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Ghost Lake, AB

Updated: Aug 2016
House
Median price $722,450
Monthly growth
Quarterly trend
Stock on market 5.80%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Ghost Lake Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Ghost Lake is number 153 putting it ahead of most neighbourhoods .

In Aug the median listed house price of $722,450 in Ghost Lake was an impressive compared to the rest of Alberta.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

As one of Alberta’s many potential real estate investment neighbourhoods, Ghost Lake 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Ghost Lake there is more stock than three months ago. This would indicate pressure on prices easing.

Can we guarantee how well Ghost Lake 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 Ghost Lake there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Demographics
  • Population in 201181
  • Population in 200678
  • 2006 to 2011 population change (%)3.8
  • Total private dwellings69
  • Private dwellings occupied by usual residents35
  • Population density per square kilometre129.4
  • Land area (square km)0.63