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Fairview, AB

Updated: Aug 2016
House
Median price
Monthly growth
Quarterly trend
Stock on market
Apartment
Median price $197,500
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.45%

Fairview Home Price

It’s never an exact art, but to try to forecast how property is going to appreciate in Fairview for investors, it’s important to look at data like:

If you are looking at investment properties in Fairview, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Across the country as a whole, Fairview is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

In Aug the median listed house price of $197,500 in Fairview was relatively low compared to the rest of Alberta.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Alberta has the fourth most amount of properties available to property investors, with Fairview having 50th most in the province, out of a total of 99.

Will prices rise across the next year in in Fairview? There are a number of real estate indicators to consider.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Fairview 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 $197,500
Demographics
  • Population in 20113162
  • Population in 20063297
  • 2006 to 2011 population change (%)-4.1
  • Total private dwellings1322
  • Private dwellings occupied by usual residents1266
  • Population density per square kilometre279.8
  • Land area (square km)11.3