Davenport, Red Deer - August 2026 Real Estate Report

Davenport, Red Deer: What Your Neighbour Hasn't Told You Yet

The Vibe Right Now

If you've been watching the "For Sale" signs on your street, here's what's actually happening. Davenport is a tale of two markets. Houses are taking a breather. Condos are quietly doing something interesting. Let's break it down.

Houses - The Honest Picture

The average sale price for a house in Davenport right now is $378,180. That's down 26.9% from last month, which sounds alarming - but context matters. Listings are sitting at $377,140, and homes are selling at 99.96% of asking. That means sellers aren't getting lowballed. Buyers are paying almost exactly what's on the sign.

The catch? Homes are sitting for an average of 53 days before they sell. That's not a crisis, but it's not a hot weekend either. Only 5 houses sold this month. We're in a slower-moving market right now, and buyers know it.

• Average sale price: $378,180
• Average list price: $377,140
• Price per square foot: $325
• Sale-to-list ratio: 99.96%
• Average days on market: 53
• Properties sold this month: 5
• Rental yield: 5.80% - that's a strong return
• Estimated monthly rent: $2,116
• Neighbourhood growth rank: 49 out of 79 in Red Deer

On the leaderboard, Davenport houses rank 49 out of 79 Red Deer neighbourhoods for growth. Below average, yes - but the predicted market value of $440,847 is actually trending up from the 3-month moving average of $436,838. The floor isn't falling. It's just not a sprint right now.

Condos - The Quiet Overachiever

Here's where things get interesting. Davenport condos rank 9 out of 71 Red Deer neighbourhoods for growth. That puts us near the top of the city's leaderboard. Property values have shifted 7.45% recently, and the predicted market value of $5,557,149 is climbing past the 3-month average of $5,146,318.

Only 1 condo sold this month at $280,000, with an average of 37 days on market. The sale-to-list ratio came in at 98.25% - buyers got a small discount, but nothing dramatic. The market here is stable, not sliding.

• Average sale price: $280,000
• Average list price: $285,000
• Price per square foot: $347
• Sale-to-list ratio: 98.25%
• Average days on market: 37
• Properties sold this month: 1
• Neighbourhood growth rank: 9 out of 71 in Red Deer - top tier
• Airbnb rank in Red Deer: 11th

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing about your city assessment. It's a snapshot from months ago, sometimes longer. It doesn't know what sold on your block last Tuesday. It doesn't adjust for the fact that Davenport houses are sitting longer or that condo values are climbing right now.

The HonestDoor Price is the real-world check. For houses, it's sitting at $417,216 - that's the live number, updated to reflect what's actually happening in the market today. For condos, the HonestDoor Price reflects current momentum, not last year's paperwork.

Your tax assessment tells you what the city thinks your home was worth. The HonestDoor Price tells you what a buyer might actually pay. Those two numbers are not always the same - and right now in Davenport, the gap matters.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Davenport and you're thinking about listing this summer, go in with clear eyes. The market isn't broken - homes are still selling close to asking price. But buyers have options, and 53 days on market means you need to price it right from day one. Overpricing is the fastest way to sit unsold through August.

Check your HonestDoor Price before you call an agent. The average is $417,216 for houses, and the predicted value of $440,847 suggests there's still room to work with - especially compared to nearby Rosedale Meadows where the average sale sits at $420,000.

If you own a condo, the story is more encouraging. You're in a top-10 growth neighbourhood in Red Deer right now. That's a real selling point. Use it.

Bottom line - Davenport isn't the hottest market in Red Deer this summer, but it's far from dead. Know your number, price it sharp, and you'll find your buyer.

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.