Red Deer's real estate market is off to a hot start in 2025 with detached single-family home sales up 21 per cent compared to last year.
According to the Alberta Real Estate Association (AREA), there were 63 detached home sales in January 2025 and a total of 96 sales of all kinds, which was up seven per cent from 2024.
The average price for a detached single-family home last month was $461,252, an increase of 12 per cent from last year.
There were 155 new listings in January, with total inventory sitting at 178. That number is down 20 per cent from 2024.
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