Clearview Ridge, Red Deer - October 2026 Real Estate Report
Clearview Ridge, Red Deer: What's Actually Happening With Home Prices Right Now
If you live in Clearview Ridge and you haven't checked your home's value lately, this is your nudge. The market here is moving in two very different directions depending on what you own - and the gap between what the city thinks your place is worth and what buyers will actually pay is wider than most people realize.
The Vibe: Houses vs. Condos - Two Very Different Stories
Let's be straight with each other. For houses, we're seeing a market that's taking a breather. The average sale price sits at $417,750 this month, down 7.6% from last month. Listings are averaging $400,000, and buyers are landing deals at 99.38% of list price - meaning sellers are getting close to asking, but not quite. Only 2 houses sold this month, and they moved in an average of 16 days. That's actually fast - our days-on-market rank is 7 out of 41 neighbourhoods in Red Deer, which puts us near the top of the leaderboard for speed. Houses are selling quick, just not at peak prices.
- Average house sale price: $417,750 (down 7.6% from last month)
- Average list price: $400,000
- Price per square foot: $428
- Sale-to-list ratio: 99.38%
- Average days on market: 16
- Properties sold this month: 2
- House growth rank: 49 out of 80 neighbourhoods in Red Deer (below average)
Condos are a different conversation. One condo sold this month at $337,000 - up 13.3% from last month. Buyers paid 97.97% of list price, and the unit sat for 21 days. The condo growth rank tells a better story here: 19 out of 72 neighbourhoods in Red Deer, putting Clearview Ridge condos solidly above average on the neighbourhood leaderboard. If you own a condo here, that's a number worth paying attention to.
- Average condo sale price: $337,000 (up 13.3% from last month)
- Average list price: $344,000
- Price per square foot: $300
- Sale-to-list ratio: 97.97%
- Average days on market: 21
- Properties sold this month: 1
- Condo growth rank: 19 out of 72 neighbourhoods in Red Deer (above average)
The Secret Sauce: Your HonestDoor Price vs. That Government Assessment
Here's the thing about your city assessment - it's a snapshot from months ago, built on old data, and it doesn't care what happened in your neighbourhood last week. The HonestDoor Price is updated in real time, and right now it's telling a story your assessment simply can't.
For houses in Clearview Ridge, the average HonestDoor Price is $646,063 - up 0.48% from the previous period. The 3-month predicted market value sits at $642,962, slightly down from the moving average of $655,870. That recent shift of -3.47% is exactly the kind of real-world signal your tax assessment will never catch in time. On the leaderboard, house price rank is 25 out of 58 neighbourhoods - above average for Red Deer.
For condos, the HonestDoor Price averages $1,361,187 - though it has decreased 13.83% from the previous period. The predicted market value is $1,579,701, which is actually trending up against the 3-month moving average of $1,565,955. Condo price rank is 9 out of 39 neighbourhoods - well above average. These two numbers moving in opposite directions is exactly why you need a live estimate, not a stale government figure.
- House HonestDoor Price: $646,063 (up 0.48%)
- House predicted market value: $642,962
- House rental estimate: $2,761/month - rental yield: 5.55%
- Condo HonestDoor Price: $1,361,187 (down 13.83%)
- Condo predicted market value: $1,579,701
- Condo rental estimate: $3,876/month - rental yield: 3.58%
The So What - Should You Sell in Clearview Ridge This Summer?
If you own a house here and you're thinking about listing, the honest answer is: timing matters more than usual right now. Prices dipped 7.6% in a single month, and the recent value change of -3.47% puts us below the midpoint on Red Deer's growth leaderboard. That doesn't mean you can't sell well - houses are still moving in 16 days, which is genuinely fast. But pricing it right from day one is everything. Overpricing in a softening market is the fastest way to sit unsold.
If you own a condo, the picture is more encouraging. Prices jumped 13.3% last month, the growth rank is above average, and the predicted value is trending upward. Summer could be a solid window.
Either way, the first thing to do is pull your HonestDoor Price today - not next month, not when the city sends its next assessment. The market is moving now, and knowing your real number is the difference between leaving money on the table and walking away with what your home is actually worth.
Clearview Ridge has 36 total property transactions in 2026 so far, ranking 12th in Red Deer for transaction volume. People are buying and selling here. The question is whether you're ready when the right buyer shows up.
clearview ridge | red deer | october 2026This 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.