Red Deer home sales numbers – monthly

Home sale in Red Deer, Alberta

Home sales are up in Red Deer again this month.

Home sales are higher this year compared to 2023 and inventory remains notably low still. This suggests that the pent-up demand from buyers in 2023 has continued to carry into 2024. While more sellers are putting their homes on the market, the heightened buyer activity is preventing inventory from rising significantly.

Detached home sales

The chart below shows Red Deer detached home sales in 2024 and the 5 years prior. This allows readers to compare home sales each year and each month.

Detached homes201920202021202220232024diff
Jan505171815152⬆︎ 2%
Feb69591011135966⬆︎ 12%
Apr9637169166126130⬆︎ 3%
Jun9097141121129118⬇︎ 7.8%
July99113108118117⬇︎ 0.8%
Aug7698117104113⬆︎ 8.7%
Sept799311983105⬆︎ 27%
Oct 7188989684⬇︎ 13%
Nov6676867572⬇︎ 4%
Dec4965884463⬆︎ 43%
For the year910915137212981125⬆︎ 4.9%

Alberta has experienced high immigration and inter-provincial migration causing a shortage of housing, low vacancy rates and higher rents. And, of course, it’s also directly impacting the number of homes for sale and home prices in Red Deer.

Detached home sales were 37.8% lower in June 2024 compared to June 2023, but they are still up 4.9% after a strong sale month in May.

One month of lower sales isn’t enough to suggest a trend but after a few months we’ll know. Even though inventory levels aren’t increasing much, the higher number of sales suggests more homeowners have decided to sell this year.

Sell your home higher

Attached home sales

The chart below shows attached home sales in Red Deer this year and 5 years prior. The column on the right shows whether sales were up or down, and how much, compared with the same month a year earlier.

Attached homes201920202021202220232024diff
Jan251829434138⬇︎ 7.3%
Feb182033593545⬆︎ 29%
Mar282260715970⬆︎ 19%
Apr4224 55735575⬆︎ 36%
May2816 477910082⬇︎ 18%
Jun352465767576⬆︎ 1.3%
July5048457078⬆︎ 11%
Aug4135415076⬆︎ 52%
Sept3947424460⬆︎ 30%
Oct 3028353644⬆︎ 22%
Nov2542374149⬆︎ 20%
Dec2223412034⬆︎ 50%
For the year383307530662706⬆︎ 5.7%

With interest rates higher Red Deer has witnessed a higher number of detached homes selling.

Attached home sales dipped drastically in May but were a little higher than the year prior in June. Even with the dip in May, attached home sale are up 5.7% this year

Check back each month to see if sale slow or increase in 2024

Home sales overall in Red Deer

Home sales overall in Red Deer were up 5.2% at the end of June 2024.


At the end of June 2024, home sales are up in Red Deer. It will be interesting to see if sales increase or slow in Red Deer. It will also be interesting to see if inventory levels normalize this year.

Homes for sale in Red Deer

Blake King Realtor

Hosted by Blake King Realtor® and Big Earth Realty. Blake King continually monitors the Red Deer and Central Alberta real estate market to track changes and watch trends. With this information, he’s able to help you make the most informed decisions when buying or selling your home. If you want to learn more about the local market and how it impacts your next real estate transaction, call or email Blake anytime at (403) 350-7672