If you own a home in Clearview Ridge and you're still relying on your last city assessment to know what your place is worth, you're working with old news. Here's what's actually happening on the ground right now.
We're seeing a split market in Clearview Ridge right now, and it matters depending on what you own.
Houses are taking a breather. The average sale price for houses came in at $455,750 this month, which is down 11.2% from last month. Only 4 homes sold, down 20% from the month before, and listings are sitting at an average ask of $377,450. Buyers are paying about 99% of list price, which sounds close, but the falling sale prices tell the real story - this is a cooling market for houses right now. Properties are moving in about 16 days on average, which is actually pretty healthy, and on the Red Deer leaderboard, Clearview Ridge houses rank 10 out of 34 neighbourhoods for days-on-market. That means we're still selling faster than most. On price, we rank 11 out of 58 neighbourhoods - so we're sitting among the more expensive addresses in the city.
Condos are a different conversation entirely. Only 1 condo sold this month, but the numbers behind that sale are strong. The average sale price held at $297,500, essentially flat, and properties are selling at 99.17% of list. More importantly, condo values in Clearview Ridge have jumped 10.10% recently, ranking 5 out of 73 comparable neighbourhoods in Red Deer for growth. That is a top-5 finish on the city leaderboard. If you own a condo here, that is not a number to ignore.
Here is the thing about your city assessment - it is a snapshot from months ago, based on a formula, not on what buyers are actually doing in Clearview Ridge right now. The HonestDoor Price is updated in real time using actual market activity. That is a meaningful difference when the market is moving.
For houses in Clearview Ridge, the average HonestDoor Price is $660,427, up 0.81% from the previous period. The predicted market value for houses sits at $655,123, which is nudging higher than the 3-month moving average of $654,021. That upward trend in the model matters even when monthly sales dip.
For condos, the HonestDoor Price is $1,642,698, up 8.17% - and the predicted market value of $1,518,634 is well above the 3-month moving average of $1,416,940. The model is tracking real momentum here.
Your city assessment will not show you any of that. It is a static number. The HonestDoor Price is the real-world check that tells you where your property actually stands today.
Honest answer - it depends on what you own.
If you own a house, the market is sending mixed signals. Monthly sales are down, prices dipped this month, and the growth rank of 57 out of 80 puts us in below-average territory for appreciation right now. That does not mean you cannot sell - 16 days on market is still a fast turnaround, and being in the top 11 out of 58 for price means buyers know this is a premium address. But if you can wait a few months to see if activity picks back up, that patience might be worth something.
If you own a condo, the story is more compelling for selling. A top-5 growth rank in the city, rising predicted values, and a stable sale-to-list ratio all point to a market that has real buyer interest. Summer could be a good window.
Either way, the first move is simple - check your HonestDoor Price before you do anything else. It will give you a current, honest baseline that your city assessment simply cannot. Knowing your real number is the difference between pricing with confidence and guessing.
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.