Understanding real estate inventory levels, or Months of Inventory (M.O.I.), is crucial because it can significantly influence your decision when buying or selling property. It is important to grasp the reasons behind its importance in the real estate landscape.
SUMMARY!
Inventory levels across Central Alberta remain low overall, with Red Deer — the region’s largest and most active market — continuing to lead the trend and sit firmly in seller’s market territory at roughly two months of supply. Surrounding communities such as Sylvan Lake and other smaller towns typically show slightly higher inventory at times, but still remain tight and generally below balanced market levels. Because Red Deer drives buyer demand for the region, its limited supply continues to put pressure on nearby towns as well, keeping inventory constrained and competition steady across most Central Alberta markets.
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To foster “normal growth” in a real estate market, it’s essential to maintain months of inventory (M.O.I.) rates below the 5-month range. Please scroll down for this month’s inventory rates across Central Alberta.
When buying or selling a property, it’s essential to consider the local inventory levels. This is key information, especially if you’re thinking of selling your home. If there are many homes for sale, prices typically remain the same or decrease. But if there are fewer homes available, they tend to sell quickly, which can drive prices up.
(Seller’s market) with an inventory rate below 3.8 months of inventory
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(Balanced market) with inventory between 3.8-4.2 months of inventory
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(Buyer’s market) level A (4.3 – 5.9 months of inventory)
(Buyer’s market) level B (6 – 7.2 m.o.i.)
(Buyer’s market) extreme (7.3+ m.o.i.)
Here are the overall for-sale inventory levels in Red Deer and towns across Central Alberta. The average number of homes sold monthly is calculated based on the last 60 days of sales.
Red Deer, AB (inventory of *detached homes)
| Date 2026 | Jan 05 | Feb 11 | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec |
| properties currently for sale | 122 | 112 | ||||||||||
| avg # of homes selling ea. month | 50 | 53.5 | ||||||||||
| M.O.I. in Red Deer* | 2.4 | 2.1 |
Red Deer, AB (for sale inventory overall)
| Date 2026 | Jan 05 | Feb 11 | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec |
| properties currently for sale | 177 | 180 | ||||||||||
| avg # of homes selling ea. month | 82.5 | 83.5 | ||||||||||
| M.O.I. in Red Deer* | 2.1 | 2.2 |
(SELLER’S MARKET)with an inventory rate below 3.9 months!
After Jan 05 numbers I thought we might see another months-of-inventory (MOI) jump, but we didn’t.
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Sylvan Lake, AB (for sale inventory overall)
| Date 2026 | Jan 05 | Feb 11 | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec |
| properties currently for sale | 75 | 74 | ||||||||||
| avg # of homes selling ea. month | 23 | 18.5 | ||||||||||
| M.O.I. in Red Deer* | 3.3 | 4 |
(SELLER’S MARKET)with an inventory rate below 3.9 months!
Sylvan Lake, AB, hit “balanced market” inventory numbers, but they could diminish when the snow melts.
Penhold/Springbrook, Ab (for sale inventory overall)
| Date 2026 | Jan 05 | Feb 11 | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec |
| properties currently for sale | 11 | 12 | ||||||||||
| avg # of homes selling ea. month | 9 | 7 | ||||||||||
| M.O.I. in Red Deer* | 1.2 | 1.7 |
(SELLER’S MARKET)with an inventory rate below 3.9 months!
A little higher inventory levels in Penhold/Springbrook, but it’s currently the lowest inventory level in Central Alberta.
Blackfalds, AB (for sale inventory overall)
| Date 2026 | Jan 05 | Feb 11 | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec |
| properties currently for sale | 28 | 35 | ||||||||||
| avg # of homes selling ea. month | 18 | 17 | ||||||||||
| M.O.I. in Red Deer* | 1.6 | 2.1 |
SELLER’S MARKET)with an inventory rate below 3.9 months!
Blackfalds has very low inventory still. It also tends to lag what happens in Red Deer.
Lacombe, AB (for sale inventory overall)
| Date 2026 | Jan 05 | Feb 11 | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec |
| properties currently for sale | 36 | 42 | ||||||||||
| avg # of homes selling ea. month | 8.5 | 9.5 | ||||||||||
| M.O.I. in Red Deer* | 4.2 | 4.4 |
(SELLER’S MARKET)with an inventory rate below 3.9 months!
Inventory levels in the City of Lacombe, Alberta, have moved into buyer’s-market territory.
Innisfail, AB (for sale inventory overall)
| Date 2026 | Jan 05 | Feb 11 | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec |
| properties currently for sale | 21 | 20 | ||||||||||
| avg # of homes selling ea. month | 9.5 | 8 | ||||||||||
| M.O.I. in Red Deer* | 2.2 | 2.5 |
(SELLER’S MARKET)with an inventory rate below 3.9 months!
“Seller’s market” still in Innisfail, Alberta.
Rocky Mountain House (for sale inventory overall)
| Date 2026 | Jan 05 | Feb 11 | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec |
| properties currently for sale | 15 | 16 | ||||||||||
| avg # of homes selling ea. month | 5 | 3.5 | ||||||||||
| M.O.I. in Red Deer* | 3 | 4.6 |
(SELLER’S MARKET)with an inventory rate below 3.9 months!
Rocky Mountain House, Alberta, inventory levels have reached buyer’s-market territory.
Ponoka, AB (for sale inventory overall)
| Date 2026 | Jan 05 | Feb 11 | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec |
| properties currently for sale | 8 | 12 | ||||||||||
| avg # of homes selling ea. month | 9 | 6.5 | ||||||||||
| M.O.I. in Red Deer* | 0.9 | 1.8 |
SELLER’S MARKET)with an inventory rate below 3.9 months!
Another community keeps lower inventory numbers in the second month.
Stettler, AB (for sale inventory overall)
| Date 2026 | Jan 05 | Feb 11 | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec |
| properties currently for sale | 13 | 15 | ||||||||||
| avg # of homes selling ea. month | 4.5 | 1.5 | ||||||||||
| M.O.I. in Red Deer* | 2.9 | 10 |
SELLER’S MARKET)with an inventory rate below 3.9 months!
Stettler, Ab, sees super high inventory levels with low buyer activity.
Homes can sell in any market, but the crucial factor is pricing. If you list your property even slightly too high, it risks lingering on the market indefinitely, especially if home prices aren’t increasing. Allowing your home to remain ‘for sale’ for months can harm its current and future value.
Blake King manages iOnRealEstate.ca, catering to Central Albertans eager to stay informed about the local real estate market. Access to more information enhances decision-making, and when dealing with an asset as significant as your home, it becomes crucial to strive for the best possible decisions!
Blake King
Big Earth Realty
(403) 350-7672