Sunnybrook South, Red Deer - October 2026 Real Estate Report
Sunnybrook South, Red Deer: Prices Are Shifting - Here Is What Your Home Is Actually Worth Right Now
The Vibe on the Ground
If you have been watching the "For Sale" signs in Sunnybrook South lately, here is what is actually happening. The market is taking a breather. House prices have dipped, days on market are stretching out, and buyers are getting a little more leverage than they had before. That does not mean panic - it means pay attention.
The average HonestDoor Price for a house in Sunnybrook South sits at $642,424, down a slight 0.52% from the previous period. The predicted market value comes in at $647,561, which is already trending below the 3-month moving average of $660,724. That gap is a signal worth watching.
On the condo side, the story is a bit different. The average HonestDoor Price for a condo is $2,890,850, down 7.41% from the previous period. However, the predicted market value is actually climbing - sitting at $3,122,350, up from a 3-month moving average of $3,104,467. So while the broader condo number has pulled back, the forward-looking data is pointing up.
Houses vs. Condos - Breaking It Down
For those of us with houses in Sunnybrook South, here is the honest picture:
- Average sale price: $894,500 - down 7.2% from last month
- Average list price this month: $1,027,450
- Price per square foot: $465
- Homes are selling at 94.98% of list price - buyers are negotiating, and winning
- Average days on market: 62 days
- Only 2 properties sold recently - low volume means each sale carries more weight
- Rental estimate: $2,910 per month with a rental yield of 5.42% - that is a strong return if you are thinking about holding instead of selling
- Airbnb potential: $144 per night
On the neighbourhood leaderboard, Sunnybrook South houses rank 1 out of 58 for price in Red Deer - meaning we are sitting among the most expensive neighbourhoods in the city. Growth rate ranks 31 out of 80, which puts us in the above-average tier. Days on market ranks 28 out of 41, which tells us homes here are sitting a little longer than average before they sell.
For condo owners, the numbers look like this:
- HonestDoor Price: $2,890,850 - down 7.41% from the previous period
- Predicted market value: $3,122,350 - trending upward
- Rental estimate: $8,270 per month
- Rental yield: 2.48% - moderate, but the Airbnb potential at $392 per night adds another layer
- Airbnb rank in Red Deer: 19 - a strong short-term rental position
- Growth rate ranks 50 out of 72 in Red Deer - below average for now, but the predicted value is moving in the right direction
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about your city tax assessment: it is a snapshot from months ago, sometimes longer. It does not know that house prices in Sunnybrook South just dropped 7.2% in a single month. It does not know that the 3-month moving average for houses is sliding from $660,724 toward $647,561. It is working with old film while the market is streaming live.
The HonestDoor Price is updated in real time. It reflects what is actually happening on the street right now - not what was happening when the city last ran its numbers. If you are a homeowner in Sunnybrook South and you are making any kind of financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the number you want in front of you.
For houses, that real-world check puts you at $642,424 on average. For condos, $2,890,850. Those are the numbers that reflect today, not last year.
It is also worth noting where we stand against the neighbours. Sunnybrook Extension is priced slightly higher at $698,900 for houses. Inglewood West comes in cheaper at $487,875. Knowing where Sunnybrook South sits on that spectrum helps you price smarter, not just hopefully.
The So What - Should You Sell This Summer?
If you are thinking about listing this summer, here is the straight talk. The data is sending a mixed signal, and you need to read it clearly before you plant that sign in the lawn.
The case for moving sooner rather than later: prices are already down 7.2% month over month for houses. The predicted value is sitting below the 3-month moving average. Buyers are getting homes for about 5% under list price. If that trend continues, waiting could mean leaving more money on the table.
The case for holding: if your house could rent for $2,910 a month at a 5.42% yield, you have a real income option while you wait for the market to find its footing. That is not a bad fallback.
For condo owners, the forward-looking data is actually more encouraging. The predicted value is climbing, and the Airbnb rank of 19 in Red Deer means short-term rental demand is real. If you do not need to sell right now, the trajectory looks better than the current HonestDoor Price might suggest.
Bottom line: Sunnybrook South is still one of the most expensive neighbourhoods in Red Deer - ranked 1 out of 58 for price. That is a strong foundation. But in a cooling market with 62-day average days on market and buyers negotiating hard, your pricing strategy has to be sharp from day one. Pull your HonestDoor Price, compare it to your assessment, and make sure you are working with today's numbers - not last year's.
sunnybrook south | 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.