Lethbridge Housing Market Statistics
Searching for Lethbridge housing market statistics in Lethbridge? Trusted Lethbridge Neighbourhood Experts community of Top Lethbridge real estate agents with comprehensive housing market reports, trends, prices and sales data. Our monthly analytics provide insights into the Lethbridge housing market, including supply and demand, neighborhood housing prices, and affordability.
We analyze Lethbridge housing market statistics, trends, declines, days on market and house values to give you a clear understanding of housing availability, prices, past sales, and relevant market data in Lethbridge.
Lethbridge Real Estate Market Report and Trends
Searching for Lethbridge market reports and trends? Our REALTOR® partners are neighborhood experts in Lethbridge. Lethbridge REALTORS® can provide you with community demographics and statistics including details on household incomes, age, marital status and population living in private households.
- Currently 403 active homes for sale in Lethbridge
- Average price of real estate in Lethbridge: 555,852.13
- Highest priced listing in : 9,752,680.00
- View current real estate market trends in Lethbridge
- Explore homes for rent in Lethbridge
Frequently Asked Questions
As of September 2025, the Lethbridge Real Estate reports:
- 403 active properties for sale
- Highest priced property: 9,752,680.00
- Lowest priced property: 1,400.00
- Average price: 555,852.13
Yes, Lethbridge remains a strong seller's market with:
- Inventory: 1.5 months supply (balanced markets need 4-6)
- Sales-to-list ratio: 75% (above 60% indicates seller's market)
- Price reductions: Only 18% of listings reduce price
According to CREB's 2025 Q2 report, top areas by demand:
| Area | Price Range | Days on Market |
|---|---|---|
| Evanston (NW) | $500k-$700k | 9 |
| Auburn Bay (SE) | $600k-$900k | 11 |
| Bridgeland (Inner City) | $400k-$1.2M | 14 |
Despite Bank of Canada's 5% policy rate (June 2025):
- Calgary sales volume remains 12% above 5-year average
- 55% of buyers are opting for adjustable-rate mortgages
- New stress test rules allow 1% lower qualifying rate for insured mortgages
2025 Alberta Programs:
- First Home Savings Account (FHSA): $8,000/year contribution limit
- Alberta Home Buyer Program: 5% shared equity (max $50,000)
- City of Calgary Rebates: Up to $5,000 for energy-efficient homes
- Reduced Transfer Tax: $0 on first $450,000 for homes under $600k
Market indicators suggest:
- Price forecast: CREB predicts 6-8% appreciation through 2025
- Rent vs Buy: Average mortgage payments now 15% cheaper than equivalent rents
- Construction: Only 2,800 new units expected in 2024 (demand for 5,000+)
Most analysts recommend buying if you plan to hold for 5+ years.
Beyond purchase price, budget for:
| Cost | Typical Range |
|---|---|
| Property Transfer Tax | $200-$5,000 |
| Home Inspection | $400-$700 |
| Legal Fees | $1,000-$2,500 |
| Property Tax Adjustment | 0.5-1.5% of home value |
Lethbridge Housing Market Trends
The Lethbridge housing market trends are influenced by economic conditions, interest rates, demographic shifts, and supply/demand dynamics. Recent years have seen low interest rates fueling demand and creating a seller's market with rising prices and limited inventory. The COVID-19 pandemic also shifted housing preferences toward larger homes and suburban/rural areas. These trends continue to evolve, making it important to monitor economic indicators and local market factors.
May 9 2023
A steep pullback in new listings relative to sales caused the sales-to-new listings ratio to push above 80 percent, preventing any significant shift in the inventory situation in the city....
Read More- Schools: 5/5
- Transit: 5/5
- Market: 4/5
- Safety: 5/5
- Family Friendly: 5/5
- Affordability: 5/5
April 16 2023
Seasonal monthly gains in sales and new listings did support some inventory growth in the city of Lethbridge in March compared to both earlier in the year and last year’s levels. However, with 427...
