Central Alberta residential MLS sales in September were down 11.4% from August but only down 4% compared to August 2024. The number of active listings in central Alberta on October 1 was down%
October Stats
Dated: October 6 2025
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Central Alberta residential MLS sales in September were down 11.4% from August but only down 4% compared to August 2024. The number of active listings in central Alberta on October 1 was down 4% compared to August 1, but up 16% compared to October 1, 2024. The sales to listing ratio for all of central Alberta is currently 32.17%. That means the overall central Alberta market is now balance.
Of course, individual markets in central Alberta are not equal. Currently Red Deer, Rocky Mountain House and Innisfail are defined as seller’s markets while Lacombe, Sylvan Lake and Blackfalds are balanced with Penhold and Three Hills slipping into buyer market territory.
There are also markets within markets. For example, while the overall Red Deer market is defined as favoring sellers, inventories have increased significantly on homes priced between $450,000 and $750,000 and that market actually favors buyers. Curiously the $350,000 - $400,000 market has seen declining sales and increased inventory while the $400,000 - $450,000 price range remains well into seller’s territory.
We believe the current situation is a good indication of what we could see for the next few months until there is more clarity around US tariffs, the teachers strike and what major projects the federal government might approve.
Kevin Schreder
With over 20 years of experience in the home building industry, Kevin Schreder brings a wealth of knowledge and expertise to his real estate career. His extensive background in home construction provi....
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Central Alberta MLS residential sales for the two weeks of September are down significantly compared to the same time in August. It would be logical to expect that when sales go down,
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Last Update: September 21, 2026 4:49 PM UT
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