Sunnybrook, Red Deer - October 2026 Real Estate Report
Sunnybrook, Red Deer: What's Actually Happening With Home Prices Right Now
If you've been watching the "For Sale" signs in Sunnybrook lately, here's the honest read: the market is taking a breather. Prices are softer, homes are sitting longer, and the gap between what sellers want and what buyers will pay is getting harder to ignore. Here's what the numbers actually mean for your street.
The Vibe: Houses vs. Condos in Sunnybrook
Let's break it down for the two main property types we see in our neighbourhood.
Houses
The average HonestDoor Price for a house in Sunnybrook sits at $491,364 - up a modest 0.78% from the previous period. That's a small but real gain. The predicted market value comes in at $487,574, which is actually running below the 3-month moving average of $503,493. That gap tells us values have been sliding recently, down 4.33% in the short term.
- Average HonestDoor Price: $491,364 (up 0.78%)
- Average sale price this month: $437,700 (down 22.3% from last month)
- Average list price: $609,000
- Price per square foot: $409
- Homes selling at: 98.52% of list price - buyers are getting a small discount
- Average days on market: 69 days
- Properties sold this month: 5
- Estimated monthly rent: $2,406 with a rental yield of 5.67%
That 69-day average is worth noting. Homes here are sitting longer than most of Red Deer - days-on-market ranks 31 out of 41 neighbourhoods. On the neighbourhood growth leaderboard, Sunnybrook houses rank 65 out of 80. That puts us near the bottom tier right now. Not a panic signal, but it is a signal worth paying attention to if you're thinking about timing a sale.
One bright spot: the rental yield of 5.67% is genuinely strong. If you're an investor or considering holding rather than selling, the income math works in your favour here.
Condos
The condo picture in Sunnybrook is a bit unusual. The HonestDoor Price averages $2,147,924 - though that figure has dropped 6.96% from the previous period. The predicted market value is $2,308,638, slightly down from the 3-month moving average of $2,324,209.
- Average HonestDoor Price: $2,147,924 (down 6.96%)
- Average sale price this month: $120,000 (down 24.5% from last month)
- Average list price: $125,000
- Price per square foot: $135
- Condos selling at: 96.00% of list price
- Average days on market: 77 days
- Properties sold this month: 1
- Estimated monthly rent: $6,776 with a rental yield of 2.51%
With only 1 condo sold this month and an average of 77 days on market, this is a slow-moving segment. The days-on-market rank is 23 out of 26 - near the bottom in Red Deer. On price, condos rank 36 out of 39, placing them among the most affordable in the city. The rental yield of 2.51% is moderate - it covers costs but doesn't knock it out of the park the way houses do.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that house prices in Sunnybrook have shifted 4.33% recently. It doesn't track what sold on your block last Tuesday.
The HonestDoor Price is updated in real time using actual transaction data. Right now, with the market moving the way it is - values dipping, days on market climbing, and buyers negotiating below list - your government assessment could be telling you a number that no longer reflects reality. That matters when you're making decisions about selling, refinancing, or even just understanding what you actually own.
Checking your HonestDoor Price today gives you the real-world number, not a bureaucratic one from six months ago.
The "So What?" - Thinking About Selling This Summer?
If you're weighing a summer sale in Sunnybrook, here's the straight talk.
- Buyers have the edge right now. Homes are selling below list price and sitting for over two months on average.
- Pricing sharp from day one matters more than ever. Overpricing and chasing the market down is a losing strategy in this environment.
- Houses are still moving - 27 total transactions in 2026 so far, and Sunnybrook ranks 18th in Red Deer for total transaction volume. There is activity here.
- Your competition includes listings averaging $609,000. If your home is priced well below that, you have a real advantage.
- Sunnybrook Extension next door averages $698,900. If your home is priced right, buyers priced out of that neighbourhood may come looking here.
The bottom line: this is not a market to test with a high ask and hope for the best. Know your real number, price it honestly, and you can still get a deal done this summer. Start by pulling your HonestDoor Price - it's the most current read you'll find on what your home is actually worth today.
sunnybrook | 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.