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Edson, AB

Updated: Aug 2016
House
Median price $385,000
Monthly growth 4.06 %
Quarterly trend
Stock on market 3.70%
Apartment
Median price $236,500
Monthly growth -5.19 %
Quarterly trend
Stock on market 0.59%

Edson Home Price

The median asking price in Edson is $385,000, a substantial increase over the median three months ago which was $369,900 .

The $385,000 price tag on the median Edson home means that it is quite highly priced by Canadian standards.

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

This month we track 21th neighbourhoods in Alberta, and Edson has the 21th most choice available for real estate investors.

When we look at the data we have, it can help with trying to establish whether or not Edson is a good investment target.

In Edson, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

The median asking price in Edson is $236,500, an improvement on the median three months ago which was $251,900 .

With Edson’s median house price at $236,500 in Aug , it is about average compared to the rest of Alberta.

Edson’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.

Alberta has the fourth most amount of properties available to property investors, with Edson having 22th most in the province, out of a total of 99.

As one of Alberta’s many potential real estate investment neighbourhoods, Edson needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

In Edson, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Beds Median price (House) Median price (Apartment)
1 bedroom $96,750
2 bedrooms $289,900 $248,000
3 bedrooms $339,900 $334,900
4 bedrooms $387,500
5 bedrooms $411,950
6 bedrooms $504,900
Demographics
  • Population in 20118475
  • Population in 20068098
  • 2006 to 2011 population change (%)4.7
  • Total private dwellings3701
  • Private dwellings occupied by usual residents3386
  • Population density per square kilometre286.5
  • Land area (square km)29.58