Red Deer home sales increase in May

The average number of days to sell a home in Red Deer last month was 29, up from 24 days in April but lower than 31 days to sell during the same month last year.

For the entire central Alberta market, there were 641 units sold last month, up from 500 units sold in April and up slightly from 632 units sold in May 2024.

Year-to-date numbers show 2,167 units sold in the first five months of 2025, down from 2,298 units sold during the same time last year.

The average sale price throughout the entire central Alberta market last month was $431,858, down slightly from $432,446 in April but up from $410,480 in May 2024.

The average number of days to sell a home in central Alberta last month was unavailable at the time of publishing. April’s number and that of May 2024 was also unavailable.

Elsewhere in central Alberta last month:

(Community – Units Sold – Avg. Sale Price – Avg. Days on Market)

Blackfalds – 52 – $427,214 – 25

Innisfail – 19 – $403,226 – 31

Lacombe – 34 – $432,790 – 33

Penhold – 12 – $438,097 – 26

Ponoka – 12 – $291,021 – 41

Rocky Mountain House – 10 – $291,690 – 26

Stettler – 17 – $345,706 – 62

Sylvan Lake – 76 – $436,454 – 33

by Sheldon Spackman

Red Deer home sales increase in May

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