Davenport, Red Deer - July 2026 Real Estate Report

Davenport, Red Deer: Your Neighbour Just Got More Than Asking. Here's What That Means for You.

If you own a home in Davenport and you haven't checked your property value lately, you're probably leaving money on the table. The numbers coming out of this neighbourhood right now are worth paying attention to - especially if you're even thinking about selling before the snow flies again.

The Vibe: What's Actually Happening on Our Streets

Houses - We're in Seller Territory

Let's get straight to it. Houses in Davenport are selling fast and selling high. The average sale price hit $517,250 this period - that's up 30.6% from last month. More telling? Buyers are paying an average of 103.38% of the list price. That means people are going over asking to get into our neighbourhood. That's not a typo.

• Average sale price: $517,250
• Average list price: $558,600
• Price per square foot: $423
• Average days on market: 8 days
• Sale-to-list ratio: 103.38% - buyers are paying above asking
• Properties sold in 2026: 26 total transactions

Eight days on market. That's not a slow burn - that's a house getting snapped up before most people even book a showing. Our growth rate ranks 9 out of 80 neighbourhoods in Red Deer. That puts us near the top of the leaderboard city-wide. And our days-on-market rank? Third fastest out of 34 comparable areas. Third. We're not taking a breather here - houses are moving.

The HonestDoor predicted market value for houses sits at $435,989, up from a 3-month moving average of $430,629. Rental yield is running at 5.81%, which is a strong return if you're thinking about this as an investment hold instead of a sale.

Condos - A Different Story, Worth Knowing

The condo side of Davenport is a different conversation. One condo sold this period - down 50% from last month - and it sat on the market for 37 days. Buyers paid 98.25% of list price, meaning there's a bit of negotiating room. This is a stable buyers' market for condos right now, not a frenzy.

• Average condo sale price: $280,000
• Average list price: $285,000
• Price per square foot: $347
• Average days on market: 37 days
• Sale-to-list ratio: 98.25% - slight room to negotiate

The condo growth rank is 8 out of 73 neighbourhoods in Red Deer - genuinely strong on paper. But with only one sale and slower days-on-market (ranked 18 out of 25), the condo market here is thinner. Fewer buyers, fewer deals. If you own a condo in Davenport, pricing it right from day one matters more than it does for houses right now.

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 that buyers just paid over asking on your street. It doesn't factor in that Davenport houses are selling in 8 days right now. It's a static number in a moving market.

The HonestDoor Price is updated in real time using actual transaction data. For houses in Davenport, the average HonestDoor Price is $440,269 - up 1.11% from the previous period. That's the real-world check. It reflects what's happening now, not what the city recorded last year.

Compare that to your neighbours. Devonshire's average HonestDoor Price is $447,792. Deer Park Village is at $483,556. Rosedale Meadows is at $505,997. Knowing where Davenport sits relative to those neighbourhoods gives you actual leverage - whether you're negotiating a sale price, refinancing, or just figuring out if your insurance coverage still makes sense.

Don't wait for your next assessment notice to find out what your home is worth. By the time that letter arrives, the market will have moved again.

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

If you own a house in Davenport and you're on the fence about selling, the data is giving you a clear signal right now. Buyers are competitive. They're paying over list. Properties are gone in about a week. That combination doesn't last forever, and summer is historically when foot traffic peaks.

A few things to keep in mind before you list:

• Check your HonestDoor Price first - it's your baseline for what the market actually thinks your home is worth today
• With a 103.38% sale-to-list ratio, pricing strategy matters - list too high and you lose that momentum
• At $423 per square foot, knowing your square footage accurately can shift your number significantly
• Rental yield of 5.81% means if you're not ready to sell, holding and renting is a legitimate option worth running the numbers on
• Davenport ranks 9 out of 80 in growth across Red Deer - that's a selling point you can actually use in a listing conversation

If you own a condo, take a breath and be realistic about timing. The market is stable but slower. Price it sharp from the start, because 37 days on market can turn into 60 if you get it wrong out of the gate.

Bottom line - Davenport is performing. The house market especially is punching above its weight in Red Deer right now. If this summer is your window, the conditions are about as good as they've been. Check your HonestDoor Price, talk to someone who knows this area, and make a move with real numbers in hand.

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.