Neighbourhood Market Intelligence
Kitscoty
Village of Kitscoty, 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, 43 sales · 63 listings in total
Market Pulse
Strong Buyer
Buyer
Balanced
Seller
Strong Seller
Balanced
Based on 5 active listings against 19 sales in the past 12 months (3.2 months of supply), 15 of 58 listings failing to sell (26%), a median sale at 95.5% of asking and a median of 38 days on market.
Market Pulse is an interpretation of neighbourhood MLS® activity, not an official MLS® classification.
What changed this year
24 → 19
Sales volume
19 homes sold in the past twelve months against 24 in the twelve before. Median time to sell went from 54 days to 33.
+25.1%
Median sale price
$219,750 to $275,000. Median above-grade size of homes sold moved from 1,033 to 1,154 sq ft, and price per square foot from $216.11 to $251.95 — check the size shift before reading the headline as appreciation.
8 → 7
Listings that failed to sell
Expired, withdrawn or terminated listings went from 8 in the prior twelve months to 7 in the past twelve.
Jordan's read on the market
Kitscoty had the sharpest improvement of any town in the past year. The median sale price rose from $219,750 in the prior twelve months to $275,000 in the past twelve, and the median time to sell fell from 54 days to 33. Some of that is mix — the homes that sold this year were larger — but price per square foot also moved from $216 to $252, which is a real gain.
With 19 sales in the past year and 5 homes listed today, supply is about 3.2 months. The weak spot is new construction: three 2025-built bi-levels in the $361,000–$500,000 range expired after 188 to 311 days, and a fourth has just been listed at $519,900, while resale homes in the $250,000–$400,000 range moved in weeks. Buyers here are paying for established homes, not paying a premium for new.
Bungalows dominate (25 of 43 sales, median $262,000). Homes built in the 2000s commanded the top of the market at a median of $382,500; 1960s and 70s homes sold at a median of $199,000.
What homes sold for
Two years in review
| Measure | Past 12 months | Prior 12 months | Change |
|---|---|---|---|
| Homes sold | 19 | 24 | −20.8% |
| Median sold price | $275,000 | $219,750 | +25.1% |
| Median price per sq ft | $251.95 | $216.11 | +16.6% |
| Median days on market | 33 | 54 | -21 days |
| Average days on market | 65 | 72 | −9.1% |
| Listings that failed to sell | 7 | 8 | -1 |
| Median home size sold | 1,154 sq ft | 1,033 sq ft | +11.7% |
Sales by home type
| Type | Sold (24 mo) | Median price | Median $/sq ft | Median days |
|---|---|---|---|---|
| Bungalow | 25 | $262,000 | $234.28 | 40 |
| Bi-level | 8 | $264,500 | $251.71 | 70 |
| Acreage | 3 | $417,500 | $206.35 | 25 |
| 1.5 / 2 storey | 3 | $145,000 | $150.96 | 84 |
| All other types | 4 | — | — | — |
All 43 sales over 24 months. Types with fewer than three sales are grouped. Acreage sales include land value and are not comparable per square foot.
Sales by year built
| Built | Sold (24 mo) | Median price | Median $/sq ft | Median days |
|---|---|---|---|---|
| Pre-1960 | 5 | $154,000 | $150.96 | 98 |
| 1960–1979 | 8 | $199,000 | $193.09 | 58 |
| 1980–1999 | 16 | $262,500 | $229.97 | 32 |
| 2000–2009 | 10 | $382,500 | $281.55 | 26 |
| 2010 or newer | 3 | $285,000 | $280.79 | 21 |
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 $200k | 12 | 1 | 2.0 |
| $200–299k | 19 | 1 | 1.3 |
| $300–399k | 6 | 1 | 4.0 |
| $400–499k | 5 | 1 | 4.8 |
| $500k+ | 1 | 1 | 24.0 |
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 38 days, average 69. 43% of sales needed two months or more.
What the failed listings say
Over the past two years, 15 Kitscoty listings came off the market unsold — expired, withdrawn or terminated — against 43 that sold. That is a 26% failure rate. Those listings asked a median of $259,000 and sat a median of 188 days before giving up; the median home that sold closed at $259,000.
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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Town-level statistics establish context; they cannot value a specific property. In smaller communities a single sale can move the median, and two homes on the same street routinely sell tens of thousands apart.
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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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