Monthly

October 2025 Red Deer Real Estate Market Report

Balanced conditions persist as the year-end market takes shape

October 2025 Red Deer Residential
$434,704
Average Sale Price
+19.6% vs last year
165
Total Sales
+23.1% vs last year
197
New Listings
+28.8% vs last year
50.2%
Absorption Rate
-10.0% vs last year

Market Trends

Average Sale Price Trend

Average Sale Price Trend
Period Value
Oct 2024 $363,528
Nov 2024 $380,680
Dec 2024 $388,144
Jan 2025 $397,529
Feb 2025 $398,215
Mar 2025 $420,816
Apr 2025 $393,709
May 2025 $400,782
Jun 2025 $401,676
Jul 2025 $406,691
Aug 2025 $412,720
Sep 2025 $399,251
Oct 2025 $434,704

Monthly Sales Volume

Monthly Sales Volume
Period Value
Oct 2024 134
Nov 2024 110
Dec 2024 84
Jan 2025 95
Feb 2025 130
Mar 2025 149
Apr 2025 176
May 2025 185
Jun 2025 173
Jul 2025 213
Aug 2025 169
Sep 2025 144
Oct 2025 165

Sales by Property Type

Sales by Property Type
Period Value
Single Family 114
Duplex/Townhouse 32
Apartment Condos 18

Active Listings

Active Listings
Period Value
Oct 2024 238
Nov 2024 206
Dec 2024 193
Jan 2025 187
Feb 2025 192
March 2025 239
April 2025 262
May 2025 282
June 2025 305
July 2025 328
Aug 2025 327
Sept 2025 352
Oct 2025 329

New Listings

New Listings
Period Value
Oct 2024 153
Nov 2024 112
Dec 2024 66
Jan 2025 159
Feb 2025 130
March 2025 239
April 2025 221
May 2025 231
June 2025 236
July 2025 213
Aug 2025 232
Sept 2025 224
Oct 2025 197

Absorption Rate Trend

Absorption Rate Trend
Period Value
Oct 2024 55.8%
Nov 2024 53.4%
Dec 2024 43.5%
Jan 2025 50.8%
Feb 2025 67.7%
March 2025 62.3%
April 2025 67.2%
May 2025 65.6%
June 2025 56.7%
July 2025 64.9%
Aug 2025 51.7%
Sept 2025 40.9%
Oct 2025 50.2%

Single Family Sales

Single Family Sales
Period Value
Oct 2024 80
Nov 2024 66
Dec 2024 53
Jan 2025 62
Feb 2025 81
March 2025 94
April 2025 100
May 2025 110
June 2025 105
July 2025 124
Aug 2025 104
Sept 2025 89
Oct 2025 114

Market Analysis

October 2025 delivered a strong rebound for Red Deer real estate, with 165 residential sales — up 23.1% from October 2024’s 134. The absorption rate climbed back above 50% to 50.2%, reversing September’s softening trend. Most notably, the average sale price jumped to $434,704, representing a 19.6% year-over-year increase from $363,528. This strong price growth reflects sustained demand in a market with still-constrained supply relative to historical norms.

Single Family Homes were the driving force in October with 114 sales — up from 80 in October 2024 — at an average price of $494,824, up 14.9% year-over-year. The absorption rate of 47.5% nearly matched last year’s 47.6%, suggesting single family demand is pacing well with available supply.

Townhouses and Duplexes posted an average price of $327,842 — up 13.9% year-over-year — though sales of 32 units were down from 38 in October 2024.

Condos averaged $233,403 (+11.3%) with a strong 62.1% absorption rate, continuing to attract buyers seeking entry-level ownership.

Acreages: The mid-range acreage market showed pockets of activity. The $700K–$800K range had 40% absorption (2 sold, 5 active), while the $1M+ luxury segment recorded just 4% absorption (1 sold, 24 active) — a buyer’s market at the top end.

Community Highlights:

  • Blackfalds: 51 active listings, 29 sales — 57% absorption (Seller’s Market)
  • Sylvan Lake: 116 active listings, 41 sales — 35% absorption (Balanced Market)
  • Penhold: 17 active listings, 5 sales — 29% absorption (Buyer’s Market)

October saw diverging conditions across communities. Blackfalds returned to seller’s market territory while Penhold moved into buyer’s market conditions — a reminder that local dynamics vary significantly even within Central Alberta.

Additional Statistics

Active Listings 329 (+38.2%)
Absorption Rate What percentage of listed homes sold this month 50.2% (-10.0%) Seller's Market

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Sales figures are supplied by the local real estate board. Information is deemed reliable but not guaranteed, and market conditions may change.

Published November 26, 2025

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