Highland Green Estates, Red Deer - July 2026 Real Estate Report

Highland Green Estates, Red Deer: Your Neighbour Just Got a Surprise on Their Home Value

If you own a home in Highland Green Estates and the last number you checked was your city tax assessment, you are probably working with stale data. Here is what is actually happening on the ground right now.

The Vibe: What the Market Is Doing for Us Right Now

Houses - Steady Demand, Affordable Entry Point

We are sitting in one of the most affordable pockets in Red Deer. House prices rank 57 out of 58 neighbourhoods - that means almost every other area in the city costs more than what we pay here. That is not a knock on the neighbourhood. That is an opportunity, especially for buyers who have been priced out elsewhere.

The average sale price for houses came in at $320,233 this month, up 9.1% from last month. Six properties sold - a 50% jump in sales volume from the month before. The market is moving. Homes are sitting on the market for an average of 36 days, which is on the slower side compared to other Red Deer neighbourhoods (days-on-market ranks 23 out of 34). But here is the thing - buyers are still paying 96.42% of list price. They are negotiating, but not by much.

• Average house sale price: $320,233 (up 9.1% month over month)
• Average list price: $359,200
• Price per square foot: $267
• Properties sold: 6 (up 50% from last month)
• Average days on market: 36
• Sale-to-list ratio: 96.42%
• HonestDoor Price for houses: $407,242
• 3-month moving average: $405,439 (trending up)
• Estimated monthly rent: $1,957
• Rental yield: 5.85%
• Growth rank: 35 out of 80 neighbourhoods in Red Deer - above average

That 5.85% rental yield is worth paying attention to. For anyone thinking about holding a property here as a rental, that is a solid return compared to what you would find in pricier parts of the city.

Condos - A Different Story Entirely

The condo side of Highland Green Estates is a smaller market - only 1 sale recorded recently - but the numbers are interesting. That one unit sold at exactly 100% of list price and was off the market in 14 days. No discounting, no dragging. Compare that to Riverside Meadows where condos moved in 9 days, so we are a touch slower, but still a balanced market.

The big headline for condos is growth. We rank 14 out of 73 comparable neighbourhoods in Red Deer for growth rate. That puts us in the top performers category. The HonestDoor Price for condos is sitting at $1,234,910, up from a 3-month moving average of $1,168,103. Values have moved 8.36% recently. That is not a typo.

• Average condo sale price: $110,000
• Price per square foot: $160
• Sale-to-list ratio: 100%
• Days on market: 14
• HonestDoor Price for condos: $1,234,910
• 3-month moving average: $1,168,103 (trending up)
• Estimated monthly rent: $3,803
• Rental yield: 3.51%
• Recent value change: +8.36%
• Growth rank: 14 out of 73 neighbourhoods in Red Deer - top performer

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the honest truth about city assessments - they are a snapshot from months ago, sometimes longer. They do not account for what sold last week, what buyers are actually paying today, or how your street compares to the one two blocks over.

The HonestDoor Price is updated in real time using actual transaction data. For houses in Highland Green Estates, the HonestDoor Price is $407,059 - and it is tracking above the recent average sale price of $320,233. That gap tells you something. It reflects the full picture of what properties here are worth, not just what a handful of sales happened to close at in a slow month.

For condos, the HonestDoor Price of $1,234,910 is climbing alongside an 8.36% recent value change. If you are relying on last year's assessment to make a decision about selling, refinancing, or even just understanding your net worth, you are flying blind. Check your HonestDoor Price first. It is the real-world number, not the government's best guess from six months ago.

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

If you own a house in Highland Green Estates and you are thinking about listing this summer, here is the straight talk.

Sales volume is up 50% month over month. Prices are rising. Buyers are active and paying close to asking. The neighbourhood ranks above average in Red Deer for growth - 35 out of 80. You are not in a hot, bidding-war market, but you are in a market that is moving in the right direction. Pricing your home correctly matters here. Buyers are negotiating a small discount off list, so coming in too high will cost you time - and 36 days on market is already on the longer side.

For condo owners, the story is even more compelling. Top-15 growth ranking in the city, values trending up, and the last unit sold at full asking price in two weeks. If you have been sitting on the fence, the data says the window is open.

Either way, the first step is knowing what your home is actually worth today - not what the city said it was worth last year. Pull your HonestDoor Price at HonestDoor.com and start from a number you can trust.

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.