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Red Deer Real Estate Market Update: – May 1, 2025
The Red Deer housing market is experiencing notable shifts in 2025 compared to the same period in 2024. While both active listings and the number of homes sold have seen slight declines, the average sale price has risen significantly. The reduction in available inventory is limiting buyer options, contributing to upward pressure on home prices. Despite fewer listings, buyer activity remains steady—indicating continued demand and strong interest in the local market.
For Sellers:
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Home values are climbing, and there is less competition on the market.
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It’s a prime opportunity to sell, especially with inventory tightening and prices up.
For Buyers:
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Expect more competition and higher prices.
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Act quickly, as properties may move faster in this low-inventory environment.
Curious what your home is worth in today’s market? Get a free home evaluation.
