Red Deer Home Sales & Listing Comparison week 12, 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.

One of the largest deficits we’ve seen comparing properties entering the market (listings) to properties leaving the market (sold). Lot’s of buyers and not enough homes for sale. I keep saying we’ll see inventory grow as spring approaches but there seems to be a lot of pent up buyers taking homes off the market quicker than they hit.

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, March 20th – March 27th, 2022

Click here for last week’s results <<

Red Deer Home Sales & Listing Comparison

Number of single-family detached homes sold: 34
Number of single-family detached homes listed: 22
The average price of single-family detached homes sold: $385,166

Number of other properties (condo, apart, duplex, town-home) sold: 21
Number of other properties (condo, apart, duplex, town-home) listed: 17
Number of condominiums sold: 8
Number of condominiums listed: 14
The average price of condominiums sold: $191,812

low commission home sales

Properties sold price breakdown

Number of residential units sold between0-200k6
Number of residential units sold between201-300k18
Number of residential units sold between301-400k22
Number of residential units sold between401-500k4
Number of residential units sold between501-750k3
Number of residential units sold above751k2

Total entered the market 
Listings: 39

save money buying your home
Make sure to get cashback buying your next home?

Total off the market
Expired & canceled: 12
Listings sold: 55

(entered market) – 67 (off-market) =  -28

View the monthly inventory stats now at

Click here for last week’s 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