As 2025 progresses, the real estate market continues to show evolving trends. February sales data offers further insight into the year’s mixed start. Detached home sales are maintaining an upward trajectory, while attached home sales have been more volatile. These patterns indicate that external factors, such as interest rates and broader economic conditions, will be key in influencing market activity in the months ahead.
Detached Home Sales Continue to Rise
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
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
Blake King’s Home Selling System
Following a 23% increase in February, detached home sales maintained their strong momentum in March, rising by 8%. Sales grew from 87 units in March 2024 to 94 units in March 2025. This sustained growth points to a potentially strong year for detached homes. Although total detached home sales in 2024 were slightly lower than in 2023 (1,112 compared to 1,124), the early results from 2025 suggest a possible reversal of that trend. Monitoring the market over the next quarter will be key to determining whether this momentum continues.
Attached Home Market Shows a Slight Recovery
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
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
In February, attached home sales rose by 8.9%, increasing from 45 sales in 2024 to 49 in 2025. However, the market dipped again in March, with sales falling 20%—from 69 homes sold in 2024 to 55 in 2025. While this decline isn’t an encouraging sign, it remains unclear whether it marks the start of a lasting trend or just a temporary fluctuation. In 2024 overall, the attached home market saw a slight decrease, with 705 homes sold compared to 710 in 2023. With a mixed start to 2025, upcoming data will be critical in determining whether the attached home market can stabilize or will continue to decline.
Market Outlook: Key Factors to Watch
Detached home sales continued strong growth with an 8% increase in March 2025 (94 sales vs. 87 in March 2024), following a 23% jump in February.
Early 2025 results suggest a possible reversal of the slight decline seen in 2024, when detached sales dipped to 1,112 units from 1,124 in 2023.
Attached home sales rose by 8.9% in February 2025 (49 sales vs. 45 in 2024) but dropped 20% in March (55 sales vs. 69 in 2024).
The attached market showed a slight overall decline in 2024 (705 sales vs. 710 in 2023), and upcoming data will be key to assessing stability moving forward.
As we coast through the spring season, traditionally a strong period for real estate activity, continued analysis will be necessary to determine whether the market will maintain its momentum or experience further shifts. The next few months will be pivotal in defining the trajectory of 2025’s housing market.
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
