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Barrhead, AB

Updated: Aug 2016
House
Median price $244,000
Monthly growth 0.20 %
Quarterly trend
Stock on market 2.28%
Apartment
Median price $450,000
Monthly growth
Quarterly trend
Stock on market 0.16%

Barrhead Home Price

The median asking price in Barrhead is $244,000, pretty close to the median three months ago which was $254,000 .

Barrhead, Alberta has a median house price of $244,000 when compiling all the home listings in Aug .

Investors looking for properties in Barrhead are most likely to find 4 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.

Alberta has the fourth most amount of properties available to property investors, with Barrhead having 60th most in the province, out of a total of 339.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Barrhead will hopefully provide an indicator to help you where to research in-depth

Over the last three months in Barrhead, housing stock available seems to be falling – this could mean that homes values might increase faster.

With a median listing price of $450,000, Barrhead is Canada’s 55th most expensive when ordered by median listing price.

With Barrhead’s median house price at $450,000 in Aug , it is high priced compared to the rest of Alberta.

There are 99 neighbourhoods that have more properties on sale than Barrhead at the moment in Alberta which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

Can we guarantee how well Barrhead is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Barrhead there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $167,450
3 bedrooms $239,000
4 bedrooms $259,000
5 bedrooms $289,000
Demographics
  • Population in 20114432
  • Population in 20064209
  • 2006 to 2011 population change (%)5.3
  • Total private dwellings1932
  • Private dwellings occupied by usual residents1805
  • Population density per square kilometre547.2
  • Land area (square km)8.1