Neighbourhood Market Intelligence
Rural Vermilion River
County of Vermilion River, Alberta · November 2026
Prepared by Jordan Bird | LPT Realty · Data updated 1 November 2026 · Source Pillar 9 MLS® (Matrix)
Reporting period 1 November 2024 – 1 November 2026 · Dataset 24-month dataset, 72 sales · 133 listings in total
Market Pulse
Strong Buyer
Buyer
Balanced
Seller
Strong Seller
Buyer Advantage
Based on 16 active listings against 30 sales in the past 12 months (6.4 months of supply), 43 of 115 listings failing to sell (37%), a median sale at 96.6% of asking and a median of 77 days on market.
Market Pulse is an interpretation of neighbourhood MLS® activity, not an official MLS® classification.
What changed this year
42 → 30
Sales volume
30 homes sold in the past twelve months against 42 in the twelve before. Median time to sell went from 74 days to 82.
+8.0%
Median sale price
$516,000 to $557,500. Median above-grade size of homes sold moved from 1,562 to 1,512 sq ft, and price per square foot from $306.60 to $367.93 — check the size shift before reading the headline as appreciation.
32 → 11
Listings that failed to sell
Expired, withdrawn or terminated listings went from 32 in the prior twelve months to 11 in the past twelve.
Jordan's read on the market
The County of Vermilion River is the acreage market around Lloydminster, Kitscoty, Marwayne and Vermilion, and it has held up well at the top end. Seventy-two sales in two years at a 24-month median of $532,500; the 12-month median rose to $557,500 from $516,000, and price per above-grade square foot rose from about $307 to $368.
The trade-off is time and failure rate. Homes took a median of 77 days to sell (82 in the past twelve months), 47 of 72 took 60 days or longer, and 43 listings came off unsold — a 37% failure rate. Failed listings asked a median of $567,900 and sat 170 days before giving up. Sixteen acreages are listed today, from $229,900 to $1.5 million, about 6.4 months of supply at the current pace.
Homes built in the 2000s are the sweet spot: 28 sales at a median of $613,500. Acreages built in the 1980s and 90s (21 sales) sold at a median of $475,000. Above $900,000, five homes have sold in two years; four are listed today.
What homes sold for
Two years in review
| Measure | Past 12 months | Prior 12 months | Change |
|---|---|---|---|
| Homes sold | 30 | 42 | −28.6% |
| Median sold price | $557,500 | $516,000 | +8.0% |
| Median price per sq ft | $367.93 | $306.60 | +20.0% |
| Median days on market | 82 | 74 | +8 days |
| Average days on market | 122 | 101 | +20.6% |
| Listings that failed to sell | 11 | 32 | -21 |
| Median home size sold | 1,512 sq ft | 1,562 sq ft | −3.2% |
Sales by year built
| Built | Sold (24 mo) | Median price | Median $/sq ft | Median days |
|---|---|---|---|---|
| Pre-1960 | 5 | $239,500 | $196.28 | 30 |
| 1960–1979 | 8 | $472,500 | $278.15 | 87 |
| 1980–1999 | 21 | $475,000 | $271.32 | 143 |
| 2000–2009 | 28 | $613,500 | $376.02 | 62 |
| 2010 or newer | 10 | $550,000 | $354.27 | 104 |
Homes with a recorded year built; bands with fewer than three sales omitted.
Where the supply is — and isn't
| Price band | Sold in 24 months | For sale today | Months of supply |
|---|---|---|---|
| Under $400k | 20 | 3 | 3.6 |
| $400–499k | 11 | 2 | 4.4 |
| $500–599k | 15 | 1 | 1.6 |
| $600–749k | 18 | 4 | 5.3 |
| $750k+ | 8 | 6 | 18.0 |
Months of supply here uses the 24-month sales pace within each band to smooth out small counts.
How long homes took to sell
Median 77 days, average 110. 65% of sales needed two months or more.
What the failed listings say
Over the past two years, 43 County of Vermilion River listings came off the market unsold — expired, withdrawn or terminated — against 72 that sold. That is a 37% failure rate. Those listings asked a median of $567,900 and sat a median of 170 days before giving up; the median home that sold closed at $532,500.
The sale-to-list ratio is measured against the final asking price, after any reductions, so it flatters listings that started high and came down. In a market this size, the first price is the one that decides whether a home sells at all.
Where inventory sits vs. where buyers are
What could your home be worth?
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Jordan Bird | LPT Realty · jordanbird.ca · 17 years serving clients in real estate · Licensed in Alberta & Saskatchewan
Prepared by Jordan Bird | LPT Realty using Pillar 9 MLS® data believed to be reliable at the time of preparation. Community statistics provide general market context and are not a formal appraisal or property-specific valuation. Small-sample figures are shown for completeness and should be read as directional. Individual values vary with location, condition, size, improvements and timing. Not intended to solicit properties currently listed for sale.
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