Clearview Ridge, Red Deer - August 2026 Real Estate Report

Clearview Ridge, Red Deer: Your Neighbour Just Got a Surprise on Their Assessment - Here Is What Is Actually Happening

If you own a home in Clearview Ridge and you have not checked your HonestDoor Price lately, now is the time. The city's tax assessment is a snapshot from the past. The market is moving right now, and the numbers tell two very different stories depending on whether you own a house or a condo.

The Vibe: Houses vs. Condos in Clearview Ridge

Houses - Steady, But Taking a Breather

Here is the honest picture for houses in our neighbourhood. The average sale price sits at $492,000, up 8% from last month - that is a solid jump. But only 2 properties sold this period, which is down 50% from the month before. Low volume means we should not read too much into that price spike just yet. When fewer homes trade hands, one or two sales can swing the average hard.

• Average HonestDoor Price: $667,363 (up 1.15%)
• Average sale price: $492,000
• Listings averaging: $502,400
• Price per square foot: $367
• Homes selling at 98.03% of list price - buyers are getting a small discount
• Average days on market: 48 days
• Estimated monthly rent: $2,819
• Rental yield: 5.52% - that is a strong return for landlords
• Airbnb estimate: $140 per night
• Neighbourhood growth rank: 51 out of 79 in Red Deer - below average
• Price rank: 22 out of 58 - above average pricing for Red Deer

Forty-eight days on market is not a fire sale situation. Buyers here have time to look around, and they know it. Homes are priced above average for Red Deer overall, but the growth rank of 51 out of 79 tells us Clearview Ridge houses are not leading the city's appreciation race right now. Think of it as a solid, established neighbourhood rather than a hot-growth story.

Condos - The Quiet Outperformer

This is where it gets interesting. Condo values in Clearview Ridge are quietly doing something most of us are not talking about at the block party. The HonestDoor Price for condos has moved to $1,576,178 - yes, that number is high and reflects the specific condo product in this pocket of the neighbourhood. Growth is ranked 5 out of 71 comparable neighbourhoods in Red Deer. That puts us near the top of the leaderboard.

• Average HonestDoor Price: $1,576,178 (down 4.50% from previous period)
• Average sale price: $297,500
• Listings averaging: $300,000
• Price per square foot: $284
• Condos selling at 99.17% of list price - almost full ask
• Average days on market: 18 days
• Estimated monthly rent: $4,086
• Rental yield: 3.60% - moderate but respectable
• Airbnb estimate: $203 per night
• Growth rank: 5 out of 71 in Red Deer - top tier
• Price rank: 10 out of 38 - well above average

Eighteen days on market is fast. Condos here are not sitting. Buyers are moving quickly and paying close to full list price. That is a different energy than the house segment right now, and it is worth paying attention to if you own one.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Notice

Here is the thing about your city assessment - it is built on data that is already old by the time it lands in your mailbox. It does not know that house prices in Clearview Ridge jumped 8% last month. It does not know that condo values here rank 5th in the city for growth. It is a rear-view mirror number.

The HonestDoor Price is updated in real time using actual transaction data, current listings, and market movement. For houses, that number is $667,363 right now. For condos, it is $1,576,178. If you are making any financial decision - refinancing, selling, buying out a partner, or just figuring out where you stand - you want the number that reflects today, not last year.

Your tax assessment tells the city what to charge you. Your HonestDoor Price tells you what your property is actually worth on the open market. Those are two very different conversations.

The So What - Thinking About Selling This Summer?

If you own a house in Clearview Ridge and you are thinking about listing this summer, here is the straight talk. You are sitting in an above-average price neighbourhood for Red Deer, and values have nudged up 1.15%. The market is not racing, but it is not falling either. Buyers are paying 98 cents on the dollar, which means pricing sharp from day one matters. With 48 days as the average time to sell, plan for a 6-to-8 week runway. Do not overprice hoping for a bidding war - that is not the current energy here.

If you own a condo, the story is better. You are in a top-5 growth neighbourhood in the city right now. Buyers are moving in 18 days and paying nearly full list. If you have been waiting for a good window, this summer looks like one worth taking seriously.

Either way, the first step is knowing your real number. Check your HonestDoor Price before you call an agent, before you set a list price, and before you assume your tax assessment tells the whole story. It does not. Your HonestDoor Price does.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.