Red Deer & Central Alberta - Real Estate Market Update

Posted on Dec 03, 2025 in Market Updates

Central Alberta Real Estate Market Update - December 2025

The Red Deer and Central Alberta real estate market saw a noticeable seasonal slowdown in November, with sales easing and inventory tightening further. While demand is still present, especially in core price ranges, activity was significantly lower than October, reflecting the typical seasonal shift rather than a change in overall market conditions.

Below is the most recent chart of Monthly Sales for Red Deer for additional context:
Red Deer Alberta real estate sales activity chart - December 2025

RED DEER – November 2025 Snapshot


Red Deer, Alberta overhead view

Bower Ponds in Winter

Supply & Sales

  • Active listings: 257 (down from 308 in October)
  • Sales: 127 (vs. 163 in October)
  • Months of inventory: 2.0 (October was 1.9)
This remains well below the 4–6 months typically associated with a balanced market, keeping Red Deer in seller-leaning territory even as activity softened.

Pricing & Speed

  • Average sale-to-list: 97.53% (down slightly from 98.02%)
  • Average days on market: 52 (up from 51)
These small shifts indicate a bit more breathing room for buyers, but do not signal a major change, or loss of momentum for sellers. 

Year-To-Date Activity

  • YTD sales: 1,722 (up from 1,595 in October)
Strong YTD closings highlight the depth of demand through 2025, despite the slower November pace.

What Actually Changed From October?


Inventory Kept Tightening

October already signaled a supply squeeze with active listings dropping to 308. November dropped by another 17% leaving it now at 257.
Low supply remains the defining story of 2025.

Buyer demand stayed engaged

Sales eased from 163 to 127, which is a typical late-fall pattern.
The sale-to-list ratio and days on market confirm that well-priced homes are still securing strong offers. 

Normal Seasonal Shift
Instead of cooling dramatically, the market simply normalized in pace.
This keeps Red Deer competitive heading into winter, especially in key price ranges under $500K.

CENTRAL ALBERTA – The Broader Context

Across communities including Sylvan Lake, Blackfalds, Lacombe, Ponoka, Penhold, and surrounding rural areas, several trends continue:

Affordability Continues to Drive Demand

Central Alberta remains one of the most accessible regions in Western Canada, attracting steady interest from buyers moving from larger cities, and higher price points. 

Strong Absorption in the $300K–$500K Range

Homes priced in this range remain the most active and competitive segment.

Late-Fall Strength Carrying Into December

Even with fewer new listings, buyers remain engaged, supporting firm pricing across most property types.

What This Means Heading Into December


For Sellers

Accurate pricing and strong presentation are key.
SP/LP around 97–98% shows well-positioned listings still perform well.
Listing in early winter can give sellers an advantage before spring inventory increases.

For Buyers

Expect continued competition under $500K.
Pre-approval and clean terms remain crucial.
Slightly longer days on market may allow room for negotiation … but act quickly on well-priced homes.

For Investors

Semis, duplexes, and townhomes in the mid-$300Ks to mid-$400Ks remain attractive.
Rental demand remains steady across Central Alberta.

Final Thoughts – December 2025

Red Deer and Central Alberta experienced a seasonal pullback in activity, but remained undersupplied. 

With low inventory and steady buyer confidence, the region heads into December with stable fundamentals and opportunities for both buyers and sellers.

If you’re planning a move in early 2026, now is the time to start the conversation, get ahead of spring inventory, and make a plan based on your price band and neighbourhood.

Reach out anytime... we’re happy to help however we can!
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The data included in this display is deemed reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association. The Real Estate listing information and related content displayed on this site is provided exclusively for consumers. personal, non-commercial use and, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate.

* Compared to a typical rate of 6% on the first $100,000 and 3% on the balance of the sale price, not applicable for agent or relocation referrals.

* *Get paid up to $1,500 in cash-back when you purchase with Lime Green Realty®. Ask us for details. ***$4,000 flat fee commission only applicable on properties listed up to $600,000. 1% listing commission applicable on properties over $600,000.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Lime Green Realty® Central is a licensed user of the Lime Green Realty® trademark. Lime Green Realty® is owned by Lime Green Realty Franchising Inc.