Lethbridge’s average final sale price hit $437,313 in September 2025, up 14.7 percent year over year. See the breakdown by property type, inventory and months of supply, plus how the city compares across Alberta.
- Average final sale price – all property types: $437,313
- Year over year change: +14.7 percent
- Sales: 154
- New listings: 204
- Sales-to-new listings ratio: 77 percent
- Months of supply: 2.13 (seller-leaning market)
Source: Alberta Real Estate Association monthly statistics for Lethbridge, September 2025. Alberta Realtor
By Property Type
- Detached: $475,387 (+10.7 percent YoY)
- Semi-detached: $333,955 (+0.4 percent YoY)
- Row/Townhouse: $356,831 (+21.8 percent YoY)
- Apartment: $266,299 (+45.1 percent YoY)
Row homes and apartments posted the largest annual gains, while semi-detached pricing was broadly flat. Detached remains the volume workhorse and sets the tone for the overall average. Figures reflect September 2025 final sale prices. Lethbridge News Now
What’s Driving The Surge
- Tight supply: With only 2.13 months of supply, inventory remains constrained even as 204 new listings hit the market in September. Low months of supply typically supports stronger pricing. Alberta Realtor
- Demand mix: Nearly three quarters of sales were detached, but the biggest year over year jumps came from row and apartment segments, suggesting buyers are stretching dollars across more affordable property types. Lethbridge News Now
How Lethbridge Compares In Alberta
- Provincial average price (all property types): $502,063 in September 2025 (+0.6 percent YoY). Lethbridge remains below the provincial average, preserving a relative affordability edge. WOWA
- Across the province, market balance varied by city, but Lethbridge’s 77 percent SNLR flagged a seller-skewed backdrop. WOWA
Note: External coverage also highlighted that Lethbridge posted one of the strongest year over year price gains in Alberta during September 2025. Lethbridge News Now
What It Means For Buyers And Sellers
Buyers
- Budget for faster-moving listings, especially in the entry apartment and row segments that saw the sharpest annual gains.
- Consider pre-approval holds and watch for new supply waves to soften competition.
Sellers
- With months of supply near 2, properly priced listings can still attract strong interest.
- Apartments and row homes have momentum year over year; highlight value adds and turn-key conditions to differentiate.
Methodology Notes
Figures above reflect final sale prices reported by the Alberta Real Estate Association for September 2025. Sales counts, new listings, months of supply and SNLR are from AREA’s city-level monthly statistics. Provincial context is drawn from a third-party market dashboard that aggregates CREA and board data. Alberta Realtor+1
References
- Alberta Real Estate Association – City of Lethbridge Monthly Statistics, September 2025 – PDF with prices, listings, SNLR and months of supply. Alberta Realtor
- Lethbridge News Now – “Final sale prices for Lethbridge homes up nearly 15% in one year” (Oct 15, 2025) – summary of AREA’s September figures by property type. Lethbridge News Now
- WOWA – Alberta Housing Market Report (updated Oct 20, 2025) – provincial average price, SNLR table showing Lethbridge at 77 percent. WOWA
If you are planning a purchase or sale, always verify current conditions with the latest AREA release, as local market dynamics can shift month to month.
Source: Final sale prices for Lethbridge homes up nearly 15% in one year | Lethbridge News Now
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