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!
Central Alberta’s housing market tightened after November. Every community we track experienced a drop in inventory, and—aside from Innisfail—sales activity held steady compared to the previous month. With fewer new listings coming to market as the holidays approach, buyers are facing reduced selection while demand remains consistent.
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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 | Nov 3 | Dec 1 |
| properties currently for sale | 75 | 85 | 91 | 110 | 138 | 131 | 147 | 179 | 195 | 196 | 177 | 159 |
| avg # of homes selling ea. month | 48.5 | 57 | 76.5 | 89.5 | 97.5 | 102 | 107 | 107.5 | 110.5 | 96 | 100 | 94 |
| 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 | 1.8 | 1.7 |
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 | Nov 3 | Dec 1 |
| properties currently for sale | 103 | 127 | 138 | 170 | 201 | 197 | 218 | 254 | 269 | 269 | 241 | 219 |
| avg # of homes selling ea. month | 83 | 91.5 | 128 | 145 | 164.5 | 174 | 180 | 183.5 | 184.5 | 155.5 | 152.5 | 145.5 |
| 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 | 1.6 | 1.5 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Strangely enough, later in the year, our inventory level even dipped this past month.
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 | Nov 3 | Dec 1 |
| properties currently for sale | 42 | 53 | 61 | 85 | 89 | 83 | 88 | 95 | 112 | 113 | 116 | 96 |
| avg # of homes selling ea. month | 25 | 25 | 30.5 | 36 | 38.5 | 57.5 | 56 | 50 | 42 | 34.5 | 37 | 33 |
| 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 | 3.1 | 2.9 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
I thought we’d see Sylvan Lake homes-for-sale inventory increase after Nov, but it didn’t.
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 | Nov 3 | Dec 1 |
| properties currently for sale | 6 | 7 | 7 | 10 | 16 | 15 | 23 | 28 | 26 | 23 | 21 | 16 |
| avg # of homes selling ea. month | 6 | 3.5 | 6 | 7.5 | 12 | 14.5 | 9.5 | 4.5 | 10.5 | 11.5 | 9.5 | 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 | 2.2 | 1.4 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Sales increase, and likely fewer people are listing this time of year… that can impact inventory weirdly at the end of the year.
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 | Nov 3 | Dec 1 |
| properties currently for sale | 22 | 30 | 33 | 46 | 57 | 35 | 43 | 41 | 48 | 52 | 53 | 44 |
| avg # of homes selling ea. month | 14 | 12.5 | 18.5 | 28 | 30 | 40.5 | 39.5 | 37 | 36 | 27 | 25.5 | 25.5 |
| 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 | 2.1 | 1.7 |
SELLER’S MARKET) with an inventory rate below 3.9 months!
Again, with few homes entering the market and sale still active, inventory shrank.
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 | Nov 3 | Dec 1 |
| properties currently for sale | 43 | 28 | 37 | 39 | 37 | 46 | 41 | 57 | 60 | 48 | 54 | 42 |
| avg # of homes selling ea. month | 13 | 17.5 | 17.5 | 14 | 17 | 26 | 31.5 | 29.5 | 26 | 17 | 21.5 | 21 |
| 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 | 2.5 | 2 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Lower Fewer listings at the end of the year keep inventory levels low.
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 | Nov 3 | Dec 1 |
| properties currently for sale | 12 | 9 | 23 | 22 | 22 | 24 | 23 | 22 | 21 | 28 | 29 | 27 |
| 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 | 11 | 9 |
| 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 | 2.6 | 3 |
(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 | Nov 3 | Dec 1 |
| properties currently for sale | 8 | 14 | 13 | 13 | 12 | 12 | 21 | 18 | 27 | 23 | 23 | 19 |
| avg # of homes selling ea. month | 7.5 | 6 | 8 | 8.5 | 12 | 11 | 12 | 13 | 12.5 | 11.5 | 11.5 | 9.5 |
| 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 | 2 | 2 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Inventory levels in Rocky Mountain house stay low 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 | Nov 3 | Dec 1 |
| properties currently for sale | 18 | 12 | 12 | 21 | 26 | 21 | 28 | 24 | 29 | 28 | 20 | 17 |
| avg # of homes selling ea. month | 6 | 7.5 | 9 | 8 | 9.5 | 10.5 | 13 | 13.5 | 10 | 10.5 | 15.5 | 14.5 |
| M.O.I. in Ponoka | 3 | 1.6 | 1.3 | 2.6 | 2.7 | 2 | 2.2 | 1.8 | 2.9 | 2.7 | 1.3 | 1.2 |
SELLER’S MARKET) with an inventory rate below 3.9 months!
Another community with lower inventory at the end of the year is 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 | Nov 3 | Dec 1 |
| properties currently for sale | 23 | 20 | 16 | 21 | 29 | 22 | 18 | 15 | 18 | 18 | 14 | 16 |
| avg # of homes selling ea. month | 7.5 | 5 | 5.5 | 6.5 | 8.5 | 13.5 | 13 | 12.5 | 11.5 | 8 | 6.5 | 7.5 |
| M.O.I. in Stettler | 3.1 | 4 | 2.9 | 3.2 | 3.4 | 1.6 | 1.4 | 1.2 | 1.6 | 2.3 | 2.2 | 2.1 |
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