Neighbourhood Market Intelligence
Southridge
Lloydminster, Alberta · September 2026
Prepared by Jordan Bird | LPT Realty · Data updated 28 August 2026 · Source Pillar 9 MLS®
Reporting period 1 September 2025 – 31 August 2026 · Dataset 11 October 2024 – 27 August 2026
Market Pulse
Strong Buyer
Buyer
Balanced
Seller
Strong Seller
Seller Advantage
Based on 1.5 months of inventory, a median price up 6.8%, a rate per square foot up 11.6% and stable sales volume — tempered by median time on market rising from 29 days to 41, and by an active count small enough to move the inventory figure quickly.
Market Pulse is an interpretation of neighbourhood MLS® activity, not an official MLS® classification.
What changed this year
+6.8%
Prices rose, inventory vanished
The median sale price moved from $314,900 to $336,450 and the rate per square foot rose 11.6%. Four homes are listed against 32 sales — about six weeks of supply.
41 days
But homes took longer to sell
Median time on market went from 29 days to 41, and the slowest quarter of sales rose from 67 days to 105. Detached homes alone were unchanged at about 31 days.
1,824 sq ft
The listings that fail are the largest
Homes that expired had a median size of 1,824 sq ft and a median asking price of $462,450, against a median sale of 1,210 sq ft at $325,000.
Jordan's read on the market
Southridge is a strong market with one clear exception. Values are up meaningfully — the median rose almost seven percent and the rate per square foot nearly twelve. Volume held steady and there are only four homes for sale in the whole neighbourhood. On those numbers alone this is a seller's market.
The exception is size. Homes of 1,100 to 1,600 sq ft sold in 15 to 20 days at the median. Above that they took longer, and many never sold at all: six of the ten listings that expired in two years were 1,600 sq ft or larger, sitting a median 167 days. The typical Southridge home that sells is about 1,210 sq ft; the typical one that fails is about 1,824.
That matters now because all four homes for sale fit the profile of the ones that struggle rather than the ones that move — a median 1,558 sq ft asking $464,925, about 29% larger and 43% dearer than the median home that sold. For most owners here that means very little competition. For owners of the largest homes it means the opposite.
What homes sold for
Thirty of the past year's 32 sales happened below $500,000.
Size is the dividing line in Southridge
| Above-grade size | Sold (12 mo) | Median price | Median $/sq ft | Median DOM | Active now | Expired (24 mo) |
|---|---|---|---|---|---|---|
| Under 1,100 sq ft | 11 | $280,000 | $279.73 | 95 | 1 | 2 |
| 1,100–1,299 sq ft | 7 | $339,900 | $279.75 | 15 | 1 | 2 |
| 1,300–1,599 sq ft | 7 | $378,000 | $285.50 | 20 | 0 | 0 |
| 1,600 sq ft and up | 7 | $425,000 | $212.91 | 32 | 2 | 6 |
All property types. Each band rests on 7 to 11 sales, so these figures are directional. The 1,100–1,599 sq ft range sells fastest and never expired once in two years. The 1,600+ range accounts for six of the ten expired listings — four separate homes, one of which was listed and expired three times. Note also that the largest homes achieve the lowest rate per square foot.
Detached homes by year built
| Year built | Sold | Median price | Median $/sq ft | Median DOM |
|---|---|---|---|---|
| 1970–1979 | 9 | $325,000 | $260.42 | 30 |
| 1980–1989 | 8 | $336,450 | $272.61 | 22 |
| 1990–1997 | 10 | $379,750 | $298.34 | 112 |
Detached sales only, n = 27. Southridge was built out over a narrow window, so era differences here largely track size and finish rather than age. The 1990s homes achieved the highest prices and the highest rate per square foot but took by far the longest to sell.
Where inventory sits vs. where buyers are
Two of the four listings sit above $500,000, a range that produced two sales in the past year — roughly 12 months of supply. The largest listing has already been on the market 146 days.
Sold, unsold, and for sale
| Group | Median size | Median price or asking price |
|---|---|---|
| Sold | 1,210 sq ft | $325,000 |
| Terminated | 1,557 sq ft | $434,389 |
| Expired | 1,824 sq ft | $462,450 |
| For sale today | 1,558 sq ft | $464,925 |
Full 24-month dataset. Price shown is sale price for sold homes and asking price for the rest. Expired homes were 51% larger and 42% more expensive than the homes that sold, and sat a median of 167 days before coming off the market. Current inventory matches the failure profile more closely than the success profile. Asking prices represent what sellers hope to achieve, not what buyers have paid.
What could your home be worth?
Request your personalized Market Intelligence Report
Everything above describes the neighbourhood. None of it describes your house. Size matters more here than in most neighbourhoods: median sale prices ranged from $280,000 under 1,100 sq ft to $425,000 above 1,600, while the rate per square foot ran from $285.50 in the 1,300–1,599 range down to $212.91 above 1,600.
A property-specific analysis weighs size, year built, condition and renovations, basement development, garage, lot, and the specific homes yours would compete against the day it lists.
Jordan Bird | LPT Realty · jordanbird.ca · 17 years serving clients in real estate · Licensed in Alberta & Saskatchewan
This Market Intelligence Report has been prepared by Jordan Bird | LPT Realty using available market information believed to be reliable at the time of preparation. Data is drawn from Pillar 9 MLS® records for residential listings in the Southridge area of Lloydminster, Alberta. Neighbourhood statistics are intended to provide general market context and should not be interpreted as a formal appraisal or property-specific valuation. Individual property values can vary based on location, condition, size, improvements, lot characteristics and current competition. Information is deemed reliable but not guaranteed. Not intended to solicit properties already listed for sale.
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