The Red Deer real estate market is influenced by the local economy, employment and income. As job growth occurs, increased jobs, and growth in wages happens historically we've experienced dramatic, and consistent growth in real estate prices and development.
Current market trends are influenced by the global COVID-19 pandemic, Global Oil surpluses and record low prices for our commodities. We expect the local real estate market to reflect these changes throughout the 2020 year. Below you'll find some snapshots of our local real estate market for Red Deer MLS® sales and listings of residential homes.
Should you have any questions on how these numbers and data may influence your home please feel free to reach out to us and one of our area specialists will be happy to assist you.