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!
Sales slowed more than new listings this past month, which has led to higher overall inventory. While fewer homes are hitting the market than usual, the bigger drop in sales is what’s driving months of inventory higher. After two years of very low supply, this shift is welcome. A balanced market is around four months of inventory, which provides healthier conditions for both buyers and sellers.
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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 3.9 months of inventory
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(Balanced market) with inventory between 3.9-4.2 months of inventory
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(Buyers market) level A (4.3 – 5.9 months of inventory)
(Buyer market) level B (6 – 7.2 m.o.i.)
(Buyers 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 2025 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 |
| properties currently for sale | 75 | 85 | 91 | 110 | 138 | 131 | 147 | 179 | 195 | 196 |
| avg # of homes selling ea. month | 48.5 | 57 | 76.5 | 89.5 | 97.5 | 102 | 107 | 107.5 | 110.5 | 96 |
| M.O.I. in Red Deer* | 1.6 | 1.5 | 1.2 | 1.2 | 1.4 | 1.3 | 1.4 | 1.7 | 1.8 | 2.0 |
Red Deer, AB (for sale inventory overall)
| Date 2025 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 |
| properties currently for sale | 103 | 127 | 138 | 170 | 201 | 197 | 218 | 254 | 269 | 269 |
| avg # of homes selling ea. month | 83 | 91.5 | 128 | 145 | 164.5 | 174 | 180 | 183.5 | 184.5 | 155.5 |
| M.O.I. in Red Deer | 1.2 | 1.4 | 1.1 | 1.2 | 1.2 | 1.1 | 1.2 | 1.4 | 1.5 | 1.7 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Slight inventory level increases in the Red Deer market. Will this continue?
Sylvan Lake, AB (for sale inventory overall)
| Date 2025 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 |
| properties currently for sale | 42 | 53 | 61 | 85 | 89 | 83 | 88 | 95 | 112 | 113 |
| avg # of homes selling ea. month | 25 | 25 | 30.5 | 36 | 38.5 | 57.5 | 56 | 50 | 42 | 34.5 |
| M.O.I. in Sylvan Lake | 1.7 | 2.1 | 2 | 2.4 | 2.3 | 1.4 | 1.6 | 1.9 | 2.6 | 3.3 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Sylvan Lake homes-for-sale inventory is getting closer to a balanced market!
Penhold/Springbrook, Ab (for sale inventory overall)
| Date 2025 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 |
| properties currently for sale | 6 | 7 | 7 | 10 | 16 | 15 | 23 | 28 | 26 | 23 |
| avg # of homes selling ea. month | 6 | 3.5 | 6 | 7.5 | 12 | 14.5 | 9.5 | 4.5 | 10.5 | 11.5 |
| M.O.I. in P&Springbrook | 1.0 | 2 | 1.2 | 1.3 | 1.3 | 1.03 | 2.4 | 6.2 | 2.5 | 2 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Up and down inventory in the Penhold/Springbrook market is due to the small segment size..
Blackfalds, AB (for sale inventory overall)
| Date 2025 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 |
| properties currently for sale | 22 | 30 | 33 | 46 | 57 | 35 | 43 | 41 | 48 | 52 |
| avg # of homes selling ea. month | 14 | 12.5 | 18.5 | 28 | 30 | 40.5 | 39.5 | 37 | 36 | 27 |
| M.O.I. in Blackfalds | 1.6 | 2.4 | 1.8 | 1.6 | 1.9 | 0.9 | 1.1 | 1.1 | 1.3 | 1.9 |
SELLER’S MARKET) with an inventory rate below 3.9 months!
Any increase in inventory is welcome in Blackfalds, as low supply can drive prices up faster than is healthy.
Lacombe, AB (for sale inventory overall)
| Date 2025 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 |
| properties currently for sale | 43 | 28 | 37 | 39 | 37 | 46 | 41 | 57 | 60 | 48 |
| avg # of homes selling ea. month | 13 | 17.5 | 17.5 | 14 | 17 | 26 | 31.5 | 29.5 | 26 | 17 |
| M.O.I. in Lacombe | 3.3 | 1.6 | 2.1 | 2.8 | 2.2 | 1.8 | 1.3 | 1.9 | 2.3 | 2.8 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Lacombe, Alberta, inventory creeps upward after September.
Innisfail, AB (for sale inventory overall)
| Date 2025 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 |
| properties currently for sale | 12 | 9 | 23 | 22 | 22 | 24 | 23 | 22 | 21 | 28 |
| avg # of homes selling ea. month | 7.5 | 5.5 | 6 | 9.5 | 13.5 | 15.5 | 14.5 | 17.5 | 14.5 | 13.5 |
| M.O.I. in Innisfail | 1.6 | 1.6 | 3.8 | 2.3 | 1.6 | 1.5 | 1.6 | 1.3 | 1.5 | 2.1 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Any increase in inventory is welcome after such low inventory for so long.
Rocky Mountain House (for sale inventory overall)
| Date 2025 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 |
| properties currently for sale | 8 | 14 | 13 | 13 | 12 | 12 | 21 | 18 | 27 | 23 |
| avg # of homes selling ea. month | 7.5 | 6 | 8 | 8.5 | 12 | 11 | 12 | 13 | 12.5 | 11.5 |
| M.O.I. in Rock Mtn House | 1.1 | 2.3 | 1.6 | 1.5 | 1 | 1.1 | 1.8 | 1.4 | 2.2 | 2 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Homes for sale in Rocky Mountain House, will it increase or decrease through the end of the year?
Ponoka, AB (for sale inventory overall)
| Date 2025 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 |
| properties currently for sale | 18 | 12 | 12 | 21 | 26 | 21 | 28 | 24 | 29 | 28 |
| avg # of homes selling ea. month | 6 | 7.5 | 9 | 8 | 9.5 | 10.5 | 13 | 13.5 | 10 | 10.5 |
| M.O.I. in Ponoka | 3 | 1.6 | 1.3 | 2.6 | 2.7 | 2 | 2.2 | 1.8 | 2.9 | 2.7 |
SELLER’S MARKET) with an inventory rate below 3.9 months!
There is nothing wrong with the inventory level increasing in Ponoka, AB.
Stettler, AB (for sale inventory overall)
| Date 2025 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 |
| properties currently for sale | 23 | 20 | 16 | 21 | 29 | 22 | 18 | 15 | 18 | 18 |
| avg # of homes selling ea. month | 7.5 | 5 | 5.5 | 6.5 | 8.5 | 13.5 | 13 | 12.5 | 11.5 | 8 |
| M.O.I. in Stettler | 3.1 | 4 | 2.9 | 3.2 | 3.4 | 1.6 | 1.4 | 1.2 | 1.6 | 2.3 |
SELLER’S MARKET) with an inventory rate below 3.9 months!
The Stettler, AB market noticed a little higher inventory level at the end of Sept.
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