Read More- Schools: 4/5
- Transit: 5/5
- Market: 5/5
- Safety: 3/5
- Family Friendly: 4/5
- Affordability: 4/5
March 3 2023
Thanks to a steep pullback in detached sales, sales activity in Lethbridge has eased off the record levels reported last year. Despite the declines this year, sales remain consistent with activity...
Read More- Schools: 5/5
- Transit: 5/5
- Market: 5/5
- Safety: 5/5
- Family Friendly: 5/5
- Affordability: 5/5
December 9 2022
November sales eased contributing to the year-to-date decline of nearly 11 percent over last year’s record highs. While sales have trended slower, they remain 28 percent above long-term trends for...
Read More- Schools: 4/5
- Transit: 4/5
- Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
November 9 2022
Easing sales in October contributed to the year-to-date decline of nearly nine per cent. Much of the decline was driven by homes sales priced under $400,000. However, the sales decline in the lower...
Read More- Schools: 4/5
- Transit: 3/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
September 5 2022
August sales eased to levels not seen for the month since before the pandemic. However, sales could have been restricted due to significant pullback in new listings especially for homes priced...
Read More- Schools: 5/5
- Transit: 4/5
- Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
August 16 2022
With 101,482 residents in its 2019 municipal census, Lethbridge became the fourth city to surpass 100,000 residents in Alberta, Canada. Lethbridge is in the southeast of Alberta and experiences...
Read More- Schools: 5/5
- Transit: 3/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
May 4 2022
Lethbridge Real Estate & Housing Market Statistics Despite a modest gain in new listings this month, sales activity eased in Lethbridge. While this did help support an inventory level in April...
Read More- Schools: 5/5
- Transit: 5/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
May 3 2022
Single Detached Lethbridge Real Estate Statistics Months of inventory for single detached homes numbered 1.6 at the end of the first quarter of 2022, down from the 2.6 months recorded at the end...
Read More- Schools: 5/5
- Transit: 3/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
February 25 2022
Sales activity showed no signs of easing as January sales hit another record level for the month. The boost in sales was, in part, thanks to some gains in new listings relative to levels seen at...
Read More- Schools: 4/5
- Transit: 4/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 5/5
- Affordability: 5/5
February 2 2022
Inventory in Lethbridge Housing Market Reaches Record Lows The Lethbridge housing market is a draw for many homebuyers, thanks to its close proximity to the Canadian Rocky Mountains, warm summers...
Read More- Schools: 5/5
- Transit: 5/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
November 9 2021
While sales reached new record highs for October, new listings continued to ease, causing the sales to new listings ratio to rise to 93 percent. The persistent pullback in new listings and strong...
Read More- Schools: 4/5
- Transit: 4/5
- Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
October 23 2021
The pace of sales growth eased this month in the city. However, this is likely a reflection of supply not being able to keep pace rather than an adjustment in demand. A drop in new listings caused...
Read More- Schools: 4/5
- Transit: 3/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
September 8 2021
Market Trend Summary City of Lethbridge Monthly Statistics 18.0% $ 314,558 3.1% Y/Y INVENTORY DETACHED AVERAGE PRICE 9.6% 36.4% ROW AVERAGE PRICE APARTMENT AVERAGE PRICE MONTHS OF SUPPLY $ 316,901...
Read More- Schools: 5/5
- Transit: 5/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
September 4 2021
While trending down from record levels posted earlier in the year, sales activity remains robust in August at 190 sales, an improvement relative to last year and significantly higher than...
Read More- Schools: 5/5
- Transit: 4/5
- Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 5/5
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Lethbridge Price Trends
Current Lethbridge housing market data (updated September 16th 6:20pm):
- 403 active properties for sale
- Highest priced property: 9,752,680.00
- Lowest priced property: 1,400.00
- Average price: 555,852.13
Property types include single-family homes, townhomes, and new construction. View detailed Lethbridge real estate statistics.
Lethbridge Community Statistics
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Lethbridge Real Estate Market
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