Home prices in Red Deer using the monthly average and the 12-month running average
I update this page each month with a 13-month table and a 36-month graph so you can see how home prices are changing.
I share the average home price in Red Deer each month based on homes sold the previous month. This includes all types of homes—semi-detached, townhomes, apartments, and detached homes. I also track the prices of detached homes separately.
I post the 6-month running average for both overall and detached homes, along with the monthly averages. At the end of the article, I give my thoughts on what’s happening in the Red Deer housing market.
I also track home prices in other Central Alberta communities. For more information or local real estate updates, please call or text (403) 350-7672 or email hello@blakeking.ca.
Red Deer Home Prices: Are We Seeing a Trend—or Just Seasonal Softening?
With November’s numbers in, we now have an 18-month view of how Red Deer’s housing market has been moving across all categories: overall, detached, and attached homes. Using the 6-month running average helps smooth out volatility—especially in a smaller market like Red Deer, where just a few high-value sales can distort the monthly data.
Here’s what the latest data tells us.
The table below displays the average prices for detached homes and all homes in Red Deer. It provides both the month-to-month average and the 12-month running average for each category. The data covers the past 13 months, allowing you to compare the most recent averages with those from the same month one year ago.
Comparing This Fall to Last Fall
To understand whether this is seasonal or the start of a trend, the best comparison is September–December 2024 vs. September–December 2025.
Last year (2024):
- Prices dipped in the fall.
- November and December were slightly weaker months.
- 6-month averages stayed stable.
This year (2025):
- Almost the same pattern:
- September and October held strong.
- November softened.
- 6-month trend stayed stable.
- 12-month trend remained strongly positive.
12-month price changes (significant):
- Overall: ↑ 8.76%
- Detached: ↑ 9.75%
- Attached: ↑ 6.75%
Interpretation:
Even with the recent softening, year-over-year prices are still significantly higher than they were a year ago. This strongly suggests the current dip is seasonal, not a reversal.
No Evidence of a Downward Trend—Just Normal Winter Behaviour
Every winter, Red Deer sees:
- Fewer buyers
- More inventory lingering
- More price reductions
- Slightly softer sale prices
This year is following that same pattern almost identically to last year.
If we were entering a genuine downward trend, we would expect:
- 6-month averages to turn sharply down
- Multiple consecutive months of declining prices
- A drop in the 12-month average
None of those signals are present.
🏘️ Detached Homes Are Still Leading the Market
Detached homes remain the strongest segment:
- 12-month detached prices are up 9.75%
- The 6-month average is only down 0.66% from last month
- Detached also posted one of the strongest October numbers on record this year
This reinforces that the slight pullback in November is seasonal, not structural.
Attached Homes Are the Most Sensitive to Seasonality
The attached market shows the biggest seasonal swing, both last year and this year. Buyers looking for entry-level or investment properties tend to:
- Slow down earlier in the fall
- Return later in the spring
This creates more pronounced dips in attached homes during winter months, which is exactly what the data shows in both years.
Conclusion: This Looks Seasonal, Not a New Downward Trend
Across all metrics—month-to-month, 6-month average, and year-over-year—Red Deer’s market continues to show the same winter pattern as 2023–24. Prices dip slightly heading into winter, but the broader trend remains upward.
Key takeaways:
- Month-to-month prices are down, but the movement is normal for November.
- The 6-month averages barely moved, meaning the market is stable.
- Year-over-year appreciation remains strong across all property types.
- There is no statistical evidence of a longer-term trend reversal.
Unless December or January show an unusually large movement, this appears to simply be Red Deer’s standard winter slowdown—not the start of a decline.
If you’d like, I can also prepare:
- A shorter email version
- A social post summary
- A single chart with key takeaways
- A version rewritten for buyers or sellers specifically
Just tell me what you want.
Don’t limit your search—call us today at (403) 350-7672 and let us help you find your dream home before anyone else sees it! 📞🏡
Red Deer real estate Broker Blake King hosts iOnRealEstate.ca, a site that helps people in Central Alberta stay updated on the local real estate market. More information helps buyers and sellers make better decisions, and that’s important when it comes to an asset as valuable as your home. If you have any questions, call Blake King at (403) 350-7672.
