of activity in November, with Red Deer posting 122 sales. Sales were down slightly from
October sales dipped 22% (or 37 sales) from September, however this is a pretty normal trend as we move into the winter months. Inventory has
September is the beginnings of the fall market and usually when we see activity start to slow down, and while sales came down from the
Buyer demand remains strong in Central Alberta, with inventory levels still sitting at record lows. Red Deer saw 189 sales in August, down only 6
There has been considerable attention recently to the national housing situation, both in the news, Provincial Legislatures and the Federal Parliament. Millions of new immigrants
Low inventory and high demand continues to be the theme in Alberta. The Bank of Canada has another rate announcement scheduled for July 12, and

Interest rates are one of the biggest factors influencing real estate decisions — even for people who aren’t actively buying
September sales continued to slow as we moved into the fall market, and Red Deer is continuing its shift towards
August sales continued to cool as we moved toward the end of summer, and the Red Deer market is continuing
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.