Sunnybrook South, Red Deer - September 2026 Real Estate Report

Sunnybrook South, Red Deer: What Your Home Is Actually Worth Right Now

If you've been glancing at your city tax assessment and wondering if it still means anything, here's the honest answer: it probably doesn't. The market has moved, and not always in the direction the city's paperwork suggests. Here's what's actually happening on the ground in Sunnybrook South right now.

The Vibe: Houses vs. Condos - Two Very Different Stories

We're seeing a split personality in Sunnybrook South, and it matters depending on what you own.

On the house side, things have taken a bit of a breather. The average HonestDoor Price sits at $645,790, down 2.83% from the previous period. Actual sales are averaging $964,250, with current listings sitting higher at $1,027,450. The catch? Buyers are only paying about 95 cents on the dollar - so that gap between list price and sale price is real. Homes are sitting for an average of 62 days, which puts us in slow-selling territory for Red Deer. That's not panic territory, but it does mean sellers need to price sharp from day one.

• Average HonestDoor Price (Houses): $645,790
• Average Sale Price: $964,250
• Current Average Listing Price: $1,027,450
• Price Per Square Foot: $338
• Sale-to-List Ratio: 94.98% - buyers are negotiating
• Average Days on Market: 62 days
• Rental Estimate: $2,910/month
• Rental Yield: 5.39% - that's a strong return
• Transactions in 2026: 20

On the condo side, the numbers look completely different - and honestly, a bit eye-opening. The average HonestDoor Price for condos in Sunnybrook South is $3,122,350, up 0.98%. The predicted market value is $3,092,100 and it's trending upward against the 3-month average of $3,085,983. Growth ranks 25 out of 71 comparable neighbourhoods in Red Deer, putting us solidly above average on that leaderboard. Rental potential here is serious - $8,270/month estimated, with Airbnb sitting at $410 per night.

• Average HonestDoor Price (Condos): $3,122,350
• Predicted Market Value: $3,092,100
• 3-Month Moving Average: $3,085,983 - values are climbing
• Rental Estimate: $8,270/month
• Airbnb Estimate: $410/night
• Growth Rank: 25 out of 71 neighbourhoods - above average in Red Deer

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

Here's the thing about city assessments - they're a snapshot from months ago, sometimes longer. They don't know what sold on your street last Tuesday. They don't adjust for the fact that buyers in Sunnybrook South are currently negotiating below list price, or that condo values are quietly ticking upward while house prices cool.

The HonestDoor Price is updated in real time using actual transaction data. For houses, it's currently pegged at $645,790 - and that number reflects the 2.83% dip we've seen recently. Your tax assessment almost certainly doesn't. For condo owners, the HonestDoor Price of $3,122,350 is already ahead of the predicted value of $3,092,100, which tells you the market is pricing in optimism that the city's paperwork hasn't caught up to yet.

Checking your HonestDoor Price right now isn't just curiosity - it's knowing your actual position before you make any move. Think of it as the real-world check your assessment was never designed to be.

The Neighbourhood Leaderboard: Where Sunnybrook South Stands

Context matters. Here's how we stack up against the neighbours.

• House Price Rank: 1 out of 58 neighbourhoods - we're among the most expensive in Red Deer
• House Growth Rank: 59 out of 78 - below average, the market is taking a breather
• Days-on-Market Rank: 33 out of 41 - homes are moving slowly compared to most of the city
• Condo Growth Rank: 25 out of 71 - above average, a brighter picture
• Nearby comparison - Sunnybrook Extension houses are predicted at $723,400, slightly ahead of our $666,399
• Westerner Park condos average $5,111,986 - a different price tier entirely

The So What: Thinking About Selling This Summer?

If you own a house in Sunnybrook South and you're thinking about listing this summer, the data is telling you something specific: price it right from the start. Buyers are paying 95% of list price on average, and homes are sitting 62 days before selling. That means overpricing isn't a strategy here - it's a way to sit on the market while your neighbours watch. The good news is we rank number one for price in Red Deer, so the demand for this neighbourhood is real. You just need to meet buyers where they actually are, not where you wish they were.

If you own a condo, the story is more encouraging. Values are trending up, growth ranks above average for the city, and the rental income potential at $8,270/month gives buyers a compelling reason to pay your price. Summer could be a genuinely good window to move.

Either way, the first step is the same - pull your HonestDoor Price today and compare it to what the city thinks your home is worth. That gap, whatever it is, is your starting point for every conversation that comes next.

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.