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 across Red Deer and surrounding towns remains very low, with most communities still firmly in a seller’s market when measured by months-of-inventory. Red Deer’s overall MOI is low relative to typical balanced market levels, reflecting continued strong demand and limited supply. Several smaller towns are showing especially tight inventory, though these figures can be volatile in slower months and may not yet signal a broader trend. Overall, buyers face limited choices while demand continues to absorb new listings quickly, keeping pressure on available supply.
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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 2025/26 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 | Nov 3 | Dec 1 | Jan 05, 2026 |
| properties currently for sale | 75 | 85 | 91 | 110 | 138 | 131 | 147 | 179 | 195 | 196 | 177 | 159 | 122 |
| avg # of homes selling ea. month | 48.5 | 57 | 76.5 | 89.5 | 97.5 | 102 | 107 | 107.5 | 110.5 | 96 | 100 | 94 | 50 |
| 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 | 2.4 |
Red Deer, AB (for sale inventory overall)
| Date 2025/26 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 | Nov 3 | Dec 1 | Jan 05, 2026 |
| properties currently for sale | 103 | 127 | 138 | 170 | 201 | 197 | 218 | 254 | 269 | 269 | 241 | 219 | 177 |
| 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 | 82.5 |
| 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 | 2.1 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
It’s interesting to see inventory levels above 2 months for the first time since February 2024. Before that was April 2023
Sylvan Lake, AB (for sale inventory overall)
| Date 2025/26 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 | Nov 3 | Dec 1 | Jan 05, 2026 |
| properties currently for sale | 42 | 53 | 61 | 85 | 89 | 83 | 88 | 95 | 112 | 113 | 116 | 96 | 75 |
| avg # of homes selling ea. month | 25 | 25 | 30.5 | 36 | 38.5 | 57.5 | 56 | 50 | 42 | 34.5 | 37 | 33 | 23 |
| 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 | 3.3 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
3.3 months of inventory lends itself to a healthy market for Sylvan Lake. It’s very close to a balanced market.
Penhold/Springbrook, Ab (for sale inventory overall)
| Date 2025/26 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 | Nov 3 | Dec 1 | Jan 05, 2026 |
| properties currently for sale | 6 | 7 | 7 | 10 | 16 | 15 | 23 | 28 | 26 | 23 | 21 | 16 | 11 |
| 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 | 9 |
| M.O.I. in P&Springbrook | 1.0 | 2 | 1.2 | 1.3 | 1.3 | 1 | 2.4 | 6.2 | 2.5 | 2 | 2.2 | 1.4 | 1.2 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Low inventory in Springbrook / Penhold after Dec. It tends to lag behind Red Deer so we might see it increase in 2026
Blackfalds, AB (for sale inventory overall)
| Date 2025/26 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 | Nov 3 | Dec 1 | Jan 05, 2026 |
| properties currently for sale | 22 | 30 | 33 | 46 | 57 | 35 | 43 | 41 | 48 | 52 | 53 | 44 | 28 |
| avg # of homes selling ea. month | 14 | 12.5 | 18.5 | 28 | 30 | 40.5 | 39.5 | 37 | 36 | 27 | 25.5 | 25.5 | 18 |
| 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 | 1.6 |
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 2025/26 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 | Nov 3 | Dec 1 | Jan 05, 2026 |
| properties currently for sale | 43 | 28 | 37 | 39 | 37 | 46 | 41 | 57 | 60 | 48 | 54 | 42 | 36 |
| avg # of homes selling ea. month | 13 | 17.5 | 17.5 | 14 | 17 | 26 | 31.5 | 29.5 | 26 | 17 | 21.5 | 21 | 8.5 |
| 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 | 4.2 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Lacombe, Alberta inventory levels jump with so few homes selling in Dec.
Innisfail, AB (for sale inventory overall)
| Date 2025/26 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 | Nov 3 | Dec 1 | Jan 05, 2026 |
| properties currently for sale | 12 | 9 | 23 | 22 | 22 | 24 | 23 | 22 | 21 | 28 | 29 | 27 | 21 |
| 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 | 9.5 |
| 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 | 2.6 | 3 | 2.2 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
We are seeing Innisfail inventory levels above 1 month of inventory. We’ll see what happens.
Rocky Mountain House (for sale inventory overall)
| Date 2025/26 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 | Nov 3 | Dec 1 | Jan 05, 2026 |
| properties currently for sale | 8 | 14 | 13 | 13 | 12 | 12 | 21 | 18 | 27 | 23 | 23 | 19 | 15 |
| avg # of homes selling ea. month | 7.5 | 6 | 8 | 8.5 | 12 | 11 | 12 | 13 | 12.5 | 11.5 | 11.5 | 9.5 | 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 | 3 |
(SELLER’S MARKET) with an inventory rate below 3.9 months!
Inventory levels in Rocky Mountain House is slow but we’ve seen it bounce around a lot. It’s been low since the start of 2024.
Ponoka, AB (for sale inventory overall)
| Date 2025/26 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 | Nov 3 | Dec 1 | Jan 05, 2026 |
| properties currently for sale | 18 | 12 | 12 | 21 | 26 | 21 | 28 | 24 | 29 | 28 | 20 | 17 | 8 |
| 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 | 9 |
| 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 | 0.9 |
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 2025/26 | Jan 07 | Feb 17 | Mar 11 | Apr 8 | May 2 | June 3 | July 7 | Aug 6 | Sept 3 | Oct 1 | Nov 3 | Dec 1 | Jan 05, 2026 |
| properties currently for sale | 23 | 20 | 16 | 21 | 29 | 22 | 18 | 15 | 18 | 18 | 14 | 16 | 13 |
| 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 | 4.5 |
| 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 | 2.9 |
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 Dec, it could begin to balance nicely.
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