Red Deer Home Sales & Listing Comparison week 8, 2022

home sales vs home listings

Red Deer Home Sales & Listing Comparison keeps you on top of the Red Deer real estate market and how sales compare to the number of listings each week. If there’s a deficit or a surplus trend the market is changing. Check-in at each week for updated Red Deer real estate news, stats, and information.

This past week resembled more how our real estate market should evolve as spring approaches. However, we still had one more property enter the market than leave the market last week and that’s still a deficit technically. Considering how different the market’s been this past year the spring could roll out differently than normal.

Know your market

If you’re planning to buy or sell residential real estate now or in the future, it’s important to know as much about your local market as possible. That’s why each week at we post the Red Deer Real Estate market report comparing sales to listings. It’s important to compare home sales to home listings to help understand the market and inventory levels.

Your market is local

Before planning a real estate transaction in Red Deer it’s important to understand that your real estate market is local. Keep in mind, when someone references the “Canadian real estate market” or even the “Alberta real estate market” it doesn’t necessarily apply to your local market. Too many real estate decisions are based on national real estate information but national stats need to be taken lightly because it has almost no relevance to your local market.

Red Deer Home Sales & Listing Comparison report for the week, Feb 21st – Feb 27th, 2022

Click here for last weeks results <<

Red Deer Home Sales & Listing Comparison

Number of single-family detached homes sold: 21
Number of single-family detached homes listed: 24
The average price of single-family detached homes sold: $409,404

Number of other properties (condo, apart, duplex, town-home) sold: 20
Number of other properties (condo, apart, duplex, town-home) listed: 24
Number of condominiums sold: 10
Number of condominiums listed: 16
The average price of condominiums sold: $211,880

low commission home sales

Properties sold price breakdown

Number of residential units sold between0-200k7
Number of residential units sold between201-300k17
Number of residential units sold between301-400k7
Number of residential units sold between401-500k6
Number of residential units sold between501-750k4
Number of residential units sold above751k

Total entered the market 
Listings: 48

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Total off the market
Expired & canceled: 8
Listings sold: 41

(entered market) – 49 (off-market) =  -1

View the monthly inventory stats now at

Click here for last weeks results

For more local real estate news, info and statistics continually check in at

blake king realtor broker

Hosted by Blake King Realtor® and Big Earth Realty. Blake continually monitors the Red Deer and Central Alberta real estate market to track changes and watch trends so he can help his clients make the most informed decisions, buying or selling. If you want to learn more about how local market stats impact your next real estate transaction call or email Blake anytime (403) 350-7672 or