🏡 Local Real Estate Market Update – Early 2025 Trends

As we move through the first few months of 2025, the local housing market continues to show a mixed bag of activity, with detached and attached home sales moving in slightly different directions. Here’s what the numbers are telling us so far this year.

Detached Home Sales

The chart below shows Red Deer detached home sales in 2025 and the 6 years prior. This allows readers to compare home sales each year and each month.

Detached homes	2019	2020	2021	2022	2023	2024	2025	diff
Jan	50	51	71	81	51	52	62	⬆︎ 19%
Feb	69	59	101	113	59	66	81	⬆︎ 23%
Mar	72	79	126	132	88	87	94	⬆︎ 8%
Apr	96	37	169	166	126	130	100	⬇︎ 23%
May	93	59	148	164	118	144
Jun	90	97	141	121	129	118
July	99	113	108	118	117	115
Aug	76	98	117	104	113	117
Sept	79	93	119	83	105	83
Oct	71	88	98	96	84	80
Nov	66	76	86	75	72	66
Dec	49	65	88	44	63	53
For the year	910	915	1372	1298	1124	1112	237

Detached homes have held relatively steady compared to last year, with a modest increase in year-to-date sales. From January to April 2025, there were 337 detached homes sold — just slightly above the 335 sold during the same period in 2024. January and February kicked off the year with strong momentum, posting year-over-year gains of 19% and 23%, respectively. March followed with a solid 8% increase. However, April saw a notable dip of 23% compared to the same month last year, which leveled out the earlier gains. While the year started strong, April’s decline may be worth watching in the coming months to see if it marks the beginning of a trend or is simply a seasonal fluctuation.

The chart below displays the attached home sales in Red Deer for this year and six years back. The column on the right indicates whether sales have increased or decreased, along with the percentage change compared to the same month from the previous year.

Attached homes	2019	2020	2021	2022	2023	2024	2025	diff
Jan	25	18	29	43	41	38	33	⬇︎ 13%
Feb	18	20	33	59	35	45	49	⬆︎ 8.9%
Mar	28	22	60	71	59	69	55	⬇︎ 20%
Apr	42	24	55	73	55	75	76	⬆︎ 5.6%
May	28	16	47	79	100	82
Jun	35	24	65	76	75	76
July	50	48	45	70	77	62
Aug	41	35	41	50	76	79
Sept	39	47	42	44	60	55
Oct	30	28	35	36	44	54
Nov	25	42	37	41	49	44
Dec	22	23	41	20	34	30
For the year	383	307	530	662	710	705	137

Attached home sales in Red Deer

The story for attached homes is a bit more uneven. Sales from January to April are down approximately 5% compared to the same timeframe in 2024 — 213 homes this year versus 224 last year. The year began on a slower note, with January sales dropping 13% year-over-year. February bounced back with a nearly 9% increase, but March slipped again with a 20% decline. April saw a slight recovery, climbing 5.6% over the previous year. This back-and-forth pattern suggests a more volatile segment of the market, possibly reflecting shifts in buyer preferences or affordability constraints.

The Red Deer market overall

Overall, the detached market remains stable with early gains balancing recent softness, while the attached segment is experiencing more fluctuations. Buyers and sellers alike should stay tuned to how the rest of the spring and summer market unfolds, especially to see if April’s performance becomes a longer-term signal.

---

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 can 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 in Red Deer, call or email him anytime at (403) 350-7672