Kentwood East, Red Deer - August 2026 Real Estate Report

Kentwood East, Red Deer: Your Neighbour Just Asked What Their House Is Worth - Here Is the Real Answer

The Vibe Right Now

If you have been watching the "For Sale" signs in Kentwood East, here is what is actually happening. The market is split into two very different stories depending on whether you own a house or a condo. Let us break it down.

Houses: Taking a Breather

The average sale price for houses this month came in at $459,950 - down 10.7% from last month. That is a notable dip. Listings are sitting at an average of $474,900, and homes are selling for about 96.94% of the asking price. Translation: buyers are negotiating, and they are winning small discounts. With only 2 sales recorded this month and homes sitting on the market for an average of 24 days, we are not in a frenzy right now.

• Average sale price: $459,950
• Average list price: $474,900
• Price per square foot: $406
• Sale-to-list ratio: 96.94%
• Average days on market: 24
• Properties sold this month: 2
• Rental yield: 5.80% - strong returns for landlords
• Estimated monthly rent: $2,124

The good news for house owners? The HonestDoor predicted value for houses sits at $423,814, and that number is climbing - up from a 3-month moving average of $419,172. Property values have moved 1.88% recently, landing Kentwood East houses at rank 35 out of 79 neighbourhoods in Red Deer for growth. That is above average on the neighbourhood leaderboard. Days on market rank is 13 out of 39, meaning houses here sell moderately fast compared to the rest of the city. On price, we rank 19 out of 58 - solidly above average.

Condos: A Different Story Entirely

Condos in Kentwood East are putting up some genuinely interesting numbers. The HonestDoor Price for condos is sitting at $1,268,789 - yes, that is a higher-end segment. The predicted market value has jumped to $1,308,992, up from a 3-month moving average of $1,207,362. That is real upward movement. Property values have shifted 8.11% recently, which puts Kentwood East condos at rank 6 out of 71 neighbourhoods in Red Deer for growth. That is top-tier on the leaderboard.

• Average sale price: $196,750
• Average list price: $235,000
• Price per square foot: $189
• Sale-to-list ratio: 97.02%
• Average days on market: 24
• Properties sold this month: 2
• Rental yield: 3.71% - moderate but steady
• Estimated monthly rent: $3,274
• Growth rank: 6 out of 71 in Red Deer - top performers

The condo market here is stable. Prices are essentially unchanged month over month, and buyers are paying 97.02% of list. No panic, no frenzy - just a steady, functioning market.

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

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that house values in Kentwood East have been quietly climbing, or that condo growth here ranks in the top 10 in all of Red Deer. Your tax assessment is a rearview mirror. The HonestDoor Price is the windshield.

The average HonestDoor Price for houses in Kentwood East is $422,290 right now. For condos, it is $1,268,789. These numbers update in real time and reflect what is actually happening in the market today - not what was happening when a government assessor last ran the numbers. If you are making any financial decision about your home - refinancing, selling, even just curious - the HonestDoor Price is your real-world check against a number that may already be out of date.

Compare that to your neighbours. Kingsgate houses are averaging $419,278. Kentwood West houses are at $422,304 - almost identical to us. We are holding our own in a competitive pocket of Red Deer.

The So What - Should You Sell This Summer?

If you own a house in Kentwood East and are thinking about listing this summer, here is the honest take. The market is not red-hot right now. Buyers are getting small discounts, and the month-over-month sale price dropped. But - and this matters - the underlying HonestDoor predicted value is rising, not falling. The 3-month trend is moving in the right direction. If you price sharp and do not chase the top of the market, you can still get a solid deal done in about 24 days.

If you own a condo, the story is more interesting. A growth rank of 6 out of 71 in Red Deer is not something to ignore. Values are trending up, and the rental yield of 3.71% means investors are paying attention to this segment. Holding might make sense. Selling into a rising trend also makes sense if your timing is right.

Either way, do not make a move based on last year's assessment. Pull your HonestDoor Price first. That is the number that tells you where you actually stand today.

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.